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Casino News August 2017

Mon 21 August 2017 Casino News August 2017

Youbet.com says its Oregon-based wagering hub will launch early, one of the Internet's largest sportsbooks buys a heavyweight competitor, A new online poker room kicks off a $1 million tournament, Harrah's debuts "The Price Is Right" in the Midwest, progressive Pai Gow comes to Atlantic City and a new casino opens in Southern California.

Youbet.com, a provider of online betting services for wagering on horse races held throughout North America, announced that it will launch its Oregon-based wagering hub in late August--a month earlier than anticipated. The hub, under development since May, will enable bettors to wager by telephone and Internet on races at 81 racetracks in 39 states.

Alderney-based Internet sportsbook Sportingbet has purchased Costa Rican Internet sports betting company SportsBook for £35.9 million. Gaining 347,650 new customers, Sportingbet will achieve substantial synergy benefits. SportsBook operates three main websites: sportsbook.com, wallstreet.com and playersonly.com.

PartyPoker.com, an Internet poker room launched July 15, has kicked off what it calls the biggest online poker tournament in the history of the Internet. The site's new software, designed with user behavior in mind, aims to protect against collusion and enables players to set up private rooms. The $1 million tournament commenced yesterday.

Zetters, with plans of developing an international trading, betting and gaming business, has launched IFX Financial, a new company that provides financial spread betting services. Catering to high-end bettors, the services will initially be telephone based. The company says it will eventually facilitate online spread betting as well.

After experiencing great success with the installation of "The Price Is Right(TM)" video slot machines across the country, Harrah's will now be the first casino to feature the new game in Indiana and Illinois. Harrah's holds an exclusive agreement with the game's manufacturer, IGT, to release the game and all of its subsequent variations.

Gold Club Casino (www.goldclubcasino.com) has added yet another super hot slot machine, "4 Reels Drive," to its game selection. The new game features a "Mega Jackpot" of 10,000 coins.

King Solomon's Online Casino (www.kingsolomons.com) this week announced the launching of an eye-catching $10,000 bonus promotion. Throughout August, gamblers who win over $50,000 by playing any of the site's progressive games automatically receive $10,000 free for their loyalty.

Mikohn Gaming has received approval from the New Jersey Casino Control Commission to begin field testing its new progressive jackpot Pai Gow Poker(TM) game in Atlantic City. It will be the first electronic Pai Gow game with a progressive jackpot feature.

Park Place Entertainment Corp. will feature the new game at its Caesars Atlantic City Bally's Park Place properties. Atlantic City was chosen because of its large Asian player base and the popularity of the game Pai Gow poker there.

Even though there are several Pai Gow games in U.S. casinos, Mikohn is introducing the first with a progressive feature. The game is expected to build progressive jackpots averaging $250,000.

Harrah's Entertainment Inc. announced that it will hold official groundbreaking ceremonies for construction of a permanent casino and luxury resort hotel on the Rincon Band of San Luiseno Mission Indians Reservation in Southern California on July 31. The $125 million facility will feature 45,000 square feet of gaming space, over 1,500 slot machines, 30 table games, 200 luxury rooms, and six restaurants.

The casino will bring 1,000 jobs to the area.