Where negative news seems to follow Wynn Macau, Melco Resorts is gaining a favorable opinion. Melco Resorts and Entertainment posted impressive revenue for 2017, which is gaining investors. The analysts are not sure the stock price is worth it, but then again, the company is gaining in opinion with their newest move. Melco Resorts bought twenty electric buses, which will be used in Macau. The corporation is looking at the mass market visitors Macau is trying to attract. It is not just about the casino industry, but also about gaining more travelers to the island for shopping, relaxation, and entertainment…. Read More
News
High-Roller Client List Stolen from Casino
Stories about illegal casino busts are a dime a dozen. In January, a United States illegal casino bust occurred in Kansas, where local cops were the party of the problem. Australia has decided to kick out online casino operators due to troubling news, with fixing lotteries, hacking, and more. Plenty of bad things happen surrounding gambling, and that may be why certain countries refuse to change their gambling laws. When news like high profile thefts occur, it gets people thinking about cybersecurity and if they are safe. Darktrace is a UK cybersecurity company that looks for hacking activity. They provided… Read More
Pro Sports Athletes and Legal Betting Issue
Everyone wants to make money in gambling. If it is not Spanish online gaming operators looking for a nice payday, then it is someone else. US sports teams are backing a change in sports betting, but only if they get to take part in the gains. US states want to change the PASPA because it would allow legal sports betting, which is now based in Nevada only. The current gambling act for sports betting prevents legal wagers from being placed on professional sports unless a person makes these wagers in Nevada. Horse racing and dog racing wagers are legal, but… Read More
PartyPoker and PokerStars Competing with $25K Tourney
PokerStars announced a $25,000 buy-in for a million-guaranteed win. The game is No-limit Hold’em. PartyPoker has answered this competitive decision with one of theirs called Millions World. PokerStars game is being held at the Atlantis Resort, located in the Bahamas. PokerStars has stated they are willing to give away $8 million free seats at the tables and provide the winner $1 million in a prize pool. PartyPoker’s answer is the 2018 Caribbean Poker Party, which will happen at the Baha Mar Resort, also in the Bahamas. Their tournament begins on May 19th and ends May 25th. They are offering $10… Read More