Financial News

PGRI Note: Horseracing tracks have been adding casinos to their product offering to try to attract new patrons. That strategy is being impacted by the opening up of more and more casinos. Churchill Downs appears to be doubling down on its ability to fight back and get the players to come to its venues rather than stand-alone casinos. Churchill Downs has a multi-prong “omni-channel” approach, which appears to be showing signs of success. Last quarter, its revenue spiked by 35% as a result of its acquisition of digital gaming operator Big Fish Games.

Financial News

A raft of big deals this year include the £2.3bn tie-up between Ladbrokes and Gala Coral in July, a £6bn merger of Betfair and Paddy Power in August, and GVC's £1.1bn ($1.5bn) acquisition of in September.

Financial News

In a statement released to the Hong Kong Stock Exchange, where shares of Wynn's Chinese subsidiary are publicly traded, Wynn Resorts said Dore "owes no money to the company and continues to operate at Wynn Macau."  In an interview earlier this year, Wynn Resorts Chairman Steve Wynn said the junkets that bring gamblers to his company's two Macau properties were cleared by Hong Kong law enforcement officials.

EL Congress 2015 in Oslo, Norway "Touch Tomorrow" Photo Collage

EL Congress 2015 - DAY 2 - PHOTOS in Oslo, Norway "Touch Tomorrow" Photo Collage



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