Casino Operator Monarch Remains Selective in Mergers and Acquisitions, and Might Offer Another Special Dividend

How a Leading Casino Operator Navigates Mergers, Acquisitions, and Special Dividends

  • Monarch Casino shows discretion in mergers and acquisitions.
  • Analyst suggests the possibility of another special dividend if acquisitions do not materialise in two years.

Monarch Casino & Resort (NASDAQ: MCRI) has had a remarkable year, demonstrating the immense potential of a successful casino operator through an impressive 30.43% increase in stock value. By outperforming the S&P 500 by a ratio of over 2 to 1, the company has proven that a strategic and selective approach towards mergers and acquisitions is key to driving high-level growth in the gaming industry.

Casino resort
Image by Paul_Henri from Pixabay

Currently, Monarch maintains a portfolio consisting solely of two properties: the Atlantis in Reno and its eponymous property in Black Hawk, Colorado. As a result, the company is one of the smallest publicly traded casino operators in the United States, which perpetually raises queries regarding potential expansion opportunities.

In a recent report by analyst Barry Jonas from Truist Securities, it was revealed that the leadership at Monarch remains highly deliberate when considering potential acquisitions. Nonetheless, they have indicated a willingness to expand their holdings if these acquisitions meet specific criteria.

Acquisition Criteria

The company is focusing on:

  • Properties for which they would also own the real estate.
  • Targets located in fundamentally strong and growing markets, with robust regulations.
  • Regions that do not permit online gambling.

This year, Black Hawk has joined the National Association Against Internet Gambling (NAAG), making it the first casino municipality in the country to do so. As a result, states such as Connecticut, Delaware, Michigan, New Jersey, Pennsylvania, Rhode Island, and West Virginia are off the table for any potential acquisitions Monarch may consider.

Alternatives Beyond M&A

If Monarch is unable to identify suitable acquisition targets, the company possesses other strategies to maintain investor interest. According to Jonas, should no deals materialise within the next two years, the regional casino operator could distribute another special dividend along with its regular quarterly payouts and “opportunistic” share buybacks. Jonas restates his “buy” recommendation and has set a price target of $120 for the shares.

Additionally, there has been prior interest from other buyers looking to acquire the Reno-based gaming company, yet the management team is under no pressure to sell and is focused on maximising shareholder returns.

Focus on Colorado

Black Hawk is among the fastest-growing casino markets in the United States, and given Denver’s historical prominence as a feeder market for Las Vegas, Monarch has ample opportunity to increase its market share in Colorado by attracting more local patrons. However, due to land use restrictions, expanding their properties in the state may prove challenging.

Still, Jonas indicated that “the leadership will explore all market opportunities, including mergers and acquisitions.” The critical question is whether other Black Hawk operators like Bally’s, Caesars, Century Casinos, and Penn Entertainment would be amenable to selling, especially since, like Monarch, they recognise that Black Hawk is one of the most attractive gaming jurisdictions in the Western United States, second only to Las Vegas.

In conclusion, Monarch Casino stays true to its cautious and selective growth strategy, weighing potential acquisitions against solid business fundamentals. With strong investor interest and various avenues for sustaining growth and investor engagement, the future looks bright for this modestly sized gaming operator.

Las Vegas Casinos and Movie Myths: Films You Thought Were Shot in Vegas Busted | 10BET

Beyond the Silver Screen: Debunking Vegas Myths and Finding the Best Las Vegas Casinos

Las Vegas, a dazzling backdrop for a myriad of films, has long been synonymous with the high-stakes thrill and neon energy found within Las Vegas casinos. However, many popular movies that claim to capture the essence of Sin City and its iconic gambling culture were not actually filmed there at all! Here, we explore some of these captivating films and the reasons behind their departure from the real-life glitz and glamour of Las Vegas casinos.

Why Filmmakers Choose Alternatives

  • Cost: Filming in Las Vegas can be prohibitively expensive, with location fees and necessary permits adding up quickly.
  • Casino Cooperation: Many casinos have strict rules about movie productions to protect their image, causing filmmakers to seek alternatives.
  • Lighting and Control: Filming in a controlled environment, such as a soundstage, allows filmmakers to manage lighting, sound, and crowds more effectively.

Let’s take a closer look at some famous films that you might believe were filmed in Las Vegas but were actually shot elsewhere.

1. Leaving Las Vegas (1995)

Movie production
Image by dcondrey from Pixabay

This critically acclaimed film, featuring Nicolas Cage and Elisabeth Shue, was actually shot primarily in Laughlin, a small town 90 miles away from Las Vegas. The city’s corporate casinos weren’t interested in associating with a story centered around such heavy themes, so they denied filming requests. Consequently, much of the interior filming took place at the River Palms Resort and Casino in Laughlin.

2. What Happens in Vegas (2008)

Movie production
Image by TerryPapoulias from Pixabay

Despite its name, most of this romantic comedy starring Ashton Kutcher and Cameron Diaz was filmed on soundstages in Los Angeles. The movie only featured limited exterior shots of Las Vegas, with the bulk of its location shooting happening far from the Strip. This is a prime example of how deceptive movie titles can be!

3. Last Vegas (2013)

This ensemble comedy featuring Michael Douglas, Robert De Niro, and Morgan Freeman primarily filmed at Tyler Perry Studios in Atlanta, Georgia. While the film represents Las Vegas, the interiors of the Aria hotel and casino were recreated on a soundstage, with only the exteriors being shot in Sin City.

4. The Cooler (2003)

Although set in the fictional Shangri-La Casino, much of the filming was done at the Golden Phoenix Hotel & Casino in Reno, resulting in a unique “Las Vegas” aesthetic that was not actually captured in the city itself. The film paints a vivid picture of the Vegas gambling scene but does so with creative studio work and location flexibility.

Conclusion

The rich and vibrant setting of Las Vegas is irresistibly appealing, yet many filmmakers have opted for exterior shots combined with creative studio magic. This means that while the allure of a film being shot in Sin City exists, the reality often diverges far from expectation.

Whether you’re a fan of Westerns, rom-coms, or dramatic narratives, knowing the real filming locations adds an enriching layer to your viewing experience. So next time you catch a film that claims to be set in Las Vegas, take a moment to consider whether the dazzling lights and vibrant scenes were captured on location or recreated on a soundstage!

Want to read more about Vegas myths? Check out more articles like this one every Monday!

Study Dives into the Sports Betting Habits of Americans and Canadians

Study Dives into the Sports Betting Habits of Americans and Canadians

  • 19% of Canadians and 26% of Americans bet on sports in the past year
  • NHL remains the top sport to bet on or play fantasy sports in among Canadians
  • NFL remains the top sport among Americans for both sports betting and fantasy sports

There are many things that divide Americans and Canadians today. However, a shared passion for sports betting and fantasy sports isn’t one of them, as highlighted in a recent study by Leger, a Canadian market research and analytics company.

Sports betting
Image by Larneg from Pixabay

NHL: Canada’s Top Choice

Leger, based in Montreal, specializes in consumer insight, data analytics, customer experience measurement, strategic consultation, and AI-powered market research. During a survey conducted from August 29 to August 31, 2025, the firm spoke to 1,621 Canadians and 1,015 Americans aged 18 and above, focusing on their sports betting habits, especially as the NFL season was about to begin.

Fantasy Sports Popularity

The results show a slight decline in both Canadian and American sports bettors and fantasy sports participants compared to last year. Nineteen percent of Canadians and 26% of Americans bet on sports over the past year, down from 21% and 30% respectively. Surprisingly, while the NFL is renowned for being a betting powerhouse, the NHL remains the top sport for betting and fantasy sports among Canadians. A striking 41% of Canadian sports bettors bet on the NHL last year, while only 26% wagered on the NFL and 21% on the NBA. Furthermore, 32% of Canadian fantasy sports players took part in NHL fantasy leagues.

Americans Prefer Betting on Baseball

Conversely, the NFL still reigns supreme among Americans, with 52% of fantasy sports players engaging in fantasy NFL football and 59% of sports bettors placing bets on NFL games last year. Interestingly, a drop in interest for the NFL is observed among Canadian bettors, decreasing from 37% last year.

However, bets on Major League Baseball (MLB) have surged among Americans, with participation rising from 28% to 40% year-on-year.

Future Betting Trends

As many bettors plan to continue their betting activities this fall, it appears that their betting amounts are likely to increase. Notably, 56% of American NBA bettors, 42% of American NHL bettors, and 45% of American NFL bettors intend to spend more compared to last year.

The study also highlighted attitudes towards sports betting advertisements. Canadians expressed concern over the volume of betting ads, with 75% of them feeling overwhelmed, compared to 59% of Americans. This contrasts with 52% feeling the same in the U.S. the previous year.

While both Canadian and American bettors acknowledge that real-time odds displayed on screens boost their tendencies to wager, understanding the evolving landscape of sports betting habits can be vital for stakeholders in the industry.


Summary: This article examines the latest findings from a Leger study on sports betting habits in Canada and the U.S. While overall participation has decreased, the passion for sports betting remains strong, with Canadians favouring the NHL and Americans leaning towards the NFL and MLB. A growing concern about the prevalence of sports betting ads has also surfaced, suggesting an ongoing evolution in the industry’s landscape.

The Connection Between Mob Boss Carmen “The Cheeseman” DiNunzio and Illegal Gambling: Who Was He? | 10BET

The Legacy of Carmen “The Cheeseman” DiNunzio: Mob Ties and the History of Illegal Gambling

  • Carmen DiNunzio operated a gourmet cheese shop while allegedly linked to organized crime.
  • He was convicted in connection to the ‘Big Dig’ bribery scandal and served federal time.
  • His death signifies the ongoing decline of the Patriarca crime family’s influence in New England.

Carmen DiNunzio, widely known as “The Cheeseman,” passed away at the age of 68, leaving behind a complicated legacy that spanned both legitimate business and organized crime. While he earned his moniker through his ownership of a renowned gourmet cheese shop in Boston, his true notoriety stemmed from his reputedly deep involvement with the Patriarca crime family. Beyond his culinary interests, DiNunzio was allegedly a key figure in the underworlds operations, specifically overseeing much of the lucrative illegal gambling activities that fueled the New England Mafias influence.

public corruption
Image by QuinceCreative from Pixabay

According to his lawyer, DiNunzio struggled with health issues such as obesity, Type 2 diabetes, and heart problems. After his death, there was debate regarding his rank within the Mafia. Some referred to him as an “underboss,” while others went as far as calling him “godfather.”

Exit The Cheeseman

His lawyer portrayed him as merely a respectable businessman, operating Fresh Cheese on Endicott Street in Boston until its closure in 2009. Customers had previously loved the shop’s selection of gourmet cheeses, including varieties like pepato, pecorino, gorgonzola, olives, spreads, deli meats, pasta, and sauces.

However, law enforcement sources outlined a different narrative. They claimed DiNunzio was formally inducted into the Mafia as a “made man” in the late ’90s and became an underboss by 2004. His dealings extended across Rhode Island and involved overseeing operations in Boston and Eastern Massachusetts.

His criminal record included multiple convictions for public corruption and illegal gambling. In 2009, he pled guilty for his role in a conspiracy to bribe state officials.

The bribery was related to a contract for the Big Dig project, a massive construction effort in Massachusetts popular from the early 90s until the 2000s. Alongside that, he faced charges of conspiracy to promote illegal gambling and operating an illegal gaming enterprise as per the FBI and Massachusetts Attorney General’s Office.

DiNunzio reportedly managed expansive bookmaking ventures in Boston, a lucrative business for the Patriarca crime family. Prosecutors alleged he oversaw sports betting operations while enforcing collection dues through intimidation tactics. His sentence amounted to six years in federal prison, leading to his release in 2015.

Patriarca Decline

The Patriarca family had once been a dominant presence, engaging in illegal gambling, loansharking, and extortion across Massachusetts, Rhode Island, and Connecticut. Yet, in recent decades, the family has faced serious challenges. Internal conflicts, numerous prosecutions, and leadership losses have led to a significant reduction in membership. Authorities now believe that only around 30 “made” members remain in the family compared to the hundreds in the 1960s.

It is a sobering reflection on how organized crime’s influence is gradually fading in the region.

In summary, Carmen DiNunzio’s life intertwines food, health struggles, and crime, illustrating the complex realities of criminal networks in America. His passing not only marks the end of an era for a notorious business figure but also signals ongoing challenges for the organized crime units he was a part of. As DiNunzio’s story fades, so does the once-mighty Patriarca crime family.

How Gambling Addiction Led to a Bomb Threat Chaos on a Resorts World Casino Cruise | 10BET

Resorts World Casino Cruise Chaos: How Gambling Addiction Led to a Bomb Threat Incident

  • Casino losses drove a man to send the cruise ship a bomb threat
  • Threat email disrupted 4,000 passengers boarding for the next voyage
  • Man faces up to seven years in prison and/or a heavy fine

The devastating spiral of gambling addiction can lead to unimaginable consequences, as seen in the case of 41-year-old Singaporean man Neo Hui Ghim. After losing approximately S$2,000 (around US$1,558) in the casino aboard a Resorts World cruise ship, the compulsion to recover his losses drove him to a breaking point. In a desperate attempt to reclaim his money, he resorted to sending bomb threats to the cruise operator, illustrating how the psychological grip of gambling addiction can escalate into serious criminal behavior.

Cruise ship
Image by Nikon-2110 from Pixabay

The incident unfolded shortly after Neo and his parents completed a cruise from Singapore to Malaysia in October 2023. Initially hoping to attend a concert on board, Neo was disappointed to find that tickets were sold out. Instead, he turned to the on-board casino, where he lost money over repeated visits.

On October 13, just hours after wrapping up the cruise, Neo shot off an email to the customer service department of Resorts World Cruises. The ominous subject line read “Bomb at Resorts World Cruises,” and within the email, he threatened: “Please return me back my monies else the ship will explode, and everyone dropped into the sea.”

Neo made a glaring mistake by using the same email address for both booking the cruise and sending the threat, which led to his swift identification. Within three hours, authorities apprehended him, but not before his actions disrupted the boarding of around 4,000 passengers who were eagerly awaiting the next cruise.

In response to the threat, police, alongside the Immigration and Checkpoints Authority and security personnel, conducted extensive inspections of the ship, though fortunately, no dangerous items were discovered on board.

Legal Ramifications

Neo Hui Ghim is potentially facing severe legal consequences, having pleaded guilty to a single count of communicating false information regarding a dangerous situation. While he was initially expected to be sentenced on September 22, it has been rescheduled to October 27, when he could face up to seven years of imprisonment, a hefty fine of up to S$50,000, or both.

Parallels in Desperation

This incident isn’t an isolated case; gambling and debts can lead individuals to desperate actions. For instance, there was a recent case involving Jey Gonzalez-Diaz, a Royal Caribbean cruise passenger who jumped overboard after racking up a debt of US$16,000 in the casino onboard. His gambit did not end tragically; instead, he was rescued by a jet-skier and brought back to shore, where he currently faces federal charges.

  • Cases like Neo’s highlight the extreme pressures people can face while gambling.
  • The emotional fallout from gambling losses can lead to irrational decision-making.
  • Authorities are increasingly vigilant about threats that disrupt public safety.

This situation serves as a stark reminder of the consequences of gambling addiction and the legal repercussions of engaging in fraudulent activities. It also emphasizes the need for responsible gambling and available support networks for those struggling with addiction.

For information about getting help with gambling problems, various organizations offer resources and support. Gambling should always be approached as a form of entertainment, not a way to make money.

In summary, Neo Hui Ghim’s bomb threat backfired spectacularly, leading to his arrest and potential prison time. His story illustrates the dire consequences tied to gambling addiction while highlighting the need for support and responsible gambling practices.

From Stock Growth to Jackpot Wins: Why Lottery Games Are the Ultimate Growth Lever | 10BET

Unlock Big Wins with Exciting Lottery Games: Analyst Predicts Massive Growth Potential

  • iLottery, international contracts could bolster case for the stock
  • Analyst sees “improving setup,” says Italy concerns may be overstated

Investors are closely watching the market as interest in high-reward entertainment shifts, specifically driving a surge in the popularity of lottery games. This trend is reflected in a noteworthy development for Brightstar Lottery (NYSE: BRSL), whose shares have climbed by approximately 33% over the past 90 days. With the growing demand for these types of gaming experiences, at least one analyst has indicated that there may be even more upside potential for this stock.

Stock market
Image by 3844328 from Pixabay

According to a recent report to clients by Stifel analyst Jeffrey Stantial, a buy rating has been reiterated for Brightstar, with an increased price target rising from $18 to $20, suggesting a potential upside of nearly 18% from the close preceding the analysis.

“Contract timing and well-documented macro resilience suggest only moderate downside risk near-term. This indicates growing investor appreciation for lottery’s acyclical nature against deteriorating macro indicators. This may enhance dividends yielding more than 5%, while positive estimate momentum and prospective multiple re-rates may come from jackpot normalisation and an accelerating organic growth algorithm.”

Notably, the resilience of the lottery sector in the face of economic stress is both straightforward and well-observed. While customers might reduce visits to gaming hubs like Las Vegas during times of economic difficulty, people still tend to spend on lottery tickets as a form of entertainment regardless of their financial situation.

iLottery as a Catalyst for Brightstar Stock

Despite the iLottery segment not generating the same excitement as internet gaming or sports betting, it is still a developing area with substantial prospects. Some analysts project that the internet lottery market may eventually rival that of online sports betting.

This niche is blooming and could serve as a long-term growth catalyst for Brightstar’s stock. Importantly, the expansion in internet lottery can occur both domestically and internationally, which means Brightstar will not be limited to a single government’s approach to this type of wagering.

“The gradual adoption of iLottery state by state has accelerated recently due to improved cloud solutions, while Italy’s iLottery has also gained momentum thanks to regulatory enhancements and greater engagement with retailers,” adds Stantial.

Referring to Italy, this year Brightstar made a sizable investment of $2.6 billion to continue its lottery contract there following a highly competitive bidding process. This has raised concerns among investors who fear that the company may have overpaid to keep a contract it has managed for over 30 years. Nevertheless, Stantial believes these worries may not be justified as Brightstar can leverage this agreement to bolster its iGaming, iLottery, and sports betting operations in Europe’s largest gambling market.

Brightstar Lottery: A Commitment to Shareholder Rewards

In July, the lottery operator announced $1.1 billion in incentives for investors, including a $500 million share repurchase initiative and a special dividend, showcasing its commitment to rewarding its shareholders.

Over the years, Brightstar has consistently repurchased its own shares, showing a promise to grow its dividends while managing its liabilities effectively.

“We foresee that the leftover discretionary free cash flow will go towards debt repayment and opportunities for share repurchases, noting that net leverage is expected to marginally exceed the target of 3x after the last tranche of the Italian Lotto upfront fee,” concludes Stantial.

In summary, Brightstar Lottery appears to be on an upward trajectory, bolstered by its strategic positioning in the global lottery market, robust financial practices, and commitment to shareholder returns, making it an attractive proposition for investors.

Prime Skill Games CEO: Why We’re Fighting to Revolutionize Modern Gambling Devices | 10BET

Prime Skill Games CEO: We’re Not Backing Down from the Fight to Revolutionize Gambling Devices

In a landmark ruling, the Ontario Superior Court of Justice recently reaffirmed that the specialized gambling devices produced by GotSkill? continue to be classified as regulated gaming equipment, despite recent modifications to their design. This decision has ignited a high-stakes legal battle involving Matt Zamrozniak, the CEO of Prime Skill Games, who is now determined to challenge the classification of these gambling devices through formal legal channels. Let’s delve into the profound implications of this ruling and what it signifies for the future of electronic gambling devices within the Ontario market.

Key Highlights

  • Ontario Superior Court’s Decision: The court ruled against GotSkill? indicating that their machines are classed as gambling devices.
  • Legal Actions: Prime Skill Games has initiated a legal challenge against the Alcohol and Gaming Commission of Ontario (AGCO).
  • Focus on Compliance: The CEO emphasizes a commitment to operating within legal frameworks and expressing confidence in their product integrity.

Context of the Ruling

The court’s ruling in July underscored that the gaming machines from GotSkill? do not meet the criteria for games of skill. Instead, they were classified as gambling devices due to their inherent reliance on chance. This ruling poses substantial setbacks for businesses seeking to offer these machines in licensed venues.

The Legal Fight Begins

Following the court ruling, Matt Zamrozniak made it clear in interviews that Prime Skill Games intends to fight back against the AGCO. He stated: “I’ve carefully analysed the court’s decision. While GotSkill? is indeed a competitor, I respect their ongoing efforts and believe in their battle.” He further elaborated that he prefers fair competition within regulated environments instead of forcing these games underground.

AGCO’s Role in the Dispute

The AGCO has taken a proactive stance against gaming machines it deems illegal, citing a potential public risk from unregulated gambling. The Commission expressed satisfaction with the court’s ruling and is committed to mitigating threats posed by illicit gaming devices throughout Ontario. As a result, many establishments have faced the AGCO’s scrutiny, leading to regulatory repercussions.

What This Means for Skill Games

The ongoing discussions raise significant questions about the nature of skill-based versus chance-based games. The AGCO’s position indicates they view skill games as inherently risky due to their potential to morph into gambling devices. This perspective has led to strict enforcement measures and the removal of machines considered to be in violation of existing gaming laws.

Stating the Case for Skill Games

Zamrozniak argues that Prime Skill Games stands apart due to its emphasis on strategy and mental skill in its game mechanics. He asserts that the outcome of their games is determined by strategic decisions made by players rather than mere luck. “We are not gambling,” he insists. “Our success hinges on skill, planning, and decision-making. The outcome rests on the player’s actions, contrary to random results. AGCO tends to lump all electronic gaming terminals into one category without acknowledging these distinctions.”

Appealing for Dialogue

Throughout the process, Prime Skill Games has indicated a willingness to cooperate and engage in constructive dialogue with the AGCO. Zamrozniak expressed frustration that his attempts for discussions have been largely rejected.

The Future of Prime Skill Games

Looking towards the future, Zamrozniak notes the necessity for the opportunity to solidify the legitimacy of their products within the market. “We are not hiding behind the law. I am open to any chance to present the case for our products,” he affirms, advocating for transparency and highlighting the gulf between skill-based initiatives and gambling.

Conclusion

The conflict concerning skill games and gambling laws in Ontario underscores a complex relationship between gaming manufacturers, regulatory authorities, and consumers. As Prime Skill Games steps forward in challenging the AGCO’s decision, it raises pivotal questions about the future of skill-based gaming in the province. It remains crucial for the industry to clarify these distinctions and hold meaningful conversations about regulation moving forward.

In summary, the ongoing legal challenges reflect broader debates surrounding the separation of skill and chance within gaming contexts. While the decision from Ontario Superior Court dealt a blow to GotSkill?, it simultaneously opens doors for Prime Skill Games to advocate vigorously for their business model and challenge the status quo effectively.

Uploaded via WPAPI

Wynn UAE Casino Resort Could Lure 3.5 Million Tourists to Home Island, Says Exec

Wynn UAE Casino Resort Could Lure 3.5 Million Tourists to Home Island, Says Exec

The Wynn Al Marjan Island is a groundbreaking development poised to redefine the tourism landscape of Ras Al Khaimah. As the first premier casino resort of its kind in the Arab world, this project is set to become a major cornerstone of the UAEs leisure industry. Abdulla Al Abdouli, CEO of Marjan Properties, has indicated that the presence of such a world-class casino resort could be pivotal in attracting over 3.5 million visitors each year by 2030, significantly enhancing the regions global appeal through integrated luxury and entertainment.

Key Highlights of Wynn Al Marjan Island

  • Projected Annual Visitors: The resort aims to attract approximately 3.5 million tourists every year, potentially rivaling the visitor numbers of major casinos in Las Vegas.
  • Construction Milestones: Currently, the project has reached its 61st floor and is scheduled to open its doors in 2027.
  • Strategic Location: Ras Al Khaimah is a short flight from Dubai, making it accessible for both local and international tourists.

In a recent conversation with The Khaleej Times, Al Abdouli elaborated on the potential benefits of this new resort. He noted that attracting such a significant number of tourists will require increased hospitality infrastructure, including hotels and residential units. This aligns with the Ras Al Khaimah Tourism Development Authority’s ambitious goal of enhancing the region’s visitor accommodations.

A rendering of Wynn’s UAE casino hotel
A rendering of Wynn’s UAE casino hotel.

The Casino’s Economic Impact

The Wynn Al Marjan Island is being developed at a cost of $5.1 billion and is set to feature 1,542 luxurious guest rooms. The Wynn Resorts company is self-funding 40% of the project, with local partners Marjan LLC and RAK Hospitality Holding LLC joining in.

One of the key factors contributing to the expected influx of tourists is the UAE’s significant local wealth and the integrated resort’s strategic accessibility. Positioned within an eight-hour flight of a vast segment of the global population, Wynn Al Marjan Island is well-poised to become a major tourist destination. The resort’s projected capacity could also allow it to compete directly with popular casino resorts along the Las Vegas Strip.

Supporting Local Economy

Al Abdouli highlighted the essential role of this resort in supporting the local economy. The influx of visitors is expected to create numerous job opportunities and stimulate business growth in various sectors, including retail and hospitality.

Moreover, Wynn has acquired a substantial piece of land adjacent to the Al Marjan Island, offering future expansion possibilities that could include additional gaming venues, further enhancing the region’s appeal.

A Positive Outlook for Investors

Investor sentiment towards Wynn’s UAE venture is growing. According to a report by Stifel analyst Steven Wieczynski, there’s potential for Wynn Al Marjan Island to account for nearly 15% of the company’s earnings before interest, taxes, depreciation, and amortization (EBITDA) upon its launch in 2027. Analysts estimate the property could add significant value to Wynn’s shares, potentially elevating them to anywhere between $18 to $25 each.

Summary

In summary, Wynn Al Marjan Island is not just a casino; it represents a major step toward strengthening Ras Al Khaimah’s tourism infrastructure and economic growth. With ambitious goals set for visitor numbers, substantial investment, and future expansion opportunities, this project is expected to play a critical role in the UAE’s evolving hospitality scene.

Dining and High Stakes: Why Las Vegas Casinos Like The Rio Are the Ultimate Culinary Destinations | 10BET

Vegas steakhouse
Image by CharlVera from Pixabay

Indulge in High Steaks Dining at the Best Las Vegas Casinos: Chef James Trees Debuts at the Rio

Acclaimed Las Vegas Chef James Trees is bringing a new culinary dimension to the excitement of Las Vegas casinos with the upcoming launch of his first casino-based restaurant, High Steaks Vegas, at the Rio. Set to open on October 14, this 240-seat dining establishment will occupy the space formerly known as Voodoo Steak atop Rio’s Masquerade Tower, offering players a premier destination to refuel between rounds at the tables.

About Chef James Trees

  • Acquisition of Culinary Fame: Since launching Esther’s Kitchen in January 2018, Trees has cultivated a reputation for innovative and independent dining in Las Vegas.
  • Expanding Portfolio: He’s also brought forth other dining experiences such as Bar Boheme, Al Solito Posto, and relocating Ada’s Food + Wine back to where it all began at Esther’s.
  • Award-Winning Talent: Recently, Chef Trees and his team at Ada’s were celebrated with “The World of Fine Wine’s” Most Original Wine List in the World award, marking their second consecutive win.

What to Expect at High Steaks Vegas

High Steaks Vegas promises to offer a unique dining experience that could set new benchmarks in Las Vegas’s steakhouse evolution. Here’s what diners can look forward to:

  • Diverse Menu: The menu aims to surprise patrons with innovative items, including game selections and classic steakhouse dishes, each crafted with a modern twist.
  • Signature Dishes: Be sure to try the house specialty of creamed spinach enhanced with basil and nutmeg.
  • Emphasis on Quality: As Chef Trees noted, the goal is to source the best products and keep the menu dynamic, evolving alongside culinary trends and patron preferences.

Insights from the Chef

During a recent conversation with Casino.org, Chef Trees shared his thoughts on the transition to casino dining:

“We are in a great position. The Rio approached us first to develop an Italian concept, but after evaluating the space, we pivoted towards a steakhouse which I believe will enhance the whole dining space.”

Challenges & Inspirations

Scaling a successful restaurant across multiple venues comes with its challenges. Here’s how Trees navigates through them:

  1. Strong Team: Trees credits the strength of his team, highlighting Joe Swan and Adam Rios, who lead operations and menu development.
  2. Balancing Nostalgia and Innovation: He believes the best steakhouses procure high-quality ingredients simply, while still creating excitement with inventive dishes.
  3. Development of New Dishes: The creative process starts with a foundational menu comprising must-have items, then expands to more creative offerings based on available ingredients.

Why Visit High Steaks Vegas?

  • Opening Date: Bookings are already open ahead of the official launch!
  • Reservation Details: Diners can make their reservations via OpenTable or by contacting events@highsteaks.vegas.
  • Culinary Philosophy: Sourcing fresh, local ingredients and creating innovative dishes that respect classic flavours.

For anyone visiting Las Vegas, High Steaks Vegas at the Rio will certainly be a restaurant to check out. The exciting blend of Chef Trees’ culinary expertise, original ideas, and the vibrant atmosphere is bound to create a memorable dining experience that speaks to both locals and visitors alike.

Stay tuned in the world of Las Vegas dining news as Chef Trees and his team work to reshape the culinary landscape.

Can These Guys Break the Guinness World Record for Most Casinos Visited in 24 Hours?

Can These Guys Break the Guinness World Record for Most Casinos Visited in 24 Hours?

Las Vegas is a city bursting with entertainment options. But coming this Thursday, two mates, Joel Strasser and Garrett Smith, are on a mission to achieve a remarkable feat never seen before: attempting to break the Guinness World Record for the Most Casinos Visited in 24 Hours.

Strasser and Smith, who gained fame from the reality show “The Amazing Race” Season 35, will partner with Casino.org on their record-breaking adventure. Both military veterans, these two chaps are no strangers to tackling seemingly impossible tasks.

Casino adventure
Image by peterperhac from Pixabay

In their careers, they both have showcased exceptional determination, with Strasser holding an impressive 20 Guinness World Records. Most of these records revolve around quirky challenges, including the longest cornhole shot using a slingshot. Now, they aim to secure their 21st record.

“We’re always on the lookout for our next record to break. This one fits perfectly with our adventurous spirit!” said Smyth. “After doing some research, we found out about the Casino.org contest and got excited.”

Originally conceived over 18 months ago, the initiative comes to fruition this Thursday at 3 PM local time. The duo plans to zip around Las Vegas, covering the Strip, downtown, and Henderson while visiting and gambling in as many casinos as they can until 3 PM on Friday.

Most Casinos Visited in 24 Hours

The current record stands at 74 casinos, set by Kimo Ah Yun and Gary Meyer back in October 2017. Strasser and Smith aim to surpass this by visiting at least 75 casinos, with aspirations of exceeding even that benchmark.

This challenge poses significant logistical hurdles. As Strasser noted, “Following all of Guinness’ rules and regulations can be incredibly complex. That’s likely why this record has stood for nearly ten years.” Many hopeful contenders have faltered due to exhaustion or missteps along the way.

To qualify, participants must gamble on table games or electronic table games—no slot machines allowed. Additionally, they cannot use taxis or rideshare services; they plan to travel by bike and on foot, although public transport like the monorail is permitted.

Joel and Garrett’s Preparation

In the lead-up to their quest, Strasser and Smith have drawn up a detailed map of Southern Nevada. They have spent days in Las Vegas working tirelessly to prepare for this record attempt.

When asked how they plan to tackle potential sleep deprivation, Strasser remarked that the thrill of the challenge and their past experiences in “The Amazing Race” will motivate them through. “Normal folks don’t usually take up such feats,” Garrett quipped, reflecting on their unique approach.

“There’s a certain energy and momentum one taps into when doing something extraordinary,” Strasser added. “We’re confident we can pull it off!”

The duo will need to stay well-hydrated, as weather forecasts predict temperatures in the mid-90s.

Follow Their Journey

  • This thrilling record attempt will take place in Las Vegas and features visits to a range of casinos.
  • As both veterans and experienced participants of reality TV, they bring a unique energy to their attempt.
  • The attempt brings attention to the competitive spirit and community surrounding casino culture.

Join Joel and Garrett as they capture the excitement of Las Vegas and engage in this unique challenge. With remarkable determination and a touch of humor, they aim to etch their names in Guinness World Records’ history!

Summary:
Strasser and Smith, two determined military veterans, embark on an ambitious quest in Las Vegas to break the Guinness World Record for the most casinos visited within 24 hours. With a plan in place and the spirit of adventure guiding them, they aim to surpass the existing record while overcoming numerous logistical challenges along the way.