A potentially costly move A number of cities in Southern California have come together to battle against a sports betting proposal. The group of cities believes that the betting initiative could cost as many as 32,000 jobs and eliminate $1.6bn worth of wages to state residents as the proposal would negatively impact the state’s card ...
Possible stoppages The main casino workers union in Atlantic City has warned of a possible labor dispute if there is no agreement on soon-to-expire casino contracts. The current deadline to sign new contracts is May 31. The warning comes at a time that is usually very busy for the region’s casinos; if a labor dispute ...
A significant addition The Gun Lake Casino in Grand Rapids, Michigan is set to get a $300m makeover. There will be a ground breaking on Thursday to mark the beginning of the expansion work that will add a new 15-story hotel with 252 rooms and a 32,000 square-foot aqua dome that will contain three pools. ...
Comprehensive agreement Caesars Sportsbook has partnered with the Indy 500 and the Indianapolis Motor Speedway (IMS). Caesars Entertainment and IMS announced the agreement on Saturday. As part of the deal, Caesars Sportsbook will serve as a sponsor for the year’s remaining IMS races, beginning with the GMR Grand Prix that took place on Saturday. an ...
New partnerships Major League Baseball’s (MLB) Arizona Diamondbacks have entered into a new partnership with Casino Arizona and Talking Stick Resort. The team announced the new deal on Friday, which sees the two casinos becoming its official casino and resort partners. Through the new partnership, the two resorts’ logos will be visible in the team’s ...
Clearing another hurdle Nebraska Governor Pete Ricketts has opened the door to casino gaming in the state. He signed new rules into law on Wednesday, but it will take some time before casinos can actually open for business. The regulations will come into effect from Monday next week, moving the state one step closer to ...
Strong start to 2022 The US commercial gaming market has had an explosive start to the year. The American Gaming Association (AGA) highlighted figures on Wednesday, revealing $14.31bn in total commercial gaming revenue nationwide for the first quarter. It is a new record for the first three months of a year and is close to ...
Investors remain bearish DraftKings’ woes continue as the sportsbook operator’s share price has plummeted to an all-time low. On Monday, the price dropped below the $11 mark for the first time since the company’s stock went public in April 2020. monthly active users growth rose 29% year on year DraftKings posted its Q1 results on Friday, with ...
Wide-ranging deal Caesars Entertainment has officially partnered with Major League Baseball’s (MLB) Chicago White Sox. In the deal announced Thursday, Caesars becomes the exclusive casino partner of the team and Caesars Sportsbook becomes its official betting partner. Caesars will now be able to use the team’s marks and logos. It will also gain exposure through the ...
Serious charges A former Massachusetts Native American tribal leader has been convicted for his role in a casino bribery scandal. The Thursday conviction of the former Mashpee Wampanoag Tribe leader relates to charges of extortion and bribery over a potential casino project. The ten-day trial was due to take place months ago but the COVID-19 ...
