Tag Archive | "Online gambling"

888 Holdings Submits a Formal Bid For Bwin.Party


888 Holdings Submits a Formal Bid For Bwin.PartyBwin.Party is the result of a 2011 merger between Bwin Interactive Entertainment and PartyGaming. The outcome was an online powerhouse offering sports betting, online poker, and a variety of online casino games.

In November 2014, Bwin.Party shared that they were in “preliminary discussions with a number of interested parties regarding a variety of potential business combinations.”

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Betfair Creates a New Senior Management Position


Betfair Creates a New Senior Management PositionIn a recent announcement, Betfair revealed that they have created a new Senior Management position, Chief Marketing Officer. The position will be occupied by Johnny Devitt. Devitt was formerly the Direct of Online Marketing at Betfair, but now finds himself in this Senior Management position.

The goal of the new position, SBC News reports, is to place both online marketing and online branding under the same branch of leadership. This position will be a new addition to the London office.

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Poll: Pennsylvania Wants to Put a Stop to Online Gambling Before it Starts?


Online Poll Pennsylvania Wants to Put a Stop to Online Gambling Before it StartsPennsylvania is a state with twelve brick-and-mortar casinos and a visible hole in their tax revenue. But it appears they do not want to use internet gambling to fill that hole. However, looks can be deceiving.

Las Vegas Sands Corp. CEO Sheldon Adelson funded a survey to determine whether Pennsylvania wanted online gambling. The survey though, essentially gave no other alternative than for the voter to vote no. The most influential question that made people choose no was concerning whether they wanted their children to have access to gambling via the Internet.

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Wynn Won’t Welcome Online Poker


Wynn Won’t Welcome Online PokerBillionaire casino mogul Steve Wynn continues to hold his ground on his stance with online poker. To be specific, Wynn is against online poker that uses real money. If someone wants to gamble by playing poker, Wynn would rather them to do it in a brick and mortar casino (preferably one with his name on it) instead of online.

A bill banning online gambling is being pushed through Congress. However, there are certain parts exempt from the bill. One example is person-to-person poker, which is already a big hit in Nevada. Because it is already in existence, it would be exempt. Lotteries would also be exempt because they are state-run.

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Gambling at New Jersey’s Borgata Online Casino Making Positive Strides


Gambling at New Jersey’s Borgata Online Casino Making Positive StridesOnline gambling results have been a disappointment thus far in New Jersey, but Borgata’s online casino is making some positive strides.

For the third straight quarter, their online casino is showing a profit—not just an increase in sales, but a true profit. During the first quarter of 2015, the profit in question was an impressive $1 million dollars.

Part of the reason they are seeing a profit, according to Online Casino Reports is because significantly less is being spent on marketing their new online addition, not nearly as much as was spent during their first year online. On top of that, startup costs and first-time expenditures are no longer negatively impacting profits.

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Indiana Gov. Pence Still Opposed To Online Gambling


Indiana Gov. Pence Still Opposed To Online GamblingIndiana Gov. Mike Pence has long opposed both live gambling and online gambling. It is for this reason that he has vetoed a recent bill. The proposed bill HEA 1270 would have allowed bettors to deposit funds via ADW, then place pari-mutuel wagers online or via the phone.

While Gov. Pence vetoed this bill, he did allow two other bills to pass. According to Blood Horse, one would allow the Pokagaon Band of the Potawatomi Indians riverboat casinos to move on land, as long as caps and guidelines regarding maintaining their current footprint — with reasonable growth — were established.

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Penn National Gaming To Embrace Social Gaming


Penn National Gaming To Embrace Social GamingIn a recent announcement, Penn National Gaming shared details of their new partnership with Scientific Games. This partnership will include launching the SG Universe product suite at four Penn properties. This move will mark Penn’s introduction into the world of social gaming via Scientific Game’s Play4Fun Network.

Since many social games are played on mobile devices, Penn will also utilize Scientific Games Mobile Concierge marketing suite.

The two new online products will be rolled out over the next few months, starting first at Penn’s Hollywood Casino at Charles Town Races. By the end of summer, it is expected that gaming will be available via iOS and android as well.

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888 Partnership in Pennsylvania Suggests Online Gambling Will Soon Be Regulated


888 Partnership In Pennsylvania Suggests Online Gambling Will Soon Be RegulatedIn a recent announcement, online gambling operator 888 confirmed that it has struck a deal with the live casino Mount Airy Casino Resort in the State of Pennsylvania.

While online gambling has not yet been legalized in Pennsylvania, this partnership suggests that things are heading in that direction — and very quickly.

888 is an online gambling operator and part of the All American Poker Network, which already provides online gambling in the states of New Jersey, Nevada, and Delaware.

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Boyd Gaming Optimistic About Company’s Trajectory


Boyd Gaming Optimistic About Company's TrajectoryOfficials at Boyd Gaming are optimistic about where the company is headed. And they’re not dwelling on less than red-hot revenue to cool their jets.

Boyd Gaming reported first-quarter 2015 net revenues of $550.6 million, an increase of 1.8% compared to pro forma net revenues of $541.1 million for the same quarter in 2014.

“In the first quarter,” reflects Keith Smith, president and chief executive of Boyd Gaming, “we delivered broad-based EBITDA growth and margin improvement, driven by higher revenues and more efficient operations.”
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Atlantic City Looks to Keep Brick and Mortar Casinos Alive by Adding Online Gambling Option


Atlantic City Looks to Keep Brick and Mortar Casinos Alive by Adding Online Gambling OptionWith a drastic decline in attendance and revenue at their brick and mortar casinos, Atlantic City had to do something to keep the remaining doors open. Currently, only eight physical casinos remain in Atlantic City.

So Resorts Casino Hotel is taking the lead on expanding to online gambling.

How does online gambling help a brick and mortar casino exactly? A patron would need to physically visit the Atlantic City casino in order to gamble. Once you’ve played in the actual casino, can then continue your gambling experience from your hotel room or the privacy of your own home.

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