Caesars Entertainment CEO To Step Down Next Year

Mark Frissora joined the company in 2015 and guided it through bankruptcy reorganisation, will remain until February 8 Caesars Entertainment Corp. has announced that its current president and CEO Mark Frissora (62) has indicated he will step down on February 8 2019. He has been with the company since 2015, guiding it through bankruptcy reorganisation. The Associated Press news agency...

Zynga Still Struggling With Slots And Poker Offerings

Latest quarterly shows net income and adjusted earnings in decline San Francisco-based social gaming giant Zynga is apparently still struggling to come to grips with its slots and poker offerings, judging by its latest Q3-2018 filing released Wednesday, which highlights: Social slots and poker facing a challenging environment; Overall revenue up 4 percent y-o-y at $233.2 million; Sales of virtual...

US Sports Betting in the News — Weekly Round-up for November 02, 2018

Louisiana Could Be The Next Us State To Legalise Sports Betting State senator says he is preparing another legalisation proposal as neighbouring Mississippi reports successful introduction of sports wagering Louisiana state Sen. Danny Martiny, who has tried and failed in the past to get a sports betting legalisation bill through committee stages in the state legislature, said this week that...

Churchill Downs In $500 Mill Move To Acquire Majority Share Of Illinois Land Casino

Rivers Casino Des Plaines is the target Kentucky-headquartered online and land gambling group Churchill Downs Incorporated has unveiled an agreement to acquire a majority stake in Rivers Casino Des Plaines in Illinois for $500 million. The Kentucky company has set a target of at least 50.1 percent of the shares in Rivers parent group Midwest Gaming Holdings, and if the...

New York Jets Ink Another Gambling Company Deal (Update)

Multi-year partnership signed with MGM Resorts The NFL franchise New York Jets has followed its recent partnership signing with 888 Holdings (see previous InfoPowa report) with an agreement with MGM Resorts. The Jets announced Wednesday that MGM Resorts will become an official gaming partner, and that it is still searching for a suitable daily fantasy sports partner. MGM Resorts chairman...

Top New Jersey Operator Applies For Pennsylvania Online Gambling Licence

Golden Nugget wants to offer both online slots and online table games, but not online poker The top operator in the New Jersey online gambling market, Golden Nugget, has applied for online casino and sports betting licensing in neighbouring Pennsylvania, just under Wednesday's closing deadline for qualified gaming entities (existing land licence holders). The company's New Jersey operations have shown...

Florida Police Shutter 17 Internet Cafes On Gambling Charges

Enforcement action follows 1st District Court of Appeal finding that these are illicit operations Enforcement officials in Volusia County, Florida shuttered 17 internet cafes this week, citing a finding by the 1st District Court of Appeal, which declared the businesses illicit. The Sheriff’s office served cease and desist orders on the businesses, which were obeyed, according to local media reports....

Caesars Joins The NHL Sponsorship Train

New Jersey Devils clinch second high-profile sponsorship in a week The National Hockey League’s New Jersey Devils have signed their second high-profile sponsorship deal in a week. Following the news of a deal with William Hill, Caesars Entertainment will now too enjoy the promotional benefits of an affiliation with the ice hockey team. Described as historic, the partnership will seemingly...

Setback For New York Daily Fantasy Sports (Update)

Albany Judge rules that daily fantasy sports contests constitute gambling and are prohibited by the state constitution Acting Supreme Court Justice Gerald Connolly in Albany, New York put the cat among the pigeons Friday when he ruled that daily fantasy sports - the classification as a game predominantly of skill notwithstanding - are gambling and as such are prohibited by...

Will Hill Partners New Jersey Devils

Expands visibility with professional ice hockey team William Hill US has clinched a deal with professional ice hockey team, New Jersey Devils. The multi-year agreement signifies the first professional sports team to partner with a sportsbook in New Jersey, a press statement reads. In collaboration with the Newark’s Prudential Centre, a permanent William Hill Sports Lounge in-arena activation centre will...