#March Madness

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Note how the amount wagered each month is aligned with sports seasons (football, etc.) and major events (Super Bowl, March Madness, etc.). This graphic from Variety’s “Sports Gambling & Media” webinar on LinkedIn.

Note how the amount wagered each month is aligned with sports seasons (football, etc.) and major events (Super Bowl, March Madness, etc.). This graphic from Variety’s “Sports Gambling & Media” webinar on LinkedIn.
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Arkansas judge voids casino license granted to Cherokee Nation

Arkansas judge voids casino license granted to Cherokee Nation Businesses. The company will appeal the decision. Gulfside Casino Partnership had appealed the November 2021 decision to grant the Pope County license to the Cherokee Business. The casino proposal was estimated to cost $225 million. It would include 50,000 square feet of gaming space accommodating 1, 200 rooms, a resort-style pool, spa and fitness center, 15,00 square ft of mixed-use conference and entertainment space, and outdoor water park and music venue. Cherokee businesses filed a notice of appeal with the state Supreme Court on Friday afternoon.
Law
Arkansas judge voids casino license granted to Cherokee Nation
talkbusiness.net

Judge voids Pope County casino license granted to Cherokee Nation

Arkansas officials "unconstitutionally" granted a casino license to Cherokee Nation Businesses. Pulaski County Circuit Court Judge Tim Fox ruled that the Arkansas Racing Commission acted outside its authority. The Cherokee Business will appeal the ruling. Gulfside Casino Partnership had appealed a November 2021 decision to grant the Pope County license. Cherokee business proposed a $225 million casino with 50,000 square feet of gaming space, 1,200 slot machines and 32 table games, a sportsbook, luxury hotel with 200 rooms, resort-style pool, spa and fitness center, and outdoor water park and music venue.
Law
Judge voids Pope County casino license granted to Cherokee Nation
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The Street

Las Vegas Strip Gets a Nice Christmas Present

New Year's Eve room rates in Las Vegas are three times higher than Christmas weekend. Room rates for a Friday through Sunday stay for Christmas and New Year’s weekend are $127.73 and $371.14 per night respectively. Las Las. Vegas has made strides to become more family friendly but it is still mostly a playground for adults.
New Year
recommend.com

Las Vegas Has Updates for 2023: All you Need to Know

Las Vegas has updates for 2023. There are new suites and guestrooms, revamped shows, new restaurants and exciting events. Bruno Mars, Usher and Maroon 5 will perform in Las Vegas in January, February, March, April, July and August. Bellagio Resort & Casino has upgraded in-room amenities and a $63 million room remodel project will refresh 1,830 guest rooms and 155 suites. The Cathedrale Las Las Vegas at ARIA is on its way to be completed this year. This summer clients can enjoy poolside facials from KNESKO Skin at Bellaggio, ARia and MGM Grand Las vegasy.
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Las Vegas Has Updates for 2023: All you Need to Know
The Street

This Year's Best Las Vegas Strip Deal Was One That Never Happened

The Consumer Electronics Show was cancelled in Las Vegas in 2022. However, the March Madness and the NFL Draft were big successes for Caesars Entertainment. The omicron variant put pressure on companies to back out of the show. This year's best Las Las Vegas Strip deal was one that never happened. It was a very strong year for the Caeres.
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The Street

Las Vegas Strip Gets Good News for Tourists

The Las Vegas Strip was closed in March 2020 due to a health crisis. Caesars and MGM Resorts International slowly reopened their casinos two years later. The health issues have since been under control. The situation could be worse if a healthcare crisis continues to affect the Strip. It is also a problem with Candida auris and MPox.
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The Street

Mirage Closing, Caesars Flops: 2022’s Top Las Vegas Strip Stories

The Las Vegas Strip hosted the Consumer Electronics Show this year. March Madness drew near-record crowds and headliners began returning to Caesars Entertainment (CZR) and MGM Resorts International's (MGM) Get Free Report big venues. Las Las Vegas hosted a massively successful NFL Draft in April. Land prices climbed astronomically and a number of new projects have begun.
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The Street

Iconic Las Vegas Casino Getting Huge Makeover

The times are changing in Las Vegas as more casinos are being built or upgraded. Caesars, Get Free Report and MGM are currently undergoing renovations. Circus Circus is also getting an update. Plaza Hotel & Casino is undergoing changes. The Strip is expanding as world class attractions are built on the North Strip and Circa on Fremont St.
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fillmorecountyjournal.com

Never gamble more than your beneficiaries can afford to lose

Lloyd and Mary are in a casino. They are discussing Lloyd's gambling. They think his chances of winning are one in one million. He gambled away his car once. His father convinced him that gambling is a bad idea. Mary thinks his chance of success is one out of a million, like in Dumb and Dumber.
Christmas
Star Advertiser

Las Vegas Advisor: Work begins on long-stalled $750M casino in Las Vegas

Work has begun on Red Rock ­Resorts’ Durango Station, a $750-million hotel-casino in southwest Las Vegas. The resort's completion date hasn't been announced, but it's expected to be late 2023 or early 2024. Redrock ­resorts remains mum on any plans for the reopening of its two Fiestas and Texas Station properties.
Travel
Yogonet

Nevada gambling revenue tops $1B for 18th consecutive month in August at $1.2B

Nevada is on pace to beat its record of $13.4 billion in annual gambling revenue. Through August this year, Nevada has collected $9.8 billion. Special events, including concerts at Strip resorts and sporting events at Allegiant Stadium and T-Mobile Arena, are driving visitation and gaming play. Las Vegas Convention and Visitors Authority reports 3.2 million people came to Sin City in August. However, visitor volume is still lagging behind pre-pandemic levels.  Next year’s scheduled NCAA March Madness Regional Championship round in April, Formula 1”s Las Las Grand Prix in November, and Super Bowl LVIII in February 2024 are expected to act as tourism drivers to the state.
Finance
The Washington Post

How March Madness invaded Las Vegas

Tara VanDerveer helped to crystallize the evolution of Las Vegas as a sports town. Nowadays there are Vegas basketball people, strewn all over the map. March basketball is as commonplace to Las Las as delight, despair and divorce lawyers. The city has sprouted arenas like other towns do Starbucks. It has had the Pac-12 since 2013, the Mountain West Conference since 2007, West Coast Conference from 2009, Western Athletic Conference and Big West since 2021. There are also arenas named for T-Mobile, for a brand of a crucial Las Nevada beverage, and for two visionary bankers.
Hockey
The Nevada Independent

Slot machine play lifts Nevada to second-highest ever revenue month

Nevada casinos fell $4 million short of tying the state’s single-month gaming revenue record during March. Las Vegas Strip casinos recorded their third-highest revenue month of all time. Last year, Nevada casinos collected a record $13.4 billion in gaming revenues.  Clark County”s gaming Revenue of almost $1.2 billion was a single month record. Downtown Las Las. Vegas and the balance of Clark County also recorded singlemonth records. $901.3 million in slot machines produced by slot machine statewide was an all-time record and a 16.8 percent increase compared with March 2021.
Finance
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The Street

Las Vegas Strip Casino Leaders Take Unexpected Covid Hit

Covid has flared up and is causing problems for three Las Vegas-based companies. Caesars Entertainment and MGM Resorts International took a hit during the pandemic. The city's casinos, hotels and restaurants were closed for about two months. Trade shows were cancelled or went virtual. Consumer Electronics Show returned in January 2022.  By March Madness and late-April's NFL Draft, the Strip was operating nearly normal.
Covid
Las Vegas Strip Casino Leaders Take Unexpected Covid Hit
The Street

Iconic Vegas Casino Getting Huge Makeover

The construction cranes are visible on the Las Vegas skyline. New casinos are being built or upgraded along the Strip. Caesars and MGM are currently working on new projects. Circus Circus is getting an update. Plaza Hotel & Casino is undergoing changes. The long-delayed Fontainebleau has been put back on track for a late-2023 opening.
NFL
Iconic Vegas Casino Getting Huge Makeover
The Street

Caesars, MGM, Las Vegas Strip Get Surprising Good News

After two years of quarantine and quarantine, Americans want to travel. Las Vegas has everything from its casinos to a huge array of entertainment options. New government decision should drive up occupancy rates for Caesars, MGM, Wynn, and the rest of the Las Las Nevada casino/resort operators. i.e. Caesar's Entertainment Inc. Report, Carnival Cruise Line Report and Wynns Resorts Limited Report.
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Caesars, MGM, Las Vegas Strip Get Surprising Good News
The Street

Las Vegas Strip Casinos Get Some Very Bad News

Las Vegas has recovered well from the pandemic. The city's casinos fought through restrictions and canceled conventions to build their business back to where it was before the Pandemic, and the NFL has been a big part of the comeback. NBA teams are interested in coming to Las Vegas. There are rumors that the Oakland Athletics will bring a team to the city.
Land-based
Las Vegas Strip Casinos Get Some Very Bad News
The Advocate

Louisiana casino revenues post drop in April

Louisiana's state-regulated casinos saw a 7.4% drop in revenue in April. The only properties to post a year-to-year gain were Harrah's and Treasure Chest in Kenner. High gas prices and rising inflation are to blame for the drop. March Madness college basketball tournament generated $5.6 million in sports bets.
Finance
Louisiana casino revenues post drop in April
The Atlantic

America Will Learn to Regret Legalized Gambling

America Will Learn to Regret Legalized Gambling. Sports betting is legal in some 30 states and 18 allow sports betting online. All of the major sports leagues have official betting partners. Calvin Ridley of Atlanta Falcons is out for the 2022 season after betting about $4,000 on NFL games. The NFL has an app for sports-betting apps. Every other commercial is for a sports betting app. Pregame and halftime programming is given over to promos for FOX Bet and other services.
Law
America Will Learn to Regret Legalized Gambling
Yogonet

Nevada casinos hit 2nd highest revenue ever boosted by Strip, slots records in March

Nevada casinos recorded their third-highest revenue month of all time in March. Las Vegas Strip casinos had a 48.8% increase over March 2021. The March figure was a 26. 8% rise over the previous month. Last year, Nevada casinos collected a record $13.4 billion in gaming revenue. The opening weekend of the March Madness men’s and women”s NCAA basketball tournaments were also a factor in the gaming totals. In March, $901.3 million in slot machines statewide was an all-time record.
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Nevada casinos hit 2nd highest revenue ever boosted by Strip, slots records in March
Review Journal

Gaming win numbers set new records in Clark County, downtown Las Vegas

Clark County casinos won $1.178 billion from players in March. Downtown Las Vegas properties won 22.6 percent more than last year. Nevada casinos statewide won more $903 million from slot machines in the same month. The March total was the second-highest monthly total in history. The state received $97. 6 million in gaming win from casinos for March, a 0.9 percent increase over the previous year's total. Tax collections are up 30 percent to $808. 9 million for the first 10 months of the 2021-22 fiscal year, which is important for Nevada.
UFC / MMA
Gaming win numbers set new records in Clark County, downtown Las Vegas
Casino City Times

This Week in Gambling: Ontario online gambling

This week's gambling video finds March Madness wrapping up and Ontario online gambling going live. Several operators have launched, including FanDuel, BetMGM, Rush Street, Unibet, and Bet365. Hooters sports betting will be handled by licensed operators in legal jurisdictions. Nevada and Las Vegas casinos earned $1.1 billion in profits in February. For the 12th consecutive month, Nevada casinos generate over $1000 billion. For February, the state's casinos set a new all time revenue record.
NFL
The Street

Las Vegas Strip Completes Its Covid Comeback (Thank the NFL, BTS)

The pandemic forced Las Vegas to close in 2020. The city was almost empty in 2021. In 2022, the Consumer Electronics Show attracted only 30,000 people. March Madness and the end of mask mandates have led to a Las Las Nevada revival. Caesars, MGM, and Wynn investors can celebrate some major catalysts that should drive business higher.
NFL
Las Vegas Strip Completes Its Covid Comeback (Thank the NFL, BTS)
New Jersey Online Gambling

NHC Moves from January, Adds to 2023's March Madness in Las Vegas

The National Horseplayers Championship is being moved from January to March. The next year's NHC is on March 10-12, 2023 at the rebranded Horseshoe Las Vegas. Las Las Vegas hosted the Pac- 12, Big West, Mountain West and West Coast Conference basketball tournaments this year.
Tournaments
NHC Moves from January, Adds to 2023's March Madness in Las Vegas
The Rogersville Review

Stories of a World Gone Mad: Gambling is truly investing for dummies

Before the NCAA basketball tournament started, he entered a contest where he picked each game before the tournament starts. After the first day of March Madness, I was in 46th place out of lots and lots of entrants. I thought that was pretty good. When day two concluded, it climbed up to 15th. On Saturday, after Tennessee laid its annual NCAA tournament egg, I fell to 96th position.
Games
Stories of a World Gone Mad: Gambling is truly investing for dummies
Online Poker Report

Soaring Eagle To Open Sportsbook Apr 4, Online Gambling Coming Soon

April 4th is the final game of the March Madness basketball tournament. The opening of Ascend Sportsbook at Soaring Eagle Casino and Resort in Mount Pleasant, Michgan is also important as it will be Michiganders’ 13th option for retail sports betting.
Sports
Soaring Eagle To Open Sportsbook Apr 4, Online Gambling Coming Soon
Campus News

When gambling goes too far

Sports betting was legalized in New York in January of this year. $1.7 billion in bets were placed in the state in 24 days leading up to the Super Bowl. The casinos that operate the sports apps raked in $125 million in profits. 51% of that money goes to New Yorkers in form of tax revenue. A third of all legal sports bets in America come from New york.
NFL
When gambling goes too far
Advantage News

March is state Problem Gambling Awareness Month

March is Problem Gambling Awareness Month in Illinois. Up to 4% of the population have a problem gambling. Illinois has 10,000 video gaming terminals in restaurants and other outlets across the state. In the past two years, Illinois trained 245 clinicians to provide gambling disorder treatment services. The Council on Problem gambling has an online gambling chatline at We Know The Feeling. It's free and available to call 1-800-GAMBLER or text: "ILGamB" to 53342.
Gambling Addiction
March is state Problem Gambling Awareness Month
Star Advertiser

Las Vegas Advisor: New owners in place at Las Vegas strip casinos

The $6.25 billion sale of the Venetian and Palazzo by Las Vegas Sands Corp. to Apollo Global Management and VICI Properties has closed. It marks the end of Sands’ presence in Las Las. The company is now focusing on its resorts in Macau, Singapore and Pennsylvania.
Land-based
Las Vegas Advisor: New owners in place at Las Vegas strip casinos
12 WBOY

Gambling Hotline warns of gambling during March Madness

March is National Problem Gambling Awareness Month. The Problem Gamblers Help Network of West Virginia sees an increase in calls every March due to March Madness competitions. If you feel like you have a gambling addiction, you can call 1-800-Gamblers (1-844-426-2537) to be connected to someone in West Virginian and be referred for treatment.
Gambling Addiction
Gambling Hotline warns of gambling during March Madness
LegalScoops

The Push For Online Gambling

US states are showing interest in online gambling thanks to the Supreme Court's 2018 decision to repeal PAPSA. Most states have legalized online casinos and sportsbook apps. Michigan will launch its online sports betting in the summer of 2021.
NFL
The Push For Online Gambling
Rio Rancho Observer

Association helps combat problem gambling

March is Problem Gambling Awareness Month in the U.S. The Responsible Gaming Association of New Mexico offers year-around help for people hurt by unhealthy gambling. In 2021, the association reported an 11 percent increase over 2020 in visits to its website. Clicks from the website to a treatment providers’ website went up 78 percent from 2020. March is also when the annual college basketball tournament is held. 47 million Americans expect to bet on the March Madness tournament.
Gambling Addiction
Association helps combat problem gambling
The Street

Las Vegas Hotels, Casinos Try to Move Past the Pandemic

Las Vegas was hit hard by the pandemic. Conventions were canceled and international travel was stopped. The city's famous casinos dealt with mask mandates, health checks and social distancing. Las Vegas has finally put the Pandemic behind it. The Consumer Electronics Show (CES) was a dud. It was the event that usually kicked off Las Las' busy season. Now Las Sin City is trying to make a comeback.
Covid
Las Vegas Hotels, Casinos Try to Move Past the Pandemic
Relevant Radio

The Trouble with Gambling

Cale worked in the gambling industry in Nova Scotia. He was hired as a marketing manager in a casino. Cale believes that gambling is immoral on its own. He believes it is also unethical and dangerous. The Cales Clarke Show is broadcast on The. Show. It is a talk show about the topic of gambling. it also discusses the morality of the industry. and the methods of attraction. of casinos. In the show, Calson discusses his experience in gambling and his opinion on the ethics of it. in his view, gambling should be regulated. he also explains the reasons why it's not. for him to be involved in it and what the stakeholders do to assure the well-being of all users.
NFL
The Trouble with Gambling
The Street

Las Vegas Casinos Score a Huge Super Bowl Win

The Super Bowl brought Las Vegas back to life. Nevada's 179 sports books took in nearly $180 million in wagers for Superbowl LVI. Los Angeles Rams beat Cincinnati Bengals 23-20. The books made $15.4 million off of Sunday's game. The previous Super bowl was canceled and the previous one was muted. Las Las casinos saw a big increase in gambling. They are MGM Resorts International and Caesars Entertainment.
NFL
Las Vegas Casinos Score a Huge Super Bowl Win
The Street

Las Vegas Casinos Have a Huge Win: Caesars and MGM Cash In

The Super Bowl marked Las Vegas's official return to normal. It was the first major event held in the city since Nevada dropped its indoor mask mandate. A record 31.4 million American adults planned to bet on Superbowl LVI, a 35% increase from 2021. Bettors expected to wager $7.61 billion on this year’s championship game, up $3.33 billion from last year.
Land-based
Las Vegas Casinos Have a Huge Win: Caesars and MGM Cash In
Las Vegas Weekly

Azilo Ultra Lounge-and monthly party Vibra-bring new dimensions to the Las Vegas Strip

Azilo Ultra Lounge at the Sahara Las Vegas was completed in late September. It offers unique musical programming, a fun specialty cocktail menu and outdoor activities. The next big event is the indoor-outdoor Super Bowl party in February.   “It’s a steady and consistent plan to build inside the lounge and outside at Azilo”, says Steve Sagan, general manager of daylife and nightlife. He adds that the resort is not jumping off the deep end. “That way we can sustain whether it's recession time or everyone is coming to town and spending thousands of dollars .
Land-based
Azilo Ultra Lounge-and monthly party Vibra-bring new dimensions to the Las Vegas Strip
New Jersey Online Gambling

Ocean Casino Raising The Ante On Upgrades

Ocean Casino in Atlantic City is planning to build a new sports bar and lounge during March Madness. The new venue is budgeted at $4 million and is scheduled to open sometime this summer. Vic Salerno and USBookmaking will provide the lines. The casino hopes to have obtained regulatory approval by that point.
Travel
Ocean Casino Raising The Ante On Upgrades
NY Fights

When will NY residents be able to play legally in a real money online casino?

NYC residents will be able to bet on sports online by the time of the Super Bowl in 2022. New York is under pressure to legalize online gambling as soon as possible. Many states in the Northeast already offer online casino gambling. New Jersey legalized online casinos in 2013. Pennsylvania also legalized casinos and sportsbooks in recent years. The state is expanding its online gaming market. It is less seasonal than sports betting revenue. NY needs to increase its gambling revenue to keep up with the competition. They need to take advantage of sports gambling to boost their coffers. In New Zealand, sports bets are popular during the winter months.
Law
When will NY residents be able to play legally in a real money online casino?
Sports Handle

Richmond Voters Reject ONE Casino In Virginia Referendum

Richmond voters rejected the construction of a $565 million casino with retail sports betting. The media group Urban One and Pacific Peninsula Entertainment spent more than $1 million in advertising to drum up support for the referendum. The project called for a casino to be built in an industrial area of the city where tobacco titan Philip Morris once operated. Virginia made it legal for five cities to have brick-and-mortar casinos last November.
Law
Richmond Voters Reject ONE Casino In Virginia Referendum
Review Journal

Las Vegas bar owner saw plenty of turmoil during pandemic

Jonathan Fine's business has been in turmoil since the pandemic hit Las Vegas. Fine is the founder of Fine Entertainment, which owns Pkwy Tavern, AmeriCAN, Rockhouse, and PBR Rock Bar. He opened the fifth PKwy tavern this month near the M Resort and plans to open the sixth in the Spring Valley area in late September. The latter is in former home of Ricardo's, a decades-old Mexican restaurant that closed after the Pandemic.
Covid
Las Vegas bar owner saw plenty of turmoil during pandemic