Gaming | Government | IndyBlog
Big changes churn through Nevada casino giants
March 25th, 2019 - 2:15am
Steve Wynn’s sudden exit a year ago from the casino company he founded was the first chapter in what turned out to be a series of shake-ups in the leadership of the Las Vegas casino industry. Four major Strip casino companies – encompassing 23 of the boulevard’s most recognized resorts – are facing varying degrees of uncertainty that have caught the attention of gaming industry followers.
Click here for our wall-to-wall coverage of the 2019 legislative session
Education | Gaming | IndyBlog
Nevada gaming executive indicted in college admissions and bribery scandal
March 12th, 2019 - 10:18am
Longtime gaming executive Gamal Aziz was one of two Nevadans indicted Tuesday in a far-reaching college admissions and bribery scandal. Aziz – who was listed in the complaint by his given name Gamal Adbelaziz – was charged with conspiracy to commit mail fraud and honest services mail fraud as part of the dozens of indictments.
After attorneys raise questions about Adelson's health, company confirms he has non-Hodgkins lymphoma
Congress | Gaming
Wire Act opinion puts future of online gaming in limbo
Gaming Commission assesses Wynn Resorts a record-setting $20 million fine
February 26th, 2019 - 2:47pm
The Nevada Gaming Commission lobbed a record-setting $20 million fine on Wynn Resorts and settled a complaint Tuesday that stemmed from the company’s failure to investigate sexual misconduct allegations against its former chairman and CEO Steve Wynn.
Gaming | Legislature
Gaming companies spent more than $1.6 million on legislators last cycle
Casinos, resorts and industry executives contributed $1.68 million to 59 of the state’s 63 legislators through the 2018 campaign cycle, or about 14 percent of all campaign contributions reported over the last two years. Only three appointees — Assemblyman Greg Hafen and Assemblywomen Rochelle Nguyen and Bea Duran — as well as Sen. Pete Goicoechea, who represents many of Nevada’s rural counties and was not up for re-election in 2018, reported receiving no money from the industry.
Reno casino operators: Market ‘transformed’ and ‘more stable’ as new competition springs up in Northern California
February 5th, 2019 - 2:15am
Potential competition coming from more than $1 billion of Indian casino development in Northern California isn’t causing Reno gaming operator David Farahi to lose any sleep. If he ran a casino in Sacramento, however, Farahi says he would have concerns.
Wynn Resorts agrees to pay fine after acknowledging executives mishandled sexual misconduct complaints against founder
In a pending agreement signed by Nevada Gaming Control Board members on Friday, the company largely agreed to the allegations in the complaint, including that top Wynn employees were aware of allegations that Wynn raped and impregnated an employee who worked at the hotel salon,
Gaming | Government
DOJ issues new opinion on Wire Act, throwing interstate online gambling into limbo
The opinion from the DOJ’s Office of Legal Counsel was obtained and first reported by Online Poker Report, but not posted online by the agency — an apparent side effect of the government shutdown that means the Department of Justice is not updating its websites. It replaces a 2011 opinion and says the Wire Act should apply to forms of gambling beyond sports betting, but the implications remain murky.
Gaming | IndyBlog | State Government
Sisolak appoints Sandra Douglass Morgan to head Gaming Control Board
Gov. Steve Sisolak is appointing Sandra Douglass Morgan as the new chair of the Nevada Gaming Control Board, replacing chairwoman and Republican former state Sen. Becky Harris. In a press release, Sisolak announced that Morgan — a lobbyist for AT&T Services and previously a city attorney for North Las Vegas — would replace Harris when her term ends on Jan. 27, 2019. Morgan was appointed to the Nevada Gaming Commission in April, just a few months after she was appointed to the Nevada Athletic Commission.
Gaming | State Government
Sandoval will take job with MGM Resorts, work on casino company's expansion to Japan
MGM Resorts announced that Sandoval, 55, will be leading the company's “global expansion efforts,” including in Japan, and will focus on state policies on gambling and sports betting. It will mark his first foray in 20 years into the private sector after a succession of prestigious government posts.
Congress | Gaming | Government
Hatch and Schumer unveil bill to regulate sports gambling
Gaming | IndyBlog
AGA: MLB and NBA could see $1.7 billion in revenue from legal sports gambling
October 18th, 2018 - 3:17pm
Major League Baseball and the National Basketball Association stand to make a combined $1.7 billion a year from legalized sports betting according to a study commissioned by the American Gaming Association. The study is the latest from the AGA, which previously released reports that projected that annual revenue for the National Football League and National Hockey League would increase by $2.3 billion and $216 million, respectively, from legal sports gambling.
At this Olympics, housekeepers are the athletes, bed-making and vacuuming are the sports
AGA: NHL revenues could rise by $216 million a year as a result of legal sports gambling
October 3rd, 2018 - 2:00am
Legal sports betting could boost National Hockey League revenues by $216 million a year because of spending from betting operators on advertising and revenue from increased consumption of the league’s media and products, according to a study commissioned by the American Gaming Association (AGA).
Congress | Gaming | Government
House panel sees Congress stepping in to regulate sports betting, protect consumers
September 28th, 2018 - 2:00am
Key House lawmakers said Thursday that Congress may need to act to protect children and consumers from online sports betting, setting up a conflict with gaming industry advocates, including one from Nevada who underscored existing safeguards and the benefits of a state-regulated legal market.
Education | Gaming | IndyBlog
MGM employees will soon be able to pursue online degrees for free at Nevada public colleges
September 7th, 2018 - 11:03am
The Nevada Board of Regents voted unanimously on Friday to approve the MGM College Opportunity Program, which will allow employees of the casino company to be reimbursed for the cost of taking courses in online degree programs provided through the Nevada System of Higher Education (NSHE).
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