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Even though Crazy Fox casino was launched in 2020, we already have a massive collection of over 1000 of the best online casino games from top industry providers – for instance, NetEnt, Microgaming, and Yggdrasil. We add new online casino slot games to our collection on a regular basis. Admiral Casino is an online casino run by Greentube Alderney Ltd. Here you can find the following: slots, casino games (incl. Live casino), roulette, blackjack and arcades. Among the most famous games we offer in our online casino are: the Book of Ra series, Rainbow Riches, Lucky Lady's Charm, Crazy Time, Starburst, etc.

Casino Connection is an online magazine focusing on gaming news, Atlantic City nightlife and entertainment, and comprehensive coverage of New Jersey’s online gaming industry. With a mixture of in-depth journalism and multi-media features, Casino Connection brings you complete coverage of entertainment, special events, nightlife, restaurants, promotions and of course, everything about gambling.

Roger Gros is publisher of Global Gaming Business magazine, the leading trade publication for the gaming industry. He has also been president of Casino Connection International, the magazines’ parent company since 2001. Prior to joining CCI, Gros was vice president of Casino Journal Publishing Group from 1984-2000, and was editor of Casino Journal, the National Gaming Summary and founding editor of Casino Player magazine. Gros was named “Businessman of the Year” for 1998 by the Greater Atlantic City Chamber of Commerce, and received the Lifetime Achievement Award in 2012 at the American Gaming Association’s Communications Awards. He is also the author of How to Win at Casino Gambling, published in 1996 by Carlton Books.

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Robert Rossiello is the art director for Casino Connection Online and a contributing editor for Global Gaming Business magazine. He designs and produces the supplemental magazines to Global Gaming Business: Casino Style, G2E Preview and Tribal Government Gaming. He also is a photographer for these magazines and their websites. Prior to joining Casino Connection in 2003, Robert worked for over a decade in casino marketing and customer service for such Atlantic City properties as Tropicana Casino Hotel, Trump Taj Mahal and Bally’s Atlantic City.

Marjorie Preston started working in her first newsroom at the age of 19. A longtime journalist and reporter, she joined Global Gaming Business in 2007 as managing editor of Casino Connection. She has contributed to many regional and national magazines including Atlantic City Weekly, Philadelphia Weekly, Ladies Home Journal, Fitness, and New Woman. She is currently Global Gaming Business’ managing editor.

Becky Kingman-Gros is the COO of Casino Connection International, LLC. Becky started her 25-year career in publishing working for a small publisher that produced several weekly newspapers. During her tenure, she held positions in accounting, advertising and circulation. She moved on to work for Logical Solutions International, a hardware and software solutions provider, to the gaming & hospitality industries, and Morowitz Gaming, a consultant to the casino industry. This combined experience laid the groundwork for establishing Kingman-Gros as a leader with a unique understanding of this niche market. Becky has been with CCI since its inception and continues to strengthen the core focus of the company.

Terri Brady has been in the gaming industry for over 25 years. She has been responsible for developing and implementing company sales objectives, launching new product lines and driving company revenue. Brady previously held positions with Aruze Gaming America as the Vice President of Sales for US and Canada, Director of Sales at Cyberview and Director of Sales for Aristocrat Technologies Inc. Brady graduated from the University of Nevada Las Vegas, with a Bachelor of Arts degree in Communication Studies.

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For Advertising Information Contact:

Terri Brady
Director of Sales & Marketing
702-248-1565 ext. 227
Tbrady@ggbmagazine.com

Click here for Casino Connection’s Online Media Kit 2020.

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It may sound confusing at first, but you be the judge.

In 2018, Vegas-based MGM Resorts International and U.K.-based Entain Plc—formerly GVC—went halfsies on a sportsbook dubbed BetMGM. The sportsbook and its companion online casino have done well in a crowded field.

Now another sportsbook, DraftKings, has reportedly offered more than $20 billion to buy Entain. The offer is a mix of cash and stocks, mostly the latter. The offer eclipses the $18 billion value of Entain, according to CNBC.

If the offer goes through—and that’s a big if—Entain and DraftKings might live happily ever after, but for one nagging thorn. MGM still owns half of BetMGM.

Is this making any more sense?

Just speculating, but one avenue for MGM Resorts could be to offer more than $20 billion to acquire Entain. The company pitched $11 billion to Entain in an offer that was roundly rejected. You can see why now. According to SBC News Entain Chairman Barry Gibson said the offer “significantly undervalued the company’s future growth prospects.”

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One thing is certain. MGM isn’t going to roll over while DraftKings flexes its muscle. Here’s what the company said in a statement:

“MGM is Entain’s exclusive partner in the U.S. online sports betting and iGaming market through our highly successful 50/50 joint venture BetMGM LLC. As a consequence, any transaction whereby Entain or its affiliates would own a competing business in the U.S. would require MGM’s consent. MGM’s priority is to ensure that BetMGM continues to capture the growing online opportunity.”

Truth be told, MGM wants a controlling interest, not halfsies. BetMGM generated net gaming revenue of $357 million in the first six months of 2021. The sportsbook is projected to rake in more than $1 billion in revenue next year.

After an initial slow start, BetMGM has emerged as a significant player. In June, it was the third-largest operator in sports betting in the U.S., after FanDuel and DraftKings, and No. 1 in online casino games, according to the research firm Eilers & Krejcik.

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“MGM will engage with Entain and DraftKings, as appropriate, to find a solution to the exclusivity arrangements which meets all parties’ objectives,” the gaming company said.

As recently reported by Inside Asian Gaming, MGM has also flagged a global vision for BetMGM as part of its long-term expansion plans.

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“We could see this as a positive for MGM if they walk away owning 100 percent of BetMGM,” said Barry Jonas, an analyst with Truist Securities.

As of last week, DraftKings had no comment on its reported bid. The sportsbook has until October 19 to confirm if it will make an offer, Jonas said.

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DraftKings could end up with Entain’s non-U.S. businesses, which would fill its coffers, including proceeds for Entain’s sale of its share of BetMGM, according to CDC Gaming Reports. “It would accelerate a move to profitability, helping fund growth with international cash flow,” Jonas said.

“We have indicated that MGM could make another bid for Entain, especially as the company has meaningfully improved its capital structure,” Jefferies’ analyst David Katz said. “We believe Entain is an attractive takeout target, given its strong track record and growth profile, as well as its proprietary tech stack.”

What happens if the deal does go through? DraftKings and MGM would be partners in BetMGM.

“Given the joint venture between Entain and MGM, the acquisition of Entain by DraftKings or another party raises the matter of how the joint venture is aligned going forward,” Katz said.

If the transaction were to occur, Katz asked, what might be the response of other players such as FanDuel, Caesars Entertainment, Penn National and Hard Rock?

“We are already seeing Penn broadening its purview through the acquisition of Score Media and Gaming,” Katz said. “Is the focus continuing on gaining more market share or technological capabilities? One could argue both in acquiring Entain, but whether others are positioned with leading technology and content to win and maintain leading share over time remains an open debate.”

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Brendan Bussmann, director of government affairs for consulting firm Global Market Advisors, said DraftKings and MGM may have different views on how to deal with a sportsbook.

“I would be hard-pressed to see something like this going through for a couple of reasons,” Bussmann said. “Number one, you have two giants (MGM and DraftKings) who don’t necessarily see eye to eye on how they address sports betting. And number two, you probably have some regulatory hurdles because of market share. You would have to have regulatory approval within states where they operate and SEC approval at some point.”

Last Tuesday, Jonas said it would be “a positive” for MGM if it ends up owning 100 percent. “While MGM could still offer a competing bid for all of Entain, we think it makes more sense for them to just buy Entain’s 50 percent share of BetMGM. MGM owning all of its online business would be a clear long-term positive, in our view, though price would obviously be an important factor.”