Jon Sofen, Author at Online Gambling Sites

Posts by Jon Sofen:

Former MGM Resorts Exec Bobby Baldwin Hired as CEO of Drew Las Vegas

Bobby Baldwin, a former CEO of MGM Resorts, has been hired by the Witkoff Group to serve in a similar role for the upcoming Drew Las Vegas, a lavish hotel and casino that will, if things go as planned, open in 2022. The Drew, as it is affectionately known, is the new name of the […]

Posted on: November 3, 2019 | | Jon Sofen

Google to Lift Ban on Online Gambling Advertisement in US

Google is making changes to its terms of service that will make it easier for online gambling companies to market to consumers. The search engine giant previously banned internet gambling companies from advertising in the US. But that’s all about to change, and it could help lead towards an increase in gambling revenue. What’s the […]

Posted on: October 22, 2019 | | Jon Sofen

‘Stones Live’ Alleged Cheating Scandal Rocks Poker World

A poker player and commentator from Stones Gambling Hall in Northern California accused one of her fellow players of cheating during numerous live-streams on the poker show, “Stones Live.” And now the poker community has come together to bash the accused cheater. Veronica Brill – aka “Angry Polak” – was a commentator and regular poker […]

Posted on: October 14, 2019 | | Jon Sofen

The Stars Group $12 Billion Sale Generates International Mainstream Media Buzz

PokerStars has a new owner, as we reported last week. The Stars Group, owner of the world’s largest online poker site and other major internet casino brands, was sold to Flutter Entertainment for a nice cool $12 billion. No, that isn’t a typo. The massive sale now creates the largest online poker brand in the […]

Posted on: October 12, 2019 | | Jon Sofen

The Stars Group Sold to FanDuel Owner for $6 Billion

The Stars Group, parent company of the top online poker site in the world – PokerStars – has been sold to Flutter Entertainment, the company which owns the popular FanDuel daily fantasy sports website. This deal makes Flutter the world’s largest online gambling company. The Stars Group is one of the top brands in the […]

Posted on: October 6, 2019 | | Jon Sofen

Anti-Online Gambling Lobbyist Sheldon Adelson Takes Heat Over Shady Venetian Poker Tournament

Sheldon Adelson doesn’t run the day-to-day operations of the Venetian Poker Room in Las Vegas. But since he is the CEO and founder of Sands Corporation, the company that owns the Strip casino, and because of his anti-online gambling crusade, he’s taking some heat from the gambling world over a controversial poker tournament. Adelson, a […]

Posted on: September 30, 2019 | | Jon Sofen

Caesars Entertainment Sells Las Vegas’ Rio All-Suites Hotel and Casino for $516 Million

Months after rumors led many to believe the Rio All-Suites Hotel and Casino in Las Vegas would be sold, the property now has a new owner. Caesars Entertainment, one of the largest gambling operators in the world, has sold the iconic Vegas casino for $516.3 million. Caesars announced the finalization of the deal in a […]

Posted on: September 24, 2019 | | Jon Sofen

Online Gambling Market Expected to Exceed $102 Million By 2025

Sports bettors all across America are finding it much easier to place a wager, at least a legal one, these days. That is all thanks to a May 2018 ruling by the US Supreme Court to overturn a federal ban on sports betting outside of Nevada. The Supreme Court’s decision paved the way for individual […]

Posted on: September 21, 2019 | | Jon Sofen

New Jersey Online Gambling Revenue Tops $60 Million in August

Numbers don’t lie. August data indicates New Jersey’s online gambling market is not only thriving but continues to rise. And it appears there’s no stopping the industry from success in sight. The month of August was a rousing success for the Garden State from an internet gambling operator’s perspective – and for the politicians who […]

Posted on: September 18, 2019 | | Jon Sofen