Five Strip Casinos Top List for Covid Infections
Nevada health investigators have ranked Las Vegas casinos higher than other businesses in the surrounding region as “possible exposure sites” for Covid-19. Data obtained by the Las Vegas Review-Journal show The Cosmopolitan on the Las Vegas Strip at the top of the list of exposure sites based on five analyses conducted in July and August, […]
Caesars Gets $400 Million From VICI
VICI Properties, the real estate investment trust affiliated with Caesars Entertainment, is lending the gaming giant $400 million. The five-year loan is payable at 7.7 percent interest and is secured by a mortgage on the new $375 million Caesars Forum Convention Center on the Las Vegas Strip. The loan, which VICI said it funded with […]
Station Loses Another Union Battle, But War Drags On
The running battle between Station Casinos and the Las Vegas local of the Culinary Union has shifted to three more Station properties. At the Fiesta Henderson, whose workers have been waiting a year for contract negotiations with Station management, a hearing officer with the National Labor Relations Board (NLRB) has recommended the full board reject […]
In Absence of Casinos, Colombia OKs Online Prize Drawings
The running battle between Station Casinos and the Las Vegas local of the Culinary Union has shifted to three more Station properties. At the Fiesta Henderson, whose workers have been waiting a year for contract negotiations with Station management, a hearing officer with the National Labor Relations Board (NLRB) has recommended the full board reject […]
Analyst: Aristocrat will Enter iGaming
An analyst from JP Moran Securities Australia Ltd. said in an investor note last week that the prospect of Australian slot manufacturing giant Aristocrat Leisure Limited entering the real-money online slot market in the U.S. is a “matter of when and how, not if.” Aristocrat was one of the first manufacturers to place its game […]
NetEnt Partners with Wind Creek in PA
NetEnt has launched its portfolio of casino games in Pennsylvania through a partnership with Wind Creek Hospitality, which owns the Wind Creek Bethlehem casino. The new partnership is part of NetEnt’s plan to expand its iGaming footprint in Pennsylvania, expanding the fast-growing U.S. state market. Having added RMG options to its existing social offering in […]
Cash-Strapped Casinos Get Creative to Get Coin
In the olden days, gamblers would drop quarters, dimes and nickels into slot machines, and also be paid in coins. In that era, one of the happiest sounds in a casino was the shower of quarters that signified a win. These days, players are more likely to shove $10 or $20 bills into slot-machine bill […]
New York Lawmakers Consider Online Sports Betting
New York’s legislature has yet to approve online sports betting, so the only bets come courtesy of the state’s eight brick-and-mortar casinos. Reports have circulated that New York State Assembly Speaker Carl Heastie could possibly include online and mobile sports betting in an upcoming revenue bill, according to Gambling.com. “When we return to session, the […]
Penn National Seeks $1 Billion Post-Barstool Opening
Penn National Gaming last week launched its Barstool online sportsbook, the 10th online/mobile wagering site in Pennsylvania. As a result, the company announced it would seek to raise nearly $1 billion with a public offering of 14 million shares of stock. Penn is clearly trying to capitalize on the young sports betting market in the […]
Sports Betting Basics
Handle aka “Turnover” or “Drop”: The total amount of money bet on a game or event. Handle is not the amount won by the house, or the public. Hold: A sportsbook or casino’s winnings after payouts to successful bettors, but before taxes and other deductions. Point Spread aka “The Line”: The predicted scoring differential between […]
Early NFL Week 4 Moneyline Bet to Target
Casual fans might be timid with the prospect of selecting “America’s Team” at -220 after the Dallas Cowboys lost two of their three tough games to start the season. Smart bettors wager on teams and matchups, not records. After an underwhelming season-opener, the Cowboys have been blisteringly hot in Week 2 and Week 3. Thanks […]
Can You Boost Your Lottery Odds?
Sorry, Charlie. Lottery drawings are completely random, in a way that no system or lucky T-shirt can outsmart. But that doesn’t mean you can’t strategize, at least up to a point. As with online slots, some lottery games are designed with better odds than others. And just as with slots—whose return-to-player percentages are posted online, […]
