Gambling in the USA
Fremont Street Casino Icon Derek Stevens Unveils Details on New Sports Betting Venture, Circa Sports
Owner of the D Las Vegas, Golden Gate, and All-New Circa Discusses Going Head-to-Head with Some of the Biggest Vegas Sports Gaming Forces
Steve Carp, Managing Editor of Gaming Today, recently sat down with Fremont Street casino power player Derek Stevens in an exclusive interview to discuss his new Circa Sports sportsbook operation. The interview is wide ranging and can be read in its entirety by going to GamingToday.com.
There is nothing ordinary about Derek Stevens. He is larger than life and dominates whatever room he walks into. Yet Stevens prides himself on staying in touch with his customers and can often be seen chatting it up with them at the 110-foot Long Bar at The D, a bar he designed as a place where he would love to hang out and just watch a game.
The majority owner of Golden Gate Hotel & Casino and the D Las Vegas, Stevens has been involved in casinos since 2008, when legend tells of how he and his brother decided to buy the Golden Gate casino property while on vacation. Their plan became a reality later that year.
An example of his excellent business savvy came in 2008 when he bought the MLB minor league team Las Vegas 51s, selling it three years later for $20 million.
Derek is a native of Detroit and is extremely proud of where he comes from. His family business, Cold Heading Company, was originally started by his grandfather selling nuts and bolts to the automobile industry in Michigan. Stevens took over as CEO in 1994. Not only is he savvy, he’s highly educated, having graduated from the University of Michigan in 1990 and later obtaining his MBA from Wayne State University in 1994.
The following are key excerpts and quotes by Stevens from the article written by the award-winning Steve Carp for the iconic Las Vegas sports and gaming publication, Gaming Today:
Introduction
Not everyone gets to live their dream. Then again, not everyone is Derek Stevens.
The owner of the D Las Vegas and the money and power behind the under-construction Circa Resort and Casino always wanted to run his own sportsbook. He loves sports and betting on them. He also loves the idea of being on the other side of the counter.
Saturday at the Golden Gate on Fremont Street in Downtown Las Vegas, Stevens’ dream becomes reality. Circa Sports, the newest sportsbook operation in Nevada, will take its first bets after receiving approval from the state’s gaming commission last month.
In addition to the Golden Gate operation, Circa Sports will have its book at the D in mid-June after breaking away from its partnership with William Hill, which had run the book there for Stevens while he attempted to get licensed as a bookmaker.
And it’s all a prelude to the big one—the multi-level megabook at Circa come December 2020.
“We’re ready to go,” Stevens said. “The final details are being worked out and we’re really excited. We’re going to make everyone feel welcome. Whether you’re a big bettor or a small bettor, doesn’t matter. We want you to come in, place a bet, catch the games, have some fun.”
Catering to Sharps
The big bettors are a big part of Circa Sports’ vision. Stevens wants to return to the old days of Las Vegas where the mantra was “If you can bring it, you can bet it.”
“We’re not going to shy away from the big bettors,” Stevens said. “I’m not a guy who forgets this is gambling.”
He has had conversations with several known professional sports bettors, including Gaming Today columnist Bill Krackomberger. And they provided Stevens some valuable input as he goes forward with his Circa Sports venture.
“We’re going to take their action,” he said. “We’re going to welcome them in.”
Mobile Betting App
Stevens is also excited about the Circa Sports mobile phone app. He is cognizant that in-game wagering and the ease of placing a bet without a trip to a brick-and-mortar establishment is a fact of life in 2019 and he wants his app to be user friendly, convenient, and secure.
“It’s going to be a unique way for people to get involved,” he said. “Sure, we’d love for them to come visit us at the Golden Gate and the D, and eventually, when we open the book at Circa. But the phone app is very popular, especially for young people, and that’s an audience we’re trying to attract.”
No Vig Promotion
As an incentive to get customers to come visit Saturday, Circa Sports will not apply a vigorish to bets made at the Golden Gate property.
The zero-cent lines will apply to the NBA Finals, Major League Baseball, and the Champions League soccer final between Tottenham and Liverpool.
LINK TO FULL INTERVIEW HERE.
About Gaming Today:
Established in 1976, Gaming Today has been a staple for sports and gaming industry news in Las Vegas and across the country. It is the nation’s only newspaper dedicated to providing valuable up-to-date information on the casino industry and pari-mutuel race wagering. GamingToday.com contains news and features, plus expanded coverage in key areas—race and sports analysis, picks, tips, and handicapping.
eSports
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Gambling in the USA
Clark County residents can bring a friend for free to next week’s Super Bingo $160,000 tournament at the Plaza Hotel & Casino, May 6-8
Home to downtown Las Vegas’ only bingo room, the Plaza Hotel & Casino is offering Clark County, Nevada residents who register to play in next week’s Super Bingo tournament the opportunity to bring a friend for free.
Happening Monday, May 6 through Wednesday, May 8 in the Plaza’s expansive ballroom, Super Bingo is expected to draw nearly 1,000 people from the local Las Vegas valley and across the country and Canada for the opportunity to win big playing fun-filled games of bingo over two days, with a $50,000 super coverall both days while socializing with like-minded bingo players.
Bingo-only registration is $160 per person, and Clark County residents who register can bring a friend for free. Registration is available online at https://www.plazahotelcasino.com/bingo/super-bingo-registration/. Hotel-and-bingo packages start at $300 for a four-night stay with no resort fee.
All Super Bingo players receive one 6-on paper pack for both days, two daubers, free drinks via an open bar at all sessions, boxed lunch both days, and $10 in free slot play after the first day’s session.
The Plaza’s Bingo room offers six daily bingo sessions at 11 a.m., 1 p.m., 3 p.m., 5 p.m., 7 p.m. and 9 p.m. and is located on the 3rd floor. By parking on the third floor of the Plaza’s self-parking garage, guests have convenient and direct access to the Plaza’s bingo room and parking is validated for bingo players.
Gambling in the USA
Kambi Group plc extends Mohegan partnership with on-property sports betting agreement in Pennsylvania
Kambi Group plc (“Kambi”), the world’s trusted sports betting partner, has agreed a long-term on-property sportsbook partnership with Mohegan to provide its award-winning sportsbook at two retail locations in the state of Pennsylvania.
The partnership will see Mohegan utilise Kambi’s cutting-edge retail sportsbook offering across more than 20 kiosks in sportsbook locations at Mohegan Pennsylvania and Mohegan Pennsylvania at Lehigh Valley Race and Sportsbook.
The deal further strengthens Kambi’s relationship with Mohegan, which already utilises Kambi’s suite of sports betting products at ilani in Washington, as well as online and on-property in the Canadian province of Ontario at Fallsview Casino Resort and Casino Niagara.
Kristian Nylén, Kambi CEO and Co-founder, said: “With several successful partnerships with Mohegan already in place, we are pleased to agree this new partnership as we continue to build on our strong relationship.
“This latest deal further reinforces Kambi’s position as the sportsbook provider of choice for tribes across North America, and we look forward to our ongoing collaboration with Mohegan.”
Tony Carlucci, President & GM of Mohegan Pennsylvania, said: “Mohegan Pennsylvania is excited to continue utilising the same Kambi technology platform that existed under our Kindred partnership, which will help to create a seamless process as the Sportsbook at Mohegan Pennsylvania fully rebrands later this Spring.”
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