Author: OnlineGamblingDaily

M GM Resorts International has closed the purchase of Infinity World Development Corp’s 50% interest in CityCenter Holdings for $2.12 billion, announced the company on Tuesday, giving the gaming giant full ownership of the Aria and Vdara resorts. CityCenter was a 67-acre, $8.5 billion project with a cluster of skyscrapers that faced problems as the economy crashed more than 10 years ago. In connection with the closing of the transaction, MGM has now “fully retired” CityCenter’s debt. As of June 30, 2021, CityCenter had cash and cash equivalents of $307 million and total debt of $1.73 billion. Now MGM has…

Exclusive interview with Evolution’s Commercial Director of North America, Jeff Millar W hat will be the main products that Evolution will present and focus on this year in Las Vegas? There’s a broad spectrum of products we’re going to be focusing on this year, including our big push for Red Tiger games, new Live Casino games such as Craps and Lightning Roulette, as well as exciting NetEnt titles. There’s a real thrill this year, and we’ll be discussing the innovative ways we can work with our customers to make their player experience truly unique. We’re excited to offer operators the…

W hat products is BetConstruct planning to showcase at G2E Las Vegas? Will the company participate in educative and networking activities within the expo? BetConstruct is a global leader in online casino and sportsbook gaming as such we will feature our core innovative products in addition to which we will showcase our social sportsbook, which allows operators the ability to harvest data as well as educate players regarding online sports betting in emerging markets. What does this post-pandemic return to Las Vegas mean to the company? What are the expectations behind the G2E, it being the first face-to-face encounter?   We…

F anDuel has obtained market access to operate sports betting in the state of Washington via a partnership with Port Madison Enterprises, the business arm of the Suquamish Tribe, announced the company on Tuesday. As a result of the deal, a retail sportsbook is set to open this fall at Suquamish Clearwater Casino Resort, according to a press release. The brand new FanDuel Sportsbook at Suquamish Clearwater Casino Resort will feature three live betting windows and twelve self-service betting terminal kiosks. Moreover, the venue will count with 17 screens to feature all of the game-day action, including a 32’ x…

A s reported by PlayColorado, the state’s sportsbooks leveraged on baseball, early-season college football and NFL futures betting to fuel the first month-over-month gain in betting volume since May.  The boost to nearly $212 million in wagering in August made Colorado the sixth state to haul in more than $3 billion in lifetime bets.  The state’s online and retail sportsbooks accepted $211.9 million in wagers in August, $208.3 million of which came through online operators, according to data released Monday by the Colorado Division of Gaming.  Gross gaming revenue hit $15.2 million last month, up 102.5% from $7.5 million in…

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P ragmatic Play announced Tuesday a new alliance with Asian game distributor QTech Games. Under the terms of this deal, Pragmatic Play’s content, including slots and live casino verticals, will become available to QTech Games’ clients and their players.  The agreement also expands Pragmatic Play’s global footprint, opening up an array of both established and emerging markets for accelerated growth, as QTech’s platform “boasts the broadest gaming protfolio around, localized for each region, with native mobile apps, powerful reporting and marketing tools”, QTech stated in an official press release.  Pragmatic Play’s content now available for QTech includes titles such as…

L eisure & Resorts World Corporation (LRWC) is now venturing into sports betting after wholly-owned subsidiary Total Gamezone Xtreme Inc.(TGXI) has received the Philippine Amusement and Gaming Corporation (PAGCOR) accreditation. In a disclosure to the Philippine Stock Exchange, LRWC said TGXI has announced its own sports betting system called GSPORTS, after being accredited as an official Sports Betting System Service Provider. The company stated: “TGXI offers a new gaming experience to all sports enthusiasts and sports betting avid fans aged 21 and above. GSPORTS is a top-rated sportsbook where players can place wagers on a variety of betting markets across…

T he Redding Rancheria’s proposed Win-River Resort & Casino move is back on the table, as the Federal Government has restarted the environmental impact report process on the venue migration. The tribe has plans to move its Win-River Resort & Casino, an almost 70,000-square feet venue on approximately 232 acres next to I-5, just south of S. Bonnyview Rd., to a tribe-owned property next to Interstate 5 and Churn Creek Road, California. “We’re excited!,” said Redding Rancheria CEO Tracy Edwards, reports KRCR. “Today, the federal government published in their ranks that we’re restarting our process for moving the tribe’s property…

 September 27, 2021 MGM Resorts has announced an agreement with the Blackstone Group which will allow them to acquire operation of The Cosmopolitan at City Center on the Las Vegas Strip. The deal includes a cash consideration of over $1.6 billion. What’s unique about this agreement is that it separates the physical property from the operations of the resort. Blackstone has said Monday it will sell the property itself for $5.65 billion, but MGM now has a 30-year lease agreement. The Cosmo originally opened in December of 2010, but was purchased by Blackstone in 2014. MGM Resorts CEO Bill Hornbuckle…

G olden Entertainment issued a notice of data incident last Friday, letting individuals know of an occurrence which “may affect the privacy” of some personal information. According to the company, Golden discovered in late January that certain portions of its network were infected with malware, which prompted it to take steps to secure the network. Forensic specialists conducted an investigation, which confirmed an unauthorized actor gained access to a portion of the network and encrypted files around January 24, 2021. It was also determined that said actor acquired certain documents before the encryption occurred and, given that network locations were…

T he Sports Betting Hall of Fame will see five new members inducted in a special ceremony at the MetLife Stadium on December 1, 2021, during the SBC Summit North America conference and trade show. SBC has now announced the luminaries who make up the Class of 2021: Yolanda Acuña – Former Director of Administration at MGM Resorts Joe Asher – Former CEO of William Hill US Johnny Avello – Director of Race & Sportsbook Operations at DraftKings Joe Brennan Jr – Former Chair of IMEGA Jimmy Vaccaro – Las Vegas Bookmaker and Sports Marketing Director of South Point Hotel…

A rizona Cardinals owner Michael Bidwill is set to headline the Global Gaming Expo (G2E) final keynote. As the first NFL executive to deliver a keynote at the conference, Bidwill will discuss the convergence of legal sports betting and professional sports. As the expo, presented by the American Gaming Association (AGA) and organized by RX (Reed Exhibitions), prepares itself for its return to Las Vegas from Oct. 4-7, final details and features are being presented. Cards on the Table: A Conversation with Arizona Cardinals’ Michael Bidwill will take place on Wednesday, Oct. 6 at 1 PM, announced G2E. “The expansion…

G aming Innovation Group is attending iGB Live in Amsterdam this week. What does this return to in-person events mean for the company and what do you expect from the event? It’s a welcome return to in-person events. Throughout the pandemic virtual conferences have been a necessity, however, nothing compares to meeting clients and future clients in person. Expressing personality is much easier in person; reflecting company values and conduct is important in this industry and that is achieved by face-to-face meetings much more so. What products and services will the company showcase there? GiG offers an end-to-end turnkey solution,…

Video interview with Boris Hallerbach, IGT’s Director of Premium Product Management A s G2E finalizes arrangements for its upcoming edition taking place next month, October 4-7, exhibitors too prepare themselves for a return to the prestigious Las Vegas industry meeting. Returning as an in-person event since the pandemic forced the Global Gaming Expo to go virtual-only from March 2020 onwards, G2E 2021 promises to present the latest in gaming development. Among the exhibitors guests will find at the Venetian Expo is IGT. The international supplier of retail and digital solutions for gaming, sports betting and lotteries will bring its latest…

T he San Manuel Band of Mission Indians is rebranding the San Manuel Casino, in Southern California, to Yaamava’ Resort & Casino at San Manuel, announced the tribe and the San Manuel Entertainment Authority (SMEA) on Friday. The change comes as the casino faces a major expansion project with hotel and resort, set to open in December 2021. On a press release, the tribe described the rebranding and expansion as “a milestone moment introducing a new era in Southern California gaming and hospitality.” SMEA is set to continue to serve as the owner and operator of the gambling facility and…