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Dream Las Vegas Construction Paused After Developer Funds Dry Up

Construction of the Dream Las Vegas casino resort is now on pause after funds dried up. Construction costs have almost doubled to $575m as a result of various economic pressures. The developers are optimistic that the project will eventually get back on track but the planned opening date of late 2024 will likely have to be extended.

Construction started in July 2022 on the site on the south end of the Las Vegas Strip. The current plan is to create a resort with 531 rooms and a casino floor spanning 30,000 square feet offering a boutique-type experience. The site’s proximity to Harry Reid I

Twitch Won’t Change 50/50 Sub Split Despite Kick Competition

Despite the growing competition Twitch is now facing from rival site Kick, it does not plan to change its 50/50 split with creators for subscription fees. In contrast, Kick provides a 95/5 split for streamers, while YouTube offers a 70/30 split. This week, Twitch’s chief monetization officer Mike Minton and chief product officer Tom Verrilli provided some insights into why they don’t intent to match these rates.

Twitch is aiming to help streamers earn more money overall

While acknowledging the concerns that streamers have regarding the current split, Minton claims Twitch is aiming to h

Tennessee Considers Handle Tax as Sportsbook Revenues Peak – Analysis

Tennessee first stood out among the states legalizing sports betting by allowing only online wagering. Now, the Volunteer State is considering bucking conventional wisdom again.

Nissan Stadium
Nissan Stadium in Nashville, home of the NFL’s Tennessee Titans. Nearby, the Tennessee General Assembly is considering bills that would change how the state taxes sports betting operators. (Image: PublicDomainPictures.net)

Bills have been filed in both chambers of the Tennessee General Assembly that would eliminate the state’s 20% tax on revenue and replace it with a handle tax. That means the state would get a cut of

Betr Expands Business Model Beyond Micr-Betting

Is running a sportsbook that only focuses on micro-betting not all that it’s cracked up to be? That seems to be the case at YouTube personality Jake Paul’s micro-betting app Betr. Launched just two months ago as a trendy, youth-focused micro-betting platform, the company is pivoting its business model to include pre-game and in-game spread, […]

The post Betr Expands Business Model Beyond Micr-Betting appeared first on CAP.

Poker Circus Back in Town as Lew Threatens Legal Action and Adelstein Is Persona Non Grata

The show must go on 

Picture it: An early 20th-century three-ring circus. In one of the rings, a tightrope-walker deftly traverses the space between two perches, a death-defying feat for the audience who stare up at him, mouths agape. Meanwhile, a colorfully clothed clown dances for those who don’t dare to look up. 

the clown interprets their shouts as whoops of excitement

The clown mounts a unicycle and begins to juggle, tossing a trio of fire devil sticks into the air. Unbeknownst to the clown, she is getting closer to the tightrope-walker’s area. The audience gasps as they recogni

Massachusetts Sports Betting Self-Exclusion Program Underway

Massachusetts sports betting began in-person at the state’s three brick-and-mortar casinos on Jan. 31. Online sportsbooks were permitted to begin accepting wagers over the internet on March 10.

Massachusetts sports betting self-exclusion casino
The WynnBet Sportsbook at Encore Boston Harbor in Everett, Ma. The Massachusetts Gaming Commission has expanded its self-exclusion programs to include a separate sports betting catalog. (Image: The Boston Globe)

In anticipation that more legal gaming could result in more problem gambling, the Massachusetts Gaming Commission (MGC), in conjunction with The Massachusetts Council on Gaming and Health, has d

Casino Crime Round Up: Illinois’ Rivers Casino Lot Site of More Armed Robberies

Two men were robbed at Rivers Casino’s parking lot in Des Plaines, Ill. on Sunday night. Suspects were arrested.

Rivers Casino in Des Plaines, Ill.
Rivers Casino in Des Plaines, Ill., pictured above. The casino lot saw more robberies. (Image: Crain’s Chicago Business)

The bandits pulled out a firearm and demanded money from the victims. No one was injured.

The suspects arrived at the casino in a Jeep Compass. They searched the parking lot until they parked the Jeep behind a Honda.

Two of the suspects got out of the Jeep, approached the car, and opened the car’s door.

They put handguns to the chests of the two occupants. The rob

Missouri Slot-Like Gaming Devices Lead to More Litigation

Lawsuits are piling up against Missouri video gaming machine company Torch Electronics. The newest one is from TNT Amusements which claims the slot machine-like devices are illegal and hurt its bottom line.

An example of a no-chance gaming device
An example of a no-chance gaming device, pictured above. Such devices are leading to litigation in Missouri. (Image: Missouri Independent)

TNT alleges Torch violates state consumer law and federal criminal statutes, according to the St. Louis Post-Dispatch. TNT also claims Torch is taking part in fraud.

Torch does not have a Missouri gaming license and does not operate its amusement devices

Mirage Announces F1 Las Vegas Grand Prix Tickets

Hard Rock International, the new owner of The Mirage, this week announced its own viewing structure for the Formula 1 Las Vegas Grand Prix. The Mirage’s Grandstands will seat up to 3,000 people.

The F1 Las Vegas Grand Prix will be held 10 p.m. Saturday, November 18, 2023. It will feature 50 laps around a 3.8-mile circuit weaving throughout the Strip, with a straightaway allowing drivers to push 212 miles per hour. (Image: f1lasvegasgp.com)

Prices for the new tickets weren’t announced. However, earlier this month, Formula 1 announced it would release additional Las Vegas Grand Prix tickets for

VEGAS RESTAURANT ROUNDUP: Sin City Gets 2nd Wahlburgers and 1st Famous Italian Sandwich Shop

The Shoppes at Mandalay Place will host the second Wahlburgers on the Las Vegas Strip. The hamburger chain will open “in late March” at the former Burger Bar, which closed in January 2021, according to a March 21 press release.

Donny, Mark, and Paul Wahlberg, seen in a publicity photo above, are opening their second Las Vegas Strip burger in the Shoppes at Mandalay Place. (Image: Wahlburgers)

Wahlburgers is owned by movie star and new Las Vegas resident Mark Wahlberg along with his less-famous brothers — former New Kid on the Block Donnie and Paul. Paul actually has the most important role her

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