Pearson PLC on Thursday said it is in advanced talks over the potential sale of FT Group, which includes the Financial Times newspaper. The talks could result in the publisher jettisoning one of its flagship media assets to sharpen its focus on its key education businesses.
Despite lingering concerns over the situation in China and Greece corporate chiefs continued to see the current investment climate as favourable for deal-making. That was all too patent on Thursday morning as Pearson confirmed it was in advanced talks to sell the FT Group.
The well-traveled Curalina carries a three-race winning streak into the $300,000 Coaching Club American Oaks (gr. I) July 25, and seeks her second grade I victory in a row against the likes of Include Betty and Keen Pauline.
If you want to improve your poker game, there is an endless supply of books, videos, forums and online streams out there that can help you take your skills to a new level. But few of them have the kind of clout that comes from a class offered by the Massachusetts Institute of Technology (MIT). […]
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The Latin American Poker Tour (LAPT) and the Brazil Series of Poker (BSOP) have been two of the biggest forces in driving the growing popularity of poker in South America. Now, these two titans of tournament poker are combining forces to create what could be the biggest poker festival in the history of Brazil. The […]
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Monmouth Park reports that Triple Crown winner American Pharoah is scheduled to arrive at the Oceanport, N.J. track July 29, as he prepares to start in the $1 million William Hill Haskell Invitational Stakes (gr. I) Aug. 2.
Lael Stables’ Ageless will try to win the $150,000 Royal North Stakes (Can-IIIT) for a second straight year when she starts from the outside in the expected field of seven fillies and mares Sunday, July 26 at Woodbine.
A US investigation of a massive securities fraud scheme appears to have done collateral damage to some US-facing online casino sites.
On Tuesday, police in Israel arrested Gery Shalon and Ziv Orenstein after the US Attorney for the Southern District of New York (of Black Friday fame) charged the pair with fraud, money laundering and identify theft relating to a pump-and-dump penny-stock manipulation scheme. The pair are being held pending extradition to the US. The indictment included a third individual, a US citizen living in Tel Aviv named Joshua Samuel Aaron, who remains at large.
On Thursday, the Israel Hayom media outlet reported that prosecutors were also preparing a separate indictment related to an illegal online gambling operation connected with the Israeli pair. The paper quoted sources saying the alleged gambling offenses were “more severe than the alleged securities fraud.”
Shortly thereafter, word began spreading in online gambling forums that the pair was connected with the Affactive and Revenuejet groups. Many of the online casino sites connected with these groups – including On Bling, Grand Parker, Loco Panda, Classy Coin, Ruby Royal, Grand Macao, Slots of Fortune and Jackpot Grand – are no longer loading.
CBS San Francisco Connect With Us At KPIX 5 PROGRAM GUIDE: KPIX 5 TV Schedule WATCH: A Glimpse Inside The Working KPIX 5 Newsroom Breaking News Send news tips, video & photos, and video to the KPIX 5 [] CONNECT WITH KCBS Welcome to KCBS All News 740AM & 106.9FM on CBSSanFrancisco.com! LISTEN LIVE RIGHT NOW: KCBS Live Audio Stream LIKE KCBS Radio On Facebook: KCBS is the Bay Area’s only all news station, serving [] SOUTH SAN FRANCISCO – A South San Francisco woman won $5 million Wednesday on a Lottery ticket purchased at local grocery store, California Lottery officials said. Jane Mattier-Kane bought the winning Ultimate Riches Scratchers ticket at the Pak N Save at 2255 Gellert Boulevard in South San Francisco.
The Mohegan Sun casino in Connecticut has become the latest to launch Scientific Games Corporation’s social casino platform Play4Fun Network.
Bobby Soper, president of the Mohegan Tribal Gaming Authority (MTGA), which operates the Mohegan Sun casino in Uncas, Connecticut, called the deal “an amazing extension of Mohegan Sun’s entertainment offering to our players.” Sci-Games VP of Commercial, Interactive Bob Hays claimed to be right chuffed to ink a deal with “one of the most respected brands in the casino industry,” aka Mohegan Sun.
The MTGA also operates the Mohegan Sun Pocono casino in Pennsylvania, but that venue won’t get to launch Play4Fun if a new piece of legislation is approved. State Rep. Eddie Day Pashinski’s one-page HB 1456, which was referred to the House Gaming Oversight committee on Monday, is aimed at “prohibiting certain financial interests in simulated interactive games” by the state’s licensed casino operators.
In announcing his bill, Pashinski claimed that online free-play casino games were “being marketed to our youth by casinos” hell bent on “grooming them for gambling habits.” Pashinski cited an unidentified “academic study” that claimed one in 12 teenagers had played social games on Facebook and one in 16 had played such games on their smartphones. The same study claimed that kids who played social casino games were “over three times more likely to report gambling for real money.”
Headed by unbeaten Golden Horn, a field of 10 is set to go in the the £1.15 million King George VI and Queen Elizabeth Stakes (Eng-I) July 25 at Ascot Racecourse.
Though Suffolk Downs had published a condition sheet for races Aug. 8, the Massachusetts Gaming Commission July 23 delayed action on the track’s application for three live racing dates this year.
Two-time grade I winner Carpe Diem has been retired due to a knee chip and will enter stud next year at Kenny Troutt’s WinStar Farm near Versailles, Ky., it was announced July 23.
A court in the Bahamas has ruled that the country need not recognize the bankruptcy filing made in the United States by the developer of the troubled $3.5b Baha Mar resort casino.
Baha Mar Ltd. filed for Chapter 11 bankruptcy protection in Delaware last month after failing to resolve a dispute with its Chinese state-owned contractor China Construction America (CCA), which claims the developer hasn’t paid its bills for months. Baha Mar Ltd. also failed to convince its financial backer, the Export-Import Bank of China (EXIM), to commit the additional $600m it says it needs to finish the project.
Last week, Bahamas Prime Minister Perry Christie announced that his government would file a ‘winding-up’ petition with the country’s Supreme Court, effectively seeking to wrest control of the project from Baha Mar Ltd. Christie justified the move by saying the resort’s completion was “a matter of the utmost national importance” and thus it was improper for any decision on the project’s fate to be made by a court based outside the Bahamas.
On Wednesday, Justice Ian Winder sided with the government, saying the Chapter 11 bankruptcy protection Baha Mar Ltd. sought in Delaware would not be extended to the Bahamas. Christie praised the decision, restating his belief that Bahamian courts were “best suited to oversee the restructuring, completion and opening of the resort” should the developer fail to “reach an out of court agreement” with CCA and EXIM.
I mean, the guy’s made billions of dollars in the private sector, so he must know what he’s doing – yes? But try telling that to anyone who invested their hard-earned dough in his great business venture, Trump Hotels & Casino Resorts Inc. It was 20 years ago this summer that “The Donald,” for the first and only time, let ordinary schmucks on Main Street become his business partners and put their money where his mouth was. The property mogul and best-selling author of “The Art of the Deal” raised $140 million from the public in the IPO of Trump Hotels & Casino Resorts, which owned his business interests in Atlantic City and elsewhere.
Trainer Tom Amoss and the Indiana Horse Racing Commission have entered into a settlement agreement in a complex case involving a medication positive at Hoosier Park Racing & Casino in 2011.
Champion female sprinter Judy the Beauty breezed five furlongs in 1:01.88 at Saratoga Race Course on Thursday, July 23 for owner-trainer Wesley Ward.
The $750,000 West Virginia Derby (gr. I), to be held Aug. 1 at Mountaineer Casino, Racetrack & Resort, has attracted 60 nominees, track officials said July 22.
Brick-and-mortar casino operator Casino Gran Madrid has become the latest to determine that Spain’s online poker market isn’t worth the effort.
On Wednesday, Casino Gran Madrid announced that it would be closing its online poker site effective Friday, July 31. The decision has no effect on the site’s casino games and players don’t need to withdraw their balances, unless they have no interest in playing online blackjack, roulette or baccarat.
Should players not have any interest in playing online casino games, they will have until August 31 to withdraw their balances and exchange their accumulated VIP points for cash. Players can also exchange VIP points for tournament entry fees at Casino Gran Madrid’s live poker room until December 31, but players must still notify the casino of their intent by August 31.
Casino Gran Madrid isn’t permanently shutting the door on online poker, saying it hopes to resume online play when it feels it can offer players a “more appealing” product. Presumably, this translates as ‘a poker site at which you’ll find other players,’ given the vertical’s dominance by PokerStars and 888 Holdings, who are believed to control up to 90% of Spain’s regulated online poker market.
Antigua is making a last-ditch effort to resolve the country’s longstanding online gambling trade dispute with the United States.
On Thursday, the Antigua Observer reported that Antigua’s Minister of International Trade and Foreign Affairs Charles ‘Max’ Fernandez would travel to the US over the weekend to begin a new round of negotiations with the US Trade Representative (USTR) on Tuesday (28).
Fernandez declined to offer specifics on Antigua’s strategy for attempting to break the gridlock that has prevented the two sides from bringing closure to this dispute. However, Fernandez did say that he believed the parties were “at a stage now, where there is a serious commitment, or it seems to me, there’s a serious commitment on both sides to work as quickly as possible to settle the issue.”
Antigua has been locked in a bitter 12-year trade dispute with the US over the latter country’s refusal to allow Antigua-licensed online gambling operators access to the US market. In 2003, Antigua took its claim to the World Trade Organization (WTO), whose Dispute Resolution Body ultimately sided with Antigua.