#Miriam

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

Gambling on Gaming: Dallas Cowboys Partner with Las Vegas Slot Machine Company

The Dallas Cowboys have signed a multi-year partnership with Las Vegas-based Aristocrat Gaming. [Video still: Aristocrat Technologies] For generations, American sports leagues kept their distance from the world of gambling, gaming, and sports betting. But that's changed in recent years, as gaming aligns more and more with the bottom line of leagues…
Industry
Gambling on Gaming: Dallas Cowboys Partner with Las Vegas Slot Machine Company
Wild Casino
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
Cowboys ink deal with slot machine company as NFL, teams cozy up to gambling industry
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
Patrick Dumont says Las Vegas Sands “here for the long term” in fight for Texas IR
Super Slots Casino

$6,000 Welcome Bonus

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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
Will the United Arab Emirates become the ‘Las Vegas of the Mideast?’
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
Gambling & Politics, The Sequel
Shore News Network

Online Ticket Hits $625K Jackpot in Hudson County

TRENTON, NJ - A Jersey Cash 5 ticket has won a massive $625210 in Thursday night's drawing. The jackpot-winning ticket matched all five numbers: 12, 23, 32, 37, and 38, with an XTRA number of 02. The lucky ticket was purchased at Lotto.com, 111 Town Square Place in Jersey City, Hudson County. The retailer who sold the winning ticket will receive a…
Incidents
TimesNow

Woman Wins Rs 6.14 Crore Jackpot After Accidentally Playing Lottery Game

The jackpot is the largest won by a North Carolina Lottery player. | Representative image KEY HIGHLIGHTS A Cary woman won a Rs. 6.14 crore jackpot after accidentally playing an online game by North Carolina Education Lottery. Cynthia Harris, the winner, said she thought she was playing Bison Bonanza demo mode when she placed a bet. In April, a…
Winnings
Woman Wins Rs 6.14 Crore Jackpot After Accidentally Playing Lottery Game
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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
CEO pay towers over employees at big Las Vegas companies
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
Adelsons back pro-gambling coalition in push for Texas casinos
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
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
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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
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
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
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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
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)
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.
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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
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
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
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
Review Journal

Las Vegas Sands signs deal for NY casino resort site

New York's Nassau County signed a preliminary 99-year lease agreement with Las Vegas Sands Corp. for use of its 80-acre Nassau Veterans Memorial Coliseum site for development of an integrated resort with a casino on Long Island. In a news conference in New York on Wednesday, Sands Chairman and CEO Rob Goldstein and Nassau County Executive Bruce…
Land-based
Las Vegas Sands signs deal for NY casino resort site
Review Journal

Casino landlord Vici Properties’ top boss open to more deals in Las Vegas

Tourists who fill Las Vegas Boulevard's massive resorts to eat, gamble and party, never see the name Vici Properties. But the casino landlord rakes in a fortune from the Strip. New York-based Vici, the biggest property owner in Las Vegas' famed casino corridor, owns Caesars Palace, MGM Grand, Mandalay Bay, The Venetian, The Mirage and other huge…
Land-based
Review Journal

Las Vegas Sands speeding up Marina Bay Sands resort’s renovation project in Singapore

Las Vegas Sands Corp. will speed up its $1 billion renovation of the Marina Bay Sands resort in Singapore. In a proxy statement issued by Sands Friday, ahead of its May 11 annual meeting, Chairman and CEO Rob Goldstein said the project to upgrade two towers at the iconic property is expected to be completed by the end of the year. "Following the…
Travel
Las Vegas Sands speeding up Marina Bay Sands resort’s renovation project in Singapore
Review Journal

Macao casino revenue rebounding as analysts expect continued growth

Gaming industry analysts expect casino revenue to continue rising in Macao after back-to-back months of growth. The region's Gaming Inspection and Coordination Bureau on Wednesday reported a 33.1 percent increase in gross gaming revenue to $1.3 billion in February compared with a year earlier. While February figures were down from January, John…
Industry
Macao casino revenue rebounding as analysts expect continued growth
Review Journal

Las Vegas Sands Corp. to build Long Island casino resort

Las Vegas Sands Corp. is proposing to build a multibillion-dollar resort on Long Island, New York, as part of a bid for one of three downstate New York casino licenses. Las Vegas Sands said Thursday it has entered into agreements to purchase the long-term lease of the site that's currently home to the Nassau Veterans Memorial Coliseum. The…
Land-based
Las Vegas Sands Corp. to build Long Island casino resort
Review Journal

Las Vegas casino landlord Vici Properties owns 660 acres

After completing more than $20 billion in deals recently, casino landlord Vici Properties now owns several hundred acres along the Strip, "the most economically productive street in the world," the firm said Thursday. Vici, whose real estate holdings on Las Vegas Boulevard include megaresorts MGM Grand, Caesars Palace and The Venetian, this…
Land-based
Las Vegas casino landlord Vici Properties owns 660 acres
Review Journal

6 biggest casino deals on the Las Vegas Strip in 2022

A number of casino operators changed up their real estate portfolio this year with sales, acquisitions and leasebacks - showcasing a flurry of activity after the short but steep economic fallout caused by the COVID-19 pandemic. And a number of those deals, announced last year, have closed in 2022. Here are six of this year's major deals on the…
Industry
6 biggest casino deals on the Las Vegas Strip in 2022
Review Journal

Three Las Vegas companies receive Macau licensing extensions

Las Vegas Sands Corp. will tear a page out of the Las Vegas playbook when it invests $3.5 billion over the next decade in launching restaurants and nongaming tourist attractions to attract international visitors there, the company announced Monday. It plans to develop several new restaurants and introduce international culinary concepts to support…
Industry
Three Las Vegas companies receive Macau licensing extensions
Tyler Morning Telegraph

Mark Cuban has Vegas-like vision for Dallas, new Mavs arena if Texas OKs casino gambling

DALLAS - In recent years, Mark Cuban's vision for a new arena has included a 20-story Madison Square Garden-like structure with window views of Dallas and fans arriving in autonomous cars. Now his plans are substantially larger in scope, grandeur and - he believes - economic windfall for Dallas and Texas. And himself, naturally. "My goal, and we'd…
Law
Mark Cuban has Vegas-like vision for Dallas, new Mavs arena if Texas OKs casino gambling
Review Journal

Las Vegas Sands, Wynn Resorts, MGM Resorts named Macao’s gaming concession winners

Three Las Vegas-based companies got a welcome boost Saturday when the Macao government announced they had been granted provisional approval to continue operating casinos in the Chinese enclave for the next 10 years. Macao's special administrative region government announced Saturday that MGM Resorts, Las Vegas Sands, Wynn Resorts along with three…
Travel
Las Vegas Sands, Wynn Resorts, MGM Resorts named Macao’s gaming concession winners
Newsbreak Original

The wealthiest person in Las Vegas continues to give away millions

This month, I have been writing a series of'good news' articles looking at people who have been generous in giving back to their community. This includes entrepreneurs, business leaders, and entertainers. Today, I wanted to shine the spotlight on the richest person in Las Vegas, billionaire Miriam Adelson, and her charitable giving. Let's take a…
Incidents
Newsbreak Original

This Las Vegas billionaire is giving away millions

This month, I have been writing a series of'good news' articles looking at people who have been generous in giving back to their community. This includes entrepreneurs, business leaders, and entertainers. Today, I wanted to shine the spotlight on the richest person in Las Vegas, billionaire Miriam Adelson, and her charitable giving. Let's take a…
Incidents
Review Journal

Disappointing gaming revenue in Macao continues to saddle Las Vegas company-owned operations in the Chinese region as a result of COVID-19 restrictions.

Macao reported another disappointing month of gaming revenue in November with the region reporting winning $374.4 million, a 55.6 percent decline from November 2021. Macao's Gaming Inspection and Coordination Bureau on Thursday said the region has had only one month - February - in which the region's 39 casinos made more money than they did a year…
Covid
Disappointing gaming revenue in Macao continues to saddle Las Vegas company-owned operations in the Chinese region as a result of COVID-19 restrictions.
Houston Chronicle

Casinos target Texas with army of gambling lobbyists

Even before Gov. Greg Abbott declared in October that he's willing to consider expanded gaming options in Texas, that industry was trying to improve its odds in the state by doling out massive campaign donations and building an army of lobbyists in preparation for the legislative session that begins in January. More than 300 lobbyists are now…
Sports
Casinos target Texas with army of gambling lobbyists
Daijiworld

4 of America's wealthiest casino owners

Nov 11 (PR): Of course, the majority of people are aware of the "casino whales" and "high rollers," extremely wealthy people who love nothing more than to spend hours gambling millions of dollars. But in casinos, the wealthiest patrons are typically the establishments' owners rather than the players. One or two of these owners are at the pinnacle…
UFC / MMA
Houston Chronicle

Exclusive: Abbott open to expanded casino gambling in Texas

Gov. Greg Abbott is opening the door a crack to expanded casino gambling in Texas if he wins re-election. While far from an all-out promise to turn Texas into Las Vegas, the Republican is now saying that while he doesn't want a proliferation of gambling in Texas, he's willing to listen to the gaming industry's proposals. "We don't want slot…
Politics
Exclusive: Abbott open to expanded casino gambling in Texas
Review Journal

Macao travel restrictions continue to pummel Las Vegas Sands

Travel restrictions in Macao continued to drag on Las Vegas Sands Corp. earnings, but resiliency in Singapore had company officials feeling optimistic as they reported their third quarter results on Wednesday. The company reported a net loss of $239 million, 31 cents a share, on revenue of $1 billion for the quarter that ended Sept. 30. A year…
Travel
Casino.org

Top 5 Richest Casino Owners In The US

In the UnitedStates, casinos are big money. Of course, most people know about the high rollers and casino whales, extremely rich individuals who love nothing more than gambling millions of dollars in a single session. However, therichest people at casinos are usually not the gamblers, but the casino ownersthemselves. Out of allthese owners there…
Top and Best
Review Journal

Weeklong Macao casino shutdown affecting Sands, MGM, Wynn begins

Macao casino resorts closed their doors Monday as a weeklong government-ordered shutdown began in the region, taking a toll on properties including several operated by three Las Vegas-based companies. Because of elevated COVID-19 case numbers, Macao Secretary for Administration and Justice Andrew Cheong Weng Chun on Saturday ordered a closure of…
Covid
Seeking Alpha

Las Vegas Sands: Capitulation Here Or Near

Owning it: I have been following the shares of Las Vegas Sands (NYSE: LVS) for five years, for any number of reasons that most investors share with me. It is the global leader of the gaming industry, having been built from the Las Vegas legacy of the original Sands, home of the famous Rat Pack of Frank Sinatra, and decades later, its extension to…
Travel
Las Vegas Sands: Capitulation Here Or Near
Review Journal

Las Vegas Sands, Wynn Resorts, MGM among companies lining up for Macao license.

Seven gaming companies will vie for six operational licenses in Macao, but at least one analyst expects all of the competitors will end up getting a piece of the action. The government of Macao on Friday announced six existing concessionaires - Las Vegas Sands Corp., Wynn Resorts Ltd., MGM Resorts International, and Chinese operators SJM Resorts…
Travel
Las Vegas Sands, Wynn Resorts, MGM among companies lining up for Macao license.
Review Journal

Las Vegas Sands Corp. establishes $1 million scholarship program in Singapore

Las Vegas Sands Corp. and its Marina Bay Sands resort in Singapore established a $1 million scholarship program to help build a pipeline of new talent for the hospitality industry in that country. The scholarship is designed to advance hospitality careers in Singapore and capitalize on tourism growth projected over the coming years. "The…
Travel
Las Vegas Sands Corp. establishes $1 million scholarship program in Singapore
Review Journal

Macao casino relicensing occurring as region recovers from shutodown of properties

Macao, the most lucrative casino gaming market in the world since 2006, is taking a page from an old Strip playbook. Remember those efforts to draw families to Las Vegas in the 1990s? Casino companies across the valley built thrill rides, roller coasters and Strip-front entertainment to attract audiences to their resorts. That's what's in store for…
Strategy Guide
Macao casino relicensing occurring as region recovers from shutodown of properties
Times Of Casino

The 10 Richest People in the Casino Industry

Casinos are getting bigger, with more slots and tables games, spectacular shows, Michelin quality dining, and five-star hotels. In a chaotic world, where life can sometimes seem a little dark, casinos are man-made paeans to excess, indulgence, and fun. Gambling politics aside, casinos are built for both pleasure and profit. When it is done well,…
Industry
The 10 Richest People in the Casino Industry
Review Journal

Nevada’s casino industry donates to both gubernatorial candidates

The gaming industry is playing both sides in the Nevada governor's race, donating hundreds of thousands of dollars to both incumbent Democratic Gov. Steve Sisolak and his Republican challenger, Joe Lombardo, state campaign finance reports show. Between his campaign and his largest political action committee, Sisolak is taking the most from casinos…
Industry
Nevada’s casino industry donates to both gubernatorial candidates
Review Journal

Hedging their bets: Casino industry donates to both gubernatorial candidates

The gaming industry is playing both sides in the Nevada governor's race, donating hundreds of thousands of dollars to both incumbent Democratic Gov. Steve Sisolak and his Republican challenger, Joe Lombardo, state campaign finance reports show. Between his campaign and his largest political action committee, Sisolak is taking the most from casinos…
Industry
Hedging their bets: Casino industry donates to both gubernatorial candidates
Review Journal

Macao casino reopen, but business continues to be slow and will be for some time

The good news for Macao's 41 casinos is that the government has allowed the properties to open their doors again. The bad news: Not many people are coming through them. The fact that tourists face a seven-day quarantine before being allowed into the region is one big reason for the lack of visitors, according to a source familiar with the situation…
Covid
Macao casino reopen, but business continues to be slow and will be for some time
Review Journal

Sands casinos among properties that will be allowed to reopen Saturday morning

Las Vegas Sands Corp., operators of casinos in Macao and Singapore, reported tepid second-quarter revenue results Wednesday as health restrictions in Macao continued to batter resort operators there. The Las Vegas-based casino company reported a loss of $440 million, 38 cents a share, on revenue of $1.045 billion for the quarter that ended June 30.…
Covid
Sands casinos among properties that will be allowed to reopen Saturday morning
Review Journal

Macao casino shutdowns extended five days

Stock market prices for the affiliates of three Las Vegas companies operating in Macao began rebounding Monday, even after a weeklong government-ordered casino shutdown was extended by five days. The casino lockdown, which began July 11 and had been set to expire Sunday, is now scheduled to end July 23. Analysts have estimated the closures will…
Covid
Macao casino shutdowns extended five days
Review Journal

Macao extends lockdown by 5 days, 3 Las Vegas based casinos affected

HONG KONG - The Chinese gambling enclave of Macao on Saturday extended its lockdown by five days as it grapples with the biggest outbreak of the coronavirus in over two years. Authorities said that industries and commercial companies will remain closed until July 23. The lockdown, which began July 11, had been set to expire Sunday. The shutdown…
Covid
Macao extends lockdown by 5 days, 3 Las Vegas based casinos affected
Review Journal

Las Vegas bets big on DeSantis

Las Vegas millionaires are betting big on Ron DeSantis. The Florida governor's largest political action committee has taken in millions from the city's most influential donors, including a whopping $10 million from Budget Suites owner and aerospace entrepreneur Robert Bigelow. Bigelow's July 7 contribution is the largest ever received by the PAC,…
UFC / MMA
Las Vegas bets big on DeSantis
Review Journal

Macao casinos to close as COVID-19 outbreak widens

Macao will shut almost all businesses, including casinos, for a week starting Monday as a COVID-19 outbreak in the Asian gambling hub showed few signs of abating, Macao Daily reported. Essential business operations including supermarkets and pharmacies will remain open, the report cited the city's officials as saying at a press briefing Saturday.…
Covid
Macao casinos to close as COVID-19 outbreak widens
Review Journal

Cosmopolitan Las Vegas exec Patrick Nichols named CEO of The Venetian

An executive at The Cosmopolitan of Las Vegas is returning to The Venetian to become president and CEO, replacing longtime leader George Markantonis. Patrick Nichols, who began working at The Venetian and has been a Las Vegas hospitality executive his entire career, was named the property's top executive Thursday by New York-based investment firm…
Industry
Cosmopolitan Las Vegas exec Patrick Nichols named CEO of The Venetian
Review Journal

Macao gaming revenue slumps by 68 percent in May

On the day Chinese authorities lifted COVID-19 restrictions in Shanghai, Macao's Gaming Inspection and Coordination Bureau reported another steep decline in gross gaming revenue for the month of May. The bureau that monitors gaming revenue for Macao's 41 casinos - including several owned and operated by three Las Vegas-based companies - reported…
Finance
Macao gaming revenue slumps by 68 percent in May
Review Journal

New York casino licenses spur interest from local companies, Strip operators

Several Las Vegas resort companies are expected to vie for a license to open a casino in or near New York City. When New York Gov. Kathy Hochul and state legislative leaders fast-tracked the licensing of new casinos last week, they revived interest in the state's expansion of casino gambling in one of the most densely populated areas in the…
Gaming Authorities
New York casino licenses spur interest from local companies, Strip operators
Review Journal

Scottish gambler hits $280K jackpot on Strip

Last weekend turned out to be a very rewarding day for Peter Ferguson as he hit a jackpot while playing Ultimate Texas Hold'em on the Strip. Ferguson hit a jackpot of $280007 after being dealt a diamond royal flush on the popular Ultimate Texas Hold'em game Saturday, according to a company statement released Tuesday. The win occurred at The…
Winnings
Scottish gambler hits $280K jackpot on Strip
Review Journal

Florida gambling expansion backed by Las Vegas Sands abandoned

Florida Voters in Charge, the nonprofit political action committee funded by Las Vegas Sands Corp. to gather signatures on petitions supporting the legalization of commercial gambling in northern Florida, has abandoned its efforts to put the question on the November ballot. The organization also dropped an appeals court lawsuit it filed when Leon…
Travel
Florida gambling expansion backed by Las Vegas Sands abandoned
Review Journal

Macao gaming revenue dips to an 18-month low

Macao gaming revenue slumped to an 18-month low in March, Macao's Gaming Inspection and Coordination Bureau reported Friday. It was the second month this year that gross gaming revenue was below 2021 levels. The market showed a 6.1 percent rebound in February, thanks primarily to increased visitation during Chinese New Year celebrations. The bureau…
Finance
Macao gaming revenue dips to an 18-month low
U.S. Department Of Justice

Two Plead Guilty to Operating Illegal Gambling Business in Northern California and Conspiring to Launder Money

Two Los Angeles-area residents pleaded guilty today to operating an illegal gambling business and conspiring to launder money, U.S. Attorney Phillip A. Talbert announced. Pleading guilty today were Yosef Yitzchak Beshari, 29, of North Hollywood, and Efraim Journo, 30, of Los Angeles, in related cases. According to court documents, Beshari and…
Law
Review Journal

Optimism high among casino execs during Las Vegas investor forum

Nevada-based casino companies are poised for a strong 2022, judging by the upbeat comments from executives during an investment forum this week at Wynn Las Vegas. Casino executives said business is approaching or surpassing pre-COVID-19 levels, many companies are showing favorable group business calendars and leisure visitors continue to crowd…
Finance
Optimism high among casino execs during Las Vegas investor forum
Review Journal

Asian pandemic downturn leads Las Vegas Sands to stay patient

Las Vegas Sands Corp. executives will stay patient with their big investments in Macao and Singapore as the company prepares for its next phase of operations: one without Las Vegas resorts. Company leaders told investors during their fourth-quarter earnings call Wednesday that they'll stay the course in Macao, where it is the market leader, and go…
Covid
Asian pandemic downturn leads Las Vegas Sands to stay patient
Review Journal

Macao news propels stock prices for some Las Vegas casino operators

The stock prices of two Las Vegas-based gaming companies with operations in Macao soared Friday after the government there clarified its casino licensing framework following earlier proposals that clouded the region's outlook. Las Vegas Sands Corp., which operates one property on the Macao peninsula and five on the offshore Cotai Strip, saw its…
Land-based
Macao news propels stock prices for some Las Vegas casino operators
Review Journal

Las Vegas’ top real estate deals of 2021

Like countless other cities, Las Vegas spent the past year grappling with the pandemic and recovering from the economic disaster it unleashed in 2020. It also saw a burst of lucrative casino sales on the Strip as tourism rebounded from the public health crisis. Here is my list of Las Vegas' top 10 real estate deals of 2021. 1. The Cosmopolitan of…
Land-based
Las Vegas’ top real estate deals of 2021
Review Journal

Losses by large companies show pandemic still affects Las Vegas

The theory gaming industry analysts hypothesized months ago appears to be holding true: Companies operating on the Strip and in Macao are struggling more than their regional counterparts. Third-quarter earnings reports wrapped up late last month and the numbers show there's still a way to go before we can say the pandemic is behind us, even as…
Covid
Losses by large companies show pandemic still affects Las Vegas
Review Journal

Las Vegas casino investors wagering on comeback

When driving the Strip, walking its sidewalks or navigating its casinos, there is no mistaking it: America's rowdy gambling mecca is crammed with tourists again. And even though visitor volume remains below pre-pandemic levels, and the coronavirus outbreak has by no means been stamped out, casino investors are betting big that Las Vegas is back on…
Land-based
Las Vegas casino investors wagering on comeback
Review Journal

More states considering casino gambling expansion

It's no wonder why states across the nation are in various stages of introducing some form of gaming to their citizens. The American Gaming Association last week reported that commercial gaming revenue hit a quarterly record for the months of July, August and September and that revenue is on a record pace for 2021. The AGA said that with $38.67…
Gaming Authorities
More states considering casino gambling expansion
Review Journal

Kiss’s Las Vegas Strip residency canceled

The thing about showbiz is, there is no such thing as a sure thing. This is true even when Kiss is booked for a residency on the Strip. The much-ballyhooed series at Zappos Theater at Planet Hollywood has been canceled, with tickets being taken down from the Caesars Entertainment/Ticketmaster link. The shows were to open Dec. 29 and run through…
Land-based
Kiss’s Las Vegas Strip residency canceled
Review Journal

Mets majority owner reported to be in talks with Las Vegas Sands for casino

A sports business website has reported that Steven Cohen, majority owner of the New York Mets baseball team, is in preliminary talks with Las Vegas Sands Corp. to build a casino next door to the Mets' Citi Field. A Las Vegas Sands spokesman would not comment on the report but issued a statement about the company's continuing interest in the New…
Gaming Authorities
Mets majority owner reported to be in talks with Las Vegas Sands for casino
Review Journal

Las Vegas Strip landlord Vici sees revenues rise in Q3

The soon-to-be largest landlord on the Strip believes there's never been a better time to be investing in Las Vegas. That's understandable excitement for a company that has inked real estate deals for Strip properties totaling more than $21 billion this year alone. "We were very excited from the day we started the company. We're even more excited…
Land-based
Las Vegas Strip landlord Vici sees revenues rise in Q3
Review Journal

Las Vegas Sands Corp. reports third-quarter losses

Las Vegas Sands Corp. reported additional net losses in the third quarter, continuing a wave of losses that began in the first quarter of 2020. The operator of The Venetian and Palazzo on the Strip and the market leader in Macao on Wednesday reported a net loss of $495 million, 48 cents a share, on revenue of $857 million for the quarter that ended…
Finance
Las Vegas Sands Corp. reports third-quarter losses
Review Journal

G2E attendees get peek at latest slot machines, innovations

The latest and greatest offerings in slot machines were on full display this week as gaming manufacturers gathered in Las Vegas for the industry's largest trade show. "This is not new, but you see it happening more and more. They look to video games, social games and games that we play on our phones. That's all about achieving and getting the next…
Strategy Guide
G2E attendees get peek at latest slot machines, innovations
Review Journal

New table games shown at G2E offer new experiences for players

Table games have been slow to catch up to the technological revolution happening on the slot machine side of gaming, but that's changing. On Tuesday, table game manufacturers at the annual Global Gaming Expo, or G2E, showed off some of their latest products striving to narrow that gap while fostering a lively, social gaming experience. "Slots have…
Craps
New table games shown at G2E offer new experiences for players
Review Journal

Global Gaming Expo G2E gathering this week in Las Vegas to see new slot machines

If there ever was a slot machine supermarket, it would be G2E. Beginning this week, gaming industry professionals will gather at The Venetian Expo to see, hear and touch what gaming manufacturers say will be the next generation of casino gadgetry designed to keep players more engaged - and to spend more of their entertainment dollar. Leaders of the…
Winnings
Global Gaming Expo G2E gathering this week in Las Vegas to see new slot machines
Review Journal

G2E trade show opens, displaying latest gaming innovations, slots

Thousands of attendees are expected to check out the latest slots, table games and other gaming and hospitality innovations during G2E's trade show this week. G2E, also known as the Global Gaming Expo, kicked off in earnest Tuesday morning when the trade show opened and attendees streamed onto the show floor at The Venetian Expo in Las Vegas. Gov.…
Travel
G2E trade show opens, displaying latest gaming innovations, slots
Review Journal

$1M jackpot won on table game at The Venetian

Spending $5 never felt so good. A guest playing Ultimate Texas Hold'em at The Venetian was dealt a spade royal flush, earning $1042938, according to a company spokesperson. The jackpot hit Tuesday night, and the winner chose to remain anonymous. Making the $5 side bet made the bettor eligible to win the mega tier of the resort's Millionaire…
Winnings
$1M jackpot won on table game at The Venetian
Yogonet

The Dominican Government reinforces gambling rules

Dominican Republic | 09/21/2021 T he Dominican Government has tightened gambling rules. In order to obtain a more effective inspection and prosecution, the Ministry of Finance Jochi Vicente, and the Prosecutor General Miriam Germán Brito, signed the new protocol for the persecution of consortiums or lottery parlors, sports betting, slot machines,…
Mobile
Dominican Today

Dominican Gov. tightens rules on gambling

Santo Domingo.- To achieve a more effective inspection and prosecution, the Ministry of Finance and the Prosecutor General signed the new Protocol for the persecution of consortiums or lottery parlors, sports betting, slot machines, games online, ambulatory gambling with mobile devices and other unauthorized modalities. The agreement, signed by the…
Mobile
Dominican Gov. tightens rules on gambling
Review Journal

G2E speakers will include CEOs from three casino companies

The Global Gaming Expo, one of the city's most important conventions, is just three weeks away and the show's organizers have rolled out an impressive list of speakers. The expo also will be tasked with how to best address the challenges of keeping attendees safe during a pandemic. One of the highlights of the show at The Venetian Expo and The…
Covid
G2E speakers will include CEOs from three casino companies
Review Journal

Border restrictions in Macao result in losses for Las Vegas Sands Corp.

Las Vegas Sands Corp. on Wednesday warned investors that its China subsidiary operating in the Macao market suffered losses in July and August because of border restrictions imposed by the government. In a Securities and Exchange Commission filing Wednesday, the company said, "Tighter border restrictions were implemented in Macao affecting…
Covid
Border restrictions in Macao result in losses for Las Vegas Sands Corp.
Review Journal

Chicago’s casino resort plan thwarted by high tax rate, abundant competition

If everything had gone according to plan, we would all be buzzing this week about which company would have the best opportunity to build a casino resort in Chicago. But it hasn't gone according to plan. When Chicago started hearing crickets in response to its request for proposals, the city's leadership hit the brakes and pushed back the deadline…
Travel
Chicago’s casino resort plan thwarted by high tax rate, abundant competition
Review Journal

Friday the 13th jackpot winner at The Venetian

Friday the 13th has turned out to be a lucky day for one Texas visitor. Nora Davila from Pharr, Texas, became a millionaire early Friday morning at The Venetian after turning a $2 bet into $1021166 on IGT's Wheel of Fortune Double 3X4X5X Pay game. She became the resort's second guest in a week to win over a million while playing a popular Wheel of…
Winnings
Friday the 13th jackpot winner at The Venetian
Review Journal

Kiss set for Las Vegas Strip residency

Gene Simmons had just recalled Kiss' first show ever in Las Vegas, at the Aladdin Theatre for the Performing Arts "in 1975, or maybe it was 1875, way back then." And as we moved to modern times, I noted the Aladdin Theatre for the Performing Arts is now Zappos Theater. Simmons knew where these notes were leading. "You touched my private button,"…
Land-based
Kiss set for Las Vegas Strip residency
Tampa Bay Times

Seminole Tribe’s gambling compact with Florida approved by U.S. regulators

TALLAHASSEE - Federal regulators on Friday quietly and passively allowed the gambling agreement between the state of Florida and the Seminole Tribe to take effect, opening the door for sports betting to begin on Oct. 15, and setting off potential battles in court and on the ballot over what direction sports betting will take in Florida. In a…
Law
Seminole Tribe’s gambling compact with Florida approved by U.S. regulators
Review Journal

Parking at Miracle Mile Shops on Las Vegas Strip no longer free

Parking at the Miracle Mile Shops at Planet Hollywood is no longer free, officials announced Monday. Visitors who self-park in the garage will be charged $12 for one to four hours and $15 for four to 24 hours. It will remain free to park for one hour or less, according to Miracle Mile's website. It's the first time Miracle Mile has ever charged for…
Land-based
Parking at Miracle Mile Shops on Las Vegas Strip no longer free
Review Journal

COVID-19 ‘deep cleaning’ to close Marina Bay Sands casino through Aug. 5

The casino at Las Vegas Sands' iconic Marina Bay Sands resort in Singapore has been closed while the company addresses new COVID-19 alerts established by the government. "In view of the heightened COVID-19 situation in Singapore, Marina Bay Sands will be operating on revised capacities and stricter measures across property, in support of the…
Covid
COVID-19 ‘deep cleaning’ to close Marina Bay Sands casino through Aug. 5
Review Journal

Revenue rebounds, losses narrow for Las Vegas Sands Corp.

Las Vegas Sands Corp. has begun riding the rebound from the coronavirus pandemic, reporting improved second quarter revenue and narrowed losses on Wednesday. The company reported second quarter net loss of $139 million, 30 cents per share, on revenue of $1.173 billion in the quarter that ended June 30. That compares with a net loss of $757 million,…
Finance
Revenue rebounds, losses narrow for Las Vegas Sands Corp.
World Casino News

Positive pronouncements on Las Vegas Sands Corporation

In the United States and numerous industry analysts have reportedly predicted that the recent passing of Sheldon Adelson (pictured) at the age of 87 should have little serious impact on the immediate future of Las Vegas Sands Corporation. According to a story from CDC Gaming Reports, Adelson died at his home in southern California on Monday…
Industry
Positive pronouncements on Las Vegas Sands Corporation
Review Journal

New Las Vegas Sands digital gaming investment to be led by Davis Catlin

Las Vegas Sands Corp. is investing in digital gaming technologies focused in business-to-business transactions. The company on Monday announced it is building a digital gaming investment team to be led by Davis Catlin, joining Las Vegas Sands after spending 14 years with Sands Capital Management in Arlington, Virginia.That company is unrelated to…
Incidents
New Las Vegas Sands digital gaming investment to be led by Davis Catlin
Review Journal

$481K slots jackpot rolls into place at Strip casino

It's the gift that keeps on giving. Lisa Q., from El Cajon, California, turned a $5.60 bet into more than $481000 on Sunday when five jackpot symbols scattered on the National Lampoon's Christmas Vacation slots machine at The Venetian, according to a company news release. Jelly of the Month Club participation was not included. Winners across the…
Winnings
$481K slots jackpot rolls into place at Strip casino
San Antonio Express-News

Las Vegas Sands went all in on legalizing casinos in Texas. Here's why the multimillion-dollar effort did not make it far this session.

In its effort to bring casinos to Texas, Las Vegas Sands - the gaming empire started by the late Republican megadonor Sheldon Adelson - hired an army of lobbyists and spent millions more on TV ads, all after an election season in which Adelson's largesse was key in helping the state's Republicans remain in power. But the gargantuan undertaking…
Law
Las Vegas Sands went all in on legalizing casinos in Texas. Here's why the multimillion-dollar effort did not make it far this session.
Play NJ

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

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