Bobby Baldwin, a former CEO of MGM Resorts, has been hired by the Witkoff Group to serve in a similar role for the upcoming Drew Las Vegas, a lavish hotel and casino that will, if things go as planned, open in 2022. The Drew, as it is affectionately known, is the new name of the property once named the Fontainbleau. However, the Fontainbleau, which was partially built over a decade ago, was never completed. The company that originally constructed the building filed for bankruptcy in 2009. Due to a lack of proper financial planning, the construction stopped that same year. Fontainbleau has sinc ..read more

Google is making changes to its terms of service that will make it easier for online gambling companies to market to consumers. The search engine giant previously banned internet gambling companies from advertising in the US. But that’s all about to change, and it could help lead towards an increase in gambling revenue. What’s the Big Deal? Search engine marketing is big business. Many companies, not just in the gambling niche, buy Google ads to market their products and services. Google receives billions of searches everyday. When you search for, say, “used cars,” you’ll notice sponsored and ..read more

A poker player and commentator from Stones Gambling Hall in Northern California accused one of her fellow players of cheating during numerous live-streams on the poker show, “Stones Live.” And now the poker community has come together to bash the accused cheater. Veronica Brill – aka “Angry Polak” – was a commentator and regular poker player on the “Stones Live” streams which features mostly low-stakes poker games. She publicly accused fellow player, Mike Postle, of cheating and has since been applauded by the poker community. What is the Basis for the Cheating Allegations? Mike Postle is a Sa ..read more

PokerStars has a new owner, as we reported last week. The Stars Group, owner of the world’s largest online poker site and other major internet casino brands, was sold to Flutter Entertainment for a nice cool $12 billion. No, that isn’t a typo. The massive sale now creates the largest online poker brand in the world. Flutter Entertainment is a combination of Paddy Power and BetFair, two of the top global online sportsbooks. Flutter also owns a controlling stake in FanDuel, one of the top daily fantasy sports sites in the US. The lucrative deal will be finalized during Q2 of 2020. Bigger Deal Th ..read more

The Stars Group, parent company of the top online poker site in the world – PokerStars – has been sold to Flutter Entertainment, the company which owns the popular FanDuel daily fantasy sports website. This deal makes Flutter the world’s largest online gambling company. The Stars Group is one of the top brands in the industry and brings a portfolio of major sports betting, casino, and poker sites to its buyer. This is one of the largest acquisitions in internet gambling history. And it could have a major impact on the industry’s future. What’s in the Deal? The Stars Group has agreed to sell of ..read more

Sheldon Adelson doesn’t run the day-to-day operations of the Venetian Poker Room in Las Vegas. But since he is the CEO and founder of Sands Corporation, the company that owns the Strip casino, and because of his anti-online gambling crusade, he’s taking some heat from the gambling world over a controversial poker tournament. Adelson, a staunch conservative political lobbyist, has fought long and hard to prevent Americans from being able to gamble legally online. He’s partially responsible for the limited online poker activity in the United States. The casino mogul uses his wealth as a power to ..read more

Months after rumors led many to believe the Rio All-Suites Hotel and Casino in Las Vegas would be sold, the property now has a new owner. Caesars Entertainment, one of the largest gambling operators in the world, has sold the iconic Vegas casino for $516.3 million. Caesars announced the finalization of the deal in a press release on Monday. The buyer, a company which owns New York real estate business Imperial Companies, will continue leasing the property to Caesars for a minimum of two years. What that means is the current Rio employees will continue to work like nothing has changed. They wil ..read more

Sports bettors all across America are finding it much easier to place a wager, at least a legal one, these days. That is all thanks to a May 2018 ruling by the US Supreme Court to overturn a federal ban on sports betting outside of Nevada. The Supreme Court’s decision paved the way for individual states to determine the legality of sports betting. And while most states still have yet to pass legislation, many jurisdictions are opening up legal sportsbooks. Sports betting is big business in the United States. Experts anticipate the industry will far exceed its current $10 billion mark in the co ..read more

Numbers don’t lie. August data indicates New Jersey’s online gambling market is not only thriving but continues to rise. And it appears there’s no stopping the industry from success in sight. The month of August was a rousing success for the Garden State from an internet gambling operator’s perspective – and for the politicians who supported legislation in 2013. Online Gambling Sets Records in August New Jersey’s online gambling market finished off the summer with a bang. The state raked in a state record $60.3 million in total internet casino revenue, which includes poker, table games, slots ..read more

The National Collegiate Athletic Association (NCAA), the college sports governing body, wants the federal government to step in and regulate sports betting, ESPN reports. Sports gambling became legal at the federal level in 2018 thanks to a US Supreme Court’s decision to overturn the nationwide ban outside Nevada. That didn’t automatically make sports betting legal in each state. Instead, the Supreme Court ruled that individual states now have the right to institute their own laws on this issue. And the NCAA now takes issue with that. Current State of Sports Betting in America Prior to May 201 ..read more