Monthly Archives: May 2018

G2E Asia 2018 day 2 recap

Our coverage of G2E Asia 2018 continues with sneak peak on Macau gaming industry development plan this year.

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Phil Hellmuth Sees Opportunity for Online Poker in SCOTUS Sports Betting Decision, Mark Cuban Partly Concurs

Phil Hellmuth craves the return of online poker in the US and thinks the time to make it happen is now. Meanwhile, billionaire businessman Mark Cuban sees online gambling ready […]

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New Jersey’s Monmouth Park delays sportsbook launch

New Jersey’s Monmouth Park racetrack is pumping the brakes on its plans to offer legal sports betting by the end of this month.

On Tuesday, Dennis Drazin, CEO of the firm that operates Monmouth Park, announced that the property’s William Hill-powered sportsbook would take its first official wager on Monday, May 28, the culmination of the Memorial Day holiday weekend.

On Wednesday, the Asbury Park Press quoted Drazin said the track’s sportsbook would now only conduct ‘ceremonial’ wagering on May 28, which would reportedly involve longtime legal betting champion (and former state senator) Ray Lesniak, along with current Governor Phil Murphy and former Gov. Chris Christie, under whose watch the state’s multi-year legal betting quest began.

Drazin said the change in plans came about following discussions with State Senate President Stephen Sweeney, who “asked me to wait.” Drazin clarified that Monmouth Park wouldn’t take ‘real’ bets until the state legislature had signaled the all-clear.

Pennsylvania casinos await legal sports betting as tables tank

Pennsylvania’s casino operators posted a modest gaming revenue decline in April as action at their gaming tables grew cold.

Figures released this month by the Pennsylvania Gaming Control Board show the state’s 12 casino operators reported combined gaming revenue of $280.8m in April, down 1.56% from the same month last year. The total is also well off March’s record $300.5m result.

The state’s slot machines did their part to keep the numbers up, with statewide slots revenue inching up 0.2% year-on-year to just under $206.2m. But only four operators were in positive slots territory for the month, led by market leader Parx Casino, which improved 6% to $35.6m, while runner-up Sands Bethlehem dipped 1% to $26.1m.

Statewide gaming table revenue was off 6.2% to $74.6m. Sands led the table charts with just under $17.6m, but this was down nearly one-fifth from April 2017, and barely enough to fend off a surging Parx, which gained 7.1% to $16.5m. Third-ranked SugarHouse was well back of the pace with $10.2m (-1.8%).

Daniel Negreanu Dominates on ‘Poker After Dark’ as PokerGo Studio Opens on Las Vegas Strip

Daniel Negreanu booked a $50,000 win in a high-stakes cash game on “Poker After Dark” Tuesday as Poker Central unveiled its new, state-of-the-art PokerGo Studio outside the Aria on the […]

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