All is not well on the island of Macau where casino gaming revenues have sunk to their lowest levels in nearly half a decade. According to statements from the island’s Secretary for Economy and Finance Lionel Leong Vai Tac, as reported by CalvinAyre.com, casino revenue for June could fall as low as $2 billion. While…
The days of gambling on massive casino floors on the Las Vegas Strip may be coming to an end, and that could be great news for gambling affiliates. So why is it that the age of the mega-casino is coming to a close? In a recent interview with the Las Vegas Review-Journal, MGM Resorts International…
A taste for mobile online slots paid off big for a UK man who recently cashed in a £1.6 million payout on PartyPoker's Loot'en Khamun game. The unnamed player, who hails from Totnes, Devon, won his massive prize after just one, £3 spin on the popular mobile slots game sometime last week. According to reports…
If you thought the rise of weekly fantasy sports league sites would soften the NFL's hysterical stance on gambling, you'd better guess again. Last week the League shut down a National Fantasy Football Convention that was set to take place in (gasp!) the Sands Expo, a convention center that's owned by a casino. Yes, you read…
Is Paddy Power snapping up shares of Ladbrokes ahead of a possible takeover attempt? That's the rumor that sent Ladbrokes stock soaring during this week's trading on UK markets. Speculation about the possible takeover picked up steam when someone recently picked up somewhere in the neighborhood of 25.5 million Ladbrokes shares, according to ThisisMoney.co.uk. While…
Last year wasn't the greatest year on record for UK bookmakers, but given the circumstances, things could have been a whole lot worse. According to a recent report on CalvinAyre.com, the UK's big three bookmakers (Ladbrokes, Paddy Power, and William Hill) are weathering a storm of new taxes and market tribulations pretty well. All three…
Late last week the Nevada State Legislature quietly made history when it legalized the use of skill-based slot machines in Silver State casinos. Though the machines themselves are years away from their debut on casino gambling floors, their influence will likely be felt long before a customer ever sits down at one. That's because the…
Bwin.Party released its Q1 2015 revenue numbers and the results anything but impressive. Overall, revenue at the struggling company was down by around 6% to €155.3 million ($173.48 million USD). That's up 6% from this time last year. On the poker side of the business, things were even worse. Poker revenue was down by nearly…
Former NBA Commissioner David Stearn is jumping on the daily fantasy sports bandwagon in a big way. Earlier this week, Stearn plunked down a $5 million investment in Alpha-Draft, an e-sports focused fantasy sports site. Alpha-Draft is one of a growing number of fantasy sports sites that focus exclusively on the massive competitive video gaming…
500.com, China's largest online lottery operator, is losing money; lost its CEO; and just saw the price of its stock rise by nearly 30%. This feat is even more impressive when you consider the fact that 500.com hasn't generated revenue of any kind since March, when its business operations were suspended. The company's story is…
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