Riviera $120M Land Sale Scrapped, Developer Cites Rising Interest Rates

The $120 million agreed-upon transaction between Chilean billionaire Claudio Fischer and the Las Vegas Convention and Visitors Authority (LVCVA) has been abruptly yanked off the table. The two sides in October 2021 announced their tentative deal for the LVCVA to sell about 10 acres of undeveloped land where the Riviera stood for 60 years. The […]

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Las Vegas Entertainment Company Spiegelworld Buys California Town

Spiegelworld – the Las Vegas producers of “Absinthe” at Caesars Palace and other adult-themed circus extravaganzas – has purchased the California town of Nipton. Nipton isn’t that big, about 80 acres in total. But that meant it wasn’t that expensive, either. Speigelworld acquired it for $2.5 million in cash several months ago, according to a […]

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Analyst: Macau Casinos Dealt Problematic Hand With Nongaming Obligations

The 10-year gaming concessions that the six Macau casino operators agreed to in November came with conditions that could render the market less attractive. That’s according to Ben Lee, a leading gaming analyst who is focused on Asia markets. Macau and its six casino licensees — Sands, Galaxy, Melco, SJM, Wynn, and MGM — agreed […]

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Lottery Winner Who Left Prize Check in Shopping Cart Traced Via Social Media

A British lottery winner named “Barry” who inadvertently left his winnings inside a Tesco supermarket shopping cart has been traced and reunited with his windfall. The elderly winner, who prefers to remain anonymous, unwittingly became the subject of a social media hunt this week. That’s after honest citizen Richard Haslop, from Cambridge, England, discovered the […]

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Off-Strip Stabbing Leads to Man’s Death in Las Vegas, Suspect Is a Child

An adult in his 40s died Monday night after a child allegedly attacked him with a knife near the Las Vegas Strip. The man was trying to break up a fight between his girlfriend’s two children when he was seriously slashed in an apartment. Las Vegas Metropolitan Police Department (LVMPD) officers responded. They gave initial […]

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Uruguay To Have New $22M Casino Resort in City of Paysandú

Latin America’s gaming industry is becoming one of the biggest drivers of the region’s economy, and Uruguay is catching on. While there are a number of gambling halls, there are currently just four casinos, but that will soon change. The President of Uruguay, Luis Lacalle Pou, signed a decree on December 28 that enables the […]

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Arsenal Now Favorite with Some Sportsbooks to Win Premier League

Arsenal extended their lead at the top of the English Premier League on New Year’s Eve. They did so with a rampant 4-2 win at Brighton, a club that has been something of a bogey team for the Gunners in recent years. But not for the 2022-23 version of Arsenal, apparently. And the bookies are […]

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UK Cops to Screen Suspects for Problem Gambling to Understand Crime Impact

Police departments in England and Wales are ramping up gambling addiction screening of suspects in an effort to better understand the impact of the disorder on criminal behavior. Ten departments are currently quizzing detainees on their gambling habits, while an additional seven will implement similar policies in 2023, The Observer has learned. That’s in addition […]

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Texas Gambling Future Likely Up to Lt. Gov. Dan Patrick As Legislature Begins Session

Texas’s politically powerful Lt. Gov. Dan Patrick, R, continues to have strong influence over whether expanded gambling could move forward in the Republican-dominated state senate. Patrick is said to run the Senate chamber with an iron fist. The next session begins on January 10. “The creation of destination casinos rests with … Dan Patrick, whose […]

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Minnesota Timberwolves Begin New Year Amidst Skid, Consider Lineup Change

The Minnesota Timberwolves lost six games in the row, but enter 2023 with a specific goal to end their losing streak and regain control in the second half of the season. With a 16-21 record, the Timberwolves are in 11th place in the Western Conference standings. If the season ended today, they would bubble the […]

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