Adelson interests take a 43 percent hit in net profits Multi billionaire land casino mogul Sheldon Adelson's pocket took a hit last year when his Macau casino interests in the Sands China group posted a 43 percent fall in net profit for the year ended Dec. 31, 2015, according to a preliminary announcement. The operator reported that profit for the...
Was the timing of this article planned? Hard on the heels of news that DFS legalisation is gaining traction in the California Legislature, and Friday's launch of Assemblyman Adam Gray's new bill seeking the legalisation of online poker, the mass-circulation newspaper Los Angeles Times published a long article on problem gambling Saturday, claiming that "up to 1 million Californians already...
Controversial firm now able to offer cyber security, anti-fraud measures, and geolocation services to the Nevada online gaming market Despite controversy over the involvement of its CEO, Greg Pierson and the company itself in the UltimateBet cheating scandal several years ago, Iovation has been awarded a Class 2 licence by the Nevada Gaming Commission on the recommendation of the Nevada...
Another look at how recently Nevada-licensed Iovation is associated with online poker's biggest ever cheating scandal Last week's news that Greg Pierson's geolocation and verification company Iovation has been awarded a Nevada Gaming Commission licence surprised many in the industry, and prompted investigative journalist Haley Hintze to revisit online poker's biggest yet cheating scandal on the Flushdraw online poker information...
CIE posts a 30.5 percent increase in net revenues for 2015 to $766 million, while adjusted EBITDA grew 62.6 percent for the full year FY 2015 results posted by Caesars Entertainment reveal that net revenues increased 14.7 percent to $4.5 billion driven by increased performance of the hospitality offerings and Caesar Interactive's social and mobile games business. "Caesars achieved solid...
Lawmakers want to raise the minimum playing age to 21 years A bill (SB339) seeking to declare daily fantasy sports competitions legal in Indiana has been approved by the state Senate and is now under consideration by the House Public Policy Committee, which is expected to vote the measure forward next week. Among the amendments sought so far by committee...
Simulated Gaming supply contract inked with leading Atlantic City land and online casino group Game Account Network (recently rebranded GAN) has announced another US contract for its Simulated Gaming online gambling product, this time with Atlantic City land and online gambling group (and New Jersey online market leader) Borgata Hotel Casino and Spa. GAN notes that its popular product could...
February 15 marked the start of NBA 2K16 Road to the Finals US interactive entertainment publisher 2K had met its 15 February start date announced in press releases at the start of February, launching NBA 2K16 Road to the Finals - a competition that merges simulation basketball with eSports and culminates over the course of the NBA Finals in June....
Big Fish Games subsidiary delivers the goods US land gambling and racing group Churchill Downs Incorporated's decision to get into online social gaming through the acquisition of Big Fish Games over a year ago was a sound one, as the latest company results illustrate. In Q4-2015 Big Fish delivered revenue of $113.7 million and earnings of $28.5 million, with casino...
But is it good PR for gambling to be associated with porn? DFS News reports that daily fantasy operator DraftDay hopes to cash in on the popularity of online porn through a deal with Vivid Entertainment, one of the internet's largest purveyors of adult films, to offer daily fantasy to viewers through a new joint venture titled VividBetSports.com. Company officials...
