Eniko December 21, 2021 23:08:09
The casino business is a very profitable business with the owners of the largest casinos earning hundreds of millions of dollars every year. We can find some well-known names in the list of the richest casino owners in 2021 like Donald Trump’s partner, Phil Ruffin. Along with the richest casino owner, Sheldon Adelson whose estimated fortune was $29,9 billion at the time of his death this January.
Nich Moore December 21, 2020 20:24:58
We all like to bet on famous people, their successes, their failures, and so we take a look at some of the outside chances for the year ahead.
Nich Moore November 16, 2020 17:08:22
It is lamentably all too easy to dismiss the current market shift towards digital service provision on current events. As if prior to 2020 no one had used online sportsbook sites in the US like Bovada. This is ridiculous. The trend began long before this year and had already evolved an irrevocable momentum. The whole world is moving online. So, some traditional businesses, and the places they’ve congregated will get left behind. Some, like Vegas, do themselves no favors.
Nich Moore February 4, 2020 17:59:35
The Supreme Court ruling in May of 2019 was the final word in a long battle. Despite opposition from the likes of Sheldon Adelson and those with a vested interest in the status quo, common sense won out. Sports betting in the US became legal and states offering sports gambling in the US grew in number rapidly. That has given online sportsbook sites in the US like Bovada a new lease of life. The market is now set for rapid expansion over the next very few short years.
Nich Moore April 10, 2019 11:41:50
It might well be easy to think that the US would take the very first opportunity it can to be rid of the obviously criminal Donald Trump and his cabal of cronies however US politics is never what you might call sensible. Just look at the odds he’s getting on sites like Bovada. So if you’re going to take advantage of US gambling laws to back a candidate in the next US election here’s seven reasons to bet on Donald Trump to win in 2020 despite all that he’s done that should prevent it.
Nich Moore May 25, 2018 06:35:28
If I ask what happens when you stitch 142 IMAX cinema screens onto the inside of a large sphere and plonk it just off the expo site in Las Vegas bet you couldn’t give me an answer, and yet the Sand Corp of Sheldon Adelson and Madison Square Garden are doubling down on this massive […]
Nich Moore September 15, 2017 09:38:50
Las Vegas Sands CEO Sheldon Adelson has decided the best way to make progress in the lengthy and torturous Japanese legislative process is to complain about it. The Office of Integrated Resort Regime Promotions Expert Committee coming under fire from the American for imposing size limits, but will Sheldon’s legendary quantities of cash mean Bet365 […]
Nich Moore February 2, 2017 13:34:17
Whilst the headlines are full of temporary bans on refugees and whatever insanity Sean Spicer has had to say today behind the scenes Donald Trump has been putting another casino operator into the sort of quiet position of power that consolidates his grip on the former democracy they call America. With Sheldon Adelson at his […]
Nich Moore December 13, 2016 13:25:54
New Jersey has more than its fair share of woes, Atlantic City chief among them, but just how much progress will be stifled in their constant efforts to prop up this now unsustainable gambling hub on the east coast, where so many casinos abound? The public may have turned down casinos at racetracks in a […]
Nich Moore December 9, 2016 08:49:11
No one expected the election of Donald Trump but now he’s all but in residence at the White House will we see a development or regression in the gaming industry with which he has been so long connected? Will he open up the industry to big internet names like Bet365 or are we more likely […]
Kevin Oldroyd September 1, 2016 12:38:39
It was reported today that Macau finally recorded an increase in gambling revenue after a two-year stretch of losses For over 26 months, the gambling hotbed of Asia, Macau, continuously lost money. It appeared to start after President Xi Jinping cracked down on Macau’s gambling laws by reducing the time mainland Chinese citizens could spend […]
Akos May 10, 2016 08:03:15
The failed presidential candidate, Lindsey Graham, has managed to slip anti-online gambling language into the Appropriations Bill. Let’s examine the chances for a federal ban on internet gambling in the US. Lindsay Graham is sticking to his plan to ban internet gambling in the US. According to US gambling news, the failed presidential candidate has […]
Daniel April 8, 2016 06:14:38
The casino magnate’s Las Vegas Sands have to pay big after this property of Sheldon Adelson fined to $9 million in the foreign corruption case that has been running for years. The Department of Justice together with the Securities and Exchange Commission (SEC) has been investigating some transactions of Las Vegas Sands, Adelson’s property, for […]
Katrina P. January 1, 2016 03:05:36
The Las Vegas Review-Journal is officially the latest Adelson family newspaper… So what are they going to do with it? It was big US gambling news when casino mogul and multibillionaire Sheldon Adelson was identified as the mystery buyer of the Las Vegas Review-Journal. So it is not surprising that since the announcement, the Nevada […]
Katrina P. December 17, 2015 11:47:22
After weeks of secrecy and media outrage, it has finally been confirmed that billionaire casino magnate Sheldon Adelson owns the Las Vegas Review-Journal. Ever since news broke that a mysterious company named News + Media Capital Group LLC had purchased the Review-Journal for $140 million, online gambling sites in the US have been abuzz with […]
Frederick H. August 15, 2015 16:30:49
The World’s Biggest Casinos have the power to attract millions of visitors at any given time, thanks to their immense gaming offers and other non-gambling services. Decades ago, when the fate of casinos first came into jeopardy, financiers were able to halt their extinction by using high-return bonds. The process proved risky, but everyone on […]
Samuel July 9, 2015 08:19:27
New strategies are being developed by Washington leaders in order to hinder the enlargement of online gambling across various US states. On-going analysis are being embarked on by the Washington officials to suggest a new bill that will look into the advantages and disadvantages of online gambling in different states of the USA. Furthermore, gambling […]
Phyllis F. May 16, 2015 12:50:28
Adelson’s Las Vegas Sands Corporation, rumored to have had relationship for several years with infamous triad leader, Cheung Chi Tai. Las Vegas casino magnate and a staunch supporter of the conservative party in the US, Sheldon Adelson, was in court last week, giving testimony in his implication in a ‘wrongful-termination’ lawsuit. The outcome of the […]
Phyllis F. April 25, 2015 10:39:12
High rollers in Macau may have diminished, but the culture of junket operations, and fears of the ever-present triads in the background is still there. In the mid 2000s Macau’s gaming revenues was around $7bn in comparison to Las Vegas Strip’s $10bn now its the other way around but maybe not for much longer, thanks […]
Phyllis F. April 25, 2015 10:39:12
High rollers in Macau may have diminished, but the culture of junket operations, and fears of the ever-present triads in the background is still there. In the mid 2000s Macau’s gaming revenues was around $7bn in comparison to Las Vegas Strip’s $10bn now its the other way around but maybe not for much longer, thanks […]
Nich Moore April 24, 2015 03:44:45
Nevada Assembly Bill No.414 might not sound exciting but it sets out to limit governor’s ability to provide better online gambling for the people of his state, and it’s all thanks to Sheldon Adelson As the US election cycle finally kicks itself away from the peer and drifts off down stream to a land of […]
Phyllis F. April 23, 2015 06:11:55
Caesars could extend its partnership with its online platform provider 888 holdings, currently in Nevada, Delaware, New Jersey to Pennsylvania. There are quite a few online casinos in the US who are keen on getting a license in Pennsylvania (PN) if the legislators ever get around to passing the online gambling bill. Well, everyone’s keen […]
Phyllis F. April 22, 2015 10:52:05
A bill is waiting to be passed in order to legalize gambling in Japan. Since last year the Japanese congress should have been busy preparing the groundwork for casino industry investors to move in. This bill would have enabled Las Vegas-focused companies including Las Vegas Sands, MGM Resorts International and Wynn Resorts to move in […]
Phyllis F. April 21, 2015 03:46:49
It’s definitely a case worth betting on as to the outcome in the case between Adelson and Jacobs in the Nevada lawsuit. 81-year-old billionaire Sheldon Adelson, founder, chairman and chief executive officer of Las Vegas Sands Corp is going to court to face charges of unlawful dismissal of the head of his Macau-based casinos, almost […]
Nich Moore March 13, 2015 11:39:14
There are a huge number of reasons why Real-World casinos should be scythed away from our society and their owners are just some of them Real-World casinos are ghastly places owned by horrible people. You only have to look at the collection of possibly-at-one-time human entities that build and run these places to know there’s […]
Nich Moore March 13, 2015 10:57:51
There are many reasons to think that Casinos have had their day and ought to quietly pass the torch on to the new internet generation. Here are just some of them. 1. They’re Ugly It is really hard to understate just what gloriously disgusting carbuncles these edifies are in terms of pure aesthetics. Despite conceptual […]
Bence March 6, 2015 06:04:46
America’s anti-online gambling bill, RAWA, was introduced this month and got a hearing on March 5. Representative Jason Chaffetz has introduced his new bill, the Restoration of America’s Wire Act (RAWA) which got a hearing on March 5 in Capitol Hill. If the new bill is passed through the Congress, US gambling laws will strongly […]
Nich Moore February 20, 2015 04:40:44
Apparently it isn’t just economic hardships that are to blame for Atlantic City feeling the squeeze, as it now emerges one of its biggest enemies is their very own Governor Last year Atlantic City’s woes were big news in the gambling news pages as the jewel of the east coast found itself getting squeezed on […]
Nich Moore February 19, 2015 08:07:46
The President says the US isn’t at war with Islam, but that doesn’t mean it’s fighting the real threat to democracy either In an effort to counter extremism Barak Obama, the US President, has been gambling news reports of his two speeches on the subject will show a lead in the combating of the perceptional issues […]
Phyllis F. January 6, 2015 08:54:01
Following the plunge in revenues, Melco Crown may quit the HK stock exchange. The gambling enclave lost almost $100 billion of market value during the Chinese government’s clampdown on corruption. With revenues falling to 30.4% in December, 2013 ended badly for the gaming industry in Macau. This was the seventh month in a row where […]
Adelson’s wallet takes a tumble on the Forbes list as his Macau casinos continue to bleed cash. A man who has made a $40 billion fortune from the gambling losses of others got a taste of his own medicine this past year. Sheldon Adelson of Las Vegas Sands remains the world’s wealthiest casino tycoon, but […]
Nich Moore December 17, 2014 13:08:18
It always pays to be careful what you say and Mr. Sheldon Adelson may well have learned that lesson after some of his comment provoked a practical Iranian response It reads, in no small part, like the plot of one of those cheap thriller novels that you only ever find in airport book kiosks and […]
Phyllis F. December 8, 2014 22:27:08
As casino gambling revenues dip gaming operators are building huge brand name retail outlets to boost sales. In the era of decreased gambling revenues in Macau, one Macanese casino has turned to merchandising. This may turn out to be the solution to up revenues and get the owners of Macanese poker rooms back on their […]
Phyllis F. November 27, 2014 12:15:08
Mounting discord against possible backroom deals to ban some forms of online gambling puts casino mogul Adelson in the hot seat. A heated debate is now on as casino Mogul Sheldon Adelson seeks to get legislation which will outlaw online gambling in the US. The Restoration of America’s Wire Act is being supported and paid […]
Macau casino revenue has declined for five straight months. While politics on the mainland are partially to blame, casinos should update their business model. Macau is far away the preferred destination for gamblers, with annual casino revenue lapping Las Vegas several times over ($45 billion to $6.2 billion) in 2013. Shimmering mega-casinos like the Venetian […]
Nich Moore November 18, 2014 16:35:14
The war for the future of gambling in the United States had another skirmish recently when the bill written for billionaire Sheldon Adelson was quietly shelved by the Republicans he donates to. The gambling industry in the United States has always been a very political beast. Up until just twenty five years ago the duopoly […]
Ray Lesniak is pointing the finger at Christie for PokerStar’s delayed license application. Politicians are often accused by political opponents of putting the interests of powerful donors ahead of their duties to their citizens. New Jersey Governor Chris Christie is the latest to catch such criticism, with state senator Ray Lesniak blaming him for the […]
Toni November 8, 2014 16:36:41
As the date for a Judiciary Committee hearing comes closer, Sheldon Adelson grows restless in his pursuit to ban internet gambling in the US. Sheldon Adelson is the chairman and CEO of the popular gaming center Las Vegas Sands, who has racked up a fortune of $37 billion with his successful casino business. However the […]
Poker pro turned politician James Hinton loses in his election bid; a bill to legalize online poker in California on hold until 2015. Congressional hopeful James Hinton of Napa, California, an independent upstart and former professional online poker player, was handily defeated in Tuesday’s election. His opponent in the 5th District Mike Thompson took home […]
Monica E. October 28, 2014 18:03:34
Steve Wynn is suing James Chanos after the famed investor held a fiery speech on the activity of Chinese casinos. If you’re familiar with the world of business investments, you’ve probably heard of James Chanos. A household name on Wall Street and head of Kynikos Associates hedge fund in New York, the expert decided to […]
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