EQUITY GAMBLING BILL SNUFFED OUT IN NEVADA HOUSE LEGISLATIVE COMMITTEE (Update)

21st May, 2013 at 04:12:21
Nevada House snubs Senate bill

A controversial bill designed to allow group or "equity" wagering through Nevada bookies (see previous reports) has been effectively snuffed out by the Nevada House of Assembly's Judiciary Committee despite passing through the state Senate on a unanimous vote with just one abstention.

Full Story: Equity Gambling Bill Snuffed Out In Nevada House Legislative Committee (update) »

ARISTOCRAT CRACKS FINAL NEVADA LICENSING APPROVAL (Update)

17th May, 2013 at 16:56:59
Aussie manufacturer and developer now licensed as an interactive gaming equipment manufacturer.

Just over two weeks ago the Australian gambling equipment and games developer Aristocrat Technologies, along with Pinnacle Entertainment and GambleID, achieved the first important step in acquiring a Nevada online gambling licence when they were approved by the Nevada Gaming Control Board (see previous report).

Full Story: Aristocrat Cracks Final Nevada Licensing Approval (update) »

WILL HILL INCREASES U.S. SPORTS BETTING FOOTPRINT

17th May, 2013 at 04:03:15
Deal with Fifth Street Gaming will see sports book action from new Las Vegas land casino

The British online and land gambling group William Hill plc has increased its US sports betting footprint following a deal with Fifth Street Gaming that will see it provide the American operator with a sports book for use inside the new Downtown Grand Casino and Hotel in Las Vegas.

Full Story: Will Hill Increases U.s. Sports Betting Footprint »

WILL HILL TO OPERATE RACE AND SPORTSBOOK AT NEW LAS VEGAS CASINO

15th May, 2013 at 09:07:37
Downtown Grand casino scheduled to open in September 2013

William Hill U.S. has struck a long-term agreement with Fifth Street Gaming, the developer and operator of the soon to open Downtown Grand Casino in Las Vegas.

Full Story: Will Hill To Operate Race And Sportsbook At New Las Vegas Casino »

IOVATION NOW THE SUBJECT OF A NEVADA REGULATOR ENQUIRY (Update)

14th May, 2013 at 14:27:30
Youtube can-of-worms recording not good for founder Greg Pierson

Repercussions are still building from the publication on Youtube over last weekend of a damning 2008 recorded discussion between UltimateBet executives and their lawyers on the hole card cheating scandal at the now defunct online poker site (see previous reports).

Full Story: Iovation Now The Subject Of A Nevada Regulator Enquiry (update) »

PROBLEMS AHEAD FOR NEVADA'S 'GROUP BETTING' PROPOSAL (Update)

11th May, 2013 at 03:57:52
Nevada Gaming Control Board chief has some reservations.

Nevada bill SB346, which proposes allowing private equity companies to place large 'group' or 'equity' bets on sports events through Nevada bookies (see previous reports) may have sailed through the state Senate, but it could face a more difficult passage through the House.

Full Story: Problems Ahead For Nevada's 'group Betting' Proposal (update) »

ULTIMATE POKER GROWING IN FIRST WEEK OF OPERATIONS IN NEVADA

07th May, 2013 at 06:31:12
Independent poker monitor reports that the first US-legalised online poker site is performing better than expected.

Following a week of excitement and mainstream media headlines, the first legalised online poker site to launch in the United States - Ultimate Poker - appears to be settling down and building good business.

Full Story: Ultimate Poker Growing In First Week Of Operations In Nevada »

INTERACTIVE OPERATIONS THE BRIGHT SPOT IN CAESARS WEAK RESULTS

03rd May, 2013 at 13:04:14
CIE delivers a 25.2 rise in revenues

The lacklustre Q1-2013 from American land gambling giant Caesars Entertainment this week - company revenues sank a further 2.9 percent - formed the backdrop for one of the few bright spots in the report - improved performance from the group's online division, Caesars Interactive Entertainment.

Full Story: Interactive Operations The Bright Spot In Caesars Weak Results »

MGM TAKING A CAUTIOUS LINE ON INTERNET POKER IN NEVADA

02nd May, 2013 at 16:44:22
State may be too small to provide a lucrative online market on a standalone basis.

Whilst Ultimate Gaming has jumped right in to online poker operational activity in Nevada this week (see previous reports), land gambling giant MGM Resorts International is taking a more cautious line.

Full Story: Mgm Taking A Cautious Line On Internet Poker In Nevada »

MAJOR ATLANTIC CITY CASINO READY TO JUMP INTO ONLINE GAMBLING

25th April, 2013 at 04:21:22
Borgata executives say internet operations will complement the land gambling business

Executives from the Borgata land casino in Atlantic City and its parent group, Boyd Gaming, told reporters Wednesday that they are keen to enter the legalised online gambling market in New Jersey once regulations have been finalised and preparations are completed.

Full Story: Major Atlantic City Casino Ready To Jump Into Online Gambling »

CAESARS TO SPIN OFF INTERACTIVE ARM

24th April, 2013 at 03:26:34
Move to be executed through new Caesars Growth Partners

The debt-burdened Las Vegas land gambling giant Caesars Entertainment (which reportedly has debts exceeding $24 billion) is to spin off its successful online division, Caesars Interactive Entertainment, to a new and separate company titled Caesars Growth Partners, the Wall Street Journal reported Tuesday.

Full Story: Caesars To Spin Off Interactive Arm »

NEVADA BILL ON ELECTION BETTING MAKES IT THROUGH THE STATE SENATE

24th April, 2013 at 03:26:34
14-7 vote progresses SB 418 to the House

Nevada bill SB 418, which legalises betting on federal elections (see previous reports) made it through the state Senate Tuesday on a 14-7 vote and is now on its way to the House.

Full Story: Nevada Bill On Election Betting Makes It Through The State Senate »

KONAMI GAMING APPOINTS FORMER WMS SALES EXEC

17th April, 2013 at 16:06:36
Nevada and Western Canadian focus

Konami Gaming Inc. has announced the appointment of Mark Morton as regional sales director, corporate region, tasked with managing and developing sales opportunities for Konami's Games business in Nevada and Western Canada.

Full Story: Konami Gaming Appoints Former Wms Sales Exec »

BIG MONEY IN ATLANTIC CITY INTERNET GAMBLING

16th April, 2013 at 10:19:07
Land casino owners can look forward to a bonanza from introducing online gambling operations

Atlantic City's land casinos can anticipate gross gambling yield of up to $262 million in the first full year of online gambling legalisation in New Jersey, reports the industry research and consultancy firm GamblingData.

Full Story: Big Money In Atlantic City Internet Gambling »

GOOD FEBRUARY FOR LAS VEGAS STRIP

11th April, 2013 at 09:14:36
Baccarat players help produce the best monthly revenues since end-2007

Atlantic City revenues may be waning, but in February 2013 those in Nevada definitely waxed, according to official statistics which show that GGR rose 15.1 percent to $1.073 billion.

Full Story: Good February For Las Vegas Strip »

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