$27m in bonuses The Cosmopolitan of Las Vegas rewarded its 5,400 employees with a surprise $5,000 bonus Wednesday. “We know that none of that would have been possible without the hard work and dedication of the resort’s amazing employees, and we are thrilled to recognize those contributions,” said Tyler Henritze, head of strategic investments for private ...
A shooting in Florida Rapper Casanova — real name Caswell Senior — has admitted to a federal court that he shot a man over a gambling dispute in Florida 2020. Senior, 35, came clean about the shooting on Wednesday while also pleading guilty to racketeering and drug trafficking conspiracies before US District Judge Philip M. ...
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 ...
Las Vegas F1 is here to stay The Las Vegas Convention and Visitors Authority (LVCVA) has voted in favor of bringing the Formula One Grand Prix to the world’s gambling capital for at least three years. a $19.5m sponsorship deal with F1 At its Tuesday board meeting, the LVCVA approved a $19.5m sponsorship deal with F1, which ...
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 ...
Sponsorships to end by 2025 Belgium has announced plans to ban nearly all gambling advertising by the end of 2022 and all betting firm-linked sports sponsorships by 2025. introduced the proposal in a draft royal decree The country’s Federal Justice Minister Vincent Van Quickenborne introduced the proposal in a draft royal decree this weekend. Belgium’s Deputy Prime ...