Billionaire Kirk Kerkorian, an eighth-grade dropout who built Las Vegas’ biggest hotels, tried to take over Chrysler and bought and sold MGM at a profit three times, has died. He was 98. He built the 30-story, 1,568-room International Hotel, the world’s largest hotel when it opened in the late 1960s.
The West Virginia Racing Commission June 16 signed off on a plan by Mountaineer Casino, Racetrack & Resort to shave 50 racing programs from its 2015 schedule.
The US division of UK bookies William Hill has inked a deal to allow mobile sports bettors to top up their accounts at 7-Eleven stores.
On Tuesday, William Hill US announced that it had entered into a partnership with ubiquitous convenience retailer 7-Eleven, Inc. and electronic cash payment outfit PayNearMe. Their plan is to enable bone-idle bettors to make deposits to their William Hill sports betting accounts without having to make the arduous trek to any of the 104 William Hill-managed race and sportsbooks in Nevada. PayNearMe struck a similar deal with seldom seen Nevada online poker operator RealGaming last year.
Full details of the service, which is available at all 217 7-Eleven stores in Nevada, can be found here, but we’ll give you the gist. William Hill customers can click the new ‘deposit funds’ button on their mobile betting app, indicate how much they wish to deposit, then click the ‘Pay with Cash’ option. Then just fork over the cash to Apu behind the counter and your Hills account is instantly credited. Your move, Kwik-E-Mart.
In other Hills news, the company’s UK retail network will soon enjoy new gaming content courtesy of online gambling software developers NetEnt. Hills and NetEnt are old friends, but they inked a deal last year to extend their relationship to the retail realm. The online titles have been “redesigned” to fit their retail requirements and Starburst, the first NetEnt title to make the leap, will be launched ‘gradually’ over the next few weeks.
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Lukewarm favorite off a poor effort last time out, RMJ Stables’ 2014 Delaware Oaks (gr. II) winner Fortune Pearl hopes to return to the winner’s circle at the Mid-Atlantic track in the $100,000 Obeah Stakes (gr. III) June 20.
It’s the first million dollar powerball winner for Shoshone or Lincoln County and for the person winning the money it was the surprise of a lifetime. Sunday, Sara Perez checked her Powerball ticket from the June 3, 2015 drawing.
YouTube has issued a direct challenge Twitch TV with the announcement of a new standalone app specifically for gamers, scheduled to debut in the US and UK this summer. Like Twitch, which has recently become a revelation for poker players, as well as a platform for many of the biggest names in the game to […]
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Laurel Park received Maryland Racing Commission approval June 16 to expand its summer meet to 24 days.
Asian handicap online sports betting operator 12Bet has inked an official betting partnership with English Premier League club Swansea City FC through the 2015-16 season.
12Bet, which recently relaunched its UK-facing sportsbook, will enjoy a strong advertising presence around Swansea’s Liberty Stadium as well as via the club’s digital channels. Club commercial director Leigh Dineen said there were other “exciting projects in the pipeline” and 12Bet CEO Rory Anderson said the two parties had come up with some “innovative ways to make this partnership stand out.”
MY CLUB BETTING SPONSORS COPA AMERICA
The 44th edition of the Copa America football tournament kicked off in Chile last week and concludes July 4, with 12 Latin American nations battling for regional bragging rights. Among the participants are such notable names as Lionel Messi, Neymar, Sergio Aguero, Filipe Luis and a host of other European footie fixtures who have returned home this summer to fight for their respective national honor.
A fund-raising effort helped raise more than $65,000 for the Thoroughbred Aftercare Alliance in conjunction with the Xpressbet.com Preakness Stakes (gr. I) at Pimlico Race Course, the Maryland Jockey Club announced June 16.
West Point Thoroughbreds has retired multiple stakes winner Awesome Vision and the 6-year-old son of Awesome Again is entered in the Retired Racehorse Project’s Thoroughbred Makeover.
Casino operator Caesars Entertainment Corp (CEC) may see its restructuring plans undone after a group representing first-lien creditors filed a $6.34b lawsuit against the company.
On Monday, UMB Bank filed a complaint in Manhattan federal court, accusing CEC of having “shifted their focus from enhancing enterprise value to protecting their equity investment at all costs.”
UMB is the indenture trustee for $6.34b of first-lien notes issued by CEC’s troubled main unit Caesars Entertainment Operating Co. (CEOC). UMB filed a notice of default against Ceasars last November on behalf of creditors holding $1.25b in senior notes.
CEOC filed for bankruptcy in January, citing over $18b in debt. The company has floated a restructuring plan that would see CEOC split into two units – one to manage its casinos, another to own the property on which those casinos stand. The investors who hold the $6.34b in notes overseen by UMB Bank – including Elliott Management Investment Fund – had originally signaled their support for the restructuring plan.
Lotto players will have to select their winning numbers from a pool of 59 – up from 49 – in sweeping changes to the game taking effect later this year. National Lottery operator Camelot claimed the “enhancements” will actually give players a better chance of winning and better odds of becoming a millionaire.
Coolmore and partners’ dual Guineas winner Gleneagles unleashed a rousing burst of acceleration past rivals and won the St. James’s Palace Stakes (Eng-I) June 16, opening day at Royal Ascot.
At this fall’s Global Gaming Expo, some 20,000 square feet of the planned 294,000 square-foot trade show floor inside the Sands Expo and Convention Center will be dedicated to the Integrated Resort Experience. The space will provide nongaming vendors with a place to display their products.
Phil Galfond is now part of the more-than-one-WSOP-bracelet club, and he’s damned excited about it. Who could blame him? The World Series of Poker saw one of its strongest final tables yet this season on Monday, with one former bracelet winner topping another in heads-up play. And several other tournaments also worked their way down […]
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MGM Resorts founder Kerkor ‘Kirk’ Kerkorian died on Monday, prompting a wave of tributes to a man credited with helping to shape the modern Las Vegas.
Kerkorian became one of the world’s richest men despite having left school in the eighth grade. During World War II, Kerkorian got a job flying Mosquito fighter-bombers from factories in Canada to England, for which he was paid the then astronomical sum of $1k per flight.
Following the war, Kerkorian launched a charter air service to ferry gamblers from California to Las Vegas. That company ultimately became Trans International Airlines, which Kerkorian sold in 1968 for $104m, giving him the capital to develop land he’d purchased in Vegas.
Renowned for his shrewd business sense, one of Kerkorian’s most profitable early deals was his 1962 purchase of 80 acres on the Las Vegas Strip for $960k. In 1966, the land became the site of Caesars Palace, which paid Kerkorian $2m in annual rent before buying the land for $5m in 1968.
A winning Georgia Lottery instant ticket worth $1 million was sold in Marietta. Texaco Food Mart, located at 574 Roswell St. S.E., sold a $10 Million Cash Spectacular instant ticket with a $1 million top prize.
The gold space is never short on excitement, and the second quarter of 2015 was full of interesting developments for the yellow metal. Besides big investments from companies like Zijin Mining and Barrick Gold , there was some major M&A activity.
Becky Thomas and Joe McMahon are pleased to announce that multiple graded stakes winner Forty Tales will stand the 2015 Southern Hemisphere Breeding Season at Boris Schwartzman’s Haras Barlovento in El Salvador, Peru.