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Dan Gilbert Looking To Cash Out Of Casinos: Report

Rust Belt billionaire Dan Gilbert is looking to make an exit from the casino gambling industry, per a report from Crain’s Detroit Business. Gilbert, who also owns the NBA ’s Cleveland Cavaliers, has Las Vegas-style casinos in Detroit, Cleveland and Cincinnati. Gilbert was once a partner with Caesars Entertainment Corp. for the Ohio casinos, but he ended up taking full control of the casinos several years ago and re-branded them as “ JACK Casinos.” Caesars reportedly could be interested in acquiring the casinos it once had a stake in. Gilbert also owns the Greektown Casino-Hotel in Detroit. He also has racetrack interests. His exit would come at a time when his Las...

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New Online Casinos USA In 2016 - Newest U.S. Casinos

The newest USA casinos online in 2016 Updated In January, 2019 - There are several new online casinos for players from the USA in 2016. Well, there are more than a new US casinos online but I'm not going to waste your time telling you about carbon-copy casinos. Why bother playing at a new online casino USA when it is exactly the same as the other casinos on the network in most aspects? Usually the newest USA casinos on a network have inferior bonuses and promotions compared to the flagship casinos on the network. There is one brand new USA online casino in 2016 that I want to tell you about: Slots.lv. is very popular in the United States of America but players from around the world can play...

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American casinos in Macau are safe from Chinese trade war wrath, analyst says

If the U.S.- China trade war takes a particularly nasty turn, a possible target for Beijing could be the multiple American-operated casinos in the tiny gambling enclave of Macau. Such a move, however, is highly unlikely, according to one analyst who follows the Asian gaming sector. The reason, according to Jonathan Galligan, head of Asia Gaming and Conglomerates at CLSA: the U.S. casinos have played an important role in helping China achieve its economic development goals for the former Portuguese colony. Macau was ruled by Portugal for more than four centuries before being returned to China in 1999. Like nearby Hong Kong, which was a British colony for a century and a half but returned in...

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US-China trade war unlikely to affect Macau casinos -

American-owned casinos in Macau will not be adversely affected by the ongoing trade spat between the U.S. and China, according to an analyst. CNBC reported CLSA Gaming and Conglomerates head Jonathan Galligan saying, “I think, ultimately, the Chinese will take a very rational view on Macau… Negatively putting pressure on certain operators is not how you’re going to achieve that ultimate goal.” Galligan, speaking at a forum in Hong Kong, pointed out how the U.S. companies have aided in transforming Macau’s economy after it became a special administrative region of China following 400 years of Portuguese rule. In 2001, the Macau government ended billionaire Stanley Ho ’s casino...

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US Online Casinos Guide - Top Casinos Online for 2019

Online casinos are completely legal in certain states in the US but not all offer the same experience. Some tout a thousand different games while others provide a wide range of payments. Thankfully, using Gambling.com's expert reviews Americans can experience all the internet has to offer in terms of real-money casino games! Recommended Casino Sites Popular Casino Software Guide to Playing Real Money Online Casinos in the US Thanks to massive shifts in public opinions surrounding casino gaming in general as well as a wave of state level legislation legalizing online casinos, players around the US have been able to discover the joys of safe online casinos from the comfort of their own home...

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US casino s app allows real-money gambling from anywhere, but with a catch -

A casino in Auburn, Washington, has taken an innovative approach to increase its customer base and bring the action to the client. The Muckleshoot Casino, in conjunction with Playport Gaming Systems, is launching a new app that allows gamblers to purchase games and place bets with real money from anywhere. While it sounds like it would be an enticing and viable solution to virtually anyone, there is one catch that might make things a little complicated—to play or collect winnings, the gambler must conduct the transactions while physically at the casino. The casino will offer real-money games such as Bingo and others that aren’t played against the house. There are already a number of similar...

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Eldorado Resorts Partners with William Hill US to Bring Sports Wagering to Company s National Casino Portfolio, Business Wire

RENO, Nev.--( BUSINESS WIRE )--Eldorado Resorts, Inc. (NASDAQ: ERI) (“Eldorado” or the “Company”) and William Hill PLC (LON: WMH) announced today that the companies have entered into a definitive agreement pursuant to which William Hill US will become Eldorado’s exclusive sports betting operator for a period of 25 years at its properties in jurisdictions where sports betting is legal. Eldorado will also work with William Hill US to leverage its licenses to operate mobile and online sports wagering operations in the United States. At the closing of the transactions contemplated by the agreement, Eldorado will receive a 20% equity stake in William Hill US as well as ordinary shares of William...

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Casino Industry Says NFL Could Rake In $2.3B Per Year From Sports Betting

On Wednesday, the President of the United States said on Twitter that he finds it “hard to watch” the National Football League. Also on Wednesday, the U.S. casino industry explained how sports betting could increase NFL viewership, assuming the White House doesn’t end up undermining the sport completely in the years ahead. According to the American Gaming Association on Capitol Hill, the NFL ’s annual revenue may increase by $2.3 billion under “widely available, legal, regulated sports betting.” The findings came from a Nielsen Sports study commissioned by the AGA. The increased revenue would come from spending from sports books/casinos on advertising,...

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Alabama casino theft: Men arrested after $192K Wind Creek Montgomery heist

Men arrested after allegedly stealing $192,800 from Alabama casino MONTGOMERY, Ala. — Federal prosecutors have arrested two men, including a former employee, for allegedly stealing $192,800 from an Alabama casino last week after an employee left keys on top of a gaming kiosk. The former Wind Creek Montgomery casino employee Jory D'Michael Travunn Dumas and Timothy Dean Pettiway were arrested Tuesday and are both charged with theft from a gaming establishment on Indian lands for the Aug. 10 heist, according to federal court documents. The cash was stolen from two kiosks, or cash machines, after a casino employee checked out the keys and left them atop a kiosk. UPDATE: Former casino...

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William Hill announces big US expansion with Eldorado casinos partnership, The Independent

William Hill has entered a partnership with US casino firm Eldorado Resorts, giving the British bookmaker access to 23 million customers as it seeks to capitalise on the newly liberalised American sports betting market. Eldorado currently operates 21 casinos across 11 US states and is set to expand that to 26 sites in 13 states by the end of the year with the planned acquisition of Tropicana Entertainment. William Hill said it would roll out its sports betting operation “within weeks” at five casinos, including the Tropicana in Atlantic City. The partnership will launch further sportsbooks in other locations, as well as other digital betting services, over the following months. The two...

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