On November 16, 2017 Caesars confirmed that they will be paying $1.7 Billion in cash for Centaur Indiana Casinos. With a Racetrack, 2,000 slot machines and a combined gross revenue of $480m, Caesars is looking to not only enlarge its presence in Indiana but add to their bottom line. With the two Riverboat Casinos that Caesars already owns in Indiana and the acquisition of the Centaur Casinos, Caesars will control half of the Indiana casino market
The United Kingdom Gambling Commission (UKGC) is pushing for “fairer and safer gambling” and is putting pressure on gambling operators to make gambling safe and fair for the players or face hefty fines and the force of the UK Government. Much of the regulation has to do with problems caused from problem gambling and the settling of disputes between the casino operators and players.
The Rio Hotel and Casino in Las Vegas has reported 7 cases of Legionnaires Disease which has been confirmed by the Southern Nevada Health District. For those of you not old enough to remember, Legionnaires Disease was first recognized in a Philadelphia, Pennsylvania hotel back in 1976. In that outbreak 29 people died out of 182 who contracted the disease at the American Legion Convention.
The highly popular online casino Royal Panda will be official purchased by the LeoVegas Group for approximately 120 million euros. The official purchase/transfer date should occur on December 1, 2017. This acquisition will help LeoVegas expand their gambling ventures into the online and mobile industry.
For the first time in 60 years, Italy did not qualify for the 2018 World Cup. If yo had your money on Italy to win, you might want to try and cover your loss by betting on Sweden. A tough break for the country, but I’m sure they’ll get over it in due time.
The “Juice” has been banned from The Cosmopolitan Hotel-Casino in Las Vegas. Is O.J. up to his old tricks or just looking for a way to relax and enjoy his freedom? He can always play online slots if he wants!
Steve Wynn say, “Being in a room for three days in a “do not disturb” situation? That would’ve triggered an alarm here,” he said. “We’d want to know more about anybody who was sequestered in a room for more than 12 hours.” Many hotel casinos are going to review their policies. Do not be surprised if hotels in heavily populated urban areas start implementing new policies and procedures for these situations. So much for sleeping off that hangover in your hotel room for 2 days
Connecticut’s two tribes Mashantucket Pequot and Mohegan plan to start work on their new casino venture by the end of the year
The clampdown continues as the Philippine authorities arrest 81 Chinese citizens for online gambling