Nevada Completes A Year Of Monthly Revenues Over $1 Billion
In early-2020, when the global COVID-19 pandemic began to unfold, many industry experts predicted that the gambling industry would take a massive revenue hit and that it would not be before 2023 that it would bounce back to pre-pandemic levels. However, the road to recovery proved much swifter than most people had anticipated. And in …
Mask Mandate Maintained in Vegas
The COVID-19 pandemic took everyone by surprise. When the novel virus started to spread around the globe in March 2020, land-based venues everywhere shut down. Las Vegas ones were no exception. Once they got up and running again, in the summer of 2020, mask-wearing was one of several mandatory health precautions on Vegas gaming floors. …
Cleaning Efforts Increased In Las Vegas To Prevent Coronavirus Spread
Since the first case of the coronavirus was officially confirmed in the state of Nevada, the officials of Las Vegas decided to step up their efforts and try to minimize the risks of the virus appearing in the city. Although they might actually succeed in their effort, much like Macau, the virus is definitely going …
Las Vegas and Casinos No Longer Top 50 Spot for July 4th Celebration
Every year Las Vegas, its casinos, and surrounding areas, becomes one of the biggest tourist’s spots to go and celebrate during the Fourth of July weekend. However, things have changed very recently, making popular destinations not so popular. With the recent terrorist attacks suffered in Orlando, people will be needing higher security to feel safe. …
Moulin Rouge Casino Getting Revived with Groundbreaking New Look
The once famous and iconic Las Vegas property, the Moulin Rouge Casino, is getting a much-needed face-lift, as the old building hasn’t been getting the attention from tourists and gamblers as it once did. Earlier this week there was a groundbreaking ceremony performed at the location, right off the Strip at 900 Bonanza Road, as …
CG Technology May Lose Casino Sportsbook License for Underpaying Customers
One of the major casino sportsbooks operator in Las Vegas, CG Technology (CGT), may lose their license due to complaints of underpaying their customers. They handle the sports betting for several of the top Vegas casinos like, the Venetian, the Palms, and Tropicana, all of whom could be finding themselves a new operator soon. The …
Nevada Casino Revenue Drops, Sports Betting Remains Stable
Nevada casinos saw a slight drop in overall revenue for the month of March, dropping down nearly 3 percent compared to the same month in 2015. It seems that the table games were not as lucrative, especially the baccarat tables that are usually hot, seemed to cool down throughout the entire state. Casinos did have …
Red Rock Resorts Inc. Casino Operators IPO Price Hits within Expected Range
Red Rock Resorts Inc., a casino operator based out of Las Vegas, has just had a somewhat average IPO on Tuesday, as the price per share was neither high nor low, but rather right in the middle of what they expected to receive. They are the sixth company to go public in the month of …