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May 10, 2021

Latest From Our Strategy Experts

May 10, 2021

arrowJohn Robison: Does the slot machine RNG ever stop?

Does the slot machine RNG ever stop?
When a reader asks if the random number generator in slot machines constantly generates new numbers, even when the machine is not in use, Robison explains that it never takes a break.  read more
 

Featured Story

The Palms in Las Vegas is sold to California tribe

The Palms Casino Resort, located just off the Las Vegas Strip, was sold by Red Rock Resorts to the San Manuel Band of Mission Indians last week. The transaction is expected to close later this year.  read more
The Palms in Las Vegas is sold to California tribe
 

CASINO News

CASINO

Resorts World will be “crypto friendly”

Resorts World, set to open in June, will be one of the most crypto-friendly resorts on the Las Vegas Strip, welcoming guests to use the Gemini crypto wallet.  read more

Century Casinos extends casino closures in Poland

Century Casinos announced last week that its Polish casinos will remain closed through 6 June, after originally announcing they would reopen 8 May.  read more

SLOTS News

SLOTS

April jackpots at The Venetian Las Vegas

The month proved to be very lucky for guests of The Venetian in Las Vegas as the casino paid out more than $4.5 million in slot jackpots.  read more

SPORTS News

SPORTS

Iowa sportsbooks slow in April

Iowa sportsbooks took $118.4 million in bets in April, down 26.7% from the record $161.4 million in March and the lowest volume since December.  read more

Kentucky Derby winner fails post-race test

If the findings are upheld, Medina Spirit's victory in the Kentucky Derby on 1 May will be invalidated and Mandaloun will be declared the winner.  read more

Illinois sportsbooks enjoy best month in history

Spurred by March Madness, betting at Illinois sportsbooks surged to $633.6 million in March, up 24.3% from $509.8 million in February and topping the previous record of $581.6 million in January.  read more

Summer harness racing returns to Hawthorne Race Course

On Friday, Standardbred race horses returned to the track for a summer of live harness racing. “Chicago's hometown track” will host racing every Friday, Saturday and Sunday night beginning at 7 p.m.  read more

NJ sportsbook revenue declines in February

New Jersey's sports betting revenue dropped by over 44% month-over-month in February 2021 to just $46.21 million, compared to January's record high of $82.64 million.  read more

Genius Sports acquires FanHub

As part of the transaction, Genius Sports also acquires FanHub's suite of free-to-play games, including fantasy sports, trivia, bracket challenges, pick'em, and polling games.  read more

LAS VEGAS LIFE News

LAS VEGAS LIFE

TWiG: Las Vegas comeback

J. Todd discusses how Nevada casinos and other establishments should continue to see a strong rebound as more workers and residents receive vaccinations.  read more

Caesars Palace buffet to reopen

Bacchanal Buffet at Caesars Palace redefined the buffet experience when it opened in 2012. Now, following more than a year of renovation, the award-winning buffet will reopen on Thursday, 20 May.  read more

Wynn Resorts brings nightlife experience to Allegiant Stadium

Wynn Field Club will be situated at field level and span the entire length of the north end zone, offering ticketed guests an “upgraded high-energy nightlife experience” inside the home of the Las Vegas Raiders.  read more

Tiki bar coming to Ellis Island Casino and Brewery

The Front Yard at Ellis Island Casino & Brewery will be transformed into a tiki bar escape, called The Island at Ellis, running for one month only, from 3 June to 4 July.  read more

ENTERTAINMENT News

ENTERTAINMENT

Dave Chappelle adds another Las Vegas show

Due to popular demand, a second show has been added for Dave Chappelle and Friends at the MGM Grand Hotel & Casino Las Vegas Garden Arena on Saturday, 3 July.  read more

Mike Epps to perform at The Venetian in Las Vegas

The actor and comedian will perform at The Venetian Las Vegas for two nights of stand-up comedy over Labor Day weekend Saturday, 4 September and Sunday, 5 September.  read more

Rise Against to hit the Las Vegas Strip

The Cosmopolitan of Las Vegas welcomes Rise Against to The Chelsea for the band’s Las Vegas stop on its Nowhere Generation Tour on Friday, 20 August.  read more

Did You Know
Did You Know?
Last week, Governor Tom Wolf announced that casinos in Pennsylvania will be able to move to 100% capacity as of Monday, 31 May.
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243 Mexicana
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