Tag Archives: Gaming Control Board
- Resorts World Las Vegas on track, Genting suitability hearing to happen soon
March 7, 2014
Technically, Genting's plan to turn the Las Vegas Strip upside its head is still years away from getting completed. But as early as now, plans are already underway to build the massive Resorts World Las Vegas on the 87-acre land of the old and unfinished Echelon development site. Genting reps...
- Nevada casinos lose $1.35b in 2013, marking fifth straight year of red ink
January 12, 2014
Nevada casinos lost a combined $1.35b in 2013, 11.2% more than 2012’s $1.21b loss and the fifth straight year of red ink. The Nevada Gaming Control Board (GCB) released its annual Nevada Gaming Abstract on Friday, which tracked the collective performance of the 263 state gaming joints that grossed a...
- Cantor Gaming rebrands as Nevada prepares to slap company with $2m+ fine
January 8, 2014
Nevada-based sports betting operator Cantor Gaming has reportedly reached a tentative settlement with Nevada regulators, who have been investigating how much the company knew about the illegal gambling activities of former VP and risk management director Michael Colbert. Colbert was among the 25 individuals charged by federal authorities in October...
- Don’t blame baccarat for Nevada casino revenue slump
November 27, 2013
Nevada casino gambling revenue fell 2.5% to $954.3m in October, snapping a two-month streak of positive revenue tallies. October’s decline was more pronounced on the Las Vegas Strip, where revenue fell 5% to $551.3m. For a change, it wasn’t bad luck at the baccarat tables that contributed most significantly to...
- Nevada’s January revenue fall underscores baccarat dependence
March 8, 2013
Nevada casino gaming revenues fell 12.4% to $909.2m in January and it’s entirely Asia’s fault. January 2012 benefited from the Lunar New Year celebrations, whereas this year’s celebrations fell in February. The comparative absence of lucky-money-bearing Asian whales was even more pronounced on the Las Vegas Strip, where gaming revenue...
- Mississippi online gambling bill dies; California to renew sports bet push; Nevada operator delays
February 7, 2013
While New Jersey and US online gambling fans in general are celebrating Gov. Chris Christie’s ‘conditional approval’ (as it’s been dubbed) of the state’s online gambling legislation, the hopes of Mississippi online gamblers have once again been dashed. Rep. Bobby Moak’s HB 254 aka the Mississippi Lawful Internet Gaming Act...
Law panel leans towards regulating gambling in India
March 20, 2017
Nevada legalizes Parimutuel Betting on eSports
October 17, 2017