Industry
December 30, 2022
Nevada’s Gaming Revenue Dips in November, but the Industry Remains Robust
The Nevada Gaming Control Board’s (NGCB) monthly update revealed that operators in the Silver state won $1.22 billion, extending its billion-dollar streak to 21 months. Despite yearly revenue set to smash 2021’s record-setting profits, the recent slide may signal an end to Nevada’s seemingly unstoppable momentum. November’s Results Elicited Mixed Emotions November’s $1.22 billion total […]
Casino
December 28, 2022
Man Who Gambled $2.4M Faces Allegations of Running a Ponzi Scheme
He was arrested earlier in December on a warrant for several charges related to what authorities have described as including security fraud, theft, and more. Buckle did not enact his fraud alone, with Warisra Stevens, a person described as his “confident” also standing trial last year and pleading guilty to multiple charges, including securities fraud […]
Casino
December 28, 2022
Fontainebleau Las Vegas Secured $2.2B to Ensure Project Completion
A long-delayed casino resort slated to appear on the Las Vegas Strip is set to finally complete construction work after securing a $2.2 billion loan from a group of banks and other investors. Testament of Dedication Fontainebleau Las Vegas, developed by a partnership between Fontainebleau Development and Koch Real Estate Investments (KREI), a subsidiary of […]
Industry
December 23, 2022
Nevada Updates Gambling Regulations to Prevent Cyber Attacks
The Nevada Gaming Commission unanimously voted in favor of implementing updated cybersecurity regulations. The state’s casinos will need to introduce tighter control over their online operations to better protect against leaks of sensitive information such as client data. Industry representatives supported the changes, with most high-profile brands already featuring adequate data breach safeguards. Online Security […]
Business
December 19, 2022
Hard Rock Secures NGCB Approval for the Mirage Acquisition
Back in December 2021, Hard Rock announced its plans to purchase The Mirage from MGM Resorts in a deal of some $1.08 billion. Nevada Gambling Regulator Greenlights HRI’s Purchase of the Mirage Earlier this month, the company made an important step forward as the gambling regulator in Nevada, the Nevada Gaming Control Board (NGCB), recommended […]
Industry
December 12, 2022
Gambling Operators Need to Protect from Cyberattacks, Report
Online security experts met last week to discuss the worrying trend of increasing cyberattacks against casinos and other leisure operators, a new report reveals. The recent discussion comes ahead of planned changes to the cyber regulations in Nevada. Cyberattacks Impact Gambling Operators During the conference, experts from the cyber security industry warned that casinos and […]
Casino
December 9, 2022
Hard Rock Confirms No Plans to Close The Mirage Currently
The leading globally recognized entertainment and hospitality company, Hard Rock International (HRI), made an important step toward acquiring the iconic hotel and casino The Mirage from MGM Resorts International earlier this week. This happened after the Nevada Gaming Control Board (NGCB), the regulator in the state, issued a recommendation for the acquisition of the property. […]
Business
December 9, 2022
Station Casinos Appoints Top Leadership for Durango Casino & Resort
As Durango Casino and Resort is planned to open in less than a year, Station Casinos LLC announced the appointment of key executives for the luxury resort, which is located in southwest Las Vegas. David Horn, Kai Speth, and Daniel Ye Will Lead the Team David Horn, who has served as an executive at Station […]
Business
December 8, 2022
Hard Rock International One Step Closer to The Mirage Purchase
The Mirage’s fate has been sealed on Wednesday with the Nevada Gaming Control Board issuing a recommendation for the property’s acquisition by Hard Rock International, the brand controlled by the Seminole Tribe, which will be the first tribal gaming operator to enter the Las Vegas Strip. Hard Rock International’s Mirage Purchase Closer to Realization The […]
Casino
December 1, 2022
Elevation Entertainment Proposes New Casino Resort in Reno, Nevada
California-based Elevation Entertainment has announced plans for a new casino resort in Reno, which will be located just across the Reno-Sparks Convention Center. The New Casino Resort Is Expected to Open Doors in 4 Years Local news outlet 2News reported that gaming and residential project developer Elevation Entertainment has made a proposal to the City […]
