The transaction that saw Blackstone sell The Cosmopolitan of Las Vegas for $5.65 billion was the “most profitable single asset sale ever” for the company’s real estate business, Blackstone said in an earnings report Thursday. The high-priced transaction included a $1.625 billion lease-back deal for MGM Resorts International to acquire its operations in May. Though Blackstone did not disclose the profits from the
Professor I. Nelson Rose, Gambling and the Law How do you know Macau casinos are in trouble economically? Well, if a major news source says there is a “silver lining” in being shut down that may be an indication. And that’s what the Asia Gaming Brief did then they published an article titled “Macau Casino
July 22, 2022 Without question, the 2022 World Series of Poker (WSOP), the first year it took place on the Las Vegas Strip, was a rousing success. There were so many memorable moments, more than we could possibly capture in one reasonable article. So we’ll stick with the stories that seemed to most capture the
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While sports betting won’t start in Ohio until January 2023, the process for getting the industry up and running is well underway. The Ohio Casino Control Commission has now released the list of applicants for licensing in the state. Operators can apply for online sports betting licensing, retail services, and sports gaming lottery products. Who
Our guest this week is Norman Zadeh. Norman is a former mathematics professor, and longtime gambler. He wrote one of the first math based poker books back in 1974. He has been a winning gambler at backgammon, poker, and sports betting. We welcome your questions – send them to us at [email protected], or you can
In recent years, various arms of the Danish government have been participating in and helping the Ministry of Justice develop a nationwide strategy to defeat money laundering and any potential to wittingly or unwittingly assist in financing terrorism. The Danish Gambling Authority, Spillemyndigheden issued a brief statement on 20 July announcing its intent and happiness
If Casino Nova Scotia Sydney and its sister casino in Halifax are not enough, then keep reading because we listed a few other gambling options in NS, Canada. We also considered all players who can’t visit a Nova Scotia casino and added a few online casinos opened for Canadians. At the end of the article,
The Executive Director of the MLB Players Association, Tony Clark, has shown concern regarding the sport’s increased commercial deals with sports gambling companies. Before Tuesday’s All-Star Game, the executive was asked whether he was getting concerned with the gambling relationships, which have increased since the U.S. Supreme Court ruled in 2018 to overturn the Professional and
Thought we were past the dangers of Covid lock-downs? So did we! But now, casino operators like MGM, the Las Vegas Sands, and Wynn Resorts are learning the hard way that the Coronavirus can still hurt them… even from thousands of miles away. Casinos in Macau have been dark for several days now, shut down
April 26, 2022 The ever-popular Unibet Open returns to Malta for the fifth time in September and everything points to it being an incredible stop, not least because this is the 15th season of the Unibet Open in addition to Unibet Poker celebrating its 25th anniversary. September 29 through October 2 are the dates the
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Basic Rules Of Blackjack You MUST Know! Welcome back to Business Craze, today on the channel we are going to be diving deep into the world of blackjack. Blackjack is one of the most popular card games over the years and it is one of the most played inside casinos and it’s no wonder why
In the American state of Wisconsin and the Menominee Indian Tribe has announced the signing of a deal that is to see it again work with Hard Rock International in hopes of being given permission to bring a tribal casino resort to the city of Kenosha. The federally-recognized tribe used an official Wednesday press release
On Tuesday, July 19th, 2022 F. C. Barcelona announces the superstar striker, Robert Lewandowski, finalized his transfer from Bayern Munich to Barca on new 4 – year deal. This is the fifth excellent move made by Barcelona during this 2022 offseason as they are gearing up to challenge the Spanish La Liga League as well
If you’re an OG gamer, your first foray into the world of gaming may have been spent in a noisy arcade, playing as Pac-Man, the hungry circle munching on delicious, golden dots while being chased by ghosts. Or, if you were one of the lucky ones who had their own gaming device, you’ll likely be