William Hill, Gala Coral in Merger Talks

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UK-based gaming giants Ladbrokes and Gala Coral Group are discussing a possible merger, according to a report on RacingPost.com. The combined company would become the largest in the UK’s gambling industry. Ladbrokes CEO Jim Mullen confirmed the talks with the Racing Post, saying: Since becoming CEO my focus has been on a more aggressive plan… Read more »

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Bwin.party Fielding Multiple Sale Offers

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Online gaming firm bwin.party may have had a rough few years financially, but that certainly is not stopping its rivals from lining up to ask for its hand. This week, bwin.party has acknowledged not one, but two takeover bids that would consolidate the top of the online poker market. On Monday, the company announced that… Read more »

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NYPD Sergeant Convicted in Illegal Gambling Probe

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This guy HAD to know he was going to get nabbed someday, right? On Thursday, retired New York Police Department sergeant Ralph Mastrantonio was convicted of operating an illegal gambling house on Staten Island. The venue, dubbed “5th Street,” was located in a gym on Arthur Kill Road. According to the New York Daily News… Read more »

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Amaya Gaming Looks to Enter Daily Fantasy Sports Space

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Amaya Gaming’s push to become the dominant force in online gaming keeps rolling, as the owner of PokerStars and Full Tilt Poker announced yesterday that it now intends to enter the Daily Fantasy Sports (DFS) space this year. In this week’s earnings call, Amaya Gaming CEO David Baazov briefly explained that the company is looking… Read more »

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Las Vegas Casino Owner Rooting Hard for Michigan State

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The NCAA men’s basketball tournament is about to reach its end, and while I was extremely disappointed that my highly-ranked Virginia Cavaliers bowed out early, it has still been fun rooting against all the teams I hate (and I have come to realize I loathe a good number of teams – yay sports!). With March… Read more »

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Caesars, PokerStars to Join Forces Against Sheldon Adelson

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It’s about damn time. After years of fighting against PokerStars’ inclusion in the regulated United States online poker market, Caesars Entertainment finally relented last week and said it will no longer support “bad actor” clauses in internet gaming legislation. This week, the company took things a step further, announcing that it will be teaming up… Read more »

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William Hill in Talks to Buy 888

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Shares of online gaming firm 888 Holdings PLC soared Tuesday after the company confirmed that it has been approached by fellow gambling company, William Hill PLC, with a possible purchase offer. 888’s stock price closed at 171.50p after opening at 143p, a jump of 20 percent. 888 issued the following press release in response to… Read more »

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Sports Bettors Letting it Ride on Kentucky Basketball

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It is a little slow on the poker news front this week, so let’s expand outward into other forms of gambling, namely sports betting. I’m not a bettor myself – I really only participate in play money contests and I’m usually terrible even at those – but I do find sports betting interesting. Yesterday, ESPN.com… Read more »

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Trump Taj Mahal Closing on Hold

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Atlantic City’s Trump Taj Mahal casino is still open…for now. Scheduled to close this past Saturday, December 20th, it remains alive for the time being thanks to a $20 million injection from billionaire investor Carl Icahn. Trump Entertainment’s lawyers said this week that the money might allow the Boardwalk fixture to stay viable for all… Read more »

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Atlantic City’s Trump Taj Mahal to Close in December

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It’s official: Atlantic City will be losing its fifth casino of 2014. First reported by the USA Today, Trump Entertainment Resorts has filed a revised reorganization plan in bankruptcy court, indicating that its Board of Directors has approved the closure of the Trump Taj Mahal casino on December 12th. It has been known for a… Read more »

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Revel Auction Delayed Until Next Week

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The Revel Casino Hotel in Atlantic City was set to be auctioned off on Wednesday, but despite all relevant parties being in attendance, nothing happened. The auction will resume – or start – next Tuesday, September 30th. Closed September 2nd, the Revel received a bid of $90 million on September 10th from real estate developer… Read more »

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Atlantic City’s Trump Plaza Closes

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We have all known this day was coming for quite some time, but is sad nonetheless. At 6:00am this morning, Atlantic City’s Trump Plaza casino closed its doors. The Trump Plaza is the fourth Atlantic City casino to shut down this year. The first was the Atlantic Club casino at the south end of the… Read more »

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