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Red Rock IPO means jackpot for Fertitta brothers

Pinnacle Ent. completes sale to GLPI April 29, 2016 by Phil Hevener

Gaming and Leisure Properties, Inc. and Pinnacle Entertainment, Inc. have successfully completed the previously announced transactions in which GLPI acquired substantially all of Pinnacle’s real estate assets. 

Raiders pledge $500 million to stadium plan April 29, 2016 by Phil Hevener

The possibility of the Oakland Raiders moving to Las Vegas inched a bit closer to reality when owner Mark Davis not only pledged to move the Raiders to the city, but put $500 million into the proposed $1.4 billion domed stadium.

Harrah's Atlantic City conference center fills void April 28, 2016 by Phil Hevener

Since its opening six months ago, the Harrah’s Atlantic City Waterfront Conference Center has nearly doubled its booked meetings and conventions through 2019 and expects to bring nearly 300,000 conference attendees to Atlantic City. 

McCarran International Airport travel totals increase April 28, 2016 by Phil Hevener

More than four million people traveled through McCarran International Airport during March, a 5.5 percent increase over March a year ago. It was the airport’s best March total in eight years. 

Clark County's March gaming win declines April 28, 2016 by Phil Hevener

​Clark County’s gaming win fell 3.59 percent to $796.69 million during March during the same period a year ago. But the rest of the state did not do any better as the statewide win for March was also 3.04 percent lower at $922.27 million.

Tribes say letter shows new casino won't hurt slots deal April 27, 2016 by Staff & Wire Reports

Leaders of Connecticut’s two federally recognized Indian tribes have received preliminary assurances from federal officials that gambling agreements with the state would not be jeopardized by the proposed third casino they hope to open.

State reaps less gambling taxes with two casinos April 27, 2016 by Staff & Wire Reports

Massachusetts will collect less gambling tax revenues if two casinos rather than one are allowed to open in its southeastern corner near Rhode Island.

Partnership points toward eSports league April 27, 2016 by Phil Hevener

The Twenty-Nine Palms Band of Mission Indians has approved a strategic partnership with the Canadian League of Gamers’ “Northern Arena,” the largest professional eSports League in Canada.

Boyd credits strengthening Las Vegas economy April 27, 2016 by Phil Hevener

A strengthening southern Nevada economy got the credit from Boyd Gaming Tuesday as the company explained the recent burst of activity that has seen it commit to the purchase of the Aliante and two Las Vegas properties of Cannery Resorts.

Could we have Vegas eSportsbooks? April 26, 2016 by Phil Hevener

Gaming Insider | Does eSports have a future in Las Vegas sportsbooks? The answer: a definite maybe but probably not in the next few years with one possible exception.

Graboyes betting on video game slot machines April 26, 2016 by Dave Dye

Dye-ing to Know | The idea came to Blaine Graboyes in late 2013. In retrospect, it seems so obvious.Why didn’t I think of it?

Normandie could wind up Flynt's last piece April 26, 2016 by Robert Turner

Beyond the Numbers | The Normandie Casino has been rumored to be an acquisition of Larry Flynt’s Hustler Casino. If this happens, the Gardena poker legacy will be gone, and all that will be left is one corporation controlling the remaining two.

Judge denies Asher appeal; Next battle: Damages April 26, 2016 by The Analyst

The Analyst | Joe Asher, who currently heads the operations of bookmaker William Hill here in Nevada, has been in a very protracted legal battle with his former partners and employers at Cantor Gaming and their affiliated companies, collectively called Cantor.

Stupak's world was different from most April 26, 2016 by Phil Hevener

Gaming Insider | Casino owner Bob Stupak was not always inclined to let the facts get in the way of an interesting story. I made that discovery over lunch with the late casino owner at his Vegas World Casino on a day in the early 1990s.

Red Rock IPO means jackpot for Fertitta brothers April 25, 2016 by Phil Hevener

Brothers Frank and Lorenzo Fertitta appear to be holding winning hands as their Red Rock Resorts prepares for its upcoming initial public offering this week. Frank and Lorenzo are chief executive officer and director, respectively, of Las Vegas-based Red Rock.

Stevens brothers plan Fremont Street expansion April 25, 2016 by Phil Hevener

The owners of two downtown Las Vegas casinos are anxious to add to their presence on Fremont Street and have purchased another property that will become a new hotel and casino.

Connecticut casino plan runs out of time April 25, 2016 by Phil Hevener

Connecticut lawmakers are unlikely to act this year on a proposal to create a third casino jointly operated by the Mohegans and Mashantucket Pequot tribes.

Trump's Indiana casino draws new attention April 25, 2016 by Phil Hevener

Donald Trump’s ownership of a Gary, Indiana casino more than 10 years ago is getting renewed attention. Trump was awarded one of two state licenses to build Lake Michigan casinos in the early 1990s. The Trump Casino later filed for bankruptcy.

Boyd Gaming to acquire Cannery Casino Resorts April 25, 2016 by Staff & Wire Reports

Boyd Gaming Corporation (BYD) today announced that it has entered into a definitive agreement to acquire the Las Vegas assets of Cannery Casino Resorts, LLC, for total cash consideration of $230 million.

Macau visitor volume increases April 25, 2016 by Phil Hevener

High roller activity has decreased but the volume of visitor arrivals to Macau during March increased by 4.2 percent compared to a year ago to nearly 2.37 million. The number of overnight visitors in March rose by 14.1 percent to approximately 1.17 million.

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Will sports books start online video game competitions?ONLINE GAMERS IN SPORTS BOOKS

Does eSports have a future in Las Vegas sportsbooks? 

The answer: a definite maybe but probably not in the next few years with one possible exception, according to my informal survey of sportsbook officials who made it clear they were not necessarily speaking for top officials.


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