While Bally’s President George Papanier did not offer details, A’s owner John Fisher expressed hope that Bally’s casino-resort plans will become clearer soon.

The 33,000-seat ballpark is part of a partnership that was established in May 2023 between Bally’s, Gaming and Leisure Properties (land owner of the site), and the A’s. The ballpark will occupy nine of the 35 acres.

Meanwhile, Bally’s plans to build a casino-resort on 15 acres, with the remaining area allocated for infrastructure.

Bally’s released plans last October, following the implosion of the Tropicana. However, as the operator has been involved in several projects, it has not provided further details since.

Fisher hopes that the resort’s initial construction phase will align with the A’s stadium’s timeline,

“I think those conversations need to sort of happen with them. What they’ve shown us is exciting.”

MGM Resorts International CEO Bill Hornbuckle, whose properties will likely support much of the stadium’s parking, stressed that Bally’s still needs to “zero in on a real plan” and make it clearer what’s going to be built.

Does Bally’s Have The Financing For Las Vegas Casino?

While the A’s owner dismissed concerns regarding Bally’s plans, the project faces uncertainty, primarily due to financial worries.

As of April, it carried around $3.4 billion in debt while its market cap is around $500 million. The total debt-to-equity ratio has led to multiple downgrades to sub-investment-grade status.

Recently, Fitch Ratings downgraded Bally’s to a B- with a “Negative” outlook. Other similar downgrades include from Moody’s (B2) and S&P Global (B-).

The agencies cite reasons for the downgrade, including “high leverage” and “execution risks” associated with the Vegas property and Bally’s $1.7 billion Chicago project.

Bally’s still needs to raise $1.1 billion to fund the Tropicana site. Gaming & Leisure Properties has earmarked $175 million for demolition, of which about $125 million remains. Additionally, the Tropicana site landlord has committed $940 million to the construction of the Bally’s Chicago project.

Uncertainties surrounding other projects also contribute to analysts’ concerns. That includes Bally’s bid for a New York casino, which would cost billions and new debt covenants in Rhode Island.

Compounding concerns is the fact that Bally’s would be entering an already saturated Las Vegas market, which has over 150,000 existing hotel rooms.

According to the Las Vegas Convention and Visitors Authority, total visitors are down 6.5% year-to-date through May, compared to the same period in 2024. At the same time, occupancy is down 2.5%.

Additionally, gaming revenue remains flat, primarily due to the strong performance in January.

Given these challenges, questions remain whether Bally’s can realistically finance and build the Las Vegas property. Some analysts have called for the company to enter a joint venture or sell the property.

Chicago, New York Casino Plans Keeping Bally’s Busy

Despite the financial headwinds, Bally’s continues to pursue an aggressive multi-front expansion strategy.

The company’s flagship $1.7 billion Chicago project is under pressure to meet its September 2026 state-mandated opening. Recently, construction was shut down for nearly a month after the Chicago Sun-Times revealed that a waste-hauling subcontractor with reputed mob ties was working on the site.

Bally’s is also in the running for a coveted New York casino license. The company is one of eight candidates for three licenses. It recently cleared a major state hurdle in the licensing process, with applications due on June 27.

Bally’s will likely know by the end of the year whether it will receive one of the licenses. If it does, it will need to pay $500 million for the license, invest at least $500 million, and pay $115 million to the Trump Organization as part of the purchase agreement for the Ferry Point site in the Bronx.

The company has also made international headlines. In April, Bally’s agreed to pay $180 million for a 57% stake in Australia’s Star Entertainment Group.

However, not all of Bally’s ambitions have come to fruition. Bally’s has abandoned some regional projects in the past few years, including those in Richmond, Virginia, and State Park, Pennsylvania, due to local resistance and financial uncertainty.

The scale of Bally’s expansion plans has drawn sharp criticism. Industry analysts have labeled it overambitious and financially risky.

The post A’s Break Ground on Las Vegas Ballpark, But Bally’s Casino Plans Clouded appeared first on CasinoBeats.

GAN

Robert Shore has been appointed as vice president of investor relations and capital markets at GAN, where he will bring more than 15 years of experience in corporate finance, investor relations, and Wall Street research.

In the newly created role, Shore will lead the group’s investor relations and capital markets efforts, including strategic engagement with the investor community and analysts around the company’s positioning in the digital gaming space.

Dermot Smurfit, chief executive officer of GAN, commented: “Bobby is a seasoned professional with extensive experience in corporate finance and investor relations, along with a proven track record on Wall Street.

“We believe his strong gaming experience and deep-rooted relationships within the industry will be extremely valuable as we continue to increase our visibility with institutional investors and propel GAN to the next level.”

Valley Forge Casino Resort 

Ron Bailey has been names vice president and general manager of Valley Forge Casino Resort, where he will be charged with leading overall strategy and oversee day-to-day operations of the property, which includes 850 slot machines and 50 table games.

Prior to joining Valley Forge Casino Resort, Bailey served as vice president and general manager at Boyd Gaming’s Sam’s Town Hotel & Casino in Shreveport, Louisiana.

In addition, he also previously held the position of assistant general manager at The Orleans Hotel & Casino in Las Vegas.

“Ron is a seasoned executive with a strong track record of success and diverse experience from multiple gaming properties and jurisdictions,” noted Ted Bogich, executive vice president of operations at Boyd Gaming Corporation.

“Under Ron’s leadership and with our talented team at Valley Forge Casino Resort, we expect to see continued growth for the property and exceptional service for our guests.”

Receptional

Bedfordshire based digital marketing agency Receptional has announced the additions of Jack Rose and Dean Rowland to its board of directors.

Rose has taken on the role of operations director, overseeing the day-to-day running of the business to support its clients. Rowland joins as business development director to oversee new business and marketing to drive growth.

Justin Deaville, Receptional’s managing director, commented: “Jack has been a valued member of our team for several years. He has been a keystone of our culture and has contributed enormously to the team’s personal and commercial growth. He is both liked and respected. I’m delighted he has agreed to join the board.”

Adding: “I’m excited Dean will be joining Receptional as a director. He has worked for some
of the world’s most successful agencies – OMD, Havas, Publicis, and MullenLowe
Group – so he has loads of relevant experience.

“He’s going to fit in well with the rest of the team; during the interview process, his
commitment to culture stood out. He is creative, yet analytic; ambitious but thoughtful. And his drive matches ours.”

Jamul Casino

Jamul Casino has announced that Theresa Grady has been promoted to chief financial officer, where she will be charged with adding oversight of the compliance, procurement, and cash and club services department to existing responsibilities

Grady’s advancement comes after almost four years with the casino as its former director of finance, where she was highly involved in building the casino‘s finance, audit, vendor payments, payroll, and count operations teams, as well as helping spearhead the completion of a recent refinance in January 2021.

“I love working in the tribal gaming setting—it’s unique, challenging, and ever-changing.  I have especially loved working with the Jamul Tribe for the past several years,” Grady said.

“The tribe has a relatively young casino, but has been able to establish it as a respected leader in the San Diego gaming industry. Being a part of helping the tribe grow and prosper by creating this stable platform for future generations has been very rewarding.”

Everi

Everi has announced that E. Miles Kilburn, chairman of the board of directors, has informed the company of his intention to retire and will not stand for re-election at the 2021 annual meeting of stockholders, which will be held on May 19, 2021.

Subsequently, the board has appointed CEO Michael Rumbolz to become chairman upon Kilburn’s retirement, as well as naming Ronald Congemi, a member of the board for the last eight years, as lead independent director, effective immediately.

The board says that it intends to review the opportunity to fill the open director position created by Mr Kilburn’s retirement “through the addition of a new director that would continue to advance the gender, cultural and professional diversity of its current composition and that would bring additional gaming, financial technology, digital and leadership experience to the board”.

Potawatomi Hotel & Casino

The Forest County Potawatomi Community, owners of the Potawatomi Hotel & Casino in Milwaukee, has named Sheryl Schnering as interim CEO/general manager of the property.

Schnering, who replaces Rodney Ferguson in the position, has worked at the property for 13 years and currently serves as the CFO, a role occupied for the last six years.

“Sheryl has been an integral part of our team at Potawatomi Hotel & Casino for well over a decade. She has been with us throughout our growth and has helped us successfully navigate through this pandemic,” said Ned Daniels Jr, chairman of the Forest County Potawatomi Community.

“Sheryl has been nothing short of exceptional during her tenure at Potawatomi Hotel & Casino, and we know that success will continue while we transition to the next era of our operations.”

The post Part 64 | On the move: recruitment round-up appeared first on CasinoBeats.

SKS365

International sports betting and casino operator SKS365 has strengthened its international expansion plans via the appointment of Lara Falzon as group chief financial officer.

The firm, first registered in Austria and operating in Italy under the Planetwin365 brand, is currently going through a period of ‘intense growth’ both regionally in the Italian market and on an international scale.

“I am very pleased to welcome Lara to our talented executive team at SKS365 as CFO,” said Alexander Martin, CEO of SKS365. “Lara brings a wealth of experience in M&A activity and leading financial operations across international markets combined with in-depth industry experience from working at various gaming companies.

“Finance is a key function at SKS365 supporting actively our growth and profitability targets and I am delighted to have Lara leading our excellent finance team.”

Everi

Everi Holdings has named Kate Lowenhar-Fisher as executive vice president, chief legal officer – general counsel, and corporate secretary, effective March 22, 2021, subject to customary regulatory approvals.

Most recently serving as an equity member in the Las Vegas office of Dickinson Wright PLLC, where she chaired the firm’s gaming and hospitality practice group, Lowenhar-Fisher will have responsibility for the company’s legal and regulatory compliance affairs and will report to Everi CEO Michael Rumbolz.

Rumbolz added: “We are delighted to welcome Kate to the Everi team at this exciting time in the ongoing evolution of our company and our industry. Her extensive experience across a comprehensive range of corporate issues and deep knowledge of the gaming industry’s unique regulatory and compliance standards will be vital assets for our business going forward.

“With Everi’s growth focus and future expansion opportunities, we are fortunate to welcome to our team someone with Kate’s experience in so many aspects of gaming and corporate law. We look forward to the benefit of her counsel and contributions.”

Foxwoods Resort Casino

Jason Guyot has been confirmed as the president and chief executive officer of Foxwoods Resort Casino by the Mashantucket Pequot Tribal Nation, after assuming the role an on interim basis in April 2020.

Guyot, who is lauding as having led Foxwoods’ COVID-19 response team, developing and implementing the resort’s extensive safety measures, is focused on expanding and bolstering Foxwoods’ offerings for guests.

“I am very honoured to be appointed Foxwoods’ President CEO – a role that means everything to me,” stated Guyot. “I’ve been very fortunate to have been afforded the unique opportunity to begin and advance my career at Foxwoods, driven by my desire and passion to learn and grow, personally and professionally.

“As a tribal member, I’m equally grateful for the opportunity to contribute toward the future success of our tribal nation. I remain personally invested in and fiercely committed to the ongoing growth of our resort, as well as our team members and tribal members, and I look forward to continuing to offer our guests superior hospitality as well as the memorable experiences they’ve come to expect from Foxwoods Resort Casino.”

GeoComply

GeoComply has strengthened its management team with the promotion of Lindsay Slader to the position of managing director of gaming, where she will be responsible for the group’s gaming business on a global scale.

In addition, Chad Kornett, has joined the group as VP of global government relations, with The changes made to support the growth of GeoComply’s core business as well as its expansion into international markets.

“The growth of GeoComply over the past 10 years has been nothing short of amazing and I am very excited to be leading the company’s gaming business as it expands internationally,” explained Slader.

“And I’m so happy to welcome Chad to the GeoComply team as our history goes back to my days at GLI where his expertise and professionalism had always been impressive. Chad will play a pivotal role in the company as we continue to grow our core gaming business in the U.S. and move rapidly into new markets.”

The post Part 61 | On the move: recruitment round-up appeared first on CasinoBeats.

PureSoftware

Tech firm PureSoftware has recruited gaming industry veteran Gavin Isaacs, as the company strives to expand its footprint in the sector.

The organisation lauds “extensive knowledge of gaming technology, leadership skills and deep industry expertise,” as it eyes an expanded footprint in the gaming world.

Based in Las Vegas, Nevada, Gavin brings more than 20 years of experience in the gaming industry. He currently chairs sports betting and gaming technology solutions provider SBTech, and is the director of Galaxy Gaming 

Under Isaacs’ guidance, PureSoftware plans to acquire new customers, establish a leadership position in the gaming industry and enhance its services portfolio for game manufacturers and casinos.  

“It gives me great pleasure in welcoming Gavin as an advisor to PureSoftware. Gavin is a highly accomplished, and respected professional who has built incredible expertise by leading a wide gamut of lottery and casino gaming companies across the globe.” – Anil Baid, founder and chief strategy officer of PureSoftware. 

Digital Fuel Marketing

Dan Stanton and Callie Dove have been added to the Digital Fuel Marketing ranks, as the agency moves to strengthen its affiliate management service.

Lauding the appointment of “two igaming industry veterans,” the hires come as Digital Fuel aims to bolster its affiliate management offering to new and existing clients.

Stanton brings 19 years experience across the betting and gaming industry, with a deep knowledge of poker and casino gained with roles at William Hill, Ladbrokes and Coral. 

Dove has been working in the igaming industry since 2007 and boasts experience in affiliate management and VIP management in various hubs including Tel Aviv, Malta and the UK. 

Digital Fuel Marketing currently manages affiliate programmes for multiple brands across the UK, US and Australia including Unikrn Esports, Volt Casino, Fairplay Casino, Blue Bet, Sportchamps, Hollywood Affiliates, Campeon Gaming, Lottomart and more.

“Both Dan and Callie have a proven track record for increasing revenue and maximising what is possible for brands in the affiliate space. Combining their experience with Digital Fuel’s existing knowledge puts us in pole position to offer our affiliate marketing solutions to new and existing customers in a diverse and evolving marketplace” – Toby Oddy, CEO and founder of Digital Fuel Marketing.

UNLV International Gaming Institute

Jan Jones Blackhurst has deepened an affiliation with the UNLV International Gaming Institute after being named as chief executive in residence.

Turning her attention to the academic sector, Jones Blackhurst bring more than 20 years in executive leadership roles on the Las Vegas Strip, most notably as Caesars Entertainment’s executive vice president of government relations and corporate social responsibility. Prior to this, she served for two terms as Las Vegas’ first female mayor.

Switching focus, Jones Blackhurst believes that the university’s powerful voice and research-backed efforts can change cultures across the global gaming and hospitality industry. 

Since 2015, she has worked with UNLV IGI on the ‘Expanding the Leaderverse’ initiative, an academic center of excellence which promotes diversity and inclusiveness at the highest levels of leadership in the gaming and hospitality industry. 

“A few years ago, I approached then-UNLV President Don Snyder with an idea to launch the world’s first academic initiative dedicated to women and gaming issues,” Jones Blackhurst said. “Today, we have already achieved so much, but we are not yet satisfied.

“A growing body of research now shows that more inclusive leadership teams are more successful. Moving forward, we will change the culture of women in leadership, and we will not stop until this industry becomes a beacon for others to study.”

Sahara Las Vegas

Christopher Bond has joined Sahara Las Vegas as the new vice president of hotel sales, overseeing the team responsible for generating room bookings, as well as catering revenue through convention and meeting group sales. 

Bond joins Sahara Las Vegas with more than 20 years experience in the hospitality, travel and tourism industries including senior level roles across the Las Vegas Strip.

“We are thrilled to add Chris’ experience to our talented executive team. His talent and significant achievements in the meetings and hospitality industry will guide the resort’s ongoing enhancements to the more than 95,000 square feet of meeting space as our $150m resort transformation continues.” – Paul Hobson, senior vice president and general manager for Sahara Las Vegas.

The post Part 13 | On the move: Recruitment round-up appeared first on CasinoBeats.

So if you like a good lucky story, fancy a giggle or two or simply need any kind of sporting fix to get over the wave of cancellations, we hope the below satisfies those cravings.

Carefully does it!

Among the many interruptions to everyday life currently underway, gym routines are one such example that has seen countless amounts of creativity in making stay at home life appear as normal as possible. Should this be the path you’re taking, heed the advice from the unlucky individuals below.

Las Vegas

If you didn’t see the news concerning Las Vegas this week, where have you been! Much has been said of Mayor Carolyn Goodman’s interview with US journalist Anderson Cooper, but we’ll let you make up your own minds.

Las Vegas Mayor offers city as “control group”, “we offer to be a control group” to see how many people die without social distancing. pic.twitter.com/NESE2hActE

— Josh Marshall (@joshtpm) April 22, 2020

Play time

Picking up on the theme of exercise routines, it isn’t just humans who must be jumping at the chance to get out of the house.

What just happened?

We’re not quite sure what social media personality Danny Duncan was thinking here, but why go through all that effort to just throw it on the floor?

This is outrageous ?

(via @DannyDuncan69) pic.twitter.com/2BBdzX3lVm

— SportsCenter (@SportsCenter) April 18, 2020

Unforgettable moments

How do you pass the time during lockdown? The following group have been busy recreating some of the football World Cup’s most iconic moments.

#LockdownLegend: @Eman_Official ?

Recreating some of the most iconic World Cup moments… including that Zidane headbutt.

You notice something new every time. ?pic.twitter.com/sm47izTOUi

— Squawka Football (@Squawka) April 20, 2020

Captain Tom

Much has been said regarding the efforts of Captain Tom Moore’s fundraising efforts for the NHS, so here he is receiving a call from cricketing hero and England Captain Joe Root.

War veteran @captaintommoore raised more than £25m for the NHS, so his cricketing hero @root66 gave him a call to make his day ? pic.twitter.com/7jbLCheZ3O

— SPORTbible (@sportbible) April 21, 2020

The Big Night Spin

As part of its fundraising efforts to support those affected by COVID-19 the BBC held its Big Night In telethon last night, complete with Big Night Spin challenge. This saw professional athletes spin around ten times and then try to complete an action associated with their sport, as seen below.

Spin ? times and bowl the ball? Harder than it sounds! ?

Our players had a go at the #BigNightSpin for the @BBC‘s #TheBigNightIn pic.twitter.com/6PuE21DTRP

— England Cricket (@englandcricket) April 23, 2020

Some England players took on the #BigNightSpin challenge in support of #TheBigNightIn with mixed results….?

Are you OK @benyoungs09? ? pic.twitter.com/ozaDtj4Y3p

— England Rugby (at ?) (@EnglandRugby) April 23, 2020

It looks easier than it looks doesn’t it @JesseLingard?! ?

Watch #TheBigNightIn and join in with the #BigNightSpin on @BBCOne & @BBCiPlayer now.

Here ? https://t.co/OGalRCEDym #ManUtd #bbcfootball pic.twitter.com/XnBJuENl2G

— BBC Sport (@BBCSport) April 23, 2020

The post Part 5 | Social says: Enjoying <br> the lighter side of life appeared first on CasinoBeats.

According to a spokesperson for Boyd Gaming, the guest, who chose to remain anonymous, was playing $30 per hand and placed two side bets, a $1 progressive side bet and a $5 Fortune Bonus side bet

Table Game Player Hits Las Vegas Jackpot

The significant win occurred on the player’s second hand, when a natural seven-card straight flush (three through nine of clubs) was dealt, resulting in a $461,351 progressive jackpot and a $25,000 Fortune Bonus payout. Two other players each received $3,000 from their Fortune Bonus bets.

This event is among several notable gambling wins reported across Las Vegas casinos in May 2025. Aliante Casino celebrated a $10,000 table game win, while Binion’s Gambling Hall & Hotel reported multiple jackpots.

Cannery Casino also highlighted a $35,000 slot machine payout, and Golden Nugget awarded five-figure slot jackpots.

Additional wins included an $18,892.98 jackpot at OYO Hotel & Casino, a $20,760 Pinball Double Gold win at Sam’s Town, and a $15,312.57 win on Money Gong at Durango Casino & Resort. Sunset Station also reported a $32,032.50 Multi Strike Poker jackpot.

The increase in jackpot activity coincides with a broader trend in the casino industry, where operators are enhancing progressive jackpot offerings and bonus features to attract both local and tourist players.

Las Vegas, Nevada, relies heavily on tourism to drive revenue. Although jackpots and a premium gaming experience are among the primary visitor drivers, Vegas is also known for its top-tier dining and hospitality.

For example, artist Bruno Mars is nearing his 100th Las Vegas show at Park MGM, with a run that dwarfs that of other music legends. 

The Orleans and other properties managed by Boyd Gaming have reported consistent interest in Pai Gow Poker and similar games, which combine elements of skill and chance and offer multiple bonus payout opportunities.

The post Las Vegas Table Game Player Hits $486,000 Jackpot appeared first on CasinoBeats.

On May 15, the Nevada Gaming Control Board (NGCB) announced that Wynn had agreed to pay a $5.5 million fine after the regulator had filed a complaint on the same day. The agreement is pending approval from the Nevada Gaming Commission on May 22.

Wynn Las Vegas Fine Related To a Federal Probe of AML Failures

The proposed Stipulation for Settlement between the regulator and Wynn comes after NGCB filed a complaint for disciplinary action on May 15. 

The complaint alleges that the operator used improper business practices, including “unregistered money transmitting businesses, facilitating international monetary transactions, allowing proxy betting, and other prohibited monetary transactions.”

According to NGCB, former Wynn employees allowed international patrons to move money for gambling and place wagers on behalf of others, violating the company’s AML protocols.

The Nevada regulator’s complaint concerns Wynn’s September 2024 Non-Prosecution Agreement with the US Attorney’s Office for the Southern District of California. In that agreement, the company agreed to forfeit $130 million to settle a federal investigation into AML violations.

After resolving the federal case, NGCB opened a separate investigation, to which Wynn fully cooperated. In addition to the $5.5 million fine, Wynn will implement enhancements to its AML procedures and provide additional employee training.

MGM and RWLV Also Fined Over Similar Lapses

Wynn’s fine marks Nevada’s third high-profile AML enforcement case this year.

In March, RWLV agreed to pay a $10.5 million fine, the second-largest in Nevada gaming history. The Nevada regulator imposed a substantial penalty for regulatory violations related to engaging with illicit bookmakers, including Damien LeForbes and Mathew Bowyer.

Bowyer ran an illegal operation with over 700 clients and had ties to MLB star Shohei Ohtani’s disgraced former interpreter. Bowyer used the illicit funds from his operations to gamble at RWLV. He lost over $8 million, including $1.2 million in two months.

NGCB accused the company’s former President, Scott Sibella, and other executives of negligence and failing to report Bowyer’s suspicious activities as part of AML protocols.

Bowyer was also connected to another fine imposed by the NGCB. In April, MGM Resorts International agreed to pay an $8.5 million fine for similar AML protocol failures. 

Like in the RWLV case, Bowyer used proceeds from his illegal operations to gamble at MGM properties on at least 300 occasions. Meanwhile, another illegal bookie, Wayne Nix, lost nearly $5 million at MGM properties.

The connection in both cases is Sibella. Before he became RWLV President, he was the President of MGM Grand Casino. In 2024, the former executive pleaded guilty to violating the Bank Secrecy Act. 

He received a one-year probation and a $9,500 fine. Later, Sibella agreed with Nevada regulators to surrender his gaming license, ending his casino industry career in the state.

The post Wynn Accepts $5.5M Fine, Becomes the Third Las Vegas Operator Fined This Year appeared first on CasinoBeats.

The substantial fine comes after allegations arose around the casino courting illegal bookmakers, including Damien LeForbes and the now infamous Mathew Bowyer, a Southern Californian bookmaker with unsavory ties to MLB star Shohei Ohtani’s disgraced former interpreter.

In what amounted to a unanimous 4-0 decision, the Nevada Gaming Commission initiated the penalty in the hope of deterring future incursions by other state casino resorts and bookmakers. Following the decision, Commissioner Brian Krolicki underscored the severity of Resorts World’s violations and described the scandal as “a profound teachable moment for the industry.”

Illegal Bookmaker Bowyer Frequently Gambled at Resorts World

 At the center of the dispute was controversial bookmaker Bowyer, who was found to be running an illegal gambling operation with over 700 clients. He had also racked up over $8 million in losses himself while gambling at Resorts World.

While Las Vegas casinos typically extend luxury perks to high-rollers – which often include the use of private jets – questions arose about Bowyer’s extended privileges, exorbitant losses, and how his wife had become his own personal RWLV casino host.

Despite Bowyer’s significant role in the ruling, the RWLV violations extend beyond the bookmaker, honing in on the casino’s dealings with convicted illegal gamblers as well.

Not only were these nefarious exchanges not reported, but the Nevada Gaming Commission also determined that RWLV’s executives knowingly failed to act accordingly and deemed them negligent and open to possible money laundering violations.

As part of the agreed settlement, the casino was directed to overhaul its leadership team and tighten its anti-money laundering (AML) protocols. In response, RWLV has since appointed a new CEO, Alex Dixon, and established a board of directors featuring industry heavyweights, including former MGM CEO Jim Murren.

Reflecting on RWLV’s swift boardroom clearout, Krolicki acknowledged the proactive steps being made, stating, “I believe this is a wonderful fix and a new pivot for Resorts World,” before calling them a “dream team.”

Nevertheless, the Nevada Gaming Control Board has since specified that should any future federal criminal, civil, or administrative actions be filed against RWLV, they, too, may initiate counterdisciplinary measures.

RWLV’s Struggles Continue, Vegas Strip Warned

 Ultimately, the fallout is not limited to the financial penalty. RWLV reported a 21% revenue drop in Q4 2024 and has since announced several staff redundancies.

Despite the scandal’s reverberations, the Nevada Gaming Commission insists the case should serve as a wake-up call, with Krolicki declaring, “I also believe this is a clarion call up and down [the Las Vegas Strip] that these rules are to be adhered to perfectly.”

The post Resorts World Las Vegas Hit with Historic $10.5M Fine Over Illegal Bookmaker Ties appeared first on CasinoBeats.

The move to cancel the event, known as ‘G2E Las Vegas’ and set to take place at the Sands Expo and Convention Center in the city in early October, was announced last night.

“In light of continued uncertainty around a viable marketplace at a physical G2E show, global travel restrictions, and currently unknown guidance on large public gatherings this fall, we have come to the unfortunate conclusion that we simply cannot hold an in-person G2E this year,” said AGA President and CEO Bill Miller.

“Health and safety have always been our top priority and the uncertainty created by the ongoing pandemic makes this the prudent decision ahead of critical deadlines for exhibitors planning to participate.”

The 2020 staging of G2E Las Vegas will not be rescheduled for a later date, organisers said, with the next in-person edition of the expo set to return to the Sands Center on October 4-7, 2021. Organisers however do expect to announce a virtual event at some stage.

“We arrived at this decision after thoughtfully engaging with national, state and local public health authorities, as well as exhibitors and buyers who have shared industry observations and priorities,” said Hervé Sedky, President of Reed Exhibitions Americas.

“Ultimately, it became clear that proceeding with an in-person gathering simply was not feasible. It is our commitment to use G2E’s platform, as the leading convener of the global gaming community, to continue to deliver unparalleled education content, inspiring collaboration, and innovative ideas as the industry readies for continued growth.”

AGA CEO Miller added: “As the country works to reopen, the American gaming industry continues to adapt and provide the safest possible experience for our employees and customers while continuing to support the communities in which we operate.

“We look forward to the moment when we can convene together again with our colleagues from across the world and celebrate the resilience that our industry is known for.”

Rasmus Sojmark, CEO and Founder of SBC, said of the announcement: “This is a sad day for the industry, to see G2E Las Vegas – probably the industry’s largest trade show – cancelled. It is of course the latest of many physical events to be postponed or cancelled due to the COVID-19 pandemic.

“We at SBC are very good friends with the team at Reed and we are of course sad for them – but we also applaud their brave decision to act decisively at this time,” said Sojmark.

“We wish them well with any virtual events and will support them through our media channels and by attending in person. The success of the SBC series of digital events – continuing next week with the SBC Digital Summit North America – has only been possible with outstanding support from the industry and it is something G2E can count on at a difficult time.”

The post G2E Las Vegas cancelled due to travel restrictions and ‘uncertain guidance’ appeared first on CasinoBeats.

Wilna van Wyk

The Nevada Gaming Control Board’s latest financial update shows that the state recorded total gaming revenue of $15.6 billion in 2024, a new annual record.

The $15.61 billion recorded was a 0.55% increase year over year compared to 2023’s data. Gaming revenue recorded for the final quarter of calendar year 2024 (October through December) was $4.06 billion. 

The number of licensees that reported results across the year was 454, with 436 submitting data for December.

Slot machines were Nevada’s primary revenue driver in 2024, generating $10.52 billion, or 67.3% of total gaming revenue. This represented a yearly growth of 2.27%. The average win percentage across all denominations was 7.2%.  

The NGCB reported that there were 127,176 slot machines across the Silver State. 

Multi-Denomination Slots Surge as Single-Denomination Machines Decline

A breakdown by slot machine denomination shows a move from specific-denomination slots to multi-denomination machines:

• 1-Cent Slots generated $2.37 billion, down 24.87% year-over-year;
• 5-Cent Slots revenue was $35.3 million, a decrease of 17% when compared to 2023;
• 25-Cent Slots dropped 17.86% to $180.6 million in revenue in 2024;
• $1 Slots also fell by 17.26%, recording $528.0 million for 2024;
• $5 Slots saw the most significant year-over-year fall by percentage, with a 24.78% decrease to $52.9 million;
• $25 Slots generated $17.7 million, a decrease of 22.51% from 2023’s figure;
• $100 slots reported the most minor decrease in single-denomination slots, dropping 8.72% to $29.1 million in revenue for 2024
• Multi Denomination slots rose 19.77%, generating $7.15 billion of all slot-based revenue in 2024. 

Slot machine revenue was 73.6% of the renowned Las Vegas Strip’s gaming revenue in 2024. 

Within table games, Blackjack generated $1.34 billion in revenue, up 1.07% year-over-year. Baccarat generated slightly more, with $1.39 billion, but this was a 6.33% decrease in 2023’s reported revenue. Roulette revenue also decreased by 4.39%. 

Nevada sports betting revenue stagnated, only increasing by 0.17% yearly to $482 million. The channel shift continued in Nevada, with mobile sports betting driving 59.3% of the state’s total GGR. The $285.8 million mobile sports betting revenue increased by 18.82% yearly. 

Basketball betting revenue was the most significant compared to American football, baseball, and hockey, rising 14.3% year over year to $152.5 million. Baseball reported the most significant decrease, down 22.9% to $71.8 million for 2024. 

Written By

Wilna van Wyk

Wilna van Wyk is an online casino enthusiast with over a decade of experience working with some of the world’s biggest gambling affiliates, including Thunderstruck Media and OneTwenty Group. She specializes in gambling sites and games and provides expert knowledge on the online casino industry’s essential fundamentals.

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