Penn National, VICI Purchase Detroit’s Greektown
JACK Entertainment will sell Greektown Casino (l.) in Detroit to Penn National Gaming and VICI Properties for $1 billion. The transaction will close in 2019. JACK Chairman Dan Gilbert, who’s said he wants to exit the gaming business, said he’ll use the proceeds toward “strategic investments in our Detroit real estate and business initiatives.”
States Consider Sports Betting Legislation
Sports betting will be among the main topics in the Kansas, Kentucky and Tennessee 2019 legislative sessions. Kansas lawmakers approved a special joint committee to hold meetings on the topic. Kentucky state Senator Jim Carroll (l.) will refile sports betting legislation. And Tennessee state Senator Rick Staples prefiled a bill authorizing sports betting via county referendums.
MGM Springfield Makes Changes
As is normal after grand openings of new casinos, MGM Springfield is making some adjustments to its operations, including increased drink service on the casino floor and the addition of more popular slots and lower-limit table games.
FanDuel Strikes Deal with NJ Devils for Sports Betting, DFS
FanDuel, a daily fantasy sports company and sports bookmaker, has signed a deal with the National Hockey League and the New Jersey Devils team for sports betting and fantasy sports play, including an in-ice logo during regular-season home games.
Why Sit and Go Tournaments Are Perfect for Fast, Casual Poker Play
Sit and Go poker tournaments are fun, fast and filled with action. Most online poker sites offer Sit and Gos, where players play a one-table tournament, which means prize pools are lower, but they take less time.
iGame Overview: 88 Fortunes, 50 Dragons, Guns N’ Roses
There are so many exciting games at online gaming sites, making it tough to decide what to play. We have an overview of three exciting games: 88 Fortunes, 50 Dragons and Guns N’ Roses—in case you’re looking for something new to play.
Sports and Gaming… Suddenly, It’s Love
A groundbreaking deal between MGM Resorts and the NHL (MGM CEO Jim Murren and NHL Commissioner Gary Bettman above) seemed to break the dam last week as Caesars, MGM, 888 and others worked out deals with the NHL, the NBA and the NFL. Since the repeal of PASPA, doors are opening for the sports and gaming worlds to finally embrace as full partners. It’s not just about marketing and promotion either. Some contain technology and data-sharing provisions that promise to change the face of sports betting.
New York Judge Rules DFS is Gambling
New York Supreme Court Justice Gerald Connolly (l.) has ruled that daily fantasy sports contests are a form of gambling and the state needs to adopt a constitutional change to allow the contests. However, it is not expected that the state will move to shutdown DFS sites as the case moves through appeals. The ruling came in a challenge to the state’s 2016 law that allowed the contests and classified DFS as a game of skill.
Evolution Live Casino to Join PokerStars Casino NJ
Evolution Gaming will offer its dealer-assisted online table games in New Jersey from its Atlantic City studio through an agreement with PokerStars Casino NJ. The company also announced a totally scalable dealer-assisted live online table game called Infinite Blackjack. Todd Haushalter (l.), chief product officer, says the company finally “broke the code.”
Penn National Taps IGT, NetEnt for Hollywood Online Casino
Penn National Gaming is preparing to launch its online casino in Pennsylvania through partnerships with IGT for its digital platform and NetEnt for games.
China Blocks Online Poker Apps
The Chinese government has moved to block several online poker apps, including Poker King, an app which reportedly takes in about $7.1 million in daily bets from the country. The move continues a Chinese crackdown on “inappropriate” online content for the country’s 700 million users.
NCAA Forms Sports Betting Committee
The NCAA announced the formation of a committee to examine sports betting and its potential impact on collegiate athletics and student athletes.
