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Sportsbook Operators Pared TV Advertising for First Time in 2023
Soon after the Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA) in 2018, sportsbook television commercials became commonplace. So much so that sports fans and regulators in some...
Macau Casinos Win $2.3B in April, 26 Percent Increase on 2023
Macau casinos reported gross gaming revenue (GGR) of MOP18.55 billion (US$2.3 billion) in April 2024, a 26% year-over-year increase. The Chinese gaming enclave's six casino operators -- Sands, Galaxy, MGM, Wynn, SJM,...
Resorts World Casino Reportedly Linked to Cash Stolen from Dodgers’ Shohei Ohtani
Money swiped from Los Angeles Dodgers superstar Shohei Ohtani eventually made its way to Resorts World Las Vegas casino and a tribal gaming property in California, according to ESPN. The cash was...
Caesars Q1 Results Miss Estimates as Regional Casinos, Sports Betting Lag
Shares of Caesars Entertainment (NASDAQ: CZR) slumped during Tuesday’s after-hours session, extending declines following a 4.7% drop during normal trading hours after the casino operator posted first-quarter results that badly missed Wall...
Cracks Emerging on Las Vegas Strip Says Analyst
Las Vegas Strip casino hotels have experienced a torrid pace of recovery following the darkest days of the coronavirus pandemic, but there are signs lethargy is setting in. In a note to...
North Carolina Gov. Roy Cooper Supports Tax Deductions for Gambling Losses
North Carolina Gov. Roy Cooper (D) supports amending the state's tax code to permit itemized filers to deduct certain losses from gambling. Cooper on Friday shared a report from North Carolina State...
New Casino Resort and Arena Proposed for Site of Vegas Strip’s Failed All Net Project
The Las Vegas Strip site of the failed All Net Arena project just may become a resort and basketball arena after all. LVXP, a new consortium of Las Vegas real estate developers...
Washington State Casino Reopens Weeks After Apparent Cyber Attack
Washington State’s Swinomish Casino and Lodge has reopened its doors following an approximately three-week closure due to a “cybersecurity incident.” The Anacortes, Wash. gaming property shut down the casino floor and its...
Nevada Regulators Join Las Vegas Money Laundering Probe as Net Widens
The Nevada Gaming Control Board (NGCB) has joined a sprawling investigation into the possible laundering of proceeds from illegal bookmaking at Las Vegas casinos, the Nevada Current reports. The gaming regulator is...
Nevada Casino Win Slows For First Time in Eight Months, State’s $1B Streak Remains Intact
Nevada casinos won $1.29 billion last month, a 1.65% decline from March 2023 and the first year-over-year monthly decline for the Silver State gaming industry in eight months. The Nevada Gaming Control...