The company behind the project, Udenna Corporation, expects to start the project in the near future.

Davao-based Dennis Uy aims to expand its Philippine operations. Earlier this year, Cebu City Council received an application from Udenna Development Corporation (Uy-owned holding company) requesting casino licenses from Philippine Audition and Gaming Corporation (PAGCOR), a Philippine gambling regulator. Authorities have already authorized the construction of a $341 million emerald resort and casino complex on […]

22-year long-term contract to operate the OLG slot in Woodbine, the OLG slot in Ajax Downs and the Mississaug casino located in the first casino in Mississaug

The two partners will take over the day-to-day operations of the aforementioned casino properties, and as you can recall, OLG has announced a modernization plan to spur new investments in the gambling industry in the province. OLG’s purchase announced that it has a total of more than 4,000 game consoles, including three slot machines and […]

He sees it as an avenue for Caesars Entertainment (NASDAQ:CZR) to unlock shareholder value in those businesses.

In a note to clients today, Wolfe Research analyst Jared Shojaian pitched the idea of Caesars entering into a 50/50 pact with William Hill (WMH), its sports betting partner. We think it would be beneficial to restructure the agreement with WMH to a simpler version, where a JV (joint venture) is created with 50/50 ownership, […]

In a bid to gain more players and pilfer some business from rivals along the way, MGM Resorts International’s M life Rewards will match guests’ tier status from competing customer loyalty programs through the end of this year.

The promotion is open to current and new M life members and is available in most states in which the gaming company operates. Only specified loyalty programs and tiers will be accepted. In order to participate in the promotion, a participant must visit a participating M life Rewards desk in-person and produce and present his/her […]

Dustin Johnson is the 2020 FedEx Cup champion. The world’s best golfer dominating the playoffs by winning two of the three events to go home with more than $15 million.

Johnson arrived at East Lake as the heavy favorite, as his lead in the points standings afforded him a two-stroke handicap advantage prior to round one. Johnson was at +185 to win the TOUR Championship in Atlanta, each $100 wager on those odds netting $185. Johnson has never played better. He won The Northern Trust […]

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