Trends, News & Interesting Reads

Browse here the best, most interesting articles about hot gaming news, global trends and up-to-date, interesting reads that will give you food for thought. Make Grande Vegas your source of latest stories and headlines in global online gaming and beyond.

Wynn Saga Continues

Few companies have gone through as many tumults in as short a time as has the Wynn Resorts. A massive court battle between Steve Wynn and his ex-wife was followed by allegations of sexual misconduct  against Wynn who resigned  as company CEO.

That quickly led to Wynn, a Vegas legend who set the company on a successful course that's been emulated by other Vegas casinos, to sell off his shares in the company. Wynn is now basically a non-entity in the company that he founded and built but the Wynn name is still a player.

Superstar Racehorse Winx

Winx has captured the hearts of horse racing fans around the world who are leaving their online games and gaming devices to watch the thundering mare pull off win after win. Winx is breaking records left and right as she puts Australian horse racing on the map.

Few mares have been able to stand up to the males the way that Winx is doing. The champion Australian thoroughbred racehorse has won 25 consecutive stakes races in the last 3 years including 18 Group 1's at distances that range from 1300 meters to 2200 meters.

Gaming Conventions

Gamers who play online games (either the casino type of game found here at the Grande Vegas Casino or other online games) and those who play face to face competitions, generally try to keep up with upcoming game trade shows and conventions. These are the events where developers talk about the games, demonstrate new features and role-play characters and allow people to experiment with playing upcoming games.

Some people wait for the conventions and shows that take place in their locale but others actually travel long distances to participate in some of these events.

If you're thinking about attending a show or convention, we've reviewed some of the top 2018 Trade Shows and Conventions for gamers:

US Supreme Court to Decide on Sports Betting

Sports betting is a multi billion dollar industry that is presently dominated by Vegas casino interests, illegal bookies and offshore markets. That may change this May when the Supreme Court rules on the legality of disallowing sports betting online. 

The expectation is that the Supreme Court will, indeed, give the go-ahead for online sports betting to move forward. If so, observers are worried that monetizing and implementing this industry will fail thanks to the NBA and MLB's push for a piece of the action.

Are the gambling revenues really getting to the schools?

Many communities offer Vegas games and other lottery activities to their citizens via local gambling venues, gaming events and other casino-type activities. In many cases a portion of the revenues from the profits achieved through such pursuits are designated to go to charities, non-profits and other local public institutions. 

This point is often cited by gambling proponents when they promote the building of new casinos and the opening of new gambling sites. They aim to demonstrate to legislators that, by expanding gambling options for local citizens, the community will benefit.

Wynn Investigation

Wynn Resorts, a giant in the Vegas casino scene, has been struggling to recoup after the company was rocked by charges of sexual misconduct against CEO Steven Wynn. In the last few months Wynn resigned as company CEO, sold his shares and stepped completely away from the running of the business – a business that he founded and built.

The company's holdings in Macau, which are considerable, are in jeopardy due to the Macau Gaming Commission's investigation of the charges. Now the company is facing a further challenge in the form of Massachusetts casino regulators who are stepping up their own investigation.

GearsPro Circuit Las Vegas Open

One of the newest and most popular of the Vegas games isn't taking place on the gaming floor. It's an esports competition that's running for an entire weekend at the Caesars Entertainment Studios in Las Vegas. Teams from around the world will battle it out in the Gears of War 4 competition at an event dubbed the GearsPro Circuit Las Vegas Open.

GearsPro Circuit Las Vegas Open brings the popular Gears of War game to Las Vegas for a competition that combines team collaboration with old-fashioned gaming rivalry. Players will be battling for a share of the $150,000 prize in front of thousands of fans. The event has quickly become a popular venue for gamers and spectators alike.

Sheldon Adelson

Things were a little shaky in 2016 when Macau implemented new cash withdrawal regulations which, observers believed, would negatively impact on the casino industry. Sheldon Adelson, the Vegas casino king, had faith that the downturn was only a blip on an otherwise upward Macau gambling trajectory. His instincts turned out to be spot on and he celebrated with a $1.7 billion bonus that brings his net worth up to $34.9 billion.

It was only a few years ago that Adelson's Las Vegas Sands invested more than $10 billion to build a string of casinos in Macau. Today shares of Adelson’s casino empire, Las Vegas Sands, are shooting up following a report that showed a 23.7% increase in Macau gaming revenue.

Cybercurrencies in Vegas

There are many venues in Las Vegas where cybercurrencies are an accepted form of payment but in many of the casinos, bitcoins and other forms of cybercurrency payments are not yet accepted.

Observers note that cryptocurrency promises benefits for the regulated Nevada industries including land-based casinos and for online games, as well. It also might become more widely used in the other major Nevada industry – marijuana. Yet in the casinos, bitcoins can be wagered at the slot machines or at the tables only after the gamer converts it into cash at a special ATM that is located on the casino floor.

Virginia tribe to open casino

Two hundred members of the Pamunkey Tribe have voted to search for a site where they can build a Vegas Casino type of resort. The tribe, which is known as a group of Native Americans who keep to tribal customs and traditions, has decided to add casino gambling to the list of activities that take place on their ancestral lands along with fishing, trapping, hunting, and farming.

The tribe is prepared to spend approximately $700 million on the resort-casino. Plans include a gaming floor, hotel rooms, a spa and entertainments space. Tribe members are checking out locations in or near the 1,200-acre King William County Pamunkey reservation. The  reservation is located approximately 30 miles east of the city of Richmond.

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