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Casino Business Talking Points: Pent-Up Demand Will Fuel New ‘Roaring Twenties’

Casino executives and gaming industry leaders continue to forecast a strong recovery, primarily due to pent-up demand. D Casino owner Derek Stevens, seen here last fall inside his new property Circa, is bullish on the gaming industry’s post-coronavirus recovery. The downtown Las Vegas visionary expects pent-up demand to generate a new “roaring twenties.” (Image: Las Vegas Review-Journal) The frequent talking ...

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Puerto Rico casino move for the Mashantucket Pequot Tribal Nation

The federally-recognized Mashantucket Pequot Tribal Nation has announced the signing of a deal that is to see it spend approximately $12.5 million in order to bring a casino back to Puerto Rico’s famed Fairmont El San Juan Hotel. The Connecticut-based tribe used an official Tuesday press release to declare that the agreement with local hospitality […] Source link The post ...

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China’s overseas gambling blacklist appears to be expanding

Earlier this week, the Ministry of Culture and Tourism in China said in a statement that more destinations will be added to its blacklist system. The destinations to be added were not named at this time. The country has been working quickly to stamp out cross-border gambling by blocking residents from particular tourist destinations. Details […] Source link The post ...

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Goldstein, Purported Sports Betting Backer, Replaces Late Adelson as Las Vegas Sands Chairman, CEO

Las Vegas Sands (NYSE:LVS) removed “acting” from Robert Goldstein’s titles as chairman and chief executive officer, making the long-time executive the company’s first permanent leader following the death of Sheldon Adelson earlier this month. Robert Goldstein (left). He’s now chairman and CEO of Las Vegas in a permanent capacity. (Image: The Straits Times) Goldstein, 64, took the reins as interim ...

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Illegal Gambling Den Raided By Newark, New Jersey Police

New Jersey authorities arrested three Newark men accused of illegal gambling and alcohol sales last weekend, according to news reports. A television station shows a picture of a suspect in an illegal gambling operation in New Jersey. Victor Pereira, seen here, and two others were booked following a police raid in Newark. (Image: News 12 Bronx) Victor Pereira, 61, José ...

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