Pandemic helped drive record red-hot numbers for Nevada slot machines

pandemic-helped-drive-record-red-hot-numbers-for-nevada-slot-machines

Slot machines, those ubiquitous devices that generate more revenue than any other games in the casino, are hotter than ever. There are more than 120,000 of them in Nevada at 330 licensed nonrestricted locations, including more than 85,000 of them in Clark County, according to the Nevada Gaming Control Board. That doesn’t even count the…

COVID-19 pandemic helped drive increase in slot machine revenue

covid-19-pandemic-helped-drive-increase-in-slot-machine-revenue

Slot machines, those ubiquitous devices that generate more revenue than any other games in the casino, are hotter than ever. There are more than 120,000 of them in Nevada at 330 licensed nonrestricted locations, including more than 85,000 of them in Clark County, according to the Nevada Gaming Control Board. That doesn’t even count the…

Frankfurt defeated the Rangers in a Shootout to Win Europa League Championship

frankfurt-defeated-the-rangers-in-a-shootout-to-win-europa-league-championship

On Wednesday, May 18th, 2022 the high – powered German club, Eintracht Frankfurt, defeated the Rangers in shootouts during the 2021 – 2022 Europa League Finals. Eintracht Frankfurt’s 42 – year – old wait for that elusive European trophy is now finally over.Huge Save!!!!!!The very important goal – keeper of Eintracht Frankfurt, Kevin Trapp, came…

Gaming Commission approves conditional licensing for Barry Diller

gaming-commission-approves-conditional-licensing-for-barry-diller

The Nevada Gaming Commission on Thursday approved the licensing of IAC-InterActiveCorp, a holding company for dozens of media and internet companies, and the suitability of its CEO, Joseph Levin, as a beneficial owner of MGM Resorts International. But commissioners stopped short of giving full approval to media mogul Barry Diller, an IAC director and a…

Cosmopolitan now officially an MGM Resorts property

cosmopolitan-now-officially-an-mgm-resorts-property

The Cosmopolitan of Las Vegas officially became an MGM Resorts International property Tuesday after the company closed its $1.625 billion deal with the Blackstone Group. The closing has been anticipated for months and picked up steam after three regulatory bodies — the Nevada Gaming Control Board, the Nevada Gaming Commission and the Federal Trade Commission…

A Nevada tax exemption changed in 2007. Real estate deals changed, too.

a-nevada-tax-exemption-changed-in-2007-real-estate-deals-changed,-too.

In 2007, not long before Las Vegas’ frenzied real estate market imploded, Nevada lawmakers approved a seemingly minor tweak to a tax law. The change ensured property owners could use a range of entities when shifting real estate to an affiliate to exempt these transactions from transfer taxes. Since then, the exemption has been cited…

Americans bet $125B on sports since 2018 legalization

americans-bet-$125b-on-sports-since-2018-legalization

ATLANTIC CITY, N.J. — Americans have bet more than $125 billion on sports with legal gambling outlets in the four years since a U.S. Supreme Court ruling cleared the way for all 50 states to offer it. On Saturday’s anniversary of the decision in a case brought by New Jersey, two-thirds of the states in…

Denver Nuggets Nikola Jokic wins NBA MVP helping the NBA grow Internationally

denver-nuggets-nikola-jokic-wins-nba-mvp-helping-the-nba-grow-internationally

On Wednesday, May 11th, 2022 the NBA announced the Denver Nuggets center Nikola Jokic won the 2021 – 2022 NBA MVP for 2nd – consecutive season helping NBA grow internationally. Jokic made it four straight MVPs for foreign – born players of the National Basketball Association.The Runners – Up in NBA MVP VotingThe native of…

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