DraftKings is walking away from its $22 billion push to buy Entain PLC, the UK sports betting company that is partnered with MGM Resorts International in the online sports betting venture BetMGM.
Colton Lochhead covers Las Vegas gaming and tourism. He previously reported on politics for the Review-Journal, where he started as an intern covering crime and breaking news in 2012. Raised in Las Vegas, the life-long desert rat graduated from Bonanza High School before earning his journalism degree from the University of Nevada, Las Vegas.
The Drone Racing League will bring its high-speed professional drone racing circuit to Las Vegas with the DRL Vegas Championship Race, which will be held on the opening night of CES on Jan. 5.
The return of the massive EDC festival is the latest sign that the major events that had been one of the missing pieces of the region’s economic recovery are finally making their comeback.
Entain said in a statement Tuesday that the company’s board has been in discussions with DraftKings to explore the “merits and feasibility” of a potential deal and set a Nov. 16 “Put Up or Shut Up,” deadline for the proposal.
MGM CEO Bill Hornbuckle said Monday that just 90 out of more than 6,000 workers affected by the company’s mandatory vaccine policy left the company rather than get the COVID-19 vaccine.
Southern Nevada tourism officials say the formal date announcement by the Biden adminstration means airlines can finally make plans for the return of international flights.
MGM Resorts International and Westgate implemented new policies in recent months that require some employees to be vaccinated. Both policies took effect Friday.
Station Casinos has asked a federal appeals court to overturn a National Labor Relations Board order forcing the company to bargain in good faith with the Culinary Union.
“Life is not back to full time wine and roses, but we’re certainly heading in a good direction,” said Marcus Prater, executive director of Las Vegas-based Association of Gaming Equipment Manufacturers.
The latest and greatest offerings in slot machines were on full display this week as gaming manufacturers gathered in Las Vegas for the industry’s largest trade show.
The sports betting world is in midst of another flurry of billion dollar-plus consolidation moves that are shaking up the industry, a trend that isn’t expected to slow down anytime soon.
DraftKings is planning to open in new office in Las Vegas that includes its own casino pit, a high-tech putting green and more.
UNLV Incubator is envisioned as a place “where ideas will be incubated into companies of the future,” said hub director and UNLV professor Robert Rippee said Wednesday of the space in the Hughes Center.