Poker
November 8, 2020
Online Poker Enters New Lockdown with Traffick Picking Up
Poker is on the cusp of picking up on the Internet once again with new lockdowns looming all over the world, and a traditionally fourth quarter being the strongest for the game online. Online Poker Is Tipped for a New Ride of Popularity Poker in the United States and Europe is tipped to surge once […]
Business
October 26, 2020
Caesars’ Bid for William Hill Approaching Day of Reckoning
UK-based sports book and iGaming operator William Hill is subjecting to shareholder vote Caesars Entertainment’s £2.9 billion takeover bid on November 17, just two days prior to a court hearing on the deal. For the cash deal to go ahead, 75% of William Hill shareholders should vote in favor of the offer from the casino […]
Business
October 22, 2020
Evolution Outlined Q3 ‘Exceptionally High’ Activity Levels
World leader in live dealer gaming Evolution Gaming released an interim report for the first nine months of 2020, posting strong Q3 growth in revenue and earnings. Total operating revenue for the three-month-period ending September 30 amounted to €140.2 million. Exceptional Third Quarter Evolution Gaming reported exceptionally high activity levels during the third quarter which […]
Blockchain
October 21, 2020
PayPal Enables Cryptocurrency Buying, Selling and Storage
One of the largest worldwide online payment networks, PayPal, has confirmed today that it is adopting cryptocurrencies and will allow customers to buy, sell and store crypto on the company’s digital wallets starting with the United States. PayPal Readies to Enable Crypto Payments Worldwide Earlier today, PayPal Holdings Inc announced it is opening the sluice […]
Business
October 16, 2020
MGM Resorts Only Vegas Strip Giant on Forbes’ Best Employer List
MGM Resorts International has been added on the list of 750 World’s Best Employers for 2020 compiled by Forbes with the help of Statista. Forbes Distinguishes MGM Resorts International as Employer Forbes has distinguished MGM Resorts International in its list of 750 World’s Best Employers for 2020. The casino giant secured 107th place. MGM Resorts […]
Business
September 30, 2020
Caesars’ £2.9B Takeover Bid Accepted by William Hill Board
US casino giant Caesars Entertainment, Inc. and UK-based sportsbook operator William Hill PLC reached an agreement regarding the sale of the sports betting company. The £2.9 billion cash offer was initially revealed by Caesars on Monday, when William Hill responded to speculations it was a subject of a takeover bid, confirming it had received two […]
Business
September 28, 2020
Caesars Reveals a Potential £2.9B William Hill Takeover Bid
US casino giant operator Caesars Entertainment announced Monday it was in advanced negotiations to acquire UK-based sports betting company William Hill. Caesars outlined it was about to make an official £2.9 billion ($3.7 billion) cash takeover bid for the bookmaker. At the end of last week, William Hill responded to speculation that it was at […]
Business
September 27, 2020
William Hill at the Centre of a Potential US Bidding War
UK betting giant William Hill issued a response to speculation Friday, confirming the operator received two separate cash offers, from Apollo Management International LLP and its subsidiaries, and from Caesars Entertainment, Inc. Rumours Confirmed After an initial written proposal from the US private equity group Apollo in August, William Hill received a further proposal and […]
Business
September 21, 2020
Caesars and VICI Complete Caesars Forum $400M Mortgage Deal
Caesars Entertainment announced Friday it secured a mortgage loan deal worth $400 million with real estate investment trust (REIT) VICI Properties, and secured by the Caesars Forum Conference Center in Las Vegas. In a filing to the Securities and Exchange Commission (SEC) VICI outlined the loan deal which was initiated by a letter of intent […]
Industry
August 13, 2020
MGM Resorts Employee Fund Receives a $2 Million Donation by Kerkorian Estate
The fund by MGM aiming at mitigating the COVID-19 impact on employees receives a $2 million donation by the Kerkorian Estate. MGM’s CEO Bill Hornbuckle expressed gratitude for the generous contribution. Kerkorian Estate Donates $2 Million to MGM Employee Fund The employee fund of MGM Resorts International received a $2 million donation by Kerkorian Estate. […]