Archive for the ‘Slots Of Vegas Casino’ category

FanDuel Signs Partnerships with 15 NFL Teams

March 5th, 2020

The Packers are one of the main NFL teams to sign partnership agreements with FanDuel.

FanDuel and DraftKings seem to be locked into a battle over which daily fantasy sports site can find bigger and better partners for their brand.

This week, it absolutely was FanDuel making waves, due to the fact larger of the two major daily fantasy brands scored a partnership with roughly half of this franchises in the National Football League, ensuring they’ll have branding in many stadiums for the season that is coming.

The new deal will enable FanDuel to possess signage in stadiums, use radio and digital advertising, and work on promotions with the individual groups.

However, the deal isn’t without conditions, also it’s clear that the NFL is still being slightly cautious whenever it comes to allowing the daily fantasy sports industry to be an integral part of their league.

FanDuel is Not Official Sponsor for Teams or League

Underneath the current contract, NFL team logos still cannot be utilized by FanDuel, either in advertising or on their web site. FanDuel also will not be considered an ‘official’ sponsor of either the NFL or any team that is individual.

These are similar to the restrictions that are put on relates to casinos and other gambling venues whenever they reach marketing agreements with NFL teams.

‘A group sponsor is a company that may utilize the group logo or say, ‘We are the formal (company) associated with group,” NFL spo » Read more: FanDuel Signs Partnerships with 15 NFL Teams

First Massachusetts Casino Expected to Start in June

March 5th, 2020

The Plainridge Park Casino is still scheduled to be opened this June.

Massachusetts casinos are likely to shake up the regional casino market, potentially drawing clients from Connecticut, ny and other states while maintaining neighborhood gambling dollars in their state.

And while it’ll still be some time before major casino projects in Springfield as well as the Boston area are completed, the very first salvo in brand New England’s casino wars is still expected to be fired this summer.

According to Penn National Gaming, the Plainridge Park Casino is on schedule to be opened by 24 june.

That is notable not because the project is on time, but as a result of the weather that is historically bad throughout a lot of New England this previous winter, where many locations recorded a few of the snowiest and coldest weather in history.

Construction: On Time, Over Budget

That weather is probable to delay numerous construction projects through the entire region, but didn’t slow down the building of the slots parlor.

The facility will maybe not manage to offer dining table games, but will have other electronic devices along with slots; two full casino resorts have already been approved in their state, and a third could still be certified later this year.

However, the report that is public Thursday did observe that the estimated expense of building the facility has increased over the final few months.

The price tag is $25 million m » Read more: First Massachusetts Casino Expected to Start in June

South Korea Mohegan Sun Mega Casino Bid Would Land Near Incheon Airport in Seoul

March 5th, 2020

Incheon Airport, into the South Korean money of Seoul, could 1 day host Mohegan Sun’s planned casino resort. The air travel hub draws many millions of key Asian visitors each year.

Mohegan Sun may have lost the battle for the Massachusetts casino, but that hasn’t stopped the company from bidding for a wildly ambitious $l.6 billion new project in South Korea.

The tribal gaming operator is proposing to make the country’s largest gambling resort at one of many planet’s travel hubs that are busiest, Incheon airport terminal, close to the country’s capital town of Seoul.

The casino would function as centerpiece of an even larger development that will incorporate a twin-tower luxury resort with 1,000 rooms, a 20,000-seat arena, an entertainment park, and nearly 200,000 square feet of retail, food, and activity space. The casino it self would house 50 blackjack and roulette tables, and 1,500 slot devices.

‘It’s going to be a dazzling, multifaceted destination casino resort,’ Mitchell Etess, chief professional of the Mohegan Tribal Gaming Authority, told the Boston Globe. ‘High-rollers can get on a jet that is private land, and check always right into the hotel. It’d be perfect for James Bond.’

(We wonder if Bond is still playing poker fingers such as the one that won him €115 million in the infamous Casino Royale scene where he overcome out a table of flushes and complete houses because of » Read more: South Korea Mohegan Sun Mega Casino Bid Would Land Near Incheon Airport in Seoul

Caesars Entertainment Money Laundering Allegations Could Cost Operator Millions in Fines

March 5th, 2020

Caesars is probably to pay an excellent of between $12 million and $20 million for failing to implement proper anti-money laundering measures at their flagship Las Vegas property.

Caesars Entertainment Corp. could be subjected to millions of dollars in fines as the company tries to settle money laundering allegations it faces from the authorities. The gaming operator is in talks with US authorities over just how to settle the claims, which could lead to a fine somewhere into the array of $12 million to $20 million.

Talks, which were conducted involving the Financial Crimes Enforcement Network (FinCEN) of the US Department of the Treasury, were lately held on 29 and were revealed in the company’s latest Securities and Exchange Commission filing april. A federal grand jury investigation to the allegations is also ongoing.

‘The company and Caesars Palace have already been completely cooperating with both the FinCEN and grand jury investigations since October 2013,’ Caesars said in its filing.

Investigation Began in 2013

Back in 2013, FinCEN first informed Caesars that it was investigating the ongoing company for alleged violations regarding the Bank Secrecy Act, an anti-money laundering law. During the time, it was unclear what, if any, penalties would emerge through the research.

FinCEN has long felt that casinos did a poor job of preventing money laundering at their establishments. » Read more: Caesars Entertainment Money Laundering Allegations Could Cost Operator Millions in Fines