News

Brendan Bussmann quoted on Yahoo Finance

Titans of Sports Gaming forming Grand Alliances

Sports fans across the country are showing more willingness to take a financial interest in the outcome of games, and in 18 states that allow sports betting, they may not even have to leave their couch to do it.

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Brendan Bussmann quoted in the Las Vegas Review Journal

Treasury, IRS silent on raising the threshold for jackpot paperwork

by Richard N. Velotta

It seems a pretty simple and straightforward request, but it may take an act of Congress to get it accomplished.

As the amounts of slot machine jackpots grow and the casino industry expands across the United States, the low threshold for issuing an IRS Form W-2G is becoming a bigger problem for the industry.

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Brendan Bussmann quoted in the Las Vegas Review Journal

China’s Golden Week a wash for Las Vegas this year

by Bailey Schulz

One of the busiest travel months for Chinese tourists is expected to be a wash for Las Vegas in 2020 because of the novel coronavirus.

The weeklong National Day holiday, also known as Golden Week, kicks off Oct. 1 each year and celebrates the founding of the People’s Republic of China.

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Brendan Bussmann quoted in Gaming Today

Positive signs emerge for Las Vegas tourism

by Buck Wargo

A video of a fight that went viral at the Encore and negative attention heaped on Las Vegas last week will soon be forgotten and won’t deter visitation and won’t prompt any major increase in rates, marketing experts said.

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Brendan Bussmann quoted in CDC Gaming Reports

Sports betting referendums highlight three state ballots in November

by Howard Stutz

Three states will ask voters to consider legalizing sports betting through referendums on their Nov. 3rd ballots.

Some observers may view the vote as a formality, considering the recent, rapid expansion of sports betting in the U.S. No one, however, is taking passage for granted, given the narrow results a year ago when Colorado voters approved sports betting.

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Brendan Bussmann quoted in the Las Vegas Review Journal

Casinos to be fined $435K for violating policies, COVID health regulations

by Richard N. Velotta

The Nevada Gaming Commission issued a mixed bag of punishment to casino companies across the state for failing to abide by Gov. Steve Sisolak’s efforts to keep the coronavirus under control.

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Brendan Bussmann quoted in the Las Vegas Review Journal

Caesars expresses interest in buying William Hill

by Mike Shoro

The board for sports betting company William Hill confirmed Friday that Caesars Entertainment Inc. and Apollo Management Inc. have expressed interest in buying the company.

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Brendan Bussmann quoted in GGB News

Analyst: Crown Negligence ‘Unfathomable’

An investigation by the New South Wales Independent Liquor and Gaming Authority (ILGA) has confirmed that Australian gaming giant Crown Resorts disregarded warnings of money laundering activity in its Australian casinos, and may have done business with entities linked to organized crime through its dealings with high rollers and Asian junkets.

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Brendan Bussmann quoted in the Las Vegas Review Journal

No-smoking policies inside hotel-casinos spreading

by Bailey Schulz

Las Vegas’ no-smoking policies are spreading.

On Monday, the Cosmopolitan of Las Vegas confirmed that it had prohibited smoking in all public walkways and resort corridors on Sept. 11.  A company spokeswoman said the change was made “to further protect the health and wellbeing of our guests and employees.”

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Brendan Bussmann quoted in the Las Vegas Review Journal

Circa could change downtown visitation landscape when it opens

by Richard N. Velotta

If all goes as planned Thursday, Derek Stevens will be licensed by the Nevada Gaming Commission for his downtown Las Vegas Circa resort.

There’s no reason to believe that won’t happen.

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