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December 14, 2015

Latest From Our Strategy Experts

December 14, 2015

arrowJohn Robison: Should I redeem a lost slot cashout ticket?

Should I redeem a lost slot cashout ticket?
Finding a $60 slot cashout ticket isn't the same thing as finding three $20 bills on the street. In this week's reader mailbag, John Robison warns that you may get in trouble if you try to claim it as your own.  read more
 

Featured Story

Pennsylvania gambling expansion bill gaining traction

The Pennsylvania House of Representatives passed four amendments to a bill that would expand gambling in the state last week. But one of the amendments, regarding video gaming terminals, may in fact, be a death knell for the bill when the House reconvenes on Tuesday.  read more
Pennsylvania gambling expansion bill gaining traction
 

LAS VEGAS LIFE News

LAS VEGAS LIFE

Uber begins service at McCarran Airport

Last week, the company communicated with drivers that it was allowed to pick up and drop off at the airport. Airport officers had issued about 1,600 citations to Uber drivers illegally operating at the airport since August.  read more

Union calls for contract talks at Trump International

A majority of workers at the Trump International Hotel Las Vegas voted for union representation, setting up potential contract talks between the nongaming hotel owned by Donald Trump and Las Vegas's largest labor group.  read more

NCAA President says organization 'hypocritical' about Las Vegas

The new Las Vegas Arena would be able to handle such events as the men's basketball regional finals, the women's basketball Final Four, the men's hockey Frozen Four or the wrestling championships.  read more

Investor interest in Strip's Alon project may be 'diminishing'

One of the developers of the proposed project is having trouble raising the necessary financing.  read more

LAWS AND REGULATIONS News

LAWS AND REGULATIONS

Big victory for online gambling at RAWA hearing

The only supporters of the Restore America's Wire Act bill at last week's hearing appeared to be House Oversight and Government Reform Committee Chairman Jason Chaffetz and two of his invited witnesses.  read more

Nevada AG describes 'nuances' in his position on RAWA

Nevada Attorney General Adam Laxalt didn't back away from adding his name to a letter circulated by an attorneys general group offering support for federal efforts to restore the Interstate Wire Act back to its pre-2011 interpretation.  read more

CASINO News

CASINO

Cherokee Casino celebrates hotel grand opening

The 170,000 square-foot property and six-story hotel at the Oklahoma casino resort has 120 rooms and brought 300 jobs to the region.  read more

Steve Wynn buys 1 million shares of his company's stock

Wynn spent roughly $63.8 million to acquire more than 1 million shares of Wynn Resorts Ltd.  read more

Fitch: Macau gambling market headed for a comeback

Report says Macau's gaming growth prospects will remain dependent on travel policies and infrastructure, available credit for the VIP segment and domestic policies like the smoking ban.  read more

SPORTSBOOK AND FANTASY SPORTS News

SPORTSBOOK AND FANTASY SPORTS

Sports betting pioneer applies for DFS license

Vic Salerno applied for an off-track, pari-mutuel sports system operator's license for his company, US Fantasy, to be the first to offer betting on fantasy sports contests through Nevada casinos.  read more

SLOTS News

SLOTS

The Reel Life: Trespassing beer edition

An aptly named St. Louis man was taken into custody after breaking into a Budweiser brewery and refusing to leave.  read more

POKER News

POKER

PokerStars responds to boycott

The long-awaited response from PokerStars concerning the boycott by high-volume players was buried within a blog post about the site's other promotions for 2016.  read more

'Poker Night in America' heading to Thunder Valley Casino

The poker television show will film its high-stake cash game at the Lincoln, California casino from Jan. 29-31.  read more

ENTERTAINMENT News

ENTERTAINMENT

Duran Duran to perform at Mohegan Sun

The multi-platinum superstars will take the stage in Connecticut on April 7. Tickets are on sale at the box office and through Ticketmaster and Live Nation.  read more

Did You Know
Did You Know?
An Iraqi man won a $6.4 million lottery in Oregon after purchasing a ticket through an online lottery agent based overseas. He claimed the win on Dec. 1 after winning the jackpot on Aug. 24.
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