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Legal
June 28, 2021
New Jersey Lawmakers Approve Fixed Odds Horse Race Wagering
Members of the state Senate and General Assembly in New Jersey voted to approve unanimously fixed odds betting on horse races and leave final legalization to Gov. Phil Murphy’s signature. Expanding Wagering Options for Horse Racing Bettors The bill, introduced by Republican Assemblyman Ronald Dancer and Democrat Assemblyman Ralph Caputo, is expected to allow bettors on horse racing in the Garden State to see an expansion of wagering […]
Legal
June 28, 2021
PA PID and PAHBPA Revenue Sharing Dispute Referred to Court
An ongoing dispute between Presque Isle Downs and Casino (PID) and the Pennsylvania Horsemen’s Benevolent and Protective Association (PAHBPA) saw a federal lawsuit filed by the racino operator in the US District Court of Eastern District of Pennsylvania. Lawsuit to Counter PAHBPA Claims The civil complaint filed by PID Thursday seeks to block allegations from PAHBPA stated in a 2020 […]
Industry
June 28, 2021
Illinois Officials Approve Temporary Hard Rock Casino for Rockford
Rockford, a city in Illinois about 90 miles west from Chicago, is one step closer to opening a Hard Rock Casino. Construction of the new casino may commence this week, according to Senator Dave Syverson. The location, which formerly served as a convention center and restaurant, is owned by a family who was initially part of […]
Casino
June 28, 2021
Two Men Shot in Las Vegas on Sunday, One of Them Killed
Man Killed at Bar on the Strip A fatal incident occurred at a bar on the Las Vegas Strip on Sunday. The case is seemingly unrelated to the earlier shooting at the Sahara. The incident happened inside PT’s Place at Decatur Boulevard near Charleston Boulevard. The shooting took place at 3 AM and, according to […]
Industry
June 28, 2021
Analysts: RWLV Launch Might Be Sign Genting Plans a US IPO
Resorts World Las Vegas (RWLV) marks the first casino resort in Las Vegas that is owned and operated by a Malaysian company and it is getting off to a good start. It only opened last week, but is already a standard fixture among the high-end properties in Sin City. The company behind the project, Genting […]
Industry
June 28, 2021
Encore Boston Harbor Legal Battle over Property Value Comes to an End
Ever since Encore Boston Harbor casino in Massachusetts opened a few years ago, it has been embroiled in one legal battle after another over the property. However, the Wynn Resorts-owned property has almost always managed to emerge on the winning side of the fight. It has done so one more time, thanks to a judge’s […]
Business
June 25, 2021
Penn National Gaming Projects Q2 Revenue to Stand at $1.5bn
The announcement comes after the operator unveiled the launch of a $400 million private debt offering for general corporate purposes. Penn Announces $400M of Senior Unsecured Notes Penn National Gaming expects revenue for the period April-June 2021 to range between $1.45 billion and $1.55 billion, which corresponds to an 18% increase compared to Q1. The […]
Casino
June 25, 2021
Nevada Gaming Commission Lauds Casino Recovery Efforts
The Las Vegas gambling scene is beginning to experience new signs of life following the global COVID-19 pandemic. Las Vegas Casinos Say They Are Doing Well As They Rebound On Thursday, two Las Vegas casinos told the Nevada Gaming Commission (NGC) that they are doing well after the industry rebound from the pandemic. That’s a […]
Industry
June 25, 2021
Las Vegas Is on Its Way to Economic Recovery, Says New Study
A new study by the UNLV Center for Business and Economic Research suggests that gambling revenue and visitor volume in Las Vegas will increase gradually until the end of this year. According to the study, the positive trend will continue in 2022. Las Vegas Rebound Starts This Year, Says Recent Study Last year, the global […]
Casino
June 25, 2021
Resorts World Las Vegas Set to Usher New Era of Hospitality
The first casino resort built on Las Vegas Strip for more than a decade, Resorts World Las Vegas, opened doors to the public Thursday by a first-look party in the evening for invited guests. Exceptional Amenities The star-studded party officiated by Genting CEO and Chairman K.T. Lim and Resorts World Las Vegas President Scott Sibella, […]