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Division of Caesar’s Entertainment to Chapter 11

Division of Caesar’s Entertainment to Chapter 11

Frederick H. January 21, 2015 04:48:00

Caesars Entertainment Corporation files for bankruptcy protection in order to reduce its debt while creating enough revenue to satisfy creditors and investors. Caesars Entertainment Operating Company, a division of Caesars Entertainment Corporation, stated that it filed for bankruptcy protection last Thursday in Chicago. The company made the move to sell its plan to reduce its […]

Italian Lottery Operator Gtech buys US Slots Producer IGT

Italian Lottery Operator Gtech buys US Slots Producer IGT

Iva P. July 18, 2014 13:33:51

Gtech, the operator of the Italian lottery, signed a deal to acquire International Game Technology, slot machines developer, based in Las Vegas, for the stunning amount of $4.7 billion in cash and stock. IGT was constantly in the gambling news and a lot of speculations were discussed regarding its financial stability, before the confirmation of […]

Larger Number of Senior Players in USA Suffer the Outcome of Problem Gambling

Larger Number of Senior Players in USA Suffer the Outcome of Problem Gambling

Iva P. June 11, 2014 18:07:07

Problem gambling is a growing problem in various countries and as far as the USA is concerned, experts found that the number of senior problem gamblers is quite on the rise lately. When it comes to older players it’s pretty obvious that they usually have the necessary time and finances to support their passion for […]

Bookmakers in The UK Hope For Record Breaking World Cup Betting Profits

Bookmakers in The UK Hope For Record Breaking World Cup Betting Profits

Iva P. May 26, 2014 17:49:17

UK bookies are expecting great earnings from betting on the World Cup tournament, happening in Brazil next month, which will hopefully help them survive the extremely competitive market and new tax regulations. Bookies in the UK have extremely high expectations of the earnings they will gain thanks to the betting fiesta, which comes with the […]

4 Reasons Growing a Mustache Can Cure Your Poker Ills

4 Reasons Growing a Mustache Can Cure Your Poker Ills

April 17, 2014 14:45:42

Struggling to master the complex art of poker? Growing a mustache can help you get going in the right direction. Poker is the ultimate game of skill, requiring mathematical reasoning, visual recognition skills and above all, the ability to manipulate one’s opponents. These abilities are difficult to master, so making the transition from casual player […]

Bleeding Hearts Online: How the “Heartbleed” Bug Affects Online Gamblers

Bleeding Hearts Online: How the “Heartbleed” Bug Affects Online Gamblers

April 9, 2014 19:59:20

Heartbleed poses a threat to the entire spectrum of internet users, and if you gamble online, it could make your credit card numbers and bank account information vulnerable to identity theft. The recently discovered “heartbleed” bug has created a minor panic in the tech and iGaming communities. Heartbleed is a bug embedded in web encryption […]

UK Bookmakers Could Lose $49 Million on English Premier League

UK Bookmakers Could Lose $49 Million on English Premier League

Tom S. January 16, 2014 16:37:27

Bookies bleed cash after the stronger clubs won all seven matches over the weekend. Representatives of top UK bookmakers reported that the industry may lose up to $49 million on the latest round of English Premier League football matches, as all seven games were won by the favorites. According to UK gambling laws sportsbetting is […]