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An investment group with (admittedly thin) ties to casino operator Caesars Entertainment is looking to acquire an Atlantic City casino property. Local attorney/businessman George Miller has teamed with Philadelphia real estate man Kevin Flynn (The Flynn Company) in an investment group that is looking at multiple properties in the east coast casino hub, with an eye toward closing a deal by year’s end. Miller told the Press of Atlantic City’s Donald Wittkowski that the group was “looking all over the place” for the right venue, and while he declined to cite a frontrunner, he did acknowledge that the group had “not eliminated the Atlantic Club.”...(more)
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Now that we’ve seen what the next-gen consoles have to offer in terms of traditional gaming, the focus online is shifting towards the ancillary benefits of the PS4 and Xbox One. Both Sony and Microsoft are betting on the second screen experience for the upcoming generation, and we’re finally beginning to get a better idea of what we can expect on smartphones and tablets. More importantly, the PlayStation Vita might just turn out to be the ace up Sony’s sleeve...(more)
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Over the past five years, the U.S. Justice Department has busted more than a dozen Internet poker sites that allowed Americans to play online for real money. Websites were shut down, operators were arrested and millions of dollars were seized, even though all the websites were run from outside the U.S. and most of the operators were foreigners.
The message from the feds to the world is clear: If you run a website that allows U.S. citizens to play poker for cash, you're breaking U.S. law and we're coming after you.. .(more)
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Most investors remain skeptical about the future of social gaming company Zynga (NASDAQ: ZNGA ) . However, although Zynga's decreasing revenue is a well-known trend, they may be making a mistake. Zynga is planning a turnaround...(more)
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Gibraltar-based 888 Holdings has quietly carved out an extra-large share of the neophyte U.S. online gaming market.
The company, one of the largest operators in legal European Internet gaming jurisdictions, has deals to operate interactive gaming platforms — the technology to house the online gambling websites — in all three states where the activity is legal: Nevada, New Jersey and Delaware... (more)
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Ivey Poker announces the official launch of the Ivey Poker App for mobile devices. Created by Phil Ivey, considered by many to be the greatest all-round poker player, the Ivey Poker App is a free-to-play social game designed to deliver a truly authentic poker experience.
“Anyone who knows me, knows that I’m one of the most passionate poker players on the planet,” commented Phil Ivey, Ivey Poker Founder. “I’m on a mission to grow the global poker audience, and have developed the Ivey Poker App for both entertainment and educational purposes.”... (more)
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Changes set up a framework for expanding & regulating internet gambling.
The U.S. Virgin Islands has used online gambling licensing legislation put on the books as far back as 2001 only sparingly, but that could be about to change following a decision by the 30th state legislature last week to approve changes to the existing Virgin Islands Internet Gaming & Internet Gambling Act... (more)
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Could online legalisation be far behind?
Far-horizon planning by online gambling strategists may have to incorporate a significant Japanese dimension soon as politicians in that country move closer to legalising land gambling, & with it the possibility of online regulation at some future point.
Reuters reports that moves to introduce a land casino legalisation bill are gathering momentum after more than a decade of lobbying by lawmakers in the populous nation. The market has the potential to be the second-largest in the world, & the stakes are high... (more)
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