We admit that as far as gambling headlines go, this may need a bit of clarification. You see, it’s true that the Dream Las Vegas hotel project is under new management, but that’s because the entire Dream Hotel Group has been bought out! A few days ago, the Hyatt Hotel Corporation announced their acquisition of the Dream Group in a press release. The deal consists of a $125 million, followed by six additional payments of $175 million as new properties are opened. In addition to Dream Las Vegas, the deal will include12 properties already being managed, plus another 24 property…

Now we know. , and now the American Gaming Association has the data. Even with expanded gambling across the country, illegal American betting has not slowed down. Right now, folks in the United States are placing half a trillion dollars a year with offshore online sites, unregulated gaming machines, and even the neighborhood bookie. This according to a new report from the American Gaming Association. That report making gambling headlines showed that unregulated American betting robs state governments of $13.3 billion in tax revenue annually, nearly $2.5 billion more than legal operators generated in 2021 ($11.7 billion). It also costs…

The streak of billion dollar months for Nevada gaming revenue has now stretched all the way to twenty. Seriously, at this point is it even a surprise? Should we even be reporting this as gambling news? Don’t we all just expect Las Vegas and company to pile up another billion bucks each month? Nevertheless, here we are. The numbers are in for the month of October, and according to the Nevada Gaming Control Board, the state generated just short of $1.3 billion in revenue. The Vegas Strip is usually the biggest winner, and it was again. Casinos along that exclusive…

We’ve all seen the movies about big casino resorts heists. For one person, however, this has gone beyond film and fantasy, as they robbed a casino high limit cage at the north end of the Vegas Strip. But it’s their getaway car that really has people scratching their heads. This bit of Las Vegas casino news finds us at Resorts World. When I am anywhere in Sin City, I’m usually waiting five or ten minutes for a taxi at one of these casino resorts, but not this person. Not only did they pull off the seemingly impossible when they robbed…

This Week in Gambling –International Game Technology, or IGT, has announced another Wheel of Fortune millionaire for their popular slots game back in the month of September. The lucky slots player was spinning the reels of the Wheel of Fortune Pink Diamond slot machine back on September 16 at the Foxwoods Resort Casino up in Mashantucket, Connecticut, when the win hit. That lucky player was able to take home over $1,200,000, and was the second Wheel of Fortune millionaire at the resort this year. Back in May, another player was able to pocket north of $1,660,000 while playing IGT’s Wheel…

There were rumors for quite some time that Caesars Entertainment was going to sell their Flamingo Las Vegas property, and that they wanted a billion dollars for the aging piece of real estate. Now, however, the company has reversed course on the matter and decided they would rather keep the casino resort. You may recall that there was a lot of talk about Caesars selling one of their Strip properties for quite a while. And before there was any specific discussion of Flamingo being sold, many in the industry had speculated that perhaps it was the Planet Hollywood casino that…