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FOXWOODS BOSS EXPANDS ON INTERNET GAMBLING PLANS

4/19/2012 : FOXWOODS BOSS EXPANDS ON INTERNET GAMBLING PLANS
 
Growing competition is forcing eastern Connecticut land casino to consider online gambling and other changes.
 
Scott Butera, the chief executive of Foxwoods Resort Casino in eastern Connecticut says rising competition is forcing the company to consider online gambling and other changes.
 
Butera gave his opinions and thoughts on the issue during a web-based discussion Thursday with The Day of New London, pointing out that supply in the land casino business is clearly outpacing demand, creating increased competition, reports the Associated Press news agency.
 
Gambling has been legalised in Massachusetts and casinos in New York are taking a greater share of the market, he said, opining that additional venues and online gambling would have to be a part of Foxwoods' future.
 
Earlier this year the British online gambling group Sportingbet plc, which made its final exemption from US prosecution payment to the DoJ last month, was reported to be making good progress in collaborative negotiations with Foxwoods.
 
The British media reported that Sportingbet's talks with Foxwoods were at an advanced stage and involve the possibility of Sportingbet providing an online platform for intrastate poker and casino games over the coming months as part of a joint venture...clearly contingent on legalisation.

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Gambling News :

IS DAN BILZERIAN A POKER FISH? - Dan Bilzerian, the high profile Instagram legend, jet setting playboy and allegedly deadly online poker player who claims he accrued a $50 million fortune playing the game,

Vegas Crest online casino adds 30 new games - The Vegas Crest online casino has announced the addition of 30 new video slots to its games inventory from developers GameArt and Xplosive.

AMAYA C.F.O. RETIRES - Daniel Sebag, the Amaya online gambling group's first and only chief financial officer with ten years’ service under his belt, has retired, according to a company announcement Friday.

Is Sheldon Adelson in Favor of Trumo - With the inaugural presidential lunch coming to a close Friday afternoon, US Congressional reporter Paul Kane offered an interesting tweet, noting:

SD618 Massachusetts Online Gambling bill Updates - A few more details have emerged on Sen. Bruce Tarr's new online gambling legalization bill SD618 just filed in the Massachusetts Senate.

2017 $25,000 buy-in Aussie Millions Challenge event results - Taiwan poker pro James Chen has emerged victorious in the $25,000 buy-in Aussie Millions Challenge event after besting a field of 133 at the Crown in Melbourne.

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

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