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Industry
April 10, 2025
Nevada Bill Seeking to Seize Illegal Gambling Proceeds Passes Senate
Lawmakers in Nevada have advanced a new bill that would reinforce the state’s regulations against unlicensed gambling. Per the proposed measure, authorities will be able to request illegal operators to relinquish their profits to the state. Nevada Seeks to Make Illegal Gambling Unsustainable Senate Bill 256, which was sponsored by Senator Rochelle Nguyen, proposes a […]
Industry
April 10, 2025
Nevada Considers Limiting Under-21 Cigarette Sales to Casinos
Nevada lawmakers are considering a bold move to restrict cigarette smoking among young adults. However, the newest proposed legislation has an added twist that has been raising eyebrows. Casinos would be exempted from this measure, indirectly incentivizing young people to visit such establishments. Such a measure could potentially lead to rising gambling harm rates and […]
Industry
April 10, 2025
Hudson Yards West Project Advances with Important Approval
Wynn Resorts and Related Companies’ bid for a hotel and casino resort in New York picked up significant speed after important approval. Earlier this week, Hudson Yards West, the project proposed by the two companies, received approval from the City Planning Commission (CPC), marking an important step in the ongoing process. The Development Is Expected […]
Business
April 10, 2025
Fertitta Doubles Down on Wynn Stake Amid New Trump Tariffs
In a move that now looks timed to perfection, billionaire Tilman Fertitta has quietly doubled down on his investment in Wynn Resorts (NASDAQ: WYNN), strengthening his position as the largest individual shareholder of the company. Ferttita Now Owns 13% of Wynn Resorts According to recent filings with the Securities and Exchange Commission (SEC), Fertitta, who […]
Industry
April 10, 2025
Bidder Loses Right to Cash in $60K in Chips from Closed NJ Casino
An appellate court in New Jersey denied close to $60,000 in poker chips to a man who thought he had struck gold when he purchased some old casino chips at an online auction. The attempt to redeem the chips from the long-shuttered Playboy Hotel and Casino was initiated in January 2023 and hit a brick […]
Business
April 10, 2025
Room Tax Revenue Expected to Decrease in Las Vegas
Amid the recently imposed tariffs by the United States that have the potential to spill into a global trade war, tourism across the country may be impacted. In particular, the recent tariffs imposed on Canada and Mexico, are raising concerns for the tourism industry in Las Vegas. Tariffs May Impact US GDP and Tourism The […]
Industry
April 10, 2025
Hawaii Gets Closer to Making Online Sports Betting and Fantasy Sports Legal
Hawaii looks set to join the list of US states that allow legal sports betting. On April 8, the state Senate voted 15-10 to approve House Bill 1308, a law that would give the go-ahead to online sports betting and daily fantasy sports contests. The bill led by Representative Daniel Holt now goes back to […]
Legal
April 10, 2025
FanDuel Founder Asks Court to Stop Arbitration in Ongoing Legal Fight
Nigel Eccles, who started FanDuel and used to run it, wants a New York court to stop his old company from making him go to arbitration. This is the latest part of a legal battle that has been going on for years about selling the sports betting company in 2018. Eccles Accuses FanDuel of Dodging […]
Industry
April 10, 2025
New North Carolina Bill Aims to Ban College Sports Prop Bets
More than a year ago, early in March 2024, North Carolina introduced online sports betting. To participate in the activity, a bettor needs to be 21 years of age or older. While North Carolina permits wagering on college sports, including college prop bets, betting on youth sports is prohibited. Now, a new proposal seeks to […]
Business
April 9, 2025
Sphere Entertainment Could Move to Nevada as More Businesses Flee Delaware
Sphere Entertainment Co., the business behind the dazzling Las Vegas Sphere entertainment venue, is considering reincorporating from Delaware to Nevada. This move should help cut costs, bolster operational efficiencies, and avoid Delaware’s increasingly hostile litigation environment. Sphere Entertainment is not the first company to respond to this shifting corporate climate as more businesses seek favorable […]
