News

GMA quoted in GGR Asia

2020 pandemic forced casinos to evolve: experts

The land-based casino business in Asia-Pacific and beyond was simply one among many commercial sectors devastated during 2020 by the Covid-19 pandemic.  The economic effects on the casino industry are well documented, with venue closures and dramatic year-on-year declines in casino gross gaming revenue (GGR).

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GMA quoted in the Las Vegas Review Journal

Mobile tech to dominate gaming industry in 2021, experts say

by Mike Shoro

If there’s to be a turnaround in 2021 after a tumultuous 2020 experts say vaccines and mobile technology will be to thank.

Namely, online sports betting, touchless technology and mobile wallets.  Some of those technologies existed pre-COVID.  Then the pandemic hit and accelerated demand for them and other innovations in gaming.

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GMA quoted in the Las Vegas Review Journal

Mayor Goodman talks with NBA commissioner about expansion

by Sam Gordon and Mike Shoro

Las Vegas Mayor Carolyn Goodman said she spoke with NBA Commission Adam Silver on Tuesday morning – one day after he publicly acknowledged that the league was examining the ramifications of expansion beyond 30 teams.

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GMA quoted in the Las Vegas Review Journal

Tourism industry misses out on ‘sorely needed’ COVID relief aid

by Bailey Schulz

After months of debate, federal lawmakers agreed upon a second $900 billion COVID-19 economic relief package – but the industries Nevada relies on most are left wanting.

The relief package includes provisions that could increase consumer spending and willingness to travel, but there is no direct assistance to gaming and hospitality businesses.

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GMA quoted in PlayUSA.com

Many more states are likely to legalize betting in 2021 – And here’s why

With more than half of the great big map of American sports betting shaded in green – or black, or whatever symbolic color- the factions that comprise the industry can’t help but contemplate the prized pieces left.  They also have to consider how the legislative actions and moral judgements in their neighbor states might eventually help shade the whole thing to the same color.

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GMA quoted in the Las Vegas Review Journal

Sisolak extends Nevada pandemic ‘pause’

by Colton Lochhead

With Nevada experiencing its deadliest stretch yet of the COVID-19 pandemic, Gov. Steve Sisolak announced Sunday that the “statewide pause” put in place to slow the rapid spread of the virus will be extended into January and that a moratorium on most residential evictions will be reinstated.

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GMA quoted in the Las Vegas Review Journal

Golden Knights’ Bill Foley gets closer to gaming industry with $9B deal

by Bailey Schulz

Bill Foley is betting billions on the future of online gaming.

On Monday, the Vegas Golden Knights’ owner’s blank check company, Foley Trasimene Acquisition Corp. II, announced plans to merge with Paysafe Group Holdings Ltd., an online payments processing firm that has numerous big-name clients in gaming.

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GMA quoted in the Las Vegas Review Journal

New resort could be coming to Henderson

by Blake Apgar

A new resort could be coming to Henderson.

The City Council is scheduled to consider a resolution next week formalizing its intent to sell about nine acres of land near the northeast corner of the intersection of Las Vegas Boulevard South and St. Rose Parkway to Marnell Gaming Management LLC.

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Brendan quoted in CDC Gaming Reports

Keeping Las Vegas Strip casinos open akin to ‘walking on the edge of a knife’

By Howard Stutz

Nevada’s governor doesn’t want to close casinos or limit visitation to the Las Vegas Strip, even as the state’s current COVID-19 infections show a “wildfire of community spread (that) continues to grow out of control.”

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Brendan Bussmann quoted on Nevada Public Radio

December Hints At A Tough Winter For The Strip

by Mike Prevatt

December is usually a quiet month in Las Vegas.

Between the National Finals Rodeo and the year-end holidays is a two-week dead zone.

And this December it will be worse.  There’s no rodeo.  No huge New Year’s celebration.  No shows or conventions.  No scores of overseas tourists.

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