#las vegas sands

lehighvalleynews.com

Public hearing for Wind Creek Bethlehem casino license renewal set for July 31

BETHLEHEM, Pa. - State gaming regulators have rescheduled a public hearing on the renewal of Wind Creek-Bethlehem casino resort's gaming license for Wednesday, July 31. The original hearing planned for June 26 was postponed because of power outages from a severe storm. The Pennsylvania Gaming Control Board, or PGCB, will take public comment and…

Law ・ 02 July 2024

Covers

Downstate New York Casino License Delay Could Be Another iGaming Roadblock

Updated timeline on requests for applications would mean casino licenses won't be determined until Dec. 31, 2025. The committee tasked with recommending applicants for three downstate New York casino licenses wants to push back a selection deadline by nearly a year. If the committee has its way, it could delay what would be the nation's most…

Law ・ 02 July 2024

West Island

Las Vegas-Style Casinos Heading to New York Following a Decade-Long Delay

The New York State Gaming Facility Location Board made a significant announcement last Thursday regarding the issuance schedule of the coveted downstate casino licenses. The highly anticipated casinos will bring Las Vegas-style gaming to the heart of metropolitan New York, an exciting prospect that has been eagerly awaited since 2013. Back then,…

Law ・ 02 July 2024

Top US Casinos

Macau Casinos Report June Revenue Boost of 16.4%

The more than 40 casinos in the gambling hotspot of Macau had a very productive June as their aggregated gross gaming revenues improved by 16.4% year-on-year to reach just shy of $2.2 billion. The result publicized by the Gaming Inspection and Coordination Bureau regulator is the highest June tally since the pre-pandemic days of 2019 and also took…

Finance ・ 02 July 2024

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shreveportbossieradvocate.com

Live Casino GM: Shreveport, Bossier gambling changes in 2025

There are some things you need to know about new Live! Casino and Hotel Louisiana executive vice president and general manager John Chaszar. He is one new kneecap away from being bionic. He once "retired" from the gaming business and became a substitute teacher. He has worked in just about as many places as Johnny Cash sang about in "I've Been…

Industry ・ 28 June 2024

The Sun

Shocking moment casino player suffers a HEART ATTACK while jumping for joy after scooping £3.2million jackpot

THIS is the shocking moment a high stakes casino player suffered a massive heart attack just moments after winning the £3.2million jackpot. After scooping up the huge prize the man started to jump for joy around the packed out casino before he dramatically collapsed on the ground clutching his chest. Panicked players watched on as staff members…

Incidents ・ 26 June 2024

Sports Casting

After winning a $3 million jackpot, a gambler tragically suffered a heart attack and died while celebrating

This past weekend, Marina Bay Sands in Singapore was the site of an unfortunate event. Marina Bay Sands is owned and operated by the Las Vegas Sands. An unidentified man hit a US $2.95 million jackpot. Soon after his big win, the man tragically went into cardiac arrest, According to reports, the man suffered a major heart attack and died on the…

Winnings ・ 24 June 2024

West Island

Nassau Hub Lease Transfer Debate: Las Vegas Sands' Casino Future Hangs in Balance

In a coming together of numerous entities and vested interests, Nassau County and Las Vegas Sands Corporation face another opportunity to address the concerns surrounding their lease transfer deal on Nassau Hub. The following week, the matter will be deliberated during a public hearing orchestrated by the Nassau County Planning Commission. The…

Travel ・ 20 June 2024

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JDSupra

Gaming & Gambling Update

In a direct action against the illegal gambling market, the Michigan Gaming Control Board (MGCB) issued a cease-and-desist order to offshore operator Bovada. State regulators asserted that Bovada was in violation of several state laws governing gambling in Michigan. MGCB chief of staff Kurt Steinkamp emphasized that the organization is committed to…

Law ・ 20 June 2024

The Nevada Independent

Indy Gaming: Merger rumblings percolate after investor suggests Penn sell casinos

When a company's stock price tumbles for a prolonged period, activist investors often weigh in and question management. That's what happened with M Resort operator Penn Entertainment, which has seen shares decline more than 40 percent compared with its peers. Could Penn's issues affect other gaming companies, including Nevada operators? A Los…

Industry ・ 19 June 2024

The Dallas Morning News

Cowboys ink deal with slot machine company as NFL, teams cozy up to gambling industry

The Dallas Cowboys have signed a multi-year deal with Las Vegas-based slot machine company Aristocrat Gaming. It will allow Aristocrat Gaming to show off promotional material all throughout AT&T Stadium, do in-game advertisements on the team's jumbotron during games and more. Though the deal won't enable Aristocrat Gaming to set up its slot…

Industry ・ 18 June 2024

Asgam

Patrick Dumont says Las Vegas Sands “here for the long term” in fight for Texas IR

Las Vegas Sands President and COO Patrick Dumont says his company is in Texas for the long-haul as it ups the ante in its fight to bring legalized casino gaming to the Lone Star State. A little over six months since the company first revealed plans to purchase a controlling stake in a major sporting franchise - later revealed to be the NBA's Dallas…

Law ・ 17 June 2024

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Review Journal

Will the United Arab Emirates become the ‘Las Vegas of the Mideast?’

It was the late 1990s when anyone in Southern Nevada started thinking about Macao as "the Las Vegas of the East." Now, we should start thinking about the United Arab Emirates as "the Las Vegas of the Mideast." Las Vegas Sands Corp. was one of the early believers in Macao, the densely populated, 12.7-square-mile enclave at the mouth of the Pearl…

Travel ・ 16 June 2024

PokerNews

New York Senate Moves To Fast Track Casino Expansion

In a last-minute push, New York lawmakers have bypassed the end of the current legislative session to greenlight a bill that will accelerate the awarding of casino licenses in the Empire State. Joe Addabbo, SB 9673 was passed by a vote of 51-4 in the New York Senate and will now be sent to Governor Kathy Hochul for approval. The New York Senate,…

Politics ・ 12 June 2024

Gambling Industry News

New York Sets Deadline for Downstate Casino Operator Selections

Both New York's Senate and Assembly have voted in favor of Senator Joe Addabbo's bill to set a strict deadline for the selection of three casino operators in downstate New York. State senators approved SB 9673 with a 51-4 vote, while the Assembly passed it with a 51-9 vote, paving the way for the legislation to be sent to Governor Kathy Hochul to…

Law ・ 12 June 2024

The Nevada Independent

Gambling has long been taboo in Islamic countries. Now, analysts see UAE as the next Vegas

The United Arab Emirates, a country where almost three-quarters of its population adheres to Islam - a religion that considers gambling a harmful activity - could one day surpass Las Vegas as one of the world's most lucrative casino markets. Despite a gaming ban throughout the Middle East, UAE is creating a gaming regulatory system allowing each of…

Land-based ・ 10 June 2024

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Las Vegas Advisor

Gambling & Politics, The Sequel

You would have to be living under a particularly large rock to fail to see the ongoing intersection of these two forces. Political issues dominated the gambling discussion last week and again this, particularly as the Illinois Lege moved to hike the tax on online sports betting to as much as 40%, depending on how much you make. More that anon. Our…

Law ・ 03 June 2024

Mothership

Las Vegas Sands new development in S'pore slated to begin construction by Jul. 2025

This article has been amended to clarify that there will not be a new casino facility in the fourth tower, but an expansion of the current casino space granted by the authorities in 2019. Las Vegas Sands' (LVS) plans for another development in Singapore will focus on live entertainment and possible expansion of its casino space, and will complement…

Industry ・ 31 May 2024

The Straits Times

Las Vegas Sands may expand casino space at Marina Bay Sands

SINGAPORE - Las Vegas Sands' (LVS) plans for Singapore may include expansion of its current casino space at Marina Bay Sands (MBS). Bloomberg reported earlier on May 30 that LVS plans another development in Singapore to complement its casino resort here, including more space for live entertainment. It will have fewer rooms than the existing MBS…

Travel ・ 30 May 2024

Top US Casinos

Macau Casinos Positive April Performance: YoY 25% Increase

The over 40 casino locations in the gambling hotspot of Macau had an impressive April as their aggregated gross gaming revenues increased by almost 26% year-on-year to top $2.3 billion. This performance, publicized by the Gaming Inspection and Coordination Bureau regulator, surpassed market expectations and is indicative of a sector continuing to…

Land-based ・ 11 May 2024

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iGaming Business

New York casino licence decision not expected until late 2025

New York officially opened the bidding process for three downstate commercial casinos in January last year. An amendment to the 2013 New York State Constitution permitted four upstate casinos, which are open for business, then three more casinos closer or in New York City at a later date. The process has already drawn interest from several heavy…

Land-based ・ 04 May 2024

Review Journal

CEO pay towers over employees at big Las Vegas companies

With its economy fueled by tourism, Las Vegas' workforce is heavy on lower-paying service jobs. Las Vegas' corporate chieftains, on the other hand, earn paychecks that card dealers, housekeepers and cocktail servers can only dream of. The pay ratios of CEOs to their typical employees shot past 100-to-1 last year at several Las Vegas-based companies…

Industry ・ 01 May 2024

hoodline.com

Las Vegas Sands Amps Up Texas Casino Legalization Push, Mindful of

The battle to legalize casino gambling in Texas is gearing up once more with the influential Las Vegas Sands Corporation front and center, despite ongoing opposition and significant legislative barriers. After a show of strength in the 2023 legislature, Sands, owned by the notably affluent Adelson family with a net worth exceeding $30 billion, is…

Law ・ 21 April 2024

news4sanantonio.com

Advocates renew push for casino gambling legalization, but face steep uphill climb

SAN ANTONIO - A big push is underway to expand gambling in Texas, with momentum continuing to build after a encouraging showing in the 2023 legislature. The a resort and casino company, is renewing their push to legalize casino gaming in the Lone Star state and to bring destination style resort casinos to the states big cities like Dallas and San…

Politics ・ 21 April 2024

iNtergame

Las Vegas Sands outperforms Q1 estimates

Chairman and chief executive officer Robert G. Goldstein attributed the strong performance to growth in both Macau and Singapore. "Our financial strength and industry-leading cash flow support our ongoing investment and capital expenditure programs in both Macao and Singapore, our pursuit of growth opportunities in new markets, and our program to…

Industry ・ 18 April 2024

Oregon Live

Texas online casinos: Play legal casino games online in Texas

Catena Media provides exclusive sports betting and online gambling content in collaboration with OregonLive.com, including picks, analysis, tools and sportsbook and online casino offers to help bettors get in on the action. Please wager responsibly. Texas law prohibits real money online casino gambling. However, social and sweepstakes casinos…

Law ・ 17 April 2024

The Dallas Morning News

Adelsons back pro-gambling coalition in push for Texas casinos

The Adelson family of Las Vegas purchased the Dallas Mavericks with the hopes of expanding their gambling empire beyond Nevada to the Lone Star State. Now their company, casino operator Las Vegas Sands Corp., is backing a petition to legalize gambling by the Texas Destination Resort Alliance. The Texas Destination Resort Alliances was established…

Law ・ 05 April 2024

Covers

Las Vegas Sands Files Petition to Bring Legalized Casinos to Texas

The casino and resort company recently filed a petition through its Texas Destination Resort Alliance in hopes of building of four and five-star casino hotels in the state. Las Vegas Sands Corp. is continuing its efforts to bring legal sports betting to the Lone Star State. The casino and resort company recently filed a petition through its Texas…

Law ・ 30 March 2024

AOL

China warns citizens in Singapore to stay away from gambling

BEIJING (Reuters) - China's embassy in Singapore on Monday urged its citizens in the city-state to stay away from all forms of betting, saying gambling overseas violates Chinese laws. The warning comes as Beijing intensifies its efforts to crack down on Chinese citizens gambling across Southeast Asia, a popular tourist destination. In a statement,…

Incidents ・ 19 March 2024

The Columbian

Four years ago, Las Vegas’ casinos shut down for 78 days. The fallout was brutal

Four years ago few believed that Las Vegas' casinos would be forced to close to minimize the impact of the COVID-19 virus that was rampaging worldwide. But they did. And the fallout was brutal. About a month after casinos in Macao were closed for 15 days to slow COVID's spread, then-Gov. Steve Sisolak on March 17, 2020 ordered all casinos as well…

Land-based ・ 17 March 2024

CBS News

New gambling getaway for North Texans opening next month

NORTH TEXAS - North Texans will soon have a new gambling getaway, as final touches are placed on a new casino and resort nearby. The $238 million Choctaw Landing Casino and Resort is expected to open next month in the scenic southeast corner of Oklahoma in Hochatown, which is about a three-hour drive from Dallas. The resort ran an ad in the Super…

Land-based ・ 16 March 2024

The Dallas Morning News

Choctaw will open Hochatown casino next month, giving North Texans a new gambling getaway

The Choctaw Nation is putting the finishing touches on its Hochatown casino and resort in an area of Oklahoma that's a popular getaway destination for North Texans. The $238 million Choctaw Landing is expected to do a soft opening in April with its grand opening ceremony in May as the Durant, Okla.-based tribe's fourth casino and resort and eighth…

Travel ・ 14 March 2024

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…

Industry ・ 13 March 2024

news.bloomberglaw.com

Las Vegas Sands Defeats Casino Money-Laundering Controls Suit

Securities Litigation Correspondent Las Vegas Sands Corp. is off the hook for allegations that its Singapore casino didn't take proper money-laundering control measures, after shareholders opted not to replead claims that were previously rejected by a federal court in Nevada. Investors had alleged that Las Vegas Sands failed to tell investors how…

Finance ・ 29 February 2024

World Casino News

LVS Suffers Legal Setback Over Its NY Casino Plans

Recently, New York State Supreme Court Justice Sarika Kapoor, the very same judge who formerly invalidated lease of the Las Vegas Sands (LVS) with Nassau County last November, decided that LVS doesn't have a legally acceptable lease to manage the Nassau Coliseum and the ground surrounding it. Additionally, this ruling poses another problem for the…

Law ・ 26 February 2024

AOL

The consequences of what can happen when a Las Vegas casino owns your NBA team

The same people who re-set the norms on Las Vegas now own and operate the Dallas Mavericks. Mavs fans who want to attend a game at the American Airlines Center should expect to be treated no different than the weekender who stays at the Venetian, or any other Las Vegas Sands (LVS) property. You're not a fan. You're a customer. The two are…

Land-based ・ 24 February 2024

InvestorsObserver

Should You Sell Las Vegas Sands Corp. (LVS) in Resorts & Casinos Industry?

Las Vegas Sands Corp. (LVS) is around the top of the Resorts & Casinos industry according to InvestorsObserver. LVS received an overall rating of 47, which means that it scores higher than 47 percent of all stocks. Las Vegas Sands Corp. also achieved a score of 86 in the Resorts & Casinos industry, putting it above 86 percent of Resorts &…

Finance ・ 17 February 2024

GGRAsia

Inspire baccarat bets start circa Macau level says exec

The new Mohegan Inspire Entertainment Resort in South Korea, opened its two-level foreigner-only casino on Saturday, offering 150 table games, 390 slot machines and 160 electronic table games encompassing a live-dealer stadium. The property anticipates that - while bet pricing is dynamic, depending on levels of demand - mass-market live baccarat…

Baccarat ・ 05 February 2024

West Island

Las Vegas Sands Eyes $6B Nassau County Casino Resort

Las Vegas Sands Corp., a titan in the gaming industry, outlined ambitious plans for expanding its empire to New York, revealing that a potential casino resort in Nassau County may entail an investment of around $6 billion. This statement comes amid the company's commitment to establishing a new luxurious five-star destination should they secure a…

Industry ・ 26 January 2024

iNtergame

$2.92bn revenue for Las Vegas Sands in Q4

Both figures are a significant increase on the results for Q42022. Consolidated adjusted property EBITDA reached $1.2bn, compared to $222m in 2022. "We were extremely pleased with our financial and operating results for the quarter, which reflect the ongoing improvement in the operating environment in both Macau and Singapore. We remain deeply…

Industry ・ 25 January 2024

The Nevada Independent

Indy Gaming: Vegas set to prosper in ‘fun economy,’ UNLV experts say

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 term "fun economy" might sound cheesy,…

Industry ・ 25 January 2024

Yogonet

New York: Las Vegas Sands' $4 billion casino resort proposal faces scrutiny at Hempstead Town hearing

Las Vegas Sands' proposed $4 billion casino resort in Uniondale, facing scrutiny for its potential environmental impact, took center stage at a Hempstead Town hearing on Thursday. Engineers and planners are set to evaluate over 100 intersections, water availability, and air quality surrounding the Nassau Coliseum site. The gathering at the Long…

Travel ・ 20 January 2024

Newsday

Las Vegas Sands' proposed $4B casino draws 300 to public meeting

Engineers and planners are expected to survey traffic at more than 100 intersections, the availability of drinking water from public and private wells and the impact on air quality of Las Vegas Sands' proposed $4 billion casino resort on the site of the Nassau Coliseum, witnesses at a Hempstead Town hearing said Thursday. Hundreds of supporters and…

Travel ・ 19 January 2024

Newsday

Las Vegas Sands environmental review advances in Hempstead, despite court ruling

The $4 billion casino resort proposal at the Nassau Coliseum site moves forward Thursday with public meetings on an environmental study led by the Town of Hempstead, despite a legal battle between the county and Hofstra University that had put the process on hold. Two "scoping sessions" are scheduled at the Long Island Marriott in Uniondale, at…

Law ・ 18 January 2024

The Real Deal

Casino Operators Buying up Land in Texas

Dallas Mavericks owner Miriam Adelson isn't the only casino operator buying land in Texas in hopes that sports betting and casino resorts will be legalized. After Adelson's $3.8 billion purchase of the Mavericks, it was revealed that her family business, Las Vegas Sands, owns 259 acres in Irving, hinting at a potential casino resort in the…

Travel ・ 18 January 2024

Global Village Space

Leading Software Giants: Best Online Casino Providers

The global casino gaming market is estimated to reach US$138.10 billion by 2028, driven by a 7.76% CAGR and the rapid growth of leading online casino software providers like Aristocrat, NetEnt, Bally, Pragmatic Play, and Novomatic. It is fueled by a rapidly expanding user base expected to reach US$243.2 million by 2028, with a 3.0% user penetration…

Industry ・ 10 January 2024

Newsday

Las Vegas Sands casino opponents ask Hempstead to halt environmental study

Opponents of a $4 billion casino-resort proposal at the site of the Nassau Coliseum are calling on the Town of Hempstead to halt an environmental review of it until a state Appellate Court rules on the developer's rights to the property. "Say NO to the Casino," a group of local residents, is challenging whether Las Vegas Sands is allowed to study…

Law ・ 10 January 2024

World Casino News

Cyberattacks on Casinos and Security Measures

A major consideration of customers of both land-based casinos and internet gambling sites when deciding where to spend their hard-earned money is whether or not their personal and financial information will be secure. In 2023, a series of highly publicized cyberattacks on casinos, most notably casino giants MGM Resorts International and Caesars…

Trust and Safety ・ 09 January 2024

The Globe and Mail

The house always wins, which makes casino stocks a good bet

There's an old and irrefutable saying: "The house always wins." It refers to the fact that casinos and online betting sites consistently make money, while gamblers almost always end up losing sooner or later. A 2013 study by The Wall Street Journal estimated that 13.5 per cent of players that go to physical casinos come out ahead. Few of those…

Finance ・ 03 January 2024

Forbes

Casino Stocks Rally As Macau Gambling Revenues Come In Strong

You'll be asked to sign into your Forbes account.Got it While investors greeted the first day of 2023 trading with big selling in classic tech favorites like Apple and Advanced Micro Devices, buyers showed up in large numbers among the classic casino names. This, after Macau reported "gross gaming revenues" increased 333% in 2023 versus 2022. Those…

Finance ・ 03 January 2024

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InvestorsObserver

Is Las Vegas Sands Corp. (LVS) a Bad Choice in Resorts & Casinos Tuesday?

A rating of 48 puts Las Vegas Sands Corp. (LVS) near the middle of the Resorts & Casinos industry according to InvestorsObserver. Las Vegas Sands Corp.'s score of 48 means it scores higher than 48% of stocks in the industry. Las Vegas Sands Corp. also received an overall rating of 36, putting it above 36% of all stocks. Resorts & Casinos is ranked…

Finance ・ 02 January 2024

Vegas Inc

NBA approves sale of Dallas Mavericks to Las Vegas Sands casino company

Dallas Maverick Jaden Hardy (3) drives to the basket past Chicago Bulls defenders during the 2022 NBA Summer League at the Thomas & Mack Center Friday, July 8, 2022. Updated Wednesday, Dec. 27, 2023 | 5:06 p.m. DALLAS - Mark Cuban sees a future of NBA ownership where the advantages will be in real estate. The high-profile billionaire says that's…

Industry ・ 28 December 2023

WBAP

NBA Approves Sale of Dallas Mavericks to Families That Run Las Vegas Sands Casino Company

DALLAS (AP) - The NBA has approved the sale of controlling interest of the Dallas Mavericks from Mark Cuban to the families that run the Las Vegas Sands casino company. The deal was approved just shy of a month since the families of Dr. Miriam Adelson and Sivan and Patrick Dumont announced their intention to buy the club. The purchase is in the…

Industry ・ 28 December 2023

CBS News

NBA approves sale of Dallas Mavericks to Miriam Adelson, casino company Las Vegas Sands

DALLAS - The NBA on Wednesday approved the sale of controlling interest of the Dallas Mavericks from Mark Cuban to the families that run the Las Vegas Sands casino company. The deal was approved just shy of a month since the families of Miriam Adelson and Sivan and Patrick Dumont announced their intention to buy the club. The purchase is in the…

Politics ・ 28 December 2023

Star Advertiser

Sale of Dallas Mavericks to families behind Las Vegas casino approved

DALLAS >> The NBA today approved the sale of controlling interest of the Dallas Mavericks from Mark Cuban to the families that run the Las Vegas Sands casino company. The deal was approved just shy of a month since the families of Miriam Adelson and Sivan and Patrick Dumont announced their intention to buy the club. The purchase is in the valuation…

Land-based ・ 28 December 2023

Trip Pub

Las Vegas Sands eyes Nassau Coliseum site for new casino

There's a new entry in New York's high-stakes competition for one of three downstate casino licenses. Las Vegas Sands is looking to set up a multibillion-dollar casino at the Nassau Veterans Memorial Coliseum site on Long Island. The gaming juggernaut is the latest entry into the fray, joining about half a dozen other firms since Albany said it…

Industry ・ 14 December 2023

Seeking Alpha

Dallas casino buzz continues with Las Vegas Sands digging around (NYSE:LVS)

There are more reasons to think that Las Vegas Sands (NYSE: LVS) may have long-term plans to open a casino in the Dallas area. Property records in Dallas indicate that Las Vegas Sands Corp. (LVS) purchased around 100 acres of land near the old Texas Stadium site in the suburb of Irving. The Dallas Central Appraisal District records show the…

Travel ・ 12 December 2023

Politico

The race is on to build a casino in New York City

New York state has a ban on new casinos until 2023, but Gov. Kathy Hochul wants to end that moratorium this year, allowing up to three casinos to open downstate. And already nine gambling giants are eager to bid on the contracts and are likely to offer grandiose plans for casinos, hotels and entertainment venues to boost their proposals. Some are…

Travel ・ 06 December 2023

Newsday

Las Vegas Sands casino study advances in Town of Hempstead

An environmental review of a proposed $4 billion casino resort at the Nassau Coliseum will forge ahead in the Town of Hempstead despite a legal battle over whether county lawmakers improperly struck a deal with developer Las Vegas Sands. Hempstead Town lawmakers on Tuesday unanimously voted to declare the town the lead agency in a multi-step…

Law ・ 06 December 2023

Card Player

Mark Cuban Selling Majority Stake In NBA Mavericks To Las Vegas Sands Corp.

A major Las Vegas casino group may be getting into the basketball business. News broke on Tuesday that Mark Cuban is selling a majority ownership stake in the Dallas Mavericks to the Las Vegas Sands Corporation. The deal would still leave Cuban running basketball operations for the NBA franchise, while adding a partner that he's long sought to…

Tournaments ・ 02 December 2023

Seeking Alpha

Nevada casinos record best October ever ahead of Fountainebleau, Durango debuts (NYSE:MGM)

Casinos in Nevada saw a 2.7% year-over-year increase in gaming win during October to $1.32B, according to data compiled by the Nevada Gaming Control Board. The gaming win tally was slightly higher than the $1.27B gaming win total for September and was the best ever for the month of October. Slot machine gaming win was up 2.0% to $894M, while table…

Land-based ・ 01 December 2023

iGaming Business

MGM reveals plans for full-scale commercial casino in New York

Located in the Yonkers region of New York, the Empire City Casino currently operates as a video lottery racino. The MGM venue offers slots and various table games, as well as harness racing betting and international simulcasting. However, MGM is seeking to transform the facility into a much larger venue with a range of facilities. These would…

Land-based ・ 30 November 2023

CoStar

Casino Magnates Place Bet on This Man's Texas NBA Team

Gambling-adverse Texas could find itself with two NBA owners with gaming ties after Dallas Mavericks owner Mark Cuban agreed to sell a majority stake of the professional basketball team to the family of billionaire Miriam Adelson, the largest shareholder of one of the world's biggest casino operators. Adelson is the widow of Las Vegas Sands tycoon…

Law ・ 30 November 2023

Schaeffer's Investment Research

Casino Giant's Biggest Investor Sells Massive Stake

Las Vegas Sands Corp (NYSE:LVS) are 3% lower at $46.25 at last glance, after Miriam Adelson, the casino company's largest shareholder, sold $2 billion of stock. The investor said the proceeds will be used to "fund the purchase of a majority interest in a professional sports franchise" with The Wall Street Journal reporting Mark Cuban is selling a…

Finance ・ 30 November 2023

Enfield Independent

Dallas Mavericks owner in talks over sale to Las Vegas casino group

Dallas Mavericks owner Mark Cuban is working on a deal to sell a majority stake in the NBA franchise to the family that runs the Las Vegas Sands casino, a person with knowledge of the talks said Tuesday night. The agreement would be in the valuation range of $3.5 billion and take weeks for the league to process, according to the person, who spoke…

Land-based ・ 29 November 2023

West Island

Las Vegas Sands' $4B NY Casino Dream Faces Legal Hurdle

The gaming landscape in Uniondale, NY, is poised to undergo a seismic shift as Las Vegas Sands sets its sights on developing a monumental $4 billion casino hotel at the site of the storied Nassau Veterans Memorial Coliseum. However, this vision may be clouded by an impending legal struggle that looms over the venue's future. At the heart of the…

Law ・ 21 November 2023

Newsday

Las Vegas Sands Casino proposal faces lengthy court fight, experts say

A $4 billion casino resort proposal at the site of the Nassau Coliseum could get tied up in court for years, legal experts say, over whether county officials skipped state environmental requirements and were pressured to fast-track a lease for the area's largest private investment in more than 15 years. The next steps in Las Vegas Sands' plan could…

Law ・ 20 November 2023

4Flush

The New York Supreme Court Annuls Nassau Coliseum’s Lease Transfer of Sands New York Casino

Nassau Veterans Memorial Coliseum made a lease transfer of Las Vegas Sands' land to develop a $4 billion casino in Uniondale, New York. But a New York State Supreme Court justice annulled it on Thursday. Nassau County lawmakers voted 17-1 in May 2023 giving Las Vegas Sands a 99-year lease to construct a gaming property. The gaming operator…

Law ・ 18 November 2023

The Nevada Independent

Indy Gaming: Judge says New York county erred in leasing site for Sands’ proposed $5B resort

An analyst said the decision is the least of the problems troubling the state's slow process to approve New York City-area casinos. 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,…

Travel ・ 15 November 2023

West Island

Casino Bonanza Stalls as Court Nullifies Nassau Veterans Memorial Lease Transfer

A New York State Supreme Court justice has recently nullified a previously agreed lease transfer of Nassau Veterans Memorial Coliseum in Uniondale, NY. The site has caught the attention of Las Vegas Sands which seeks to create a $4 billion casino hotel there. Earlier in May, the Republican-leaning Nassau County legislators displayed almost…

Law ・ 13 November 2023

Patch

Appeals Court Stays Ruling To Block Nassau Hub Casino Lease

UNIONDALE, NY - Plans for the Nassau Hub casino have hit the pause button. The State Supreme Court Appellate Court issued a stay on Friday evening to a ruling this week where a state judge annulled the county's approval of a 99-year lease for Las Vegas Sands to construct a high-end hotel and casino. The initial decision came from a lawsuit brought…

Law ・ 11 November 2023

CBS News

Judge blocks Las Vegas Sands' agreement to build casino at Nassau Coliseum site

UNIONDALE, N.Y. -- There are three coveted licenses up for grabs to run a Downstate New York casino. But with billions of dollars hanging in the balance, a judge just threw a curveball to one of those jockeying for position. Developers who want to turn the Nassau Coliseum site into a gambling casino and resort were told to go back to the drawing…

Law ・ 11 November 2023

US Bets

Analyst Says New York Casino Plans Won't Be Known Until 2025

Gambling industry analyst Brendan Bussmann of B Global disagrees with the common assessment that the process of awarding three downstate casino licenses in New York is going slowly. "It's not fair to [the word]'slow,'" Bussmann quipped. "This process has been the opposite of quick and painless." In fact, Bussmann believes we've still got a whole…

Roulette ・ 08 November 2023

West Island

Mark Cuban Champions Casino Resort Proposal to Boost Texas Tourism

Mark Cuban, the esteemed owner of the Dallas Mavericks, once again voiced his belief that the prosperous Dallas-Fort Worth area would make a perfect market for a casino resort. He encouraged lawmakers from Texas to rethink their position on casino gaming, putting forward arguments about the potential economic and tourism advantages. During his…

Travel ・ 07 November 2023

West Island

New York Casino Licenses Delayed til 2025 Amid Tumultuous Politics and Controversy

Further delays are anticipated in the awarding of three downstate casino licenses in New York, according to well-established predictions, pushing the already sluggish process well into the year 2025. This delay underscores New York's notorious reputation as the epicentre of tumultuous casino politics. Brendan Bussmann, of B Global Advisors,…

Politics ・ 02 November 2023

Luxury Lifestyle Magazine

The world’s most luxurious casinos and resorts to play poker in 2024

Poker is a popular card game that has long been associated with luxury, opulence and all round extravagance, having originated in the US in the 1800s before going on to become the world's most popular casino game. In recent years, the rise of online casinos has made the game more accessible than ever before, with players able to log on from…

Poker ・ 31 October 2023

Newsday

Las Vegas Sands paid $241 million for Nassau Coliseum site lease

Taking another step toward a casino bid, Las Vegas Sands has paid a total $241 million to acquire a lease to control the Nassau Coliseum site, according to a new company filing. The price tag included a $92 million "goodwill" premium - more than the property's true value, according to the company's quarterly report filed Oct. 20 with the U.S.…

Industry ・ 27 October 2023

Zacks

Casino ETF Up on Las Vegas Sands' Upbeat Q3 Earnings

Leading international developer of multi-use integrated resorts and casinos Las Vegas Sands Corp. ( - Free Report) reported third-quarter 2023 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and the bottom line increased on a year-over-year basis. The stock was up 2.9% on Oct 19, reflecting the upbeat earnings…

Finance ・ 20 October 2023

West Island

Parx Casino Thrives as Pennsylvania's Only Smoke-Free Establishment, Outshines Conventional Competition

Nestled in the heartland of Bensalem, a stone's throw north of Philadelphia, lies Pa.r.x Casino, a trailblazer in the state's gambling landscape. This property, together with its satellite counterpart, Parx Casino Shippensburg, boasts the unique distinction of being the only fully smoke-free casinos in Pennsylvania. Unfazed by the mandate requiring…

Industry ・ 20 October 2023

Benzinga

Casinos and Gambling Market to grow by USD 90.22 billion from 2022 to 2027

NEW YORK, Oct. 12, 2023 /PRNewswire/ -- The casinos and gambling market is estimated to grow by USD 90.22 billion from 2022 to 2027, growing at a CAGR of 8.13% . The casinos and gambling market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer casinos and gambling market are 888 Holdings…

13 October 2023

Markets Insider

Las Vegas Casinos Could Be Signaling a Recession, With Stocks Plunging

US stocks have had a miserable couple of months after starting 2023 on a tear - and one sector is feeling the whiplash more than most. Publicly listed casino owners and operators have seen their share prices slump since the start of August, with some entering bear-market territory after dropping more than 20%. The biggest losers have been the…

Land-based ・ 08 October 2023

Benzinga

Online Casino Market Recent Innovations and Current Trends Analysis by 2030

Online Casino Market Insights 2023 is a detailed and comprehensive report that provides a complete analysis of market size, share, revenue, various segments, drivers, trends, growth, and development. The report also highlights the presence of restraining factors and regional industries that may influence the market growth trends beyond the forecast…

03 October 2023

ABC News

James Dolan's sketch of the Sphere becomes reality as the venue opens with a U2 show in Las Vegas

LAS VEGAS -- It started as a crude sketch - a circle with a stick person inside. Seven years later, that drawing has been made real: A $2.3 billion massive spherical venue, standing 366 feet (111 meters) high and lighting up the Las Vegas skyline. The drawing was initially made by James Dolan, the executive chair of Madison Square Garden and owner…

Land-based ・ 01 October 2023

WAPT

Once a crude sketch, the Sphere becomes reality as the venue opens with a U2 show in Las Vegas

It started as a crude sketch - a circle with a stick person inside. Seven years later, that drawing has been made real: A $2.3 billion massive spherical venue, standing 366 feet high and lighting up the Las Vegas skyline.The drawing was initially made by James Dolan, the executive chair of Madison Square Garden and owner of the New York Knicks and…

Land-based ・ 30 September 2023

The Real Deal

Local Colleges Divided on Sands’ Nassau County Casino

Las Vegas Sands' proposed casino in Nassau County has set off a debate between two local higher education institutions. Hofstra University and Nassau Community College are on opposing sides over the benefits of a casino at the site of Nassau Veterans Memorial Coliseum, Newsday reported. Both schools are a short walk from where the gaming facility…

Law ・ 27 September 2023

Benzinga

Online Casino Market (New Report) Size, Trends Across Globally

26 September 2023

Review Journal

Dubai to pass Las Vegas hotel room inventory

While Dubai is on track to surpass the number of hotel rooms in Las Vegas, a Southern Nevada gaming and hospitality industry analyst who knows the United Arab Emirates landscape well says it shouldn't become a major competitor as long as Las Vegas continues to invest in its infrastructure. "As long as Las Vegas stays on its game, nothing will be…

Land-based ・ 24 September 2023

New York Post

NYC casino race could be upended by Las Vegas bookie scandal: sources

The odds are getting rejiggered in the closely watched race for three lucrative casino licenses in the New York City area - partly because of an alleged bookmaking scandal that's unfolding in Las Vegas, The Post has learned. Until as recently as last week, MGM Grand and Resorts World - operators, respectively, of the Empire City Casino in Yonkers…

Incidents ・ 19 September 2023

Benzinga

Casino Gaming Market Projected to Reach USD 544.08 Mn at a 5% CAGR by 2030

The Global Casino Gaming Market size is expected to grow from USD 368.26 million in 2022 to USD 544.08 million by 2030, at a CAGR of 5% during the forecast period (2023-2030). Casino Gaming is one of the most lucrative segments of the global gaming industry. The relaxation of gambling laws around the world has created a number of opportunities for…

13 September 2023

The Nevada Independent

Cyberattack on MGM Resorts knocks out casino operations and computer systems company wide

Most slot machines were offline in MGM's Strip casinos Monday, while customers had to wait for payouts from attendants. Arizona resident John Hass checked out of his room at New York-New York Monday morning and walked over to Excalibur to play the slot machines before heading to the airport for his afternoon flight to Tucson. He was told a computer…

Land-based ・ 12 September 2023

Benzinga

Online Casino Market Size, Exclusive Data Report Forecast 2030

11 September 2023

Digital Journey

Recorded Hyper Growth in the Future

Casinos is a place where different types of gambling games are played by visitors, casinos are majorly build at tourist attraction places such as megaresorts, massive hotels, retail shopping places and cruise ships. Minimum age of gambling in worldwide casinos is start from 18 to 21, different types of games played in casinos such as poker,…

05 September 2023

Seeking Alpha

Las Vegas casinos post big numbers in July as conventions, leisure travel play in

Nevada gaming win for July rose 6.7% from a year ago to $1.40B. The tally makes it the 29th month in a row that gaming win in the state has been over $1B. The solid demand in the Las Vegas region this year has taken some of the sting out of the argument that legalized online sports betting and brick-and-mortar gambling in new states would cut…

Land-based ・ 31 August 2023

US Bets

Eleven New York Casino Bidders Wait For Answers

At some point in September - date to be announced - the New York State Gaming Commission will hold a meeting during which it may have answers to hundreds of questions posed by the 11 potential bidders for the state's three downstate casino licenses. "May" is the word of choice because this question-and-answer process started back in February, when…

Travel ・ 30 August 2023

Movies Games and Tech

The Impact of Technology on Land-Based Gambling Centers: Balancing Tradition and Innovation

With the rising count of online casinos, isn't it obvious for land-based gambling establishment operators to feel a bit insecure? Players are no longer required to travel to gaming zones to bet on their favorite slots or make their wagers on table games. As long as they have a strong Internet connection and a decent mobile device, they can enjoy…

Land-based ・ 19 August 2023

Newsday

Las Vegas Sands' $4B Nassau casino proposal takes next step

Las Vegas Sands' proposed $4 billion casino-resort at the site of the Nassau Coliseum would require a zoning change that creates a new hospitality district in Uniondale, according to land-use plans the company filed with the Town of Hempstead Thursday. The application - a major step in the process for the Nevada-based company's proposal - seeks to…

Politics ・ 11 August 2023

fagenwasanni.com

Online Gambling Sector Shows Strong Growth in Gaming Industry

The gaming industry has experienced significant growth in online gambling. Research firm Insider Intelligence estimates that the amount of money bet on sporting events in the U.S. will increase by 45% to reach almost $137 billion this year. In addition, the revenue from iGaming, which involves betting on traditional casino games online, has surged…

Industry ・ 09 August 2023

Newsday

Las Vegas-style casinos 'not a sure bet' for government finances, state audit says

Las Vegas-style casinos in New York are "not a sure bet" for local government coffers, according to a state comptroller's report that says none of the four upstate met gross revenue projections in recent years. The 19-page audit, released Thursday by State Comptroller Thomas DiNapoli, found the casinos distributed a total $176 million to local…

Finance ・ 04 August 2023

Review Journal

Macao regulators release July gaming revenue results

Macao casinos had their best month of 2023, one year after having their worst month of 2022. Macao's Gaming Inspection and Coordination Bureau on Tuesday reported gross gaming revenue of $2.075 billion (U.S), the most won in the special administrative region since January 2020. By comparison, the state of Nevada last week reported gaming win of…

Finance ・ 02 August 2023

Casino Reports

Las Vegas Sands Adds Canyon Ranch to NY Casino Bid

Las Vegas Sands is upping its efforts in its pursuit of a full-scale casino license in downstate New York. Just recently, the gambling leader announced that it has secured the leader in the destination wellness category, Canyon Ranch, for its US$4-billion bid for an integrated casino resort on Long Island at the Nassau Veterans Memorial…

Travel ・ 31 July 2023