Category: Land Based Gaming and Casinos
Gambling Opinions Stay Positive in America
A new report shows Americans’ gambling opinions are more positive than ever, as both participation and public acceptance reach record levels. The survey, conducted by the American Gaming Association, found that 57 percent of adults reported gambling in the past year, the highest level recorded to date. About 30 percent visited a physical casino, while 21 percent placed a sports bet. The survey also highlighted growing public acceptance. Ninety percent of respondents said casino gambling is acceptable for themselves or others, and 62 percent said it was personally acceptable. Casino visitation has surged as well, with roughly 53 percent of…
Las Vegas F1 Extends Caesars Partnership to 2030
Las Vegas F1 has secured a long-term commitment from one of its most prominent Strip partners, as the Grand Prix and Caesars Entertainment announced an extension of their partnership agreement through 2030. The renewal ensures that Caesars will remain a core hospitality and event partner for the race as it continues to establish itself as a major fixture on the global Formula 1 calendar. Organizers described the extension as a continuation of the collaboration that helped launch the modern Las Vegas F1 event in 2023. Caesars Entertainment was one of the inaugural partners supporting the race’s return to the Strip,…
Caesars Sets the Betting Pace for F1 Las Vegas
F1 Las Vegas returns this weekend, and Caesars Sportsbook with its William Hill brand are emerging as dominant forces in the betting scene. The sportsbooks have posted aggressive odds, particularly favoring top drivers Max Verstappen, Lando Norris, George Russell and Oscar Piastri. Caesars’ fast-moving offers reflect growing engagement from bettors around the Nevada race. Verstappen is listed at +175, while Norris trails close behind at +230, according to the current odds. George Russell is at +450, with Piastri not far back, underscoring how the sportsbooks anticipate a tight battle at the Circuit of the Strip. Market watchers say the odds…
FanDuel and DraftKings Leave Nevada and AGA
FanDuel and DraftKings are making a major shift in strategy: they are stepping away from Nevada’s regulated sportsbook market in order to focus on prediction markets under federal oversight. The Nevada Gaming Control Board has confirmed that FanDuel surrendered its gaming licenses, and DraftKings withdrew its pending sportsbook applications. The core of the conflict lies in “sports event contracts,” or prediction-market products. Nevada regulators regard these as incompatible with the state’s traditional gaming model, while FanDuel and DraftKings argue that these contracts should fall under the jurisdiction of the Commodity Futures Trading Commission instead of state gaming boards. FanDuel is…
Resorts World Las Vegas Hires Former Governor
Resorts World Las Vegas has appointed former Nevada Governor Brian Sandoval as chairman of its board of directors, marking a significant leadership shift for the Strip property as it continues navigating regulatory scrutiny and organizational changes. Sandoval replaces Jim Murren, who will remain involved with the company as chairman emeritus. The decision follows nearly a year of Sandoval’s service on the board. His background includes terms as Nevada’s governor, attorney general, and chairman of the Nevada Gaming Commission, along with experience as a federal judge. Resorts World Las Vegas executives say his combination of regulatory knowledge and state-level leadership will…
MGM Resorts Profits Plunge for Vegas Properties
MGM Resorts International reported a drop in profits from its Las Vegas operations during the third quarter, as hotel renovations and softer visitor demand slowed performance. The company said net revenue from its Las Vegas properties declined about seven percent to roughly two billion dollars compared to the same period last year. Overall, MGM Resorts posted adjusted earnings of twenty-four cents per share, falling short of analyst projections that averaged around forty cents. Total company revenue increased slightly, rising about 1.6 percent to 4.25 billion dollars, helped by strong results from its China operations, which grew more than seventeen percent…




















