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Las Vegas Casinos Hope CES Sparks Economic Boom
The return of the CES trade show to Las Vegas early next year gives casino officials hope that the Southern Nevada economy is recovering. The four-day CES show is set to begin...
Nevada Casinos, Hotels See About Half of Workers Get COVID-19 Shot So Far
Nevada casino-hotels are making progress in getting workforces vaccinated against COVID-19.? But more effort is needed, with just under 50 percent of sector employees getting the shot, according to one estimate cited...
DraftKings Stock Sagging, But Guggenheim Sees Upside Coming
DraftKings (NASDAQ:DKNG) stock is mired in a slump. But that's not preventing some analysts from sticking with or starting new bullish outlooks on the name. Guggenheim analyst Curry Baker initiated coverage of...
Japan Reportedly Mulling Sports Betting Expansion by 2024, Could Be $65B Market
Japanese policymakers are rumored to be holding internal talks about expanding the country's regulated sports betting offerings to include the popular baseball and soccer leagues -- a move that, if made, could...
Las Vegas Airport Travel, Casino Wins Climb Higher in March
After a year of declining passenger totals, McCarran International Airport in March saw its numbers begin to get off the ground. Casino revenue in Las Vegas and across the state also was...
Biden Capital Gains Tax Plan Could Crimp Caesars, Pinch Penn National Investors
President Biden recently proposed the largest US tax increase in three decades. If that plan becomes law, it could affect an array of stocks, including Caesars Entertainment (NASDAQ:CZR) and Penn National Gaming...
Entain Ups Tabcorp Takeover Offer to $2.7B, Eyes Dominant Australia Perch
Entain Plc (OTC:GMVHY) is making another run at Tabcorp's betting and media businesses, raising its acquisition bid to $2.7 billion from $2.28 billion. Both companies confirm the revised proposal. The new offer...
Caesars Entertainment Donates Las Vegas Parking Fees to Charities
Caesars Entertainment says some of the money generated from its much-despised parking fees at its Las Vegas casino resorts will be used for good. The casino group announced yesterday that it's contributing...
Betway Parent Reveals $4.75B Merger with SPAC Where NFL Commissioner’s Brother Is Director
Super Group, the parent company of global online sports betting operator Betway, is merging with special purpose acquisition company (SPAC) Sports Entertainment Acquisition Corp. (NYSE:SEAH). It's a transaction with a pre-equity valuation...
Las Vegas Casino-Hotel Event Planner Arrested for Alleged Child Porn
A man identified in news reports as a convention and event planner at a Las Vegas casino-hotel was arrested recently on child porn charges. The arrest followed a lengthy inquiry by Las...