News

GMA quoted in the Nevada Independent

Will California sportsbooks lure away Nevada gamblers? Analysts say don’t bet on it

by Howard Stutz

California voters will wait 16 months before weighing in on a tribal-backed ballot referendum that asks them to legalize sports betting.

Whatever occurs, it won’t change the opinion of gaming observers.

Though there is apprehension from a few Nevada sportsbook operators about potential competition from the largest feeder market to casinos in Las Vegas and Reno, analysts and sports betting experts don’t believe sportsbooks in California – the nation’s leading Indian gaming state – will slice into Nevada’s multi-billion-dollar business.

You can read the rest of the article here

Read More

GMA quoted in the Las Vegas Review Journal

Leading off in Las Vegas: World of Concrete 1st major US trade show since pandemic

By Richard N. Velotta

A rapidly recovering Las Vegas will be the focus of the global tourism industry Monday, when World of Concrete stages the first major trade show in the United States since the COVID pandemic wiped out the lucrative convention and meeting business.

The spotlight is especially welcome in Southern Nevada because World of Concrete will be the first big show at the Las Vegas Convention Center’s new $1 billion West Hall, a project completed during the region’s visitation collapse to keep Las Vegas positioned as the country’s meetings leader.

You can read the rest of the article here

Read More

GMA quoted on USBets.com

Maryland Permitting Up To 60 Mobile Sportsbooks, But Reality Could Be Far Less

by Gary Rotstein

One gambling industry consultant calls Maryland’s wide-open new sports betting legislation the “Oprah bill.”

“YOU get a license, and YOU get a license, and YOU get a license,” is how Brendan Bussmann, director of government affairs for Global Market Advisors, jokingly refers to a law that, in theory, could give Maryland more than twice as many online sportsbook operators as any other state currently has.

You can read the rest of the article here

Read More

GMA quoted in the Las Vegas Review Journal

Las Vegas ‘buzzing,’ recovering faster than expected, experts say

by Mike Shoro and Bailey Schulz

People ready to declare Las Vegas is “back” are a bit premature, experts in and around Nevada’s gaming and tourism industries say.

Still, it’s returning faster than many thought it might.  And there still appears to be room to grow, which has hotel-casino executives and industry observers feeling good about Las Vegas’ future.

The valley’s economic drivers, hospitality and gaming, are on the upswing, and there’s a noticeably different vibe these days in its resort corridor.

You can read the rest of the article here

Read More

GMA quoted on PlayUSA.com

Why Arizona sports betting law could be a huge revenue boost for state pro teams

By Brant James

Multiple American jurisdictions have allowed professional sports teams to benefit financially form legal sports betting:

The Chicago Cubs have a plan for a DraftKings Sportsbook at Wrigley Field.

Capital One Arena in the District of Columbia has a William Hill sportsbook that operates even when the Washington Capitals, Wizards or Mystics aren’t playing inside.

You can read the rest of the article here

Read More

GMA quoted on SportsHandle.com

Florida Becomes Biggest State By Population To Legalize Digital Sports Betting

by Jill R. Dorson

In what seemed very much like a predetermined outcome, the Florida House of Representatives on Wednesday ratified the new gaming compact between the state and the Seminole Indian Tribe, 97-17.  The approval came after an hour of debate and attempts at multiple amendments, making Florida the biggest state by population to legalize sports wagering since the fall of the Professional and Amateur Sports Protection Act on May 14, 2018.

The compact all but creates a monopoly for the Seminole Indian Tribe, which is already the driver of gaming in Florida.  Any and all sports bets- even if made on mobile devices or via parimutuel partners – must “go through servers” placed on tribal lands, and the tribe gets a cut.

You can read the rest of the article here

Read More

GMA quoted in the Nevada Independent

Henderson and Reno rise as pandemic driven casino closures skew national gaming revenue ranks

by Howard Stutz

Casinos along the Boulder Highway and much of Henderson make up the ninth-largest gaming revenue market in the U.S., according to the American Gaming Association.

The Northern Nevada area that includes casinos in Reno and Sparks is now ranked No. 12 among the Top 20 U.S. gaming markets.

You can read the rest of the article here

Read More

GMA quoted in the Las Vegas Review Journal

Fewer masks, more visitors: What to expect Memorial Day Weekend

by Bailey Schulz

This upcoming Memorial Day weekend could be the kick-start to a strong summer of tourism in Las Vegas.

The holiday is the first major travel event since mass vaccinations took off in the U.S. Industry watchers expect strong demand from visitors over the three-day-weekend – a stark contrast from last year’s Memorial Day, when casinos across the state were still shuttered.

You can read the rest of the article here

Read More

GMA quoted on USBets.com

Vaccination, Lifted Restrictions Setting Up A Hot Summer In Vegas

by Buck Wargo

Las Vegas is gearing up for one of its strongest summers in history, and if this past weekend is any indication, that’s just what the city is going to get.

The Centers for Disease Control announcement Thursday that vaccinated people can forgo masks in most indoor setting prompted Nevada regulators on Friday to loosen the mask-wearing requirement in casinos. Casino resorts, most of which were greenlighted to return to 100% of their capacity last week, saw huge crowds, including an influx of drive-in traffic from California and Las Vegas residents celebrating with family and friends to mark the apparent winding down of the COVID-19 pandemic.

You can read the rest of the article here

Read More

GMA quoted on USPoker.com

Legalization Update: A Look at US States Considering Regulated Online Poker

by Sean Chaffin

US online poker players have seen some big news in recent months.  Five states offer legal, regulated online poker and several others have made some moves toward legalization.

Illinois and Connecticut remain strong possibilities, but other have also at least shows some interest in the last few months.  Online poker is currently legal in:

-New Jersey

-Pennsylvania

-Nevada

-Delaware

-West Virginia

You can read the rest of the article here

Read More