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Featured Articles Archive - Page 127
Articles by Howard Stutz
![]() DraftKings, FanDuel block Nevada players' access to sites19 October 2015 Nevada daily fantasy sports players found their access to the largest providers shut down Friday, less than 24 hours after the Nevada Gaming Control Board told the operators their businesses violate state gaming law.DraftKings and FanDuel, the two largest daily fantasy sports websites, said they would abide by the ban imposed Thursday.However, the sites that control 90% of the daily fantasy sports market disagree with the board's finding that their activities constitute sports wagering...read moreCasino Openings & Expansions: Choctaw Casino Resort targets wide demographic with new luxury amenities16 October 2015 The strategy for casino marketing professionals has changed dramatically over the last 10 years. It no longer emphasizes simply trying to attract gamblers to gamble, but is more about providing unique nongaming amenities that provide an all-encompassing guest experience.For proof, look no further than the Choctaw Casino Resort in Durant, Oklahoma, less than two hours from Dallas...read moreArticles by Howard Stutz
![]() Penn National, D Las Vegas, join Nevada Resort Association16 October 2015 Penn National Gaming, which owns the Tropicana Las Vegas and M Resort, and The D Las Vegas have joined the Nevada Resort Association, the trade group announced Thursday.Bob Sheldon, president of the Tropicana and M Resort, and D Las Vegas CEO Derek Stevens will join the Resort Association board."Th...read moreArticles by Howard Stutz
![]() Wynn levels criticism at Macau for table game allocation16 October 2015 The love affair between Steve Wynn and Macau is on the rocks.The chairman and CEO of Wynn Resorts Ltd., expressed frustration Thursday that he does not yet know how many table games the Macau government will allocate the $4 billion Wynn Palace, which is expected open on March 25...read moreArticles by Howard Stutz
![]() Nevada gaming regulators demand daily fantasy sports sites apply for license16 October 2015 Nevada gaming regulators banned unlicensed daily fantasy sports websites from providing their product to Silver State customers, saying the activity constitutes sports wagering.In an order filed by the Gaming Control Board Thursday, the agency said daily fantasy sports websites, such as DraftKings and FanDuel, can apply for a Nevada gaming license to operate a sports pool...read moreDan's DFS picks for NFL Week 615 October 2015 I'm having a so-so NFL season thus far playing daily fantasy sports games, and that's just fine with me.After my big $40 win in the Week 3 Millionaire Maker, I put up a goose egg in Week 4. But I made a profit on DraftKings last week, no thanks to my utterly "meh" lineup in the weekly $20 lottery...read moreRecord-breaking Mega Moolah jackpot win by the numbers15 October 2015 On Oct. 6, a British soldier named Jon Heywood won the largest jackpot in online gambling history — a whopping £13,213,838.68 at Betway Casino.Here's a breakdown of Jon's record jackpot, by the numbers.52,855,353%With a bet of just 25p, the return on investment on this wager is through the roof.$20.5 millionJackpot size converted to U.S...read moreArticles by Howard Stutz
![]() Amaya exec calls for more regulation of daily fantasy sports15 October 2015 The owner of online gaming giant PokerStars.com said daily fantasy sports needs to be regulated after questions surfaced in recent weeks over the activity's legality and incidents surrounding the industry's two largest operators.Montreal-based Amaya Inc., which operates the fantasy sports site StarsDraft, said the self-regulatory practices the industry has under-taken "have fallen short."In a statement, Amaya Vice President of Corporate Communications Eric Hollreiser said daily fantasy sports needs "stricter state regulation consistent with existing state consumer protections for other gaming activities."The comments came after FanDuel and DraftKings, which control 90% of the daily fantasy sports market, undertook steps to repair public damage when it was learned a DraftKings employee won $350,000 in a FanDuel contest reportedly by using inside information...read moreAppeals court agrees to reconsider case to legalize sports betting in New Jersey14 October 2015 A federal appeals court threw proponents of legalized sports betting a lifeline on Wednesday when the 3rd U.S. Circuit Court of Appeals in Philadelphia voted to vacate an August ruling that went against New Jersey's efforts to allow wagering on college and professional sports in casinos and at racetracks.Today's development probably won't clear the path for heading to the counter and placing wagers on your favorite NFL teams this season, but noted sports and gaming attorney Daniel Wallach told Casino City today that it's a "distinct possibility" that day will come by the end of 2016."This isn't about legalizing sports betting in New Jersey or nationally in time for this year's Super Bowl; it's about the long term," said Wallach, an attorney with Becker & Poliakoff in Fort Lauderdale, Florida...read moreArticles by Howard Stutz
![]() New Jersey approval of PokerStars could boost online wagering prospects14 October 2015 Amaya Inc.'s $4.9 billion wager is about to pay off.New Jersey gaming regulators, after an intensive licensing investigation that lasted more than year, gave PokerStars.com approval to offer Internet gambling in the state on Sept. 30.PokerStars is viewed as the elixir that could revive the stagnant U.S...read more |
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