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Online Gambling Revenue and New Owners Boost Atlantic City's Fortunes

Booming online gambling revenue and some new faces are leaving Atlantic City casinos feeling unusually optimistic about their futures. Is this the beginning of an AC Renaissance? ... Read more
 

DraftKings Secures $100 Million in Latest Funding Round

DraftKings secured an additional $100 million in investor funding this week. But is that enough to right their troubled ship? ... Read more
 

Paddy Power Betfair Reports Solid 2016 Revenue

Paddy Power Betfair is reporting solid revenue gains for 2016. The costs of merging the two companies, however, took a bite out of the bottom line. ... Read more
 

Baazov Sells $99 Million Worth of Amaya Gaming Stock

Former Amaya Gaming CEO David Baazov divested himself of $99 million worth of his old company's stock this week. That should leave him with plenty of cash in his legal defense fund. ... Read more
 

Indian Commission Takes Deep Look at Regulated Gambling

A panel of top Indian lawmakers is taking a deep look at the issues surrounding bringing regulated gambling India's massive population. The opening of the Indian market would be a huge boon for worldwide gambling. ... Read more
 

Is Sheldon Aldelson Changing His Tune on Legalized Sports Betting?

Sheldon Adleson may be softening his stance on regulated American sports betting? A recent editorial in the Las Vegas Review-Journal suggests so. ... Read more
 

Pennsylvania Online Gambling Could Bring in $400 Million Over Six Years

Online gambling could bring in a whopping $400 million in tax revenue over six years, according to a recent research report. Is this claim on the money or wishful thinking? ... Read more
 

Hard Rock Set to Purchase Troubled Trump Taj Mahal Casino

The Hard Rock International is reportedly ready to purchase the troubled Trump Taj Mahal Casino in Atlantic City from billionaire Carl Icahn. Is this the beginning of an Atlantic City renaissance? ... Read more
 

Trial Date Set for Former PokerStars CEO

A Quebec judge has set a November 20 trial date for former PokerStars CEO David Baazov. Baazov has been charged with multiple counts stemming from an alleged insider trading scheme. ... Read more
 

Idaho Senate Committee Kills Anti-Indian Casino Law

Idaho lawmakers have rejected a bill that would have removed slot machines from Indian casinos in the state. The bill appeared to be an attempt to reward Idaho race track owners. ... Read more
 
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