The Nevada Independent
West Island
Las Vegas and Macau Casinos Surging Ahead in Gaming Sector
In the ever-evolving tableau of leisure and hospitality, the bright lights of Las Vegas continue to draw patrons in droves, signaling a potential boon for casino operators gearing up to report their first-quarter financials. Amid the glamorous backdrop of the iconic Welcome to Las Vegas sign, consumer enthusiasm abounds-yet it contrasts with a…
$5,000 Welcome Bonus
Play Now
Markets Insider
Sports Gambling Was a Gateway Drug to Online Gambling and the Lottery
DraftKings would love it if you bet on the Knicks game. Oh, and while you're at it, why don't you hop over to its casino app and try out a little online blackjack? And wouldn't it be neat to eventually toss a few bucks on some lottery tickets, too?
While more and more Americans are getting used to wagering on games from their phone, sports betting…
MDJOnline
As Las Vegas prospects improve, this casino giant's stock gets an upgrade
For years, Las Vegas has been a place of dreams of fun, innocent or otherwise.
Increasingly, in fact, what happens in Vegas has become part of the national discussion.
In addition to its casinos, Las Vegas sports the reigning NHL Stanley Cup champ Las Vegas Golden Knights. The Oakland Athletics are committed to move to Nevada. And the NFL Raiders…
Super Slots Casino
$6,000 Welcome Bonus
Players can claim the SUPER300 bonus code on their first three deposits only. The minimum deposit amount required to redeem each bonus code is $25. This bonus is not valid in the Live Dealer Casino.
The deposit plus bonus amount is subject to a 45X playthrough requirement before any winnings can be withdrawn.
West Island
Las Vegas Casino Stocks Poised for Comeback Despite Recent Struggles
Despite the harsh downturns seen since early August, a handful of Las Vegas casino equities are locked in bearish trading cycles. Whilst many may interpret this as a cause for concern, there exist analysts who affirm that this dip in performance may merely be a temporary setback, and that the future for Strip operators appears promising in the…
The Nevada Independent
Vegas casino worker unions hold strike vote, threatening first major walkout in 39 years
With chants of "one job should be enough," some 10000 members of the Culinary and Bartenders unions filled UNLV's Thomas & Mack Center Tuesday morning for a vote to authorize the first citywide strike against the resort industry in 39 years.
Representatives of Culinary Workers Local 226 and Bartenders Local 165 said the results of the vote would…
Northern Nevada Business Weekly
After eight months, Boyd’s Northern California tribal casino may expand
The Sky River Casino near Sacramento, which is operated by Boyd Gaming, has been open since August, but the Wilton Rancheria Tribe is already exploring development opportunities for the property.
Boyd CEO Keith Smith said last week the 100000-square-foot casino has been so successful in its first eight months that the company revised its predicted…
$6,000 Welcome Bonus
Play Now
The Nevada Independent
Indy Gaming: Macau casinos bounce back after three years of depressed gaming revenue
Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada.
If a colleague or associate emailed this newsletter to you, please
to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz
With three months in the books, Macau's…
RELATED LOCATIONS
Review Journal
Sale of Mirage shows high-priced casino rents on Las Vegas Strip
When The Mirage changed hands this week, it marked the beginning-of-the-end for its iconic volcano attraction.
The sale also shed more light on a growing, lucrative real estate trend on Las Vegas Boulevard: Casino landlords are collecting hefty rents.
MGM Resorts International announced Monday that it closed its nearly $1.1 billion cash sale of The…
Penn Live
State’s gambling halls generated more than $450 million in October revenues despite economic headwinds
Casino gambling in Pennsylvania, whether online or in person, showed no signs last month of slowing in the face of economic headwinds caused by high inflation and rising interest rates.
Statewide, October casino revenues released by the Pennsylvania Gaming Control Board Thursday increase 5.71% over the previous year with more than $450 million…
The Nevada Independent
Gaming slowdown? Not in Nevada as casinos head toward a record
Nevada could shatter last year's record-breaking gaming revenue totals in just 11 months.
October marked the 20th straight month of $1 billion or more in state gaming revenue, according to figures released Tuesday by the Gaming Control Board. Statewide, gaming revenue sits at $12.3 billion for the first 10 months of 2022, more than 12 percent above…
The Nevada Independent
Indy Gaming: Caesars pulls the plug on its three-year plan to sell a Strip casino
Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada.
If a colleague or associate emailed this newsletter to you, please
to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz
Caesars Entertainment CEO Tom Reeg wanted…
RELATED CATEGORIES
Yogonet
Nevada gambling revenue tops $1B for 18th consecutive month in August at $1.2B
Nevada's winning streak shows no sign of slowing down: the Silver State has now reported its
18th consecutive month of more than $1 billion in gambling revenue. According to
the lastet data
released by the
Nevada Gaming Control Board
on Thursday, the state collected
$1.2 billion from its casinos in August, a figure 26.7% up from the same month in…
The Nevada Independent
Indy Gaming: Caesars enters NYC casino skirmish after first rejecting the idea
Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada.
If a colleague or associate emailed this newsletter to you, please
to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz
Caesars Entertainment's entrance into an…
Top US Casinos
BetMGM Adds Live Table Games in West Virginia Online Casino Market
BetMGM has launched live tables - including the state's first private blackjack table - on its BetMGM casino platform in West Virginia. The live action expands the operator's gaming options; making it one of the.
In a partnership with Evolution technology, the new table offerings include many favorite games. In addition to a private BetMGM…
The Nevada Independent
Indy Gaming: Slot company booths teeming with activity at G2E
Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada.
If a colleague or associate emailed this newsletter to you, please
to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz
The giant football helmet adorned with the…
RELATED BRANDS
Review Journal
Tilman Fertitta’s hotel-casino plans on Las Vegas Strip headed for vote
Las Vegas' famed casino corridor is poised to get a big new competitor: billionaire Tilman Fertitta.
Clark County commissioners are scheduled Wednesday to consider the Houston mogul's plans for a 43-story, 2420-room hotel-casino on the Strip. Located at the southeast corner of Las Vegas Boulevard and Harmon Avenue, the
upscale project
calls for…
The Nevada Independent
Legal changes make Colorado an enticing casino market for Nevada operators
DENVER - Nevada's major gaming companies avoided Colorado for nearly two decades after casinos were legalized in the historic mining towns of Black Hawk, Central City and Cripple Creek.
It wasn't much of a gamble.
Initially, bets in the state were limited to $5 and casinos were not open 24/7. The idea behind the 1990 legalization was to boost…
The Nevada Independent
Indy Gaming: Slot companies’ proposed merger briefly fires up investors
Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada.
If a colleague or associate emailed this newsletter to you, please
to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz
The investment community was abuzz earlier…
Seeking Alpha
Las Vegas casino stocks are seen as good bets to ride out economic downturn
Macquarie Research thinks casinos in Las Vegas are in better shape to handle an economic downturn than they have been in the past due to leaner cost structures and tight supply in the market.
Analyst Chad Beynon and team also pointed to strong pent-up demand for work travel and conferences, which are expected to help counterbalance a softer leisure…
RELATED AFFILIATES
The Nevada Independent
Experts: Efforts to ban smoking in Atlantic City casinos wouldn’t succeed in Nevada
New Jersey legislation that would ban smoking inside Atlantic City casinos has led to competing research about whether such action by state lawmakers would further destroy the Boardwalk's gaming revenue.
The heated debate has largely been ignored in Nevada, where just two casinos are smoke-free and any mention of a smoking ban meets heavy…
The Nevada Independent
Indy Gaming: ‘Economic challenges’ keeping five Clark County casinos closed into 2023
Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada.
If a colleague or associate emailed this newsletter to you, please
to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz
Five Southern Nevada casinos that never…
The Nevada Independent
Indy Gaming: Nevada casino regulators call cryptocurrency a ‘complex’ topic
Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada.
If a colleague or associate emailed this newsletter to you, please
to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz
Volatile pricing fluctuations that can…
Australasian Leisure
Star casino to pay $13 million following admission of underpaying staff
Star Entertainment Group - one of Australia's largest gambling and entertainment operators - has admitted to underpaying its staff with up to 2200 employees denied about $13 million over a six-year period.
The Star's staff underpayment scandal follows that involving other major Australian employers over the past few years, including the…
The Nevada Independent
Closed casinos, visitation declines hurt two Clark County gaming markets
Two North Las Vegas casinos that have been closed for 23 months and a nearly 38 percent decline in visitation to Laughlin kept the Clark County communities from meaningful participation in Nevada's record-shattering $13.4 billion gaming revenue year in 2021.
According to the Gaming Control Board, the markets were the only two of Nevada's 18…
The Nevada Independent
Nevada casinos near all-time gaming revenue mark after strong November
Nevada casinos have recorded their third-highest gaming revenue year.
And there is still one month to be added to the 2021 books.
The Gaming Control Board said Wednesday that statewide gaming revenue in November was $1.32 billion, just shy of the single-month record of $1.36 billion reported in July.
November's totals were a 41 percent increase…
The Nevada Independent
Vegas-based Full House Resorts approved for casino resort near Chicago
Moments after Full House Resorts won preliminary approval from the Illinois Gaming Control Board Wednesday to build a casino and hotel complex 40 miles north of downtown Chicago, investors expressed their delight for the small Las Vegas-based gaming operator.
Shares of Full House, which operates five casinos in four states, jumped more than 20…
The Nevada Independent
A buyer’s market: Vegas Strip casinos a hot commodity
High-profile Las Vegas Strip resorts aren't put up for sale every day.
Last week, however, Caesars Entertainment and MGM Resorts International, the Strip's two largest operators with a combined 17 properties, each said they wanted to part ways with a hotel-casino.
In a year that has seen more than $30 billion in announced mergers and acquisition…
Northern Nevada Business Weekly
Nevada casinos post 7th straight billion-dollar revenue month
LED signs of the Hard Rock and Montbleu casino/hotels in Stateline thank first responders on Sept. 1, 2021.Photo: Christian Monterrosa / The Nevada Independent
Howard Stutz | The Nevada Independent
California's wildfires were the primary culprit in diminishing activity and business at casinos on the north and south shores of Lake Tahoe during…
The Nevada Independent
Indy Gaming: G2E roundup finds optimistic CEOs, where the next Hard Rock LV isn’t going and a push for non-smoking casinos
Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how they tie back to Nevada.
If a colleague or associate emailed this newsletter to you, please
to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz
The word that was ubiquitous throughout the…
Review Journal
MGM Resorts sells casinos for billions, rents for huge sums
In a burst of multibillion-dollar deals, Las Vegas has seen investors pay mountains of money the past few years to own high-profile casino-resorts.
Those sales have also shown what casino operators - well, one in particular - are willing to pay to rent these properties.
MGM Resorts International has reached deals since fall 2019 to lease Bellagio,…
The Nevada Independent
Indy Gaming: Casino operators and investors concerned about Macau plans for gaming license overhaul
Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how they tie back to Nevada.
If a colleague or associate emailed this newsletter to you, please
to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz
Macau casino operators finally got an answer to…
The Nevada Independent
Indy Gaming: Expanding usage of mobile wallets and cashless payments requires education for players and casino staff
Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how they tie back to Nevada.
If a colleague or associate emailed this newsletter to you, please
to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz
Sightline Payments Executive Vice President Omer…
The Nevada Independent
MGM Resorts still the Strip’s largest casino operator, just not its biggest landowner
Nearly a decade ago, MGM Resorts International owned much of the Las Vegas Strip.
The company controlled more than 800 acres along the resort corridor, much of which housed 10 Strip resorts, the 67-acre CityCenter complex, a 33-acre concert venue and 23 acres that became The Park dining and retail space and T-Mobile Arena.
"It's a good time to be…
World Casino News
Positive pronouncements on Las Vegas Sands Corporation
In the
United States
and numerous industry analysts have reportedly predicted that the recent passing of
Sheldon Adelson
(pictured) at the age of 87 should have little serious impact on the immediate future of
Las Vegas Sands Corporation.
According to a story from CDC Gaming Reports, Adelson
died at his home in southern California on Monday…
BNN Bloomberg
Barron's
Las Vegas Has Been on a Roll. Here’s How to Play the Next Leg of Its Rally.
Investing in Las Vegas, like the city itself, continues to evolve.
Starting last year, investors bid up Las Vegas-related stock prices and valuations, in part in anticipation of a strong economic recovery helped by pent-up demand, and in part because they look favorably on the recent rush of casino operators into the promising early days of digital…
Review Journal
Tribal casino operators see opportunity in Las Vegas
The Las Vegas market is proving to be attractive for tribal gaming operators.
In October, Mohegan Gaming & Entertainment became the
first tribal enterprise
approved to run a casino in the Las Vegas resort corridor. Seven months later, the San Manuel Band of Mission Indians announced plans to purchase
Palms
for $650 million. And Hard Rock…
Play Indian Spirit Slot
Super Slots Casino
300% up to $2000 Welcome Bonus!
