Page 737 CDC Gaming Reports
Pechanga Resort Casno Settng June 1 Target ReOpenng Date
Posted on July 10, 2020 by Cory - Other
The majority of Nevada's limited gaming industry (places with 15 or fewer slot machines) will close on Friday night, per the governor's directive following a surge in COVID-19 cases.
At a press conference in Carson City late Thursday afternoon, Governor Steve Sisolak said bars in certain counties, including Clark and Washoe Counties, which include the Las Vegas Valley and Reno, will be closed due to "excessive non-compliance" shown recently by both bar owners and patrons to the state's coronavirus health safety protocols and guidelines.
In addition, restaurants and taverns must close bar areas and limit dine-in capacity to 50%. The majority of limited gaming establishments, such as bars, taverns and restaurants, have slot machines installed on the bar tops.
The directive is expected to be officially announced on Friday, but Sisolak spokeswoman Megyn Delaney confirmed Thursday that bars in Nevada resort casinos in counties affected by the directive must also close.
"Bars in casinos in counties that are forced to close will have to close. "Customers can drink alcohol in restaurants, but they cannot drink alcohol in casino bars.
Many casino bars, especially local gaming establishments, have slot machines built into the bar tops.
Nevada has about 2, 000 restricted gaming establishments, including taverns, bars, restaurants, grocery stores, drug stores, and convenience stores, and according to the Gaming Control Board's quarterly report released on March 31, these establishments operated a total of 19, 054 slot machines statewide.
These establishments are not taxed on gaming revenues, but pay quarterly and annual fees based on the number of slot machines they operate.
These establishments primarily target local customers.
Nevada has seen a surge in COVID-19 cases over the past month, as well as rising test positivity rates and hospitalizations.
Sisolak said discussions with state and federal health officials led him to back away from some of the phased reopenings.
"Regarding Nevada's data, and with reference to data from other states, representatives of the federal government do not take prompt policy measures to prevent Nevada from the spread of COVID-19. In the future, he advised Sisolak that the hospital would be more likely to fall into an unstable state that would overflow in patients, "said Sisolak.
Inspections by an OSHA inspector in Nevada revealed that only half of the observed bars had complied with the state safety and health guidelines.
In addition to deregulation of bars in a specific county, all restaurants (all facilities that have been approved for beer brewery, distillery, winery, and other foods) are 6 or more indoors and outdoors. You can't have a party.
"It's not easy to make such a decision, nor I make a light decision." On e-fifth of the company visited by OSHA inspectors does not comply with our measures.
Nevada entered the second stage of the economic recovery at the end of May, and the gaming, which is a restricted place and part of the resort casino industry, is a strict protocol to keep health, safety, cleaning, and social distance. It was resumed on June 4.
Many restricted gaming license holders have games between games in a larger bar to operate the maximum number of games, add prexass glass between games and games, and are frequent in machines and game areas. He took measures to comply with health and safety orders, such as conducting cleaning.
Despite these measures, new COVID-19 infected people have continued to increase. On June 29, Sisolak issued a new command and announced that it will continue to use the second stage until the end of July, and will be obliged to use face covers and masks in public places, including casinos and other gaming facilities.
Last week, according to the Gaming Control Board, the board's executive agency had 111 regulations related to no n-compliance with the board's health and safety policies. It also announced that it has been conducting 1, 453 cases for no n-restricted licensees and 6, 008 tests for no n-restricted licenses and restricted licensei. < SPAN> "Nevada's data and other states, and representatives of the federal government must take quick policy measures to prevent Nevada from the spread of COVID-19. In the near future, he advised Sisolak that the hospital would be more likely to fall into an unstable state that would overflow in patients, "said Sisolak.
Inspections by an OSHA inspector in Nevada revealed that only half of the observed bars had complied with the state safety and health guidelines.
In addition to deregulation of bars in a specific county, all restaurants (all facilities that have been approved for beer brewery, distillery, winery, and other foods) are 6 or more indoors and outdoors. You can't have a party.
Resorts World Las Vegas president says incentives needed for casinos to lure customers today
Posted on July 10, 2020 by Cory - Other
Nevada entered the second stage of the economic recovery at the end of May, and the gaming, which is a restricted place and part of the resort casino industry, is a strict protocol to keep health, safety, cleaning, and social distance. It was resumed on June 4.
Many restricted gaming license holders have games between games in a larger bar to operate the maximum number of games, add prexass glass between games and games, and are frequent in machines and game areas. He took measures to comply with health and safety orders, such as conducting cleaning.
Despite these measures, new COVID-19 infected people have continued to increase. On June 29, Sisolak issued a new command and announced that it will continue to use the second stage until the end of July, and will be obliged to use face covers and masks in public places, including casinos and other gaming facilities.
Last week, according to the Gaming Control Board, the board's executive agency had 111 regulatory projects related to no n-compliance with the health and safety policy. It also announced that it has been conducting 1, 453 cases for no n-restricted licensees and 6, 008 tests for no n-restricted licenses and restricted licensei. "Regarding Nevada's data, and with reference to data from other states, representatives of the federal government do not take prompt policy measures to prevent Nevada from the spread of COVID-19. In the future, he advised Sisolak that the hospital would be more likely to fall into an unstable state that would overflow in patients, "said Sisolak.
Inspections by an OSHA inspector in Nevada revealed that only half of the observed bars had complied with the state safety and health guidelines.
In addition to deregulation of bars in a specific county, all restaurants (all facilities that have been approved for beer brewery, distillery, winery, and other foods) are 6 or more indoors and outdoors. You can't have a party.
"It's not easy to make such a decision, nor I make a light decision." On e-fifth of the company visited by OSHA inspectors does not comply with our measures.
Nevada entered the second stage of the economic recovery at the end of May, and the gaming, which is a restricted place and part of the resort casino industry, is a strict protocol to keep health, safety, cleaning, and social distance. It was resumed on June 4.
Many restricted gaming license holders have games between games in a larger bar to operate the maximum number of games, add prexass glass between games and games, and are frequent in machines and game areas. He took measures to comply with health and safety orders, such as cleaning.
Despite these measures, new COVID-19 infected people have continued to increase. On June 29, Sisolak issued a new command and announced that it will continue to use the second stage until the end of July, and will be obliged to use face covers and masks in public places, including casinos and other gaming facilities.
Last week, according to the Gaming Control Board, the board's executive agency had 111 regulatory projects related to no n-compliance with the health and safety policy. It also announced that it has been conducting 1, 453 cases for no n-restricted licensees and 6, 008 tests for no n-restricted licenses and restricted licensei.
"Failure to comply with federal, state or local laws or health and safety policies is a violation of Nevada Gaming Commission Rule 5. 011.
Deal between BetMGM and Denver Broncos includes stadium lounge, mobile game
Posted on July 10, 2020 by Cory - Other
Posted on July 10, 2020 by Cory - More
The president of Resorts World Las Vegas said casino properties need to offer more incentives to attract more customers in this COVID-19 era, and outlined how the company is taking a different approach to reward loyal customers when the $4. 3 billion, 3, 500-room property opens in summer 2021.
Scott Sibella, former president of MGM Grand Co., said at the ICE North America conference on Thursday that he and his staff are working to improve the experience of the 10-year-old casino resort. He told his online audience that he is excited about the opening of the newest integrated resort of the year, and that it will be "special for the city of Las Vegas."
Sibella said what's happening in Las Vegas since the June 4 reopening is that "loyal casino customers" are coming back, and the next phase will be "leisure drive-in customers" from Southern California.
"Casino customers will accept that things won't be as they were before and that things will be closed as long as the casinos are open," Sibella said. "I think casino properties now have to give great incentives to attract customers, hopefully offering creative soft-cost giveaways and incentives and moving away from hard costs. We don't want to go after premium customers by offering discounts or heavy promotions."
Sibella said Resorts World takes a different approach to customer return than Las Vegas' traditional approach. Instead of a player loyalty base, Resorts World has a guest loyalty base. "I think it's important for all segments to have some sort of loyalty base, not just casino customers. It's about the guest loyalty base and making it meaningful and making them feel valued and recognized."
Sibera said that the ratio of gaming income in Las Vegas is decreasing year by year, and this trend will continue. "In Las Vegas, profits other than gaming are growing rapidly, and we believe it is important to use it and treat it in the same way as gaming customers. We have a different approach. Gaming customers are always important, but we want everyone to have some loyalty and get the incentive. No. "
Sibera hopes that COVID-19 is no longer a problem when the resort World opens next summer, but the staff is preparing in case that happens. It is easier to adjust before opening, and the biggest focus is the quality of the air. The highest priority is to maintain the best air environment not only in casinos but also in guest rooms.
Severa says that the resort world's casino design is a barre l-shaped ceiling and has no cover in the table game area, so it is easy to add a table pit or move a slot machine.
"Hardness and safety are where everyone pays attention, even if they overcome this problem," says Sibera. "We are thinking about how to make this facility safest or better than anyone. Make it the safest place in a property that has not yet opened. Is easy. "
Sibera said it was important to let customers come to Las Vegas to know that safety is important. I didn't tell the details, but technology helps that help. "We talk about technology, but this industry is not known in technology." We are trying to make this facility full of technology and innovation. We make a reservation. From the time, we want to understand the guests different from the other and talk to customers in a different way.
Convention business is the biggest hit by COVID-19 and is now limited to 50 rally. Even the Global Gaming Expo, which was scheduled for October, was canceled. Other conventions are expected to last all over 2020 and perhaps 2021.
Bally’s Las Vegas to become Caesars’ fifth Strip property to fully reopen on July 23
"We are learning that we have to take a very flexible and transparent response to group planners," says Sibera. "Several incentives may be necessary, but what is important is that it is based on safety concerns and whether there is a government guideline in the future. If such a conference is back, what are the participants? We are looking for a different world from the past. We made some large boxes here, but we are carefully observed for 50 % of the operating rates. I'm going to watch it and decide how to deal with what is happening in today's world. "
Posted on July 10, 2020 by Cory - Others
Mobile gambling platform BETMGM and NFL's Denver Broncos have announced a mult i-year partnership on Thursday.
BETMGM, a joint venture of MGM Resorts and the United Kingdom's hea d-based GVC Holdings, has started sports gambling in Colorado, partnership with Midnight Rose Hotel & Casino in Krupur Creek. In Colorado, where Sportsbetting was legalized on May 1, BETMGM mobile apps can be downloaded.
With a contract with Bronkos, the Bet MGM is the official NFL franchise's official sports betting partner, and the game company can provide a premium fan experience. This partnership includes free mobile games, digital marketing assets, promotions and signs in stadiums.
"BETMGM's highest marketing manager, Matt Prevel, said," Introducing not only the BETMGM sports betting gaming platform, but also the Worl d-class entertainment experiences provided by MGM Resorts. "We are excited to bring both Mile High Stadium Empowerfields and Broncos fans in the United States while providing new methods related to their favorite football team. I am "
The contract is the same as other contracts connected between Sports Betting Business and Professional Sports Team. NFL has a partnership between DRAFTKINGS and Daily Fantasy, and Caesters Entertainment connects a casino partnership without sports betting with the league.
Last month, Broncos announced a mult i-year contract with FANDUEL as the "Official Sports Betting Partner and Official Daily Fantasy Partner."
In the statement, Denver Broncos's chief commercial officer Mac Freeman said in a statement, "When we started the process of identifying partner candidates in this category, our goal is unique to Broncos fans in sportsbetting. It was to provide a method. "
In BetMGM Lounge, fans over the age of 21 can use ful l-service premium bars, luxury lounges, live odds, and BETMGM mobile apps. Promotions in the stadium are also planned, led by the First Possession Payoff during the Bet MGM season.
On Wednesday, BETMGM's parent company Roar Digital announced that MGM and GVC have promised to invest in the second round of sports betting and Igaming business. The total investment is currently $ 450 million. Rore Digital now has more than $ 370 million investment capital to compete in the expanding US sports betting and the Igaming market.
Deutsche Bank's gaming analyst Carlo Santallelli said that the field of Igaming and Sports Betting would be intense as the recovery of professional sports due to the epidemic of Coronavirus.
He said, "Considering the commoditization of services in the vertical market of sports, spending to acquire and maintaining customers is important in both short and medium term."
Howard Stats is an executive editor for CDC gaming reports. The contact information is hstutz@cdcgaming. com. Follow @howardStutz on Twitter.
Posted on July 9, 2020 by Cory - Others
Convention business is the biggest hit by COVID-19 and is now limited to 50 rally. Even the Global Gaming Expo, which was scheduled for October, was canceled. Other conventions are expected to last all over 2020 and perhaps 2021.
DraftKings to open its first Colorado retail sportsbook in Black Hawk
"We are learning that we have to take a very flexible and transparent response to group planners," says Sibera. "Several incentives may be necessary, but what is important is that it is based on safety concerns and whether there is a government guideline in the future. If such a conference is back, what are the participants? We are looking for a different world from the past. We made some large boxes here, but we are carefully observed for 50 % of the operating rates. I'm going to watch it and decide how to deal with what is happening in today's world. "
Caesters Tony Rodio's CEO, CEO, said in a statement on Thursday that the company has continued to see "certain interest in customers who want to visit Las Vegas this summer."
According to Rodio, Caesters Palace Las Vegas, Framingo Las Vegas, and Harraz Las Vegas have resumed on June 4 and 5 (the first day when the gaming was resumed in Nevada), and the other Las Vegas has resumed. There was an upper limit on the hotel occupancy rate of the facility.
"Opening another casino resort is better than increasing the number of hotels operating, which will better support our health and safety initiatives at this time," Rodio said.
Caesars also reopened the gaming floor and other amenities at the Linq Resort (but not the hotel), the Linq Promenade, the High Roller Observation Wheel, the Fly Linq Zipline, and the Eiffel Tower Observation Deck at Paris Las Vegas.
Bally's will open multiple bars and restaurants, as well as a new lounge, the Blue Pool, which overlooks the casino floor.
The reopening of Bally's comes as Caesars announced plans this month to require COVID-19 testing for all of its Clark County employees. The decision was based on a recent increase in positive coronavirus cases across Clark County in southern Nevada, company spokesman Richard Bloom told the Las Vegas Review-Journal. The mandatory testing program began on June 29.
"We felt mandatory testing would be a good way to identify employees who are unaware that they are COVID-19 positive (i. e., asymptomatic) and therefore unaware that they are spreading the virus in the workplace," Bloom said in an email. "When we reopened our properties on June 4, the number of cases was much lower.
If employees are not tested by July 17, they will be removed from work, Bloom said.
Convention business is the biggest hit by COVID-19 and is now limited to 50 rally. Even the Global Gaming Expo, which was scheduled for October, was canceled. Other conventions are expected to last all over 2020 and perhaps 2021.
Once-small Eldorado on the cusp of becoming largest regional casino company in U.S.
"We are learning that we have to take a very flexible and transparent response to group planners," says Sibera. "Several incentives may be necessary, but what is important is that it is based on safety concerns and whether there is a government guideline in the future. If such a conference is back, what are the participants? We are looking for a different world from the past. We made some large boxes here, but we are carefully observed for 50 % of the operating rates. I'm going to watch it and decide how to deal with what is happening in today's world. "
In June, Nevada Governor Steve Sysolak made it mandatory for anyone in public places, including casinos, to wear a face covering or mask.
Caesars has reopened its casinos and hotels in most parts of the U. S. In Las Vegas, it has three hotels: The Cromwell, Planet Hollywood, and the Rio. Seven closed facilities remain. Caesars said in a statement that it will open its remaining Las Vegas properties "consistent with customer demand, regulatory requirements, and additional health and safety considerations."
Howard Stutz is executive editor of the CDC Gaming Report. Contact him at hstutz@cdcgaming. com. Follow him on Twitter @howardstutz.
Posted on July 9, 2020 by Cory - More
DraftKings will open a temporary facility at Mardi Gras Casino in Black Hawk and open Colorado's first retail sportsbook on Friday.
The store will have eight sel f-service betting kiosks, cashier windows, and several large thin TVs. Colorado is the seventh DRAFTKINGS brand retail sportsbook following Iowa, Mississippi, New Jersey and New York.
Mardigura is one of the three casinos in Colorado, owned by Road Islan d-based Twin River World Wide Holdings.
"We are excited to be together to provide the most exciting and rea l-time game opportunities as sports are starting to revive while our partner is working on the current operation and expansion of places. "Doing" and DRAFTKINGS's highest business, EZRA Kucharz, stated in a statement.
DraftKings also operates mobile sports gambling in Colorado, the 18th Sports Betting State in the United States in May. Draftkings and Twin River want to use the resumption of professional sports scheduled at the end of this month.
In January, Twin River paid $ 51 million to Casino, Golden Gates, Golden Galchi and Maldigra in Blackhawk, which jurisdiction over the Denver market. Twin River also owns Alapaho Park Racecourse near Denver.
The construction of a permanent sportsbook of Maldigra is underway. After completion, Draftkings and Mardi Gras Casino will release a stat e-o f-th e-art sportsbook, including large feature bars, walls on a wall, and VIP lounge area.
"The partnership with DRAFTKINGS can provide not only mobile betting but also this exciting Draftkings Retail Sports Book, which can provide a sports betting experience for Colorado people." In the next few months. , I am looking forward to introducing customers in the completely renovated space.
Howard Stats is an executive editor for CDC gaming reports. The contact information is hstutz@cdcgaming. com. Follow @howardstutz on Twitter.
Posted on July 9, 2020 by Cory - Others
In the afternoon of Wednesday, in a statement to Nevada's gaming regulation authorities, the Eldorado Resorts Directors' Association Executive Director Gary Karano wondered what the late father thought of this proceedings.
A small single casino operating company that was once in Reno has finalized a $ 17. 3 billion of Caesters Entertainment, and has been a few weeks before becoming the largest gaming company in the United States.
In a sense, Karano still considers Eldorado culture as a culture of small famil y-run companies.
"In addition to the establishment of Eldorado Resorts, Ferrari Calano Vinners have been established in California to establish a Nevad a-based McDonald Calano Law Office.
Nevada's gaming control boards and gaming commissions opened a fou r-hour unusual hearing in Las Vegas and signed this transaction. Approval from the Gaming Committee in Indiana and New Jersey is all left for Eldorado to control nearly 60 states.
However, the company name Eldorado will be replaced by Caesers if the acquisition is established. Karano said Eldorado was named after his father's favorite vacation spot, Eldorado Community in Palm Springs, California.
Socially distinguish "Nevada Gaming Management Committee, Sandra Douglas Morgan, Philip Katsuaros, Terry Johnson (on the monitor) / Photo: HOWARD STUTZ
Caesters, and the brands of Harraz and Horse Shoe will be more attractive in the gaming world.
"There is only one Caesters Palace." Caesters are a worl d-class brand.
This is one of the reasons for changing the company name. The integrated company (called "New Caesters" on Wednesday) is no longer a small family business.
According to Karano, the company was considering the acquisition of Caesters in 2018, one year before the announcement of the largest and maximum transaction of the gaming industry in June 2019.
Many of the discussions on Wednesday were mainly financial aspects of transactions.
Eldorado had nearly $ 3 billion debt as of the end of March. If the two companies merge, this figure will jump to nearly $ 13 billion.
However, with Eldorado's real estate investment trust gaming and leisure properties and VICI Properties, lon g-term lease fees paid $ 12 billion, the total debt of the company will increase to about $ 25 billion. According to analysts, leasing is considered a debt in the investment industry and general accounting principles.
"This is a big deal, and I'm worried about the liabilities in a room," said Terry Johnson.
"We will have a large debt in a short period of time," said Sandra Douglas Morgan, the Commissioner.
Convention business is the biggest hit by COVID-19 and is now limited to 50 rally. Even the Global Gaming Expo, which was scheduled for October, was canceled. Other conventions are expected to last all over 2020 and perhaps 2021.
Former gaming regulators question crackdown on resorts over COVID-19
"We are learning that we have to take a very flexible and transparent response to group planners," says Sibera. "Several incentives may be necessary, but what is important is that it is based on safety concerns and whether there is a government guideline in the future. If such a conference is back, what are the participants? We are looking for a different world from the past. We made some large boxes here, but we are carefully observed for 50 % of the operating rates. I'm going to watch it and decide how to deal with what is happening in today's world. "
Last month, Eldorado borrowed more than $3 billion in new debt to fund the Caesars deal and raised $772 million in a stock sale to boost its liquidity.
Eldorado is entering into a $400 million, five-year mortgage with VICI Properties on the 500, 000-square-foot Caesars Forum convention center on the Strip, behind the Linq Promenade and the High Roller Observation Wheel. Caesars Entertainment built the project for about $375 million.
VICI will also pay $103. 5 million to Eldorado to acquire a 23-acre undeveloped parcel of land adjacent to Caesars Forum and behind Harrah's Las Vegas, the Link Resort and the Flamingo Las Vegas.
Yunker also said "asset sales" would help pay down debt. The combined company plans to sell two of the five properties it owns in Indiana and liquidate at least one of the eight Strip resorts currently operated by Caesars.
"The portfolio is too heavy," he said. "We intend to sell Strip assets in the first 12 to 24 months."
The Gaming Control Board hearing was "socially distanced." Meanwhile, Eldorado will sell its operations at Eldorado Shreveport, Louisiana, and Montbleu Resort Casino in Lake Tahoe, Nevada, to Rhode Island-based Twin River Worldwide Holdings for a combined $155 million.
After the Nevada hearing, CEO Tom Reeg said he expects $900 million in cost savings from the merger, including $500 million in cuts already discussed and an additional $400 million in savings related to casino closures and downsizing during the COVID-19 pandemic.
There were two other points of interest at the hearing:
Current Caesars director Jean Jones Blackhurst will become a director of the "new Caesars" and head a committee that oversees social responsibility.
Additionally, current Caesars CEO Tony Rodio will remain with the company as a strategic advisor to Reeg, and longtime Caesars executive Gary Selesner will become president of the Las Vegas property.
Reeg said Rodio will assist the company in its efforts to secure a casino license in Danville, Virginia, help with the expansion of Harrah's New Orleans and advise on the renovation of the Tropicana Atlantic City.
Howard Stutz is executive editor of the CDC Gaming Report. Contact him at hstutz@cdcgaming. com or follow him on Twitter @howardstutz.
Posted on July 9, 2020 by Cory - More
Two veteran gaming lawyers, one a former member of the Nevada Gaming Control Board and the other a former chairman of the Nevada Gaming Commission, on Wednesday took issue with the policing and heavy-handed management of the resort industry in the age of COVID-19.
The comments by Jeff Silver, an attorney with Dickinson Wright LLP who was a member of the Gaming Control Board from 1975 to 1979, and John O'Reilly, a former chairman of the Nevada Gaming Commission, were made on the second day of the ICE North America virtual conference. However, both received pushback from former Nevada Democratic Governor Bob Miller, who is also a gaming consultant.
Last week, the Nevada Gaming Control Board opened 111 regulatory cases against gaming license holders to determine whether casinos and other operators in the state failed to comply with the state's health and safety policies regarding COVID-19. Casinos are required to enforce social distancing, limit the number of players at tables, and, as of June 26, as mandated by Governor Steve Sisolak, to enforce the wearing of masks by patrons on the premises.
Since the casinos reopened on June 4, employees have also been required to wear masks.
MGM, GVC investment boosts prospects for BetMGM parent Roar Digital
"We are learning that we have to take a very flexible and transparent response to group planners," says Sibera. "Several incentives may be necessary, but what is important is that it is based on safety concerns and whether there is a government guideline in the future. If such a conference is back, what are the participants? We are looking for a different world from the past. We made some large boxes here, but we are carefully observed for 50 % of the operating rates. I'm going to watch it and decide how to deal with what is happening in today's world. "
"I want to make sure gaming regulators aren't motorcycle cops waiting to get a ticket for speeding," he said. "As long as they continue to work with and empathize with the industry, I have no problem regulating. But I don't want them to do fundraising enforcement, like they did in New Jersey, where you get an automatic $50, 000 fine for bringing in a minor."
Silver, supported by O'Reilly, said gaming establishments should be given more autonomy, not health officials or government regulators.
"I think it should be left to the discretion of the gaming establishments, rather than enforced by gaming regulators," O'Reilly said. "This is a minority opinion, and not many have adopted it."
Former Governor Bob Miller said there should be uniform measures, rather than left to the discretion of each establishment. When casinos reopened, some followed state standards for social distancing, while others did not. "Nobody was wearing a mask, nobody was even six feet apart. "Some policing is necessary.
O'Reilly said there has been negative publicity about the restrictions. He noted a video posted online of a woman being kicked out of Wynn Resorts for not wearing a mask. "This is just the beginning of this problem."
Miller warned that the U. S. is still in "uncharted waters" and that "there is no certainty yet that we will get through this dilemma." He noted that the European Union is doing a better job of dealing with the surging COVID-19 cases in the United States.
"A lot of that has to do with us not having a national policy. We're making hybrid decisions here and there and nobody's figuring out what works for everybody. It's going to be a slow process. As long as you put the health and wellbeing of everyone involved first, that's the guiding principle, and then you have to consider the economic impact."
O'Reilly said there should not be a "one-size-fits-all mentality." He questioned how society is dealing with COVID-19. Those who are most vulnerable and at risk of catching the disease should be quarantined, and "everyone else can make their own choices and get on with their lives," he said.
O'Reilly got even more political, saying "Some members of the public are blinded by the opinion of one or more medical experts. He said others in the medical profession have different views than Fauci and question how the science and recommendations have changed over time.
"We can't develop a process that makes employees, customers, regulators and the governor comfortable. (If we do that,) it will be impossible for this industry, and for entertainment, sports and other related industries, to survive in the future," O'Reilly said.
Silver said paranoia among older people who don't want to leave their homes, let alone come to Las Vegas, is hindering the recovery. That means Las Vegas has to rely on younger people, but putting too many restrictions on them will keep them away, he said. Nightclubs, for example, can't open.
"Young people want to have fun. They want to have fun. What we've seen so far is security and gambling agents getting on people's shoulders, reminding them to wear masks, reminding them not to get too close, nudging them. All of this takes away from the experience that the gaming industry is all about."
Posted on July 9, 2020 by Cory - More
Convention business is the biggest hit by COVID-19 and is now limited to 50 rally. Even the Global Gaming Expo, which was scheduled for October, was canceled. Other conventions are expected to last all over 2020 and perhaps 2021.
Updated: Nevada gaming regulators approve Eldorado-Caesars $17.3 billion merger
Following an initial $200 million commitment in 2018, the Las Vegas-based casino operator and British betting giant has invested $450 million in Roar Digital, which operates the BetMGM betting application.
Roar Digital now has more than $370 million in investable capital to compete in the expanding U. S. sports betting and iGaming market.
Roar Digital CEO Adam Greenblatt said in a statement, "With broad market access secured, a long-term technology foundation established and a high-performing team in place, we now have even more clear support from our two shareholders and are well positioned to take a market-leading position in an industry that is growing faster than we originally expected."
BetMGM expects to generate more than $130 million in net revenue this year, driven by iGaming in New Jersey.
Deutsche Bank gaming analyst Carlo Santarelli told investors the deal is "It's a reminder of just how competitive the sports betting and iGaming sectors are going to be in the coming years," he said.
Due to the COVID-19 pandemic, sports are all but at a halt and iGaming is largely limited to New Jersey and Pennsylvania.
"The market share has started an important start in market share fights," said Santallelli's operating company, Fanduel and Draft Kings. The two companies also stated that they would have "important partnerships" in the future. When sports were resumed, he said, "The expenses for customer acquisition will be high."
He says that investing in Roar Digital will increase the company's competitiveness.
"We believe that the ability to acquire and maintain customers is very important in both short and mi d-term, given the conversion of services in the sports industry in the sports industry." I mentioned.
ROAR is planning to start a business in 11 states by the end of 2020 and has also secured market access to 19 states, which reaches about 50 % of the US population.
ROAR has an exclusive partnership with Yahoo Sports and Buffalo Wild Wings. When the sports are back, the BETMGM gambling engine will be provided to 64 million Yahoo's monthly active users (including the largest fantasy sports players in the United States).
"MGM Resorts's Bill Hornbuckle's CEO (CEO) deputy in the statement," Investing in ROAR is directly provided with the best entertainment experiences that are unforgettable to millions of guests through BetMGM. The unique advantages of we are going to be excited, "This competitive advantage has made it the forefront of the most dynamic growth opportunity in the US gaming world. We are convinced that we can provide lon g-term value to shareholders.
Howard Stats is an executive editor for CDC gaming reports. The contact information is hstutz@cdcgaming. com. Follow @howardstutz on Twitter.
Posted on July 8, 2020 by Cory - Others
The Eldorado Resorts acquired CAESARS ENTERTAINMENT for $ 17. 3 billion, and on Wednesday, Nevada's gaming regulation authorities approved the acquisition in an unusual tw o-part hearing, clearing important hurdles.
Howard Stats is an executive editor for CDC gaming reports. The contact information is hstutz@cdcgaming. com. Follow @howardstutz on Twitter.
Posted on July 9, 2020 by Cory - Others
The gambling regulatory authorities have also approved a sport s-betting company William Hill US to acquire all sportsbooks operated by Caesters in Nevada, including Caesters Palace and Harraz Las Vegas. Eldorado has a partnership agreement with the U. S. -based Sports Betting Giant William Hill American corporation. In 2019, Eldorado gained 20 % of its business in exchange for a 2 5-year contract to operate sports betting at the company's casino, which is legal.
Convention business is the biggest hit by COVID-19 and is now limited to 50 rally. Even the Global Gaming Expo, which was scheduled for October, was canceled. Other conventions are expected to last all over 2020 and perhaps 2021.
Pandemic concerns force cancellation of G2E in Las Vegas; organizers plan virtual events
Following an initial $200 million commitment in 2018, the Las Vegas-based casino operator and British betting giant has invested $450 million in Roar Digital, which operates the BetMGM betting application.
Jean John's Black Hurst, the current director of Caesers, will be the chairman of the New Board of Directors, who will join the new Board of Directors of the integrated company and supervise social responsibility and diversity. The position was announced at a hearing by Eldorado Chairman Gerry Carano.
Eldorado currently does not own a casino in Las Vegas, but as part of this transaction, the strip of Caesters Palace, Harraz Las Vegas, Bally Las Vegas, Paris Las Vegas, Planet Hollywood, Crumwel, Link Resort. Acquires 8 districts. Last year, Caesers will sell Las Vegas Rio to New York investors and will operate the facility at least until the end of this year.
Eldorado's Brett Yunker's highest finances (CFO) said, "Selling strip assets between the first 12 and 24 months," after the transaction.
In Lakutaho, Eldorado sells Montbleu Resort Casino to Twin River and maintains the ownership of Harrah's and Harvey's, which is operated by Caesers in a beautiful community like a picture at the state of California. The Twin River will also be acquired for $ 155 million, including Eldorado Shreabeport, as part of the Montbleu transaction.
On June 26, the Federal Trade Commission signed the merger on the condition that the sale of two casinos would clear the problem under the antitrust law.
In Reno, Eldorado operates three facilities: Eldorado, Silver Legacy, and Circus Circus, and these are collectively called the Row. Caesers plans to sell Harraz Rino to real estate developers in January, and the developer plans to convert the site into a no n-gaming complex. The aging downtown casinos were closed in March as part of the state of general gaming of the whole state due to the epidemic of Coronawirus, and the developers announced that the resort was not resumed last month.
After the merger, Eldorado will own two resorts in Raffrin, Nevada, Tropicana Raffrin and Harraz Raflin.
Under the terms of the merger agreement announced on June 24, 2019, Eldorado pays $ 8. 40 in cash, 0. 0899 in Eldorado, or $ 12. 75 per share. The business name after the integration will be Caesers, and the shares will be traded in the Nasdaq market.
Eldorado had nearly $ 3 billion debt as of the end of March. After the merger, it jumps to nearly $ 13 billion.
However, Eldorado's approximately $ 12 billion lon g-term leasing paid to real estate investment trusts gaming and leisure properties and VICI Properties will increase the total debt of the company to about $ 25 billion. According to analysts, leasing is considered a debt in the investment industry and general accounting principles.
"This is a big deal and I am concerned about the elephant in a room in the room," said Terry Johnson, a member of the Gaming Regulatory Commission. He said, "I satisfied his concerns."
Howard Stats is an executive editor for CDC gaming reports. The contact information is hstutz@cdcgaming. com. Follow @howardStutz on Twitter.
Posted on July 8, 2020 by Cory - Others
The Global Gaming Expo organizer has canceled the Casino industry's largest meeting and trade fair on Wednesday, due to continuous concerns over Coronovirus pandemic.
The US Gaming Association and the Reed Exhibition have promised in a statement to hold a series of virtual G2E events throughout the remaining periods to provide economic, education and networking opportunities in the world gaming industry.
AGA CEO Bill Miller said the current situation brought about by COVID-19, including "continued uncertainty regarding a viable market for a physical G2E show, global travel restrictions and currently unknown guidance regarding large public gatherings this fall," forced organizers to cancel the conference for the first time in 20 years.
Convention business is the biggest hit by COVID-19 and is now limited to 50 rally. Even the Global Gaming Expo, which was scheduled for October, was canceled. Other conventions are expected to last all over 2020 and perhaps 2021.
Pechanga Resort Casno Settng June 1 Target ReOpenng Date
G2E was scheduled to take place at the Sands Expo & Convention Center in Las Vegas from October 5 to 8. Organizers said the 2021 G2E will take place at the Sands Expo from October 4 to 7.
Current Nevada restrictions prohibit public gatherings of more than 50 people, and there is still no additional guidance on future reopening phases. COVID-19 infections are also surging in Nevada. "Health and safety are always our top priority, and the uncertainty caused by the ongoing pandemic makes this a prudent decision for exhibitors planning to exhibit ahead of a critical deadline," Miller said.
G2E attracts nearly 30, 000 attendees from around the world each year, including top executives and managers from the industry's largest manufacturers and gaming equipment providers. The world's top casino operators, sports betting companies, fintech and digital payment facilitators often attend G2E.
The Gaming Equipment Manufacturers Association is also involved in the conference.
The coronavirus pandemic caused a nationwide gaming industry shutdown starting in mid-March, with governors, regulators and tribal governments ordering the closure of nearly 1, 000 casinos in 43 states to slow the spread of COVID-19.
Casinos began reopening in late May, and as of this week, nearly 85% of the gaming industry has reopened. But on Monday, Churchill Downs "paused" operations at its Calder Casino in Miami Gardens (three weeks after reopening).
- Nevada casinos reopened on June 4 but at reduced occupancy rates and with health, safety and cleaning protocols in place. Face coverings or masks are mandatory in all public spaces, including casinos. Restrictions on large gatherings have all but wiped out Las Vegas' convention and meetings business.
- The G2E cancellation is postponed other gaming conferences, such as the National Indian Gaming Association meeting in San Diego, the ICE North America held in New Orleans, and some sports betting. Continue to.
- Last week, the WORLD GAME Protection Conference and International Center for Responsible Gaming's (ICRG) Conference on Gambling And Addition I did. ICRG said that the conference would be changed to a virtual event.
- "Lead Exhibition America's president Ervet Sedky said," We repeatedly consider the national, states, and local public health authorities, and the exhibitors and buyers who shared the views and priority of the industry. As a result, it was revealed that it was impossible to hold such a meeting directly.
- Mr. Miller said that the US casino industry has adapted the operation procedure to provide "as safe experiences as possible for employees and customers."
- Howard Stats is an executive editor for CDC gaming reports. The contact information is hstutz@cdcgaming. com. Follow @howardStutz on Twitter.
- Posted on August 24, 2020 by Cor y-Others
Las Vegas Advisor's new public opinion polls have strongly supported or strictly restrict smoking in casinos.
Almost fou r-quarters of the respondents said they supported the cessation on the casino floor and supported no n-smoking gambling that the smokers and vapor relaxed.
"In restaurants and office buildings, it has been solved many years ago." Why do we have to follow it?
The voting results were published on August 20. The voting period is from August 5th to 18th, and we are asking a wide range of questions: Should smoke be prohibited in casinos nationwide? And the respondents chose one of the 13 descriptions that reflected their thoughts best.
Of the 1, 523 respondents, the top seven options were as follows:
Even in a state where gambling like Nevada is eager, smoking indoors is prohibited except for casinos (and some bars that do not provide meals), so we should prohibit them in casinos (353 votes, 23. 2 % of the total).
I strongly think that smoking in a casino should be banned, but I don't think so. The casino is afraid of a decline in income (296 votes, 19. 4 %).
Acquisition to a small smoking area in a casino with a powerful ventilation system, isolated by walls and doors (233 votes, 15. 3 %).
Casinos should decide whether or not to allow smoking, and the government should not intervene legally (110 votes, 7. 2%).
I will only visit casinos that ban smoking (102 votes, 6. 7%)
I think smoking should be allowed in casinos (97 votes, 6. 4%)
Smoking in casinos is one of the reasons I go to Las Vegas (76 votes, 5%)
LVA editor Deke Castleman, who oversees the twice-monthly poll and writes the analysis, said seven of the 13 options said they wanted smoking restricted. He added up these results because respondents could only choose one. Overall, 72% of respondents favor a ban on smoking or restricting smoking to a room segregated from the casino floor.
The poll was open to anyone viewing the LVA website, but only subscribers could post comments. Castleman said that unlike other polls on smoking, this one was created specifically for gamblers. According to Castleman, LVA readers tend to visit Las Vegas more frequently, spend more, and stay longer than the average tourist.
- In many states, including Nevada, New Jersey, and Pennsylvania, casino gaming floors are among the last places where smokers can light up in public. States ban smoking in most workplaces, businesses, and entertainment venues, but many casinos win exemptions based on the argument that a ban would reduce gaming revenues and therefore tax revenues.
- The COVID-19 pandemic has heightened awareness of airborne transmission of the virus and the public health measures to prevent it.
- Smokefreecasinos. org, a project of the American Nonsmokers' Rights Foundation, has compiled a list of more than 150 tribal and commercial casinos across the United States that have banned smoking, at least temporarily, in response to coronavirus shutdowns. And more than 800 casinos and other gaming establishments were smoke-free before COVID-19.
- Looking at the LVA poll results, ANR advocacy director Bronson Flick said some smoke-free establishments have seen increased player club enrollment and reduced costs. He encouraged casinos that still allow smoking to survey player club members and employees about smoking.
- "The bottom line is, people don't come to Las Vegas for secondhand smoke."
- Castleman cautioned against thinking of this as a turning point for the smoke-free casino movement.
- "It's not a watershed moment by any stretch. Until a vaccine or effective treatment for COVID-19 is developed, many casino enthusiasts will likely stay away for fear of infection.
Even if the threat of COVID-19 subsides soon and some of the newly smoke-free casinos stay that way, it will take at least a year to gauge the cost of the ban, he says.
- "As with anything to do with this pandemic, it will take a long time to figure out the economic impact, so I think smoking is a little low on the list of variables that can be determined," Castleman says.
- Although much has been written about the dangers of smoking, there are few studies or polls specifically about smoking in casinos.
- What is said to be the first scientific study of casino-goers' attitudes toward smoking was published in the March 2019 issue of Public Health Reports, a journal of the U. S. Surgeon General. It found that 75% of American adults support smoke-free casinos.
FanDuel spells out a key to sports-betting success: R-E-S-P-E-C-T
Earlier this year, Brian Christopher, a YouTube slot machine and gambling influencer, posted a poll on his blog about smoking in casinos. As of August 21, he had received exactly 2, 300 responses, with the following results:
64% gamble at least once a month
78% say it's time to ban smoking.
70% would choose a non-smoking casino, 22% would choose a smoking casino.
20% are full-time smokers
71% say casino smoke bothers them
77% of smokers would choose a non-smoking casino if it had an outdoor smoking patio and slot machines.
92% believe secondhand smoke is harmful to health.
Here are some past LVA poll results on smoking bans:
March 2016 What do you think about a total smoking ban in Las Vegas casinos? Total votes: 2, 669. 50% supported a complete smoking ban, 28% supported a compromise that separates smokers and non-smokers, and 21% were opposed, answering "voting with their feet."
July 2013: Do you support smoke-free casinos? 3, 389 votes. 37% "completely in favor," 34% "in favor, but not completely," 15% "probably against," and 15% "against."
December 2007 What is the best statement of your feelings about ful l-quoted smoking in Las Vegas casinos? 4, 962 votes. "I strongly support smoking cessation, and if it is realized, I will have more time at the casino." 34 %, "I do not support smoking cessation, but smokers are limited to specified places and are other places in the casino. 27 %, "I don't care about smoke-not prohibited" 25 %, "If you or your friends can't smoke freely at a casino, you'll stop coming to Las Vegas." 14 %.
Posted: August 23, 2020 Author: Cor y-Others
Fanduel, which provides various events, from Kanye West tweets to table tennis games, has been fascinating fans through Covid's closure.
Focusing on fans and respecting their interests will help legal sports bet businesses to enjoy continuous growth and acceptance in the United States. Mike La Fenspelger, Chief Marketing Officer in online sportsbooks.
"Through COVID, our sportsbooks had a meaningful activity." We focus on providing good customer experiences in a difficult time for sports. "
GAN reports second quarter 2020 financial results
La Fen Pelger talked about Fanduel's approach on August 14 in an interview with Sirius XM's business radio and Dan Ronnie of Wharton Business Daily. He was one of the four industrial executives in Loney's program, "Pandemic Game Business".
"Our role at that time was to delight the people and provide a little distraction," said La Fen Pelger. The company has developed an alternative format because major sports around the world have been closed and even the Olympics have been postponed. "I can't believe it, but during the COVID period in the summer, the most popular sport (among Fanduelbetters) was table tennis," he said. Fanduel has gained some "tertiary" -level sporting events streaming rights, and fans can view them on the app.
Other services provided by Fanduel include fantasy sports with simulation games using digitized athletes, and the next development of the Kanye West tweets and the next development. There were "Win at Home" games that can be played for free with a series of prop s-style beds.
"People seem to be really enjoying it, and what we discovered is that most of our playe r-based has been engaged in a very few sports." La Fen Pelger said.
Fanduel has 8. 5 million customers, business development in 45 states, national basketball associations, major league bass balls, national hockey league, and other leagues. It offers online betting in New Jersey, Pennsylvania, West Virginia, Indiana, and Colorado. La Fen Pelger predicts that most Americans will be able to use legal sports betting in the state in the near future.
Virgin Hotels Las Vegas opening may be delayed
FANDUEL is currently enjoying the "richness of a rich man" that NHL, NBA, and MLB are usually held in late summer when harvesting is usually held.
"Lafense Pelger says," You can see that you are hungry for sports. "And we are starting to talk about sports betting on actual broadcasts and studio programs in partnership with broadcasting partners and leagues. I am excited to stand at the forefront.
He says that intersecting sports and narratives and sports betting can provide attractive content to Betters and those who are not. "Create interesting content ... you can actually add value to the broadcast while respecting viewers."
He said that the operator needs to respect fans and leagues as the legal sports betting is expanding, including the possibility of a partnership with NFL and NCAA.
La Fen Pelger pointed out that NFL has recently allowed teams to partner with sports betting operators. Fanduel is the first company in partnership with Denver Bronkos. He said that Fanduel would improve his fan experience through the provision of sports betting, fantasy sports, free toe play gaming, etc. One example: Colorado's new Better can bet on Bronkos's plus 30 points.
NCAA opposes the betting in university sports, so there is a question mark in a partnership with universities and conference. "At some point, maybe this category would be cut off? "There may be a promotion ti e-up with Sportsbetting, but it is slightly separated from the athlete itself," he says.
Like the professional league, the operator needs to "respect fans' experiences and respect those who may not be interested in gambling."
Posted on August 22, 2020 by Cori e-Others
Gan Limited has announced today's three and six months of business and financial results today.
Sales increased 99%yea r-o n-year to $ 8. 3 million, and egeming revenue increased 110%yea r-o n-year to $ 5. 7 million. Playing in the United States accounted for 85%, compared to 75%of the previous year. General sales of $ 5. 5 million, up 459%yea r-o n-year. After the coordination, EBITDA increased to $ 1. 9 million, with a loss of $ 0. 2 million in the second quarter of 2019. Cash and cas h-equivalent balance were $ 63. 8 million against $ 10. 1 million on December 31, 2019, reflecting pure income from GAN's new shares in the United States.
GAN's Dermot Smarfit's CEO (CEO) said, "We achieved $ 8. 3 million in the second quarter of 2020, but this period was a global pandemic, as a result of our lan d-based casino. Almost all customers have been forced to close their physical business, and most of the major sporting events have been canceled in recent weeks. While Casino Pelator continues to be affected by the pandemic, GAN can greatly contribute to both the success of our customers and the secular shift to accelerating Igaming. "
Last week, the new Playlive of the Codish Gaming Group in Pennsylvania! The brand's internet gambling business was launched yesterday, a simulated gaming of Pen National Gaming, one of the largest casino operating companies in the United States. We hope that the Michigan market will be revitalized early in the fourth quarter, and we are now preparing to launch more operators. "
Posted on August 21, 2020 by Cory - Others
The of f-strip resort owner said on Friday that the Virgin Hotel Las Vegas will be postponed this fall.
JC Hospitality stated that in a press release that announced that the project was in time for the construction deadline, he was reconsidering the reopening of hard rock Las Vegas.
Convention business is the biggest hit by COVID-19 and is now limited to 50 rally. Even the Global Gaming Expo, which was scheduled for October, was canceled. Other conventions are expected to last all over 2020 and perhaps 2021.
Louisiana: Hollywood Casino Baton Rouge to move onshore by early 2022
FANDUEL is currently enjoying the "richness of a rich man" that NHL, NBA, and MLB are usually held in late summer when harvesting is usually held.
JC Hospitality supervises 1, 500 resort hotels and other aspects other than games.
In July 2020, the renovation work of a casino at Virgin Hotel Las Vegas / Photo provided
Investors in the project include the Virgin Group's founder of Britain, Richard Branson. In 2018, JC Hospitality announced a plan for a Virgin brand resort by acquiring a hard rock hotel with $ 500 million. It is said that Bozworth will add more than $ 200 million prices to the renovation.
The hard rock was closed in February for renovation.
Last fall, Mojigan Gaming, a casino category of the Mojigan Indian tribe in Connecticut, announced a contract to operate a 60, 00 0-squar e-foot casino at the facility, and operates a resort in the largest commercial gambling market in the United States. Became a tribal gaming company.
This casino is known as Mojigan Sun Casino At Virgins Hotels Las Vegas. Joe Hasson, who has been involved in gaming for many years, will be appointed as the general manager of the casino.
Betfred USA Sports, a U. S. -based US subsidiary of the UK, manages sports betting at the facility.
Virgin Hotel Las Vegas contains knobs and MB steaks. Both restaurants were part of the Hard Rock Las Vegas lineup.
In this renovation, a 60, 000 squar e-fit casino space remake, new restaurants, lounges, bars, and 130, 000 square fits convention and meeting space will be renovated.
In the 5-acres pool and outdoor space, a 13, 00 0-squar e-fitting concert, a private party, and an outdoor entertainment space for events will be provided.
Howard Stats is an executive editor for CDC gaming reports. The contact information is hstutz@cdcgaming. com. Follow @howardStutz on Twitter.
Posted on August 21, 2020 by Cory - Others
Convention business is the biggest hit by COVID-19 and is now limited to 50 rally. Even the Global Gaming Expo, which was scheduled for October, was canceled. Other conventions are expected to last all over 2020 and perhaps 2021.
Penn Interactive launches social-casino app
FANDUEL is currently enjoying the "richness of a rich man" that NHL, NBA, and MLB are usually held in late summer when harvesting is usually held.
Hollywood Casino, owned and operated by Gaming and Leisure Properties, plans to spend $21 million to $25 million to relocate to the proposed landside facility.
GLPI said in a statement Friday that the facility will have a significant economic impact on downtown Baton Rouge. The project is expected to bring 166 construction jobs to the area, with total labor expenditures of approximately $10 million.
Hollywood Baton Rouge is one of two casinos operated by GLPI, a real estate investment trust. GLPI owns about 45 gaming facilities across the U. S. and leases operations to casino operators Penn National Gaming, Caesars Entertainment and Boyd Gaming.
Hollywood Baton Rouge general manager Jeannie Magdefrau said in a statement that the land-based move will bring $500 million in economic impact to the region over the first six years of operation.
"Moving landside allows us to sell or move our boats and free up dock space.
Twin River partners to launch online sports betting in New Jersey
FANDUEL is currently enjoying the "richness of a rich man" that NHL, NBA, and MLB are usually held in late summer when harvesting is usually held.
Penn National Gaming's L'Auberge du Lac Baton Rouge is a full-scale resort casino and leads the market with monthly gaming revenue three times that of Hollywood.
The current Hollywood Baton Rouge riverboat has 29, 000 Magdefrau declined to say how large the new casino would be, but said the construction will "provide our current and new guests with the most cutting-edge gaming and entertainment experience in the city."
According to the GLPI, "Shakir O'Neills Big Chicken Restaurant" is available, with 250 sports bars / restaurants, entertainment facilities, and flexible meeting spaces that can accommodate more than 200 guests indoors and outdoors. A new no n-gaming facility is planned.
Maddox gives back his stock as part of Wynn plan to reward key employees for COVID-19 efforts
FANDUEL is currently enjoying the "richness of a rich man" that NHL, NBA, and MLB are usually held in late summer when harvesting is usually held.
Howard Stats is an executive editor for CDC gaming reports. The contact information is hstutz@cdcgaming. com. Follow @howardStutz on Twitter.
Posted on August 21, 2020 by Cory - Others
Gan Limited today, equipped with Gan's Simulated Gaming Software and announced the launch of the social casino app "Mychoice" distributed to Penn Interactive, a subsidiary of Penn National Gaming. Simulated gaming enables casino operators to provide social gaming to players in each state prior to Eagaming, and provide opportunities for marketing and revenue to both businesses and GAN.
The Gan's Mychoice app is completely integrated with the Penn National MYCHOICE Player Loyalty Program, which currently has more than 20 million members.
Pen Interactive operates sports betting and litering products at Pen National Casino in 41 states. Simulated gaming will provide services to casino customers at more than 100 casinos in the United States, along with Pen National Corporation.
"We want Gan to be the beginning of a partnership that grows beyond social gaming," said Gan's chief commercial officer, Jeff Bermann.
"The combination of GAN team and the ability to provide hig h-quality products is an ideal partner for Penn," said Jon Kaplowitz, head of Penn Interactive.
Posted on August 21, 2020 by Cory - Others
ESPORTS ENTERTAINMENT GROUP is today, to start ESPORTS mobile sports beds in New Jersey until Twin River has obtained the approval of regulators necessary to complete the acquisition of BALLY'S ATLANTIC CITY With Dwide Holdings It has announced that it has concluded a partnership of multiple years. With the acquisition, Twin River acquired the rights of three online sports betting skins in New Jersey, leading to this partnership.
"The ESPORTS Entertainment Group's Grant Johnson's CEO, CEO, said," When I played IPO with NASDAQ earlier this year, I intended to expand my business in the United States. With this partnership. I am achieving my goals.
According to George Pappania, President and CEO of Twin River Wide Wide Holdings, "providing this new service to the Atlantic City with prominent gaming partners for the next few months. It is one of the many exciting changes scheduled for Atlantic City. "
Posted on August 21, 2020 by Cory - Others
Win Resorts's Matt Madox returned to 2020 in exchange for the company's shares, as the Coronavirus trends in March of Las Vegas Strip and US casinos in March.
On Thursday, Madox CEO voluntarily let go of the stock.
Madox CEO, in honor of the achievements of COVID-19 confusion, and managed, including these shares, as part of the stock grants provided by Boston and Las Vegas employees.
In the document submitted to the Securities and Exchange Commission, Madox requested the Board of Directors to cancel 140, 000 shares. They were added to the 176, 247 shares given to employees. The company has not disclosed the name of the employee, the number of people included in each facility, or the breakdown of shares.
Convention business is the biggest hit by COVID-19 and is now limited to 50 rally. Even the Global Gaming Expo, which was scheduled for October, was canceled. Other conventions are expected to last all over 2020 and perhaps 2021.
Virgin Hotels Las Vegas appoints Chad Brown as vice president of marketing
FANDUEL is currently enjoying the "richness of a rich man" that NHL, NBA, and MLB are usually held in late summer when harvesting is usually held.
Win Las Vegas and Angkor, Win Las Vegas and Encore, reopened on June 4th. Angkor Boston Harbor resumed on July 12 after more than three months closed.
During the leave of absence, Win paid his salary to all 13, 000 employees, including the average chips. In March, Madox agreed to exchange $ 1. 9 million with shares. Director and other Win executives abandoned 33 % to 100 % of their salaries.
In a Thursday letter, Madox called 2020 a "unprecedented" year, and added that this year is a dangerous year this year.
"I understand that it doesn't feel right. Win's officer Madox wrote:" But this is what I know: it will end, and when it ends, we are the tournament. I believe that our nightclubs and theaters will be packed, and it will return to a high occupancy rate in the second half of next year.
Sales increased 99%yea r-o n-year to $ 8. 3 million, and egeming revenue increased 110%yea r-o n-year to $ 5. 7 million. Playing in the United States accounted for 85%, compared to 75%of the previous year. General sales of $ 5. 5 million, up 459%yea r-o n-year. After the coordination, EBITDA increased to $ 1. 9 million, with a loss of $ 0. 2 million in the second quarter of 2019. Cash and cas h-equivalent balance were $ 63. 8 million against $ 10. 1 million on December 31, 2019, reflecting pure income from GAN's new shares in the United States.
GAN's Dermot Smarfit's CEO (CEO) said, "We achieved $ 8. 3 million in the second quarter of 2020, but this period was a global pandemic, as a result of our lan d-based casino. Almost all customers have been forced to close their physical business, and most of the major sporting events have been canceled in recent weeks. While Casino Pelator continues to be affected by the pandemic, GAN can greatly contribute to both the success of our customers and the secular shift to accelerating Igaming. "
Last week, the new Playlive of the Codish Gaming Group in Pennsylvania! The brand's internet gambling business was launched yesterday, a simulated gaming of Pen National Gaming, one of the largest casino operating companies in the United States. We hope that the Michigan market will be revitalized early in the fourth quarter, and we are now preparing to launch more operators. "
Madox said in the second quarter conference call, "The witness rate on the weekend is probably about 50 %, and the mi d-week is about 30 %," and mainly driv e-in customers from California and Arizona. He explained that the reservation window was short.
Earlier this year, Win has completed the 430, 00 0-square feet of 430, 000 square feet in the Las Vegas and conference facilities, but both facilities have been vacant due to the ongoing pandemics canceled meetings and trade fair.
MGM appoints IAC leadership, including media mogul Barry Diller, to company’s board
In a call, Madox stated that about 300 employees in the whole company had a positive reaction to Coronovirus. According to Madox, 10 contact investigators determined in these cases that the virus had been infected outside the resort.
Howard Stats is an executive editor for CDC gaming reports. The contact information is hstutz@cdcgaming. com. Follow @howardStutz on Twitter.
Posted on August 21, 2020 by Cory - Others
JC Hospitality, the owner of the Virgin Hotel Las Vegas, has appointed Chad Brown as Vice President in charge.
As a new role, Brown is responsible for the development and promotion of JC Hospitality's marketing strategy and leads the marketing team of Virgin Hotels Las Vegas.
"Chad is a great addition to our executive team. He brings a wealth of Las Vegas-specific knowledge and industry experience," said JC Hospitality CEO Richard Bosworth.
The hotel, formerly known as the Hard Rock Las Vegas, closed in February for renovations that are scheduled to be completed later this year. JC Hospitality oversees the hotel and non-gaming aspects of the off-Strip, 1, 100-room resort.
Last fall, Mohegan Gaming, the casino division of the Mohegan Indian Tribe of Connecticut, announced a deal to operate a 60, 000-square-foot casino at the resort.
The casino will be known as Mohegan Sun Casino at Virgin Hotels Las Vegas. Longtime gaming veteran Joe Hasson will be the general manager of the casino.
Betfred USA Sports, the U. S. subsidiary of the UK-based Betfred Group, will manage sports betting at the property.
Brown brings more than 20 years of marketing experience to Virgin Hotels Las Vegas. He began his hospitality career in 2005 at Treasure Island Hotel & Casino, where he served as the hotel's marketing manager. He has since held marketing executive roles at Luxor, Mandalay Bay and Bellagio. Most recently, he served as vice president of marketing operations for MGM Resorts International, where he oversaw new marketing and technology initiatives.
Brown is a U. S. Army veteran and holds a Bachelor of Science in Marketing from the University of Nevada, Las Vegas, and a Master of Business Administration from the University of Phoenix. Brown serves on the Las Vegas Bowl committee and as a mentor for the UNLV Executive Mentor Program.
Convention business is the biggest hit by COVID-19 and is now limited to 50 rally. Even the Global Gaming Expo, which was scheduled for October, was canceled. Other conventions are expected to last all over 2020 and perhaps 2021.
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