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Nevada Gaming Control Board Moves to Permanently Ban Steve Wynn

nevada gaming commission steve wynn Banned

Steve Wynn and Las Vegas were once synonymous with one another, but that was then. Multiple complaints against former casino mogul became too hard to ignore. From sexual misconduct to claims of outright sexual assault, he already stepped down from Wynn Resorts as CEO. He later sold all of his holdings in the company but never accepted blame for his behavior.

Wynn currently resides in a $43 million Palm Beach oceanfront mansion in Florida. Any remaining association with Nevada gaming may be coming to an end. The Nevada Gaming Control Board (NGCB) filed a five-count complaint against Wynn earlier the month. The purpose was to permanently ban the billionaire’s ability to work in the state’s gaming industry.

The three-member NGCB stated that Wynn’s reaction to the claims against him was part of their decision. These actions joined claims he violated state licensing suitability regulations. Wynn still maintains that he did not act inappropriately despite overwhelming evidence to contrary.

Quoted in the NGCB was the statement:

“The Gaming Commission should revoke Mr. Wynn’s Finding of Suitability. Mr. Wynn has repeatedly violated Nevada’s gaming statutes and regulations. Bringing discredit upon the Sate of Nevada and its gaming industry.”

In a more damning statement, the NGCB complaint added:

“He is unsuitable to be associated with a gaming enterprise or the gaming industry as a whole.” Wynn Resorts was fined a record $20 million by the Nevada Gaming Commission in February. Yet, the company did retain licensure. The casino operator was also levied a $35 million fine in Massachusetts. That fine did not impact its $2.6 billion Encore Boston Harbor project.

The gaming board justified its stance to revoke Wynn’s suitability with five specific alleged wrongdoings:

  1. Count One requires a person to be of “good character”.
  2. Second Count requires a person’s prior activities, reputation and habits to not pose a threat to the public interest of Nevada.
  3. Count Three was a specific $7.5 million payment to a women he allegedly sexually assaulted
  4. Fourth Count covered Mr. Wynn’s attempt to cover up a $975,00 payment to a Wynn Resort’s employee
  5. Count Five was Mr. Wynn’s failure to respond to a NGCB hearing request. This covered the grounds for revocation or suspension of Findings of Suitability.

Also added in the complaint is the statement:

“The Gaming Control Board’s investigation found evidence of multiple instances of sexual conduct by Mr. Wynn involving subordinate employees. By engaging in this conduct, whether consensual or not, Mr. Wynn disregarded Wynn Company’s policies and procedures.”

The Board’s complaint went on to add:

“Mr. Wynn serially disregarded his company’s policies and procedures. By doing so, Mr. Wynn exposed Wynn Company to potential legal liability and put the reputation of the gaming industry and the State of Nevada at risk.”
The Nevada Gaming Commission as a whole will give Wynn 15 days to respond to this complaint. If the commission agrees with the NGCB’s complaint, it should officially end Steve Wynn’s career in Las Vegas and the Nevada casino industry.

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Las Vegas Casino Pays Off Big on New Madonna Slot Machine

Las Vegas Casino New Madonna Slot

Themed real money slots are big in Las Vegas. They have a tendency to attract play because of a familiar name. Popular entertainers have been the source of inspiration for many of these designs. Pop music sensation Madonna is one of the latest celebrities to adorn a slot machine.

Lucky Winner Gets Big Payday From Playing The New Madonna Slot Machine

In a news report on a local Las Vegas NBC affiliate site (www.3lv.com) the original Material Girl payed off big. According to the post, a slots player from Hawaii was the big winner. The woman hit the $931,640 jackpot on the new Madonna slot offered by Aristocratic Leisure Limited. The win came on Monday, Oct. 7.

The lucky winner knew she hit the jackpot, but thought the total win was just over $9,000. You can imagine her reaction when being told it was actually 100 times that amount. The new machines were recently unveiled at Main Street Station Hotel, Casino and Brewery. The grand jackpot was triggered by getting four Madonna symbols plus a Wild on the five-reel machine . The women has been a long-time player at this casino and her loyalty paid off in a big way.

Boyd Gaming is the owner of Main Street Station as one of its Las Vegas casino properties. The company has been in the news lately after a lucky player won a $935,000 jackpot last month. The big win was recorded at Aliante Casino in North Las Vegas. Main Street Station is located in the downtown section of Las Vegas.

A Six Figure Jackpot

The six-figure jackpot at Aliante was won by a Southern Nevada resident who is relatively new to the area. Known only as Clint, he was taking in a movie when $1.25 spin on the Wheel of Fortune progressive slot turned into a $935,176 payday. The actual identity of either winner was not released in this News 3 report.

Main Street Station is one of the more iconic properties in the downtown section of Las Vegas. It is also one of the first casinos to offer a craft brewery as one of its amenities. Advertised as one of the best-kept secrets in all of Las Vegas, large six-figure jackpots will help spread the word.

The central theme is Victorian with dozens of rare antiques on display. One of the site’s more unusual artifacts is a piece of the Berlin Wall. Main Street Station also offers award-winning restaurants along with first-class entertainment. One of the most popular area attractions is the Mob Museum. It is located just a few blocks from the casino on Stewart Avenue.

Boyd Gaming is located in Paradise, Nevada in the general Las Vegas area. It continues to expand its presence in the casino gambling industry. The company owns and operates 12 different casino properties in Las Vegas alone. It also has operations in nine other states across the country.

Joining the Main Street Station in the downtown section is the California Hotel Casino Las Vegas and the Fremont Hotel & Casino. Boyd Gaming has played a major role in the whole revitalization of this part of town.

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Casino Mogul is Bullish On Business in Las Vegas

d las vegas

Derek Stevens has already made a name for himself in Las Vegas. He first invested in the casino gambling capital of the world in 2006. This is when he bought Golden Gate on Fremont Street. Since that point, he has added D Las Vegas, the Downtown Las Vegas Events Center and Circa Sportsbook to the list.

Derek Stevens’s outlook on Las Vegas was featured. He obviously remains bullish in the midst of his biggest project to date. As construction continues, Stevens is the principal behind Circa Resort & Casino. This is a new 511-room hotel-casino set to open its doors towards the end of next year.

Why Is Casino Mogul, Derek Stevens Bullish On Las Vegas?

This will be the first new casino resort to be built in the downtown area of Las Vegas in decades. The Circa will definitely stand out among the crowd with its highly contemporary design. This area of town has become known for casino action reminiscent of old-school Las Vegas. The downtown area is still a night-and-day comparison to the glitz and glamour of the Las Vegas Strip. The Circa will add some cutting-edge flair to that part of town.

Some of these new property’s features include the longest outdoor bar. It will be located beneath the Fremont Street Experience canopy. There will be a multi-level, stadium-style sportsbook with a massive screen for sports fans. This will all be highlighted by a multi-tiered pool amphitheater.

Stevens commented on that final feature by adding, “This is going to be the best pool in the history of the world.”

He was recently interviewed by the USA Today Network. The main topic of the discussion centered on the changing business climate in the Las Vegas downtown corridor. Right off the bat, Stevens sees professional sports teams as the driving force.

Recent Development Of The Freemont East

He also pointed out the recent retail development of Freemont East. Not long ago, nothing existed in this area. Now, it is filled with bars and restaurants to create a highly energetic atmosphere. On the casino front, the California was recently renovated. A new tower is being built at the Downtown Grand. Stevens’ D Las Vegas already has a new fresh look and the Circa is set to be the crown jewel.

Nevada’s lack of income tax was one of the initial draws for Stevens from an investment standpoint. He first started with the Golden Gate to see how this area would evolve. The recession of 2008 actually created quite a bit of investment opportunity. It helped to bring a new wave of entrepreneurs to fuel the resurgence.

Stevens is a big sports fan. This was one of the reasons for his Circa Sportsbook project. He wanted design a bar that could air every single game he wanted to see. The property was also designed around his past experiences visiting Las Vegas for business and pleasure. He wanted to make the Circa a place where sports fans love to hang out.

Stevens is hoping the area can attract additional professional sports franchises. Las Vegas is currently home to the NHL’s Golden Knights. The NFL’s Raiders are set to take up their new residency in time for the 2020 season.

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Virgin Teams with Mohegans For Re-Branded Casino Property

virgin hotels

When the Hard Rock Hotel & Casino in Las Vegas transitions itself to becoming the Virgin Hotels Las Vegas late next year, it will have a very unconventional operator of its gambling casino. And it will be history-making to an extent. Mohegan Gaming & Entertainment, which owns the Mohegan Sun Casino in Connecticut, will take charge of managing 60,000 square feet of gaming space, a transaction of course that is subject to approval of the Nevada Gaming Commission.

Las Vegas Welcomes Mohegan Gaming And Entertainment

But it would be the first time a Native American tribe will have operated a Las Vegas casino. On a temporary basis, Virgin, since the acquisition in 2018, has had Warner Gaming overseeing the casino.

As part of the overall transaction, the Hard Rock in Las Vegas is being re-branded into Virgin, and it will be open until April before an lengthy renovation period takes place. The scheduled re-opening is for November 2020. Those dates are not coincidental; the hotel would like to be open at least until after the Super Bowl, and does not want to get in the way of the major elections. “I didn’t want to compete with the distraction of the campaign, with the state of Nevada and Las Vegas playing a pivotal role in the election,” says Virgin Hotels President and CEO Richard Bosworth.

There are some areas in the property that are going to remain intact; for example, “The Joint,” a club that is a showplace for bands, will stay standing and will be upgraded, but might be renamed.

Taken Down Hard Rock Resort Casino in Florida’s Guitar

They have already taken down the 80-foot guitar that they had standing out front. That was severely outdone anyway by the Hard Rock Resort Casino in Florida (not affiliated).

Making Richard Branson And Virgin More “Chic”

The plan for Virgin would seem to involve competing with some of the more “chic” destinations in Las Vegas, such as the Cosmopolitan and the Delano. The existing hotel has about 1500 rooms, all of which will be renovated.

“Virgin Hotels is ready to shake up the Las Vegas scene with a lifestyle hotel that will be exciting, innovative, uniquely designed and exceptionally functional,” as is stated on the company’s website.

The choice to shut down entirely for what will amount to an eight-month period was something Virgin management went back and forth on, but ultimately it was decided that even though they were not going to be able to have revenues coming in during that time, and wouldn’t be able to keep their workers employed, it was the most efficient to do the transition.

They have in initiated a program that will offer a retention bonus for employees who stay with the property through its closing. And they would not have to go through the interview process again to get their old jobs back.

And when they re-open, they plan something awesome. As company founder Richard Branson says, “Virgin Hotels will paint the town red.”

This would not be the first casino the Mohegans have operated outside of Connecticut. The tribe has several other interests, including Mohegan Sun Pocono in Pennsylvania and Resorts Casino Hotel in Atlantic City .

But this deal is very welcome at this time, because the business has slowed down with the Connecticut property. In fact, for this last recorded quarter, revenues were down 20% from this time last year. And part of the reason for some of this is that there has been considerable competition in the feeder area, which includes Springfield, MA and the Boston area. In fact, it has gotten to the point where many analysts believe it has become saturated. Hence the desire for diversification.

Virgin itself runs a number of hotels, which include places in Chicago and San Francisco. They have also announced plans to open in Miami in 2023.

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Tribal Gaming Giant Enters Las Vegas Casino Market

Las Vegas Casino Native American Indian Tribes

The Las Vegas casino industry continues to grow at a solid clip. Millions are being spent on renovations both on The Strip and in the downtown area. New projects are also on the board throughout the casino gambling capital of the world. Most of these big-dollar investments are coming from local developers working with the big casino owners in town. However, one project on the books is bringing a new player to town.

Tribal gaming owner Mohegan Gaming & Entertainment will partner with JC Hospitality to run a new 60,000-square-foot casino. It will be located in the Virgin Hotels Las Vegas. This will be Mohegan Gaming’s first business venture in Las Vegas. As part of the Mohegan Tribe, the company currently operates real money gaming operations in:

  1. Pennsylvania
  2. Connecticut
  3. New Jersey
  4. Louisiana
  5. Washington

First Native American Indian On The Las Vegas Strip

This will be the first casino on the Las Vegas Strip corridor to be operated by a Native American tribe. The property is currently under construction and scheduled to open in late 2020. The deal is contingent on Mohegan Gaming’s regulatory approval by the Nevada Gaming Commission.

Richard Bosworth is the president and CEO of JC Hospitality, LLC and former owner of Hard Rock Hotel & Casino. He was quoted as saying:

“Mohegan Gaming & Entertainment, as an extension of the Mohegan Tribe, pride themselves on traditional principles, in sync with modern values. We are excited that Virgin Hotels Las Vegas will be their first entry in the Las Vegas market.”

Mohegan Gaming is best known for the highly successful Mohegan Sun in Connecticut. This casino features 364,000 square feet of gambling space.

As part of his press release, Mr. Bosworth also told FOX5 that the property will have multiple operators. This includes multiple food and beverage companies as well as AEG. That company will operate The Joint as an entertainment venue.

Richard Branson Owns The Hard Rock Casino & Hotel?

The Hard Rock Hotel and Casino was acquired by Virgin owner Richard Branson in March of last year. A complete renovation is now underway and the property will be rebranded Virgin Hotels Las Vegas.

Celebrating the end of Hard Rock’s tenure in Las Vegas, the casino has some big plans in the works. The “Farewell Tour” music memorabilia exhibit opens on Sept. 27. Open Thursdays through Mondays from 11 a.m. to 8 p.m., it will run right through Jan.31, 2020.

A special press release announcing this exhibit added:

“The exhibition will feature artifacts such as costumes, musical instruments, props and artwork not seen by the public in decades by iconic performers including, The Rolling Stones, Bruce Springsteen, Queen, Aerosmith, Guns N’Roses, Elton John, Elvis, Lady Gaga, The Beatles and more. New Items will be added to the collection on a regular basis. Giving attendees something new to see during the exhibition’s expected four-month engagement through January 2020.”

There are multiple closing events and promotions as part the “end” run of the Hard Rock. One featured bonus is a special drink promotion at 1995 prices when the property first opened.

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World Famous DJ Kaskade Weighs-In on The Palm’s KAOS

World Famous DJ Kaskade Weighs-In on The Palm’s KAOS

Las Vegas may be known best as the casino gambling capital of the world. However, captivating entertainment options and a night life that lingers into daylight is another popular draw. The Palms Casino Resort in the Las Vegas Strip has been in the news lately in the midst of a billion-dollar renovation. A big part of the plan is KAOS as one of the hottest night spots in town.

Indeed, the world famous DJ Kaskade relayed his thoughts on the popular night and day club. Like most of the initial impressions for first-time visitors, he was amazed at the overall size of KAOS even after seeing the building plans ahead of time. His overall impression was quoted as follows:

“I think everyone is blown away. There’s nothing of this magnitude in Vegas or even in our country that I’m aware of. You hear these stories of megaclubs, but I don’t think there’s anything as mega as KAOS.”

When Will DJ Kaskade Perform At The Palm’s KAOS?

The world famous DJ has already made a name for himself in Las Vegas. He has been referred to as a “Vegas club institution” after playing every major entertainment venue that has ever existed on the Strip as well as in the downtown area of the city. The Palms did not hesitate to sign him as one of the first resident artists for KAOS.

Speaking to his relationship with the Palms, the 48-year old DJ and producer added:

“Working with the team at the Palms was the big draw for me, bringing in new, fresh and innovative ideas. These guys are part of the reason clubs are so big in Las Vegas. And they’re really pushing themselves to try new and interesting things in this space. And redefine what a megaclub is and what a live music venue can be in Las Vegas.”

One of his most notably productions is the Sun Soaked Festival as one of the events co-creators. Programming in various genres and different styles of performers at Kaos was another big draw for Kaskade.

Through a phone interview from Bali, he noted that he will be planning even more unique shows at his new home in Las Vegas moving forward. Ahead of performing at KAOS the weekend of May 10-12, he was enjoying a bit of downtime after playing the Marquee in Singapore.

Las Vegas Nightclub Attractions

Going back 10 years, Kaskade was instrumental in creating a new Vegas nightclub attraction at Encore. This led to his initial residency at the Encore Beach Club. This marked the start of his famous run as a premium entertainer at the new “global clubbing capital” featuring the hottest night spots in the world.

Kaskade is set to become a fixture at KAOS this summer along with an impressive lineup of A-List entertainers. He will also focus his energy of the third installment of Sun Soaked. This event takes place in Long Beach, California and it has doubled in size from one year to the next. Last year’s crowd reached an estimated 30,000 people and it is planned this year for July 13 and 14.

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The Cards Could Be Stacked Against the Las Vegas Sands

casinos in las vegas sands

The Las Vegas Sands is the largest casino entertainment corporation in the world. While it is based in the casino gambling capital of the world, its business interests span the globe. The company has been under the spotlight lately with poor financial results in certain sectors. According to a recent report by The Motley Fool, this could be just the tip of the iceberg. Highlights of that report were posted on Yahoo Finance the other day.

Over the past three months, Las Vegas Sands’ stock price as lost close to 20 percent of its value. The main concern among investors is slowing growth in Asia. Other factors are escalating trade wars, loss of value in the yuan and civil unrest in Hong Kong.

Does The Las Vegas Sands Corporation Need Help?

Investors are still drawn in with a low price verse earnings (P/E) of 16. There is also an attractive six percent yield on the company’s dividend. However, further financial analysis still raises cause for concern.

The report cites slowed growth in the company’s Macau casino properties. Las Vegas Sands derives 61 percent of its adjusted EBITDA from its five properties and ferry operations in that region.

After enjoying eight months of double-digit growth in 2018, the casino giant is dealing with stalled growth this year. Over the last seven months, four have resulted in negative revenue against the same time frame last year. The best month was June with a 5.9 percent increase. This was followed by a 3.5 percent decline in July. The source for these figures comes from Macao Gaming Inspection and Coordination Bureau.

The general economic slowdown in China is a driving force along with increased trade war concerns. You can add in lower spending from casino VIP’s, reduced junkets and travel disruptions.

This region has been the company’s primary growth engine the past several years. It can ramp up its competitive efforts to increase the overall share of a stagnate market. However, those actions always come at a price that could impact bottom-line profit.

It just so happens that company CEO Sheldon Adelson is one of Donald Trump’s biggest political donors. This could also factor into the escalating trade war with China. The government could use Sands’ Macau properties as leverage against Trump in a retaliatory measure.

The good news is that Las Vegas is heating up again after its own financial woes. Sands’ EBITDA in its own backyard soared to $136 million in the last quarter. The downside is that its Las Vegas business only accounts for 12 percent of its adjusted property EBITDA. These gains are still not enough to offset losses in other regions such as Macau and Singapore.

Revenue From It’s Casinos In Las Vegas

Conversely, MGM Resorts derives most of its company revenue from its casinos in Las Vegas. This has resulted in a 10 percent gain in the stock price over the past three months.

The current unrest in Asian markets is likely to keep the downward pressure on Sands’ stock price in the short term. Moreover, this makes the company a bad bet for anyone looking cash in on the casino gambling industry.

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Eldorado Buys Caesars and Creates a Monster Casino Company

las vegas strip eldorado hotel

When the Eldorado Hotel / Casino in Reno opened its doors in 1973 with just a dozen gaming tables, no one would have imagined that from such humble beginnings, it would have eventually developed into the largest gambling operator in the entire United States.

But in point of fact, it has done just that.

In a deal that is sending shockwaves throughout the gaming community, Eldorado Resorts has executed a purchase of Caesars, in a transaction that adds a total of 60 different casino/resorts, spread out over sixteen states. The value of the deal is $17.3 billion, which is inclusive of $8.8 billion of debt.

Why Does Eldorado Buy Caesars To Create a Monster Casino Company?

Eldorado shareholders will have a 51% stake in the newly-merged company, with Caesars Entertainment shareholders owning the rest.

The company will bear Caesars’ name, and why not? Part of the value lies in the well-established Caesars brand, with the flagship Caesars Palace resort on the Las Vegas strip.

There was pressure for a deal, to be sure. Carl Icahn, the legendary activist investor, had put together a large chunk of Caesars stock and was campaigning for changes at the company, with both its board and CEO. He was able to install Tony Rodio as the Chief Executive Officer of Caesars, but still believed that the stock was greatly undervalued. The solution in terms of exploiting the value, in his estimation, was to sell.

Tom Reeg, who had been CEO at Eldorado, will take on the same role with the merged company, which will now have 81 properties and 81,000 employees.

The Carl Icahn Involvment

Interestingly enough, at this time last year, Eldorado had inquired about the same purchase a year ago, but was turned down. The Icahn involvement changed the atmosphere considerably. He’d had some history with Eldorado having sold Tropicana Entertainment to them last year.

Not everybody is overjoyed. There are anticipated cuts in costs – up to $500 million worth in the first year, according to an Eldorado announcement – and the Culinary Workers Union, which constitutes about 30% of the employees at the newly-merged company’s resorts, believes that their people will be on the short end of all of that. It is yet to be determined whether there will be considerable losses of jobs or cuts in wages and benefits.

The company is expected to sell at least one property of theirs along the Las Vegas Strip; they just don’t know at this time which one(s) it will be. Simply put, they don’t need as many assets on the Strip as they have.

When it comes down to it, Eldorado is a family business. And what a family the Caranos are – the patriarch, Don, opened the initial Eldorado Hotel some 46 years ago in Reno. Now his son Gary is the chairman of the board, and grandson Anthony (Gary’s son) is president and chief operating officer.

Gary’s brother Glenn has served as general manager of Eldorado; prior to that he had served on the Nevada State Athletic Commission and played quarterback for the Dallas Cowboys. Another famous member of the clan is Gina Carano, a former world women’s champion in mixed martial arts.

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Las Vegas Nevada Lawmakers Consider Legal Marijuana Lounges

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Nevada has consistently earned its reputation as one of the more progressive states in the country. Within its borders, gambling, prostitution and private use of marijuana is already legal. Las Vegas has grown to become the casino gambling capital of the world. These is a reason that this casino resort town is also referred to as ‘Sin City’.

Why Are Nevada Lawmakers Considering Legal Marijuana Lounges?

As mentioned, recreational use of marijuana in private residences is already legal in the state. More recently, Nevada lawmakers will now have to consider a bill that would legalize its use in commercial marijuana lounges.

According to a post by John Sadler for www.lasvegassun.com, a bill was introduced earlier in May to create a statewide Cannabis Compliance Board. Now there is a proposed amendment that would give individual counties the authority to issue licenses governing its use in public lounges.

Discussions on the original bill began this week as part of the current legislative session that has 20 days to go. The general counsel to Nevada Governor Steve Sisolak is J. Brin Gibson. In the role of chair of the Cannabis Compliance Board Advisory Panel, the concern for a cohesive set of laws was high on the list. Given the complicated subject matter, this panel is looking to avoid a set of patchwork laws on the issue.

Under the proposed bill, the state would set up the regulations that each county would have to adhere to. Cannabis would not be sold in lounges and anyone under 21 would be prohibited. There would also be restrictions in place covering the distance between a lounge and a casino.

Krystal Saab is legal counsel for Nevada Organic Remedies and The Source dispensary. She testified in support of the bill. Her exact quote on the matter was:

Legalize And Control The Sale Of Medicinal And Adult-Use Cannabis

“This bill and resulting regulatory framework will further cement Nevada’s cannabis industry as the gold standard for how to legalize and control the sale of medicinal and adult-use cannabis.”

The city of Las Vegas has already taken the lead on this issue by legalizing consumption lounges. This was the first municipality to take this measure in the state. However, under the proposed legislation, individual municipalities would not have the power to circumvent county laws. This means that if Clark County does not approve lounges, they would be illegal in Las Vegas as well.

According to a spokesman for the city of Las Vegas, Jace Radke, “The city is evaluating and monitoring the bill in question.” According to the information in this post, it was unclear if any lounges were up and operating in Las Vegas.

According to a recent post on the Reno Gazette Journal, the vote to allow legal lounges was in response existing Las Vegas city sales. While any number of shops have been legally selling marijuana for the past two years, it still remained illegal to use it in public places. Existing dispensaries would be able to apply for permits to open consumption lounges. Residents and tourists alike would be able use marijuana products in a venue that could also offer meals and entertainment.

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NetEnt and DraftKings Join Forces in New Jersey Online Casino Industry

netent draftkings casino games online gambling

Outside of Nevada, the state of New Jersey would have to be considered the most progressive markets for casino gambling. The Garden State was instrumental in bringing legal sports betting to the state level last year. It won a monumental lawsuit against the federal government and a few of the biggest sports leagues in the country. The case went all the way to the Supreme Court which eventually ruled in favor of state’s rights in the matter.

intertops classic casino

See How NetEnt and DraftKings Join Forces in New Jersey Online Casino Industry

From that point moving further, New Jersey has aggressively pursued the expansion of online gambling through a regulated market. Furthermore, this follows the opening of several land-based sportsbooks in Atlantic City casino resorts as well as the state’s racetracks for horse betting. The online market for all forms of real money gambling is thought of as the next frontier.

As two of the bigger players in the gaming industry, NetEnt and DraftKings are ready to make their mark in the Garden State. As reported on the company website, www.netentc.om late last month, NetEnt signed a “landmark” deal with DraftKings.

DraftKings Will Have Access To Net Entertainment’s Porfolio Of Games

The main crux of the deal allows DraftKings to offer NetEnt’s portfolio of slots and other casino games in New Jersey. Over the coming weeks, NetEnt’s casino games will be launched and available to DraftKings players.

Erik Nyman is the Managing Director for NetEnt Americas LLC. He was quoted in the release as follows:

“We are very excited to have landed a deal with DraftKings. As the world leader in fantasy sports, with a large player base they will add a new dimension to the market. And we are confident that their players will enjoy our popular games.

Limited Presence In The United States Of America

While NetEnt’s presence in the US is limited, it is growing at a rapid pace. This gaming software developer is a truly global force with recent expansions into numerous regulated markets around the world. It is a logical step to start building its presence in the US market through regulated states.

While real money online casino gambling sites are already open to US players, individual states are looking to get a piece of the action. DraftKings initially partnered with Resorts Casino in Atlantic City to open a land-based sportsbook. Furthermore, this has led to an online application for casino games and sports betting. The company is also licensed by the UK Gambling Commission and the Malta Gaming Authority for expansion abroad.

NetEnt is considered to be one of the pioneers of online gambling. In business for over 20 years, it has become a leading provider of premium gaming solutions to an ever-growing network of casino operators. The company is also licensed and regulated by the UK Gambling Commission.

At the heart of its business model for online gambling solutions is NetEnt’s award-winning game portfolio. A few of the most popular video slot titles include:

  1. Jumanji
  2. Gonzo’s Quest- The Search for El Dorado
  3. Starburst
  4. Mega Fortune
  5. Planet of the Apes

Ultimately, this is just a short list of a game portfolio that sets NetEnt apart from the competition.

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