Thousands of people will come for special events in Las Vegas and most of them will try their luck in casinos, even though, statistically, luck may not be on their side.
Casinos & Gaming
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The new Esports Technical Advisory Committee is charged with establishing policies about how to protect participants from potential match-fixing and other cheating.
Rhode Island-based Bally’s Corp. is one of the nation’s fastest growing casino companies and it’s making its mark with sports wagering and a television network.
The Nevada Gaming Control Board’s appeal of a court ruling is more about keeping its ability to discipline licensees than chasing after Steve Wynn.
Years of legal wrangling finally yielded the nation’s first online poker industry when Nevada introduced it in April 2013. It took a long time for that launch because critics had, for years, pointed to federal laws banning gambling.
It happened again last month for the umpteenth time: a fresh Fontainebleau sale rumor.
New York is on track to collect more casino tax revenue than Nevada this year. If that happens, Nevada will become the No. 3 state in the union for collecting tax revenue from the casinos within its borders
Now that Macau’s casino market has hit rock bottom, the investment community might have a more optimistic opinion about the world’s largest gaming market.
As SLS Las Vegas nears its one-year anniversary in August, it’s become clear the north Strip hotel is having trouble finding its niche in the resurgent Strip market.
It’s unclear if Boyd Gaming Corp. will ultimately spin-off all or a portion of the company’s casinos into a real estate investment trust. But the idea certainly piqued the interest of the investment community.
Remember the photo from the 2012 Summer Olympics of U.S. gymnast McKayla Maroney, standing on the medal podium after taking silver in the vault finals, arms crossed, lips pursed to the side, with a look of disappointment? The investment community might give giant International Game Technology the same disdainful look.
In a recent research note, J.P. Morgan gaming analyst Joe Greff said MGM Resorts International offers “fresh ideas” for stock investors exploring their options in the new year.
There are victory laps and then there are VICTORY LAPS.