Experts In The News

Yogonet Gaming News

According to a new study from the University of Las Vegas, Nevada, free-play campaigns – or gambling money on the house – have become the dominant play incentive in the gaming industry, where the most money is spent to get players in the door and keep them coming back for more. However, the research suggests their effectiveness may be on the decline within certain groups of players.

Forbes

On Thursday, the Supreme Court overturned the multi-billion-dollar settlement agreement that Purdue Pharma’s bankruptcy estate had struck between the Sackler family, the firm’s billionaire former owners, who agreed to pay $6 billion to opioid victims in exchange for full immunity from any future civil lawsuits.

Reuters

Even for a busy lawyer at a big corporate law firm, billing close to 11 hours a day on a single case, five days a week for 18 months straight is no easy feat. That's the average pace Brian Glueckstein has kept up as one of the lead lawyers in the FTX bankruptcy since it began in November 2022, according to court records though April. All those hours — including 342 in December 2022 alone — have helped his law firm Sullivan & Cromwell amass close to $200 million in billings as debtor's counsel in the sprawling case so far.

Gambling News

A new study by a University of Nevada, Las Vegas (UNLV) researcher suggests that free-play gambling incentives may not be as effective as they used to be. According to researcher Anthony Lucas, the effectiveness of such promotions is gradually decreasing among certain players.

Center for Biological Diversity

Local and national public-interest groups, as well as Havasupai Tribe members, delivered more than 17,000 petition signatures to Gov. Katie Hobbs today urging her to use her authority to close the Pinyon Plain uranium mine that threatens the waters of the Grand Canyon and the Havasupai Tribe.

Las Vegas Review Journal

The violation of a noncompete agreement has been central in Wynn Resorts’ lawsuit against Fontainebleau for poaching senior executives. Wynn claims the new resort hired nine of its executives and encouraged workers to violate their employment contracts. But in April the Federal Trade Commission changed its rules and announced that starting Sept. 4 all new noncompete agreements are banned. So, how would a ban impact executive hiring and moves on the Strip?

Las Vegas Review Journal

The immediate impact of the wife of Antonio Pierce filing for bankruptcy will be to help the couple temporarily pause the legal process of addressing substantial debt resulting from judgments against the Raiders coach, experts said.

Gambling Insider

A recent study conducted by Anthony Lucas, a researcher at the University of Nevada, Las Vegas (UNLV), indicates that the effectiveness of casino free-play promotions may be decreasing among certain player groups.