Indy Gaming: Arizona sports betting fuels the age-old question: ‘Will Las Vegas be hurt?’

Arizona gambling officials will flip the switch on the state's legal sports betting machines ahead of the National Football League's traditional Thursday night kickoff on September 9, when Tom Brady and the Tampa Bay Buccaneers begin their Super Bowl title defense.

As Arizona becomes the 23rd state to legalize sports betting, more than a dozen operators are expected to begin operating, primarily through mobile platforms.

The bill was introduced in late January in an agreement between the state's governor, tribal casinos and the state's professional sports teams and franchises.

Arizona is home to industry giants such as DraftKings, FanDuel, Caesars Sportsbook, BetMGM, Penn National/Barstool Sports, WynnBet and BallyBet, all of which are expected to launch mobile sports betting next week or during the NFL season.

Analysts believe Arizona could record similar numbers to Colorado, where sports betting launched in May 2020 and quickly became one of the state's top 10 markets. In May, Colorado sportsbooks took in nearly $2 billion in total bets, competing with Indiana and Michigan for fifth and sixth place overall.

"Colorado and Indiana are two states with a similar density and diversity of sports betting brands and distribution channels as Arizona," said Chris Grove, an analyst at Eilers & amp; amp; amp; amp; Krejcik Gaming.

Brendan Bussmann, partner at Global Market Advisors, believes Arizona's "strong fan base" gives it something in common with Colorado.

"Their mobile offerings provide a wider range of options for sports gamblers, and they could also have synergies with Nevada operators, who have partnerships with tribes and teams," Bussmann said.

But could Nevada's sports betting market be taken over by its neighbor?

Nevada is currently the second-largest state in sports betting and sports betting revenue, behind New Jersey. Nevada sportsbooks are also on track to beat their 2019 records of $329. 1 million in revenue and $5. 319 billion in bets.

Arizona has some mitigating factors, as it is home to Phoenix, the fifth most populous city in the nation and home to professional sports franchises from all four major leagues.

The addition of DraftKings, FanDuel and Barstool gives Arizona sports fans options not available in Nevada.

In fact, if Arizona has reduced the share of activities related to sports charges in Nevada, the cost will be repaid not only by sports but also by new gambling purchasers who are enthusiastic fans of other gambling. Groma is thinking.

"People in this group have a fresh reason for visiting Las Vegas and a new image of gambling, and if you go to Las Vegas, you have the chance to try gambling." We still have a poke r-like sport. The only warning that the rising waves cover Las Vegas and lift all aspects is that Las Vegas does not lose demand in Las Vegas. There is an obligation to continue to develop.

Bathman imagined that if gambling was noticed in Arizona, some sports games would remain in the border. However, according to his text, Las Vegas's technology is not equal to itself.

"From the Atlantic City stage, there were people who predicted Las Vegas's decline. , It is necessary to fit the feet with the period.

Sports Sara Slaine in Maryland, consultants for advice to some companies that immediately start operating in Arizona, have suffered from customer remote registration access to sports in Nevada. I agre e-This is effectively meaning that the player needs to visit the registered sports facilities directly due to online registration. She still waits, and the operator actually owns a huge advertising budget for customer acquisition.

In early August, CEO of Caesers Entertainment, an expansion casino, stated that the investment company Rig, a Caesters Sports Book, who actually had more than $ 1 billion in the top two and a half years. Long that has not been executed to create a customer base for business operators' sports betting business.

What is Caesers particularly interested? Arizona

The company has signed a contract to build a sportbook at the Chase Field Stadium in the downtown area of ​​Arizona Diamondbucks and Phoenix, and has concluded a lon g-term partnership with the organizer of the Fiesta Bowl.

According to the company's representative, Caesers is evaluating the opportunity to open a retail sportsbook at the Harraz Actin Resort of South Phoenix Casino, which has been managing Akkin for more than 25 years for the Indian community. There is.

Barstool Sports, a digital media platform that serves as an extension of the sports fee for Penn National Gaming casino's regional operator, became the title sponsor and broadcast partner of the Tassone in July, renaming it the Barstool Sports Arizona Bowl. Details of the long-term agreement were not announced.

Barstool is still developing a retail sportsbook at Phoenix Speedway.

But the process in Arizona hasn't gone off without a few horseshoes.

The Javapai-Prescott Indian Tribe, based near Prescott, filed for statehood, arguing that the sports fee law is unconstitutional. The Turf Paradise Hippodrome in Phoenix also sued, alleging that it was not connected in the licensing process. Hearings on both cases are scheduled for Friday.

Meanwhile, the Gambling Bureau initially forced Arizona to void the agreement between PointSBE and the Yavapai Apache Nation Partnership.

"Despite the initial issues, Arizona has an opportunity and an obligation to freeze a proper sports betting market," Bassman said.

Future space at Station Casino resort site near Durango Road, south of I-215 highway (Jeff Scheid/The Nevada Independent)

Culinary specialists question need for can't-miss "Durango Station" plan

Red Rock Resorts Inc. opened a short time ago with plans to build a hotel and casino in an agile development southwest of Las Vegas. However, the plan was triggered by resistance from the company's longtime nemesis, the 226 Culinary Employees Union.

In a letter of intent submitted to the Clark Regional Planning Department, Red Rock, through its subsidiary Casino, said it wants to build a hotel-casino with nearly 95, 000 square feet of gaming space and non-gas amenities beyond restaurants and a movie theater. The company even says it will take control of the 71-acre site at the intersection of Durango Drive and the 215 Beltway in two steps.

During Red Rock's second quarterly conference focused on employee benefits, the company described Durango Station as a plan to target the down-home areas of Las Vegas that don't have casino-style gambling establishments, but are attracting a growing audience.

The site is about 11 miles south of Las Vegas Boulevard from South Point and about nine miles from the Red Rock Resort in Summerlin. The site is surrounded by residential neighborhoods, including a number of RKS Ranch locations.

Gambling experts say Durango Station is an opportunity not to be missed, as it's the only no-limits gambling space in this part of southwest Las Vegas.

Las Vegas' local bazaar continues to outpace the characteristics of gambling company profits, which were trending towards the trend in areas outside the Strip and the metropolis' center. In the first seven months of 2021, compared to 2019, the age characterized by 16, 1%. In July alone, the increase was almost 13, 5%.

"Right now, our main concern is focused on Durago, which we see as a prominent possibility for formation in the smallest part of the Las Vegas plain," Red Rock Resorts General Manager Frank Fertit III said in the company's State-Guard conference call in July.

The casino, which was held on Tuesday, had to receive its own intention from the city's Spring, Wallay and Clark Commission on September 22.

However, the culinary trade union, which has been trying to export Red Rock-employees who have not been employed in gambling advertising for about 20 years, will be in a fluctuation of the need to build an object in this space.

In addition to increasing the housing stock, the developer began construction in February of a $400 million functional ensemble with an uncommons, office buildings, retail stores, a cinema, flats for 40 years of age in the globe, one that has been put together with the proposed Durango Station Building.

"This plan has the potential to lead to the largest increase in traffic volume outside of what is already anticipated," the union's statement said.

The Durango Station Building plan was first submitted in Clark in 2008, but due to the recession and collective ruin reorganization, Station Casino suspended the plan and it was settled in 2011. The union claims that, in effect, the current intention to build the station is less than the initial plan, using only 50 acres of land.

Recently, the Culinary Union has stated in a report sent to the neighborhoods adjacent to the site that the proximity of the entrance to the ensemble's idea on Moware Street is at least half a mile from the former secondary school of Wayne Shelving, and is fluctuating.

In addition, the union questioned why Red Rock did not restore work on the Fiesta Objet in Henderson and North Las Vegas, as well as Texas Station in North Las Vegas, which had been in process for nearly 18 months.

In July, Fertitta told experts that the company would "continue to evaluate" closed properties and would only restore work on the business "if we consider that they have any possibility of improving the company's unconditional profitability in the future."

A fourth property outside the Palms of the Strip, implemented by the Southern California Indian tribe Southern Manuel for $650 million, will be closed by then as well as the resale will be approved by Nevada gambling regulators.

In July, the Federal Judge, despite the fact that employees voted against such a representative office almost 18 months ago, Casino Station Company is a Red Rock-Resort 1350, which is not a player. He ordered to sign a contract with a cooking union for employees.

Two days ago, more than 100 employees at the Rock Palace Station and BULDER station casinos held a protest rally in front of the Union Office and demanded that the dishes were abandoned NLRB. It is necessary to cancel the voting of the place, and in these two institutions, employees left the representative office.

Add Durang o-station to the latest chapter of casinos and food hostility stations.

Log in to Caesters Palace on March 27, 2021. (Jeff Shide / Nevada Independent paper)

Create a COVID-19 vaccine: World Series of Poker requests the player for vaccination

Last week, the World Series of Poker, owned by Caesters Entertainment, must check if all participants in the tournament in Las Vegas have been vaccinated for Cobid 19 before registration. It was announced.

The 52nd tournament will be held at Rio Hotel Casino from September 30 to November 23, consisting of 88 events, and its highlights will be an unlimited BAI-Iinu $ 10, 000 unlimited holesam championship.

Last year's tournament was canceled for pandemic, but a small online tournament was held.

"This decision is not a careless thing." Protects the player's rights and operates a unique TV broadcast game event, but also accepted without any purpose. Due to the nature of the poker, rivals are rivals. The shortening of the nearby, and participation in the World Series of Poker is a promise for us and participants.

However, Caesers has no obligation to vaccination. According to Kate Whitley, Caesers Entertainment and the World Series of Poker employees are urgently encouraging COVID-19 in vaccination. Caesers aims to be a simple and eas y-t o-use vaccination team for all members. In addition, the company provides great profits to members who have decided vaccination.

The announcement of the tournament gained the support of many leading poker players.

"If you follow the rules, you can play freely with WSOP. Wear a shirt. Hit the vaccine. Select one of these three. If you do this, you can play!" 6 in the Global Poker Series. Daniel Negleane, who has won the championship, writes on Twitter:

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