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Industry
November 5, 2024
$3.1M Tax Refund in Nevada Reveals Regulatory Loophole
In a settlement reached on Monday, the Nevada Gaming Commission agreed to refund Nevada Restaurant Services Inc. (NRSI), the operator of 41 casinos under brands such as Dotty’s and Bourbon Street Sports, a total of $3,120,197.28 in overpaid taxes. These overpayments resulted from an accounting error, over-inflating its tax payments. NRSI Uncovered Two More Years […]
Casino
November 5, 2024
Marnell Family Secures Approval for Ely Casino Takeover
The founder and CEO of Marnell Companies and recognizable entrepreneur in Las Vegas and Nevada, Anthony Marnell III, recently received a green light for the acquisition of the Prospector Hotel & Gambling Hall in Ely. The Ely Casino Is a Unique Property A recognizable businessman, Marnell initially thought of buying the property back in 2019. […]
Business
October 10, 2024
Another Nevada Regulator Greenlights Sega Sammy’s Takeover of GAN
GAN Limited, a leading B2B provider of online gambling solutions and B2C sportsbook operator has confirmed that its merger with Sega Sammy has inched closer to realization. According to the gambling company it has finally secured a license from the Nevada gaming regulator, allowing the deal to move forward. The Deal Moves Forward Sega Sammy […]
Industry
May 17, 2024
IAC Chairman Barry Diller Secures Full Nevada Gaming License
Late last month, the Nevada Gaming Control Board (NGCB), recommended Barry Diller, the media mogul with an estimated net worth of approximately $4.1 billion according to Forbes, to receive an unlimited gaming license as a board member of the leading gaming and hospitality company, MGM Resorts International. Now, the Nevada Gaming Commission (NGC) approved the […]
Casino
February 26, 2024
Nevada Gaming Commission Changes Rules for Independent Agents
Across the globe, gambling operators enter into arrangements with individuals who help them bring high rollers to their casino floors. Companies that offer such activities are known as junket operators across Asia. In the United States, people who help bring high rollers to casinos are known as independent agents. It’s not a surprise that licensed […]
Industry
February 23, 2024
Gaming Industry Execs Secure Licenses from Nevada Gaming Commission
High-ranking officials employed by gambling operators across the United States often require licenses to hold specific roles. Such licenses are usually issued by the state’s gambling regulator and individuals that require licensing undergo an evaluation and assessment by the regulator. This evaluation includes compliance with the state and federal laws, as well as scrutiny when […]
Business
January 26, 2024
Nevada Gaming Commission Greenlights Licensing for Flutter’s Audit Chair
The listing of shares of Flutter Entertainment, the global gaming and entertainment company, on the NYSE is expected next week. Ahead of the upcoming listing, the company secured licensing for a board member and chair of its audit committee. The green light came from the Nevada Gaming Commission with the approval of Holly Koeppel as […]
Business
October 23, 2023
GAN Obtains Regulatory Approval from Nevada Gaming Commission
The leading international business-to-customer sports betting operator and North American business-to-business provider of real money internet gaming solutions, GAN, announced it achieved a major milestone in Nevada. The company revealed Friday that it secured regulatory approval from the Nevada Gaming Commission, the state governmental agency in charge of regulating gambling activities together with the Nevada […]
Industry
April 28, 2023
George Markantonis Joins Nevada Gaming Commission
George Markantonis, an entertainment and gaming industry veteran with decades of experience, joined Nevada’s state governmental agency tasked with the regulation of casinos, the Nevada Gaming Commission. The gaming executive was appointed to the commission by Gov. Joe Lombardo. Confirmation about the appointment emerged Thursday. Markantonis’ new role with the Nevada Gaming Commission is effective […]
Industry
December 23, 2022
Nevada Updates Gambling Regulations to Prevent Cyber Attacks
The Nevada Gaming Commission unanimously voted in favor of implementing updated cybersecurity regulations. The state’s casinos will need to introduce tighter control over their online operations to better protect against leaks of sensitive information such as client data. Industry representatives supported the changes, with most high-profile brands already featuring adequate data breach safeguards. Online Security […]
