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D Las Vegas Owner Derek Stevens Has Big Ideas for Downtown Area

Derek Stevens D Las Vegas downtown

D Las Vegas owner Derek Stevens believes the downtown area is poised for significant continued growth, and is investing heavily in the Fremont Street block. The casino owner is currently demolishing the Las Vegas Club, Glitter Gulch, and Mermaids in order to create a block-long resort that he predicts will further attract visitors away from…Read More

Caesars Real Estate Trust VICI Raises $1.21 Billion in NYSE IPO, Performs Better Than Expected

VICI raises $1.21 billion in IPO

VICI, the real-estate investment trust (REIT) created as part of Caesars’ recent bankruptcy reorganization, raised $1.21 billion at an IPO on the New York Stock Exchange (NYSE) on Thursday, exceeding expectations. The flotation generated sales of 60.5 million shares at $20 each, higher than the 50 million shares it had hoped to offload. The name…Read More

China Eyes Hainan Island for Second Gambling Hub, Macau Casino Stocks Dive

Hainan to become second Chinese casino hub?

China’s Hainan Island could soon be competing with Macau for gamblers from the mainland following reports that officials in Beijing are considering transforming the southern tourist destination into the country’s second legal gambling hub. The news, which came a day after the Macau gaming regulator reported 18 consecutive monthly gains and more than 36 percent…Read More

Vegas Golden Knights Set NHL Expansion Team Win Record

Vegas Golden Knights hockey odds

The Vegas Golden Knights are the most successful expansion team in NHL history. With yet another overtime victory on Thursday night, hockey’s newest team won its 34th contest, surpassing a 24-year-old mark set by both the Florida Panthers and Anaheim Ducks during the 1993-94 season. And they still have 32 games to play. “It doesn’t…Read More

Las Vegas Police Say Nobody Witnessed Stephen Paddock Suicide

Stephen Paddock

Las Vegas police cleared up one of the more confusing aspects of the timeline surrounding the October 1 shooting at the Route 91 Harvest music festival, confirming that while Stephen Paddock killed himself, nobody actually witnessed him doing so. According to Sgt. Jerry MacDonald of the Las Vegas Metropolitan Police Department, Paddock was already dead…Read More

Connecticut’s MMCT Accuses Interior Secretary Ryan Zinke Over Inaction on Satellite Casino

MMCT accuses Ryan Zinke over Connecticut casino

The Mashantucket Pequot and Mohegan tribes of Connecticut have accused the Secretary of the Interior Ryan Zinke of filibustering over the approval of its satellite casino plans at the behest of casino giant MGM. The tribe is suing the DOI over what it claims is illegal inaction. Connecticut has authorized the two tribes, collectively known…Read More

2018 Super Bowl Odds: Sportsbooks Seem Comfortable Giving Eagles 4.5 Points

Super Bowl odds Patriots Eagles

The 2018 Super Bowl is less than three days away, and oddsmakers in Nevada seem comfortable heading into kickoff with the New England Patriots spotting the Philadelphia Eagles 4.5 points. The spread opened with the underdogs being given as many as 6.5 points, the longest line of any Super Bowl team since 2009. But with…Read More

Wynn Boston Harbor Failed to Disclose $7.5 Million Settlement, Massachusetts Gaming Commission Taking Its Time to Consider Facts

Wynn Boston Harbor sexual allegations

While applying for a casino license in 2013, Wynn Boston Harbor kept a $7.5 million settlement made by parent company Wynn Resorts back in 2005 from the Massachusetts Gaming Commission (MGC). The payment was made to a female employee who claimed the billionaire forced her to have sex with him on the premises of his…Read More

Macau Gambling Revenue Skyrockets 36.4 Percent in January

Macau Gambling Revenue Goes Through the Roof

Macau gambling revenue saw its biggest year-on-year growth in almost four years in January. A gain of 36.4 percent from the same period a year ago returned the enclave’s gaming economy to 2012 levels, while shattering analysts’ forecasts. As the Year of the Rooster, 2017 certainly gave Macau’s casino operators plenty to crow about. Not…Read More

US Sanctions Kings Roman Casino in Laos For Operating Global Crime Network

Zhao Wei, owner of the Kings Roman Casino

The United States has designated the Kings Romans Casino in Laos as a “transnational criminal organization,” and as such has placed it and its notorious owner, Zhao Wei, on an organized crime sanctions blacklist. The casino exists in the “Golden Triangle” of Laos, a special economic zone on the Mekong River close to its border…Read More

Delaware Legislature Mulls Tax Relief Plan to Save Its Three Casinos

Brian Bushwater

Delaware casinos are struggling and state lawmakers are debating a bill that would slash taxes in an effort to safeguard their futures. Senator Brian Bushweller (D-Dover) is the primary sponsor of SB 114, which proposes a tiered tax on slots revenues, instead of the blanket 43.5 percent casinos currently pay to the taxman. It would…Read More

Florida Legislature Introduces Two Competing Gambling Bills, More Stalemate Expected

Florida Legislature gambling Seminole compact

The Florida Legislature has been trying to determine its gambling future since the powerful Seminole Tribe’s compact expired in 2015. Two new legislative proposals that seek two entirely different goals might suggest that a conclusion will not be reached anytime soon. In the Florida House, a bill that has been passed by the chamber’s Tourism…Read More

Former Trump Taj Workers Flock to Hard Rock for Jobs

Hard Rock Atlantic City is Hiring

Atlantic City’s jobs market is bouncing back, while its unemployment rates are close to pre-recession levels – and with two new casino resorts scheduled to open this summer, the Hard Rock and Ocean Resort, thousands of new jobs are just over the horizon. The Hard Rock began hiring on Tuesday, interviewing 1,400 former employees of…Read More

Steve Wynn Investigation Launched by Nevada Gaming Control Board, Potential Penalties Significant

Steve Wynn sexual misconduct scandal

Steve Wynn is the subject of a formal Nevada Gaming Control Board (NGCB) investigation, as the state regulator confirmed this week that it’s reviewing the sexual misconduct allegations being made against the Las Vegas tycoon. Last week, the Wall Street Journal published a report with claims from numerous female Wynn Resorts workers that allege the…Read More

No Charges Likely for October 1 Shooting Ammo Supplier Douglas Haig, Says Counsel

Douglas Haig revealed as second person of interest in Vegas shooting

Update Jan 31, 1:15 pm PT: Marc J. Victor, the attorney representing Arizona-based ammunitions dealer Douglas Haig, said on Wedneday that he does not expect any charges to be filed against his client in the matter of the Stephen Paddock October 1 shooting at Mandalay Bay in Las Vegas. ————————————————————————————————————— Douglas Haig, an Arizona-based ammunition supplier,…Read More