Welcome to this week’s gambling news video and podcast. As we get into the middle of July 2020, we are starting to see more positive news in the land casino gambling industry and the online casinos and overall real money gambling business. If you are familiar with our weekly gambling news video and podcast, you may know we like to cover four news stories. Additionally, we like to tell you the newest online slot machines that came out over the past week. In the first story, we discuss how Eldorado Resorts Inc. inks a multi-Billion casino deal that receives approval in Indiana. After that, we cover how Russian and Ukrainian Ping Pong is coming off the New Jersey Sportsbooks betting board amid match-fixing allegations. After that, we cover the gambling news how The Pennsylvania Gaming Control Board is setting an auction date for a mini-casino license. Lastly, we discuss Tilman Fertitta’s new Golden Nugget online gaming stock is grabbing bettors and investors’ attention.
Before we get right into this week’s gambling news video and podcast, we want to tell you about a few new online slot machines. Last week, Relax Gaming released the Marching Legions slots game. However, Ainsworth came out with Viking Reign. Lastly, Barcrest released the Rainbow Riches Cluster Magic slot machine game. Now, let’s dig into week’s gambling news video and podcast.
If you have been following the big real money gambling deal that Eldorado Resorts Inc. has waiting on, we are excited to tell you the Indiana Gaming Commission appears to approve Eldorado acquiring Caesars Entertainment for $17.3 billion. Caesars and Eldorado climbed a big mountain together, going through the showdowns amid the coronavirus outbreaks. However, it appears that the Indiana Gaming Commission clears their last hurdle.
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As live sports shut down amid the coronavirus outbreak, real money sports gamblers looked to exotic ways to make their real money wagers. One of the ways the gambled was betting on Russian & Ukrainian Ping Pong matches. However, it appears that the New Jersey Sportsbooks pull Russian & Ukrainian Ping Pong off their online betting board amid match-fixing allegations.
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In Pennsylvania, they have made tons sweeping changes to gambling legislation in the several years. Furthermore, the state put together a 10 mini-casinos package. These mini-casinos have a limit to under one thousand slot machines. Also, they cannot have more than forty table games. Having said that, it looks like these mini casino deals may go through as long as they follow their guidelines. However, the minimum opening bid is over seven million dollars.
Tilman Fertitta From Landcadia Holdings owns a Golden Nugget Casino, the Houston Rockets, and many other businesses. Furthermore, he has his television show on CNBC and is well known as a Billionaire. Recently, Tilman Fertitta took his company to the latest publicly-traded US gaming market. Over the past few, the casino stock price jumped almost fifteen percent. The initial value of the new company was seven hundred forty-five million dollars. Currently, it operates in New Jersey as an online casino gambling as well as a sports betting site. Officially, the name of Golden Nugget Online Gaming the stock is the symbol GNOG.
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