Las Vegas Sands Gives Up on B2B Online Gambling Ambitions, Shutters Division
It has barely been 18 months since Las Vegas Sands (LVS) belatedly waded into the iGaming waters. Already, it appears to have found those waters frosty and is scrambling back to terra firma. In the process, it may be casting its online gaming investment division adrift. At least, that was the word last week from the […]
Powerball Draw Delayed as Massive Ticket Sales Cause Logistical Disruption
The awkwardly long drumroll is a classic stage gag. The spotlight goes on, the drumroll begins, and the moment the audience has been waiting for… doesn’t happen. That’s essentially what happened – or rather, didn’t happen – with last night’s record-setting Powerball jackpot draw. Powerball draws normally take place Monday, Wednesday and Saturday nights at 11 p.m. […]
UNLV Experts Predict California Voters Will See Sports Betting on the 2024 Ballot
California voters will likely see sports betting legalization on the ballot again in 2024. That deja vu will happen if voters defeat Propositions 26 and 27 tomorrow, as pollsters and experts from the University of Nevada, Las Vegas (UNLV) International Center for Gaming Regulation (ICGR) believe they will. On Friday, ICGR Marketing Manager Claire Krawsczyn […]
Parx Shippensburg to Open in Early 2023 Following Supply-Chain Issues
Pennsylvania gamblers in the Shippensburg area have more waiting to do before they get their local retail gaming location. Parx is in the midst of a $65 million project to transform what used to be a Lowe’s Home Supply store into a mini-casino. However, it has just pushed back its expected opening date for a […]
New Class Action Lawsuit Filed Over Skillz SPAC
Last week, lawyers representing Darcy Lien and other Skillz investors filed a lawsuit against Eagle Equity Partners II, LLC. The suit, filed in the Delaware Court of Chancery, also names several individuals involved with the company as defendants. These include the former CEO of MGM Studios and the former president of CBS Entertainment. The litigation involves the path Skillz […]
$1.9 Billion Powerball Jackpot Breaks the Internet – Searches Up 5,000%
Even with an extra hour of sleep, Americans seemed to prefer checking on the $1.9 billion Powerball jackpot rather than immediately logging into work on this Monday morning. The drawing of the largest national lottery prize is scheduled for 10:59 p.m. EST today, and it seems to be breaking the internet. This morning, the Powerball […]
‘I Should Have Won By Now!’ – The Mathematics of Losing Streaks
A roulette player is down to his last few chips. He’s missed his lucky number at least 36 times in a row. Surely Lady Luck owes him one by now. All those chips go on 17. Yet the ball lands on 35, for the third time in the last ten spins. Now broke, the player […]
Fertitta’s Vegas Strip Aspirations Now Include a Stake in Wynn Resorts
One could be forgiven for thinking that the age of the celebrity casino impresario in Las Vegas has passed. The industry has recently lost two such figures, thanks to Steve Wynn’s fall from grace and Sheldon Adelson’s passing. However, it looks like Tilman Fertitta intends to take center stage on the Vegas Strip and the resort-casino […]
North Dakota Tribes Can Offer Online Gambling – But Only On Their Land
Unsurprisingly, North Dakota will not attempt to offer online sports betting and casinos statewide through a tribal compact. That was what the tribes in the state had proposed. However, there were several good reasons to doubt Governor Doug Burgum would agree. For one thing, it’s a conservative state, and last year’s online poker bill received a very […]
Simultaneous Efforts to Regulate Esports Gambling in Nevada and New Jersey
Last month, eight members of Nevada’s eSports Technical Advisory Committee unanimously approved its draft regulations for eSports wagering. The recommended regulations will now go before the Nevada Gaming Control Board (NGCB) and the Nevada Gaming Commission (NGC) for their approval. If both regulatory bodies likewise vote in favor of the proposal, it would amend the […]