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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.
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To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.
NBA : Warriors Win the West; NBA Finals Next -
The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.
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Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
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PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
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