Industry
July 2, 2021
MGM Buys Half of CityCenter and Strikes a Deal for Aria and Vdara for $3.89B
MGM Resorts International is taking over. It has announced that it will pay Infinity World Development $2.12 billion for a 50% interest in CityCentre, giving it 100% control of the property. The deal will reportedly give the property a valuation of $5.8 billion. Surprising News at a Surprising Time Some real estate market experts are […]
Industry
July 2, 2021
Possible Delays to New York’s RFA and Sports Betting Rules and Regulations
The deadline for the Request for Applications by the New York Gaming Commission might not come for two weeks. RFA’s Date Was July 1, 2021 The Request for Applications (RFA) by the New York Gaming Commission (NYGC) was due out yesterday evening (Thursday). According to unidentified sources speaking to Sports Handle, it could be delayed […]
Business
July 2, 2021
DraftKings, FanDuel Continue Connecticut Operations via Provisional Licenses
After Connecticut expanded gambling via a new bill which came into effect on Thursday this week, concerns were raised about how FanDuel and DraftKings may continue their fantasy sports operations. The Department of Consumer Protection issued provisional licenses for the two operators as well as the Connecticut Lottery Corporation, allowing them to continue operating in […]
Casino
July 2, 2021
Resorts World Las Vegas Sees Nice – but Not Impressive – Turnout for Launch
Resorts World Las Vegas (RWLV) is now officially up and running, even if it’s still working out some bugs at some of its amenities. According to the Las Vegas Review-Journal, the newest casino resort to land on the Las Vegas Strip enjoyed a modest grand opening, but it wasn’t nearly as large as some others. […]
Industry
July 2, 2021
Mohegan Amended Kambi Betting Partnership Deal in Connecticut
An interesting development around one of the sports betting licensees in Connecticut this week saw a technology partnership deal being amended to free space for additional partners. MGE Moves to Free Space Sports betting technology supplier Kambi Group announced it reached an agreement with Mohegan Gaming & Entertainment (MGE) regarding the terms of their sports […]
Industry
July 2, 2021
Gaming Hall of Fame Accepting Names for Class of 2021
The Gaming Hall of Fame, which honors people with contributions to the gaming industry, has announced that it’s accepting nominees for its Class of 2021. Gaming Hall of Fame’s New Class Will Be Presented in October Did you know that Celine Dion, Frank Sinatra, Tom Jones, Wolfgang Puck, the late Sheldon Adelson, and Debbie Reynolds […]
Business
July 2, 2021
Attorneys Tell Virginia Skill Games Operators to Hold off on Pulling the Plug
Many skill games operators in Virginia had their hands on the power cord, ready to yank the machines out and throw them in the dumpster. Lawmakers approved a controversial measure that brought an end to the one-year trial of the slot machine cousins, but now lawyers are telling operators to hold on. Several legal battles […]
Sports
July 2, 2021
Golden Nugget Online Gaming Partners with the Rocket Mortgage Classic in 2021 and 2022
The announcement comes a few days after Landcadia II announced it is entering into a purchase agreement to acquire Golden Nugget Online Gaming. GNOG Teams Up with Detroit’s Rocket Mortgage Classic Golden Nugget Online Gaming (GNOG) has signed an agreement with Detroit’s Rocket Mortgage Classic to become the Official National Casino Partner of the 2021 […]
Business
July 1, 2021
Bally’s Strikes Groundbreaking Deal with WNBA Phoenix Mercury
Bally’s Corporation, an omnichannel gaming and entertainment services provider, signed a long-term deal with Phoenix Mercury to mark its first market entry via a professional women’s sports team. Exclusive Sports Betting Partner The 15-year agreement between Bally’s and the member of the Women’s National Basketball Association (WNBA) Phoenix Mercury covers team sponsorship and partnership in […]
Sports
July 1, 2021
Will Expanding Gambling Result in Enormous Growth of NFL Teams’ Worth?
NFL owners reportedly believe that teams’ worth may hit $8 billion to $10 billion. The jump reportedly may be driven by the continuous sports betting expansion in the US. The Cost of NFL Teams Reportedly May Hit $8-$10 Billion Undoubtedly, the NFL has proven to be the most profitable and successful professional sports league in […]