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Blackstone Group to Buy Bellagio and MGM Grand

Niji Narayan

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Blackstone Group to Buy Bellagio and MGM Grand
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Blackstone Group is going to buy the Bellagio and the MGM Grand, two of the biggest properties owned by MGM Resorts. Blackstone is in talks with MGM Resorts regarding this.

After buying, Blackstone would then lease the property back to MGM Resorts, who would continue to run the day-to-day casino operations.

By selling the property to Blackstone, MGM would free up needed capital to build a $10 billion resort in Japan. Early estimates have MGM receiving roughly $7 billion for the two casino resorts.

Blackstone has made a splash in the gaming market over the last several years. It purchased the Cosmopolitan Las Vegas in 2014 for $1.73 billion and acquired Spain-based Cirsa Gaming Corp in 2018 for $1.8 billion.

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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Gambling in the USA

IGT PlaySports Bank and PlaySports Pod Make World Debut at G2E 2019

George Miller

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IGT PlaySports Bank and PlaySports Pod Make World Debut at G2E 2019
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New sports betting hardware gives operators added flexibility for how and where they offer sports betting

International Game Technology PLC announced today that the Company will debut its latest sports betting solutions, the IGT PlaySports Bank and PlaySports Pod, at the Global Gaming Expo (“G2E”) this week in Las Vegas.

The PlaySports Bank and PlaySports Pod feature three intuitive, self-service betting kiosks and are topped with high-definition multi-media displays that can showcase a range of content including live sporting events, betting odds, lines, game day feeds and more. The PlaySports Bank is designed to go against a wall, while the PlaySports Pod can be deployed in a standalone setting.

“IGT PlaySports Bank and PlaySports Pod are designed to expand sports betting beyond the sportsbook. They provide our customers with creativity and control in designing their sports betting offerings while improving the player experience and reducing operating costs,” said Enrico Drago, IGT PlayDigital Senior Vice President. “We are excited to add the PlaySports Bank and PlaySports Pod to our market-leading PlaySports portfolio, as they offer a compelling way for our customers to benefit from new sports betting market opportunities.”

IGT PlaySports is currently powering sports betting in ten U.S. states. The Company will showcase the full capabilities of its PlaySports solution and sports wagering peripherals in booth 3659 at G2E. To learn why winners choose IGT PlaySports visit IGT.com.

 

About IGT:
IGT (NYSE:IGT) is the global leader in gaming. We enable players to experience their favorite games across all channels and regulated segments, from Gaming Machines and Lotteries to Digital and Social Gaming. Leveraging a wealth of premium content, substantial investment in innovation, in-depth customer intelligence, operational expertise and leading-edge technology, our gaming solutions anticipate the demands of consumers wherever they decide to play. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has over 12,000 employees. For more information, please visit www.igt.com.

The trademarks and/or service marks used herein are either trademarks or registered trademarks of IGT, its affiliates or its licensors.

 

SOURCE IGT

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Gambling in the USA

Playtech to showcase full suite of omni-channel solutions at G2E 2019

George Miller

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Playtech to showcase full suite of omni-channel solutions at G2E 2019
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Global leader opens first US office to replicate worldwide success in U.S. regulated markets

Playtech, the global leader in gambling technology, is set to demonstrate its truly omni-channel suite of integrated, innovative gaming and betting solutions, known in the industry as Playtech ONE, at this week’s Global Gaming Expo 2019 in Las Vegas.

Playtech ONE delivers the end customer a real time, seamless experience across retail and online and across any product vertical, including Playtech’s industry leading Casino, Live Casino and Sports Betting offerings.

Playtech ONE is underpinned by Playtech’s proprietary IMS platform, offering data driven marketing tools and player retention and engagement – including industry leading Responsible Gambling features to ensure a safer entertainment driven customer experience. Playtech offers U.S. licensees everything they need to deliver a seamless player experience anywhere, at any time and on any device through a single account and wallet.

With $1 billion traded globally on sports each month via Playtech’s retail and online sportsbook products, the supplier is helping U.S. operators develop powerful customer-facing products with digital and mobile software proven to generate incremental revenues.

Totaling a 60,000-strong kiosk distribution representing one in three of every bets placed in European venues, including Ladbrokes in the UK, OPAP in Greece, and Codere in Spain, the Playtech team will be on hand to demonstrate its comprehensive range of omni-channel technology, content and responsible gaming tools.

Coinciding with its opening of a NY-based HQ, Playtech’s full range of on-property sports betting products will take centre stage at G2E. Including kiosks, space-saving compact terminals, and over the counter tellers, the company is set to showcase its latest state-of-the-art features, including its new Flexi-Bonus Engine, which uses sophisticated rule-based promotional campaigns for maximum flexibility. Debuting alongside will be the company’s Operator Trading Tools, which allow all operators to adjust and skew odds, as well as add prop bets at the click of a button.

Playtech ONE will also make its first Las Vegas appearance, encompassing Live Casino and Casino. With its latest Live Roulette set to feature heavily, this highly immersive experience brings visuals, sound and dealer presentation together to deliver an engaging combination of visual appeal and innovative gameplay.

With nine distinct global studios now developing content under the Playtech umbrella, the world’s leading supplier is able to deliver bespoke titles in record time and under budget across a wide range of territories, as well as offering an unrivalled selection of games to suit a range of demands via its Open Platform.

Visitors can meet the Playtech team at booth 5323 to experience its complete range of fully integrated omni-channel sports betting and gaming products.

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Gambling in the USA

Table Trac to showcase DataTrac at the G2E Las Vegas

George Miller

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Table Trac to showcase DataTrac at the G2E Las Vegas
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Table Trac, Inc. announces that it will be showcasing the newest addition to CasinoTrac Casino management System, DataTrac at the upcoming Global Gaming Expo (G2E) conference October 15 – 17, 2019 at the Sands Expo in Las Vegas.

DataTrac provides valuable in-depth insight to the performance of the slot floor, pit, and player performance, in addition to measuring the success of current promotional strategies. DataTrac incorporates easy to read visualizations and dashboards and empowers users to get the most out of their data.

Keeping a properties information safe and secure is our top priority and DataTrac does just that! Enjoy peace of mind knowing that all your data stays on your property with no need for third party vendors or cloud services. DataTrac is fully integrated into the CasinoTrac Casino Management software, giving users the information they need to make decisions in real time.

For more information on DataTrac and CasinoTrac CMS, visit us at Booth 1636.

 

About Table Trac, Inc.

Founded in 1995, Table Trac, Inc. designs, develops and sells casino information and management systems. The company has systems installed with over 90 operators, representing more than 150 sites, in North, South, and Central America, as well as the Caribbean. More information is available at http://www.tabletrac.com/.

 

SOURCE: Table Trac, Inc.

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