Tag Archives million

Caesars investing $47 million to upgrade Silver Legacy at The Row Reno

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American hotel and casino entertainment company, Caesars Entertainment Inc. (CZR), formerly Eldorado Resorts Inc., is investing $47 million worth of upgrades to its showcase resort property in downtown Reno, the Silver Legacy. According to the Nasdaq-listed firm’s recent announcement, 75 percent of the 38-floor resort’s 1,600 rooms and suites, from the fifth through the ...

SkyCity Adelaide to open $243 million expansion from Thursday

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In Australia and casino operator SkyCity Entertainment Group Limited has reportedly announced that it will be opening the $243 million expansion to its SkyCity Adelaide property from Thursday. According to report from Inside Asian Gaming, the Wellington and Sydney-listed firm revealed that the mid-day exercise is due to see the South Australia venue launch ...

Operating at 15% capacity Detroit casinos report $101.4 million in October revenue

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In Michigan, Detroit’s three commercial casinos have reported aggregate revenue of $101.4 million for the month of October while also receiving approval by the state’s Gaming Control Board on Tuesday for renewal of their operating licenses. MGM Grand Detroit, MotorCity Casino and Greektown Casino have been operating at 15 percent capacity since August 5 ...

Gambling Commission fines BoyleSports Enterprises £2.8 million for rules breach

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Boylesports Enterprise now faces tougher licensing conditions and a huge £2.8 million fine after the UK Gambling Commission completed an assessment of the company finding it in breach of money laundering rules. Both Boylesports.com and Boylecasino.com were found to be in violation of rules created to prevent money laundering practices. The Investigation The Gambling ...

Better Collective A/S spending as much as €44 million to buy Atemi Group

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Danish sportsbetting analytics firm Better Collective A/S has announced the signing of an agreement worth up to €44 million ($51.7 million) that will see it purchase iGaming lead generator Atemi Group. The Copenhagen-headquartered firm used an official press release to detail that the arrangement is to involve its immediate surrender of approximately €30.6 million ...