In The News: International Gaming Institute
At 28, Edward Craven has built Stake.com into one of the world’s biggest gambling enterprises. But there is another side to its hot streak.
Robert Rippee has been a central figure in the development of the Black Fire Innovation Hub since its inception.
In the days leading up to kickoff, users of Fliff, a popular mobile gaming app, placed more than 200,000 “bets” on last month’s NFL conference championship games. They bet on Patrick Mahomes throwing for at least 240 yards, on Christian McCaffrey scoring the first touchdown and on the usual array of money line, point spread and over-under offerings. They did it, in many cases, without verifying their age or even spending a dollar.
When the Kansas City Chiefs and the San Francisco 49ers face off at Super Bowl LVIII on Sunday, Feb. 11, they will compete for football's highest honor at Allegiant Stadium in Las Vegas. It was unthinkable because, for many years, professional sports teams, including the NFL, refused to go anywhere near Las Vegas, thanks to its seedy reputation.
In Vegas, gambling is complemented by a host of other amenities and entertainment options, to the point that gaming is only one of a number of revenue streams. Research by the University of Nevada Las Vegas suggested that gaming made up 34.4% of Las Vegas Strip revenue in 2019.
Megan Basson has been named executive director for the UNLV International Center for Gaming Regulation.
This year’s edition features high flyers from different facets of the industry, including Fontainebleau’s Jeffrey Soffer, Pavilion’s Chris Justice, Playtech’s Mor Weizer, UNLV’s Brett Abarbanel and many more.
Adelson wasted little time reaching out to the state’s business leaders since news of the deal broke, visiting Austin on Thursday to address the Texas Association of Business, the state’s largest business lobby.
Each of the developments were part of a pivotal time for the Strip. Megaresort predecessors The Mirage and Excalibur opened several years earlier and proved to casino moguls that an attraction-based concept would bring a new crowd to Las Vegas.
Each of the developments were part of a pivotal time for the Strip. Megaresort predecessors The Mirage and Excalibur opened several years earlier and proved to casino moguls that an attraction-based concept would bring a new crowd to Las Vegas.
The sale of the Dallas Mavericks basketball team could end the long stalemate over legalized sports betting in the state of Texas.
Adelson family has political influence, expertise in casino-resort developments