LVCVA Unloads 10-Acre Strip Plot for $125 Million

The Las Vegas Convention and Visitors Authority has sold its 10-acre, Strip-facing plot (l.) to developers Brett Torino and Paul Kanavos for a price of $125 million, $5 million...

Published March 20, 2023

WEEKLY FEATURE: Kentucky Passes Skill Games Ban

Kentucky lawmakers passed a bill banning slot-like skill games, although thousands of the machines have proliferated statewide in recent years. Governor Andy Beshear officially cemented it with his signature...

Published March 20, 2023

Playtech Buys Stake in Hard Rock Digital

Playtech will pay $85 million for a single-digit stake in Hard Rock Digital, the interactive arm of Seminole Gaming and Hard Rock International.

Published March 20, 2023

New York Suit Attacks Caesars for Risk-Free Promise

Caesars promised Lachae Vickers and dozens of other bettors a risk-free bet if you lost. That promise will now be judged in a courtroom as Vickers wanted the cash...

Published March 13, 2023

Right Revenue Mix

Land-based gaming revenue remains strong says AGA Vice President David Forman while sports betting and iGaming continue to rise, representing a very healthy industry, but long how slog will...

Published March 13, 2023

New South Wales: High-Profile Figures Weigh in at Key Regulatory Conference

With all of the gaming-related debates currently being waged across New South Wales, it makes sense that everyone should at least gather in one place. Sydney’s recent Regulating the...

Published March 13, 2023

Setbacks Aside, Japan Still a Potentially Strong Market

Just a few years ago, analysts foresaw astronomical revenues for casino resorts in Japan. Then Covid pulled the rug out. Even so, Strategy Organization analyst Josh Swissman predicts that...

Published March 13, 2023

GLOBAL GAMING BUSINESS PODCAST: Matt Sodl, Founding Partner, President and Managing Director, Innovation Capital

This week, the GGB Podcast features a discussion with Matt Sodl, the founding partner, president and managing director of Innovation Capital, on the investment firms latest successes and how...

Published March 13, 2023

Federal Rules Could Allow Florida Seminole Compact

Proposed tribal-state compact changes could toss out parimutuels’ lawsuit against the Interior Department, allow the Seminole Tribe of Florida to offer online sports betting and let tribes buy off-reservation...

Published March 13, 2023

CA Legislative Panel Approves Reenacting Cardroom Moratorium

The longstanding moratorium on new cardrooms in California expired last year, but in a surprising development, both tribes and existing rooms are championing a bill sponsored by Rep. James...

Published March 13, 2023

Oklahoma, Kentucky, Minnesota Sports Betting Bills Face Struggles

Rep. Ken Luttrell (l.) is fighting to keep Oklahoma sports betting alive, but a source says the gap between tribal wishes and the governor’s wishes may be too wide...

Published March 13, 2023

Georgia Sports Betting Won’t Happen in 2023

Georgia lawmakers have once again nixed the idea of legalizing sports betting as three gaming-related legislations were unable to get out of committee.

Published March 13, 2023

U.K. Gambling White Paper Coming Soon, Says Culture Secretary

The Gambling White Paper the government of the U.K. has been set to release for more than two years may be released soon. Culture Secretary Lucy Frazer (l.) says,...

Published March 13, 2023

Macau Casinos Create Foreign Gaming Zones

Melco Resorts’ City of Dreams (l.) and Sands China are the first casino concessionaires in Macau to actively dedicate space for foreign gamblers. Others will follow to get tax...

Published March 13, 2023

Gaming Industry Once More Becomes Leading NV Political Donors

During the pandemic, contributions to political candidates fell sharply from the gaming industry. But now that the casinos are raking in money again, the amount of political cash has...

Published March 13, 2023

Hard Rock’s New York Casino Bid in Question

The planned bid by Seminole Hard Rock to build a casino near the Citi Field stadium (l.) in Queens, already the subject of local protest, is in question because...

Published March 13, 2023

WEEKLY FEATURE: Golden Entertainment to Divest Route Operations

Golden Entertainment announced that it will divest its distributed gaming operation, selling slot routes in Nevada and Montana to Illinois-based J&J Ventures Gaming, LLC for $361.5 million.

Published March 13, 2023

Massachusetts Kicks Off Online Sports Betting

Online sports betting was permitted in Massachusetts late last week, just about a month after it was permitted at the state’s three casinos—MGM Springfield, Encore Boston Harbor, and...

Published March 13, 2023

And The Winner Is… Vegas!

With the Oscars coming up on Sunday, Ira David Sternberg imagines what it would be like to nominate some of the town’s most iconic people, places and events that...

Published March 6, 2023

BetMGM Begins Campaign to Highlight Responsible Gambling

BetMGM CEO Adam Greenblatt (l.) announced it was refocusing its advertising to incorporate a responsible gambling message and is utilizing the Canadian program GameSense to help push the message.

Published March 6, 2023