Prime Strip Site Fetches $172 Million
Owners of the Showcase Mall on the Las Vegas Strip have bought 9.5 acres between the MGM Grand and Planet Hollywood for $172 million with plans to develop the parcel as a retail, dining and entertainment attraction. New York-based Gindi Capital said it concluded the $18 million-an-acre deal with FX Luxury Las Vegas, an affiliate […]
Report: DraftKings to Acquire SBTech
DraftKings is reportedly about to acquire online gaming and sports-betting company SBTech. The deal would give the company its own in-house sports betting platform, according to Legal Sports Report. DraftKings did not confirm the acquisition to the website, but issued a statement saying, “It is our general policy not to discuss the specifics of any […]
Mohawks Partner for NY Sportsbook
The Saint Regis Mohawk Nation has become the second New York gaming tribe to enter the state’s sports betting fray. The Mohawks are partnering with Toronto-based The Stars Group to develop a 5,200-square-foot venue called Stick’s Sports Bar & Sports Book at the tribe’s Akwesasne Mohawk Casino Resort in Hogansburg on the U.S. side of […]
Maine Governor Puts Sports Betting Bill in Limbo
Maine Governor Janet Mills has put about 40 bills in limbo until the next legislative session, saying they need more review. Among them is a bill that would legalize sports betting. Under Maine’s system, if a governor does not sign a bill or veto a bill during the legislature’s recess—it becomes law within three days […]
Oregon Lottery to Launch Sports Betting in Two Months
The Oregon Lottery plans to launch sports betting in two months, just in time for the NFL season; becoming the first state in the Pacific Northwest to do so. It plans a three-phase rollout. Because Oregon was one of the four states that was grandfathered in when the federal Professional and Amateur Sports Protection Act […]
MLB To Launch Chinese ESports Tournament
Major League baseball’s first foray into eSports will take place in Chine, not the U.S. with a scheduled eight team tournament dubbed MLB: The Show. “By appealing to a younger demographic with games that they enjoy, this will help increase the penetration of baseball into their lives,” said Shao Yinxin, director of marketing and media […]
Puerto Rico OKs Sports Betting
Legislation that would launch a legal sports betting industry in Puerto Rico has passed a joint committee of House and Senate members and now will go to Governor Ricardo Rosselló Nevares for his approval. Rosselló has previously stated the legislation could turn Puerto Rico into a “state-of-the-art jurisdiction” for sports betting. He is expected to […]
Aristocrat Sues Ainsworth
Rival Australian slot-manufacturing titans will square off in a U.S. federal court after Aristocrat Technologies Inc., the U.S. arm of Australia’s Aristocrat Leisure Ltd., sued Ainsworth Game Technology, alleging theft of intellectual property involving Ainsworth’s Jackpot Strike progressive link. Aristocrat claims it’s a direct copy of the features of one of its most popular products, […]
Golden Nugget Atlantic City Could See Online Revenue Pass Brick and Mortar
While really only a technicality, Golden Nugget Atlantic City could be the first U.S. casino to realize more revenue through online play than through its brick-and-mortar casino. Through May, the difference between earnings generated from Golden Nugget’s online gaming portfolio and the brick-and-mortar property has been less than $3.5 million according to an analysis by […]
Every Vote Counts, Even Before 2020! U.S. Presidential Race a Subject of Debates (and De Bets)
Online bettors in other parts of the world are accustomed to betting on a lot more than sports. For example, when Prince William married Kate Middleton in 2011, UK punters bets on the color Queen Elizabeth would wear to the wedding (the answer: yellow). More recently, they bet on the name of the latest baby […]
Will Golden Nugget Soon Offer NBA Bets?
For sports fans, it’s still early to be thinking about basketball—the tip-off’s not until October. But the NBA season is definitely on the minds of New Jersey gaming regulators. Between now and then, they have to decide whether to let the sports book at GoldenNugget.com offer bets on NBA games. Since 2016, GoldenNugget.com has led […]
Belmont Park Parties Like It’s 1776
Strike up the band. Watch the parade, check out the fireworks and bet the horses. This holiday week, Belmont Park will celebrate Independence Day(s) with its Stars & Stripes Festival, Thursday through Saturday, July 4-6, but saves the best for last. Boom, it’s the $1 million Belmont Derby Invitational, the first leg of the newly […]
