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Las Vegas NBA Rumor Intensifies Following Columnist Radio Interview

Long-running speculation about the NBA making its way to Las Vegas got more fuel earlier today. That’s after a well-known sports columnist told a Seattle radio station the league is preparing current owners for expansion into those two cities.

NBA Las Vegas
NBA Commissioner Adam Silver. More Las Vegas rumors are popping up, but he’s stand-offish about a new team in the city. (Image: NBA.com)

John Canzano, an Oregon-based sports columnist that covers the NBA’s Portland Trail Blazers, among other teams across a variety of sports, told 93.3 KJR FM — a Seattle sports radio stati

Jack Binion’s Steak Coming to Bally’s Las Vegas During WSOP

Jack Binion’s Steak — one the more venerable names among casino steakhouses — is coming to Bally’s Las Vegas next month during the World Series of Poker (WSOP).

Jack Binion’s Steak
Jack Binion’s Steak at Horseshoe Baltimore. The restaurant is coming to the Las Vegas Strip. (Image: Baltimore Sun)

The eatery is replacing BLT Steak, which was closed during the early days of the coronavirus pandemic, and is part of a broader overhaul of the Strip integrated resort. That revamp includes operator Caesars Entertainment renaming the property as the Horseshoe.

In 2020, Caesars sold the Bal

The Rose Gaming Resort in Northern Virginia Could Be Complemented by NFL Stadium

The Rose Gaming Resort is a roughly $400 million undertaking being built in Northern Virginia in the small town of Dumfries.

The Rose Virginia casino gaming Washington Commanders
A ceremonial groundbreaking of The Rose Gaming Resort in Northern Virginia is held on January 11, 2022. The Rose in the future could be located within 10 miles of an NFL football stadium that plays home to the Washington Commanders. (Image: InsideNoVa)

The Colonial Downs Group project is one of the largest investments to ever come to Dumfries. But an even larger undertaking is possibly in the works nearby. ESPN reported this week that the

Dotty’s Casino Murder Suspect Gets Public Defender Appointed to Represent Him

The man accused of running over a Dotty’s casino manager finally appeared in Las Vegas court this week. Samuel Schmid, 28, was charged with open murder for the crime during an appearance today (May 24).

Samuel Schmid awaits an appearance today in a Las Vegas courtroom
Samuel Schmid, left, awaits an appearance today in a Las Vegas courtroom, pictured above. He is charged for the fatal running over of a manager at a Dotty’s casino venue. (Image: KSNV)

On Monday, he failed to show up despite being in custody at the Clark County Detention Center. That led a judge to order him brought to court, adding the ominous “by any means nec

2022 iGaming, Sports Betting Legalization Disappointing, Says Analyst

Total addressable market (TAM) is essential to internet casino and online sportsbook operators. The more bettors that have access to these products, the better for gaming companies and their investors.

sports betting
The statehouse in Columbus, Ohio. The state is contributing sports betting disappointment in 2022, says an analyst. (Image: News 5 Cleveland)

On that note, barring surprises in the back half of the year, 2022 is shaping up to be a disappointment for the industry. Aside from New York entering the mobile sports betting fray earlier this year, and Ontario, Canada ad

Atlanta Gambling Dispute Leads to Deadly Shooting, Cops Seize Firearm

A gambling disagreement turned into a fatal shooting early today (May 24) in Atlanta. A 32-year-old man died from his wounds.

Lt. Ralph Woolfolk, commander of the Atlanta Police Department’s homicide unit
Lt. Ralph Woolfolk, commander of the Atlanta Police Department’s homicide unit, pictured above. He released initial information on a gambling-related shooting today. (Image: WXIA)

Another man, believed to be 31-years-old, was named a person of interest. He was apprehended by Atlanta Police Department (APD) officers. Initial reports did not say if that person is a suspect. Neither man was identified by police.

Based on early information,

Esports Entertainment in Survival, Not Growth Mode, Says Analyst

Esports Entertainment Group, Inc. (NASDAQ:GMBL), a tiny online gaming and sports betting company, is now prioritizing survival over top-line growth in a bid to bolster liquidity.

Esports Entertainment
A slide from an Esports Entertainment investor presentation. An analyst says the company is focusing on survival. (Image: Seeking Alpha)

Shares of the gaming company are down more than 15% today, extending the 12-month to about 96%, after the operator on Monday missed quarterly estimates for a second consecutive quarter while reducing its 2022 outlook.

As Roth Capital analyst Edward En

Macau Casinos Facing $25bn of Debt by the End of 2022

Recovery still yet to start in Macau

Six casinos in Macau are facing $25bn net debt by the end of the year and $27bn by 2024.

China’s stringent travel restrictions have slowed Macau’s economic recovery since the height of the COVID-induced lockdown, leading to desperate times for many businesses. Morgan Stanley estimates provided the $25bn figure, citing an increase in previous debt from $5bn in 2019 to $20bn.

continued reopening delays would only hurt the Asian market more

Analysts Praveen Choudhary, Gareth Leung, and Thomas Allen stated that continued reopening delays would only

Macau Casinos Facing $25bn of Debt by the End of 2022

Recovery still yet to start in Macau

Six casinos in Macau are facing $25bn net debt by the end of the year and $27bn by 2024.

China’s stringent travel restrictions have slowed Macau’s economic recovery since the height of the COVID-induced lockdown, leading to desperate times for many businesses. Morgan Stanley estimates provided the $25bn figure, citing an increase in previous debt from $5bn in 2019 to $20bn.

continued reopening delays would only hurt the Asian market more

Analysts Praveen Choudhary, Gareth Leung, and Thomas Allen stated that continued reopening delays would only

Macau Casinos Facing $25bn of Debt by the End of 2022

Recovery still yet to start in Macau

Six casinos in Macau are facing $25bn net debt by the end of the year and $27bn by 2024.

China’s stringent travel restrictions have slowed Macau’s economic recovery since the height of the COVID-induced lockdown, leading to desperate times for many businesses. Morgan Stanley estimates provided the $25bn figure, citing an increase in previous debt from $5bn in 2019 to $20bn.

continued reopening delays would only hurt the Asian market more

Analysts Praveen Choudhary, Gareth Leung, and Thomas Allen stated that continued reopening delays would only

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