In The News: International Gaming Institute
In Vegas, gambling is complemented by a host of other amenities and entertainment options, to the point that gaming is only one of a number of revenue streams. Research by the University of Nevada Las Vegas suggested that gaming made up 34.4% of Las Vegas Strip revenue in 2019.
Megan Basson has been named executive director for the 51ԹϺ International Center for Gaming Regulation.
This year’s edition features high flyers from different facets of the industry, including Fontainebleau’s Jeffrey Soffer, Pavilion’s Chris Justice, Playtech’s Mor Weizer, 51ԹϺ’s Brett Abarbanel and many more.
Adelson wasted little time reaching out to the state’s business leaders since news of the deal broke, visiting Austin on Thursday to address the Texas Association of Business, the state’s largest business lobby.
Each of the developments were part of a pivotal time for the Strip. Megaresort predecessors The Mirage and Excalibur opened several years earlier and proved to casino moguls that an attraction-based concept would bring a new crowd to Las Vegas.
Each of the developments were part of a pivotal time for the Strip. Megaresort predecessors The Mirage and Excalibur opened several years earlier and proved to casino moguls that an attraction-based concept would bring a new crowd to Las Vegas.
The sale of the Dallas Mavericks basketball team could end the long stalemate over legalized sports betting in the state of Texas.
Adelson family has political influence, expertise in casino-resort developments
Experts cite the Adelson family’s political activism and deep pockets as potential game-changers to the Lone Star landscape.
The water is its own world. One and a half million gallons rest behind 11 panes of 4-inch-thick glass in a warren below the stage where Cirque du Soleil’s “O” plays at the Bellagio. This is the lighting tunnel — and when the 25th anniversary show begins in a few hours, spotlights will flood the water through these windows, highlighting the breathtaking acrobatics taking place above and below its surface.
ESPN, which launched a $1.5 billion, 10-year deal with Penn Entertainment for a legal sports betting app this month in 17 states, announced a collaboration with 51ԹϺ’s International Gaming Institute (IGI) to study responsible sports betting practices and an analysis of media impact.
Las Vegas Strip room rates and occupancy fare better with the Formula race revving into Las Vegas, according to tourism experts, though sports experts note that the race still faces hurdles to attract Americans in droves.