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MGM Donates $500K into Mayor’s Fund for Las Vegas LIFE to Establish Farming Facility in Historic Westside

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MGM Resorts International has donated $500,000 into the Mayor’s Fund for Las Vegas LIFE and its fiscal agent, the Nevada Community Foundation, to establish a community-based urban agriculture farming facility in Historic Westside.

The Historic Westside Farming Facility will establish a new, local food source in the Historic Westside in the city of Las Vegas. This facility will serve to tackle food insecurity rates in the Historic Westside while addressing unemployment and building community wealth. The Historic Westside community has consistently struggled with reliable access to healthy food. As a food desert, Historic Westside residents experience 25.5% food insecurity – the highest in the Las Vegas Valley.

“The city of Las Vegas is committed to bringing unique solutions, whenever possible, to challenges that may face communities. This partnership will not only revitalize a currently unused public space and transform it into a farming facility providing healthy food, but it will also serve as a model for replication in other parts of the community,” Las Vegas Mayor Carolyn Goodman said.

“This investment by MGM in the Historic Westside demonstrates the company’s commitment to our community, and to addressing long-standing challenges unique to this neighborhood by investing in creative solutions. I applaud MGM’s involvement in making this important project a reality. The legacy this will have will shape not only the Historic Westside in a positive way, but has the potential to be a model that can be replicated citywide, and across the country,” Las Vegas Ward 5 City Councilman Cedric Crear said.

The Historic Westside Farming Facility will be located within James Gay Park in the Historic Westside. The city of Las Vegas will use the funding from MGM to acquire two ready-built, plug-and-play container growing facilities. The pre-built 40-foot shipping containers (manufactured by Freight Farms in Boston) are climate-controlled and can operate year-round, providing approximately 320 square feet of vertical growing space, and producing the output of nearly 3.5 acres of flat farming each, or 8 tons of produce. The containers are anticipated to be placed and operational by early 2022.

“The iconic Las Vegas Strip would not be what it is today without the Historic Westside Community. We are honored to join our neighbors in developing this farming facility that will have a positive and direct impact for those who are currently food insecure. At MGM Resorts we take seriously our commitment to invest in our communities, and we believe that we are all better off when we unite with one another for the common good. We are grateful for the entities who together have turned this innovative idea into a reality and look forward to the produce that will be readily available for Historic Westside families and individuals to harvest in 2022,” Bill Hornbuckle, CEO and President of MGM Resorts, said.

Industry News

Gaming and Leisure Properties Inc. Names Carlo Santarelli Senior Vice President, Corporate Strategy and Investor Relations

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Gaming and Leisure Properties Inc. announced that Carlo Santarelli has been appointed Senior Vice President, Corporate Strategy and Investor Relations, a new position at the Company. Mr. Santarelli will begin his new position on August 18, 2025 and will report to GLPI President and Chief Operating Officer, Brandon Moore.

Mr. Santarelli brings over 25 years of Wall Street experience in Equity Research and Investment Banking to his new role and joins the Company from Deutsche Bank where he was Managing Director of Gaming & Lodging Equity Research. Prior to Deutsche Bank, Mr. Santarelli held similar positions at Bear Stearns, JP Morgan and Wells Fargo. He consistently ranked highly in Institutional Investor and other sell-side analyst research polls as a thought leader in the space, providing unique perspectives on industry events and trends with his data-driven approach and stock picking talent. Carlo Santarelli graduated from the University of Pennsylvania with a B.A. in Economics in 2000.

Peter Carlino, Chairman and Chief Executive Officer of GLPI, said: “We’ve known and respected Carlo’s research work on the gaming, lodging and gaming REIT sectors for many years. Carlo brings to GLPI an in-depth knowledge of the industry and its participants, having experienced GLPI’s original formation of the gaming triple-net-REIT structure from a research analyst and capital markets perspective. We value his deep network of contacts among institutional investors, sell-side analysts and a wide range of gaming industry operators and we look forward to the value of his contributions.”

In his new role, Mr. Santarelli will work with Mr. Carlino and GLPI’s senior management to develop and evaluate growth opportunities and strategic relationships, and will oversee investor relations interactions.

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Industry News

VIP Play Announces Departure of Chief Financial Officer

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VIP Play, a technology-driven leader in interactive consumer engagement, announced that Jim Mackey, the Company’s Chief Financial Officer, will step down from his role, effective August 8, 2025.

The Company has initiated a transition process and is in the process of identifying a successor. Mackey will assist in an orderly transition over the coming weeks.

“We thank Jim for his contributions to the Company, particularly during a transformative period for our business. We remain focused on executing our strategic priorities, including financial visibility, operating efficiency, and delivering value to our stakeholders,” said Les Ottolenghi, CEO of VIP Play.

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Latest News

BETBY LAUNCHES COMPREHENSIVE REPORT ON PERU’S REGULATED GAMBLING MARKET

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BETBY LAUNCHES COMPREHENSIVE REPORT ON PERU’S REGULATED GAMBLING MARKET

 

BETBY, the premium supplier of cutting-edge sportsbook solutions, has published a detailed report titled “The Peruvian Breakthrough: A Market Ready for Takeoff”, offering a thorough analysis of the country’s newly regulated iGaming industry.

Following the implementation of Peru’s online gambling framework in 2024, this report explores the legislative transformation, market growth trends, and consumer behavior shaping one of Latin America’s most promising emerging markets.

The report covers several key aspects, including:

Evolution of Peru’s gambling legislation and its impact on market structure and operator licensing;
Market performance analysis, including land-based vs. online growth and mobile channel adoption;
Economic indicators, such as GDP contribution, per capita GGR, and projected market size through 2030;
Player profiles and betting behavior, with insights into frequency, motivations, and engagement across age and gender groups;
Digital readiness, including mobile usage, internet speeds, and device preferences;
Competitive landscape, with a breakdown of leading operators and changes in market share.

🔗 DOWNLOAD the report to discover strategic insights and unlock growth opportunities in Peru’s regulated gambling ecosystem.

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