Ontario is only a few weeks away from its entry into legal commercial iGaming and mobile sports betting. But unlike in the US where sportsbooks and internet casinos flood new markets with marketing promos targeting potential players with an array of signup incentives, regulations in Canada’s largest province prohibit such advertising. Ontario’s Legislative Assembly last […]
Churchill Downs Inc. agreed last month to acquire most of Peninsula Pacific Entertainment’s (P2E) assets for $2.485 billion. The takeover includes the casino operator’s development agreement with Urban One for a project in Richmond, Virginia, should voters there approve of the nearly $600 million proposal. Urban One, a Black-focused media conglomerate, is partnered with P2E […]
The “2021 Las Vegas Visitor Profile” details how COVID-19 and the pandemic changed travel behaviors throughout the US as it relates to Southern Nevada. Commissioned by the Las Vegas Convention and Visitors Authority (LVCVA) and conducted by California-based GLS Research, a marketing analysis firm, the 2021 report reveals that Las Vegas visitors were younger and […]
Australian cricket legend Shane Warne is dead at the age of 52 after a suspected heart attack. Less than 24 hours ago, Warne expressed his condolences on Twitter for Rod Marsh’s unexpected death, which was also blamed on a heart attack. Warne is widely considered one of the strongest bowlers in cricket history. In 2000, […]
DraftKings has received a $150,000 civil penalty by the New Jersey Division of Gaming Enforcement (DGE) for the sportsbook’s regulatory failure in preventing proxy betting. In its simplest terms, proxy betting is the facilitation of gambling on behalf of another individual. In the New Jersey DraftKings case, gaming regulators say an individual inside the state […]
Federal legislation introduced today by leaders of the Congressional Gaming Caucus would greatly increase the amount of money needed to be won on a slot machine spin to trigger an IRS report. Creatively named the SLOT Act — or “Shifting Limits on Thresholds Act” — the bipartisan legislation comes from US Representatives Dina Titus (D-Nevada) […]
Fontainebleau Las Vegas is on track to open sometime in the fourth quarter of 2023. Koch Industries’ real estate investment arm acquired the 67-story towering blue structure a little more than a year ago for an undisclosed price. The acquisition was made in conjunction with Miami real estate developer Jeffrey Soffer’s Fontainebleau Development. Teneo Hospitality […]
Wynn Resorts officials told Nevada gaming regulators yesterday that the company has greatly changed its marketing strategy as it relates to its digital gaming unit. Wynn Resorts Senior VP and Treasurer Vincent Zahn provided insights into how its digital unit is being promoted. He was appearing before the Nevada Gaming Control Board (NGCB) to discuss […]
Korean boy group BTS is coming to Las Vegas. And the hysteria surrounding the arrival of the pop sensations resulted in each of the four planned concerts at Allegiant Stadium selling out before Ticketmaster could even open the sale to the general public. Ticketmaster announced yesterday that the four BTS Las Vegas shows are sold […]
Workers at The Venetian and Palazzo sister casino resorts on the Las Vegas Strip are being offered what’s believed to be the first-of-its-kind revenue-sharing arrangement with the property’s new operator. New York-based Apollo Global Management, a private-equity giant with a long history doing business in the US gaming industry, recently completed its $2.25 billion acquisition […]
West Virginia senators lent their support today to legislation seeking to expand the state gaming industry. Senate Bill 100 was introduced last month by state Senator Eric Nelson (R- Kanawha). The statute would allow each of the five commercial casinos in West Virginia to extend their gaming license to a smaller, so-called satellite casino. SB100 […]