Tag Archives: Nevada Gaming Commission

Caesars takeover of William Hill set to go ahead after antitrust period cleared

The antitrust period for Caesars Entertainment’s takeover of bookmaker William Hill has been cleared, it was revealed this week. In a statement, the Nevada-based casino operator commented: “Caesars continues to progress through obtaining all necessary regulatory approvals required to close the transaction and is still aiming to complete the proposed combination in March 2021.” The antitrust waiting period is a …

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Golden Entertainment closes in on $850 million acquisition

After the Nevada Gaming Commission unanimously approved the deal last Thursday, Golden Entertainment is closing on a $850 million deal to purchase four new land based casinos. It’s anticipated that the acquisition of the Stratosphere Casino, Hotel & Tower, Arizona Charlie’s Decatur and Arizona Charlie’s Boulder, as well as the Aquarius Casino Resort in Laughlin, will double the revenue of …

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CG Technology facing $1.5m fine and removal of CEO

CG Technology has agreed to pay a $1.5 million fine in relation to charges of underpaying and overpaying certain bettors on the sportsbook. This comes just two months after the Nevada Gaming Control Board alleged that CG Technology had underpaid winning parlays by about $700,000 on more than 20,000 occasions from August 2011 to March 2015. The complaint also accused the …

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eSports operator Vulcun withdraws from Nevada

Fantasy eSports firm, Vulcun, have announced that they are withdrawing their services from the state of Nevada, and have moved to bar all state residents from playing in its paid fantasy leagues and tournaments. This news follows the decision of Nevada Gambling  Commission to classify the act of playing daily fantasy sports as gambling, meaning that it is now regarded in …

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Las Vegas bookmakers – Mayweather vs Pacquiao to reach NFL betting levels

As Las Vegas gears up to host the boxing fight of the decade between Floyd ‘Money’ Mayweather Vs Manny ‘Pac-Man’ Pacquiao on 2 May at the MGM Grand. The city’s licensed sportsbooks have stated that early bet wagering estimates of $50-$60 million may have been somewhat conservative. With less than nine days to go Las Vegas bookmakers have witnessed vast …

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