There aren’t many roadblocks that can stop Nevada’s gaming and tourism industry growth for the rest of 2023, but labor unrest could spoil the party.
Casinos & Gaming
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The new Massachusetts sports-betting law prohibits bettors from wagering on sports teams from UMass, Boston College, Harvard and other universities.
If you’re under 21, don’t expect to get in at Circa or El Cortez. Their leaders are happy with their decisions, but they don’t expect any other properties to join them.
Last week’s announcement of the transaction makes sense in terms of corporate strategy and many people already view the Cosmo as an extension of MGM’s CityCenter.
Will resort properties change hands? Will the NBA plant a team in Las Vegas? Will the Boring Co. make tracks underground?
Jennifer Roberts has been a fixture in Nevada gaming regulation and at UNLV, but is now heading to Tennessee to head that state’s new sports wagering operation.
The Wynn Resorts matter may be over but the tentacles connecting the company to former executives may live on for a long time.
Is the spread of casino gambling across the United States killing Las Vegas? No, the numbers say.
The gaming and tourism industries pay far more toward Southern Nevada’s tax base than just room taxes.
This week’s long-awaited U.S. Supreme Court oral arguments on Christie v. the NCAA that could influence whether sports wagering will be legalized nationwide could also play a role in another issue at the forefront of the gaming industry — the presence of marijuana in casino resorts.
At the risk of tipping off Southern Nevada’s tourism rivals, it’s remarkable that Las Vegas’ air service recruitment model hasn’t been replicated by other communities across the country.
We’ll have to endure the summer heat twice before we get to see the puck drop at T-Mobile Arena for the Las Vegas Whatever-We’re-Going-to-Call-Them hockey team competing in the National Hockey League’s 2017-18 season.
Eight casino projects in the Northeast that are under construction or in planning is great news for Nevada’s slot machine industry, which will have to fill orders for some 20,000 games as the developments come on line over the next three years.
By all accounts, a referendum to undo Massachusetts’ casino law should get crushed in Tuesday’s election and lose by some 15 to 20 percentage points. That’s what the most recent polls say. Then again, this is Massachusetts.
Florida is back in play, but no one really seems to care.