Top Live Casinos

Crown Resorts to Sell Off CrownBet Stake for $117 Million

January 1, 2018

Crown Resorts has recently entered into an agreement with an undisclosed entity that is said to be associated with Crownbet’s shareholders, including CEO Matthew Tripp, where they will sell off its 62 percent stake in CrownBet for $117 million. Nothing else has been officially been unveiled about the prospective buyer. The transaction is expected to be complete by February 2018 even though the deal which includes the loans advanced by Crown Resorts to CrownBet will still be subject to the buyer organizing financing that the seller will find satisfactory. Crown Resorts officially announced its intent to sell is CrownBet stake… Read More

2017’s Top Gaming Industry Salaries Led by Las Vegas Sands CEO, Sheldon Adelson

December 29, 2017

2017 was an outstanding year for casino operators from all corners of the globe but the true measure of success in the casino industry has always been the annual revenues of the casinos. Considering how shaky the year has been for stakeholders in the industry, it is quite commendable that they managed to overcome a number of obstacles and antagonists to bring in some hefty compensations both collectively and individually. Adelson’s Records Standard 400 Percent Pay Rise Las Vegas Sands CEO and chairman, Sheldon Adelson whose net worth is approximately $32.6 billion had his annual salary bumped up from $1… Read More

Boyd Gaming Gets Valley Forge Casino, and It’s About Time as Well Because Online Gambling Is Here!

December 25, 2017

The legislation to legalize online gambling is getting serious attention in just about every state in the United States, and therefore it seems only natural that big business sensing the growth within online gambling would hop on the market. Hence, it was no surprise when the news came in about Boyd Gaming and Valley Forge Casino. Why Is This Significant? Pennsylvania is the fourth state in the United States to officially recognize, allow and set guidelines on the principles for online gambling facilitators. This was one of the major factors playing into Boyd Gaming’s decision to purchase Valley Forge Casino… Read More

State Senate of New Jersey Decides Not to Reintroduce Casino Expansion Legislation

December 23, 2017

The president of the State Senate of New Jersey, Stephen Sweeney (a Democrat), has recently announced that the state legislature will not reintroduce a ballot that would allow more casinos in New Jersey. Background to the Politics of Casinos Currently, the only casinos allowed to operate in New Jersey are limited to Atlantic City. In November 2016, a constitutional amendment was proposed to permit casino gambling in two additional counties of New Jersey, both of which are more than 72 miles from Atlantic City. However, this ballot was served a resounding defeat, with over 77 percent of voters opposed to… Read More