Revel Atlantic City Sold For Discounted $110 Million
Plans to re-open casino The $2.4 Billion Revel Casino in Atlantic City was sold to Brookfield Asset Management at auction for $110 million earlier this week. "It's an opportunity to acquire the newest and highest-quality asset in Atlantic City at an attractive basis," said Richard B. Clark, chief executive of Brookfield Property Partners, an affiliate of the buyer. "We'll be in discussion with all the parties and partners involved to formulate a feasible plan that ensures the long-term viability of
Sippl Takes Aria High Roller Tourney
Bests de Knijff in heads-up Topping a field of 33 entrants in the $50 000 Aria High Roller III, Silicon Valley serial entrepreneur Roger Sippl pocketed a cool $776 160 after besting Martin de Knijff in heads-up battle. Aria High Roller III final payouts finished up: 1. Roger Sippl $776,160 2. Martin De Knijff $404,250 3. Aaron Been $242,550 4. Brian Rast $129,360 5. Matthew Hyman $64,680 Online Casino News Courtesy of Infopowa More news here.
Uganda Implements New Gambling Guidelines
Gambling operators to pay security bonds to regulatory authority The Ugandan National Lotteries Board (NLB) has passed a decree that requires gambling firms to pay a security bond of USH 200 Million (US$75,616.00) to cover customer payments should those operators fail to meet their obligations. "Most of these sports betting firms are owned by foreigners," Manzi Tumubweinee, chairman of the NLB inimitably said. "After making money, they close and run away without paying their clients. We are calling on anyone
Uk Bookmakers Agree To Cut Advertising Before 9pm
Show commitment to newly formed voluntary responsible advertising programme The Senet Group comprising William Hill, Ladbrokes, Paddy Power and Coral are standing by their recently launched voluntary self-regulated responsible advertising collaboration by committing to a voluntary ban on free bets and free money advertising on television before 21h00. The commitment follows concerns voiced by the English Premier League (EPL) regarding the volume of such advertising and the effect the advertising may have on young people who watch live football on
Us Casino Industry Contributes $240 Billion To Economy
American Gaming Association release new Oxford Economics report As part of the American Gaming Association's (AGA) "Get to Know Gaming" campaign, results of a new study conducted by Oxford Economics were released examining the broader economic impact the gaming industry, as a whole, has on the US economy. The report covers the effect commercial casinos and manufacturers and Native American casinos have on the economy and the ripple effects this industry has moving down the supply chain. Key highlights found
Us Doj Wades Into New Jersey Sports Betting Saga (update)
Even partial repeal not legal says Department of Justice The United States Department of Justice (DoJ) is backing major sports leagues and the NCAA in its attempt to block sports betting in New Jersey effectively backtracking on its previous stance (see previous InfoPowa reports). In a brief filed late Tuesday, the DoJ said any repeal on the state law prohibition for casino and racetrack sports betting would still be illegal and against the Professional and Amateur Sports Protection Act (PASPA)
Usa Today Launch Android Bingo Cruise App
First venture into gaming sector for media company San Francisco-based B2B social gaming developer and provider OpenWager launched the Bingo Cruise android app for multi-platform news and information media company USA Today earlier this month. Bingo Cruise, a first time foray into the games market for USA Today, is a classic bingo game that transports players on a journey around the globe. New destinations are unlocked as players advance from one level to the next. At the end of each
William Hill Us Teams With Hard Rock Hotel And Casino
Luxurious sports betting facility at new hotel and casino William Hill US will operate the Hard Rock Hotel and Casino Lake Tahoe sportsbook allowing sports fans to watch and wager in the William Hill Sports Book venue situated in the new hotel and casino. "Teaming with a world-wide market leader like William Hill guarantees our Hard Rock Hotel & Casino guests have premium race and sports wagering at their fingertips, including mobile betting. When we open, sports fans can expect
Win Launch Social Sports Betting On Facebook
Offers betting on live and virtual soccer matches Social casino firm Win, backed by bwin.party, have launched its social sports betting game "Sportster - Bet and Win" on Facebook. Players place bets using virtual currency, purchased with real money, on both virtual and live soccer matches played in the Spanish Primera Division, English Premier League, Germany's Bundesliga and others. The game was launched in partnership with Serbian software firm Nordeus who developed the Top Eleven soccer game. "Nordeus fans requested
Yggdrasil Gaming Launch Pyrons
A high roller game featuring exploding symbols "Pyrons", the Greek world for Fire, is a new slot release from Yggdrasil Gaming featuring six regular symbols that win if three or more are lined up in sequence on a payline. Instead of normal spinning reels, the symbols drop down in a random fashion. Exploding symbols then make the winning symbols burst and disappear, before they are replaced in a new round with all winnings multiplied. As long as players keep winning,