#Sheldon Adelson

Forbes

Casino Stocks Rally As Macau Gambling Revenues Come In Strong

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

Finance ・ 03 January 2024

Vegas Inc

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

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

Industry ・ 28 December 2023

WBAP

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

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

Industry ・ 28 December 2023

CBS News

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

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

Politics ・ 28 December 2023

Wild Casino

$5,000 Welcome Bonus

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Star Advertiser

Sale of Dallas Mavericks to families behind Las Vegas casino approved

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

Land-based ・ 28 December 2023

CoStar

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

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

Law ・ 30 November 2023

Enfield Independent

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

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

Land-based ・ 29 November 2023

New York Post

Raiders' Mark Davis seen on slot machine in Las Vegas airport 'MNF'

Raiders owner Mark Davis is one of us. Just a week removed from getting into a shouting match with Raiders fans who were calling for coach Josh McDaniels' firing, Davis decided to try and get lucky at the Las Vegas airport slots. He was seen playing at the airport prior to the Raiders' big win on "Monday Night Football" against the Packers. It…

Incidents ・ 11 October 2023

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tradebrains.in

10 Fascinating Casino Facts You Never Knew!

Casinos have long been a centre of fun, potential fortune, and glitz. Casinos provide a unique experience, from the glittering lights to the alluring sounds of the slot machines. But there are fascinating truths hidden beneath the surface of this world of chance that could just make your next trip to the casino even more exciting. You probably…

Incidents ・ 18 August 2023

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 ・ 19 July 2023

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 ・ 15 July 2023

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 ・ 28 April 2023

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iGaming Business

Japan casino picture slowly coming into focus

Japan will make a decision on applications for integrated resorts from Osaka and Nagasaki in the coming months, perhaps as soon as this month. Then authorities will decide the fate of one or more unissued IR licences, with the distinct possibility of a supplementary round of applications that could include prime sites Tokyo and Hokkaido. That's the…

Politics ・ 09 March 2023

The Olive Press

Why Digital Gambling Is Becoming a Major Hit in Australia

To wager actual money, the first online casino went live in 1996. The internet gambling industry has exploded in recent years, with millions of people taking wagers and taking action at hundreds of sites. Now, you can visit any free spins casino in australi a from the comfort of your own home. All you need is a computer or a mobile device, but the…

Industry ・ 11 January 2023

South Florida Caribbean News

People Are Using This Option As An Alternative To Be Able To Gamble In Florida Amidst The Strict State Laws

Want to give gambling a try but feel restricted due to the strict laws your state government has imposed? No worries! Keep reading and learn how other Floridians are able to gamble despite these laws. The state of Florida's gambling laws are always altering as a result of a perpetual fight between residents and politicians to advance their varied…

Crypto ・ 26 December 2022

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 ・ 17 December 2022

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Gambling

AGA Stance On Online Casinos And Online Poker

In its recent survey estimating the size of the illegal online gambling market, the American Gaming Association (AGA) placed the amount wagered through illegal channels at more than $500 billion. According to the AGA, that half-trillion dollars is taking a $44 billion bite out of the licensed gambling industry. Per the AGA, illegal gambling is…

Law ・ 15 December 2022

iGaming Business

Tilman Fertitta takes Las Vegas

In a city long known for bigger-than-life figures such as mobster Bugsy Siegel, reclusive tycoon Howard Hughes and casino mogul Steve Wynn, Tilman Fertitta is the newest big player on the Las Vegas Strip. The billionaire Texas businessman and owner of Fertitta Entertainment, which owns more than 600 restaurants, hotels, casinos and other…

Industry ・ 14 December 2022

iGaming Business

Macau misses casino concession jackpot

Macau's decision to keep its same six casino operators, rejecting Genting Malaysia's bid, comes as no surprise. Equally unsurprising, this concession re-tendering process is another squandered opportunity for the world's once and future leading casino hub. Macau has made stunning progress since the first concession awards in 2002. Breaking a losing…

Industry ・ 06 December 2022

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 ・ 06 December 2022

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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 ・ 03 December 2022

Tekedia

Top 5 Largest Casino Operators in Canada

While most people associate casinos with Las Vegas or Atlantic City, several sites are located in Canada. They are run by various operators, each of whom is responsible for the casino's day-to-day operations. Operators in Canada must obtain a Canadian government license to operate the best gambling websites with the best no deposit casino…

Land-based ・ 01 December 2022

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 ・ 23 November 2022

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 ・ 11 November 2022

The Street

Iconic Las Vegas Strip Resort To Get $1 Billion Upgrade

Built in 1999, the Venetian Las Vegas isn't one of Sin City's oldest resorts, by any means--though it certainly is one of the biggest, as it boasts 36 stories and is more than 475 feet. It also houses the world's second-largest hotel, and a 200000-square-foot casino. So yeah, it's pretty big. But now that the Apollo Global Management (APO) has…

Land-based ・ 04 November 2022

T.H.E.- Music Essentials

The Largest Gambling Enterprises

The pandemic affected a lot of business enterprises. Multiple shutdowns, layoffs, bankruptcies, debts, and decreasing revenues happened worldwide. Can you imagine the casino houses so quiet and dark? It seems impossible, right? Even the market capitalization of certain companies went down. Nevertheless, here comes ease with the pandemic due to the…

Poker ・ 30 October 2022

Vegas Slots Online

Texas Governor Is Open to Casino Expansion if Re-Elected

Texas Governor Abbott is open to expanding gambling in the state if he manages to win re-election. [Image: Shutterstock.com] Texas Governor Greg Abbott appears to have opened the door to an expansion of casino gambling in the state. That is, if he wins his re-election battle on November 8. While Abbott emphasized that he does not want widespread…

Politics ・ 26 October 2022

The Nevada Independent

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

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 Caesars Entertainment's entrance into an…

Covid ・ 26 October 2022

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 ・ 26 October 2022

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 ・ 21 October 2022

Forbes

The Big Gamble: Inside The Battle to Operate A Casino In New York City

N ew York has begun the formal process to license up to three casinos in and around the city's five boroughs. And the billionaire-backed gambling companies and real estate developers are going all in to bring one to Manhattan. Building Las Vegas-style casinos in New York City is a seismic shift in the gaming industry. The state already has four…

Gaming Authorities ・ 21 October 2022

InvestorsObserver

Developers and Billionaires Are Lining Up for the Chance to Operate a New York City Casino

As the development of a New York City casino inches closer towards reality, the race is on to secure a license. New York state voters authorized the creation of seven casinos in 2013, and four upstate facilities opened in the first phase. Now the second phase is underway, and licenses for three casinos in the New York City area will soon be open…

Land-based ・ 05 October 2022

Times Of Casino

The 10 Biggest Casinos in the World in 2022

What started out as a game of dice between friends, has now grown into a juggernaut of entertainment, dining and unique gambling experiences. Post-covid, a lot of major casino developments have been kicked into the long grass. Although delayed, they are coming. Not least, the remarkable $5 billion Moon World Resorts, destined for Las Vegas; a…

Religion ・ 18 August 2022

VentureBeat

Steve Chiang's Fortis is a new game company backed by Las Vegas Sands

Fortis founders (left to right) Shawn Foust, Steve Chiang, and Calvin Lau. Interested in learning what's next for the gaming industry? Join gaming executives to discuss emerging parts of the industry this October at GamesBeat Summit Next. Register today. Fortis, a new video game company started by former Warner Bros. gaming leader Steve Chiang, is…

Land-based ・ 13 August 2022

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 ・ 10 August 2022

The Nevada Independent

Singapore resort keeps Las Vegas Sands afloat as Macau continues to crater

For the near term, Las Vegas Sands is a single casino company. Sands sold its Las Vegas holdings in February and its Macau casinos are operating at roughly 50 percent following a two-week shutdown tied to increased COVID-19 infections. The company relies on the Marina Bay Sands in Singapore for the majority of its revenue and cash flow. Last week,…

Covid ・ 27 July 2022

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 ・ 16 July 2022

Q Costa Rica

Casinos In Different Countries: Travel And Play

Casinos are a great way to make some money, have fun, get away from reality and take a break from your daily routine. When you think about it, casinos are one of the safest places in the world. They are also one of the most regulated institutions in existence today. Casinos have strict rules about how many drinks you can buy at once and how much…

Travel ・ 08 July 2022

The Paradise

A List of Celebrities That Love Gambling in Their Free Time

Did you know that some celebrities love to gamble in their free time? In fact, they even enjoy it more than anything else! Whether they're playing blackjack at a casino or betting on horses, these celebs can't seem to get enough of gambling. Celebrities are often portrayed as leading glamorous and jet-set lifestyles. However, what many people don't…

Blackjack ・ 01 July 2022

Asia Times

Policy changes make Macau’s casinos a risky bet

Casino operators in Macau, once the world's largest gambling center, are facing serious challenges due to Beijing's decisions to tighten travel rules and clamp down on junkets. Macau's Court of Final Appeal on Monday ruled that operators and junkets organizers were jointly liable for client deposits in nine cases filed by VIP gamblers, who demanded…

Covid ・ 18 May 2022

Seeking Alpha

Monarch Casino Stock: Run Room Supports Strong Buy Guidance (NASDAQ:MCRI)

Finance ・ 16 May 2022

The Street

Iconic Las Vegas Strip Casino Has New Owner with a Dodgy Past

Las Vegas has always been about failure and redemption. You can lose it all one night and make it back the next with a lucky roll of the dice or a magical spin of the roulette wheel. That's, of course, the idealized way to view Sin City. Everyone remembers their big wins more than they do their crushing losses. The reality, however, is that in the…

Land-based ・ 19 February 2022

The Street

Another Iconic Las Vegas Strip Casino Close to Big Changes

Las Vegas has seen its share of scoundrels and people of questionable morality own casinos. The city more or less rose to prominence as a mafia playground where backroom leg breakers and other shady characters once held the day. That influence subsided as major players including Caesars Entertainment (CZR) - Get Caesars Entertainment Inc Report and…

Land-based ・ 07 February 2022

Las Vegas Magazine

Las Vegas Magazine Hall of Fame 2022: The Venetian and The Palazzo

Sheldon Adelson was a man of means who was well-invested in Las Vegas when he had a vision for canals in the desert, with gondolas piloted by singing gondoliers and a luxury resort-casino built around that. The vision came to fruition as The Venetian, eventually complemented by The Palazzo, becoming a one-of-a-kind property. The trade-show…

New Year ・ 07 January 2022

Gambling News

Wynn Macau, Casino Companies Pay Bonuses to Employees

Wynn Macau has decided to give all of its (or nearly all) employees a holiday bonus that will be paid out this month. The bonus reflects not so much on the holiday season but rather on the dedication with which members of the team have worked through the nadir of the pandemic and coped with a challenging health environment throughout 2021. Wynn…

Jobs ・ 03 January 2022

Lodi Valley News

Three Iconic Las Vegas Hotels You Need to Visit

Las Vegas bills itself as The Entertainment Capital of the World, and it is easy to see why. Vegas is an adult's playground, with some of the world's most luxurious casinos, bustling casinos, vibrant nightlife, and amazing shows that rival the world-famous Broadway musicals. Hotel Nevada was the first hotel to open its doors in Las Vegas, Nevada.…

Land-based ・ 02 January 2022

Politico

Las Vegas Sands sues Seminoles-linked groups over major gambling expansion in Florida

The casino giant, founded by the late gaming mogul Sheldon Adelson, alleges that the Tribe is paying off petition gatherers to break previous agreements to collect signatures on behalf of the Las Vegas Sands-backed ballot measure. The payments, according to the lawsuit, were designed to get petition gatherers to join the "other side" and collect…

Politics ・ 02 December 2021

Forbes

Why Macau’s Casinos Are Still The Best Bet For Wynn And Las Vegas Sands

B efore the pandemic, Macau was the world's most lucrative gaming market in the world. But after nearly two years of outbreaks and lockdowns, which largely closed the borders of the autonomous region belonging to China to visitors, gambling revenues for the last 10 months are still down 70% compared to pre-pandemic levels. Macau casino stocks are…

Covid ・ 01 December 2021

The Sports Daily

$5000 Free at Texas Gambing Sites

Welcome to our guide to online gambling in Texas. Please scroll down for rankings of the top ten offshore sites that accept wagers from TX residents, a detailed overview of the state's current gambling legislation, and an outline of all land-based and digital casino services available to gamblers in Lone Star State. We put hours of research into…

Bonuses ・ 11 November 2021

FTN News

Top Largest Casinos in the World

In the last two years, the gambling business has suffered heavy losses due to the recent economic situation around the world. Most casinos have gone through tough times and were even closed. But with gradual recovery from the crisis, gambling corporations can again compete with each other, and we expect this trend to become more and more stable. In…

Blackjack ・ 02 November 2021

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Gambling News

Las Vegas Sands Is Reportedly Discussing Opening a Casino Near Citi Field

New York Mets' owner Steve Cohen is discussing a potential casino next to Citi Field with Las Vegas Sands Corp., as reported by numerous people who claim to be familiar with the discussions. These people claim that discussions are still in the preliminary stage. Considering the fact that the matter was private, they were given anonymity. At the…

Gaming Authorities ・ 01 November 2021

Bisnow

Mets Owner Bets A Casino Next To Citi Field Will Be Big Winner

Citi Field during a New York Mets vs. Washington Nationals game in August 2019 Steve Cohen is swinging for the fences in a bid to develop the land around the ballpark occupied by his new team. The billionaire hedge funder and owner of the New York Mets has been in talks with Las Vegas Sands Corp. about putting a casino near Citi Field in Willets…

Sports ・ 01 November 2021

Markets Insider

Is Las Vegas Sands About to Become an Unstoppable Growth Stock?

Casino company Las Vegas Sands (NYSE: LVS), which sold off its Nevada properties and went all-in on Macao and Singapore, reported its third-quarter results on Wednesday. But while many other gambling enterprises are enjoying a vigorous 2021 rebound, Sands' revenue and earnings results were more reminiscent of the metrics it saw during 2020's…

Covid ・ 01 November 2021

US Bets

Casino Mogul Warns Of Online Casino Peril

David Cordish, the legendary 81-year-old CEO of the century-old Maryland-based family gaming business The Cordish Companies, suggested at the East Coast Gaming Congress in Atlantic City Tuesday that he knew he was about to break with the usual industry sentiment. But Cordish went ahead with his continuing skepticism about the potential for online…

Law ・ 29 October 2021

Augusta Free Press

Online casino and gambling market worldwide

A casino is a facility that houses and accommodates certain types of games. The most common are card games such as blackjack, craps, roulette, baccarat, poker, and slot machines. Those are the games that are available in the casinos and there are also other types of casinos such as betting and etc. In nowadays the online casinos are very popular…

Industry ・ 20 October 2021

Casino News Daily

Continued litigation on US$12B claim against Las Vegas Sands in Macau

In an ongoing saga that would be of paramount interest to any aspiring screenwriter, a lead accountant for Las Vegas Sands recently told a court in Macau that the alleged value of a claim filed in 2019 and dating back to actions and decisions as far back as 2001 is "exaggerated" and unjustified from an accounting perspective. Taiwan businessman…

Travel ・ 20 October 2021

AZ Big Media

Gila River Hotels & Casinos breaks ground on Santan Mountain casino

Gila River Hotels & Casinos officially announced its newest project, Santan Mountain, at a groundbreaking ceremony earlier today on Gila River Indian Community land south of Chandler. During the momentous ceremony, Gila River Indian Community (GRIC), Gila River Hotels & Casinos and project leadership invited partners and state officials to…

Travel ・ 19 October 2021

Casino City Times

This Week in Gambling: Las Vegas online casinos are necessary

This week's gambling news finds J. Todd filming on the Las Vegas Strip, where the CEO of MGM Resorts has said that Las Vegas online casinos are "necessary" for continued growth. Other gambling industry stories include more revenue records from Nevada and New Jersey. Many people have wondered why there are no Las Vegas online casinos. Now, MGM…

Travel ・ 14 October 2021

Forbes

Blackstone To Sell The Cosmopolitan Of Las Vegas For $5.65 Billion

MGM Resorts International will acquire the operations of The Cosmopolitan, the luxury casino and hotel on the Las Vegas Strip, for $1.625 billion from private equity giant Blackstone. Both MGM and Blackstone announced the deal on Monday. The private equity firm's Blackstone Real Estate Partners VII LP is selling the hotel and casino's real estate…

Covid ・ 14 October 2021

Nikkei Asia

China shows why Asia's casino bubble was always doomed -Nikkei Asia

William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades." The house always wins. Just not in Macao, where this gaming industry maxim is being turned on its head. A plunge in casino-related stocks has analysts pointing fingers, junket operators reeling and investors…

Politics ・ 19 September 2021

Times Of Casino

10 craziest places for casinos

This week, we're testing the limits of human endurance and seeking planning permission for the world's ultimate casinos. Wet, dry, hot, cold… these destinations are the definition of extreme. Would Las Vegas legend Steve Wynn opt in? Will billionaire Sheldon Adelson build it and let them come? Is it another opportunity for Macau gaming legend…

Religion ・ 19 September 2021

Quartz

Macau's casinos could be the next target in China's crackdown

In its 22 years under Chinese rule, Macau evolved from a sleepy and slightly sleazy Portuguese colony to the biggest gambling jurisdiction in the world. Fueled by foreign investment, laissez-faire oversight, and billions of gamblers a short flight away, casino revenue on the island reached a high of 363 billion pacatas, or $45.4 billion, in 2013,…

Incidents ・ 16 September 2021

Adotas

Procedures backed by casino giant allows gambling casino, activities gambling in Texas

Procedures backed by casino giant allows gambling casino, activities gambling in Texas Las Vegas Sands try moving to construct the possibility for gambling casino at "destination resorts" inside condition's four prominent metropolitan areas. Two Tx lawmakers on Tuesday registered procedures supported by the playing kingdom Las vegas, nevada Sands…

Religion ・ 16 September 2021

The Real Deal

Macau Casinos Suffer August Slump

Macau's casinos had an abysmal August, continuing an 18-month run of hard luck in the coastal Chinese city as the pandemic continues to impact tourism. Gross gambling revenue last month fell to $554 million, the lowest monthly total so far this year and a mere fraction of the $3 billion per month averaged recorded in 2019, according to the Wall…

Travel ・ 08 September 2021

US Poker Sites

Online Gambling Coming to Pennsylvania Soon, Nine Casinos Apply for Licenses

For those frustrated with how long it is taking poker sites in Pennsylvania to launch, we have some good news. In recent days, nine land-based casinos applied for a license to operate an online casino, meaning online poker will soon become a reality in the Keystone State. These nine land-based casinos are each paying $10 million to the state for a…

Land-based ・ 25 August 2021

The Motley Fool

Why U.S. Casinos Are Beating Macao Casinos Right Now

The casino industry has had a rough go of it over the past two years, with COVID-19 shutting down the industry at times and the cash cow of Macao being hit by even more restrictions than U.S. casinos. You might think that this kind of environment would be terrible for casino stocks, but that's not the case across the board. MGM Resorts (NYSE:MGM)…

Sports ・ 21 August 2021

Orlando Sentinel

Florida gambling deal passes federal review

A key federal agency will not block a sweeping gambling deal Gov. Ron DeSantis signed with the Seminole Tribe of Florida, opening the door for sports betting to start as soon as Oct. 15 in Florida and setting the stage for a legal showdown over the issue. The agreement allows the Seminole Tribe to offer statewide online sports betting in…

Land-based ・ 07 August 2021

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 ・ 06 August 2021

Best US Casinos

Is Online Gambling Legal in Texas?

You'd think that the birthplace of Texas Hold'em would feature a robust gambling market. However, Texas is one of the least tolerant states towards gambling. The only forms of legal gambling in the Lone Star State include charity bingo, raffles, horse racing, and tribal gaming. The tribal casinos can only offer Class II gaming, which relates to…

NFL ・ 01 August 2021

The Nevada Independent

Indy Gaming: Las Vegas left behind as Sands charts future in Macau, Singapore and online

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. Las Vegas Sands is on its way to becoming just Sands. The…

NFL ・ 28 July 2021

Reuters

Las Vegas Sands’ new boss lays down his cards

HONG KONG, July 22 (Reuters Breakingviews) - Las Vegas Sands' (LVS.N) new boss is shaking up the $38 billion company built by the late Sheldon Adelson. Chief Executive Robert Goldstein took the helm at the end of January following the death of the group's famous founder. On Wednesday, he revealed his first full quarterly results. Covid-19 may have…

Travel ・ 22 July 2021

Texas News Today

MGM Resorts Unveils $ 9 Billion Casino Plan in Japan

International has officially proposed to build a $ 9 billion casino resort in Osaka, revitalizing the impetus to open Japan's first casino gambling facility after a pandemic-related delay. Global casino operators have been looking for opportunities since Japan legalized casinos in 2018, but the process went slowly and some companies withdrew their…

Travel ・ 21 July 2021

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 ・ 17 July 2021

Florida Phoenix

Gambling gold rush: FL OKs two more constitutional amendment drives for 2022 ballot

Florida's race to cash in on gambling super-heated this week, with two more constitutional amendments now proposed for the 2022 general ballots - bankrolled by millions in out-of-state campaign donations. The proposed amendments, both aiming to establish new casinos, are titled "Authorizes a Limited Number of New Casinos" and "Limited Authorization…

Law ・ 16 July 2021

Best US Casinos

Las Vegas Sands has Donated Millions into Florida Lately

Las Vegas Sands has been working hard to expand over the past few years. This major US gaming company now seems focused on entering Florida's market. Reports have confirmed that Las Vegas Sands has donated millions to one of Florida's political committees in another effort to break into the state. LVS is hoping this helps them secure a move into…

Land-based ・ 15 July 2021

World Casino News

iGaming move for Las Vegas Sands Corporation

In a break from its long-held opposition to online gambling and American land-based casino operator Las Vegas Sands Corporation has recently disclosed that it intends to'become a strategic investor in digital gaming technologies.' The Las Vegas-headquartered firm used an official Monday press release to state that it will be building'a digital…

Sports ・ 13 July 2021

Vegas Slots Online

Las Vegas Sands to Invest in Digital Gaming Technologies

As part of a new strategy, Las Vegas Sands has announced plans to create a team which will focus on investment in digital gaming technologies. [Image: Shutterstock.com] US-based casino giant Las Vegas Sands (LVS) is ready to put its weight behind digital gaming. The operator has announced that it will become a strategic investor in digital gaming…

Covid ・ 13 July 2021

Casino News Daily

In Major Shift, Las Vegas Sands Forays into Online Gambling

Casino powerhouse Las Vegas Sands is set to finally venture into online gambling after its former CEO and Chairman, late businessman Sheldon Adelson, for many years kept up strong opposition to digital casinos. The company announced Monday that it plans to become a strategic investor in digital gaming technologies and that its primary focus would…

Strategy Guide ・ 13 July 2021

Florida Politics

Las Vegas Sands pumps $17M into committee ‘contemplating options’ on gaming

Las Vegas Sands has wanted a resort-casino in South Florida for years. A newly formed political committee received $17 million last month from one of the largest casino companies in the world, but it's not yet clear what the group aims to accomplish. Florida Voters in Charge filed initial paperwork with the Florida Division of Elections two months…

Politics ・ 13 July 2021

Click 2 Houston

Legislation backed by casino giant would allow casinos, sports gambling in Texas

Two Texas lawmakers on Tuesday filed legislation backed by the gaming empire Las Vegas Sands that would legalize casino gambling in Texas. The legislation was filed by Rep. John Kuempel, R-Seguin, in the House and Sen. Carol Alvarado, D-Houston, in the Senate. The proposals would create special casino licenses for four "destination resorts" in the…

Sports ・ 12 July 2021

Review Journal

Chicago casino resort about to enter ‘request for proposals’ stage

It shouldn't be long before Chicago unveils its request for proposals to build a casino resort in the nation's third-largest metropolitan area. It was in early March that Chicago Mayor Lori Lightfoot announced that an RFP is coming for a single resort that is expected to include hotel, dining, entertainment and convention amenities. Several…

Travel ・ 07 July 2021

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 ・ 03 July 2021

Texas News Today

What Happened with the Texas Casino Bill?

The burgeoning iGaming market represents huge business in the US, with this sector worth an estimated $59.6 billion in 2020. What's more, the revenue forecast for 2027 is $127.3 billion, with this increasing incrementally as more states move to legalise online casino gameplay and (more commonly) remote sports betting. However, one state that's…

Politics ・ 29 June 2021

Cardschat

US DOJ Allows Appeals Window to Expire in Wire Act Online-Gambling Case

The United States Department of Justice [DOJ] has allowed the time window to expire for appealing an important 2019 US Appeals Court decision involving the Wire Act and its previous impact on most forms of online gambling in the country. In allowing the window to expire on Monday and not continuing the previous pro-Wire Act efforts of the Trump…

Covid ・ 22 June 2021

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 ・ 22 June 2021

The Nevada Independent

Resorts World unveiling ‘seems like an old-school Las Vegas resort opening’

The comparisons between the opening of Resorts World Las Vegas and the launch of The Mirage almost 32 years ago can't be ignored. Like its predecessor, the $4.3 billion Resorts World ends a decade-long lull of new Las Vegas Strip hotel-casino development. When it opened in 1989, The Mirage was the Strip's first all-new casino resort in 15…

Travel ・ 21 June 2021

Equities

Las Vegas Sands Facing $12 Billion Lawsuit in Macau From Former Partner

Business Macau Marshall Hao Sheldon Adelson Casino Gaming By Farah Master U.S. casino giant Las Vegas Sands is facing a $12 billion lawsuit from a former partner in a Macau court, in a case set to shine a light over how coveted casino licenses were awarded in the world's biggest gambling hub two decades ago. Former partner Asian American…

Law ・ 09 June 2021

MENAFN

Bitcoin Casinos: Step-by-Step Guide for Japanese Gamblers

Japan is a state with a special approach to gambling. Limited types of gambling games are allowed in the country. The main part of them is made up of specific national entertainment, such as pachinko or mahjong. Besides that, players are given the chance to place bets on some types of races. The popular majority of truly popular casino games are at…

Crypto ・ 05 June 2021

Legal US Poker Sites

Could Texas Finally Legalize Casino Gambling in 2021?

News in the online realm of the gambling industry regarding billionaire casino mogul Sheldon Adelson typically revolves around his avid dislike of online gambling. The idea of online casino games has inspired him to spend tens of millions - at a minimum - of dollars to fight it from the highest levels of the United States government. Recent…

Law ・ 05 June 2021

Review Journal

Global Gaming Expo returning to Las Vegas

The Global Gaming Expo, the world's largest gaming industry trade show, will return to Las Vegas in October after a one-year hiatus resulting from the coronavirus pandemic, organizers of the event announced Tuesday. The American Gaming Association collaborates with Reed Exhibitions to produce the show, which in the past has drawn more than 27000…

Covid ・ 01 June 2021

Review Journal

Mask policies for Las Vegas casinos, stores, groceries

The Centers for Disease Control and Prevention eased mask-wearing guidance this week for fully vaccinated people, allowing them to stop wearing face coverings outdoors in crowds and in most indoor locations unless otherwise prohibited. It became effective immediately in Nevada. Businesses in the state may still require masks for customers and…

Land-based ・ 15 May 2021

The Eagle

Give Texans the chance to vote on resort casinos

It has been almost 30 years since the once-controversial Texas lottery was approved by voters. The first scratch game - Lone Star Millions - was sold to Gov. Ann Richards on May 29, 1992, By the end of that day, 23.2 million tickets - a record at the time - had been sold. Lotto Texas sales began on Nov. 7, 1992, and Texans flocked to buy their…

Gaming Authorities ・ 09 May 2021

Review Journal

Pay gap widens between casino CEOs, average casino workers

The pay gap between Nevada casino companies' average workers and their CEOs is growing wider. The pay ratio between chief executives and median employees increased at four of the six largest public Nevada-based casino operators during the pandemic. CEOs' total compensation came in anywhere from 66 to 591 times that of a median employee in the…

Travel ・ 07 May 2021

Review Journal

April gross gaming revenues pick up steam in Macao

As a major holiday period wraps up Wednesday in Macao, gross gaming revenue for the area has picked up steam. Macao's Gaming Inspection and Coordination Bureau reported Saturday that the region's casinos collected $1.05 billion (U.S.) in April compared with $94.3 million (U.S.) in April 2020, a 1014.4 percent increase. It was the highest monthly…

Finance ・ 07 May 2021

Gambling

Could Nevada Take Next Step And Add Online Casino Gaming?

Nevada appears to be getting serious about expanding its gambling offerings to include online casino gaming, such as slot machines, blackjack, roulette and other games. So far, online gaming has been limited to sports betting and poker. On May 13, the Nevada Gaming Control Board will hold an in-person and virtual work session on online gaming with…

Covid ・ 07 May 2021

The Texas Tribune

Texas bill backed by Las Vegas Sands would allow casinos, sports gambling

Two Texas lawmakers on Tuesday filed legislation backed by the gaming empire Las Vegas Sands that would legalize casino gambling in Texas. The legislation was filed by Rep. John Kuempel, R-Seguin, in the House and Sen. Carol Alvarado, D-Houston, in the Senate. Rep. Toni Rose, D-Dallas, was later added as a joint author on the House proposal. The…

Sports ・ 07 May 2021

International Policy Digest

The Lobbyists' Secret War behind Gambling Legalization in the United States

The U.S. Department of Justice announced in January 2019 that all forms of interstate online gambling are illegal, reversing a longstanding DOJ opinion. Since then, proponents of legal online casinos and poker sites have accused Las Vegas Sands CEO Sheldon Adelson of calling in political favors with the Trump administration to change federal laws.…

Gaming Authorities ・ 07 May 2021

The Motley Fool

Forget Las Vegas Sands, MGM Resorts Is a Better Casino Stock

With casinos in the world's gambling capital of Macao -- the only place in China where it's legal to gamble -- still weighed down by the COVID-19 pandemic, resort operators like Las Vegas Sands (NYSE:LVS) with outsized exposure to the enclave carry more risk than their peers. In contrast, some analysts see the city of Las Vegas as the better bet…

Travel ・ 16 February 2021

World Casino News

Possible January start for Texas online casino proposition

In the southern American state of Texas and the billionaire boss of American casino operator Las Vegas Sands Corporation has reportedly been splashing the cash in advance of the consideration of proposed legislation that would seek to legalize some forms of online gambling. According to a Tuesday report from Austin-headquartered television…

Politics ・ 07 February 2021

Review Journal

Las Vegas hotel-casinos strive to gauge visitor demand

When one door closes, another opens. Las Vegas casino operators seem to be taking that adage to heart this month. Last week, Caesars Entertainment Corp. announced that it would reopen its fifth casino, Bally's, this month. Meanwhile, Las Vegas Sands Corp. is set to close its Palazzo hotel tower on weekdays, limiting its available rooms for the…

Land-based ・ 06 February 2021