With the much anticipated Mayweather-Pacquiao fight happening in the background, the final three players agreed on a chop. Enrici Christophe took home $37,950, the trophy, the title of CPPT champion and 264 Card Player Player ...
The Weekly Gaming Business Wrap Up
Stay Informed About The Gaming World
Here’s a look at the headlines for this week in the gaming business world.
Bill Lerner, an analyst from the Union Gaming Group, says that a proposed tax hike on Nevada’s highest grossing casinos is not economically sustainable, and would result in a job loss of 7,500 or more. Those casinos that make more than $250,000 a month in gambling revenue would see a jump in taxes from 6.75 percent to 9 percent.
The New Jersey Casino Control Commission has approved a permanent license for the Golden Nugget casino, formerly known as the Trump Marina. Landry’s Restaurants bought the casino in May for $38 million, or about 1 tenth of what Trump Entertainment purchased it for two years earlier.
Andrew Wilkie, a 41-year-old headteacher of a primary school in Buckley, admitted to stealing more than £53,000 of school funds after forming an addiction to online poker. Wilkie also re-mortgaged his family home and maxed out his credit cards. He will be sentenced in mid-March.
MGM Resorts International and Ameristar Casinos have agreed to form a marketing alliance in order to draw more visitors to their casinos across the U.S. and Las Vegas. The partnership concerns the use of their rewards and loyalty programs, which allows customers to receive deals and special offers from both companies.
San Francisco-based Zynga (ZNGA) went public in mid-December and stock struggled out of the gate before surging to a record high of $14.55 on Tuesday. On Wednesday, the company revealed a four-quarter loss, despite an increase in revenue of 59 percent, which resulted in a fall of 15.3 percent to $12.16.
Billionaire casino mogul Sheldon Adelson has already given Newt Gingrich and his campaign $11 million, but the Las Vegas Sands CEO has pledged an additional $10 million in an effort to support the super PAC “Winning our Future,” which is largely credited with helping the former house speaker win the South Carolina primary.
|1||Nevada Charges Bryan Micon Over Bitcoin Poker Site|
|2||Daniel Negreanu Partners With Poker Central Network|
|3||Rand Paul Gets Poker 'Lessons' From Bilzerian|
|4||Online Poker: Viktor Blom Takes In $1 Million|
|5||Asher Connif Wins 2015 WPT Championship|
|6||Watch The WPT Championship Live Stream|
|7||Smaller Online Poker Player Pools Show Market Slowdown|
|8||Poker Hand of the Week: What's Your Play?|
|9||California I-Poker Bill Advances Out Of Committee|
|10||Crazy Gambling Stories From April|
|1||Jeopardy Fans Irked By Alex Jacob's Playing Style|
|2||Watch What Happens After This Player Slowrolls|
|3||Poker Player's Unorthodox Strategy Crushes Jeopardy|
|4||Poker Legend Dave 'DevilFish' Ulliott Passes Away|
|5||Alex Jacob Challenged On Fourth Jeopardy Appearance|
|6||Oregon Woman Wins Three Straight Poker Tournaments|
|7||Woman Found Guilty In Poker Player's Murder|
|8||Online Poker: Jean-Robert Bellande Wins $121K|
|9||Alex Jacob Ups Jeopardy Win Streak To Five|
|10||Alex Jacob Falls Short On Latest Jeopardy|