Feb 18, 2025 3 min read Chamath Palihapitiya floated the idea of starting a unique high-limit poker tournament circuit that would prohibit players from wearing facemasks or using recreational drugs. The billionaire entrepreneur who is close friends with Phil Hellmuth tweeted out some general details about his proposed poker tour. He asked his followers to
Feb 18, 2025 4 min read Table Of Contents It has been a rapid-fire news week for the World Series Of Poker over the last seven days, and that’s only going to continue in the near future. Several big headlines dropped in quick succession. First, Maurice Hawkins won his 17th WSOP Circuit ring, putting him
Feb 18, 2025 4 min read Table Of Contents All-time bracelet leader Phil Hellmuth shocked the poker world Tuesday when he announced he will not be playing in the 2025 World Series of Poker (WSOP) Main Event due to its demanding structure. “It’s turned into an endurance test,” Hellmuth, who has played in every Main
From MGM Grand to the Venetian, we have the details on seven Las Vegas hotel expansions, all designed to elevate the guest experience. And adding to the excitement there are four new luxury resorts in the works, with plans to arrive in Sin City over the next few years. [embedded content] Las Vegas is always
Feb 18, 2025 3 min read Table Of Contents The third annual Charity Series of Poker (CSOP) Awards took place in Las Vegas and had some heavy hitters in attendance. Eleven-time World Series of Poker (WSOP) bracelet winner Phil Ivey headlined the Feb. 12 ceremony at Via Brasil Steakhouse in Las Vegas alongside a few
Bain Capital has taken over operational control of INSPIRE Entertainment Resort in South Korea from U.S. tribal casino operator Mohegan, following a loan covenant default by the resort’s parent company, MGE Korea Ltd. The move comes after Mohegan defaulted on a $275 million Korea Term Loan, triggering Bain Capital, its principal lender, to exercise
Virginia’s three land-based casinos reported $72.3 million in total gaming revenue for January 2025, marking a 36% increase from the $52.8 million recorded in January 2024, according to the latest Virginia Lottery report. Each casino saw a year-over-year increase in adjusted gaming revenue (AGR), with Caesars Virginia in Danville leading the market following its first full month at its permanent location. The
A ransomware attack disrupted operations at casinos and government services operated by the Sault Ste. Marie Tribe of Chippewa Indians in Michigan, with the cybercriminal group RansomHub claiming responsibility. The attack, which occurred on Feb. 9, reportedly locked critical systems and resulted in the theft of 119 GB of data (501,211 files), according to a
Pennsylvania bettors placed a record $101.5 million in wagers on Super Bowl LIX, which pitted the Philadelphia Eagles against the Kansas City Chiefs Super Bowl on February 9, according to the Pennsylvania Gaming Control Board. The figure marks a 20.4% increase from the previous record set in 2023, when the same two teams faced off
As Hong Kong officials gather public input on the upcoming budget, discussions on expanding the scope of legal betting have resurfaced, with renewed calls to permit basketball wagering through the Hong Kong Jockey Club (HKJC). Legislator Ronick Chan Chun-ying has once again proposed that the government consider allowing basketball betting, arguing that such a move could increase tax
The World Series of Poker (WSOP) has unveiled the full schedule for its 2025 edition, set to take place from May 27 to July 16 at Horseshoe Las Vegas and Paris Las Vegas. The 56th annual event, the world’s largest and most prestigious poker series, will feature 100 gold bracelet events, including the highly anticipated
Feb 18, 2025 3 min read Table Of Contents The World Poker Tour (WPT) and artist Daniel Arsham have collaborated on an exclusive, limited-edition poker set, with only 100 pieces available worldwide. The two have previously collaborated in 2023, with all WPT Season XXI winner’s trophies designed by Arsham. With only a few poker sets
The New Jersey Legislature is reviewing a bill that would expand betting opportunities in competitive video gaming, allowing players to wager on themselves or their teams while creating additional betting outlets, or “skins,” dedicated to esports. A key provision of the bill would allow competitors to place bets on their own performance or that of their team,
Churchill Downs, the iconic Louisville racetrack known for the Kentucky Derby, has announced the closure of its in-person sportsbook operations, pivoting away from retail betting in the face of overwhelming mobile wagering trends. Darren Rogers, spokesperson for Churchill Downs, stated that the decision was driven by the negligible share of in-person betting in overall sports wagering volumes. “With
Asia-Pacific Strategic Investments (APSI), a Catalist-listed company, has entered into two significant agreements with the Democratic Republic of Timor-Leste government to kickstart substantial economic ventures in the region. On February 8, 2025, the firm signed cooperation agreements with the vice prime minister, coordinating minister for economic affairs and minister of tourism and environment of the
With the latest edition of Regulating the Game fast approaching, to take place from March 10 to 13 at the Sofitel Sydney Darling Harbour in Sydney (Australia), Yogonet caught up with Paul Newson, Principal at Vanguard Overwatch, to learn more about this year’s conference highlights and why RtG is “THE event for anyone serious about
Robinhood is pushing for regulatory clarity on event contracts, including those tied to sports, after suspending its Super Bowl-related betting product earlier this month at the request of U.S. regulators, CEO Vlad Tenev said on Wednesday. The Menlo Park-based trading platform, known for its role in democratizing stock trading, had briefly offered sports event
Feb 18, 2025 3 min read Table Of Contents The PokerStars Bounty Builder Series wrapped up on February 17 with the crowning of the festival’s Main Event champions. In a stroke of coincidence, players hailing from Argentina triumphed in both the $109 and $1,050 buy-in Main Events. Between them, “Sucess005” and “EVOllOVE” took home $226,894.
Feb 18, 2025 2 min read Table Of Contents Strap yourself in and get ready to send your bankroll into orbit with the Galaxy of Aces promotion exclusive to 888poker players. Galaxy of Aces runs from February 18 through to May 17 and sees players play their way into $500, $3,000, and $25,000 freeroll tournaments.
In an ambitious move to carve out a significant niche in the global gaming market, Thailand has introduced stringent entry criteria for local residents wishing to access its upcoming casinos. Under new draft regulations released by the Office of the Council of State, Thai nationals are required to hold at least 50 million baht ($1.5 million) in fixed deposits for a minimum