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Morning Star

Should You Bet on Online Gambling Stocks Now?

Ivanna Hampton: Here's what's ahead on this week's Investing Insights. An off-the-field sports rivalry is brewing ahead of game day. What FanDuel's parent's latest play means for the online gambling industry. Plus, Meta unveils its first dividend. Find out if the tech company's stock falls into the cheap or expensive category. And, want to stop…
Finance
Should You Bet on Online Gambling Stocks Now?
Newser

Union Reaches Deal With Las Vegas Hotel-Casinos

A union representing hospitality workers says it has reached a tentative agreement with six more hotel-casinos in downtown Las Vegas and called off a strike deadline for another. The agreements averted a Monday morning walkout as the city kicks off Super Bowl week. The Culinary Workers Union announced Saturday that it had reached a tentative…
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Union Reaches Deal With Las Vegas Hotel-Casinos
Super Slots
Portland Press Herald

Strike averted as hospitality union settles with Las Vegas hotel-casinos before Super Bowl week

The union announced last week that it would go on strike if tentative contracts weren't in place by 5 a.m. Monday. Posted Updated 2 min read Font size+ LAS VEGAS - A union representing hospitality workers says it has reached a tentative agreement with six more hotel-casinos in downtown Las Vegas and called off a strike deadline for another. The…
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Strike averted as hospitality union settles with Las Vegas hotel-casinos before Super Bowl week
schiffgold.com

Wildest Inflation Red Flag: Vegas Table Limits

Anyone who has been to a restaurant, a grocery store, or the car lot during the Biden administration can't deny the reality of inflation. But despite what the federal government is saying about the success of its anti-inflation efforts red flags for inflation keep popping up in the strangest places. Take the Las Vegas Strip. Casinos on the Strip,…
Finance
Wildest Inflation Red Flag: Vegas Table Limits
Wild Casino

$5,000 Welcome Bonus

Deposit bonuses are optional and must be requested by the player when making a deposit. For example, use Promo Code WILD1 to a 100% Casino bonus. Your bonus request will be assessed and, if your account is eligible for the bonus, it will be added to your account immediately.
Review Journal

Why does Las Vegas have resort fees?

One of travelers' top complaints about Las Vegas comes down to a seemingly small fee: the resort fee. Direct booking and travel service sites don't include this additional fee - sometimes up to $50 - in the advertised room rate for resorts on the Strip and beyond. But nearly all major properties now have the additional charge. But what do they…
Finance
Why does Las Vegas have resort fees?
Travel and Leisure

It Just Got More Expensive to Stay at These Las Vegas Hotels

It just got a little more expensive to stay at many popular casino hotels. MGM Resorts, the parent company of some of the largest casinos and hotels in Las Vegas, recently increased resort fees at many of their properties, with some topping out at $50. The fees, which are added after a reservation is made, drive up the total cost of a reservation.…
Land-based
It Just Got More Expensive to Stay at These Las Vegas Hotels
news3lv.com

Culinary Union prepares to pickett on the Las Vegas Strip

Las Vegas (KSNV) - Casino workers from nearly a dozen independent casino properties are preparing to have an informational picket line on Friday. The Culinary Union 226 is still in negotiations with 19 casinos, impacting around 7000 workers. The organization is fighting for better pay and working conditions. A tentative deal was reached on…
Land-based
Culinary Union prepares to pickett on the Las Vegas Strip
Nevada Public Radio

Got a cheap hotel room in Las Vegas? Don't forget resort fees

For many decades, Las Vegas was a place you go and spend little on food or a room, with the idea that the casino would make money from gambling. The idea hasn't disappeared. And some places still advertise very low room rates. But the reality is much different. You might see an ad online for a $25 room, but upon payment time, you'll notice resort…
Land-based
Got a cheap hotel room in Las Vegas? Don't forget resort fees
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Politico

Why a Las Vegas casino holds the key to Western water

Hallway exchanges and happy hour chats at an annual conference at a Las Vegas hotel this week will determine the direction of the American West's most high-stakes water fight. | John Locher/AP LAS VEGAS, Nevada - The country's highest-stakes water fight in a century is playing out this week at a Las Vegas casino. The seven Western states that share…
Land-based
Why a Las Vegas casino holds the key to Western water
Review Journal

Culinary negotiations with three casino companies were predictable

Following the Culinary union's negotiation process with three major casino companies was like watching the movie "Titanic." Once the union struck its deal with Caesars Entertainment Inc. on Nov. 7, everybody who has ever seen the union in action knew other companies would fall in line, just as surely as everybody who has seen the 1997 James Cameron…
Travel
Culinary negotiations with three casino companies were predictable
Grandprix 247

Las Vegas avoids hospitality workers strike

The new five-year agreement covers 5000 employees at two Wynn Resorts properties and follows similar deals for 35500 workers with rivals Caesars Entertainment and MGM Resorts International earlier this week. U.S. President Joe Biden hailed the deals on Friday and congratulated the unions, he said in a statement: "This agreement will help give all…
Travel
Las Vegas avoids hospitality workers strike
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CBS News

Las Vegas hotel and casino workers reach tentative deals to avoid strike

Over seven months of tense negotiations, mandatory daily room cleanings underscored the big issues that Las Vegas union hotel workers were fighting to address in their first contracts since the pandemic: job security, better working conditions and safety while on the job. From the onset of bargaining, Ted Pappageorge, the chief contract negotiator…
Land-based
Las Vegas hotel and casino workers reach tentative deals to avoid strike
Los Angeles Times

Las Vegas hospitality workers vote for strike against hotels, casinos

Tens of thousands of Las Vegas hospitality workers fighting for new union contracts voted Tuesday to authorize a strike that could impact more than three dozen casinos and hotels, the city's economic backbone. The Culinary Workers Union hasn't gone on strike in more than three decades. The union didn't immediately set a deadline for a walkout as it…
Travel
Las Vegas hospitality workers vote for strike against hotels, casinos
Eater Vegas

60,000 Hospitality Workers in Las Vegas Vote to Authorize Casino Strike

More than 50000 service industry workers in Las Vegas voted on Tuesday, September 26, to authorize a strike that could impact 22 casino resorts on the Strip - which means bartenders, cooks, cocktail and food servers, guest room attendants, porters, bellmen, laundry, and kitchen workers statewide could hit the picket line at any time. The Culinary…
Land-based
60,000 Hospitality Workers in Las Vegas Vote to Authorize Casino Strike
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The Hill

Las Vegas hospitality workers authorize strike against hotels, casinos

The Culinary Workers Union in Las Vegas, the largest union in Nevada, voted to authorize a strike against major casinos on Tuesday if contract disputes continue. The union represents more than 60000 hospitality workers in Las Vegas and is one of Nevada's strongest political forces. More than 95 percent of workers voted to authorize a strike…
Travel
Las Vegas hospitality workers authorize strike against hotels, casinos
Yogonet

Massachusetts: Mashpee Wampanoag tribe's $1 billion casino plan resurfaces

The Mashpee Wampanoag Tribe, which has long planned to develop a $1 billion resort and casino in Taunton, Massachusetts, is now in discussions about a new proposal for the project. The venture, known as the First Light Resort & Casino, was initially put on hold shortly after the commencement of construction in 2016 due to a series of legal…
Gaming Authorities
Massachusetts: Mashpee Wampanoag tribe's $1 billion casino plan resurfaces
Taunton Gazette

Taunton casino: Mashpee Wampanoag Tribe proposes new development

TAUNTON - Where does the Mashpee Wampanoag tribe stand regarding building a casino in Taunton? This question may soon be answered. The Mashpee Wampanoag Tribal Gaming Authority has asked to meet with the Taunton City Council to discuss a new development proposal in connection with the proposed $1 billion First Light Resort & Casino - which was put…
Law
Taunton casino: Mashpee Wampanoag Tribe proposes new development
commonwealthmagazine.org

Gaming Commission asks feds to shut down illegal gambling

Gamblers in Massachusetts have a full menu of wagering options to choose from these days: physical casinos, sports betting in person or online, and the state lottery, which some officials are itching to bring online as well. One thing not on the menu, Bay State regulators want to make clear, is illegal gambling. Members of the Massachusetts Gaming…
Law
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Forbes

Placing Bets In The Global Energy Casino

If you think investing in energy projects is an activity akin to placing bets in a Las Vegas casino, you aren't alone. The similarities are so ever-present and obvious, in fact, that even public officials fall into the use of gambling language to describe some policy decisions. At the conclusion of a ministerial meeting of G7 member countries over…
Politics
Placing Bets In The Global Energy Casino
Review Journal

Las Vegas is no longer a ‘value destination.’ But visitors keep coming

I always get a chuckle out of hearing longtime Las Vegas residents yearning for the days when the mob ran the city's casinos instead of corporations. Sure, it's disappointing to see the long list of perks that bring customers to resorts continually eroding. But at least you don't have to worry about being buried in a hole in the desert. Several…
Travel
Las Vegas is no longer a ‘value destination.’ But visitors keep coming
Gambling Industry News

President Biden Takes Aim at Unfair Resort Fees in Move that Could Impact Las Vegas Casinos

President Joe Biden has called on Congress to limit certain extra charges that airlines and hotels impose on consumers, a move that could have a significant impact on the US casino land-based casino hospitality industry. Speaking before a meeting of the White House Competition Committee, Biden suggested that Congress limit fees for airline seat…
Land-based
President Biden Takes Aim at Unfair Resort Fees in Move that Could Impact Las Vegas Casinos
Las Vegas Weekly

22 Las Vegas headlines from 2022

Attendance at January's CES tech show fell more than 75% compared to its previous in-person event in 2020, but it helped get the ball rolling for the return of conventions to Southern Nevada after nearly two years of COVID-cleared calendars. More than 40000 people attended the event, and 2023 attendance is expected to rebound by 70%. The best new…
Incidents
22 Las Vegas headlines from 2022
Tampa Bay Times

Biden administration says Florida, Seminole Tribe gambling deal should get OK

TALLAHASSEE - The Biden administration is urging an appeals court to reinstate a deal that gave the Seminole Tribe control of sports betting throughout Florida, nearly nine months after a Washington, D.C.-based judge ruled that the 30-year agreement violated federal law. A U.S. Department of the Interior brief filed Wednesday offered a…
Poker
Biden administration says Florida, Seminole Tribe gambling deal should get OK
Gambling News

Casino Workers to Vote on General Strike in Atlantic City

Despite the gambling industry in Atlantic City is in a fairly good place, a workers union will vote on Wednesday to call a strike against the city's casinos, and some of the biggest employers, with whom they have failed to establish new contract agreements. While city casinos are hungry for new workers, they have moved fairly slowly on ensuring…
Covid
Casino Workers to Vote on General Strike in Atlantic City
The Street

Caesars, MGM, Las Vegas Strip Get Surprising Good News

It started with March Madness and continued through the National Football League (NFL) Draft leading into what looks like a potentially record-setting summer. Las Vegas turned the corner on the covid pandemic and saw visitors flock to the Las Vegas Strip hotels operated by Caesars Entertainment (CZR) - Get Caesars Entertainment Inc. Report,…
Land-based
Caesars, MGM, Las Vegas Strip Get Surprising Good News
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…
Land-based
Indy Gaming: Nevada casino regulators call cryptocurrency a ‘complex’ topic
Forbes

IRS Taxes Kentucky Derby Wins, But Can You Deduct Losses?

Rich Strike's improbable Kentucky Derby win made the owner flush, with a $1.86M purse on a horse that only cost $30000. There were plenty of other winners too, for anyone bold and prescient enough to take a flier bet on this most unlikely of winners at Churchill Downs. The most amazing type of win would have been the so-called superfecta bet. To…
Finance
IRS Taxes Kentucky Derby Wins, But Can You Deduct Losses?
Delaware Business Times

Delaware Online Gambling Revenue Hits New High at End of Year

Delaware online gambling had an incredibly successful 2021, finishing the year on a very positive note. However, what are the reasons for the success, and what is driving the online gambling industry forward in the Blue Hen State. Follow the link if you want online gambling in Delaware covered in more detail, where you will find information about…
Finance
Delaware Online Gambling Revenue Hits New High at End of Year
The Nevada Independent

Experts: Nevada’s casino industry can’t ‘bury its head’ over cryptocurrency

Derek Stevens wasn't sure how his customers would respond eight years ago when he began accepting Bitcoin for select non-gaming transactions at the D Las Vegas and Golden Gate. He thought guests would use the digital currency for splashy purchases, such as hotel rooms or meals at the D's American Coney Island and Andiamo Italian Steakhouse.…
Industry
Experts: Nevada’s casino industry can’t ‘bury its head’ over cryptocurrency
El Paso Matters

U.S. Supreme Court hears Tigua gambling case

El Paso's Tigua Indians finally got their day before the U.S. Supreme Court on Tuesday, capping a three-decade legal battle with the state of Texas over whether the tribe can offer some type of gambling on its land. Lawyers for the Tiguas, the state and the U.S. Department of Justice spent just over 90 minutes in oral arguments before the high…
Law
U.S. Supreme Court hears Tigua gambling case
Redlands Daily Facts

Casino Insider: What’s coming to Las Vegas casinos in 2022

Casino Insider is a weekly newsletter with all the best bets for food, entertainment and fun at Southern California's casinos. It's delivered to your inbox on Thursdays. I know our focus is Southern California's tribal casinos, but there are some noteworthy projects happening in Las Vegas this year, too. Beyond Southern California In Massachusetts,…
Land-based
Casino Insider: What’s coming to Las Vegas casinos in 2022
The Wall Street Journal

Dogecoin, Citigroup, Novavax, Las Vegas Sands: What to Watch in the Stock Market Today

Wall Street stock indexes in morning trading after the first wave of major bank earnings of the season. Here's what we're watching in Friday's trading: JPMorgan Chase reported a, though the slowdown didn't stop the bank from setting a record for annual profit. Wells Fargo said its in the final three months of 2021. BlackRock posted, as market gains…
Crypto
Dogecoin, Citigroup, Novavax, Las Vegas Sands: What to Watch in the Stock Market Today
The Herald Review

Newly affirmed, tribe looks at casino plans with fresh eyes

BOSTON (AP) - As he begins his first full year in office, the new head of a Massachusetts tribe says he intends to take a cautious approach to gambling while turning attention to social challenges and other economic opportunities for its members. Mashpee Wampanoag Tribe Chairman Brian Weeden, who is 29 and is the youngest ever to old the post, said…
Sports
Review Journal

Grammys crank up the volume on Las Vegas buzz

The Grammys are tire-kicking around the Las Vegas Strip. MGM Grand Garden is reportedly being held to host the show in April. This, according to reporting by Billboard, citing unnamed sources. MGM Resorts International officials have declined comment on the report, and questions of whether the company is in talks with the Recording Academy to pick…
Politics
Grammys crank up the volume on Las Vegas buzz
Fairfield Citizen

New federal law affirms Catawba casino in North Carolina

KINGS MOUNTAIN, N.C. (AP) - A new federal law affirms the operation of a casino in North Carolina by the South Carolina-based Catawba Indian Nation, ending a yearslong dispute between the tribes. President Joe Biden signed the The Catawba Indian Nation Lands Act, which was included in a larger piece of legislation authorizing military spending, on…
Law
Lowellsun

Joe Biden’s slot machine

Will gas prices topple President Biden? The French demanded bread. The queen is supposed to have told them to eat cake. The king's head thudded into the basket below the guillotine. Tea chests splashed into Boston Harbor. In 2007, Mexicans rioted over the price of corn used to make tortillas. The president of the United States of America is…
Slots
Joe Biden’s slot machine
WLRN

Fate of Florida gambling deal unclear as Seminole Tribe makes case

TALLAHASSEE --- The legality of sports betting in Florida remained uncertain Wednesday, as the Seminole Tribe escalated efforts to keep intact a deal giving it control over online sports wagering following a judge's ruling that the agreement violates federal law. The tribe's latest legal salvos gave no indication of plans to comply with U.S.…
Covid
Fate of Florida gambling deal unclear as Seminole Tribe makes case
Politico

DeSantis may need Biden to rescue $2.5B gambling deal

Right now the department isn't commenting. DeSantis himself did not know about the decision until asked about it by a reporter at an early morning press conference in Fort Lauderdale on Tuesday. But it puts the governor - who routinely rails against Biden and is caught in legal clashes with the administration over vaccine mandates, cruise ships and…
Politics
DeSantis may need Biden to rescue $2.5B gambling deal
Adotas

Most Readily Useful UNITED STATE Casino Betting Internet for

Casino Real Money - Most Readily Useful UNITED STATE Casino Betting Internet for Unnited web based poker is completely accredited by Curacao and Slots Holland Onlinf and countries lots of visit here online game and Ruby slot machines No Bonus casino poker events. His or her more details exists as both actual Personal Computer online client and a…
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Most Readily Useful UNITED STATE Casino Betting Internet for
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…
Land-based
Nevada casinos post 7th straight billion-dollar revenue month
Hometime Station

Can Online Casino Games Help States Pay Off Debt Burdens?

The history of online casino gaming in the USA is colourful, to say the least. At first, the government completely ignored it, and it boomed massively, with payments companies like Neteller popping up solely to serve the online gambling space. However, in 2006, congress passed the Unlawful Internet Gambling Enforcement Act. This ushered in a dark…
Games
Can Online Casino Games Help States Pay Off Debt Burdens?
KTNV Las Vegas

Las Vegas hosts national immigration conference

LAS VEGAS (KTNV) - The nation's largest immigration rights conference begins at the Westgate hotel-casino in Las Vegas Sunday. The conference is bringing 41 of the nation's largest regional immigration rights groups together with partners to address emerging migration issues across the United States. The National Immigration Integration Conference,…
Industry
Las Vegas hosts national immigration conference
The Buffalo News

Federal review calls into question legality of Seneca casino payments to NY

ALBANY - The Biden administration has opened an inquiry into whether a casino revenue sharing deal between the Seneca Nation of Indians and New York State is legal, a potentially significant step for the tribe that has been ordered by an arbitration panel and federal judges to pay $500 million in missed casino payments to Albany. The Senecas filed…
Payment Methods
Federal review calls into question legality of Seneca casino payments to NY
Marianas Variety

Yeom on online gambling: It’s up to lawmakers to decide

COMMONWEALTH Casino Commission Executive Director Andrew Yeom on Friday appeared before a House committee to present the findings of his research into the feasibility of internet gambling in the CNMI. Yeom was invited by House Gaming Committee Chairman Edwin Propst to discuss the issue with lawmakers. In his remarks, Yeom said he is not advocating…
Law
Yeom on online gambling: It’s up to lawmakers to decide
The Nevada Independent

‘What’s the endgame?’ No resolution projected as decades-long feud between Culinary and Station Casinos continues

A second-floor meeting hall in the aging downtown Las Vegas headquarters of Culinary Workers Local 226 has long attracted local, state and national candidates seeking support from the influential labor group's membership. Oftentimes, Station Casinos is a talking point. In November 2019, Vice President Kamala Harris, then a California senator who…
UFC / MMA
‘What’s the endgame?’ No resolution projected as decades-long feud between Culinary and Station Casinos continues
El Paso Herald Post

Biden administration sides with Tigua, Alabama-Coushatta tribes in long-standing gambling fight with Texas

The Texas state government and the tribes have repeatedly gone to court since 1993 over gambling issues, with the state regularly prevailing since a 1994 5th Circuit Court of Appeals decision known as Ysleta I held that federal law prohibited gambling on Tigua (also known as Ysleta del Sur Pueblo) and Alabama-Coushatta land. Now, the Biden…
Politics
Biden administration sides with Tigua, Alabama-Coushatta tribes in long-standing gambling fight with Texas
Equities

Sciplay (SCPL) gains 3.81% for August 27

Sciplay Corp - Class A (NASDAQ: SCPL) shares gained 3.81%, or $0.7 per share, to close Friday at $19.08. After opening the day at $18.35, shares of Sciplay fluctuated between $19.22 and $18.35. 1357745 shares traded hands an increase from their 30 day average of 546532. Friday's activity brought Sciplay's market cap to $466393447. Sciplay is…
Bingo
Equities

Sciplay (SCPL) gains 2.99% to Close at $18.93 on August 25

Today, Sciplay Corp - Class A Inc's (NASDAQ: SCPL) stock gained $0.55, accounting for a 2.99% increase. Sciplay opened at $18.40 before trading between $19.10 and $18.35 throughout Wednesday's session. The activity saw Sciplay's market cap rise to $462726832 on 876534 shares -above their 30-day average of 611190. SciPlay is a leading developer and…
Bingo
FTN News

Keeping Up With the Times: How Online Casinos Have Developed

The gambling industry has taken giant strides away from where it was five years ago. It has experienced unprecedented changes and at the center of it all. Let's take a look at online casinos, their benefits, trends, and how much they have developed over the last five years. 26% of the world's population participate in one gambling activity or the…
Crypto
Keeping Up With the Times: How Online Casinos Have Developed
Equities

Sciplay (SCPL) gains 4.44% for August 23

Sciplay Corp - Class A (NASDAQ: SCPL) shares gained 4.44%, or $0.77 per share, to close Monday at $18.10. After opening the day at $17.51, shares of Sciplay fluctuated between $18.24 and $17.45. 376161 shares traded hands a decrease from their 30 day average of 640532. Monday's activity brought Sciplay's market cap to $442438228. Sciplay is…
Bingo
Express

Have YOU won tonight's £25million jackpot? Winning numbers

EuroMillions players will need to match five main numbers and two Lucky Stars to get their hands on tonight's huge jackpot. But today (August 20), the National Lottery announced two huge prizes from last week have still not been claimed. The National Lottery said it is looking for two lottery winners to come forward for the cash. Camelot said the…
Winnings
Have YOU won tonight's £25million jackpot? Winning numbers
Equities

Sciplay (SCPL) falls 2.25% in Light Trading on August 17

Sciplay Corp - Class A (NASDAQ: SCPL), a Las Vegas, Nevada, company, fell to close at $17.40 Tuesday after losing $0.4 (2.25%) on volume of 437910 shares. The stock ranged from a high of $18.02 to a low of $16.94 while Sciplay's market cap now stands at $425327357. SciPlay is a leading developer and publisher of digital games on mobile and web…
Bingo
CoinGeek

FunFair's blockchain casino closes due to Ethereum congestion

The internet of money should not cost $0.05 per transaction. It's kind of absurd. - Vitalik Buterin, 2014. One of the most promising applications of blockchain technology is casino gaming. However, so far, blockchain-based casino and betting applications haven't been able to reach their full potential due to being built on unscalable networks. King…
Crypto
FunFair's blockchain casino closes due to Ethereum congestion
The Hill

Las Vegas hotel that defied coronavirus restrictions loses legal battle

A Las Vegas hotel that defied coronavirus restrictions in 2020 and was fined by the state lost its legal battle on Friday. Clark County District Court Judge Nancy Allf dismissed the case that the Ahern Hotel and Convention Center brought against the state, State Attorney General Aaron Ford announced Friday. The judge determined the actions made by…
Land-based
Las Vegas hotel that defied coronavirus restrictions loses legal battle
WFSU

Feds Clear Way for Florida Gambling Deal

Delivering a major victory to Gov. Ron DeSantis and the Seminole Tribe, President Joe Biden's administration has allowed to go into effect a 30-year gambling deal that gives the tribe control of sports betting in Florida, setting the stage for litigation over the agreement that could reshape the state's gambling footprint. The federal Bureau of…
Law
Feds Clear Way for Florida Gambling Deal
The Moguldom Nation

7 Things To Know About Urban One's New Casino In Richmond, Virginia

Black-owned media conglomerate Urban One is expanding yet again. This time it's not another media outlet but a casino based in Richmond, Virginia. The One Casino Resort is still in the planning stages but will take Urban One into a different business sector. Newly divorced, single mother Cathy Hughes founded Urban One (formerly Radio One) in 1980…
Top and Best
7 Things To Know About Urban One's New Casino In Richmond, Virginia
World Casino News

Las Vegas weighing coronavirus hesitation

After being allowed to discard almost all of their coronavirus-related restrictions in May and the over 140 casinos in Las Vegas are reportedly in the midst of a renaissance courtesy of ever-increasing crowds and skyrocketing gaming revenues. However, the Associated Press news service used a Saturday report to disclose that all of this success is…
Politics
Las Vegas weighing coronavirus hesitation
Texas News Today

What Happened with the Texas Casino Bill?

The burgeoning iGaming market represents huge business in the US, with this sector worth an estimated $59.6 billion in 2020. What's more, the revenue forecast for 2027 is $127.3 billion, with this increasing incrementally as more states move to legalise online casino gameplay and (more commonly) remote sports betting. However, one state that's…
Politics
Cardschat

US DOJ Allows Appeals Window to Expire in Wire Act Online-Gambling Case

The United States Department of Justice [DOJ] has allowed the time window to expire for appealing an important 2019 US Appeals Court decision involving the Wire Act and its previous impact on most forms of online gambling in the country. In allowing the window to expire on Monday and not continuing the previous pro-Wire Act efforts of the Trump…
Covid
US DOJ Allows Appeals Window to Expire in Wire Act Online-Gambling Case
Play NJ

Trump threatened to kill online gambling. N.J. just asked Biden to declare it legal.

New Jersey is asking the U.S. Justice Department to confirm that online gambling is allowed under federal law, an issue officials thought was settled until the agency reversed course under Donald Trump. After Justice in 2011 ruled during Barack Obama's administration that the federal Wire Act did not ban gambling over the internet, New Jersey was…
Politics
Trump threatened to kill online gambling. N.J. just asked Biden to declare it legal.
Hospitality Net

HVS Las Vegas Casino & Hotel Market Outlook 2021

The impact of the COVID-19 pandemic on the Las Vegas economy has been extremely harsh given the market's reliance on visitation and conventions. Following five consecutive years of accommodating more than 42 million visitors, Las Vegas hosted just over 19 million people in 2020 (the lowest number of visitors since 18.1 million in 1989). While…
Travel
Penn Live

Who won? Small town abuzz as winner of $731M Powerball jackpot remains a mystery

LONACONING, Md. (AP) - There haven't been a lot of big wins in this little town tucked between gentle green mountains in Maryland's far western reaches. Coal brought work, then took it away. The railroad meant prosperity, then stopped running. They made glass here, and then they didn't. These days, the line of cars at the First Assembly of God food…
Winnings
Who won? Small town abuzz as winner of $731M Powerball jackpot remains a mystery
The Washington Post

Powerball jackpot mystery: Who won $731 million in Lonaconing,Md.?

But over the past few weeks, Lonaconing - the locals call it "Coney" - has acquired a new shine, a glint of gold in iron country. Sometime in late January, someone bought a Powerball lottery ticket at the Coney Market, and that ticket's six numbers won the big one - $731 million, the biggest jackpot ever in Maryland and the fifth-richest payout in…
Winnings
Powerball jackpot mystery: Who won $731 million in Lonaconing,Md.?
CoinPedia

Would New President Change Online Casino Laws In The USA

America has had a long-term relationship with gambling. Despite being home to one of the most developed gambling destinations - Las Vegas, the country itself does not share a major enthusiasm for gambling like the UK. Due to the Prohibition Era and other similar blocks over the years, one would struggle to find a safe spot for gambling in the…
Poker
Would New President Change Online Casino Laws In The USA
Times Union

Virus aid, no new taxes top US gambling industry 2021 goals

ATLANTIC CITY, N.J. (AP) - The U.S. gambling industry wants additional financial aid from the next round of coronavirus stimulus legislation, and promises to fight new or higher taxes on its operations as it works to recover from the pandemic. Bill Miller, president of the American Gaming Association, the gambling industry's national trade group,…
Finance
Calvin Ayre

Will Golden Nugget follow Penn & GameStop into Parabola Land?

We need a new word for what's going on in the capital markets. "Mania" just doesn't cut it anymore. The stocks of nearly bankrupt companies are acting like vapid viral tweets, or the next video of an unlucky cat swinging from a ceiling fan and flung into a wall. A vast army of Robinhood day-trading high-school graduates living in their parents'…
Sports
Will Golden Nugget follow Penn & GameStop into Parabola Land?
US Gambling Sites

Violence still a problem on the Vegas Strip, with security increased for the inauguration.

Known for providing a good time, with plenty of casino gaming, drinks, and dining, the Las Vegas Strip is usually a go-to spot for travelers. However, the COVID-19 pandemic has led to lesser traffic in the region, which means fewer revenues for the state. On top of lower traffic numbers, those who are traveling to the Strip are bringing violence…
Incidents
Violence still a problem on the Vegas Strip, with security increased for the inauguration.
Calvin Ayre

Gambling companies used to launder funds from Twitter hack

The recent high-profile hack of Twitter saw many of the platform's biggest names suddenly posting that users could profit by sending them digital currency. A blockchain forensics firm has revealed that at least some of the funds gained from this scam may have been laundered through gambling sites. After analyzing the wallet addresses posted by the…
Finance
Gambling companies used to launder funds from Twitter hack
CHRON

Online gambling sites swing wildly back-and-forth between Biden, Trump

One thing we learned on election night, don't pay attention to the betting odds at online sportsbooks if you want to have some sense of calm or normalcy. Joe Biden entered election day as a -210 favorite on BetOnline.ag to beat Donald Trump and win the presidential election. That means a bettor would have had to wager $210 just to win $100. That…
Gambling Sites
Online gambling sites swing wildly back-and-forth between Biden, Trump