#las vegas sands

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
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
Four years ago, Las Vegas’ casinos shut down for 78 days. The fallout was brutal
Super Slots
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
New gambling getaway for North Texans opening next month
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
Choctaw will open Hochatown casino next month, giving North Texans a new gambling getaway
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.
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
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
Las Vegas Sands Defeats Casino Money-Laundering Controls Suit
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
LVS Suffers Legal Setback Over Its NY Casino Plans
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
The consequences of what can happen when a Las Vegas casino owns your NBA team
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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
Should You Sell Las Vegas Sands Corp. (LVS) in Resorts & Casinos Industry?
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
Inspire baccarat bets start circa Macau level says exec
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
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
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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
Indy Gaming: Vegas set to prosper in ‘fun economy,’ UNLV experts say
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
Las Vegas Sands' proposed $4B casino draws 300 to public meeting
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
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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
Casino Operators Buying up Land in Texas
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
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
Las Vegas Sands casino opponents ask Hempstead to halt environmental study
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
Cyberattacks on Casinos and Security Measures
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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
The house always wins, which makes casino stocks a good bet
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
Casino Stocks Rally As Macau Gambling Revenues Come In Strong
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
Is Las Vegas Sands Corp. (LVS) a Bad Choice in Resorts & Casinos Tuesday?
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
NBA approves sale of Dallas Mavericks to Las Vegas Sands casino company
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
NBA approves sale of Dallas Mavericks to Miriam Adelson, casino company Las Vegas Sands
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
Sale of Dallas Mavericks to families behind Las Vegas casino approved
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
Las Vegas Sands eyes Nassau Coliseum site for new casino
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
Dallas casino buzz continues with Las Vegas Sands digging around (NYSE:LVS)
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
The race is on to build a casino in New York City
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
Las Vegas Sands casino study advances in Town of Hempstead
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
Mark Cuban Selling Majority Stake In NBA Mavericks To Las Vegas Sands Corp.
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
MGM reveals plans for full-scale commercial casino in New York
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
Casino Magnates Place Bet on This Man's Texas NBA Team
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
Casino Giant's Biggest Investor Sells Massive Stake
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
Dallas Mavericks owner in talks over sale to Las Vegas casino group
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
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
Las Vegas Sands Casino proposal faces lengthy court fight, experts say
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
Indy Gaming: Judge says New York county erred in leasing site for Sands’ proposed $5B resort
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
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
Appeals Court Stays Ruling To Block Nassau Hub Casino Lease
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
Judge blocks Las Vegas Sands' agreement to build casino at Nassau Coliseum site
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
Analyst Says New York Casino Plans Won't Be Known Until 2025
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
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
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
The world’s most luxurious casinos and resorts to play poker in 2024
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
Las Vegas Sands paid $241 million for Nassau Coliseum site lease
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
Casino ETF Up on Las Vegas Sands' Upbeat Q3 Earnings
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
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…
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
Las Vegas Casinos Could Be Signaling a Recession, With Stocks Plunging
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…
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
Local Colleges Divided on Sands’ Nassau County Casino
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
Dubai to pass Las Vegas hotel room inventory
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
NYC casino race could be upended by Las Vegas bookie scandal: sources
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…
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
Cyberattack on MGM Resorts knocks out casino operations and computer systems company wide
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,…
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
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
Eleven New York Casino Bidders Wait For Answers
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
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
Las Vegas Sands' $4B Nassau casino proposal takes next step
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
Online Gambling Sector Shows Strong Growth in Gaming Industry
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
Las Vegas-style casinos 'not a sure bet' for government finances, state audit says
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
Macao regulators release July gaming revenue results
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
Las Vegas Sands Adds Canyon Ranch to NY Casino Bid
Newswires

MGM Resorts, SJM Holdings, 888 Holdings

PUNE, MAHARASHTRA, INDIA, July 26, 2023/ EINPresswire.com / -- Casino and Gaming Market - Global Outlook and Forecast 2022-2029 is the latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities, and leveraging strategic and tactical decision-making support. The report provides information on market…
Industry
MGM Resorts, SJM Holdings, 888 Holdings
Reuters

Las Vegas Sands second-quarter revenue beats Wall Street estimates

NEW YORK, July 19 (Reuters) - Las Vegas Sands Corp's (LVS.N) second-quarter revenue exceeded Wall Street estimates, benefiting from non-gaming programming in Macao as tourism rebounds from China's loosening of its zero-COVID policy and mass gaming reaching another record in Singapore. The casino operator's revenue rose to $2.5 billion in the second…
Finance
Gambling

Light & Wonder Debunks Online Gambling Myths At NCLGS

Unlike sports betting, has had a tough go of it. There are many reasons for the slow adoption of online gambling in the U.S., some legitimate and some not. Many of the reasons were up for discussion recently. The National Council of Legislators from Gaming States (NCLGS) Conference brings together the gaming industry, lawmakers, and regulators from…
Law
Light & Wonder Debunks Online Gambling Myths At NCLGS
Celebmix

The World’s Top 3 Richest Casino Owners

The casino industry makes billions every year from both physical locations & online platforms, with leading casinos contributing significantly to these impressive figures. It's not hard to envision the immense wealth possessed by the owners of these establishments, given the vast amounts of money coming through a casino every day. Although the…
Industry
The World’s Top 3 Richest Casino Owners
European Gaming

Osaka Casino Expected to Produce $4 Billion by Early 2030s

MGM's near $10bn integrated resort project in Osaka has the potential to produce north of $4bn in revenue at the start of the next decade, according to an analyst at Morningstar. This would mean the company would outpace the pre-pandemic $3bn and $4bn of Las Vegas Sands' Singapore and Venetian Macau facilities, respectively. Dan Wasiolek, senior…
Finance
Osaka Casino Expected to Produce $4 Billion by Early 2030s
Gambling

Competition Heats Up For Downstate New York Casino Licenses

A prominent New York real estate developer has joined the list of those seeking a license to operate a commercial casino in downstate New York. Larry Silverstein, chairman of Silverstein Properties, is seeking to build a casino in Manhattan about four blocks west of Times Square at 11th Avenue and 41st Street, according to the New York Times. The…
Industry
Competition Heats Up For Downstate New York Casino Licenses
European Gaming

Which casinos have the biggest market share in the US?

We have basically two worlds when it comes to gambling in the US: traditional land-based operators like those famous in Vegas, and Atlantic City and abroad in places like Macau, for example, and online operators. Traditional casinos have a more steady form of business model, and comparing the evolution of these enterprises across time is easier as…
Industry
Which casinos have the biggest market share in the US?
iGaming Brazil

Las Vegas Sands Casino Project in New York Approved

Nassau County, New York State legislators approved the Las Vegas Sands' 99-year lease to build and manage a $4 billion casino on the site of Nassau Coliseum on Long Island. The civic association "Say No to the Casino", in collaboration with various pressure groups, has opposed the idea. They claimed that the Las Vegas Sands Casino on Long Island…
Law
Las Vegas Sands Casino Project in New York Approved
Review Journal

Las Vegas Sands Corp. gets Nassau Coliseum land

The Nassau County Legislature, the 19-member government entity that oversees Nassau Coliseum land, voted overwhelmingly Monday to transfer 72 acres to Las Vegas Sands Corp. to develop a downstate New York integrated resort with a casino. Following a 5½-hour hearing, the Legislature voted 17-1 with one member absent to transfer the land to the Las…
Law
Las Vegas Sands Corp. gets Nassau Coliseum land
Long Island Press

Las Vegas Sands Casino Plan Advances as Nassau Pols OK Lease

Nassau County lawmakers approved Monday a 99-year lease with Las Vegas Sands, which proposed replacing the Nassau Veterans Memorial Coliseum with a $4 billion casino resort in Uniondale, over the objection of neighbors concerned about crime. The Republican-majority county Legislature voted nearly unanimously in favor of the proposal, with…
Law
NBC New York

Long Island News: Las Vegas Sands Gets Approval to Develop Casino Around Nassau Coliseum

Plans to bring a casino to Long Island have taken a big step forward, but there's still a long way to go. The Nassau County Legislature voted 17-1 Monday night to to grant Las Vegas Sands a 99-year lease to develop the 72-acre area around the Nassau Coliseum in Uniondale. The $5-billion project will include a casino, hotel, entertainment venue and…
Law
Long Island News: Las Vegas Sands Gets Approval to Develop Casino Around Nassau Coliseum
ABC 7 NY

Nassau County to vote on proposed Las Vegas Sands casino at Nassau Coliseum

NASSAU COUNTY, Long Island (WABC) -- Nassau County lawmakers are set to vote on a proposed casino at the Nassau Coliseum. Las Vegas Sands wants to turn the location into a $4 billion entertainment center and resort. Last month, the county reached a lease agreement with Las Vegas Sands that gives them control over the Nassau Coliseum site. The…
Law
New York Post

Sen. Jessica Ramos blocks Steve Cohen's casino bid next to Mets ballpark

A state lawmaker who represents the communities around the Mets' Citi Field has temporarily blocked billionaire Mets owner Steve Cohen's plan to build a casino and entertainment complex in the lots next to the ballpark. Cohen needs legislation approved by the state Legislature in Albany in order to start a commercial venture in the lots around Citi…
Law
Sen. Jessica Ramos blocks Steve Cohen's casino bid next to Mets ballpark
The Real Deal

Mark Cuban’s Dream for Casino Gambling Dies in Texas House

Casino resorts could make Texas the top-ranked tourism state in the nation. That's according to Dallas Mavericks owner Mark Cuban, but Texas lawmakers won't be green-lighting gambling in this session of the Texas Legislature, which ends May 29. The Texas House of Representatives killed a proposal, authored by Rep. Charlie Geren, that aimed to open…
Law
Mark Cuban’s Dream for Casino Gambling Dies in Texas House
The Dallas Morning News

Sports betting, casino gambling gaining Texas momentum, but jackpot unlikely this year

If you bet that proposals allowing sports betting and casino gambling would pass the Texas Legislature, you probably lost - again. But last week's dramatic votes on two gambling proposals reflect that proponents are heading in the right direction. The Texas House passed a bill letting voters decide whether to allow sports betting on their mobile…
Law
Sports betting, casino gambling gaining Texas momentum, but jackpot unlikely this year
The Nevada Independent

Indy Gaming: Las Vegas Sands casino expansion effort in Texas fails again

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 Casino legalization efforts in Texas…
Law
Indy Gaming: Las Vegas Sands casino expansion effort in Texas fails again
WSHU

Nassau County, Las Vegas Sands move forward with lease agreement for proposed casino

Nassau County and Las Vegas Sands are moving forward with a lease agreement for a casino at the Nassau Hub. The $4 billion entertainment center would include a casino, as well as restaurants, a hotel and spa, a concert venue and more. The County Legislature Rules Committee heard from representatives from Las Vegas Sands on Monday. Former New York…
Jobs
Nassau County, Las Vegas Sands move forward with lease agreement for proposed casino
New York Post

Hofstra president Susan Poser debunks Sands casino as bad bet, urges local lawmakers to nix it

The president of Hofstra University is urging Long Island lawmakers to nix a plan for Las Vegas Sands Corp. to put a casino at the Nassau Coliseum near its campus - claiming it'll be more trouble than it's worth. "The casino proposed by Las Vegas Sands runs directly counter to the interests of our local population and will create dangers rather…
Law
Hofstra president Susan Poser debunks Sands casino as bad bet, urges local lawmakers to nix it
Newsday

Casino stakes high for Hempstead Town

But a small change tucked into the voluminous state budget could mean a massive multimillion-dollar windfall for the Town of Hempstead - if officials play their cards right. The change comes in how casino-related revenue will be divided up for municipalities outside of New York City. Previously, the formula worked so that the host county would…
Finance
Casino stakes high for Hempstead Town
European Gaming

Gaming Americas Weekly Roundup

Welcome to our weekly roundup of American gambling news again! Here, we are going through the weekly highlights of the American gambling industry which include the latest news and new partnerships. Read on and get updated. Location identity company Incognia announced its entrance into the regulated US gaming market with the launch of its integrated…
Industry
Gaming Americas Weekly Roundup
The Motley Fool

A "Powerful Recovery" in Macao Could Help Lift Las Vegas Sands Stock

The pandemic dealt a tough blow to casino resorts, but business is gearing up again. With its Singapore resort humming along nicely and Macao back open for business, Las Vegas Sands (LVS 2.62%) is focused on recovery and a bright future. Let's look at the company's recent quarterly results to get a better idea of where the casino stock might be…
Finance
Defense World

Asset Management One Co. Ltd. Sells 6,092 Shares of Las Vegas Sands Corp. (NYSE:LVS)

Asset Management One Co. Ltd. lessened its holdings in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 4.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 140086 shares of the casino operator's stock after selling 6092 shares during the quarter. Asset…
Finance
Forbes

Las Vegas Sands, Boyd Gaming And Red Rock Resorts: Gambling Stocks With New Highs

It's the ultimate "consumer discretionary" stock: the gambling company with the locations where consumers show up with money to blow. These firms may lack the elegant charm of a JP Morgan or a BancAmerica, but as alternative financial institutions, these shares are finding buyers who don't care. You don't need a Martin Scorsese movie to know how…
Travel
Las Vegas Sands, Boyd Gaming And Red Rock Resorts: Gambling Stocks With New Highs
The Real Deal

Las Vegas Sands Inks Nassau Coliseum Lease

Las Vegas Sands has agreed to lease the land needed for its Long Island megadevelopment, which could include a casino. The company's deal would give Sands control of the Nassau Coliseum property in Uniondale for the next 99 years, Newsday reported. The agreement is the first in a litany of steps that could bring full-scale gambling to Nassau…
Politics
Las Vegas Sands Inks Nassau Coliseum Lease
Patch

Las Vegas Sands Has New Lease To Take Over Nassau Hub Land

UNIONDALE, NY - Despite opposition from elected leaders and civic groups, Nassau County is set to keep the wheels in motion for a casino at the Hub site. Las Vegas Sands Corp. reached a new lease deal with the county. The details were expected to be a "large, lump sum payment not contingent on securing a state gaming license," according to…
Finance
Las Vegas Sands Has New Lease To Take Over Nassau Hub Land
Fox 5 New York

Nassau County strikes Las Vegas Sands deal for new casino

Nassau County is placing their bet on Las Vegas Sands. On Wednesday County Executive Bruce Blakeman signed a lease agreement to give the corporation complete control over the Nassau Coliseum site. "Within sixty days of approval by the County Legislature, Las Vegas Sands will write the County of Nassau a check for $54 million dollars," Blakeman…
Law
Nassau County strikes Las Vegas Sands deal for new casino
Trip Pub

Long Island officials reach agreement to lease Nassau Coliseum to Sands for casino bid

Nassau County officials said Wednesday that they have reached a deal to transfer the lease for the Nassau Coliseum site to Las Vegas Sands, a major step in the gambling giant's push to win a coveted gaming license and bring a bustling casino to Long Island. The 99-year lease agreement does not guarantee that the Uniondale site where the New York…
Law
Long Island officials reach agreement to lease Nassau Coliseum to Sands for casino bid