Nevada

Genting Group Sees Multiple Moody’s Downgrades Amid Rising Debt

Johnny K.
Latest Casino and Gambling News, U.S.A., Las Vegas, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Malaysia, Singapore, Nevada, New York
Moody’s Ratings has issued a series of downgrades across Genting Berhad and two major subsidiaries after months of review, pointing to heavier debt loads and a slower rebound in earnings. The rating agency’s la...

New RICO Suit Challenges Operations at Resorts World Las Vegas

Johnny K.
Casino News, Las Vegas, U.S.A., Gaming Law & Legislation, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Money Laundering, Crime, Fines, Lawsuits & Litigation, Nevada
Resorts World Las Vegas and several former executives, including ex-president Scott Sibella and attorney David Chesnoff, are facing a federal civil lawsuit that accuses them of running the property as a rackete...

Nevada Judge Reverses Earlier Win for Kalshi Amid National Legal Rift

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Sports betting, Fines, Lawsuits & Litigation, Nevada
A long-running legal fight between prediction market operator Kalshi and Nevada gaming officials took a dramatic turn this week after a federal judge reversed an earlier ruling that had shielded the company fro...

Nevada Regulators Block FanDuel and DraftKings from Sports Betting, Citing Concerns Over Prediction Markets

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Online Gambling News, Sports betting, Nevada
In a major regulatory move, the Nevada Gaming Control Board (NGCB) has effectively halted FanDuel and DraftKings from entering the Nevada sports betting market, following their intentions to focus on prediction...

Vici Properties Finalizes $1.16 Billion Acquisition of Golden Entertainment Casino Assets

Johnny K.
Latest Casino and Gambling News, Casino News, U.S.A., North America Casino News, World Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Nevada
Vici Properties has finalized a major acquisition deal valued at $1.16 billion, marking its official purchase of seven Nevada-based Golden Entertainment casino properties. The transaction, structured as a sale-...