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WSOP extends ‘exclusive provider’ partnership with 888poker

WSOP - Copyright: fjjimenez / 123RF Stock Photo

The World Series of Poker (WSOP) has extended its contract with 888poker, which will see the online brand become the exclusive provider of online qualifier satellites and promotions for the poker series. WSOP works with 888poker to provide players with entry opportunities to its tournaments, and made the announcement alongside confirmation of its 2017 schedule. Ty Stewart, WSOP Executive Director, is ... Read More »

Caesars Entertainment appoints Ruben Sigala as CMO

Copyright: klotz / 123RF Stock Photo

Caesars Entertainment, an American casino operator based in Nevada, has appointed Ruben Sigala as its Chief Marketing Officer (CMO) following a successful interim period. Sigala, who has been with the company since September 2005, has served as CMO since May 2016. He has been appointed with immediate effect subject to regulatory approval. In 2005, he was hired as vice-president of ... Read More »

William Hill expands virtual racing in Nevada

William Hill is now taking bets on Virtual Racing at four of its Reno Sports Books in Nevada. This includes the voice of legendary race caller Tom Durkin and features a new race every five minutes. Punters can opt for Win, Place, Show, Exactas, and Trifectas on lineups that range from eight to twelve animated horses. The bookmaker trialled its Virtual ... Read More »

Cash strapped Deutsche Bank eyes $440 million sale of Red Rock Resorts

The Financial Times has reported that embattled European bank Deutsche Bank is preparing to cash-in on its 17% stake in Nevada casino operator Red Rock Resorts (formerly known as Station Casinos). Deutsche governance are reported to be seeking a $440 million sale price for its stake in Red Rock a company it invested in 2011 as the operator looked to ... Read More »

Betfair targets + £100 million US Election trading

While Hillary Clinton remains a clear favourite to win the 2016 US Election, trading at 1.21 on the Betfair Exchange (82% chance of winning). Betfair today revealed that the Democrats are faltering in the key ‘swing states’ of Florida, Iowa and Ohio. Detailing market insight on individual state outcomes, Betfair’s trading team revealed that the Democrats have seemingly lost their ... Read More »

Cantor Fitzgerald seeks $22 million US betting probe settlement

The Wall Street Journal has reported this weekend that Cantor Fitzgerald LP’s sports betting subsidiary CG Technology has agreed to pay $22.5 million to the US government in forfeiture of the firm’s connection with illegal gambling and money laundering activities. Cantor governance has pushed for a non-prosecution agreement with the US Government, with CG Technology admitting responsibility of aiding and ... Read More »

Z Capital buys Affinity Gaming outright for $580 million

New York private equity firm Z Capital has confirmed that it has brought Nevada casino operator Affinity Gaming outright for an all-cash deal of $580 million (£440 million). At present the private equity firm owns 41% equity in Affinity Gaming, with Z Capital seeking to purchase the outstanding stake at a price of $17.35 per share. Updating stakeholders, Z Capital ... Read More »

CG Technology facing $1.5m fine and removal of CEO

CG Technology has agreed to pay a $1.5 million fine in relation to charges of underpaying and overpaying certain bettors on the sportsbook. This comes just two months after the Nevada Gaming Control Board alleged that CG Technology had underpaid winning parlays by about $700,000 on more than 20,000 occasions from August 2011 to March 2015. The complaint also accused the ... Read More »

William Hill opens wagering on Virtual Racing in Nevada

William Hill has opened wagering on Virtual Racing at two of its Nevada Race and Sports Books. After receiving approval for a field trial from the Nevada Gaming Control Board, the company will offer Virtual Racing inside the Plaza Casino and Silver Sevens Casino, both in Las Vegas. Featuring the voice of legendary race caller Tom Durkin, William Hill Virtual ... Read More »

RGT shares British advances in treatment data collection

The Director of Commissioning for the Responsible Gambling Trust (RGT) has shared details of British advances in treatment data collection during the International Gambling Institute’s 16th International Conference on Gambling and Risk Taking. Jane Rigbye set out the British approach to data reporting in problem gambling treatment services in a speech to the University of Nevada, as part of International ... Read More »