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 23, 2020
Covid-19 Pandemic Boosts Minnesota’s ‘Sin Taxes’
The Covid-19 pandemic has disrupted the lives of people as never seen before and has caused them to use increasing amounts of alcohol and tobacco to alleviate stress. On the other hand, social distancing measures might prompt the legalizing of alternative entertainment activities, such as online sports betting. Lockdown Prompts Alcohol and Tobacco Usage The […]
Industry
November 23, 2020
Several Gaming Companies Report Better Than Expected Performance During Pandemic
A number of casino companies have reported an improvement in their quarterly revenue, despite a slow recovery from the impact of the pandemic and a surge in positive cases in the US. Retail Casino Revenue Tripled Since Q2 Despite the economic impact of the Covid-19 pandemic on the casino industry, some gaming companies reported a […]
Business
November 22, 2020
IGC May Extend Deadline for Horseshoe Hammond Casino Sale
State regulators in Indiana are likely to extend the term of casino divestiture due to the uncertainty in the casino industry amid the impact from the coronavirus. Additional Year in the Works The Indiana Gaming Commission (IGC) is expected to revise the terms for Caesars Entertainment regarding the sale of its casino properties in the […]
Business
November 22, 2020
New Jersey Gaming Regulators Set Hearing for Golden Nugget’s New Online Gaming Venture
Golden Nugget has petitioned New Jersey’s gaming regulators to approve its merger with Landcadia II, in order to launch its new online gaming venture in the state. Special Meeting To Be Held Next Wednesday Golden Nugget Online Gaming Inc. has asked the state of New Jersey to approve its merger agreement with special purpose acquisition […]
Casino
November 22, 2020
Cherokee: Senate Should Reject the Lumbee Recognition Act
A North Carolina Indian Tribe was outraged by an act in the US House of Representatives which passed a bill this week for the federal recognition of another tribe. After the Lumbee Recognition Act, the tribe which is seeking to gain federal recognition for more than a century has never been so close to achieving […]
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 […]
Business
November 21, 2020
Betegy Prepares US Pivot with Bill Pascrell on Supervisory Board
Betegy brings Bill Pascrell III Esq as a supervisory board member to spearhead the company’s growth in the United States and leverage big sports data with gaming operators, major sports leagues, and media companies. Bill Pascrell III Esq to Pivot Betegy’s Strategy in America The United States sports betting market is developing quickly as over […]