MGM Resorts sells Circus Circus for $825 million and the Bellagio for $4.25 billion as it makes its move into the legal sports betting market and also to expand into Japan.
The global casino giant announced on Tuesday they are selling the Circus Circus hotel-casino for $825 million to Phil Ruffin, owner of Treasure Island in Las Vegas.
Detroit resident and Las Vegas casino owner Derek Stevens is potentially going to earn $1 million should his alma mater Michigan Wolverines win the national title. Derek Stevens plopped down $12,500 on Michigan before the NCAA Tournament commenced, which looks like he's set to win the whole thing - and even by Sin City standards, he's now four wins away from a massive payday.
March Madness is finally here, and as usual, Downtown Las Vegas Events Center owner and sports bettor Derek Stevens is at it again. Two years ago, casino owner Stevens came two wins shy of taking home $1 million after he put a $10,000 bet on Michigan State to win the NCAA Championship when the Spartans were 50-to-1 long shots.
The Olympics is the pinnacle of international sports competition. In this year's summer Olympics in Rio, sports books in Las Vegas are once again allowed to take action on many of the sporting events. According to a New York Report, Las Vegas will now be accepting bets on the Rio Olympic Games.
Detroit resident and Las Vegas casino owner Derek Stevens is potentially going to earn $1 million should his alma mater Michigan Wolverines win the national title. Derek Stevens plopped down $12,500 on Michigan before the NCAA Tournament commenced, which looks like he's set to win the whole thing - and even by Sin City standards, he's now four wins away from a massive payday.
The Olympics is the pinnacle of international sports competition. In this year's summer Olympics in Rio, sports books in Las Vegas are once again allowed to take action on many of the sporting events. According to a New York Report, Las Vegas will now be accepting bets on the Rio Olympic Games.
