Industry
November 27, 2020
Nevada’s October Gaming Down 19.5% YOY, Betting Soars
Nevada’s gaming revenue was still down 19.5% year-over-year in October, but it posted better results than September 2020. Meanwhile, sports betting handle has been beating all expectations. Nevada Posts Decline in Gaming, Improves MOM The State of Nevada has posted a moribund October with gaming revenues shrinking down by 19.5% year-over-year, but the Silver State […]
Business
November 25, 2020
Bankruptcy Court Approves the Las Vegas Monorail Sale
The sale of the Las Vegas Monorail to the Las Vegas Convention and Visitors Authority (LVCVA) was approved by a judge Tuesday, enabling the tourism authority to acquire the elevated transit system. LVCVA Approved the Monorail Purchase In September, the LVCVA approved the $24.26 million purchase of the 3.9-mile train system from the not-for-profit Las […]
Business
November 23, 2020
California COVID-19 Restrictions May Impact Las Vegas Recovery
The recovery of the gambling capital of the world – Las Vegas may be impacted by the recently enhanced measures in neighboring California. After observing spikes of positive COVID-19 cases, California rolled out enhanced measures last week aiming at reducing the spread of the virus. California Rolls Out New Restrictions Following Surges of COVID-19 Cases […]
Casino
November 23, 2020
Las Vegas Casinos Go Down to 25% Capacity for Three Weeks
Further restrictions for casinos in Nevada are entering from Tuesday after Gov. Steve Sisolak announced a three-week statewide pause in a late Sunday virtual press conference. Casinos will have to limit their capacity to 25% due to the spike in the daily number of new coronavirus cases. Rising New Daily Virus Cases Having daily number […]
Casino
November 21, 2020
Smoke-Free Policy May Help Avoid Second Casino Closures
Going smoke-free may be the alternative solution for the casino industry to avoid a second lockdown, a letter sent to Nevada Gov. Steve Sisolak Thursday outlined, ahead of his decision how the state would move further with regards to the spike in the new daily coronavirus cases. Smoke-Free Indoor Casino Policy For a second time […]
Legal
November 21, 2020
Nevada Judge Dismissed NGCB Authority over Steve Wynn
Attempts by Nevada gaming regulators to find Steve Wynn unsuitable to hold a gaming license were dismissed by a Las Vegas judge, who ruled the former casino mogul was no longer associated with the casino industry. NGCB Has No Authority Clark Country District Judge Adriana Escobar issued a ruling Thursday in favor of arguments brought […]
Casino
November 21, 2020
MGM’s Mandalay Bay and Mirage to Remain Shut Monday-Thursday
MGM Resorts International is experimenting with operational times, cutting mid-week schedule for The Mirage and Mandalay Bay. Mandalay Bay and Mirage Shut-down during Mid-week The Las Vegas Strip is handling the covid-19 outbreak in a piecemeal way. On the one hand, you have Nevada Gov. Steve Sisolak who tested positive for the novel coronavirus and […]
Business
November 20, 2020
Potential Second Shutdown In Nevada As Covid-19 Cases Skyrocket
Nevada Governor Steve Sisolak has announced possible measures against the spread of Covid-19, as the number of positive cases increases in the state. Mitigation Options Considered By Nevada Authorities Nevada currently faces a surge in Covid-19 cases, which prompted Governor Steve Sisolak to announce his administation is considering “all mitigation options” against the spread of […]
Business
November 11, 2020
More COVID-19 Restrictions May Come to Nevada, Warns Gov. Sisolak
Acknowledging the recent spikes of positive COVID-19 cases, Nevada Governor Steve Sisolak urged people to stay as much as possible at home for the next 2 weeks. The Governor stressed that unless results improve in the next 14 days, tougher COVID-19 restrictions may be implemented. Tougher COVID-19 Restrictions May Come in Effect in 14 Days […]
Industry
November 11, 2020
More Than 700 People Positive for COVID-19 after Visiting Nevada
According to new data by the Department of Health and Human Services, until October 3 a total of 712 people who visited Nevada tested positive for COVID-19. Since the reopening of the casino industry in the Silver State, the number of visitors who tested positive started increasing slowly. New Data Regarding Positive COVID-19 Cases More […]