What happens in Vegas doesn’t always stay in Vegas. After 18 years, the Academy of Country Music (ACM) Awards is leaving town for good. This week, the ACM announced the Ford Center at The Star in Frisco, Texas as the permanent new home for its annual awards show, beginning with its 58th iteration on May 11, 2023.
The heart of the Las Vegas Strip appears headed for a major overhaul.
Nevada casinos have won at least $1 billion in each of the past 15 months. The unprecedented streak was not in much jeopardy in May, as gross gaming revenue (GGR) easily eclipsed the 10-figure mark to nearly $1.4 billion.
Every day, it seems that Thailand’s project to bring legal casinos to the country is moving forward. The latest step sees the arrival of a plan that would allow several casinos, although the tax rate may not appeal to some operators.
The Mega Millions jackpot continues to climb, as no ticket has matched all six numbers since April 15, when a lucky individual in Tennessee won a $20 million prize.
Chris Rock is the newest member of the Mohegan Sun Walk of Fame.
The Consumer Discretionary Select Sector Index is off 25% year-to-date, and gaming stocks are among the drags on that benchmark. But at least one research firm sees shares of casino operators as the best bets in the consumer cyclical space.
A partial look at Russia’s Red Square. The future of the country is in doubt as commercial entities pack up following the invasion of Ukraine. (Image: PlanetWare)
Philippine banknotes, pictured. FATF said that the country’s efforts to follow dirty money trails was improving, but not enough to lose its gray-list status. (Image: The Business Times)
An estate once rumored to be home to an underground casino run by associates of Al Capone looks out over the Intracoastal Waterway. The Florida mansion comes with an asking price of $13.9 million. (Image: Sotheby’s International Realty)