Hi, this is Charles Jay, with The Weekly Gambling News Roundup.
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When the Hard Rock Hotel in Las Vegas completes its transformation into the Virgin Hotels Las Vegas in November of next year, it’ll have a new entity operating the casino.
Mohegan Gaming & Entertainment, which also owns the Mohegan Sun Casino in Connecticut, will manage the 60,000-square foot casino, and it will be something of a landmark, as it will be the first time in the Las Vegas area that a tribe will operate a casino.
Virgin is engaging in a plan to renovate each of the hotel's 1500 rooms, as well as The Joint, the popular live music venue. The property will stay open through the Super Bowl, and shortly thereafter will close in order to execute the transformation more efficiently. They are slated to re-open in November 2020, after Election Day.
And in an effort to help them re-stock the casino operation with seasoned employees, they are offering a retention bonus for anyone who sticks around until they close, and will have a job for those employees when they open again, without having to re-apply.
The Mohegans are also involved with casinos in the Poconos and Atlantic City; they are experiencing a decline in revenues in Connecticut, because of increased competition in New England.
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The National Basketball Association has always been the most gambling-conscious professional sports league, and now they have announced a rule change that is widely considered to have sports bettors in mind.
Commissioner Adam Silver says that all teams will have to submit their starting lineups for public consumption at least thirty minutes before the scheduled tip-off, as opposed to the previous deadline of ten minutes. As more legalized sports betting is introduced, and there are more and more in the way of potential gambling-related partnerships, there is also more need for transparency in terms of potentially important information that is revealed close to game time.
After all, this would present the opportunity for too few people to take advantage of a late-breaking piece of info about a player's availability, before other bettors and even the sportsbooks have a chance to react to it. So it's indeed a chance to have that information out there for as many people as possible.
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And to continue with the NBA, the regular season gets underway on October 22. And at BetAnySports, the Los Angeles Clippers are a one-point favorite over the Los Angeles Lakers, while the defending champion Toronto Raptors are five and a half point favorites over the New Orleans Pelicans, in what will be Zion Williamson's pro debut. Both games will be televised on TNT...... You can also place advance bets on Christmas Day games, when the Clippers and Lakers face off again, and the Golden State Warriors play host to James Harden, Russell Westbrook and the Houston Rockets, laying a single point.
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I'm Charles Jay, and that's your Weekly Gambling News Roundup!