Live Dealer Online Poker: What’s in a Name?
At the start of 2018, New Jersey’s online gambling market made yet another progressive move towards diversify its online poker product after the Golden Nugget Atlantic City launched a live Texas Hold’Em dealer game on its online casino platform. Nevertheless, the move is not as straight forward as has been the case with previous poker […]
Steve Wynn No Longer CEO of Wynn Resorts
The CEO of Wynn Resort’s Steve Wynn has been hit with sexual allegation claims with the slew of accusations pushing the Massachusetts’s Gaming Panel to subsequently review the current project the company is developing in Everett, Massachusetts. Wynn Resorts had invested significant time and capital in getting the go-ahead to build a $2.4 billion casino […]
NY Senate Committee Approves iPoker Bill Again
New York appears on track to legalize online poker, and while it may take some time, hope still exists of a positive outcome this year as long as legislators continue pushing the agenda forward. At the end of January, for instance, we learned that New York State Senator John Bonacic had his online poker bill […]
Could Hainan Island Become China’s Next Gambling Hub?
Macau is currently the world biggest gambling hub, with the island positioned off the south coast of China having usurped Las Vegas from its pole position more than a decade ago. The obvious success of the resort, whose revenues rose by 19% to $33.13 billion in 2017, has obviously emboldened China to consider expanding gambling […]
PokerStars Focussing Heavily on Celebrity Endorsements
A massive gap has opened up between the sponsorship approaches being taken by PokerStars and its next nearest rivals 888poker and PartyPoker. Whereas its competitors continue recruiting top pros to their sites, including the likes of Isaac Haxton, Philipp Gruissem and 2014 WSOP Main Event champion Martin Jacobson (888), PokerStars, in the meantime, has gone […]
Nevada Casinos Derive 42.4% of Revenues from Gambling in 2017
Last year, Nevada’s casinos generated $26.2 billion in revenue, beating the previous record of $25 billion set in 2007 just before the Great Recession caused a downtrend in the industry. Furthermore, gambling revenues accounted for just 42.4% of their total business, down from last year’s figure of 42.6%, and commenting upon the development, Michael Lawton, […]
New Casinos Cannibalize Business of Existing Ones in NY
Moody’s Investors Services has just released a report examining the way in which the newest casinos opened up in New York over the past 13 months have been affecting the business of those already established casinos in the state. It doesn’t take much to figure out what is taking place judging by the study’s title, […]
