News

Brendan Bussmann quoted in the Las Vegas Review Journal

Eldorado closes on $17.3B deal to acquire Caesars Entertainment

by Richard N. Velotta

Though it took more than a year to close the deal, Eldorado Resort Inc.’s $17.3 billion acquisition of Caesars Entertainment Corp. is finally done, triggering a new flurry of layoffs.

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Brendan Bussmann quoted in the Las Vegas Review Journal

As COVID-19 cases rise, fewer tourists come to Las Vegas

by Bailey Schulz

Foot traffic in Las Vegas casinos is starting to slow as the number of COVID-19 cases continues to rise.

Roughly 350,000 visitors were estimated to in Clark County casinos Saturday, the lowest Saturday count since casinos reopened June 4, according to a Monday note from J.P Morgan analyst Joseph Greff.  More than 400,000 were in casinos the Saturday the week prior, and roughly 550,000 on July 4.

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Brendan Bussmann quoted on SportsHandle.com

Virginia’s Proposed Sports Betting Regulations Don’t Raise Major Red Flags

by Jill R. Dorson

The Virginia Lottery on Wednesday rolled out its proposed sports betting rules, and it appears to be taking direction from legal sports betting states regulated by gaming boards, rather than lotteries.

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Brendan Bussmann quoted in the Las Vegas Review Journal

After New Jersey, Eldorado looks to close on Caesars deal

by Richard N. Velotta

Wednesday was supposed to be the day that Eldorado Resorts and Caesars Entertainment Corp. got the last OK needed to do what they’ve said they’d do for more than a year.

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Brendan Bussmann quoted in Gaming Today

Eldorado-Caesars merger $17.3 billion

by Buck Wargo

A year in the making, the $17.3 billion merger between Caesars Entertainment and Eldorado Resorts is on track to close by next week.

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Brendan Bussmann quoted in the Las Vegas Review Journal

Eldorado, Caesars merger gets final approval needed for deal to close

by Richard N. Velotta

The New Jersey Casino Control Commission on Friday approved Eldorado Resorts Inc.’s $17.3  billion acquisition of Caesars Entertainment Corp., the last regulatory approval needed before the deal can close.

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Brendan Bussmann quoted in the Las Vegas Review Journal

More layoffs ahead for hotel-casino workers

by Bailey Schulz

More layoffs lie ahead for many Las Vegas hotel-casino workers.

Several properties gave the state notice of mass layoffs since June 4, when hotel-casinos were allowed to reopen following a 78-day state-mandated shutdown in an effort to curb the spread of the novel coronavirus.  The notices – sent directly to furloughed staff – comply with the Worker Adjustment and Retraining Notification Act, which is meant to ensure employees have notice before significant layoffs so they have time to find work elsewhere.

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Brendan Bussmann quoted in the Las Vegas Review Journal

Nobody knows how many resort workers are infected – including employees

by Bailey Schulz

Aileen Rotzin has a deadly secret – one she doesn’t want to keep.

The M Resort cage cashier tested positive for COVID-19 on July 4, one month after she first returned to her job at the Henderson casino.

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Brendan Bussmann quoted on SportsHandle.com

Judge Rules For California Tribes On Sports Betting Initiative Extension

by Jill R. Dorson

A California Superior Court judge on Thursday made office his tentative ruling to allow a coalition of federally-recognized tribes 90 more days to collect signatures for a legal sports betting referendum that would go on the November 2022 ballot.  The tribes sought an extension due to the COVID-19 restrictions in place in the state.

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Article by Brendan Bussmann published in Global Gaming Business Magazine

Free to Play

by Brendan Bussmann

As the sports arena fell silent due to the coronavirus, a host of new sports and games sparked the curiosity of sports fans and bettors, such as esports, Belarusian soccer, Russian ping pong, Taiwanese baseball, darts and more.  However, the main professional leagues and other U.S. sports have moved to free-to-play (F2P) as a way to stay engaged with fans during this unprecedented and uncertain time.

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