#Howard Stutz

SportsBetting
CDC Gaming Reports CDC Gaming Reports 4 days
@CDCNewswire

Las Vegas Sands details New York casino proposal

Gambling Insider Gambling Insider 4 days
@G_Insider

Las Vegas Sands posts 11% Q4 revenue increase

Gambling Insider Gambling Insider 18 days
@G_Insider

Las Vegas Sands proposes multi-billion dollar development on Long Island

Nevada Public Radio

Packed casinos a sign of good things to come in Las Vegas

There are more people in Las Vegas casinos than ever before. The industry is growing. Last year was a record year for Nevada. VICI bought the Venetian and Palazzo and is leasing back the properties on the Las Las Strip. Circa and Golden Nugget are big draws in downtown Las. Henderson lost the Fiesta hotel-casino and Eastside Cannery is yet to reopen.
Land-based
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.
RELATED TOPICS
The Nevada Independent

Indy Gaming: Research gives AGA ammunition in fight with illegal gambling operations

American Gaming Association CEO Bill Miller said in October that the legal casino industry misses out on $300 billion annually that gamblers wager with illegal betting operations. The study conducted by The Innovation Group found that illegal gambling costs the industry $44.2 billion in potential gaming revenue. AGA asked the U.S. Department of Justice to crack down on illegal, online sportsbooks and casinos as well as unregulated “skill game” slot machines. It's unclear whether Congress will jump on the issue. A vice president of AGA said the research was sent to all 535 members of Congress.
Industry
Indy Gaming: Research gives AGA ammunition in fight with illegal gambling operations
The Nevada Independent

Indy Gaming: Caesars pulls the plug on its three-year plan to sell a Strip casino

Caesars Entertainment CEO Tom Reeg wanted to sell one of the company's Strip properties. Reelce announced the start of a sales effort a year ago, 16 months after the merger. The off-Strip Rio Resort was sold to a New York real estate investment firm for $516.3 million. Caesar's will keep its Vegas Strip assets.  The company’s Strip hotel-casinos produced almost $1.1 billion of revenue in the third quarter and $480 million of cash flow. It is the Caeresars-owned casino farthest south on the Strip is Paris Las Vegas.
Sports
Indy Gaming: Caesars pulls the plug on its three-year plan to sell a Strip casino
The Nevada Independent

Indy Gaming: Caesars enters NYC casino skirmish after first rejecting the idea

Caesars Entertainment announced a partnership with SL Green Realty Corp. on a venture to develop Caesers Palace Times Square. Caeres Entertainment CEO Tom Reeg had previously said it was unlikely the company would enter the New York casino market. The RFP process for the casino will start in early 2023. New Yorkers approved a bill to provide for three downstate gaming licenses in 2013. Lawmakers touted union jobs, increased tourism and tax revenue. It was also set aside to give a casino license to SL. Green CEO Mark Holliday said there wasn't much to be revealed until New york releases the request for proposal (RFP) for a new casino.
Covid
Indy Gaming: Caesars enters NYC casino skirmish after first rejecting the idea
The Nevada Independent

Indy Gaming: Expanded multi-state online gaming may not benefit Nevada

Nevada had three online poker sites in 2014, but only one recorded a monthly revenue exceeding $1 million. Caesars and MGM are among the largest online operators in the U.S. and offer World Series of Poker tickets online. The company BetMGM is not planning to bring online gaming to Nevada. The state's gaming industry is reluctant to legalize online casino gaming. Red Rock Casinos opposed any online regulation expansion. Last year, the Nevada Gaming Control Board postponed a workshop hearing to discuss potential regulatory changes. It was never rescheduled.
Industry
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.
RELATED LOCATIONS
The Nevada Independent

Indy Gaming: Slot company booths teeming with activity at G2E

Aristocrat Gaming has exclusive rights to use the logos of 32 NFL teams on slot machines in casinos worldwide. The company has a prototype of the NFL-themed slot machine under wraps. Analysts believe 2023 could be a good year for slotmachine companies. The three major providers account for 73 percent of international slot Machine Market. They are Aristocrat, Light & Wonder and International Game Technology. It's a weekly newsletter that looks at gaming matters nationally and internationally. This week's topic is events in Nevada. iReport.com.
Gaming Authorities
Indy Gaming: Slot company booths teeming with activity at G2E
Sparks Tribune

Century Casinos executive: ‘If you’re a gaming company, wouldn’t you want to be in Nevada?’

Century Casinos is buying the Nugget Casino Resort in Sparks for $195 million. The company has two casinos in the historic Colorado mining communities of Central City and Cripple Creek. It has a collection of gaming operations in Alberta, Canada and Poland. Century spent $107 million in 2019 to acquire the operations of two Missouri properties and the West Virginia racetrack casino. Northern Nevada provides Century an opportunity to prove its operational expertise in a destination market. The Nug get has 1,382 hotel rooms, more than triple the combined hotel room of Century's U.S. portfolio.
Travel
The Nevada Independent

Indy Gaming: Slot companies’ proposed merger briefly fires up investors

The investment community was abuzz over a potential merger between two rival gaming equipment suppliers. The fervor lasted less than 12 hours. Inspired Entertainment offered AGS $10 per share, but AGs rejected the offer. Stifel Financial gaming analyst Jeffrey Stantial wrote that the merger is unique in that there is no overlap between the two companies product-wise. Truist Securities gaming analysts Barry Jonas said Inspired is focused on its European business, while AG's is concentrated in the North American gaming market. AG went public in 2018 at an initial price of $16 per shares.
Finance
Indy Gaming: Slot companies’ proposed merger briefly fires up investors
The Nevada Independent

Indy Gaming: Bally’s says it will close purchase of Tropicana Las Vegas next month

Bally's plans to redevelop Tropicana on the south-Strip are not likely to be realized until 2023. The team is considering two sites in the resort corridor for a new ballpark. Bally’s purchase of Tropicaana still needs approval by Nevada gaming regulators. The matter is not scheduled to come up on this month”s agenda. A's want to build a $1 billion waterfront ballpark in Oakland to replace the 57-year-old RingCentral Coliseum. They are also considering a 27-acre parcel behind Planet Hollywood and Paris Las Vegas.
Valentine's Day
Indy Gaming: Bally’s says it will close purchase of Tropicana Las Vegas next month
Yabby Casino

$75 Free Chip (Code: LIVE75)

1. Open an Account, 2.Make a deposit and, redeem Bonus, 3. Play & Have fun!
RELATED CATEGORIES
The Nevada Independent

Indy Gaming: SCOTUS ruling favoring Texas tribal casinos has ‘wider implications’

Supreme Court ruling last week allows the Tigua Indians of El Paso to operate bingo at an El Paso entertainment center. It also benefits the Alabama-Coushatta tribe, which has been fighting with Texas officials over bingos on its reservation. Las Vegas Sands will work with the Legislature next year to put a casino referendum on the ballot in Texas. Last year, Texas lawmakers rejected a Las Las Sands-backed casino gaming proposal.  WinStar World Casino and Resort is located in Thackerville, Oklahoma, on Interstate 35.
Gaming Authorities
Indy Gaming: SCOTUS ruling favoring Texas tribal casinos has ‘wider implications’
The Nevada Independent

Indy Gaming: ‘Economic challenges’ keeping five Clark County casinos closed into 2023

Five casinos in Southern Nevada are not going to reopen. The economic downturn is keeping the doors locked. Red Rock Resorts spends $2.1 million every three months to keep the properties operational. The Southern Nevadans produced a gaming revenue record of $1.17 billion in March. It is expected to be higher in the first four months of 2022. There are also concerns about the impact of inflation and high gas prices. For now, the three companies have written off any reopening plans. They are still required to pay state license fees and certain slot machine and table game taxes.
Lottery
Indy Gaming: ‘Economic challenges’ keeping five Clark County casinos closed into 2023
The Nevada Independent

Indy Gaming: Aristocrat Americas president sees convergence with online and casinos

Tom O'Brien was promoted to president of Aristocrat's Americas Division in February. O’Brien's predecessor, Hector Fernandez, was appointed CEO of the company's land-based gaming products and services division. Mitchell Bowen, who was CEO for the land based division, is now heading the group that is growing Aristocrats' online gaming segment. Online gaming is hot and both players can play both online and at casinos. Aristocratic has been working with "a couple of big operators" on building an online platform that appeals to both market segments. It's aimed at increasing the presence of land base casinos in the online market.
Sports
Indy Gaming: Aristocrat Americas president sees convergence with online and casinos
RELATED BRANDS
The Nevada Independent

Indy Gaming: Three years later, no action in D.C. to raise jackpot tax threshold

The gaming industry wants to increase the tax reporting threshold on slot machine jackpots from $1,200 to $5,000. The current threshold was established in 1977. House Congressional Gaming Caucus filed bipartisan legislation to have Congress authorize the changes. It's an election year and Congress is deadlocked by partisan bickering. A $2,500 jackpot is a common amount in slot machines. In the past, a $200 jack pot triggered a shutdown of the machine. Now, it's commonplace. According to AGA, slot revenues accounted for $32.5 billion of $53 billion in gaming revenues produced by the nation’s commercial casinos in 2021.
Winnings
Indy Gaming: Three years later, no action in D.C. to raise jackpot tax threshold
Northern Nevada Business Weekly

Nevada gamers tentatively OK remote registration for cashless wagering

The Gaming Control Board recommended approval of a regulation change that would allow casino customers to establish wagering accounts for cashless gaming remotely. The regulation still has to be approved by the Nevada Gaming Commission. It would be possible to set up a wager account remotely using an app. The change would not conflict with federal anti-money laundering laws. A lawyer representing Station Casinos had argued otherwise. Sightline Payments is involved in the technology at Resorts World Las Vegas and nine Boyd Gaming properties that allow casheless payments for slot machine play.
Gaming Authorities
Nevada gamers tentatively OK remote registration for cashless wagering
The Nevada Independent

Indy Gaming: Despite three closed properties, Red Rock expanding in Vegas

Red Rock Resorts expects to begin construction in the first quarter of 2022 on a $750 million hotel-casino development in southwest Las Vegas locals market. Three of Red Rock's older properties remain closed 20 months after gaming reopened in Nevada following a 78-day shutdown because of the pandemic. A fourth closed Station Casinos property, Palms Casino and Resort, is in process of being sold to the gaming arm of Southern California’s San Manuel Band of Mission Indians for $650 million. SB386 was passed during the 2021 Legislative session. It guaranteed the rights of gaming and tourism industry workers who were laid off during pandemia to return to their jobs. Redrock opposed the legislation.
Sports
Indy Gaming: Despite three closed properties, Red Rock expanding in Vegas
RELATED AFFILIATES
Vegas Slots Online

Boyd Gaming Furthers Cashless Commitment in Las Vegas

The gambling industry is moving towards digital payment technology. Aliante Casino, Hotel, and Spa in Las Vegas is one of the casinos that has joined this revolution. Boyd Gaming Corporation announced the launch of its cashless table game solution powered by Aristocrat Gaming on Wednesday.
Covid
Boyd Gaming Furthers Cashless Commitment in Las Vegas
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

The word that was ubiquitous throughout the three-day Global Gaming Expo in Las Vegas was optimism. The gaming industry's top executives are focused on finishing 2021 on a high note and moving toward more normalized operations in 2022. Wynn Resorts' Matt Maddox is excited about the future of Las Nevada. MGM Resort's Bill Hornbuckle is also optimistic. The American Gaming Association released a “CEO Outlook” survey. 70 percent of the CEOs from casino companies and gaming equipment suppliers expect a better business situation in the next six months.
Sports
Indy Gaming: G2E roundup finds optimistic CEOs, where the next Hard Rock LV isn’t going and a push for non-smoking casinos
The Nevada Independent

Indy Gaming: Casino operators and investors concerned about Macau plans for gaming license overhaul

Macau government announced 45-day regulatory overhaul for gaming license renewal process. The announcement caused a wipeout of more than $18 billion in stock market value by investors. J.P. Morgan gaming analyst Joe Greff lowered his firm's ratings on Macau casino operators. For Las Vegas Sands, unlike Wynn and MGM Resorts, Macao has a much higher importance to the company. Las Vitesse Sands will be Asian-facing with six casinos in Macua and the Marina Bay Sands in Singapore. It will have a $6 billion annual revenue.
Finance
Indy Gaming: Casino operators and investors concerned about Macau plans for gaming license overhaul
The Nevada Independent

Indy Gaming: Expanding usage of mobile wallets and cashless payments requires education for players and casino staff

Expanding use of digital wallets and cashless gaming in casinos will require a similar educational effort to the ticket in-ticket out system. Sightline completed $244 million in financing last week to fund training efforts for casino staff and pay for technology upgrades. In 2021, gaming customers will pay through digital wallet or credit cards linked to mobile devices. Most casino apps are limited to checking loyalty points or viewing maps of the casino floor. With digital payment systems expanding everywhere, upgrades to casino app are necessary. In 2011, Sightlines completed a $100 million funding round.
NFL
Indy Gaming: Expanding usage of mobile wallets and cashless payments requires education for players and casino staff
The Nevada Independent

Indy Gaming: Major Strip casino operators snubbing downtown Chicago gaming project

MGM Resorts International, Las Vegas Sands, Wynn Resort and Caesars Entertainment won't submit a proposal for an integrated resort in downtown Chicago. The city is considering Waukegan, Illinois, for a gaming development. Illinois has 10 casinos and more than 40,000 video gaming terminals. The state has also invested in sports betting. Chicago Landmarks Commission approved a two-story sportsbook next to Wrigley Field. It's possible that only a handful of offers will be accepted. Wurkegen is one of five locations slated for casino project as part of Illinois’ 2019 gaming expansion legislation.
Sports
Indy Gaming: Major Strip casino operators snubbing downtown Chicago gaming project