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Virgin Hotels Las Vegas, Culinary Union Remain at Standoff
The Culinary Union and Virgin Hotels Las Vegas appear to have reached an impasse in their labor negotiations and it's unclear if either side will budge based on recent statements. Last week,...
Pro League Network Raises $2.2M, Investors Include NBA Star Kevin Garnett
Officials with the Pro League Network (PLN) say the company's most recent fundraising round resulted in approximately $2.2 million in capital. PLN facilitates niche sporting events and regulates the games and contests...
DraftKings Reportedly Eyeing Simplebet Acquisition
DraftKings (NASDAQ: DKNG) is said to be close to acquiring micro-betting provider Simplebet in a transaction that could value the target at $120 million to $170 million. Earnings + More broke the...
Las Vegas Raiders Owner Mark Davis is Not the Father of Cirque Performer’s Child
Mark Davis, the 69-year-old billionaire owner of the NFL Las Vegas Raiders was reported on Sunday to have impregnated a 26-year-old social media influencer and Cirque du Solei choreographer and performer. The...
Blackstone Billionaire Stephen Schwarzman Throws 2024 Support Behind Donald Trump
Stephen Schwarzman, the billionaire founder, chairman, and chief executive of Blackstone Group, one of the world's richest private equity giants with significant holdings in the global casino industry, says he will support...
DraftKings, Red Rock Resorts Among Gaming Companies Tapping AI
Gaming companies are increasingly deploying artificial intelligence (AI) in a variety of ways, confirming the industry could be a dedicated, long-term adopter of the disruptive technology. In a recent report to clients,...
New York Tough Place for Sportsbook Operators to Turn Profits
With the state’s 51% tax on sports wagering, it’s hard for sportsbook operators to generate profits in New York and that’s one reason gaming companies are increasingly tight-fisted with promotions in the...
Campaign for Fairer Gambling Says Sportsbook Firms Using ‘Dubious Claims’ in Illinois
Illinois Gov. J.B. Pritzker (D) is pushing to boost the state’s sports betting tax to 35% from 15% to raise needed cash and that’s not to the liking of the gaming industry,...
Nevada Gaming Control Board Rules Against PropSwap, Sports Betting Ticket Exchanges
The Nevada Gaming Control Board (NGCB) has once again ruled against PropSwap and the concept of allowing companies to facilitate the trading of sports bets. The NGCB on Thursday voted to dismiss...
Resorts World Las Vegas Eliminates All Free Parking
Resorts World announced on Thursday the end of free parking even for its rewards club members. As of June 1, only club members who have attained a new "Elite Tier" status or...