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Dan Gilbert exits casino business with Jack Entertainment sales

It would seem that billionaire American businessman Dan Gilbert (pictured) has quietly exited the casino business after reportedly selling off his remaining stake in operator Jack Entertainment to members of the firm’s management team. According to a Monday report from the Cleveland Scene newspaper, Gilbert is worth an estimated $34 billion thanks to his Quicken […] Source link

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Entain facing resistance to proposed Enlabs AB acquisition

Prominent iGaming and sportsbook operator Entain is reportedly facing shareholder resistance to its proposed £250 million ($340.3 million) plan to purchase Baltic-facing competitor Enlabs AB. According to a Monday report from SBCNews, the Isle of Man-based firm is already responsible for a plethora of iGaming brands including Bwin, Ladbrokes, PartyPoker and SportingBet while partnering with […] Source link

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Nevada Casinos on Alert with State Counter Terrorism Center as Biden Inauguration Approaches

Las Vegas casino security officials remain on watch this week, with Joe Biden’s Wednesday inauguration and residual concerns about potential pro-Donald Trump protests in Nevada and nationwide. Donald Trump supporters shown here assembled in Carson City, Nevada during a rally this past weekend. The protest remained peaceful. Officials nationwide are monitoring for extremist violence following the January 6 breach at ...

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Grand Korea Leisure Company Limited extends casino closures to February 1

In South Korea and casino operator Grand Korea Leisure Company Limited has reportedly announced that it is to keep its three-strong chain of Seven Luck Casino-branded venues shuttered until February 1 owing to the ongoing coronavirus pandemic. According to a report from GGRAsia, the Seoul-headquartered firm’s foreigner-only casinos inside the Millennium Hilton Seoul, Intercontinental Seoul […] Source link

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Positive earnings prediction for coming Grand Lisboa Palace

In Macau and local casino operator SJM Holdings Limited is reportedly expected to generate approximately $257 million in aggregated annual earnings next year from its coming Grand Lisboa Palace development. According to a report from Inside Asian Gaming, this forecast from American credit ratings behemoth Fitch Ratings Incorporated was included in an assessment that gave […] Source link

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Wynn Resorts Limited inks WynnBet sportsbetting alliance for Iowa

American casino operator Wynn Resorts Limited has announced that its WynnBet mobile-friendly sportsbetting innovation will soon be available to punters in Iowa following the signing of a deal with smaller compatriot Elite Casino Resorts. The Las Vegas-headquartered firm used an official Friday press release to detail that its WynnBet service launched last year and has […] Source link

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