Tribal Gaming Growth Hurts Laughlin and Reno, But Las Vegas Still Bulletproof, Says Analyst

The nationwide Indian Gaming Commission reported this week that America’s tribal video gaming operators collectively generated $31.2 billion in gross gaming income, a 4.4 percent increase over 2015.

Harrah’s Resorts SoCal is simply example of a joint-venture between a operator that is tribal a Vegas casino company that supplies a flavor of Las Vegas throughout the Nevada border.

The biggest growth, year over 12 months, for tribal gaming nationwide was the Sacramento, California region, with an increase of 6.3 percent to $8.4 billion. Meanwhile, the Phoenix region exhibited revenue that is fourth-best in america, growing 4.4 percent to $2.9 billion.

It’s clear Indian casinos in states bordering Nevada are enjoying robust health, but what impact is this having regarding the Silver State’s casino sector? Is tribal gaming a threat to Nevada?

Tribes Thinking Big

Well, not so much to Las Vegas, gaming analysts told the Las Vegas Review-Journal this week, but it’s very likely having a negative impact on the north Las vegas, nevada sector and the Reno and Laughlin markets in specific, forcing those cities to rethink their approach.

Bo Bernhard, executive manager of UNLV’s International Gaming Institute, believes that the Laughlin and Reno markets have certainly been adversely affected by competition from Indian gaming properties, which are now matching their commercial counterparts outsid (more…)

DraftKings, FanDuel Jettison Merger Plans, Back Off From FTC Challenge

Joint rulers of the fantasy that is daily (DFS) market DraftKings and FanDuel have actually walked away from a proposed merger of equals, less compared to a month following the Federal Trade Commission (FTC) moved to block the offer on grounds of antitrust ‘fair competition’ problems.

The offer’s off: DraftKing’s Jason Robins (left) and FanDuel’s Nigel Eccles announced on Thursday that their organizations would be going it alone, calling off a possible FTC fight on the grounds of antitrust violations. (Image: Reuters)

The two companies announced the termination of the tie-up on Thursday, simply days after they had each filed legal briefs to a federal district court, vigorously protecting the merger.

But with both companies already fighting lawsuits on several fronts, it looked like another high priced and possibly condemned legal battle lay ahead. A source told ESPN that dealing with the FTC would likely cost some $12 to $15 million.

Money Worries

Ironically, consolidation could have dramatically slice the amount of legal and costs that are lobbying two companies invest fighting for legal DFS in states across the usa. It might additionally remove the costs associated with trying to out-market each other.

The failure of the deal leaves both in precarious financial positions, as neither has ever been profitable. Papers related to the merger leaked final thirty days revealed that DraftKings has lost a sta (more…)

Philippines Police Arrest 43 After Violent High-Roller Kidnapping at Solaire Casino

Police in the Philippines have actually arrested 41 Chinese and two Malaysian nationals associated with the kidnapping of the 48-year-old woman that is singaporean the Solaire Casino Resort in Manila on Monday.

Philippines National police chief Gen. Ronald Dela Rosa berated detainees as they had been paraded before TV cameras on Thursday.

Wu Yan, considered to be a high-stakes tourist gambler, was rescued by police from the condo in the city the day that is following.

Authorities stated the suspects they detained had been members of a loan-shark syndicate targeting foreign high-rollers. Eleven cases that are similar been reported since 2015, according to authorities.

‘The group ended up being believed to be responsible for a variety of kidnapping incidents perpetrated against foreign nationals whom are high roller casino players in recent months,’ Justice Undersecretary Erickson Balmes told reporters that are local.

Nabbed for Ransom

According to Balmes, the victim had been losing heavily at Solaire’s VIP baccarat tables whenever she was ‘befriended’ by the two suspects that are malaysian who lent her money to keep playing.

They later invited Wu to another casino, but alternatively took her to a condo where she was physically forced and abused to record a ransom video clip. A copy associated with the video clip had been demonstrated to loved ones with a demand for an undisclosed sum of cash (more…)

By on January 13th, 2020 in TopSlots

NFL Betting: Top Five Games For Week 6.
Week 5 for the NFL season offered us a lot more than anybody expected including a candidate that is early the overall Game for the Year, some astonishing upsets, unforeseen blowouts and monster fantasy performances. What’s in store for 6? Let us take a better appearance during the top games of the week week.

Carolina Panthers vs. Tampa Bay Buccaneers

Odds: Panthers -2.5

The NFL has scheduled the NFC South showdown between the Panthers and Buccaneers for 9:30 a.m unlike last week when the Chicago Bears and Oakland Raiders didn’t kick off until 1 p.m. ET. ET. That gives football fans getting out of bed early the opportunity to enjoy two of the most extremely offenses that are explosive the NFL get head-to-head. Carolina’s attack has been rejuvenated with Kyle Allen at quarterback, going 3-0 under their backup. The NFL leader in scrimmage yards, a healthy Allen has provided just enough for the Panthers to look like a completely different team than they did with a clearly injured Cam Newton in the lineup while the offense runs through running back Christian McCaffrey. Can they keep it going against the bucs that are unpredictable?

Houston Texans @ Kansas City Chiefs

Chances: Chiefs -5.5

Coming down their first lack of the season, Patrick Mahomes and also the Chiefs will welcome Deshaun Watson as well as the Texans to city for the matchup of two of the very most exciting and talented quarterbacks in the NFL. The biggest question heading in to (more…)

Loss and profit Take on New Meaning for Swedish Pro Viktor Blom

He’s 23, down $3.6 million for the past 30 times; but that’s not terribly unusual for the poker phenom known round the globe to online fans as ‘Isildur1,’ aka Viktor Blom. Following a dazzling two-week online winning streak from the beginning of the latest year, Blom has since fallen back to a meager $1.5 million, according to HighstakesDB.com, a poker tracking data web site. More than $800,000 of those brutal losses occurred in just the past week, and took place on Comprehensive Tilt poker, the online site he represents as an expert.

High Stakes Is His Game

It’s all in one day’s work with the young pro, who is no stranger to uber high-stakes online poker: he caught the breathless attention of poker fans everywhere just four years ago, whenever in 2009, he ended up being active in all ten of the largest pots in poker online history. Blom ended up being nevertheless playing under wraps by their pseudonym that is online when joined Team PokerStars at the end of 2010, only to have his real identification revealed when he played live during the annual PokerStars Caribbean Adventure (PCA) in the Bahamas. Blom remained on the PokerStars professional roster for 1 1/2 years, moving on to Comprehensive Tilt just recently, in October 2012.

Highs and Lows

Blom is no stranger to the highs and lows of internet poker; in their initial cloaked ‘Isildur1’ days, he played top pros like Tom Dwan, Phil Ivey and Patrik Antoniu (more…)