States across the US are slowly embracing online sports betting and iGaming. One significant holdout is, not surprisingly, Nevada. However, after the state suffered catastrophic losses from the COVID-19 pandemic, the idea of allowing online casinos started to be floated. It’s a topic that isn’t without controversy, with hundreds of billions of dollars invested in […]
August was another good month for casinos and other gaming properties in Nevada. For the sixth consecutive month, the market collectively reported gross gaming revenue (GGR) of more than $1 billion, helping the Silver State continue to rebuild following the COVID-19 disaster. The Strip provided much of the boost, as entertainment venues came back to […]
There’s a paradigm shift taking place that many tried for years to keep from happening in the US. Sports betting and the sports industry, despite being able to operate in unison in other parts of the world with little problems, weren’t able to connect in the country. That has definitely changed since 2018, and the […]
MGM Resorts signed a definitive agreement with Blackstone to acquire the operations at The Cosmopolitan of Las Vegas for $1.625 billion in cash, the casino company announced today. Buy the Operations, Rent the Property The price of the transaction that is expected to close in the first half of 2022, subject to regulatory approvals and […]
Thursday was the D-Day for Dubai World, as the Nevada Gaming Commission (NGC) has signed off on Dubai World’s exit. Dubai World, a Dubai investment arm in the UAE, had a 14-year partnership with MGM Resorts International in developing Las Vegas’ own CityCenter. Chairman John Moran also said goodbye to the Commission who has been […]
The Gaming Control Board in Nevada may impose a fine or other disciplinary action against Station Casinos over accepted bets with already known outcomes. This year, the operator reported 167 such bets and the issue was the result of insufficient server memory for the Stadium Live program. Besides this year, the regulator has been notified […]
Entain Foundation US, the charity division of Entain, has teamed up with the University of Nevada Las Vegas (UNLV) for a research initiative concerning gaming and betting. The non-profit foundation will supply a founding grant to UNLV to complete the project. The main aim of the research will be to combine it with operational expertise […]
On Friday, the Nevada Commission on Tourism gathered to honor Lt. Governor Kate Marshall, who resigned from her position as chair to join the Biden administration, and discuss plans of revitalizing the tourism industry after the disastrous effects of the COVID-19 pandemic. The Board Agreed on Spending $13.65 for Improving Tourism The presented plans envision using $13.65 million in federal […]
The partnership between MGM Resorts International and Dubai World concerning the development of Las Vegas’ very own CityCenter is ending on good terms. On Wednesday, the Nevada Gaming Control Board (NGCB) recommended that the Nevada Gaming Commission should approve the purchase of Dubai World by MGM. Dubai World is a Dubai government investment arm. MGM […]
Station Casinos and the Culinary Union are still locked in a fierce battle over attempts to have workers unionize in Las Vegas. The union is now approaching from a different angle, threatening the casino operator’s plans to build its Durango Station casino near the Las Vegas Strip. The casino has been approved by local officials, […]
