News
Trump Commutes Insider Trading Sentence for Billy Walters
President Trump on Tuesday evening, his last in office, commuted the insider trading sentence of noted Las Vegas gambler Billy Walters, who was convicted on insider trading charges almost four years ago. Billy Walters leaves a New York federal courthouse building in July 2017 after he was sentenced to five years in prison for a […]
read moreNevada Casino Workers 4th in ‘Essential’ Lane for COVID-19 Vaccine
Nevada hospitality workers are fourth on the “frontline/essential” priority list to get the COVID-19 vaccine. It is unclear when their turn might come, according to a published report. Dealers wearing masks at a craps table await players inside the D Las Vegas downtown on Fremont Street. Casino workers are on a priority list for receiving […]
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Dan Gilbert exits casino business with Jack Entertainment sales
It would seem that billionaire American businessman Dan Gilbert (pictured) has quietly exited the casino business after reportedly selling off his remaining stake in operator Jack Entertainment to members of the firm’s management team. According to a Monday report from the Cleveland Scene newspaper, Gilbert is worth an estimated $34 billion thanks to his Quicken […]
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New Mexico lawmakers considering live-dealer games legalization legislation
In the western American state of New Mexico and legislators have reportedly begun scrutinizing proposed legislation that could allow local commercial horseracing tracks to begin offering live games of craps, poker and blackjack alongside a full retinue of sportsbetting. According to a Monday report from the Las Cruces Sun-News newspaper, there are five horseracing venues […]
read moreMore Than COVID Keeping Mega Millions and Powerball Jackpots From Getting Bigger
On Wednesday, Powerball holds its 36th drawing since the multi-state lottery produced a jackpot winner. That four-month span, according to the Multi-State Lottery Association that operates the game, represents its longest dry spell ever. A car passes a Kentucky Lottery billboard promoting the jackpots for Mega Millions and Powerball on Interstate 65 in Louisville Monday […]
read moreSports Betting in Brazil to Launch Next Year Ahead of 2022 World Cup
Brazil legalized sports betting back in December of 2018. It will be more than three full years before the first legal wager is placed. Brazilians cherish no sport more than their national football team. And for the 2022 World Cup, Brazil is expected to have legal sports betting. (Image: AP) Waldir Eustáquio Marques Jr., an […]
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Positive earnings prediction for coming Grand Lisboa Palace
In Macau and local casino operator SJM Holdings Limited is reportedly expected to generate approximately $257 million in aggregated annual earnings next year from its coming Grand Lisboa Palace development. According to a report from Inside Asian Gaming, this forecast from American credit ratings behemoth Fitch Ratings Incorporated was included in an assessment that gave […]
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Grand Korea Leisure Company Limited extends casino closures to February 1
In South Korea and casino operator Grand Korea Leisure Company Limited has reportedly announced that it is to keep its three-strong chain of Seven Luck Casino-branded venues shuttered until February 1 owing to the ongoing coronavirus pandemic. According to a report from GGRAsia, the Seoul-headquartered firm’s foreigner-only casinos inside the Millennium Hilton Seoul, Intercontinental Seoul […]
read moreCaesars in Jeopardy of Losing License for Unfinished South Korea Integrated Resort
Caesars Entertainment is on the clock to complete its Midan City integrated resort project on Yeonjong Island in South Korea or risk losing its license. Incheon Airport in South Korea. Caesars is under pressure to move forward a project there or risk losing the license. (Image: YouTube) Construction on the $700 million Caesars Korea project […]
read morePact Bolsters California Racing Purses by $15M, Horse Owners Eye Sports Betting for More
California horse racing received a major boost last week after several key stakeholders reached an agreement on a purse enhancement program. Quick (left), ridden by Umberto Rispoli, holds off Hermaphrodite, ridden by Joel Rosario, in Sunday’s Grade III Astra Stakes at Santa Anita Park. The California track has increased purses for this meet thanks to […]
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