UFC Owner to Buy OpenBet for a Revised Price of $800m

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A significantly lower price Endeavor Group Holdings Inc. is buying the sports betting business OpenBet in a deal worth $800m. The Ultimate Fighting Championship (UFC) owner had originally planned in September 2021 to buy OpenBet for $1.2bn from Light & Wonder.  The original $1.2bn was to be in the form of $1bn cash plus newly issued ...

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AGA Praises Congressional Letter to DOJ Regarding Offshore Gambling Operators

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Encouragement for illegal market investigation On June 29, nearly 30 congressional leaders sent a letter to the United States Department of Justice (DOJ) regarding the need for action against illegal offshore gambling operators. The letter pointed out issues with offshore sportsbook operations; the American Gaming Association (AGA) praised the effort. AGA is hopeful that the letter ...

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The Five Best Bets in the Casino: Low RTP Bets

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First things first: RTP is an acronym for Return To Player. Basically, it’s how casinos pay the bills, make a profit, and keep the lights on. It’s another way of displaying a game’s ‘odds’ – and usually applies to slots. Every single online casino bet you make has a return to player. For example: If ...

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Imperial Palace Saipan Looks to Rise from the Ashes, Open Q4

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After reaching an agreement with the Commonwealth Casino Commission in Saipan two weeks ago, Imperial Palace Saipan has announced new funding options and a tentative date to open the hotel and casino again. At one time, prior to opening the current location, the tables at its temporary satellite casino were the most lucrative in the ...

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