Tag Archives: las vegas

Scientific Games cuts costs despite social gaming success

Las Vegas-based Scientific Games has initiated a $75 million cost-cutting programme to reverse its losses, and focus on driving the company back to its core business. Kevin Sheehan, Chief Executive and President, said: “To position Scientific Games for long-term growth, we are prioritizing our business strategies, streamlining and consolidating our processes and creating a more efficient, seamless organisation.” Sheehan, who …

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XLIVE in Vegas will include esports gambling panel

XLIVE will take place in Las Vegas this December (5-7) and with an extensive esports track, one of the panel naturally focuses on the convergence of esports and gambling. Chris Grove, Partner at Narus Advisors ,who recently put on the Esports and Casino Resort conference will speak on the panel titled ‘Show Me the Money – Are esports the next …

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Gamblit launches eSports platform at G2E Las Vegas

California-based real-money games specialist Gamblit Gaming (Gamblit) seeks to enter the burgeoning eSports market by unveiling its dedicated platform ‘G-Sports’ at G2E Las Vegas, global gambling’s biggest trade show. Announcing its initial launch, the G-Sports platform will look to convert eSports content into popular slot-based games for its land-based partners. The platform sees Gamblit continue its corporate focus of making …

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Z Capital buys Affinity Gaming outright for $580 million

New York private equity firm Z Capital has confirmed that it has brought Nevada casino operator Affinity Gaming outright for an all-cash deal of $580 million (£440 million). At present the private equity firm owns 41% equity in Affinity Gaming, with Z Capital seeking to purchase the outstanding stake at a price of $17.35 per share. Updating stakeholders, Z Capital …

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How land based casinos can seize upon esports

Ask not what esports can offer Las Vegas, ask what they can offer each offer.  With casinos looking for a way to attract a younger tech savvy generation, many are looking to esports as a way to achieve this end. Some casinos have organised tournaments, the Downtown Grand for example has been a key player for some time, but the …

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New football app Gloryhunter signs deal with Betfred

Gloryhunter, the company behind a new football app described as the ‘most original, real-time football game since fantasy football’, has signed an exclusive partnership deal with Betfred. Gloryhunter players can now view updated odds from Betfred for every match and win monthly points and prizes from both Betfred and Nike, another listed partner. At the end of the 2016/17 season, …

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Las Vegas conference will explore the esports opportunity for casinos

Much has been made of the potential opportunity that esports holds for the casinos industry in attracting the younger millennial generation, and moreover for the gambling industry in general. Accordingly Narus Advisors is putting on a two day event in Las Vegas titled Esports & Casino Resorts which will explore this on October 25th and 26th at the SLS Casino …

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CG Technology facing $1.5m fine and removal of CEO

CG Technology has agreed to pay a $1.5 million fine in relation to charges of underpaying and overpaying certain bettors on the sportsbook. This comes just two months after the Nevada Gaming Control Board alleged that CG Technology had underpaid winning parlays by about $700,000 on more than 20,000 occasions from August 2011 to March 2015. The complaint also accused the …

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William Hill opens wagering on Virtual Racing in Nevada

William Hill has opened wagering on Virtual Racing at two of its Nevada Race and Sports Books. After receiving approval for a field trial from the Nevada Gaming Control Board, the company will offer Virtual Racing inside the Plaza Casino and Silver Sevens Casino, both in Las Vegas. Featuring the voice of legendary race caller Tom Durkin, William Hill Virtual …

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Jay Kornegay – Westgate LV Resort – NHL franchise for Vegas

On Wednesday, National Hockey League (NHL) Commissioner Gary Bettman announced that the league had granted an expansion to include a franchise from Las Vegas. The new team will compete as the 31st team, starting in the 2017-18 season, and become the first expansion team since the Columbus Blue Jackets and Minnesota Wild in 2000-01. To mark this news, we caught …

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