Category Archives: Online Casino Real Money No Deposit Australia

Amaya to Change Name to ‘The Stars Group’ and Move to Toronto, Eventually



PokerStars’ moms and dad business Amaya has announced it promises to just take the name of its most child that is valuable. The online gaming company that is home to the planet’s largest poker site will call itself ‘The Stars Group Inc.’

Amaya are moving to Toronto and changing its name, marking an era that is new the company’s history, one with distance from its beleaguered founder and former chairman and CEO David Baazov.

The move seeks to capitalize regarding the brand recognition of its most asset that is famous and, perhaps, distance itself from bad press surrounding former president and CEO David Baazov, that is embroiled in legal troubles.

News regarding the impending name-change was announced as Amaya delivered its Q1 financial report. Additionally revealed that the company would be relocating from Montreal to Toronto, a move which will allow it to ‘more effectively manage its business affairs.’

Rising Tides

The business reported strong results in Q1, with overall revenue up 10 % regarding the period that is corresponding year, to $317.3 million. On the web poker now makes up about just 69 per cent regarding the organization’s revenue, in the place of 75 percent a year ago.

This shift reflected the business’s growing diversification, through its online casino operations and BetStars sports platform that is betting more so than weakness in the poker market.

‘We continued our momentum within th Continue reading

Golden Entertainment Buys American Casino and Entertainment, Adding Stratosphere in Las Vegas to Gaming Portfolio



Las Vegas-based gaming distributor and casino conglomerate Golden Entertainment is adding to its holdings, the company announced on Monday. Stratosphere owner American Casino and Entertainment is being snapped up by Golden for an $850 million price tag, which includes $781 million on the table in cash, plus four million shares of the owner that is new stocks straight back to the seller.

The Stratosphere has an owner that is new after Golden Entertainment purchased the home along with three other resorts for $850 million in cash and stock.

When the deal is completed, Golden Entertainment will own eight casino resorts in total, with the best-known coming in the sale through the Stratosphere, which stands 1,149 feet high during the north that is far of the Las vegas, nevada Strip.

Created in Taverns and Supermarkets

The business’s other gaming properties come in Pahrump, Nevada and Flintstone, Maryland. Also in Golden’s pre-existing portfolio are PT’s Entertainment Group and its more than 50 Nevada-based taverns with gaming, plus the profitable lock on one of the largest gaming device distribution organizations in the usa, which brings slot devices to almost 1,000 supermarkets in Nevada and Montana.

Upon completion of the deal, Golden Entertainment will operate 15,800 slots, 114 table games, and over 5,100 hotel rooms in Nevada. Traded on NASDAQ, shares of Continue reading

Amaya to Change Name to ‘The Stars Group’ and Move to Toronto, sooner or later



PokerStars’ parent company Amaya has announced it promises to take the name of its most valuable child. The online gaming business that’s home to the world’s poker site that is largest will call itself ‘The Stars Group Inc.’

Amaya is moving to Toronto and changing its name, marking an era that is new the company’s history, one with distance from its beleaguered founder and former chairman and CEO David Baazov.

The move seeks to capitalize regarding the brand recognition of its most famous asset, and, possibly, distance itself from bad press surrounding former president and CEO David Baazov, that is embroiled in legal troubles.

Information of the impending name-change was announced as Amaya delivered its Q1 financial report. It also unveiled that the ongoing company would be relocating from Montreal to Toronto, a move that will let it ‘more effectively manage its business affairs.’

Rising Tides

The organization reported strong results in Q1, with overall revenue up 10 per cent regarding the period that is corresponding year, to $317.3 million. On line poker now makes up just 69 per cent of this organization’s income, in place of 75 percent a year ago.

This shift reflected the business’s growing diversification, through its online casino operations and BetStars sports platform that is betting more so than weakness in the poker market.

‘We continued our momentum into the first quarter as we perform Continue reading

Miami Beach Pushes Back Against Casinos, Approves Two Ordinances to Block Gambling



Miami Beach will probably make it extremely difficult for a casino to have a foothold in the seaside island city. Late week that is last a special meeting, the city commission voted unanimously in support of two ordinances that would ban all future efforts to get gambling into Miami Beach.

Miami Beach won’t be welcoming a casino to its shores anytime soon, as new city ordinances will block gambling projects from moving ahead.

The state senate’s consideration of expanding gambling and authorizing commercial casinos in South Florida has spurred local governments towards taking their own proactive measures though politicians in Tallahassee failed to reach a new gaming compact with the powerful Seminole Tribe during the 2017 legislative calendar.

Miami Beach first voted in early May to discuss adopting new land-use regulations that bar gambling venues within city limitations. May 13, the commission ratified two ‘future land use element’ chapters that mandate that ‘All casino and gambling operations … are hereby forbidden in just about any land use category in the City of Miami Beach.’

No Miami (Beach) Vice

Miami Beach is famed for the Art Deco roads, scantily-attired sunbathers, and flashy nightlife. However when it involves gambling, it’s no dice for South Beach residents and visitors.

The commission cited several reasons for voting to block future gambling projects from taking hold in Continue reading