Archive for July, 2016

Wynn Resorts Shares Fell after Macau Officials Limit Baccarat Tables on Wynn Palace Casino
July 28th, 2016 By April Bergman

Wynn Resorts Shares Fell after Macau Officials Limit Baccarat Tables on Wynn Palace Casino

Wynn Resorts Ltd. shares fell 5.9% after the gaming company got bad news from Macau. After building a $4.1 billion integrated resort-casino on the Cotai Strip in Macau (Wynn Palace), the company learned it would receive only about one-half of the projected number of baccarat tables. Making matters worse, betting at the company’s already existing […]

888 Holdings Is in Preliminary Talks to Buy William Hill for $4 Billion
July 25th, 2016 By April Bergman

888 Holdings Is in Preliminary Talks to Buy William Hill for $4 Billion

888 Holdings and Rank Holdings are in preliminary talks to acquire the UK-based bookmaker, William Hill, in a $4 billion buyout. 888 is the owner of 888casino, 888poker, 888sports, and 93 other online gaming sites. It is one of the large online gambling companies in the world, with operations in the New Jersey, Delaware, and […]

William Hill CEO James Henderson Resigns after June Losses
July 20th, 2016 By April Bergman

William Hill CEO James Henderson Resigns after June Losses

William Hill CEO James Henderson abruptly resigned his position today, amidst a slump for the UK bookmaker. Henderson had been the chief executive for less than two years. His time in office has seen a series of troubles for the UK bookmaker. Philip Bowcock, who is the chief financial officer of William Hill, was announced […]

Casino Constanta on Romania’s Black Sea Coast Is Falling into Disrepair
July 18th, 2016 By April Bergman

Casino Constanta on Romania’s Black Sea Coast Is Falling into Disrepair

Romania has been in the gaming news throughout 2016, because its national gaming regulator barred a number of Western European online casino brands. The land-based casino industry is growing, with 8 casinos in Bucharest and 15 casinos throughout the country. Two of those casinos are in the city of Constanta (formerly Tomis), but neither of […]

British Columbia Gamblers Are Betting on US Presidential Election in Record Numbers
July 15th, 2016 By April Bergman

British Columbia Gamblers Are Betting on US Presidential Election in Record Numbers

Residents of British Columbia are betting on the outcome of the U.S. Presidential Election in record numbers. The gamblers are betting on PlayNow.com, the state-owned gaming website controlled by BCLC, a crown corporation. PlayNow has 10 types of political proposition wagers involving the race of the United States presidency. These wagers include everything from the […]

Gibraltar’s Online Gaming Operators Plan to Stay, Despite the Brexit Vote
July 13th, 2016 By April Bergman

Gibraltar’s Online Gaming Operators Plan to Stay, Despite the Brexit Vote

Despite the outcome of the Brexit vote, remote gambling companies based in the Gibraltar seem committed to remaining in their British Overseas Territory. The small territory of 32,000 residents is home to over 30 world-famous online gambling operators, including the likes of Ladbrokes, William Hill, and Bwin.Party. Before Brexit, companies working out of Gibraltar maintained […]

MGM Resorts and 2 Local Colleges Partner to Create a School for Card Dealers and Chefs
July 11th, 2016 By April Bergman

MGM Resorts and 2 Local Colleges Partner to Create a School for Card Dealers and Chefs

Massachusetts is known for its high concentration of universities and colleges. The state now can anticipate one more postsecondary institution. MGM Resorts International announced on Monday it is partnering with local colleges to establish a school for table games dealers and other staff. The school also is going to have a culinary program. The program […]

Chinese Officials Seek to Stop Illegal Betting on the EUFA Cup Championships
July 6th, 2016 By April Bergman

Chinese Officials Seek to Stop Illegal Betting on the EUFA Cup Championships

The growing interest in global football (soccer) among the Chinese middle class has caused the powers-that-be in China to crack down on illegal online sports betting. Chinese corporations and government official each have begun cracking down on illegal operators. China represents a particular trouble spot for law enforcement. The sheer size of the class of […]

Suicide in British Columbia Linked by the Coroner to Problem Gambling
July 4th, 2016 By April Bergman

Suicide in British Columbia Linked by the Coroner to Problem Gambling

Gambling addiction is thought to have been a contributing factor in the 2014 suicide of Terry Marra, the long-running president of the Gorge Soccer Association in British Columbia. The classification was announced this week by the B.C. Coroners Service. Mr. Marr had been the president of the volunteer soccer association since the 1990s, which is […]

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