Tag Archives Las

Microgaming welcomes Las Vegas-based development studio SpinPlay Games to aggregation platform

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Adding to its world-class lineup of content partners, gambling software company Microgaming has welcomed yet another studio to its aggregation platform after signing an exclusive agreement with Las Vegas-based SpinPlay Games. Founded in 2019 by a team of experienced mathematicians, the up-and-coming developer “focuses on balancing intricate mathematical models with design process and aesthetic ...

Enthusiastic gamblers welcome re-opening Las Vegas Strip casinos

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The almost twelve-week coronavirus-related shuttering of casinos in Nevada ended early on Thursday morning with the re-opening venues along the world-famous Las Vegas Strip reportedly being met by ‘long lines and packed flights’ of gamblers. According to a Friday report from Yahoo! Finance, Nevada Governor Steve Sisolak ordered every one of the 442 commercial ...

Las Vegas Sands Corporation facing Marina Bay Sands probe

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American casino operator Las Vegas Sands Corporation is reportedly facing an official federal probe into whether its Marina Bay Sands venue in Singapore breached anti-money laundering regulations. According to a Thursday report from the Bloomberg news service, the inquiry from the United States Department of Justice was launched after Marina Bay Sands’ former compliance ...

Las Vegas Sands Corporation aborts dividend program amid coronavirus concern

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American casino operator, Las Vegas Sands Corporation, has reportedly announced the suspension of its dividend program for 2019 so as to give it ‘maximum optionality’ in securing returns following the end of the ongoing coronavirus pandemic. According to a Thursday report from the Las Vegas Review-Journal newspaper, the New York-listed firm used an official ...

Casino firms discussing post-coronavirus possibilities for Las Vegas

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Representatives for some of the largest casino operators in the United States are reportedly holding informal meetings in order to discuss possible ways to re-open Las Vegas to gamblers following the conclusion of the ongoing coronavirus pandemic. According to a report from the Bloomberg news service, these deliberations regarding the nation’s top casino destination ...

Credit rating concerns for Las Vegas Sands Corporation

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International credit ratings firm Moody’s Investors Service Incorporated has reportedly announced that it is currently considering whether to lower its financial assessment for American casino giant Las Vegas Sands Corporation. According to a report from GGRAsia, the organization revealed that the review, which is also looking at the Las Vegas-based gambling firm’s Sands China ...

Coronavirus sees Wynn & MGM suspend ops in Las Vegas: temporary closings also in NY, MA, MI, OH and CA cardrooms

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There will be a little less “sin” in Sin City for the foreseeable future after two of the biggest operators in Las Vegas, MGM Resorts International and Wynn Resorts, announced they would be closing their flagship properties in an effort to stem the spread of the coronavirus (COVID-19). According to the Sunday announcement from ...

MGM Resorts International introducing BetMGM to its Las Vegas estate

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American casino operator MGM Resorts International has announced that its nine venues in Las Vegas have begun rolling out the new mobile-friendly BetMGM sportsbetting service so as to give aficionados the ability to place wagers on a wide range of professional and collegiate sporting events. The Las Vegas-headquartered firm used an official Friday press ...

Las Vegas Sands Corporation records mixed fourth-quarter results

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American casino operator Las Vegas Sands Corporation has reportedly announced that it saw company-wide net revenues for the final three months of 2019 increase by 1% year-on-year to $3.51 billion despite chalking up a 0.8% decline in aggregated takings from its properties in Asia. According to a report from Inside Asian Gaming, the Las ...

MGM Resorts Incorporated inks lease-back deals for pair of Las Vegas venues

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After inking a lease-back agreement for its Bellagio Las Vegas venue in October and American casino giant MGM Resorts International has now announced the signing of a similar deal covering its MGM Grand Las Vegas and Mandalay Bay Resort and Casino Las Vegas venues. The Las Vegas-headquartered firm used an official Tuesday press release ...

Las Vegas-based Everi to acquire Micro Gaming Technologies for $25 million

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Everi Payments Inc., a subsidiary of Las Vegas-based gaming equipment producer Everi Holdings Inc. (NYSE: EVRI) has acquired Micro Gaming Technologies Inc., a company that specializes in casino loyalty and marketing software. The small privately held company has since it was incorporated in 1999 been designing and developing applications for the casino industry including ...

Phil Ruffin closing in on Circus Circus Las Vegas purchase

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In Las Vegas and billionaire businessman Phil Ruffin (pictured) is reportedly one step closer to completing his $825 million acquisition of the Circus Circus Las Vegas property after being approved for a license by the Nevada Gaming Commission. According to a Thursday report from the Las Vegas Review-Journal newspaper, the 84-year-old inked a lease-back ...

Wynn Las Vegas preparing for Wynn Signature Series poker tournaments this January

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Known for their quality poker tournaments, the Wynn Las Vegas is preparing for yet another poker series this January. The Wynn Signature Series will kick off on January 15th, offering almost three weeks of quality poker gaming. The series will run through February 2nd, offering over $1.3 million in total guaranteed prize money. The ...