Jess Marquez

Nevada

Managing Editor at Global Gaming Business Magazine

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Articles

TRIBAL GAMING IN FOCUS

1 week ago | ggbnews.com | Jess Marquez

California AG Proposes New Cardroom Regs California Attorney General Rob Bonta has proposed new sets of regulations for the state’s cardrooms that would have an immense impact on operations, at the same time that the state’s gaming tribes are suing the cardrooms over the use of third party player proposition services (TPPPS), which tribes say violate their exclusivity for banked card games.
WEEKLY FEATURE: Fontainebleau Investigation Leaked by NV Regulators

1 week ago | ggbnews.com | Jess Marquez

The tentacles of anti-money laundering scandals appear to be extending themselves further and further throughout southern Nevada, with the Fontainebleau Las Vegas said to be the latest focus. It was inadvertently revealed at last week’s Nevada Gaming Commission meeting that the casino is facing an AML probe over credit approvals. Fontainebleau, owned by Jeffrey Soffer and Koch Real Estate Investments, is the newest addition to the Las Vegas Strip.
Cohen’s Metropolitan Park Rezoning Bill Heads to Governor’s Desk

1 week ago | ggbnews.com | Jess Marquez

The New York state Senate voted 54-5 May 27 to approve the rezoning of 50 acres of parkland near Citi Field in Queens, clearing the way for Mets owner Steve Cohen to develop his $8 billion Metropolitan Park proposal. The rezoning was already approved by the state Assembly earlier this year, and it now heads to Gov. Kathy Hochul’s desk for final approval.
Nevada gaming flat in April amid tariff, visitation uncertainty

1 week ago | igamingbusiness.com | Jess Marquez

April was a month of uncertainty, but Nevada gaming managed to keep pace despite more struggles on the Strip. In a month that was dominated by tariff announcements and economic uncertainty, the Nevada gaming industry generated gross gaming revenue of $1.23 billion in April, according to data from the Nevada Gaming Control Board. The total was flat year-on-year, and the state is now down 1% for the fiscal year to date.
Caesars NY bid endorsed by biggest US hotel chain

1 week ago | igamingbusiness.com | Jess Marquez

A second environmental public comment hearing for the Caesars Palace Times Square proposal hosted by the New York State Gaming Commission Wednesday was headlined by a notable endorsement of the project. Geoff Ballotti, president and CEO of hospitality giant Wyndham Hotels & Resorts, called in to the hearing to offer praise for the casino proposed at 1515 Broadway. Caesars Entertainment is partnering with SL Green and Roc Nation for the bid, not Wyndham.
Tribal leaders say they don't know what to expect from upcoming CFTC call

1 week ago | igamingbusiness.com | Jess Marquez

Gaming tribe leaders will finally hear something from the CFTC Thursday regarding prediction market issues. Leaders of US tribes active in gaming will take part in a virtual meeting Thursday with Caroline Pham, acting chair of the Commodity Futures Trading Commission. The call is expected to centre around sports event contracts on prediction markets. That’s about all that anyone knows so far, including those involved.
Fontainebleau investigation leaked at recent Nevada regulatory hearing

1 week ago | igamingbusiness.com | Jess Marquez

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Local artists, creatives express love for Silverstein in Avenir proposal hearing

2 weeks ago | igamingbusiness.com | Jess Marquez

Silverstein Properties won the hearts of many New Yorkers for its role in rebuilding the World Trade Center site. But will that goodwill culminate in a casino licence? For the second day in a row, the New York State Gaming Commission hosted a virtual public comment hearing for a downstate casino proposal late Thursday. This time, it was for World Trade Center redeveloper Silverstein Properties’ Avenir proposal in Manhattan.
U.S. IN FOCUS - GGB News

2 weeks ago | ggbnews.com | Jess Marquez

Senate Passes Standalone No Tax on Tips Bill On May 20, the U.S. Senate passed a standalone version of the “no tax on tips” bill that was included in the House’s overall spending and tax mega-bill. Nevada Sen. Jacky Rosen brought the bill to the floor and passed it via unanimous consent, meaning all 100 senators concurred. Such a process is very rare, especially for actual bills and not just procedural motions.
Wynn Exits NYC Casino Chase

2 weeks ago | ggbnews.com | Jess Marquez

And then there were eight: Wynn Resorts announced May 19 that it is officially dropping out of the race for one of three available downstate New York casino licences. Wynn is now the third potential applicant to withdraw its bid before the June 27 application deadline, joining Las Vegas Sands and Hudson’s Bay Co. Hudson’s Bay withdrew on April 10 and LVS followed two weeks after that.