Day: 16 May 2018

The Chairman of Wynn Macau, Allan Zeman, revealed that non-gambling operations would be a crucial part of the future of Macau’s casino industry. Mr. Zeman further explained that Wynn Macau has already started working on two sites in close proximity to Wynn Palace. He also revealed that the company is making plans for non-gaming facilities’ development, with the venues’ design being considered at present times. The Wynn Macau’s Chairman gave an example with Las Vegas-located casino resorts, sharing that non-gambling operations currently account for approximately 60% of operators’ overall revenue.…

According to media reports, Paddy Power Betfair has entered negotiations for the acquisition of the online daily fantasy sports (DFS) operator FanDuel in an attempt to take advantage of the recently-lifted federal ban on sports betting in the US. Rumour has it that the two parties have already been close to completing a deal, but a person close to the UK and Ireland-based sports betting operator explained that the purchase talks with FanDuel are still ongoing. Earlier today, the company itself confirmed the rumoured deal, saying that it is currently…