Caesars has announced that they will sell their Harrah’s Reno Hotel and Casino to an affiliate of CAI Investments for $50 million. Caesars will continue to operate the property until the second half of 2020, a time during which it will continue to be part of the Caesars Rewards network. The property will apparently be developed into a non-gaming 20-story boutique hotel and mixed-use development. “We recognize the long legacy of Harrah’s in Reno, where the brand began 82 years ago and our role in the community. We are pleased the Buyer (CAI Investments affiliate) is committed to the community…

Mandalay Bay and MGM Grand Sold: MGM Growth Properties and Blackstone Real Estate Income Trust, Inc. have announced they have entered into a definitive agreement to form a new joint venture to acquire the Las Vegas real estate assets of the Mandalay Bay and MGM Grand for $4.6 billion. In addition, BREIT will purchase $150 million in MGP Class A shares. MGP will own 50.1% of the joint venture, and BREIT will own 49.9%. At closing, MGM Resorts International will enter into a long-term triple net master lease for both properties and provide a full corporate guarantee of rent payments….

Three of the most powerful Oklahoma Tribal Gaming interests have filed a federal lawsuit against the state’s governor. The Cherokee, Chickasaw and Choctaw nations are asking that the court to help to resolve a dispute over gambling at casinos on their lands. The tribes would like a federal judge to determine whether the state compacts automatically renewed on January 1st for another 15-year term of Governor Kevin Stitt. The tribes contend all the conditions have been met for the compacts to renew. “For some time, we have tried to establish meaningful intergovernmental engagement regarding our gaming compacts, but you have…

We talk about current Las Vegas Virtual Reality Games and the future of VR casino games with Chris Crescitelli of DreamlandXR. Discussion includes PokerStars VR as well as virtual reality games for casino in general. We also mention current VR Las Vegas locations. Walk into the Linq and you might not immediately realize you just stepped into a casino. Instead, you’ll stumble across a series of Virtual Reality Games in Las Vegas, complete with leather couches, big-screen TVs, Xbox Ones and Oculus Go VR headsets. The Caesars officially unveiled VR Adventures at the Linq, this month, but had been working…

The Bureau of Gambling Control have proposed new California card rooms rules that have many of the establishments saying they will be forced to close if they are enforced. California has over 70 card rooms, many in urban centers where tribal casinos don’t operate. In addition to poker, these clubs also operate pai gow poker, blackjack and baccarat.  If new rules proposed by the state Bureau of Gambling Control are adopted, card room operators say, playing the games will be so complicated, players will go to tribal casinos that aren’t bound by such rules. The bureau has been holding hearings…

The Tetris Extreme slot is ready for delivery! And Scientific Games has kept the familiar look and feel of the player favorite Tetris game! Tetris Extreme re-imagines the popular video game, remaining true to it’s timeless look and feel, with the added win potential and anticipation of a slot game. Colorful Tetriminos and Line Clears remain at the core of the game, along with increasing multipliers and the addition of a Free Falls Bonus. Dylan Slaney of Scientific Games digital group, said: “Tetris Extreme Mega Drop brings to life the beloved global video game brand as a high-quality slot game…