Industry
April 5, 2023
Toronto Businessman Tries to Recover Investment Lost to Gambling
Different Ponzi schemes have been around for decades, if not longer, yet thousands of people are affected and lose their money to such illicit activities every year. Ponzi schemes, also infamous as investment fraud schemes, involve a fake investor luring people into investing in a business such as stock markets, real estate or other lucrative […]
Casino
April 5, 2023
Las Vegas Hotels Seek Dismissal of Price-Fixing Lawsuit Involving Rainmaker
The Las Vegas Review-Journal reported that several hotel-casino operators on the Las Vegas Strip have filed a motion to dismiss a lawsuit that accuses them of price-fixing hotel room rates through a revenue management platform, Rainmaker. Tourists Sue Las Vegas Hotels for Alleged Antitrust Violations In January, two tourists filed a lawsuit that accused hotel […]
Sports
March 31, 2023
March Madness Benefits Operators in Vegas and Beyond
Once again, the NCAA Men’s College Basketball Championship, also known as March Madness, attracted countless sports betting aficionados to Las Vegas. Despite its efforts to distance itself from gambling, the annual tournament continues to attract millions of punters. The Nevada Independent’s Howard Stutz reported that the West Regional Championship, which is the first time Las […]
Industry
March 31, 2023
Las Vegas Mass Shooter Might Have Been Motivated by Gambling Frustration
The Las Vegas shooting from 2017 might have been motivated by gambling frustration, a recent report shows. A newly-released FBI report shows that the 64-year-old shooter, Stephen Paddock, was an avid high roller who was really unhappy with the way casinos treat him. The 2017 Las Vegas shooting happened on October 1, 2017, when the […]
Legal
March 30, 2023
Addict Gambles Away Investor Money, Says Husband Forced Her To
A month ago, Los Angeles lawyer Sara King made headlines after using a $10 million business investment to live in luxury. Now, amid an ongoing lawsuit, King claims that her husband, the Iranian royal Kamran Pahlavi, forced her to waste the money, The Daily Beast reported. Thanks to her relationship with Pahlavi, King was introduced […]
Poker
March 29, 2023
Horseshoe Las Vegas to Host the 54th Edition of the World Series of Poker
This year’s World Series of Poker (WSOP) is expected to build on the momentum of last year’s successful tournament when over 197,000 participants from over 100 countries took their best shot at the mouth-watering total prize pool of $347.9 million which broke all previous records. This year’s WSOP will mark the 54th edition of the […]
Casino
March 28, 2023
Madonna and Adele Extend Las Vegas Residencies, Kelly Clarkson Announces Her Own
Two musical legends, Madonna and Adele, are extending their Las Vegas residencies into 2024, while pop star Kelly Clarkson has announced her own residency on The Strip starting in July 2023. The Queens of Pop Return to Las Vegas: Adele’s Residency and Madonna’s Expanded Tour Madonna is expanding her global Celebration Tour with eight new […]
Casino
March 24, 2023
Clark County Greenlights Hard Rock’s Guitar-Shaped Tower in Vegas
The iconic guitar, synonymous with the international entertainment brand Hard Rock, will soon be arriving on the Strip in the gambling capital of the world, Las Vegas. Earlier this week, Clark County officials greenlighted the design for the new guitar-shaped tower that is expected to emerge at the Mirage, likely replacing the volcano site. The […]
Industry
March 23, 2023
DraftKings Expands Las Vegas Presence via New Office Facility
Sports betting and fantasy sports operator DraftKings opened a new technology hub in Las Vegas, ceremonially cutting the ribbon of the new 90,000-square-foot facility located in the UnCommons district on the southwest valley. Modern Working Environment The new office, DraftKings’ second-largest in the US, features more than 130 dedicated sports trading desks placed in a […]
Poker
March 22, 2023
BetMGM Poker Championship Makes Comeback at ARIA in June
The event is hailed as one of the biggest and most entertaining ones in the poker circuit with the No Limit Hold’em Tournament carrying a $2 million prize pool and $3,500 buy-in. The BetMGM Poker Championship will run from Friday, June 9 through Tuesday, June 13 and be hosted out of ARIA’s Poker Room in […]
