More Casino Updates!
Welcome to the 7th installment of Ultimate Casino Updates! Today I have news from Las Vegas, Atlantic City, British Columbia, and more! If you enjoy the podcast, please remember to subscribe and share! I’m including a full transcript, as well as links to news sources, below. Thanks to these news sources for their continued updates on happenings around the casino industry!
Hi, this is Heather Anne, and welcome to my podcast on casino travel news! On this show, I’ll give you all the latest updates on what’s happening in the world of casino gaming. I’ll also chime in with commentary and opinion from time to time. If you enjoy the podcast, please remember to subscribe and share! You can read a full transcript of the podcast and get links to news sources on my blog at ultimatetraveladventures.blog.
In some good news for Las Vegas, Caesar’s Media Room reports that the final resort on the Strip re-opened on October 29, The Cromwell. The Cromwell is the first adults-only Strip hotel and casino. Food Network celebrity chef Giada DiLaurentiis’ restaurant on the property, “Giada,” is open to guests of all ages.
And in some disappointing news for Las Vegas, according to kxnt radio, the Las Vegas Convention and Visitors Authority has announced that the New Year’s Eve fireworks show on the Strip has been canceled. However, according to Fox 5 in Las Vegas, the Plaza downtown will hold their own fireworks show. The fireworks will be launched from the roof of the hotel, which says the show should be visible around the city.
ABC News reports that 90% of casinos in the United States have re-opened, but the capacity restrictions and lowered demand due to COVID-19 have taken a tremendous financial toll on their operations. The industry is expressing a need for governmental relief in the form of tax and regulation breaks. Casinos are also requesting protection from liability in the case of an outbreak on their properties.
The Press of Atlantic City is reporting that the State of New Jersey has been billed $1.78 million for legal services provided by a law firm dismissed by governor Phil Murphy in 2018. The firm is reported to have provided advice on “the financial stabilization and recovery” of Atlantic City. The invoices are currently under review by the State and have not yet been paid.
The City Pulse is reporting that Caesar’s Entertainment is giving back to the local community in Atlantic City. Recipients include first responder organizations, the local food bank, and the Boys and Girls Club. Events are planned throughout the holiday season from October through December in honor of the efforts of the nonprofit community of Atlantic City.
The Global Gaming Expo was held on October 26th, and the American Gaming Association gave their annual State of the Industry presentation. President and CEO Bill Miller remains optimistic about the future of gaming. Miller is quoted by americangaming.org as saying, “As gaming has grown from two states in 1978 to 44 states today, more and more Americans have gotten to know us…They recognize the positive impact we deliver: The jobs we support; the small businesses we sustain; and the tax revenue we contribute…These are the reasons Americans have embraced gaming and they will fuel gaming’s recovery.”
Caesar’s Media Room is reporting that Caesar’s Entertainment and William Hill are becoming a sports betting partner with the Indianapolis Colts. Caesar’s will offer a “Pick 6 Predictor” game on the official app for the Colts. This will be the first NFL sponsorship for Caesar’s and William Hill.
And casino.org is reporting that WynnBet has announced a partnership with NASCAR and their application to the State of Virginia to become a legal sports betting operator in the state. The Virginia State Legislator approved a bill to legalize sports betting and will have up to 12 licenses to grant to casino applicants by years’ end.
And finally, in Canada, Global News reports that ABC Lottery Corporation Casino in Richmond, British Columbia “violated anti-money laundering rules for several years.” And Great Canadian Gaming’s River Rock casino under-reported suspicious transactions. They failed to report any suspicious transactions under $50,000, a regulatory violation. The casinos are represented by attorneys and the case is currently in hearings.
That’s all for this installment of Ultimate Casino Updates! If you enjoyed this podcast and would like to continue to be updated on what’s going on in the casino industry, please subscribe! I also encourage you to visit my website at ultimatetraveladventures.blog and my YouTube channel Heather Anne Ultimate Travel Adventures for more great travel-related content! Thanks for listening!