Nevada sportsbooks enjoyed a record March, once again helping to alleviate concerns that the spread of legalized sports betting might have a negative effect on existing operations in the Silver State.
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It's been almost twenty years since the Palms Casino and Resort opened in Las Vegas and, before the iconic attraction can reach the two-decade milestone, it's already up for a major update.
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The boys of summer are back, and with a new Major League Baseball (MLB) season comes a summer of betting on the games. Now, happily coinciding with the first few games of the season, a 34-year-old betting ban has been dropped.
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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 announced by the U.S. Attorney in Massachusetts.
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Customer wins saw Nevada sports betting revenue fall in January, despite amounts wagered reaching a record $497.0m.
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For one reason or another, skill-based games, esports and Bitcoin have yet to meet expectations of experts in Nevada. That admission comes from a couple of top Las Vegas authorities, as reported by the Las Vegas Review-Journal.
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The idea of gaming and hospitality researchers preparing a report for the NFL may seem odd, especially given the NFL’s longstanding public disdain for sports betting. But questions involving tourism, sports betting, and the Las Vegas community are well within the Gaming Institute's wheelhouse.
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