eSports event

Nevada to Bring First US Esports Regulatory Body Bill

A Nevada lawmaker is drafting a bill that could create the country’s first regulatory body for esports. The Republican Senator envisions a “light touch” state oversight group like the Nevada Athletic Commission, which oversees combat sports such as mixed martial arts and boxing through licensure and sanctions. Following the NAC example, Kieckhefer wants to create …

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Vegas

Sisolak Rolls Back COVID-19 Restrictions on Nevada Casinos

Nevada Gov. Steve Sisolak announced Thursday to roll back the COVID-19 restrictions imposed in November that limited casino capacity to 25%. The capacity limit will be lifted in phases starting tomorrow, February 15, and the gaming floors’ occupancy would be increased to 50% of their capacity given the improvement in the coronavirus cases. By May …

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Las Vegas

Nevada Sports Betting Handle Declines But Finishes Second

Though Nevada retained its second position in the US sports betting market, December saw a relative decline with $588 million in handle, which was around $20 million lower than November’s figures. Besides, the figure was far lower than New Jersey’s sports betting handle for the same month that touched almost the $1 billion mark. Still, …

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Nevada cityscape

Nevada Sportsbooks Post Record Revenue in November

Although November was not a record month for Nevada‘s sports betting handle, Nevada sportsbooks posted a new record by securing a revenue of $61.8 million for the month. The previous best was $56.4 million set in September, according to figures released last Tuesday by Nevada Gaming Control Board (NGCB), making this the best month for …

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Las Vegas strip

Sisolak Extends Nevada Casinos’ 25% Capacity Limit to Jan 15

Nevada Gov. Steve Sisolak has allowed casinos to operate at 25% capacity as he extended pandemic-led restrictions until January 15. The governor’s announcement comes amid increased COVID-19 hospitalizations that led him to seek a balance to protect the deteriorating public health with the fallouts that further shutdowns would have on the state economy. The Democratic …

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Virgin Hotels Las Vegas

Virgin Hotels to Delay Opening Beyond January 15

The opening of brand-new Virgin Hotels has been pushed back once again to beyond January 15, due to the new wave of the coronavirus in Nevada. The off-Strip hotel and casino was originally scheduled to open in November before being rescheduled to January 15, 2021. The proprietor JC Hospitality did not reveal the revised opening …

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Nevada Football Team

Nevada Tops Its Previous Best Sports Betting Handle This October

Nevada sports betting has posted a new record in October by catapulting the US to nearly $3 billion with its $660 million in handle. This figure includes handle from both retail betting and online betting, of which mobile betting accounted for $376.9 million (57.1%). According to the Nevada Gaming Control Board, which released its report …

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The Rio Hotel & Casino Las Vegas

Caesar’s Last Closed Property, The Rio Casino, to Open Before 2021

Caesars Entertainment has recently announced to reopen its final resort Rio All-Suite Hotel & Casino in Las Vegas before the end of the year. Of the 60 casinos owned and operated by Caesars, only one has remained closed since the coronavirus led to country-wide shutdowns in March. Unlike all other Caesar’s properties, The Rio All-Suite …

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Las Vegas sign

Nevada Sports Betting Handle Hits $575M in September

Nevada’s sports betting handle has hit $575 million, its fourth-highest handle ever, in September to set new US sports betting market benchmarks. According to official figures released by the Nevada Gaming Control Board, the Silver State’s total handle in September with $575,144,025 reflected a 21% increase from August’s $474,948,415. It also reflected a 5.3% rise …

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US Sports Betting Crosses $25bn Handle Since PASPA

More than $25 billion has been legally wagered in the US sports betting since 2018 following the Supreme Court ruling against PASPA. The Professional and Amateur Sports Protection Act of 1992, also known as PASPA, was struck down by the Supreme Court in 2018, after which each state could legislate its sports own betting. However, …

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