Tag: Vegas casino
Las Vegas Palms First Tribal Casino in Vegas!
This week’s gambling news finds the Las Vegas Palms back up and running! Under new management! And becoming the first Tribal casino in Vegas! Plus, a casino billionaire is buying up land on Las Vegas Boulevard! Plus, two new game reviews just in time for Cinco de Mayo! The Las Vegas Palms is finally back up and running after closing for the pandemic, making them one of the last casinos in Sin City to reopen their doors. But the story here is not THAT the Palms is operating again, so much as WHO is operating the Palms! While they may…
Vegas Casino Offers Workers Cash for Vaccinations
Casinos in Sin City are desperate to get to 100% occupancy levels. Now, one Vegas casino is willing to incentivize their employees with cash if they will get the Coronavirus vaccination. The Cosmopolitan is putting their money where their mouth is and offering up to $1 million in bonus cash for their workers who receive the COVID-19 vaccine. Those bonuses will kick in once the staff reaches a 60% vaccination rate. Once 60% of Cosmopolitan employees have been vaccinated, workers who received the shot will receive a $50 bonus. At 70% the bonus is $100, 80% nets them $250, and…
Wire Act and Coronavirus Gambling News
What an interesting week of gambling news! First, the Coronavirus pandemic has affected the global economy, and naturally casinos have been hit hard. Also, an update on the Department of Justice Wire Act case, as New Jersey has now joined the fight! So this is how we die! With dirty butts, fighting over the last squirt of hand sanitizer! And here’s what’s happening This Week in Gambling! Hello friends! The apocalypse is upon us! I just didn’t think it would come down to a war over toilet paper. The corona virus is sweeping the planet disrupting everything in its path,…
Nevada gaming board bans casino licensees from medical marijuana trade
Las Vegas Review Journal – The Gaming Control Board told its license holders Tuesday they cannot participate in the state’s potential medical marijuana business. In an industry notice posted to the Control Board’s website, the agency, which is charged with licensing and regulating the state’s casinos and gambling equipment providers, said the federal government views distribution, possession and sale of marijuana as a crime. “Accordingly, unless the federal law is changed, the board does not believe investment or other involvement in a medical marijuana facility or establishment by a person who has received a gaming approval or applied for a…
Online Poker & Macau Boost Vegas Casino Revenue Reports
Two factors produced the biggest smiles for investors in Las Vegas casino publicly traded companies as they pored over their earnings reports this quarter. Their companies either had a connection to Macau or are delivering — or are on the verge of delivering — real-money online poker. As the quarterly earnings season winds down, it is clear that the biggest winners this time were the companies that had a presence in Macau, and the bigger the presence, the bigger the score. Las Vegas Sands, Wynn Resorts and MGM Resorts International had good quarters, and, not surprisingly, all three are in…