Month: December 2024
Venetian, Hyatt Partnering on Rewards Program
The Venetian Resort Las Vegas has a new hotel partner as it was revealed today that the Strip casino resort is teaming up with hotel giant Hyatt on a long-term licensing accord. An aerial view of The Venetian Resort Las Vegas. The venue is teaming up with Hyatt on a new loyalty-sharing program. (Image: The…
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Washington State’s Mississippi-Style Gambling Boat Sails into Sunset After 25 Years
It’s the end of an era for the Emerald Queen, the Mississippi-style paddlewheel riverboat that was, for a quarter of a century, a familiar sight in the port of Tacoma, Wash. The elegant 300-foot former gambling palace was towed away to Seattle Thursday. The Emerald Queen brought a little “New Orleans French Quarter” to Washington…
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Hippodrome Balks at Caesars Times Square Casino Plan
The Hippodrome office building is the latest entity to vocalize opposition to the plan to bring a casino hotel to Times Square in New York City. Times Square in New York City. The Hippodrome office building there opposes the Caesars/SL Green casino plan. Image: Food & Wine) Principals of the Class A office building at…
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Intelligence Officials Say Casino in Northern Virginia Would ‘Endanger National Security’
A letter signed by more than 100 former members of the United States Central Intelligence Agency (CIA) and other retired officials of the government’s intelligence community urges state lawmakers in Richmond to block an effort to allow a casino in Northern Virginia on concerns that such a resort could threaten national security. The lobby of…
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Cedar Rapids Strikes Casino Host Agreement With Development Group
On Tuesday, city officials in Cedar Rapids signed off on a host agreement for a possible casino resort. A rendering of the proposed Cedar Crossing Casino in Cedar Rapids, Iowa. This week, city officials in Cedar Rapids approved a host agreement with the development group behind the project. (Image: Cedar Rapids Development Group) The Cedar…
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Bronx Locals Split on Bally’s Casino Plan
Residents of the Bronx, NY are divided over the prospects of a Bally’s casino hotel eventually calling their borough home. Bally’s Links in the Bronx, NY. Locals are divided over the plan to bring a casino hotel to the property. (Image: NY1) Christopher Jewett, senior vice president of corporate development at the regional casino operator,…
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Michigan iGaming and Sports Wagering Taxes Could Be Going Up
Legislation recently introduced to the Michigan Senate seeks to raise taxes on commercial revenue generated from online casino gambling and both retail and mobile sports betting. Michigan Sen. Sam Singh wants the state to receive a larger cut from commercial iGaming, in-person sports betting, and online sports betting. The state’s three commercial operators say such…
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Wynn Unlikely to See Activist Action, Says Analyst
Wynn Resorts (NASDAQ: WYNN) stock is higher by 10.09% over the past month, a period in which a well-known investor upped his stake in the casino operator, but some analysts don’t believe a takeover offer is on the table. Wynn and Encore on the Las Vegas Strip. An analyst is bullish on the operator’s bonds…
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Flutter Stock Could Double in 4 Years, Says Analyst
Shares of Flutter Entertainment (NYSE: FLUT) closed higher by 1% today after an analyst said the stock has the potential to more than double to $600 over the next four years. The gaming equity closed at $277.47 today. The Flutter logo as seen in an investor deck. An analyst says the stock could more than…
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Massachusetts Tribe to Build Welcome Center Where Casino Plan Remains
The Mashpee Wampanoag Tribe in Massachusetts has announced plans to construct a welcome center on its sovereign land in Taunton. The Mashpee Wampanoag Tribe in Massachusetts will build a welcome center in Taunton. The facility to promote its plans to construct a casino resort called First Light. (Image: AP) One of two federally recognized tribes…
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