Category: Land Based Gaming and Casinos
Washington Sports Betting Could Expand
Washington sports betting is looking to expand beyond the walls of Tribal casinos. For the second year in a row a new bill was introduced in the Senate to bring sports gambling to bettors in venues across the state. The bill would deliver sports betting to licensed card rooms and horse tracks. A similar proposal bill failed last year, but this time supporters say there is bipartisan support for the legislation. Betting on sporting events was finally approved within the borders of the state last year, but only for Tribal Gaming establishments. You can read more about expanding Washington sports…
Alabama Gambling Could Net State $700 Million Annually
Casinos and the lottery are on the radar after a report suggests that Alabama gambling could bring in $700 million for the state each year. Additionally, regulation of the industry could provide an additional 19,000 jobs to the state. Governor Kay Ivey commissioned the report from the Study Group on Gambling Policy. That report was published last month and estimates that the state could potentially take in $300 million annually from the lottery and up to an additional $400 million from the regulation of casinos, with $10 million from sports betting. Alabama’s Constitution currently prohibits the lottery and most other…
Sheldon Adelson Passes Away
Long time online gambling opponent and source of much trouble for our industry, Sheldon Adelson died last night while hospitalized for non-Hodgkin’s lymphoma, an illness first disclosed in early 2019. He was 87. The chairman and CEO of Las Vegas Sands and one of the Republican Party’s major donors, Adelson had recently taken a leave of absence to resume treatment for his illness. He rose from a hardscrabble childhood in Boston to become one of the world’s richest men as founder and CEO of Las Vegas Sands. He was Sands’ first employee, which has now grown to over 50,000 employees….
Sheldon Adelson Takes Medical Leave
In March of 2019, Las Vegas Sands Chairman and Chief Executive Officer Sheldon Adelson announced he was receiving treatment for non-Hodgkin’s lymphoma. Mr. Adelson recently resumed his cancer treatment and will be taking a leave of absence as of today from his role as chairman and chief executive officer of both Las Vegas Sands and Sands China Ltd. The companies’ boards of directors have named Robert G. Goldstein, currently Las Vegas Sands’ president and chief operating officer, as acting chairman and acting chief executive officer of both organizations while Mr. Adelson is on medical leave. Las Vegas Sands is the…
Mirage Las Vegas Closes Midweek
Another Las Vegas resort has joined the ranks of midweek closures. The Mirage Las Vegas shut it’s doors today, ceasing all operations at their casino and restaurants Mondays through Thursdays. Their hotel had already been closed for midweek operations in November. In an announcement, MGM Resorts stated that these closures come as midweek demand has been low due to Coronavirus and the state wide restrictions on large groups. MGM says that they do not anticipate the closures to last beyond February. However, they will “continue evaluating business levels”, leaving the door open for the shut down to last longer. Overall,…
Tribal Gaming Clears Over $34 Billion in America
The numbers are in… and they are staggering, as US Tribal Gaming operators netted $34.6 billion in 2019. Those numbers were reported by the National Indian Gaming Commission and mark a 2.5% jump in revenue. That total was derived from over 500 independent financial statements submitted to the Commission by 245 federally recognized tribes across 29 states. The Commission Chairman said that revenue for 2020 could be in jeopardy, however, due to the Coronavirus pandemic. The reports for 2019 profits were recorded well before the forced closures of commercial and tribal casino operations this year. More about Tribal Gaming profits…




















