Casino
April 19, 2020
Nevada Casinos Lose Millions of Revenues Daily During Closure
While casinos are closed to support the effort to contain the further spread of the coronavirus, the question how much exactly is being lost, especially in Nevada, arises. Gaming Revenue Provides an Insight Considering the official data from the Gaming Control Board, the state gaming regulatory body, casinos lose daily in the range between $42,000 […]
Casino
April 2, 2020
Nevada Casino Industry Closure Continues In Line With Federal Guidance
Casinos in Nevada will have to stay closed longer than the initial 30 days period, as Governor Steve Sisolak issued Wednesday a Stay at Home order and essentially extended throughout April all of the state’s emergency actions to mitigate the spread of the coronavirus /Covid-19/, including activating the National Guard. Virus Situation Requires Measures Extension […]
Business
March 28, 2020
Eldorado, Caesars Deal Faces Difficulties with Regulators
The coronavirus has put a crimp on the casino gambling industry’s hopes in the United States. Nevada has shut down all its casinos, and nationwide, there isn’t a single gambling establishment still open. Workers have been furloughed and the precariousness grows every day. A silver lining has been the fact that the Senate has voted […]
Esports
March 27, 2020
Esports in Nevada Get Greenlight, Become Betting Market
Esports in Nevada have received a formal approval by the Nevada Gaming Control Board and is now a viable market to bet on in the Silver State. Nevada Gives Go-Ahead for Esports and Counter-Strike Wagers The Nevada Gaming Control Board has given the go-ahead to stated licensed operators to start accepting esports bets on the […]
Casino
March 24, 2020
Nevada Hardest Hit Employment-Wise Due To Covid-19 Mitigation Measures
The Economic Policy Institute /EPI/, a non-profit, non-partisan think tank organization that focuses on conducting research and analyses of economic data, claims that Nevada will be the most affected state in terms of new unemployment due to the temporary closures of non-essential businesses. Nevada Tops The List Nevada that has significant exposure to the leisure, […]
Business
March 24, 2020
Former MGM Resorts CEO to Lead Coronavirus Task Force in Nevada
Last Sunday, Steve Sisolak announced the formation of a statewide task force that will be responsible for the state’s efforts to mitigate the spread of COVID-19. Referred to as the COVID-19 Response, Relief, and Recovery Task Force, the team will not only help in the efforts to fight the virus but it will also be […]
Casino
March 18, 2020
Nevada Casinos Go Dark To Help Curb Covid-19 Outbreak
Casinos in Nevada last closed doors back in November 1963, for the funeral of President John F. Kennedy. This is about to change starting at midnight Tuesday, March 17, after the number of coronavirus cases in the state has surged and the social distancing approach to curbing the pandemic seems to be the only available […]
Business
February 8, 2020
Nevada Casino Industry Net Income Exceeds $2 Billion Despite Lower Revenue
2019 seems to be the year of the turning point for the casino industry, at least for the state of Nevada, as the report released by the regulatory body of the state, the Gaming Control Board, shows a net profit of $2.055 billion, reversing the reported $1.168 billion loss from the previous year. The Report […]
Sports
January 9, 2020
Nevada Gives Preliminary OK to Roar Digital to Open Shop in State
The joint venture between MGM Resorts International and GVC Holdings has been cleared for a launch in Nevada where Roar Digital will now set a digital sports betting shop. Nevada Gaming Commission Clears Roar Digital for Nevada On Wednesday, the Nevada Gaming Control Board (NGCB) gave a preliminary approval to Roar Digital, a 50/50 joint […]