Mark Davis has been searching for a new home for several years, and the owner of the Oakland Raiders has said he’s ready to settle in Las Vegas. But exactly where the NFL team might secure real estate is the question no one can answer right now.
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Gambling analysts say DraftKings, the industry’s second largest company, has struggled to break into Great Britain’s well established sports betting industry since it launched to fanfare in February.
State gaming regulators gave approval Thursday to a proposal from long-time gaming veteran Vic Salerno that is expected to lead to the return of daily fantasy sports betting in Nevada as early as August.
A new financing plan that reduces public funding for a $1.4 billion domed stadium from $700 million to $550 million received a lackluster response Thursday from the Southern Nevada Tourism Infrastructure Committee and the project’s developers.
Businessman Bill Foley, who has led the bid for a Las Vegas team, said over the weekend he still plans to build the team’s headquarters and practice facility in Summerlin, but that he hasn’t finalized the site.
DraftKings and FanDuel are downplaying media reports this week that the two biggest daily fantasy sports companies could team up. But given their swift change of fortune this past year, industry watchers say the timing’s right for a deal.
Having the NHL poised to expand to Las Vegas sends a strong signal that gaming industry has gone mainstream, the president and CEO of the American Gaming Association said Wednesday, adding that the concerns about sports betting are “antiquated.”
American Gaming Association President and CEO Geoff Freeman praised the potential impact of an NHL franchise in Las Vegas after a report indicated that the league will expand to Las Vegas and give the city its first major league sports team.
While polls show the U.K.’s Brexit vote poised on a knife’s edge, bookies remain fairly confident the nation will stay in the European Union.
Gaming regulators on Wednesday gave initial approval to Las Vegas race and sports book pioneer Vic Salerno for a proposal that would allow bettors to make fantasy sports wagers using a platform similar to pari-mutuel wagering.