New York City-based real estate investment trust VICI Properties announced a deal to buy out MGM Growth Properties, one of their largest competitors. The deal immediately diversifies VICI’s portfolio and will make them the largest landowner on the Las Vegas Strip. VICI properties has made a name for itself acquiring a significant number of properties…
Author: kyle
Louisiana Approves Emergency Sports Betting Rules
The Gaming Control Board approved emergency rules on Thursday that will help bring sports betting to Louisiana as early as next month. Advocates of sports betting will be encouraged by the timing of the decision, as it allows bettors in the state to enjoy sports betting just in time for the start of the 2021…
MGM Resorts Announces Proposal for Japan’s First Casino
MGM Resorts International, one of the world’s largest casino operators, formally proposed a project to build Japan’s first casino on Wednesday. In order for the project to be approved, the proposal must be reviewed by regulatory authorities in Osaka, the city that would become home for the new project. Big-name casino operators have been waiting…
Lawsuit Filed Against Florida Sports Betting Deal
Two parimutuel facilities have officially filed a federal lawsuit in response to a new deal between the Seminole Tribe and the state of Florida. In May, the Sunshine State came to a deal with the Seminole Tribe that set out to bring the largest gambling expansion to the state in over a decade. Under the…
Chicago Bears Strike Gaming Partnership with Stadium Implications
The National Football League’s Chicago Bears announced that they have agreed to make BetRivers the exclusive sportsbook for the team. Officials from both camps believe that the multiyear partnership will prove to be mutually beneficial, as the sports betting industry continues to grow throughout the country. The new deal is one of the many gaming…
Sports Betting and Online Gambling Set to Launch in Connecticut
A new bill legalizing sports betting and online casino gaming won a 28-6 vote in the Connecticut Senate last week. The bill passed with relative ease, after what has been years of debate about the expansion of gaming in the state. The timing of the bill’s passing, however, is unsurprising, given that Connecticut casinos are…
Sweeping changes for Casino Operations in Wake of New CDC Guidance
After more than a year of closures and strict operating conditions, casinos can now see light at the end of the tunnel, thanks to new guidance given by the Centers for Disease Control and Prevention. Since March of 2020, the ongoing Coronavirus pandemic has forced many casinos to close their doors, operate at limited capacity,…
North Carolina Senators Considering Online Sports Betting for Education
Shortly after opening their first brick-and-mortar sportsbooks, North Carolina state legislators are considering a bill that would legalize online sports betting. The proposal of Senate Bill 688 comes in the wake of the economic impact felt from the COVID-19 pandemic and is similar to the measures that other states are taking to help mitigate some…
Ohio Bill Could Bring Summer Sports Betting
Ohio has been mulling over the legalization of a sports betting bill for, and now the state is hopeful that it could launch its first sportsbook as early as this summer. Sen. Kirk Schuring, a Republican from Canton, is responsible for the new bill, which he plans to officially introduce sometime in the month of…
North Carolina Opens its First Sportsbooks
Despite the fact that sports betting legislation in North Carolina passed more than two years ago, its first sportsbook didn’t open until last week. Harrah’s Cherokee Casino and Harrah’s Cherokee Valley opened their respective sportsbooks last Thursday, and residents can finally begin placing wagers. The opening of the first two sportsbooks in the state has…