NFL Deal with 888

Over 45 Million Americans to Bet on NFL Games

A record 45.2 million Americans (18%) plan to bet on NFL games this season, according to research released today by the American Gaming Association (AGA). Compared to last year, 36 percent more Americans will place a bet on the league’s games this season. The sharp rise in betting plans this year can be traced to the expansion of legal sports betting options and increased enthusiasm overall for the upcoming season. Fans in 18 states and Washington, DC had access to operational, legal sports betting at the start of the 2020 season. As the 2021 season kicks off, Americans will be…

Cosmopolitan Las Vegas Up for Sale

The Blackstone group is once again looking to the sell their Cosmopolitan Las Vegas property. And all you need to add this resort to your portfolio is a meager $5 billion… maybe more. It’s being reported that Apollo Global is exploring an offer. Another potential partner is MGM Resorts International. However, representatives for Blackstone, Apollo and MGM all declined to comment. Blackstone, the New York-based investment firm, tried two years ago to find a buyer at $4 billion or more. Prices for Las Vegas casinos have continued to rise despite the pandemic as real estate investment trusts purchase properties and…

US Gambling Revenue Sets $4.83 Billion Record

US gambling revenue can be tracked using the Commercial Gaming Revenue Tracker from the American Gaming Association’s (AGA). It features state-by-state and nationwide financial performance data with breakdowns for individual gaming verticals. The commercial gaming sector’s record-setting run continued into July as gaming revenue from traditional casino gaming, sports betting, and iGaming, reached $4.83 billion – surpassing May as the industry’s highest grossing month ever. Revenue was up 29.6 percent compared to the same month in 2019. The return of summer leisure travel propelled US gambling revenue in July. The month also benefited from a favorable calendar, which included five…

888 Interested in William Hill’s Non-US Holdings

UPDATE: 9th September, 2021 – In a press release, Caesars has announced an agreement with 888 Holdings to sell it’s the non-US assets of William Hill for $3 billion. After their payment on existing debt, Caesars should net about $1.2 billion. It wasn’t too long ago that William Hill’s American holdings were purchased by Caesars Entertainment. That deal left the company’s non-US assets up in the air, but perhaps not for much longer. 888 has confirmed that they are in “advanced” discussion with Caesars about purchasing what’s left of William Hill’s properties not in the US. However, they are facing…

Main Street Station to Finally Reopen

It’s been fifteen months since Main Street Station in downtown Las Vegas closed for the pandemic. And now, finally, the property is set to welcome guests back once again. The venue has a casino floor that’s 27,000 square-feet and boasts more than 400 hotel rooms. September 8th is the target date put in place by owners Boyd Gaming. The casino and hotel will return to full 24 hour a day operation for the first time since the doors closed in March of 2020. Most other resorts owned by Boyd have already re-opened, with the exception of the Eastside Cannery. In…

Las Vegas Sports Teams Stick to Covid Policy

Las Vegas sports teams, including the NFL’s Raiders and the Golden Knights professional hockey team, are maintaining their Coronavirus vaccination policies in place. And that means all fans will have to show proof of a Covid vaccination to enter the teams home games. These announcements should not come as a surprise, given the direction of the state’s health situation and mandate of Nevada Governor Steve Sisolak about large events. And in this particular case, it’s more of a “pick your poison” type of situation. To explain, the Governor said that events have but two options: 1) Require all fans to…