As evidenced by the announcement by MGM Resorts that it was letting go of 18,000 employees, there won’t be a quick recovery from the damage done by COVID-19 on the gambling industry. In particular, Las Vegas is going to have a hard time returning to normal since it has, for decades, relied heavily on gaming as its primary source of funds.
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ESPN said Monday it will begin broadcasting from its new studio at the Linq resort starting Sept. 8, with its Daily Wager program. The network will begin airing produced segments for SportsCenter and its digital platforms from the new studio that overlooks the Strip.
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The first large-scale Las Vegas production show to permanently close due to the coronavirus pandemic is one of the most acclaimed performances to ever hit the Strip. Wynn Las Vegas confirmed “Le Rêve” has shuttered for good after more than 6,000 shows over the last 15 years.
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Nevada sportsbooks proved that the house doesn’t always win, taking a monthly loss in June for the first time since 2013.
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American Gaming Association (AGA) President and CEO Bill Miller has issued a statement on bipartisan legislation introduced late last week by Republicans Dina Titus and Guy Reschenthaler to repeal the federal excise and head taxes.
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The announcement of this strategic partnership comes one week after Mohegan Gaming & Entertainment (MGE) unveiled the name and logo for its first Las Vegas destination. The Sportsbook will be part of Mohegan Sun Casino Las Vegas’ 60,000-square foot premium gaming venue, located within Virgin Hotels Las Vegas, part of the Curio Collection by Hilton™.
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As quickly as the doors were opened, new cases began to be seen once again, raising concerns over whether or not Nevada had relaunched its commercial operations too quickly. In order to keep things from shutting down once again, casinos have apparently been trying to keep quiet on any spike of new COVID-19 cases, putting the lives of employees and gamblers at risk in return for a few extra bucks in their pockets.
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Circa claims they will have the world's largest sportsbook, but can it compete with online sports betting?
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After MGM suffered a huge loss on past-posted bets, Hartley takes a stand against this type of cheating.
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With an earlier than slated opening date for his Circa Resort & Casino, Las Vegas CEO and developer Derek Stevens is clearly enthused about what the venue will bring to Downtown Las Vegas and unveiling what will be the world’s largest sportsbook.
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On Sunday, a bettor at the Bellagio in Las Vegas cashed a 10-leg parlay on Korean and Chinese baseball games, winning $137.107.38 off a $250 bet. By Tuesday, it was apparent that the big winner was just the biggest beneficiary of a flaw in how BetMGM had listed Asian baseball games that night.
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The entertainment group is working to "restructure its capital structure," according to a statement. Its application will be heard by the Superior Court of Quebec on Tuesday. Once given this initial order, it will file for Chapter 15 bankruptcy protection in the U.S.
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