The group 2 winner is standing at Clongiffen Stud in Co. Meath.
Category Archives: Gambling
Royal Lytham is First Gleneagles Sire-Son in Ireland
The group 2 winner is standing at Clongiffen Stud in Co. Meath.
Delaware Park Announces 77-Day Meet for 2021 Season
Delaware Park has announced a 77-day meet for the upcoming 84th season of live racing after receiving approval from the Delaware Thoroughbred Racing Commission today.
My Dixie Doodle Stands Out in Wanamaker’s January Sale
My Dixie Doodle (Dixie Union), in foal to American Pharoah, stands out among the entrants of Wanamaker’s January online auction.
Early Nominations for 2021 Triple Crown Due Jan. 23
Early nominations for 3-year-old Thoroughbreds to become eligible to the 2021 Triple Crown series are due Saturday, Jan. 23 with a $600 payment.
Pegasus Day Highlights Week's Radio, TV Coverage
Coverage of the Pegasus World Cup Invitational Stakes (G1) highlights the week’s radio and television schedule.
True Timber Out of Pegasus World Cup
Cigar Mile Handicap (G1) winner True Timber will bypass the Jan. 23 Pegasus World Cup Invitational Stakes (G1) at Gulfstream Park after he was “slightly off” after training Jan. 20, trainer Jack Sisterson tweeted.
Dan Bilzerian Jabs At Haters as His CBD Company Finally Makes Money
Dan Bilzerian has found another reason to take aim his haters. With his CBD company IGNITE enjoying a profitable 2020, he was quick to let everyone know in his own inimitable way.
Dan Bilzerian’s company enjoyed a profitable end to 2020 and he wasn’t afraid to let people know about it. (Image: Instagram/Dan Bilzerian)
When he’s not representing GGPoker and posing with scantily clad women, Bilzerian is running IGNITE International Brands.
The company, which focuses primarily on CBD products, enjoyed a positive end to 2020. Revenue for Q4 topped $10.1 million, a fact Bilzerian was more than happy to share with his Twitter followers.
Analysts: Don’t count on VIP gamblers for post COVID-19 recovery
The writing has actually been on the wall for the past couple of years, but is now highlighted more than ever. VIP gambling is no longer going to be the cash cow for casinos that it may have once been, and casino operators should start preparing now for a different gambling environment. Those that don’t will be left behind, struggling to figure out why their wells are drying up.
Especially for Macau, VIP gambling is rapidly tapering off and this will extend to other parts of the world, as well. Industry analysts almost unanimously assert that Macau’s VIP activity will stay weaker this year than it was two years ago and that it might be as long as five years before any type of turnaround is seen. Vitaly Umansky, Tianjiao Yu and Kelsey Zhu, analysts with Sanford C. Bernstein, assert that gross gaming revenue (GGR) from the VIP sector will “be below 2019 levels by 2025.”
In the summer of 2019, Macau’s VIP gaming sector showed signs of being weaker than that of the mass gaming sector. Last year, in the third quarter, mass market activity continued to outperform VIP gambling. For all of 2020, VIP gambling in Macau saw its lowest revenue share on record. In addition to the ongoing COVID-19 battle, this drop is also fueled by pressure being exerted in China, which is clamping down on money transfers, junkets and cross-border casino marketing. This has scared off some of the high rollers and, as the country continues to strengthen its anti-gambling position, things can only get worse for the VIP gambling segment. Bernstein’s analysts predict that VIP gambling will only reach 50% of the level it was in 2019 this year, while mass gambling will find recover of 75% of 2019’s numbers.
There is a silver lining, however, that should give casino operators a reason to be happy. The analysts believe that the drop in VIP action could lead to an increase in other segments, such as premium direct and premium mass, and explain, “In the early stage of recovery, we expect operators who have outsized relative positions in premium mass to fundamentally outperform (Melco and Wynn Macau top picks) over the next 6+ months, as premium customers are less affected by the economic impact related to COVID-19 and fewer numbers of customers are necessary to drive GGR growth.”
Japanese Champion and Sire Kurofune Dies at 23
Japanese champion and grade 1-prodcuing sire Kurofune died Jan. 17, according to the Japan Racing Association. He was 23.
Essential Quality Readies for Mid-February Return
Essential Quality, working toward his return after winning the TVG Breeders’ Cup Juvenile Presented by Thoroughbred Aftercare Alliance (G1) at Keeneland Nov. 6, remains on course to start in mid-February.
Hello Broadway Added to Flowing Acres' Growing Roster
Grade 2-placed winner Hello Broadway, a 15-year-old son of Broken Vow, is the fourth sire added this year to Michael Ingrassia and Brian Thomas’ growing stallion operation near Charles Town, W.Va., known as Flowing Acres Farm.
Arc Hero Waldgeist Sires First Reported Foal
Ballylinch Stud has announced the arrival of Qatar Prix de l’Arc de Triomphe (G1) hero Waldgeist’s first reported foal, a filly out of Not Misbegotten, a half sister to group 1 winner Nahoodh.
World Poker Tour Sold for $78 Million; Could Have Impact on Postponed Final Tables?
Allied Esports Entertainment announced the sale of its major poker brand, the World Poker Tour, to Element Partners, LLC, a move that came out of left field.
The World Poker Tour has a new owner. (Image: worldpokertour.com)
The buyer’s core focus, per the company’s website, just might be a positive sign about the future of the WPT, and the poker industry as a whole.
“Element invests at the intersection of enabling technologies and sustainable solutions in large industrial markets,” the “Our Focus” page reads.
Alabama residents cross state lines in droves to play lottery as jackpots soar
The jackpots for multi-state games Mega Millions and Powerball are at record highs this week, and Alabama residents are doing all they can to join in on the fun while they wait endlessly for an approval of a state-run lottery of their own.Mega Millions, Powerball, Legislation, Starting a Lottery, Retailer, Alabama, Government, Multi-State Game
Canadian woman wins $60 million Lotto Max jackpot with numbers her husband dreamt of 20 years ago
After playing the same lottery numbers for 20 years that came to her husband in a dream, a 57-year-old Toronto woman is $60 million richer.Winner Stories, Jackpots, Canada, Canada Lotto Max, Multi-Province Game
Harry Brant, Son of Owner Peter Brant, Dies at 24
Harry Brant, son of top Thoroughbred owner Peter Brant and wife Stephanie Seymour Brant, has died at age 24 from an accidental overdose of prescription drugs, the New York Times reported.
Freshman Sire Showcase Back at Fasig-Tipton July Sale
Fasig-Tipton will devote a section of the catalog to the yearlings by freshman sires. The Freshman Sire Showcase was last offered in 2010.
Aqueduct Opens COVID-19 Vaccination Distribution Center
The New York Racing Association opened the first floor of Aqueduct Racetrack beginning Jan. 18 to serve as a New York COVID-19 vaccination distribution center.
Military March Back in Action as Dubai Carnival Opens
The Dubai World Cup Carnival officially kicks off at Meydan Racecourse Jan. 21 with all eyes and lots of expectations centered on Godolphin’s long-absent Military March.