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California Tribes Push Back Against Sports Betting Proposals

California Tribes Push Back Against Sports Betting Proposals

by Jerad Paparella | Mar 22, 2022 12:57 pm | Legal

A committee representing several of California’s native tribes has launched an advertising campaign against the California Solutions to Homelessness and Mental Health Support Act. The tribes argue that the initiative would break a promise to the tribes that they would...
Virginia Sportsbooks See $304 Million In Wagers In March

Virginia Sportsbooks See $304 Million In Wagers In March

by Giovanni Shorter | May 3, 2021 10:26 am | Revenue

More than $304 million was bet on sports in Virginia in March. This can mainly be attributed to March Madness betting throughout the month. FanDuel is the biggest sportsbook in the state, claiming 53% of the market. RICHMOND, Va. – Sports betting fans in Virginia...
Q1 Earnings Report Shows Wynn Resorts Was Hit Hard By COVID-19

Q1 Earnings Report Shows Wynn Resorts Was Hit Hard By COVID-19

by Carter Floyd | May 8, 2020 11:09 am | Revenue

Wynn Resorts lost nearly $700 million in revenue in Q1 2020 compared to Q1 2019. The company’s stock price dropped by $84.87 (61%) from January 1 to March 31 as well. Some of Wynn’s losses are attributable to its decision to pay employees despite Wynn properties being...
MGM And Wynn End Casino Sale Talks Days Before MA Sports Betting Hearings

MGM And Wynn End Casino Sale Talks Days Before MA Sports Betting Hearings

by Hasan Nabulsi | May 24, 2019 1:17 pm | Sports Betting

Under current Massachusetts gaming laws, MGM Resorts can only have one casino in the state. Last month, Wynn Resorts completed reputation-damaging “suitability” hearings for the Massachusetts Gaming Commission just to be able to retain its license. MA lawmakers are...

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