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June 19, 2023
June 19, 2023

MGM Resorts’ Table Games new rules allowing guests to take photos and videos

MGM Resorts’ Table Games Operations Department has implemented new rules allowing guests to take photos and videos at its Las Vegas casinos, according to a memo obtained by Casino.org. The policy, set to launch in May 2023, aims to enable guests to capture and share content in real or near real-time on social media while limiting associated risks. Under the new rules, players will not be able to use video or their devices in a way that affects gameplay. However, they will be allowed to engage in activities previously prohibited at table games. While MGM is relaxing etiquette rules, certain guidelines remain in place. Players cannot leave objects on the table for an extended period, have prolonged phone conversations while seated, or record gaming equipment […]
June 19, 2023
June 19, 2023

PointsBet Considers Last-Minute DraftKings Offer While Recommending Fanatics Bid

The board of PointsBet has announced its intention to explore a last-minute offer by DraftKings while continuing to recommend the bid from Fanatics, at least for now. PointsBet, an Australian company, issued a press release stating that it will engage in discussions with DraftKings regarding its $195 million offer to purchase PointsBet’s US assets. However, since the DraftKings offer is non-binding, PointsBet’s board maintains its recommendation for shareholders to approve the earlier $150 million offer from Fanatics, pending the outcome of the negotiations with DraftKings. PointsBet’s directors, after consulting with the company’s financial and legal advisors, have determined that the DraftKings proposal could potentially lead to a superior proposal, as defined in the company’s previous ASX release. Following this announcement, PointsBet’s stock experienced an upward […]
June 17, 2023
June 17, 2023

888 Investor Action

Hedge fund HG Vora Capital Management has revealed a stake of 5.5% in 888 Holdings, making it the latest activist investor to join the company’s shareholder register. This comes shortly after the news of a 6%+ holding in 888 by a group of gaming executives led by Lee Feldman and Kenny Alexander. HG Vora increased its existing minor stake in 888 following the announcement from Feldman and Alexander’s FS Gaming Investments. Sources suggest that HG Vora is supportive of FS Gaming’s efforts to appoint Alexander as CEO, Feldman as chair, and Stephen Morana as CFO. HG Vora has previously invested in companies such as Penn National and William Hill. The news of the stake has led to a rise in 888’s share price, which has […]
View NFL Weekly Projections
June 19, 2023
June 19, 2023

MGM Resorts’ Table Games new rules allowing guests to take photos and videos

MGM Resorts’ Table Games Operations Department has implemented new rules allowing guests to take photos and videos at its Las Vegas casinos, according to a memo obtained by Casino.org. The policy, set to launch in May 2023, aims to enable guests to capture and share content in real or near real-time on social media while limiting associated risks. Under the new rules, players will not be able to use video or their devices in a way that affects gameplay. However, they will be allowed to engage in activities previously prohibited at table games. While MGM is relaxing etiquette rules, certain guidelines remain in place. Players cannot leave objects on the table for an extended period, have prolonged phone conversations while seated, or record gaming equipment […]
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June 19, 2023
June 19, 2023

PointsBet Considers Last-Minute DraftKings Offer While Recommending Fanatics Bid

The board of PointsBet has announced its intention to explore a last-minute offer by DraftKings while continuing to recommend the bid from Fanatics, at least for now. PointsBet, an Australian company, issued a press release stating that it will engage in discussions with DraftKings regarding its $195 million offer to purchase PointsBet’s US assets. However, since the DraftKings offer is non-binding, PointsBet’s board maintains its recommendation for shareholders to approve the earlier $150 million offer from Fanatics, pending the outcome of the negotiations with DraftKings. PointsBet’s directors, after consulting with the company’s financial and legal advisors, have determined that the DraftKings proposal could potentially lead to a superior proposal, as defined in the company’s previous ASX release. Following this announcement, PointsBet’s stock experienced an upward […]
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June 17, 2023
June 17, 2023

888 Investor Action

Hedge fund HG Vora Capital Management has revealed a stake of 5.5% in 888 Holdings, making it the latest activist investor to join the company’s shareholder register. This comes shortly after the news of a 6%+ holding in 888 by a group of gaming executives led by Lee Feldman and Kenny Alexander. HG Vora increased its existing minor stake in 888 following the announcement from Feldman and Alexander’s FS Gaming Investments. Sources suggest that HG Vora is supportive of FS Gaming’s efforts to appoint Alexander as CEO, Feldman as chair, and Stephen Morana as CFO. HG Vora has previously invested in companies such as Penn National and William Hill. The news of the stake has led to a rise in 888’s share price, which has […]
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Read more