Miriam Adelson to sell Las Vegas Sands stock, to buy sports team

Miriam Adelson, philanthropist and wife of billionaire Sheldon Adelson, listens during a Presidential Medal of Freedom ceremony in the East Room of the White House in Washington, D.C., U.S., on Friday, Nov. 16, 2018. Andrew Harrer | Bloomberg | Getty Images Miriam Adelson, the largest shareholder of Las Vegas Sands, is selling $2 billion worth … Read more

Gambling streams are ‘part of the contract’ for Kick’s newest streamer

Nick “Nickmercs” Kolcheff recently inked a reported eight-figure deal with Twitch rival Kick. In a recent livestream, the Faze Clan co-owner and popular Call of Duty streamer said that, as part of his new deal, he will be running gambling streams. “The first question I’ve been seeing is like, ‘Nick, are you gonna do gambling streams?’” … Read more

Las Vegas Sands (LVS) reports Q3 earnings and strong Asia growth

Las Vegas Sands’ recovery from the Covid-19 pandemic is gaining steam, and Asia is a big reason why. The world’s largest casino company on Wednesday announced it pulled in $1.12 billion in third-quarter adjusted property EBITDA, a crucial measure of profitability in the gambling industry. That’s nearing pre-pandemic levels, off just 6% from the same … Read more

Hackers Rig On line casino Card-Shuffling Machines for ‘Full Management’ Dishonest

In September final yr, a scandal blew up the world of high-stakes, livestreamed poker: In a hand at Las Vegas’ Hustler Dwell On line casino, which broadcast its video games on YouTube, a relative novice holding nothing however a jack of golf equipment and a 4 of hearts efficiently referred to as the bluff of … Read more

ESPN betting sportsbook launches by way of Penn Leisure partnership

SportsCenter at ESPN Headquarters. The Washington Put up | The Washington Put up | Getty Pictures Disney’s ESPN is launching a betting sportsbook, placing the sports activities leisure unit deeper into the wagering world. U.S. playing firm Penn Leisure stated it’s partnering with ESPN to rebrand and relaunch its sportsbook as ESPN Wager. It is … Read more

China gross sales assist Starbucks, Yum, MGM, Disney, Tapestry

Pedestrians stroll previous Yum! Manufacturers Inc. Pizza Hut and KFC eating places in Shanghai, China. Qilai Shen | Bloomberg | Getty Pictures China is abandoning pandemic lockdowns, and U.S. firms like Procter & Gamble, Starbucks and MGM Resorts Worldwide say the nation’s restoration is boosting their total gross sales as shoppers of their dwelling markets … Read more