In The News: Center for Gaming Research
When the Supreme Court issued a ruling in May that effectively legalized sports gambling, venture capital firm SeventySix Capital wasted no time getting in on the action.
The two biggest hotel-casino giants on the Las Vegas Strip could soon become one. There is speculation that MGM Resorts International and Caesars Entertainment could merge.
Just four months after launch, New Jersey's legal sports-betting industry is off to the races.
With more than $1.6B (yes, billion) in the Mega Millions jackpot and over $620M in the Powerball jackpot, lottery fever is at an all-time high. Yet, your chances of winning were only a truly miraculous 1-in-302.6 million for the Mega Millions, and your chance of winning Powerball is something around 1-in-292 million. And the chance of winning both lotteries? Something like, 1-in-88 quadrillion, according to CNBC.
You would think that a 50-year run in Las Vegas would be cause for celebration. Not so for Circus Circus, the hotel-casino along the Las Vegas Strip that promised a new type of theme-driven entertainment when it opened Oct. 18, 1968.
It opened up in the Year of the Monkey and closed in the Year of the Dog — a two-year stretch of bad fortune for a casino that once had designs on being the go-to place for an authentic Asian experience in Vegas.
The Lucky Dragon Hotel is now closed. Tuesday was the last day for hotel employees.
We all know some of the most famous – and catchy – product slogans:
“Melts in your mouth, Not in Your Hands” - M&Ms, of course.
Las Vegas Strip casinos generated a record $17.76 billion in total revenue last year, but the nearly 100,000 workers on the state’s main casino corridor took in an all-time low share of the revenue, according to the UNLV Center for Gaming Research.
The NFL could be looking at a $2.3 billion annual payout thanks to legalized sports betting, if all goes according to plan.
Gaming floors in Las Vegas Strip casinos had another rough July.
Recently, the American Gaming Association released its yearly report, State of the States 2018.