A group with ties to two other Kansas casinos has been selected by a state board to build and manage a new one in the state’s southeast corner. A majority of board members decided on the $70 million Kansas Crossing proposal.
The Analyst | With the passage of the entity wagering law, Nevada has made it legal for people to put money in a sports and/or race betting pool and see their betting dollars professionally managed, almost like a mutual fund.
Gaming Yesterday | Entity Betting is envisioned to operate like a mutual fund. It’s perceived as legal as long as the person placing the wager is in Nevada and the out of state investors have no say in selecting the games to get down on.
Huge crowds and high rollers in Las Vegas for the Floyd Mayweather-Manny Pacquiao fight helped Nevada casinos make more than $1 billion off gamblers in May. It was the first time casinos have hit that total in more than a year.
The 2016 presidential election is nearly 17 months away but with more than a dozen candidates looking for attention, the American Gaming Association has sent out letters urging candidates to get familiar with the casino industry and its issues.
The owners of the former Trump Plaza hotel and casino on the Atlantic City Boardwalk do not want the building used as a casino for at least a decade, according to a deed restriction that still needs the approval of a bankruptcy court judge.
MGM’s request for a one-year delay in the scheduled opening of its Springfield, Mass., resort is good news for the two Connecticut tribes that are hoping for a jointly operated casino near the border separating the two states.
Does the gangster known as “Broken Tooth” have information that the leaders of Macau’s gaming companies would love to know about? Wan Kuok-koi – that’s Broken Tooth – is acting like a man who knows there is good money to be made...
Las Vegas Strip casino operators provided an eye-catching lesson to resorts elsewhere during May. Special events drive a lot of casino action. Slot revenue on the Strip and table game action excluding baccarat enjoyed double digit increases during May.
Gaming Insider | The betting is that private entity sports wagering may very quickly live up to its early promise as a driver of increased betting activity. That’s speculation since a lot has to happen before the first “entity” walks through the door.
The betting, so to speak, is that private entity sports wagering may very quickly live up to its early promise as a driver of increased betting activity. That’s speculation of course since a lot has to happen before the first “entity” walks through the door money in hand and regulators give it a green light.