Lepik Wins Unibet Open, Copenhagen

Kaarel Lepik from Estonia had an epic battle in the Heads-up of the Unibet Open Copenhagen’s main event and went on to win it.


He entered the Copenhagen Circuit along with 5 other players who were looking to get a qualification to play the main event. He was the only player from the group of six to qualify for the main event and to finally make it to the top. He had a really fierce battle with Sigurd Carlsson and overcame his opponent from the Faroe Islands after trailing him for a long time in the heads-up.

Peter Harkes, the 2011 Unibet Copen Riga winner, was also at the final table and was looking to bid for his second Unibet Open title. But, he had to finally settle for the third place. The chip leader of the final day, Monica Vaka, did not have a good showing at the final table and had to settle for the seventh place. If she was able to show the poker form that she displayed to become the chip leader, she would have become the first female to ever win the Unibet Open title Continue reading “Lepik Wins Unibet Open, Copenhagen”

Merging Of Casinos In $1.7B

There was an announcement made this week about Eldorado Resorts acquiring the Isle of Capri Casinos in a deal which is $1.7 billion worth.


The merger is inclusive of long term debt of $929 million of Isle of Capri along with its subsidiaries as stated by the companies. After the transaction gets completed, Eldorado will reap benefits through high geographic and operational diversity as there will be inclusion of 13 casino resorts in its portfolio. This would be applicable for 20 properties in total in 10 states. Eldorado has already been operating several casinos between Nevada, Reno and West Virginia, Ohio and Pennsylvania. The revenues would have been around $1.8 billion if the revenue from the companies is combined together in 12 months before July.

The purchase of Isle of Capri will certainly mean a transformation in terms of growth opportunity for Eldorado. It is indeed an important milestone towards the achievement of long term strategies for expansion of gaming platform as per the CEO of Eldorado. Gary Carano also said that the company has created best value for their shareholders in the last 2 years. The Eldorado Resorts will expand eventually from what it was. From 2 fully owned properties along with 50 percent interest in the 3rd property in 2 markets in 2014 to around 20 properties in 10 different states soon after the completion of the transaction. Continue reading “Merging Of Casinos In $1.7B”

Macau brings in top gambling regulator

The world’s biggest gambling center has a brand new leader for its regulative body.

Asia Gaming Brief’s report suggested that Assistant Public Prosecutor-General Paulo Martins Chan will run Macau’s Gambling Inspection and Coordination Bureau effective 1st Dec.
Manuel Joaquim das Neves, the current gambling regulator, who has been at the head of Gaming Inspection and Coordination Bureau for around 18 years and has seen Macau’s historic rise and also dealt with its accompanying challenges, last month said that he would retire. His term is over on 25th Nov.

Continue reading “Macau brings in top gambling regulator”