News

GMA quoted on GamingToday.com

Adelson taking medical leave from Las Vegas Sands

by Buck Wargo

Wall Street and the gaming industry weighed in Thursday on the announcement that Las Vegas Sands Chairman and CEO Sheldon Adelson would be taking a leave of absence to resume treatments for non-Hodgkin’s lymphoma as the company’s Las Vegas properties are on the sale’s block.

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GMA quoted on MassLive.com

Massachusetts sports betting proposal cut out of economic development bill as lawmakers push past traditional deadline

By Steph Solis

The last-minute economic development deal reached late Tuesday confirmed what casino operators, major league sports owners and sports betting evangelists feared: Massachusetts lawmakers won’t legalize sports wagering – at least not yet.

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GMA quoted in the Wall Street Journal

MGM’s Bid for Ladbrokes Bets Online Gambling Can Help Casinos’ Odds

by Katherine Sayre

U.S. casino operators are wrestling for control of an online-and sports-gambling market that has softened the blow of Covid-19 closures, but there is a long way to go before digital wagering can match the profits from bricks-and-mortar casinos.

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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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