Legislature must prioritize keeping Nevada gaming gold standard
by Richard N. Velotta
Nevadans should hope that the state senators and Assembly members were paying attention last week to current events in the gaming industry along with their political races.
Voters in six states approved varying forms of expansion. That means new competition in the form of new sports betting in Maryland, Louisiana and South Dakota, new casinos in Virginia and Nebraska and higher betting limits in Colorado.
Gaming votes in 6 states overwhelmingly approved by voters
by Richard N. Velotta
It could be days before some key political races are decided, but gaming issues in six states had decisive results in Tuesday’s election – and they all passed.
Sports wagering measures were approved in Maryland, Louisiana and South Dakota, and casino gaming was authorized in Virginia. Betting limits were eliminated in Colorado, and Nebraska established a regulatory system for casino gaming at the state’s racetracks.
Gaming on the ballot: Virginia approves four casinos; sports betting coming to three states
by Howard Stutz
Ballot issues in six states were all headed toward approval by healthy margins Tuesday. Casinos will be added to four cities in Virginia, Nebraska’s racetracks will also add casinos, gaming options are being expanded in Colorado, and sports betting was approved in three states – Maryland, South Dakota, and Louisiana.
As of midnight CST, and with nearly 80% of precincts reporting, Nebraska was poised to approve a massive expansion of gaming that could ultimately allow for legal retail sports wagering in the state. Nebraska is one of the six states that had some sort of gaming-related initiative on the ballot. Marylanders approved statewide mobile and retail sports betting while voters in more than 50 Louisiana parishes approved retail sports wagering.
MGM Growth CEO fields questions about possible Sands leaseback deal
by Bailey Schulz
MGM Growth Properties executives were questioned on a possible leaseback deal with Las Vegas Sands Corp. on Monday.
Sands confirmed last week that it was in “early discussions” to sell its Las Vegas assets. Company spokesman Ron Reese declined to comment Monday on whether the company is considering a leaseback deal or in discussions with MGM Growth, a real estate investment trust affiliated with MGM Resorts International.
Circa opening shows ‘promise’ for downtown, watchers say
by Mike Shoro and Bailey Schulz
Las Vegas visitors will have access to a new adult playground this week: Circa.
The 777-room, 1.25 million-square-foot resort casino opens at 12:01 a.m. Wednesday. The property, developed by Derek Stevens, has already changed downtown’s skyline, offering a 35-story structure – downtown’s tallest – that includes the six-pool swimming venue and a three-story sportsbook. The property’s hotel tower is set to open later this year.
Like many things in Las Vegas, casino openings are known for being over the top.
But the extravagant parties – often accompanied by VIP guest lists, fireworks, and performers – are more than just an excuse to pop a few bottles of champagne. They’re a casino’s first chance to make an impression and kick-start operations, and could affect customer relations down the road.
Caesars to reopen the Strip’s Cromwell, but with a twist: Guests must be age 21 and older
by Howard Stutz
Maybe there was something about allowing The Cromwell to serve as the setting for the CBS television series Love Island that inspired Caesars Entertainment.
The boutique-sized Strip resort, one of Caesars’ last remaining casinos on the Strip still shuttered since March 18 due to the coronavirus pandemic, will reopen next week, but with a twist: All guests must be age 21 and older.