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Wizard Of Odds Site Sold For 2 Million
Thursday December 18,2014 : TOP ONLINE GAMBLING INFORMATION SITE SOLD FOR $2 MILLION
Mike Shackelford’s “Wizard of Odds” has been a valuable and respected reference for years. Well if anyone wants a discount and wants to offer us 1.5 Million for this site your reading now, please email
In an interview with Mike “The Wizard of Odds” Shackelford this week the online gambling information site Casino Slots revealed interesting elements of the sale of the wizard’s expert information site recently for around $2 million to Joshua Chan.
The Wizard of Odds site has been a respected and valuable reference point for years, with Shackelford providing unbiased and professional views on matters gambling backed by solid mathematics and a knowledgeable insight into the industry.
Chan said he was attracted by the quality of information and advice on the Wizard site, along with its capacity to earn revenues, reputation in the industry and solid seo rankings. Chan bought four Shackelford sites, Wizard of Odds, Wizard of Macau, Las Apuestas.mx and Wizard of Odds Vegas, applying the expertise he has gleaned from three previous online gambling site acquisitions.
Shackelford and Chan started discussions in August this year, when the former decided that selling was an option for financial reasons. That was followed by serious negotiations that started with Chan offering a consideration of $1.6 million and involved several counter offers and re-offers in a climate where there were other interested bidders before a deal was struck.
At the time of the deal, Shackelford described the change to his readers, writing:
“Throughout the month of August and early September, I entertained several proposals to partner with other affiliate sites to help with the advertising. However, in the end, I concluded a clean sale would be best, with me working for a new owner on salary. This deal applies to all my Wizard sites: this one, Wizard of Vegas, Wizard of Macau and Las Apuestas.mx.
“That said, I'd like you to meet the new owner, Joshua Chan. You may know Josh as the owner of LatestCasinoBonuses.com and GamesAndCasino.com. He assures me he won't change the mission of the sites - to provide truthful, mathematically based strategies for the whole gamut of casino games. I have a long leash so I can keep providing content the way I've always done. I'm sure you'll see more content promoting Internet casinos, which is a cost of doing business.”
Read the full interview here:
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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