Julie Moraine's latest articles
Julie Moraine
Lead AuthorWith 4 years experience as an analyst, Julie—or ‘Jewels’, as we aptly refer to her in the office—is nothing short of a marvel-worthy in her attention to the forex and cryptocurrency space as she quickly became the first pick to co-pilot education to the masses with Mike.
Business
October 13, 2020
MGM Resorts Completes $750M Senior Notes Offering Due 2028
MGM Resorts International announced in an investor update today it successfully completed a previously announced issuance of senior notes to the amount of $750 million due 2028 and priced at 4.75% annually. The new debt issuance was initiated in April, amid the uncertainty regarding the ongoing health crisis which forced federal and state authorities to […]
Business
October 13, 2020
TRWH Acquires Bally’s, Plans to Rebrand Its Properties
Rhode Island-based casino operator Twin River Holdings, Inc. announced today it acquired the Bally’s brand from its owner, Caesars Entertainment, for $20 million. The deal will allow the casino operator to keep the brand for the previously purchased Bally’s Atlantic City and also rebrand all of its casino properties. Bally’s Rise and Fall Bally’s brand […]
Casino
October 12, 2020
Harrah’s Kansas City Casino Requests Rent Break for Closure
Harrah’s Kansas City Hotel & Casino in Missouri is seeking a rent break from its landlord, the North Kansas City Council, pointing out to the difficult closure period. The casino’s general manager told council members that during the 75-day period the gambling establishment had no revenue, urging them to consider some sort of concession. Julie […]
Business
October 11, 2020
2019 Gambling Advertising in Spain Posted 10.6% Growth
Advertising for gambling purposes in Spain last year posted a double-digit increase, contrary to the overall decline of marketing-related investment in the country. According to the 6th edition of the Advertising Observatory in Spain 2020 by the Spanish Association of Advertisers (AEA), advertising spend for gaming and betting grew by 10.6%, while total advertising spend […]
Sports
October 11, 2020
GLMS Released Its Third Quarter Alerts & Reports Statistics
The Global Lottery Monitoring System (GLMS) released its monitoring and intelligence report for the activities during the third quarter of 2020, recording a significant increase in the number of alerts for the period. The global lottery alliance against sport competition manipulation tracked 452 occasions where an alert had to be generated. King Football Rules The […]
Business
October 10, 2020
Kindred Group Expects Third Quarter Record Revenue
Kindred Group released a Q3 trading update Friday, ahead of its third quarter interim report scheduled for November 6, saying revenue would be at an all-time high. The sports betting and iGaming operator based in Malta expects to generate for the three months ending September 30 in the region of £280 million. Double-Digit Growth in […]
Legal
October 9, 2020
NSW: Packer Admits to Being Aware of Junkets Links with Crime
During his third and final day of answering questions related to the New South Wales (NSW) Independent Liquor and Gaming Authority (ILGA) inquiry into Crown’s suitability for a casino license, James Packer admitted he knew about the links between junkets at Crown Resorts and organized crime. James Packer told the inquiry that he has long […]
Legal
October 8, 2020
KHRC: Time to Confirm Court Did Not Miss Details of Material Consequence
The Kentucky Horse Racing Commission (KHRC) is worried the state Supreme Court ruling that slot-like gaming systems at some of the race tracks in Kentucky do not constitute pari-mutuel wagering would have “crucial and wide-ranging” consequences. The commission asked the court for an additional 2 weeks to prepare a potential request for a rehearing of […]
Poker
October 8, 2020
Negreanu vs. Polk Online Challenge Set to Begin November 1
An epic heads-up match is scheduled to begin November 1 as Daniel Negreanu (@RealKidPoker) and Doug Polk (@DougPolkVids) finally agreed on the details regarding the online challenge, to settle a 6-year period of bad blood between them. The Arena Is Set The online match was initially agreed in July with only the details remaining to […]
Poker
October 7, 2020
Mike Postle Strikes Back, Files $330M Defamation Lawsuit
Mike Postle, the poker pro who became the focus of the biggest cheating scandal for the past several years, filed a defamation lawsuit October 1. Postle is seeking $330 million in damages he sustained to his poker career and reputation due to the allegations that he somehow cheated his opponents at Stones Gambling Hall in […]