Hearings and decisions Wednesday and Thursday by gaming regulators could possibly point the way to peer-to-peer casino game play and cryptocurrency wagering.
Richard N. Velotta
Richard N. “Rick” Velotta has covered business, the gaming industry, tourism, transportation and aviation in Las Vegas for 25 years. A former reporter and editor with the Las Vegas Sun, the Ogden (Utah) Standard-Examiner, the Arizona Daily Sun in Flagstaff and the Aurora (Colo.) Sun, Velotta is a graduate of Northern Arizona University where he won the school’s top journalism honor. He became the Review-Journal's assistant business editor in September 2018.
Arizona law allows 10 licenses for sports teams and outlets and 10 for tribes, but there are now 15 tribal applicants and regulators must decide which get final approval
The iconic sign featuring the portrait of Abram Henson “Arizona Charlie” Meadows, a Wild West Show performer, will arrive later in the summer to the downtown museum.
The Konami Gaming slot-floor management system installed in Colorado and Indiana by Full House Resorts boosts the Las Vegas company to a record second quarter.
The LVCVA has approved a contract revision giving employees more time on the COVID layoff call-back list. Next come discussions for employee vaccinations or testing.
“It’s the first sound you hear when you get to Las Vegas and the last sound you hear when you leave. It’s almost synonymous with Vegas, that Wheel of Fortune song and the sound of those reels.”
The company still maintains high average daily room rates and occupancy rates in the 90s on weekends and 80s at midweek, but still reported a second-quarter loss.
Thanks to the gaming industry recovering faster from virus closures than anticipated and the robust rollout of its sports wagering product, IGT quarterly earnings are up.
Macao’s casinos generated revenue that was higher than June’s and higher than a year ago, but analysts were expecting more. A U.S. analyst thinks it won’t faze investment.
A Nevada Gaming Control Board report last week showed how much slot machines kept and how much was paid back to players. Will that help you decide where to play?
Gaming and Leisure Properties Inc. CEO Peter Carlino is cryptic in his comments about what’s next for Tropicana, which has been mentioned as a host for an A’s stadium.
The ramp-up of the Monarch casino in Black Hawk, Colorado, went better than expected and the Reno-based company that owns the Atlantis had record results.
Vici Properties plans to close on a deal to acquire The Venetian, Palazzo and the Sands Expo & Convention Center by early 2022.
Most tourism indicators point to a gradual improvement month by month, but some categories still haven’t reached pre-pandemic levels established in 2019.
State gaming win exceeded $1 billion for the fourth straight month in June, as Clark County casinos showed a 130 percent increase from 2020, bringing in $1.015 billion.