Two Nevada-based entity wagering funds – which invest pooled money on legal sports wagers much like a stock or bond mutual fund – have settled complaints filed by the U.S. Securities and Exchange Commission for violations of federal securities laws.
Read More . . .With rising displeasure at added fees and charges, as well as more competition from casinos around the world, Las Vegas-based gaming operators need a new way to stay profitable. Some believe that sports betting is the solution.
Read More . . .More than $8.7 billion of regional casino industry mergers and buyouts are in various stages of completion. It might surprise some that both the Las Vegas Strip and the Las Vegas locals’ market aren’t factored into the current deal making.
Read More . . .In the list of things that have annoyed Las Vegas visitors, paying for parking is at the top, or close to it. Which might be why one of the biggest names on the Las Vegas Strip is backing off charging customers for parking—kind of.
Read More . . .D Casino owner Derek Stevens continues to upgrade the Las Vegas downtown area, and now apparently has plans to operate his own sportsbooks at two of his Fremont Street casinos instead of outsourcing sports betting operations to William Hill.
Read More . . .Las Vegas is seeing a record number of visitors - and they're getting younger and younger. They're not necessarily coming to gamble, however. The concerts, the clubs, the restaurants and the pool parties are the big draw.
Read More . . .The 49th edition of poker’s $10,000 buy-in world championship got under way Monday morning at the Rio, with the place positively buzzing.
Read More . . ."Fortnite" has more than 125 million participants worldwide, and the game’s developer, Epic Games, makes money off the free-to-play game via in-game purchases like player skins and dances.
Read More . . .Share6 One might believe Nevada’s governor would be hesitant to see other states legalize sports betting, especially since Nevada’s casinos took in a record $4.87 billion in sports wagers a year ago, a figure that has more than doubled since 2010.
Read More . . .The NCAA is opening a door for states with legalized sports gambling to host NCAA championship events and officials in Nevada are already set to get in the game as soon as they can.
Read More . . .They say permitting sports betting is good for everyone in the industry. Besides, they say, people come to Las Vegas for more than that.
Read More . . .Nevada for years was the only game in town if you wanted to place a bet on your favorite team. That all changed Monday when the U.S. Supreme Court struck down the 1992 law.
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