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CDC Newsroom

CDC Newsroom

Fantasy sports companies fold as legislative battle resumes

BOSTON — The daily fantasy sports industry sharply contracted since the online games offered by companies like FanDuel and DraftKings sparked court and legislative battles across the United States last year. More than two-thirds of companies that existed this time… [continue reading]

Raiders execs expected in Las Vegas for stadium meeting

Executives with the Oakland Raiders are expected to be in Las Vegas on Thursday to provide new details to the Las Vegas Stadium Authority on the team’s plans to build its stadium near the Strip. In the first Las Vegas… [continue reading]

IGT to Sell Double Down Interactive LLC to DoubleU Games as part of New Strategic Partnership in Social Casino

International Game Technology PLC today announced it has signed a definitive purchase agreement to sell its social casino subsidiary, Double Down Interactive LLC, to an affiliate of DoubleU Games Co., Ltd., a leading global social casino operator headquartered in Seoul,… [continue reading]

Time to deal? Florida legislators begin gambling talks

TALLAHASSEE, Fla. (AP) – Florida legislators are starting negotiations over a new gambling deal. House and Senate members met Monday and the two sides have about three weeks left in this year’s session to reach an agreement. The Senate has… [continue reading]

Tribes, MGM battle over who should open third casino

HARTFORD, Conn. (AP) – Connecticut’s two federally recognized tribes say the state will lose $85.6 million annually if it creates a competitive process for developing a third casino in the state. The sum includes the loss in existing tribal gambling… [continue reading]

MGM interested in building 3rd Connecticut casino

As Connecticut lawmakers debate a bill that would open up the competition for a third Connecticut casino to commercial developers, MGM said they are interested in developing a casino in the state. MGM says they are specifically interested in Fairfield… [continue reading]

Neil Moffitt Stepping down as CEO of Hakkasan Group

Hakkasan Group CEO Neil Moffitt has confirmed he will be stepping down from his role at the global hospitality giant amid speculation created by the developing merger with SBE Entertainment. Hakkasan President and COO Nick McCabe has been promoted to… [continue reading]

Gary Platt Manufacturing Names New VP of Finance

RENO, Nev. (April 17, 2017) – Gary Platt Manufacturing has named its new Vice President of Finance. Having served as a financial advisor to Gary Platt for several months, Marek Petrilak has been formally tapped for the job, bringing a… [continue reading]

Cowlitz Tribe to Open Giant Gambling Complex April 24

PORTLAND, Ore. (AP) — The Cowlitz Indian Tribe says it will open a $510 million gambling complex in southwestern Washington state on April 24. The Oregonian/OregonLive reports that officials on Friday announced the planned opening of the Ilani Casino Resort that… [continue reading]

23 percent of visitors come to Seneca County, NY for del Lago

WATERLOO — Rick Newman of the Seneca County Chamber of Commerce told the Board of Supervisors last week that 23 percent of visitors in the first three months of the year came because of the del Lago Resort & Casino… [continue reading]

Fire officials investigating cause of Bellagio blaze

LAS VEGAS (AP) — A fire official says it could be a couple of weeks before investigators know what sparked a blaze that caused more than $400,000 in damage to the roof of a retail annex at the Bellagio resort… [continue reading]

Gaming leader J.K. Houssels Jr. remembered for role in industry, community

Respected gaming leader John Kell “J.K.” Houssels Jr. died last week, leaving behind a legacy of philanthropy, integrity, business acumen and devotion to his family. He was 94. Houssels, also known as “Ike,” helped establish the city as an entertainment… [continue reading]

Down-on-Its-Luck Caesars Pays Online Chief Garber $210 Million

Mitch Garber watched his father go broke and had some of his school costs paid with donations from strangers. In the past year, he’s scored one of the largest cash payouts to an executive of a publicly traded U.S. company… [continue reading]

Expanded Mandalay Bay Convention Center ready to welcome even more crowds

Too many cooks don’t necessarily spoil the broth. Not when you are preparing a three-course lunch buffet featuring tomato and mozzarella salad, braised short ribs and amaretto tiramisu for 17,000 people, a number slightly greater than Boulder City’s population. To… [continue reading]

Connecticut lawmakers to hear about dueling casino bill

HARTFORD, Conn. (AP) – Lawmakers will hear about a proposal that could lead to someone else developing a new Connecticut casino besides the federally recognized tribes. The General Assembly’s Finance Revenue and Bonding Committee is scheduled to hear testimony Monday… [continue reading]

Tribe to open giant gambling complex in Washington state

PORTLAND, Ore. (AP) — The Cowlitz Indian Tribe says it will open a $510 million gambling complex in southwestern Washington state on April 24. The Oregonian/OregonLive reports (http://bit.ly/2ohORuH) that officials on Friday announced the planned opening of the Ilani Casino… [continue reading]

Report: Las Vegas draws more millennial, first-time visitors

The US gambling mecca’s efforts to draw millennials and new visitors are paying off. A third of Las Vegas tourists last year were millennials—those between 18 to 35—up from less than a quarter in 2015, according to a report commissioned… [continue reading]

Strip of Japan casinos could rival Las Vegas, others

A worldwide gaming and hospitality consultant has issued a report that says a strip of full-scale resorts on Osaka’s Yumeshima Island in Japan could generate $10.9 billion a year in gaming revenue and rival Las Vegas, Macau and Singapore as… [continue reading]

At first, Vegas tourist thought fire part of Bellagio show

LAS VEGAS (AP) – A tourist wondered at first if the flames he saw whipping across the roof of a Bellagio resort shopping complex were part of the iconic dancing fountain show on the Las Vegas Strip. Sean Kim told… [continue reading]

Could Local 54 be part of Hard Rock Hotel and Casino Atlantic City?

Unite Here Local 54 could return to the former Trump Taj Mahal Casino Resort when it reopens as the Hard Rock Casino & Hotel Atlantic City. Union President Bob McDevitt said he has spoken with members of the ownership group… [continue reading]

Bellagio fire compared to 2008 blaze that closed the Monte Carlo

A wind-whipped fire burned a section of the Bellagio’s exterior wall near the roof late Thursday, closing a portion of the Las Vegas Strip as firefighters battled the blaze. The fire, which burned for less than 30 minutes along the… [continue reading]

Sin City or Bust: How the Raiders went Vegas, baby

How Oakland Raiders owner Mark Davis — with a little luck, his own brand of genius and an assist from Jerry Jones — outflanked power brokers to put the Raiders in Las Vegas. Dan Tana’s Italian restaurant in West Hollywood,… [continue reading]

House proposal would extend last call for alcohol at Massachusetts casinos to 4 a.m.

A proposal included in the House budget would let Massachusetts casinos serve alcohol for an extra two hours, from 2 a.m. to 4 a.m. Christopher Bennett, a spokesman for the House Ways and Means Committee, said the section was included… [continue reading]

General Assembly To Take Up Third Casino Expansion Bill

With legislative support for casino expansion uncertain, the General Assembly’s finance committee will dig into revenue implications for the state in the third gambling expansion bill to be considered by state lawmakers this session. Sen. John W. Fonfara, D-Hartford and co-chairman… [continue reading]

Vernon Downs delays start of harness racing amid losses

VERNON, N.Y. (AP) – The owner of Vernon Downs casino and race track in central New York says the seasonal start of harness racing will be delayed amid new gambling competition. Horse racing was set to start April 21. But… [continue reading]