Despite the summer season, a couple of casinos in Nevada are about to undergo renovations in an effort to deliver better experiences for their customers. This is the case for Mesquite Gaming, the operator of Virgin River hotel and CasaBlanca, two venues that would undergo revamping, a report released by the Las Vegas Review-Journal suggests.

The recently announced reconstructions came after back in March, the operator confirmed that its CasaBlanca hotel and casino will undergo an extensive renovation with a $6 million price tag.

The overhaul will involve the addition of more than 200 slot machines, a revamp of the venue’s center bar together with the addition of a new sports bar, catering to fans of different sports.

Upon announcing the $6 million renovation, Mesquite Gaming said that it plans to keep the property open for the duration of the works which started in May and are expected to be completed in the autumn.

Per the newly released report, the company will revamp its sportsbook at Virgin River. The existing sportsbook will be moved to the venue’s space that was once a movie theater. This will enable Mesquite Gaming to install large 10-foot by 53-foot LDC screens that sports fans can enjoy. The completion of the reconstruction of the sportsbook at the Virgin River hotel is expected at some point during the autumn.

Katherine’s Steakhouse to Undergo Reconstruction

On the other hand, the newly announced renovations will also affect CasaBlanca’s Katherine’s Steakhouse. The venue’s bar will be extended while new carpets and a new lounge will cater to the visitors.

The renovation of Katherine’s Steakhouse at CasaBlanca is expected to start at some point during the summer and be completed three months later. Mesquite Gaming intends to keep the luxury restaurant open for the duration of the renovations.

The company’s CEO, Justin Moore, commented on the topic explaining that visitors to the restaurant “might want an expedited experience.” He pointed out: “Having a nice lounge area where you go in, grab a couple cocktails, maybe get a small bite or enjoy the traditional menu, might be very attractive to people.”

Moore spoke about the importance of investments in Mesquite, St. George and Las Vegas. Finally, he said that the company has identified a number of requests on social media for different amenities, adding that this is why the renovations are a “little bit overdue.”

The post Mesquite Gaming Hints at Plans for Renovations at Two Locations appeared first on Keno Wizard.

In November, residents of West Virginia gained access to Fanatics’ online casino. This marked the debut of the brand for the online casino vertical and its existing PointsBet users were given instructions on how to access their account with the operator. The launch was achieved after last year, Fanatics agreed to acquire PointsBet’s US-facing assets.

Now, as announced by Play Pennsylvania, Fanatics continues its online casino expansion with a planned launch in Pennsylvania for next week. Users who had PointsBet accounts were informed earlier this week by Fanatics that their accounts would be transitioned to Fanatics sportsbook and casino next week.

Additionally, Fanatics explained that users will receive further instructions in due time and are not required to do anything currently. Similar to other transitions for the sector, the company explained that the user’s information, including Rewards Points, Bonus Bets and outstanding balance will be automatically transferred to Fanatics sportsbook and casino.

Still, the operator explained that the Free Spins belonging to users with PointsBet Casino accounts are not going to be transferred to the new platform. Fanatics vowed to disclose additional details about the upcoming launch soon.

“PointsBet is becoming Fanatics Sportsbook and Casino, and your account is moving with you next week,“

reads an email sent to PointsBet users

Customers of the Operator Can Earn FanCash

Just like other betting and iGaming operators, Fanatics offers a loyalty program. The operator’s system allows punters who participate in online gambling and wager on sports to earn FanCash. This form of loyalty currency can then be exchanged for bonus wagers or can be used by sports fans to purchase sportswear of their favorite team.

Fanatics tapped into the established customer base of PointsBet by acquiring its US-facing assets in a deal for $225 million dating back to last year. While the company initially proposed $150 million for those assets, betting industry rival DraftKings made a $195 million proposal. This prompted Fanatics to upgrade its initial offer to $225 million, which was ultimately the cost of the acquisition.

The post Fanatics Hints at Launch of Online Casino in Pennsylvania Next Week appeared first on Keno Wizard.

Barstool Sports, the leading sports media brand, founded by Dave Portnoy, may lay off some of its employees, its founder and current owner confirmed on Barstool Sports Radio recently. Initially founded in 2003, Barstool Sports was acquired by Penn Entertainment in a deal with a total price tag of $551 million, dating to 2020. After Penn spent years and some half a billion dollars to raise awareness of its betting brand through association with the famous sports media, the company decided to sell Barstool back to Portnoy.

Not even a full month after he retained ownership of Barstool, Portnoy confirmed the plans for layoffs. He said that he doesn’t only dislike but even hates cuts and layoffs, but pointed out that this is the only way Barstool can progress forward. According to Portnoy, the company loses more than $10 million a year, which pushed him to the difficult decision about the layoffs.

“I’ve been very clear. Anybody that’s paid attention, we are going to have layoffs and cuts, and they’ve started and it sucks. And people who know me from the beginning I hate firing people. You can be incompetent, not work and I generally don’t fire because I hate it so much. It’s the worst thing to f***ing do,“

explained Dave Portnoy on Barstool Sports Radio

Getting Back to Breaking Even

Addressing the seriousness of the situation, Portnoy said that it is a “no-brainer” considering that if there are no layoffs, everyone may lose their jobs. He stressed the difficulty of that decision and added that Barstool needs to become stable once again. Finally, Portnoy reiterated that the company is losing millions which is not a good thing.

“We’ll all not have jobs. So we have to get back to a break-even thing. We’re losing a lot and it sucks,“

added Portnoy

Barstool’s founder did not confirm how many employees will be affected by the upcoming layoffs. However, a recent report released by the New York Post suggested that the company may lay off an estimated 25% of its workforce. Currently, Barstool has approximately 430 employees. This means that approximately 100 jobs may be affected by the layoffs if that projection becomes reality.

The post Barstool Sports Founder Hints at Plans for Layoffs appeared first on Keno Wizard.

2Mee Limited is a company that specializes in the development of next-generation omnichannel communication by delivering messages from influencers on-screen and via applications. Such messages stand out with personalization and customization options, allowing for humanized messaging over the internet and helping brands engage with their audiences via an innovative method.

The company anticipates further growth and expansion, which may be achieved via a reverse takeover. Golden Rock Global (GCG), an acquisition vehicle that explores emerging opportunities within the fin-tech vertical, revealed recently that it has signed a head-of-terms agreement with 2mee shareholders. The proposed acquisition involves the entire share of capital of 2mee.

Despite the head of terms agreement, the acquisition is subject to the relevant financial due diligence and legal approvals. Still, GCG explained that it anticipates the acquisition to be in the region of £6 million ($7.6 million) and £8 million ($10.1 million). Judging by a statement released by the company, if the process gains further traction, the consideration is expected to be satisfied with new GCG shares. Still, the company confirmed that the final price tag of the takeover is yet to be determined and approved.

2mee Anticipates Significant Growth and Expansion

The process, known as a reverse takeover, is expected to propel 2mee’s growth. The company confirmed that it anticipates scaling up its operations and expanding its reach at the same time. 2mee said that this process may involve the hiring of new specialists and retaining talent, along with the development of technology that caters to leading iGaming operators.

Ross Andrews, GCG’s chairman confirmed that the company is thrilled to collaborate with 2mee. He spoke about the growing global market of influencers that continues to expand. Finally, Andrews highlighted 2mee’s innovative technology that helps capitalize on this growing market and continues to grow.

“In Golden Rock Global, we have a group of people that understand the power and capabilities of our technology and how it can change the game for businesses across many sectors when it comes to acquiring and retaining customers.“

James Riley, CEO of 2mee

James Riley, 2mee’s CEO, revealed that online gambling brands can benefit from the company’s technology that delivers options for personalization. According to him, 2mee’s technology can help iGaming companies stand out from the competition and impact “consumer behavior at the crucial moment of decision.”

The CEO of 2mee added that it identified GCG as a company that sees the potential of this new technology and the positive impact it can have on player engagement and retention. Finally, Riley said that 2mee is looking forward to its next level of growth through collaboration with GCG.

The post Golden Rock Global Hints at Reverse Takeover Plans with 2mee appeared first on Keno Wizard.

Seeking to expand gambling in New York, the state confirmed plans for three downstate casinos earlier this year. The competition is fierce, given that only three licenses are planned but two of them are likely to be secured by existing racinos. This means that it is quite likely major gambling industry players to compete for the single license remaining.

Now, a recent report released by the New York Post reveals that Related Companies revised its plans for a new massive casino mega-complex at Hudson Yards in New York. The project has a price tag of $10 billion, according to Related’s CEO, Jeff Blau. It is expected to feature a luxury hotel with 1,700 rooms within a “resort” tower. This would complement the nearby Javits Center and is expected to help attract more visitors.

More importantly, the project is expected to offer casino gambling with the globally-recognized Wynn named as the operator. The proposed skyscraper project is expected to offer up to 250,000 square feet of gaming floor that will house craps, poker, roulette, as well as blackjack games. Additional amenities the project will include would be retail outlets, as well as fine dining options.

In addition, Related pitched a plan for a 2 million-square-foot office tower that would use a part of the 6.5-acre Hudson Yards located between 11th and 12th Aves. in New York. Still, according to Blau, the “centerpiece” of the billion-dollar project would be the Wynn-branded tower, offering supreme entertainment and hospitality options.

“It will be one of the most incredible tall buildings in New York City.“

Jeff Blau, CEO of Related Companies

The Company Faces Competition

Although Related undoubtedly has an ambitious plan for a downstate casino, competition is certainly not backing out. Only recently, Toom Reeg, Caesars Entertainment’s CEO, spoke about the company’s New York bid for a Times Square casino.

In an interview for News 12, Reeg discussed for the first time publicly the company’s plans for the Caesars Palace Times Square venue. He revealed that the project would include a 52-story skyscraper and will offer a gaming area of 250,000 square feet. Additionally, Caesars Palace Times Square would offer 950 hotel rooms.

But it’s not only Caesars that aims to secure a license in New York. Las Vegas Sands, another major industry player, said last week that it secured a 99-year lease approval from Nassau County. This marked an important step in the company’s plan for a $5 billion-dollar casino project near the Nassau Coliseum located in Uniondale.

The post Related Companies Hints $10bn Downstate New York Casino Plan appeared first on Keno Wizard.