News

GMA quoted in the Las Vegas Review Journal

Tourism industry misses out on ‘sorely needed’ COVID relief aid

by Bailey Schulz

After months of debate, federal lawmakers agreed upon a second $900 billion COVID-19 economic relief package – but the industries Nevada relies on most are left wanting.

The relief package includes provisions that could increase consumer spending and willingness to travel, but there is no direct assistance to gaming and hospitality businesses.

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GMA quoted in PlayUSA.com

Many more states are likely to legalize betting in 2021 – And here’s why

With more than half of the great big map of American sports betting shaded in green – or black, or whatever symbolic color- the factions that comprise the industry can’t help but contemplate the prized pieces left.  They also have to consider how the legislative actions and moral judgements in their neighbor states might eventually help shade the whole thing to the same color.

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GMA quoted in the Las Vegas Review Journal

Sisolak extends Nevada pandemic ‘pause’

by Colton Lochhead

With Nevada experiencing its deadliest stretch yet of the COVID-19 pandemic, Gov. Steve Sisolak announced Sunday that the “statewide pause” put in place to slow the rapid spread of the virus will be extended into January and that a moratorium on most residential evictions will be reinstated.

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GMA quoted in the Las Vegas Review Journal

Golden Knights’ Bill Foley gets closer to gaming industry with $9B deal

by Bailey Schulz

Bill Foley is betting billions on the future of online gaming.

On Monday, the Vegas Golden Knights’ owner’s blank check company, Foley Trasimene Acquisition Corp. II, announced plans to merge with Paysafe Group Holdings Ltd., an online payments processing firm that has numerous big-name clients in gaming.

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GMA quoted in the Las Vegas Review Journal

New resort could be coming to Henderson

by Blake Apgar

A new resort could be coming to Henderson.

The City Council is scheduled to consider a resolution next week formalizing its intent to sell about nine acres of land near the northeast corner of the intersection of Las Vegas Boulevard South and St. Rose Parkway to Marnell Gaming Management LLC.

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Brendan quoted in CDC Gaming Reports

Keeping Las Vegas Strip casinos open akin to ‘walking on the edge of a knife’

By Howard Stutz

Nevada’s governor doesn’t want to close casinos or limit visitation to the Las Vegas Strip, even as the state’s current COVID-19 infections show a “wildfire of community spread (that) continues to grow out of control.”

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Brendan Bussmann quoted on Nevada Public Radio

December Hints At A Tough Winter For The Strip

by Mike Prevatt

December is usually a quiet month in Las Vegas.

Between the National Finals Rodeo and the year-end holidays is a two-week dead zone.

And this December it will be worse.  There’s no rodeo.  No huge New Year’s celebration.  No shows or conventions.  No scores of overseas tourists.

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Brendan Bussmann quoted in CDC Gaming Reports

The casino industry once again has its eyes on gaming expansion in Texas

by Howard Stutz

To the casino industry, Texas is Captain Ahab’s white whale, Sir Galahad’s Holy Grail, and James Hilton’s Shangri-La.  It’s the state about which casino operators have long dreamed.

“Texas remains the largest untapped market for gaming in the United States.  COVID-19 has seemingly made the state reachable,” said Global Market Advisors Director of Government Affairs Brendan Bussmann.  “The Lone Star State has the opportunity to be one of the largest gaming markets in the U.S.”

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Article by Brendan Bussmann published in Amusement & Gaming Japan

The U.S. Gaming Market: A Tale of Two Recoveries

by Brendan Bussmann

Every aspect of the gaming industry around the globe has been impacted by SARS-CoV-2. In the United States, this has been felt very directly as every casino at one point was closed during the Great Shutdown of 2020.  Some properties began to reemerge in May and openings have continued up until today, but a percentage have still remained shuttered as demand in some parts of the United States have not met the levels needed to reopen.  Some amenities at these properties have also struggled to reopen with occupancy limited placed on food & beverage outlets and hotel rooms and entertainment and MICE amenities remaining largely closed.

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Brendan Bussmann quoted in the Las Vegas Review Journal

Locals casinos endure pandemic better than Strip

by Richard N. Velotta

As the pandemic continues to wear on the state’s gaming industry, there’s more evidence that casino companies catering to locals are better positioned to endure the financial turmoil than their Strip counterparts.

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