Casino
February 20, 2023
Woman Allegedly Funds Wynn Las Vegas Gambling with $10M Fraud Scheme
Sara Jacqueline King has been accused of stealing $10.3 million through bogus loans from LDR International Limited based in the British Virgin Island, KTLA 5 has reported, citing court filings with the US District Court of California dated February 11. King worked as a lawyer and had her own lending business, it appears enabling her […]
Lottery
February 20, 2023
Nevada May Be Looking into State Lottery Options Soon
Now, this may be changing as a Nevada lawmaker believes a state-backed lottery could help bring more money for important sectors, such as mental health programs for youths. Assemblyman CH Miller has pitched an amendment to the constitution hoping that he could gather sufficient legal momentum and turn his proposal into a reality. To succeed, […]
Legal
February 17, 2023
William Hill Investigation into Cash Voucher Fraud Uncovers More Accomplices
The Las Vegas Review-Journal confirmed Thursday that more individuals, allegedly involved in the embezzlement scheme against William Hill were identified. This takes the number of people, involved in the scheme to a total of five. The new report confirms that Persha Stanley and Anthony Cuddeback are the two individuals charged on Monday for their alleged […]
Sports
February 14, 2023
Betting Operators in Nevada Report $153.2M in Bets on Super Bowl
Overall, 185 sports books in the state accepted wagers on the Super Bowl. Although the result surpassed the amount wagered in 2021, it came short of Nevada’s record in Super Bowl wagers from 2022, which was $179.8 million in wagers. On the bright side, the $153.2 million in wagers from Super Bowl LVII was the […]
Industry
February 13, 2023
Betfred to Launch IGT’s PlaySports-Powered Sportsbook in Nevada
Supplier of technology and solutions to the global gaming industry International Game Technology (IGT) announced it has signed a new PlaySports technology agreement with sports betting operator Betfred. Experienced Team, Proven Technology The new multi-year partnership will see Betfred enter the Nevada betting market by leveraging IGT’s PlaySports solution to power sports betting operations at […]
Casino
February 10, 2023
Nevada Gaming Commission Busts Major Sports Betting Embezzlement Scheme
The now-former employee of William Hill was investigated by the Nevada Gaming Commission and the operator’s internal teams which became aware of the scheme last year. William Hill US which was bought by Caesars Entertainment for $4 billion in 2021, has more than 100 race and sportsbook venues in Nevada. The employee who has been […]
Sports
February 9, 2023
Clark County Approves Decade-Long Hosting of Las Vegas Grand Prix
On February 7, seven out of the seven members of the Clark County Commission voted in favor of the contract extension. Formula 1 Las Vegas Grand Prix to Bring $1B to Las Vegas Economy Fox 5 reported that in a historic move, the commission has granted permission for necessary road closures along the Strip between […]
Industry
February 7, 2023
Betfred Enters Nevada Market with Mohegan Sun Sportsbook
This marks the company’s first move into the Nevada sports betting market. Betfred’s New Sportsbook Opens Doors on February 9 The new sportsbook, located inside the Virgin Hotels Las Vegas, part of Curio Collection by Hilton, will open its doors on Thursday, February 9. Betfred was given the green light to manage sports betting at […]
Legal
February 2, 2023
Aruze Gaming Filed under Chapter 11 of the Bankruptcy Code
Supplier of casino content and technology Aruze Gaming announced it has filed for bankruptcy in Nevada court as part of a company-wide restructuring plan. Financial Restructuring Ahead Aruze Gaming informed investors in a press release that it has filed in the US Bankruptcy Court for the State of Nevada a voluntary petition under Chapter 11 […]
Industry
February 1, 2023
Nevada’s Gambling Market Revenue up 10.5% in 2022
Nevada’s previous total market revenue recorded was during the 12 months that ended on December 31, 2021, when the state reached $13.40 billion. Land Slot Machines Contributed to the Record Now, the new $14.8 billion record was achieved with the help of revenue generated by the brick-and-mortar slots in the state. Those accounted for over […]
