While LA used to be the city that teams would threaten to make their new home, Southern Nevada now has become leverage city.
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The LVCVA officially forecasts 170,750 attendees for the 2018 NFR, but that just covers the full house at the Thomas Mack for 10 performances. The conservative economic impact estimate is $113 million.
Operators of the 1,000-room Plaza in Las Vegas made a bid to reclaim downtown’s western heritage Tuesday by officially opening Core Arena, downtown’s first permanent outdoor equestrian center.
At a sports betting conference Tuesday in New York, state representatives from Minnesota, New York and Ohio discussed their states’ interest in such bets. They’re also interested in making sure players are protected, taxes are adequate but not punitive and that mobile gambling is widely accessible.
The deal opens the door for MGM to sign partnerships with multiple baseball teams as well as advertise during the All-Star Game and World Series, which are watched by tens of millions of people.
CGT will pay a fine of $1.75 million to the state and $250,000 to the Nevada Council on Problem Gambling within two months.
With the Caesars deal in place, it’s getting closer to the time for clarity about gambling at the stadium, which currently wouldn’t be allowed.
Caesars Entertainment Corp., the operator of Caesars Palace and eight other Las Vegas casino properties, has signed a 15-year agreement to be a founding partner of the $1.8 billion Las Vegas stadium.
The New York Jets and MGM Resorts International have agreed on a multiyear deal that is the first of its kind in the NFL.
The gaming giant announced Tuesday morning the partnership with Harris Blitzer Sports Entertainment, whose portfolio includes the NBA and NHL team as well as the Prudential Center. Financial details of the deal were not disclosed.