This is the day for anyone involved with horse. The dream is to win the Kentucky Derby, because there's nothing like it.
-- Billy Turner |
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4th May 2017 |
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The Story |
Casino operator Melco Resorts & Entertainment (MRE) is on a winning streak after it reported that it has generated revenue of $1.277b from January to March 31, 2017, a 16% increase over the same period last year. |
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Wow! How did MRE get those numbers? |
It can be traced to three factors: first, Studio City’s revenue went up to nearly $100m to $278m and its earnings tripled to $67.8m; second, Macau’s VIP gaming sector is on a roll; and lastly, Melco’s Manila property—City of Dreams Manila—experienced gains in its revenue and earnings. |
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Luck is really smiling on Melco’s way right now. |
We can say that’s the case. But Melco’s other Macau properties couldn’t say the same. Atira Macau reported a flat revenue of $109m while Mocha Clubs slots business also stayed at $31.1 m. |
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Of course, we know who really cashed in with Melco’s upsurge. |
It’s no other than MRE CEO Lawrence Ho. You can just imagine him doing a celebratory dance as MRE’s gains happened after his Melco International Development acquired majority control of the firm last December. |
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Takeaway |
The first three months of 2017 have been good to MRE. With the numbers clearly better than what analysts expected, Ho is reportedly opening a celebratory champagne somewhere. |
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Betting on Football conference 2017 day 2 recap |
CalvinAyre.com returned to London’s Stamford Bridge today to cover the day two of the Betting on Football Conference (BOFCON) 2017. Despite a heavy, previous night of official networking activities, the expo floor was busy and there was a solid turnout throughout the day in the Marketing & Media conference track and the Trading & Operations track. |
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Miami Beach sneakily moves to ban casinos |
While everyone is focused on Florida State’s failure to pass a gambling law, Miami Beach officials sneakily initiated a policy change that would shut down any casino applications. |
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Football Association to push for racing-style betting levy |
The English Football Association is reviewing is reflecting whether it is appropriate for the sports body to have commercial tie-ups with gambling and alcohol firms. |
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Vietnam busts Asia Live Tech-powered gambling site ibet789 |
Vietnamese authorities have busted an illegal gambling ring after authorities arrested a number of individuals accused of operating online gambling site ibet789.com. |
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Kentucky Derby |
There are four horses that are heavily favored to win the 143rd Run for the Roses at Churchill Downs on Saturday. The board is led by Classic Empire (+425) followed by Always Dreaming (+450), McCraken (+600) and Irish War Cry (+600). |
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Cinco de Mayo Weekend Boxing |
It’s the biggest fight in Mexican boxing history! Mexican boxing superstar and oddsmakers’ favorite Saul “Canelo” Alvarez will settle the score against Julio Cesar Chavez Jr. at T-Mobile Arena in Las Vegas Saturday night. |
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Richard Nixon funded his first congress campaign using $6,000 money he’d won playing poker with some of his former Navy colleagues. |
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When you provide a product that is niche, brilliant, or different, you are set to succeed as a new player. |
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Augmented reality: It is the integration of digital elements and information into the real world. |
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Juegos Miami is becoming the hub for LatAm gaming |
Kate Chambers is fulfilling one of its founding objectives to provide a focal point for discussions surrounding the regulation of gaming in the LatAm region |
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Calling all adrenaline junkies! Zoom to Alabama and witness the NASCAR Sprint Cup Series – Geico 500 at the Talladega Superspeedway on May 7!
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