This Week in Gambling

A group of prominent downtown Vegas casinos has announced a new initiative to accept the Canadian dollar at par with the American dollar. The promotion, which began this week and is scheduled to run through August 31, 2026, aims to reverse a sharp decline in international tourism from the north. The three participating properties are Circa Resort and Casino, The D Las Vegas, and Golden Gate Casino. Under the new At Par program, eligible Canadian visitors will receive one U.S. dollar in value for every one Canadian dollar spent on specific services. This move effectively removes the current exchange rate…

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The Boring Company has announced a major expansion of the Vegas Loop underground transportation system, outlining a multi-phase plan to increase tunnel mileage and vehicle capacity. Company President Steve Davis detailed the roadmap which aims to connect the Las Vegas Strip, downtown, and Harry Reid International Airport through an extensive subterranean network. The expansion is divided into four distinct phases focused on improving connectivity and reducing travel times. Phase 1 recently commenced with limited shuttle service to the airport from existing stations at Resorts World, the Las Vegas Convention Center, Westgate, and Encore. Currently, about 50 trips per day are…

Federal lawmakers have introduced the FULL HOUSE Act, new bipartisan legislation aimed at reversing a recent change to the tax code that limits how much taxpayers can deduct in gambling losses. The Facilitating Useful Loss Limitations to Help Our Unique Service Economy Act was formally introduced in the House of Representatives by Steven Horsford of Nevada and Max Miller of Ohio. The legislation seeks to restore a decades-old tax standard that allowed individuals to deduct 100 percent of their wagering losses against their winnings. This standard was recently altered by a provision in a larger tax reform package which reduced…

Governor Greg Abbott has formally rejected a renewed legislative push to legalize commercial Texas casinos, stating that he remains unconvinced of the benefits such an expansion would bring to the state. In a recent statement addressing the issue, Abbott made it clear that he is not currently prepared to support a constitutional amendment that would allow for the development of destination resorts and casino gambling. The governor cited several concerns as the primary reasons for his opposition, including potential impacts on state culture and risks associated with gambling addiction. He specifically mentioned recent red flags involving sports wagering and the…

Construction of the new Hard Rock Las Vegas has reached a major milestone as the signature guitar-shaped hotel tower surpassed the halfway point of its vertical development. Project officials confirmed this week that crews have completed 28 of the planned 42 stories on the structure rising along the Las Vegas Strip. The progress keeps the massive redevelopment project on schedule for a targeted opening in the fourth quarter of 2027. Hard Rock Las Vegas President Joe Lupo stated that the vertical phase is moving at a steady pace on the former site of the Mirage. The new tower will eventually…