Industry Headlines

By Rachel Bennett

Will Miriam Adelson Lead LVS or Will She Dispose Her Shares?

January 20, 2021

Las Vegas Sands (LVS) Corp, the biggest casino operator in the world has had only one chairman and leader since its establishment – the late Sheldon Adelson. The 87 year old casino magnate passed away on Jan 11, 2021 and his long-time associate Robert Goldstein took up the interim position. LVS share prices have fallen […]

By Sadonna Price

Palazzo & Venetian Casinos Sale Gets Interest From MGM and Hard Rock

January 12, 2021

Las Vegas Sands Corp. shocked the casino market in late 2020 when they announced that they were looking to sell their Las Vegas casinos. Sands Corp. is the biggest gambling operator in the world and owner of some of the most iconic casinos in America, including the Palazzo and Venetian Casinos. When news broke in […]

By Sadonna Price

State Of Hawaii Contemplates Allowing Casino Resort On Oahu

December 22, 2020

A number of states in America that have been dead against the legalization of sports betting and gambling are now being forced to rethink that stance. Texas which is one of the conservative states in America is looking at legalizing casinos. Experts are saying that there will be a lot of movement towards legal gambling […]

By Malik Freeman

Casinos In Texas Could Guard Oil & Gas Industry Volatility Say Lobbyists

December 11, 2020

When Sheldon Adelson does something, he gives it his all and throws all of his resources behind it. The 87 year old casino tycoon has set his sights on getting gambling legalized in Texas and he has put together an impressive team of lobbyists which include Andy Abboud who is the Senior VP for Government […]

By Sadonna Price

Tilman Fertitta Could Take Casino Business Public To Raise Funds

December 2, 2020

Tilman Fertitta is estimated to have a net worth of over $4.2 billion but his financial empire has been shaken in 2020 due to COVID-19. The Texas billionaire owns a number of popular brands including popular NBA franchise the Houston Rockets, the Golden Nugget casino chain and Landry’s which is the parent company to a […]

By Sadonna Price

Nevada Gaming Regulators Lawsuit Against Steve Wynn Dismissed By Judge

November 23, 2020

The Nevada Gaming Control Board (NGCB) was pursuing a lawsuit against former chairman and CEO of Wynn Resorts, Steve Wynn. The lawsuit stated that Wynn was not suitable to hold a Nevada Gaming license after a massive scandal broke out in 2018 alleging sexual misconduct by Steve Wynn. When news of the scandal broke, gaming […]

By Sadonna Price

Cordish Group Launches First Mini Live! Casino Pittsburgh

November 20, 2020

The Cordish Group of Companies has completed a soft launch of its Live! Casino Pittsburgh on Nov 17 and has plans to proceed with an official opening ceremony on November 24. This is the first mini casino to be launched in the Keystone state. Cordish also has plans to open a second mini casino at […]

By Sadonna Price

BetMGM Strengthens NJ Offerings With New Partnerships

November 11, 2020

BetMGM which is the online betting arm of the JV between MGM Resorts International and GVC Holdings has boosted its New Jersey gaming offerings by partnering with a number of gaming developers. BetMGM announced in September that it had entered into an agreement with Playtech to offer its impressive online gaming portfolio. In doing so, […]

By Mihajlo Ivanovic

Caesars Announces Plans To Reopen Rio Casino Before December 2020

November 9, 2020

Caesars owned Rio All-Suite Hotel and Casino in Las Vegas has announced that it will restart operations most likely in December 2020. The Rio casino which is best known for hosting the World Series of Poker (WSOP) had to temporarily shut down in March due to the COVID-19 pandemic. The announcement was made during the […]

By Sadonna Price

November Referendum Could Allow Four Cities In Virginia To Develop Casinos

October 28, 2020

The November election is just a few days away and casino operators are anxious to see how Virginia votes on a local ballot that looks to grant four cities in the state approval to build develop casinos. If Virginians vote yes, then Portsmouth, Bristol, Norfolk and Danville will have the right to approve or disapprove […]