Menixcasino

Caesars Entertainment Announces First US Non-Gaming Hotel, in Scottsdale, Arizona

Casino giant Caesars Entertainment has announced a plan to open its first ever non-gaming hotel on US soil, in Scottsdale, Arizona. An artist’s rendering of Caesars Republic Scottsdale, the casino giant’s first non-gaming hotel venture on US soil. The company’s two properties in Dubai opened at the end of 2018.…

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Mississippi Bill Would Legalize Mobile Wagering, while New York Sports Betting Regs Say No to Online

Six months after it became legal to offer sports betting in Mississippi, at least one lawmaker is prepared to admit the state made a mistake when it drew up its regulations. Mississippi State Sen. Willie Simmons believes his state erred by not including provisions for mobile sports betting, as did…

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Racing Point Teams Up with Sportpesa in Formula One’s First-Ever Gaming Industry Sponsorship Deal

Formula One team Racing Point is shortly expected to announce the first-ever sponsorship deal between a stakeholder in the global motorsport series and a gambling company. Racing Point has a new sponsor, but will it stick with pink? Both F1 and NASCAR have been waking up to the sponsorship opportunities…

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Pennsylvania Casino Market Figures Not So Hot When Adjusted for Inflation

Pennsylvania casinos either enjoyed their best year of all time in 2018 or their worst since 2010, depending on how much of a stickler you are for economics. Pennsylvania’s “record” figures actually suggest the sector has been in decline since 2012, albeit by relatively fine margins. So, could the state’s…

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Connecticut Governor Ned Lamont, State Tribes Hash Out Possible Bridgeport Gaming Options, Controversy Still Swirls

MGM Resort’s proposal to build a large casino in Bridgeport, Connecticut — already opposed by many surrounding towns — is now facing a new challenge, with word that the Constitution State’s new Governor Ned Lamont, only in office two weeks, has reached out to the tribes that operate Foxwoods Resort…

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Casino Stocks Performing Far Worse Than Indexes, But Analysts Remain Bullish on Gaming Industry

Casino stocks have suffered losses much greater than that of many Wall Street general indexes over the past 12 months, but financial analysts remain bullish on numerous gaming companies. Wall Street analysts believe several casino stocks are poised for gains in 2019. (Image: Brendan McDermid/Reuters) The Vaneck Vectors Gaming ETF…

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Derek Stevens Announces Circa Las Vegas Resort and City’s Largest Sportsbook

Derek Stevens, the flamboyant owner of the D Casino and Golden Gate in downtown Las Vegas, unveiled plans this week for a 777-room hotel resort that will be known as Circa. Derek Stevens is bringing Circa to downtown Las Vegas in 2020. (Image: Sam Morris/Las Vegas News Bureau) After months…

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US State Department Ups Travel Warning on China, So How Safe is Macau?

The US State Department has warned Americans to “exercise increased caution” when traveling to China due to a rise in the arbitrary detention of US citizens by Chinese authorities, amid tense relations between the two superpowers. The world’s biggest gambling hub is an autonomous special administrative region of China, with…

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MGM Resorts to Layoff Three Percent of Workforce to Reduce Costs, Increase Earnings

MGM Resorts revealed this week in its “2020 Plan” that it will trim its total workforce by roughly three percent over the next 12 months, which means around 2,100 current staffers will likely be out of a job at this time next year. MGM Resorts CEO Jim Murren says the…

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New York State’s Oneida Nation Forms Sports Betting Partnership with Caesars Entertainment

Caesars has struck a deal with the Oneida Nation to bring sports betting to the tribe’s three Upstate New York casinos later this year. That’s provided the deal is approved by National Indian Gaming Commission (NIGC) and New York signs off some form of wagering regulations in 2019. The Oneida…

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