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William Hill opens Olympic wagering February 27, 2015 by Staff & Wire Reports

​The USA’s men’s basketball team and Jamaica’s Usain Bolt are favorites for gold medals on the lines listed for the first time Thursday as Nevada sports book wagers on the Olympics were approved by the Nevada Gaming Commission.

Gaughan looks forward to presidential wagering February 27, 2015 by Staff & Wire Reports

​Nevada sports books will be able to take wagers on action associated with this summer’s Olympics in Brazil but people such as South Point Casino owner Michael Gaughan are already thinking beyond the Olympics.

More questions than answers as Ind. casinos seek relief February 26, 2015 by Staff & Wire Reports

Indiana legislators are wondering what they can do to help the state’s 13 casinos compete against those in other states, but there is so far nothing that looks like a consensus.

Will Revel be East's version of Vegas' Fontainebleau? February 26, 2015 by Staff & Wire Reports

Will Atlantic City’s Revel become an East Coast version of Las Vegas’ Fontainebleau – a problem in search of an answer? Both are closed, have been for months, they are lingering reminders of recessionary pressures.

Macau casinos in midst of identity crisis February 25, 2015 by Staff & Wire Reports

Macau casinos are in the midst of an identity crisis as they strain to project the message that they are indeed world class centers of tourism and leisure and not merely places to gamble.

Internet gambling outlook dims in Washington February 25, 2015 by Staff & Wire Reports

Congress is not expected to take any action in support of either Internet gaming or expanded sports wagering this year. The more likely option is that something may develop in 2017 after the election is old news.

Sports betting still talking expansion February 24, 2015 by Phil Hevener

Gaming Insider | Nevada gamers have usually been quick to recognize the need for mid-course adjustments of one kind or another. Creative people tend to respond that way when they encounter challenges.

REIT could possibly help Vegas casinos February 24, 2015 by GT Staff

The Analyst | MGM has so far been able to manage most of its debt burden, and with the benefits it enjoys from its Macau investment and likely future benefits from its pending new projects.

In 2005, the NHL lockout didn't effect Vegas February 24, 2015 by Mark Mayer

Celebrating 40 Years | ​This week we go back 10 years to 2005. It’s interesting that with Las Vegas more than halfway to the goal of 10,000 potential season ticket holders for a hoped for future NHL franchise, the league experienced its lowest point back then: The lockout.

Atlantic City games need to be weary of scammers February 24, 2015 by Scott Schettler

Gaming Yesterday | The Borgata in Atlantic City announced last week they will sponsor a basketball free-throw shooting contest, for prize money no less. This event is the beginning of other skill-based “gambling” contests they plan to hold.

Golden Nugget on the move in Lake Charles February 23, 2015 by Phil Hevener

Tilman Fertitta’s Lake Charles Golden Nugget is looking like a value added addition to Louisiana’s 20 casinos, helping drive the statewide win in January to nearly $220 million, a 16.7 percent increase over the same year earlier period.

Prospects of gaming expansion in Ill. continue February 23, 2015 by Phil Hevener

The prospects of gaming expansion in Illinois are continuing to get what has become an annual review, but there is no visible sign this thinking will get a green light.

Gaming vs. marijuana debate heats up in Florida February 23, 2015 by Phil Hevener

The Poarch Creek Band of Indians say they deserve to have “a seat at the table” as hard-nosed negotiations continue in Florida between the various parties who want a role in shaping possible gaming expansion across the Sunshine State.

MGM Resorts takes its hotels to China February 23, 2015 by Phil Hevener

Macau’s high rolling baccarat players may be staying close to home on the mainland for the time being but MGM CEO Jim Murren said there is much more to MGM’s offerings in China than the chance to play baccarat.

Local Vegas casinos headed toward better times February 23, 2015 by Phil Hevener

Solid revenue growth across all segments of the business suggest the locals casino market has turned the corner toward better times, according to Station Casinos Chief Financial officer Marc Falcone.

Atlantic City's Borgata continues strong February 23, 2015 by Phil Hevener

Atlantic City’s Borgata continues to benefit from the closure last year of competing casinos. The property is co-owned by Las Vegas-based MGM Resorts and Boyd Gaming, but is operated by Boyd.

MGM Resorts to conduct job fair February 23, 2015 by Staff & Wire Reports

​MGM Resorts will host a job fair Wednesday, Feb. 25 from 10 a.m. to 7 p.m. at the Mandalay Bay Events Center. The company is looking to hire more than 500 permanent positions at 12 of the company’s Strip-area resorts. 

Mississippi reports continued gaming wins February 23, 2015 by Staff & Wire Reports

In January Mississippi Gulf Coast gambling halls continued gains of recent months. State Department of Revenue figures show casinos statewide won $165 million from gamblers in January, up 3.4 percent from $159 million in January 2014.

Judge sides with Trumps in casino name litigation February 23, 2015 by Staff & Wire Reports

A bankruptcy court judge sided with Donald and Ivanka Trump on Friday, ruling that they can move forward with a lawsuit seeking to strip the Trump name from Atlantic City’s Taj Mahal casino.

Pokagon Band adds over $88M in economic contributions February 23, 2015 by Staff & Wire Reports

​The Pokagon Band of Potawatomi Indians have announced over $88 million in additional contributions to the “Michiana” (Michigan-Indiana) economy in 2014 and approximately $167 million in economic contributions over the past three years.

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Casino Industry

Sports betting still talking expansionSPORTS WAGERING

Sports betting still talking expansion

Consumer confidence or the lack of it and the shifting nature of economic landscapes signals a need for adjustments. Let’s focus on Nevada for a couple minutes. Casino regulators and the lawmakers now in session in Carson City have opportunities to weigh in on these issues as they consider expansion of sports and race wagering menus.

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