Month: April 2024

DraftKings, Everi Among Gaming Companies on Best Places to Work List

DraftKings and Everi are among the gaming companies appearing on the 2024 version of Energage’s “Top Workplaces USA 2024” list. Employees at DraftKings headquarters. The gaming company was ranked as one of the best places to work in a recent survey. (Image: CNBC) For Everi, a Las Vegas-based gaming device manufacturer and fintech firm, this…

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Tipico Mulling Sale of US Sportsbook, MGM Rumored Suitor

German sportsbook operator Tipico is reportedly evaluating a sale of its US operations and rumors are circulating that MGM Resorts International (NYSE: MGM) could be a suitor. An ad for Tipico Sportsbook. The company is reportedly a takeover target and MGM is rumored to be interested. (Image: Tipico) Tipico is majority owned by CVC Capital…

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North Carolina Gov. Roy Cooper Supports Tax Deductions for Gambling Losses

North Carolina Gov. Roy Cooper (D) supports amending the state’s tax code to permit itemized filers to deduct certain losses from gambling. North Carolina Gov. Roy Cooper thinks sports bettors should be allowed to deduct their wagering losses against their wins to lessen their state tax liability. Online sports betting began in North Carolina in…

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Texas Destination Casino Proposals Find Support Among Diverse Groups: Survey

Destination resort casinos are backed by many demographic groups in Texas, but there’s somewhat less support for sports betting, according to a new survey. The Texas Capitol, pictured above. A new survey indicates support for the state to enact legislation that would pave the way for resort casinos. (Image: Visit Austin) Sponsored by the Texas…

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MGM Investor Diller Gets Another Chance at Nevada Gaming License

Barry Diller, whose IAC/InterActiveCorp (NASDAQ: IAC) is the largest shareholder in MGM Resorts International (NYSE:MGM), will get another shot at a full gaming license when he appears before the Nevada Gaming Control Board (NGCB) Wednesday. IAC Chairman and MGM investor Barry Diller. He will appear before Nevada regulators this week in an attempt to gain…

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Downtown Grand Hotel & Casino Settles Federal Disability Claims for $720K

Las Vegas’ Downtown Grand Hotel & Casino will pay $720K to settle employee disability allegations brought against the gaming property. The Downtown Grand Hotel & Casino, pictured above. The gaming property settled a discrimination lawsuit. (Image: Downtown Grand Hotel & Casino) The US Equal Employment Opportunity Commission (EEOC) announced the settlement last week. The agency…

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Washington State Casino Reopens Weeks After Apparent Cyber Attack

Washington State’s Swinomish Casino and Lodge has reopened its doors following an approximately three-week closure due to a “cybersecurity incident.” The Swinomish Casino and Lodge, pictured above. The property reopened after a cyber incident. (Image: Booking.com) The Anacortes, Wash. gaming property shut down the casino floor and its restaurants on April 5 and reopened the…

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Hard Rock, Royal Caribbean Unveil Loyalty Program Agreement

Tribal casino giant Hard Rock International and Royal Caribbean Group on Friday announced a wide-ranging agreement pertaining to members of both companies’ travel and leisure loyalty programs. Royal Caribbean’s Wonder of the Seas cruise ship at sea. The company is partnering with Hard Rock International on a points-sharing agreement. (Image: Royal Caribbean) Members of the…

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GLPI Execs Say Tropicana Met Usefulness, Interested in Bally’s Chicago

On the real estate company’s first-quarter earnings conference call, Gaming and Leisure Properties (NASDAQ: GLPI) executives signaled the recently Tropicana Las Vegas met its shelf life and the fate of the venue operating as a casino resort wasn’t in the long-term cards. A slide from a Gaming and Leisure Properties presentation. The REIT is open…

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Nevada Regulators Join Las Vegas Money Laundering Probe as Net Widens

The Nevada Gaming Control Board (NGCB) has joined a sprawling investigation into the possible laundering of proceeds from illegal bookmaking at Las Vegas casinos, the Nevada Current reports. Scott Sibella, above, has pleaded guilty to violating the Bank Secrecy Act in connection to Wayne Nix, the bookie he allowed to gamble at the MGM Grand.…

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