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Five plead guilty in Detroit casino case

Industry
Vegas setup to finally get major sports franchise May 24, 2016 by Phil Hevener

Gaming Insider | Las Vegas remains the largest U.S. metropolitan area without a major league sports team but that appears headed for change. The possibility that Oakland Raiders' owner Mark Davis will actually pull the trigger on a plan continues to get lots of attention.

Changes to Vegas keep on coming after 40 years May 24, 2016 by Scott Schettler

Gaming Yesterday | Happy Anniversary, Eileen, on 40 years with GamingToday. Like me you’re a lifer.

Online gaming, DFS and RAWA hot topics at NGPC May 24, 2016 by The Analyst

The Analyst | During the recent Nevada Gaming Policy Committee meeting, the meeting was dominated by testimony and discussions about eSports with nary a word about fantasy sports.

Sportsbooks would benefit Macau casinos May 23, 2016 by Phil Hevener

Macau casinos would benefit from the presence of sports betting lounges. That’s the view of FootballBet.com CEO David Leppo who made a presentation at last week’s G2E Asia conference and trade show in Macau.

Five plead guilty in Detroit casino case May 23, 2016 by Phil Hevener

Officials say five of seven people accused in a cheating conspiracy at a Detroit casino have plead guilty. The case involved hundreds of dollars of individual payouts to players on lost bets during games of Texas hold’em at MotorCity Casino.

UK bookmakers Ladbrokes, Coral prepare to merge May 23, 2016 by Phil Hevener

​Two of Britain’s biggest bookmakers Ladbrokes and Coral are preparing to combine. The companies may have to sell 350 to 400 betting shops to get approval for a merger.

MGM Resorts looks elsewhere for energy May 23, 2016 by Phil Hevener

MGM Resorts plans to leave Nevada Energy as a customer by early October and buy power for its various properties on the wholesale market. MGM is 4.86 percent of Nevada Power’s annual energy sales.

Owner to make Trump's Taj Mahal casino great again May 23, 2016 by Staff & Wire Reports

The name still reads “Trump,” but Carl Icahn wants to make the Taj Mahal casino great again. He isn’t sure whether he’ll spend the $100 million he promised, but there are certain things the new owner is doing right away to make the casino a place of his own.

American Gaming Association adds new members May 20, 2016 by Phil Hevener

The casino industry’s Washington, D.C.-based trade group has added eight new members, including companies from Las Vegas. The American Gaming Association said three of the additions are board members and five are general members.

NGCB hits CG Technology with 6-count complaint May 19, 2016 by Staff & Wire Reports

Nevada gaming regulators have accused CG Technology (CGT) of a series of violations, including underpaying winners, accepting bets after a match and knowingly withholding information even after authorities warned them.

Caesars Entertainment Corp. boosts offer to creditors May 19, 2016 by Phil Hevener

​Caesars Entertainment Corp. is offering dissident creditors a package worth about $4 billion to get its operating unit out of bankruptcy. The latest offer was spelled out in an updated reorganization plan.

Pennsylvania considers online gaming May 19, 2016 by Phil Hevener

​A bill that would legalize and regulate online gambling in Pennsylvania has been approved by the House Gaming Oversight Committee. Pennsylvania would join Nevada, Delaware and New Jersey as the only states where online gambling is permitted.

TI launches subscription poker platform May 19, 2016 by Phil Hevener

Treasure Island Hotel & Casino will launch its own subscription poker platform, offering the opportunity to play poker remotely for Treasure Island-based prizes and cash rewards.

Illinois panel approves daily fantasy sports regs May 19, 2016 by Phil Hevener

An Illinois Senate panel has approved regulations for daily fantasy sports websites to address concerns stemming from a state opinion that said such wagers are illegal under current law.

Nevada regulators set to fine Las Vegas Sands $2 million May 19, 2016 by Staff & Wire Reports

Nevada state regulators are expected to approve a $2M fine against Las Vegas Sands Corp. to settle a complaint that the casino company didn’t properly account for millions of dollars paid to a Chinese consultant and received from a high roller.

Company that runs Hoosier Lottery expects to meet goals May 18, 2016 by Staff & Wire Reports

The private management company operating the Hoosier Lottery says it expects to sell enough tickets to avoid a penalty for a third straight year but not enough to receive an incentive bonus.

Las Vegas slips behind for hosting trade shows May 18, 2016 by Staff & Wire Reports

Las Vegas has long prided itself as the top convention destination in the country, checking in at No. 1 on Trade Show Week’s rankings every year for the past 22 years. But Las Vegas has fallen to No. 3 behind Orlando and Chicago for hosting shows.

Plainridge Park Casino revenue dips May 18, 2016 by Phil Hevener

Penn National’s Plainridge Park Casino took in $13.3 million in gross slots revenue in April, a slight decline from the $13.5 million won in March.

Table game revenue surges in Pennsylvania May 18, 2016 by Phil Hevener

Table games at Pennsylvania’s 12 casinos won $72.2 million during April, a nearly 12 percent increase over the same month last year. It’s the 22nd consecutive monthly increase at the tables for casinos statewide.

A question of profits on eSports, fantasy May 17, 2016 by Phil Hevener

Gaming Insider | The world of eSports appears headed toward Nevada sportsbooks. It’s just a matter of time as casino operators and regulators identify the challenges and opportunities that require careful early attention.

Best Bites by Marco D'Angelo

Casino Industry

NFL Oakland Raiders possible headed to Las Vegas NevadaNFL TEAM IN LAS VEGAS

Vegas setup to finally get major sports franchise

Las Vegas remains the largest U.S. metropolitan area without a major league sports team but that lonely state of being appears headed for change. The scent of change is in the air as pro sports leagues and the big thinkers behind major events of all kinds peer toward Las Vegas with new respect. It all translates as opportunity.

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