Rumours and Gossip In The Gambling Industry

Caesars Entertainment CEO Tony Rodio Tenure Could Be Short, as Potential Suitor Eldorado Resorts Wants Corporate Costs Reduced

Caesars Entertainment CEO Eldorado Resorts

May 15, 2019 By Devin O'Connor

Caesars Entertainment CEO Tony Rodio’s days leading the casino giant could be short-lived, as potential buyer Eldorado Resorts wants to slash corporate costs if an acquisition is made. Sources close to the negotiations who spoke with the New York Post claim Eldorado CEO Tom Reeg is set on finding a way to cut $500 million…Read More

Macau Health Bureau Quells Rubella Outbreak Rumors as 24 Casino Employees Succumb

May 13, 2019 By Todd Shriber

Despite 37 cases of rubella so far this year — including two dozen involving casino workers — Macau’s Health Bureau is insisting the Chinese gaming territory is not suffering from an outbreak of the disease also known as German measles. In a statement released over the weekend, the Bureau confirmed the spike in cases this…Read More

Manchester City Wins Record-Breaking EPL, No Final-Day Twist for Liverpool

May 13, 2019 By Philip Conneller

Manchester City was crowned English Premier League Champion on Sunday with a 4-1 defeat of Brighton, becoming the first team to win the title back-to-back since arch rival Manchester Utd pulled off that feat exactly ten years ago. While the celebrations in the sky-blue half of Manchester raged into Sunday night, you had to feel…Read More

Police Seek Former Ted Binion Employee Hunting for Late Casino Tycoon’s Hidden Treasure

April 12, 2019 By Philip Conneller

Police in Nye County, Nevada are seeking a man on felony burglary, conspiracy, and destruction of property charges, who they believe has been looking for Ted Binion’s fabled hidden treasure. Some believe the late casino tycoon left some of his personal wealth buried on his 138-acre ranch near Pahrump, 53 miles west of Las Vegas….Read More

Hard Rock, Genting Pursuing Crown Resorts Takeover Following Wynn Fallout

April 12, 2019 By Devin O'Connor

Hard Rock International and Genting Group are both exploring a takeover of Crown Resorts, the Australian casino giant that is actively pursuing offers. Following Wynn Resorts’ abrupt termination of discussions with the Aussie casino operator, analysts at Deutsche Bank say Hard Rock – which is owned by the Seminole Tribe in Florida – and Malaysia-based…Read More

Caesars Entertainment and Eldorado Resorts in Reported Merger Talks

March 18, 2019 By Philip Conneller

Caesars Entertainment and Eldorado Resorts have initiated merger negotiations, according to Reuters. The news agency cited “sources familiar with the matter” who said Sunday the two casino operators were in the early stages of talks “exploring the possibility” of a combination. Caesars is understood to have provided Eldorado with a limited amount of sensitive financial…Read More

Sports Betting Landscape: Odds Favor California, Florida, and Texas Remaining on Sidelines

March 04, 2019 By Devin O'Connor

Sports betting in the US continues to expand across the country, but the three largest states – California, Texas, and Florida – aren’t expected to participate anytime soon. The Associated Press reports that the three states have been home to teams that have participated in more than half of the championship series and games in…Read More

False Rumor Caused Oscars Betting Stampede in New Jersey

February 26, 2019 By Philip Conneller

A rumor that Yorgos Lanthimos was going to win the Oscar for Best Director for The Favourite reportedly spread like wildfire in the lead up to the big night on Sunday, causing New Jersey’s new sports books to slash the odds on the prospect. By Sunday morning, as gamblers clamored to get their bets on…Read More

Industry Bodies ABB and RGA to Merge to Lobby for UK Gambling Interests as Regulators Tighten Thumbscrews

February 25, 2019 By Philip Conneller

UK gambling’s two major industry bodies are set to join forces as they seek to consolidate their interests and extend their lobbying reach in the face of tighter regulatory controls in the country. While no statement has yet been forthcoming from either the Association of British Bookmakers or the Remote Gambling Association, rumors of merger…Read More

Mystery Thief Stole Toronto Stock Traders’ $500,000 Super Bowl Sweepstakes Pot

February 12, 2019 By Philip Conneller

The high-stakes Super Bowl sweepstakes on Bay Street — Toronto’s financial district — has become something of an institution among the city’s wealthy stockbrokers — and with a $500,000 prize pool, it offers the kind of returns most of us can only dream of. Except this year, there was no prize pot, because somebody stole…Read More

Stanley Ho Family Quashes Reports 97-Year-Old Macau Billionaire Seriously ill in Intensive Care

February 11, 2019 By Philip Conneller

The family of Stanley Ho has denied reports that the Macau casino patriarch is seriously ill. According to the South China Morning Post, Ho’s third wife Ina Chan Un Chan, and daughter Laurinda Ho Chiu-lin, told press outside Hong Kong Sanatorium & Hospital in Happy Valley — where Ho resides on a day-to-day basis —…Read More

Oakland Raiders Expected to Play in San Francisco, Super Bowl 54 Odds Favor Kansas City Chiefs

February 04, 2019 By Devin O'Connor

The Oakland Raiders will relocate to Las Vegas in 2020, but in the interim, the NFL franchise needs a temporary home. Rumors suggest they have found it by way of Oracle Park in nearby San Francisco. The Associated Press says sources close to the situation report that while a deal hasn’t been reached, it’s close….Read More

Rumors Swirling Regarding Atlantic Club Sale, Notice Filed on Shuttered Atlantic City Casino

February 04, 2019 By Devin O'Connor

The long-shuttered Atlantic Club casino in Atlantic City might have a new owner after a notice of settlement on the Boardwalk property was filed with the county. The Press of Atlantic City was first to report that current owners TJM Properties, a Florida-based real estate developer, might have finally found a buyer for the closed…Read More

Racing Point Teams Up with Sportpesa in Formula One’s First-Ever Gaming Industry Sponsorship Deal

January 26, 2019 By Philip Conneller

Formula One team Racing Point is shortly expected to announce the first-ever sponsorship deal between a stakeholder in the global motorsport series and a gambling company. According to sources who spoke to RaceFans.net, the team — previously known as Force India — has signed a branding agreement with Africa’s biggest sports betting company, Kenya-based Sportpesa….Read More

Ocean Resort Casino Mystery Buyer Still Unknown

January 21, 2019 By Devin O'Connor

The Ocean Resort Casino in Atlantic City was sold more than a week ago, but the buyer still hasn’t been publicly revealed. Present owner Bruce Deifik announced he was selling the Boardwalk casino resort less than six months after he opened the former Revel under its new identity. The property, which cost $2.4 billion to…Read More

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