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11 billionaires who are eying Online Gambling
Friday August 17, 2012 : BIG BUCKS INTERESTED IN U.S. INTERNET GAMBLING
Top business magazine identifies 11 billionaires who are eying the possibilities
Forbes Magazine is carrying a photo article that identifies 11 US billionaires whom it claims have more than a passing interest in legalised internet gambling.
Land gambling and property mogul Donald Trump and hedge fund billionaire Marc Lasry head the list with their previously announced intention to form a joint venture once American legalisation has been achieved.
Steve Wynn, another land casino owner has also shown on a number of occasions that he has identified the online gambling business as a lucrative business opportunity. Although he backed out of a deal with Pokerstars in the aftermath of Black Friday, he is still said to be interested.
Leon Black and David Bonderman are no strangers to the world of gambling, having taken their private equity firms into a $30 billion deal on Caesar's Entertainment (then Harrahs) several years ago. Despite struggling in a tough business environment, Caesars has been one of the companies leading the charge on pushing for the legalisation of online poker, and its interactive division has close ties with 888 Holdings.
The Fertitta brothers, Lorenzo and Frank have land casino interests in the Station Group and have already opened Fertitta Interactive, which holds the recently acquired Cyberarts poker software developer.
Real estate tycoons Steven Roth and Herbert Simon are also poised to become key players through their interest in the high profile US Digital Gaming, a potential software and services provider headed by former Wynn executive Richard Bronson.
Curiously - bearing in mind his oft-stated opposition to online gambling - the article includes Las Vegas Sands owner Sheldon Adelson, apparently reasoning that if the US legalises he would be unlikely to stand aloof from the opportunities it presents.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
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