{"id":17214,"date":"2015-11-13T10:59:21","date_gmt":"2015-11-13T18:59:21","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=17214"},"modified":"2015-11-13T10:59:21","modified_gmt":"2015-11-13T18:59:21","slug":"genting-feels-the-heat-draftkings-fights-back","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/genting-feels-the-heat-draftkings-fights-back\/","title":{"rendered":"Genting feels the heat; DraftKings fights back"},"content":{"rendered":"

All of sudden this week, Genting Group<\/strong> feels compelled to explain itself and declare that, yes, there really has been $50 million worth \"Resorts<\/a>of\u00a0construction activity at Resorts World Las Vegas<\/strong>, starting with the parking garage. (Perhaps the visible site preparation at Alon<\/strong> spurred Genting to address the media.) Seems the Genting has been at it inconspicuously for months, favoring the late-night and early morning hours<\/a> when Las Vegas<\/strong> is at its coolest. Genting told the Las Vegas Sun<\/em> that it’s\u00a0\u201ccontinuing with site prep work and perfecting design and integration while waiting for some permits to be issued.\u201d<\/p>\n

\u201cA $4 billion project will not be built overnight,” Genting spokesman Michael Levoff<\/strong> said, a tad defensively (and with an unplanned degree of irony), “it requires a rigorous planning and approval process.\u201d Given that Resorts World LV is still going through the birth pangs of permitting and design refinement, it’s understandable that the site is not swarming with construction workers by the thousand.<\/p>\n

It’s also understand why Resorts World LV isn’t necessarily Job One for Genting when you read the Sun<\/em>‘s litany of Genting’s investments: “oil palm plantations, oil and gas exploration, property development and electric power generation and supply.” That’s a mighty full combo platter.<\/p>\n

* The next step in the New York State<\/strong> showdown with daily fantasy sports is a predictable one. DraftKings<\/strong> is suing to lift the injunction<\/a> on its activities in the Empire State. If this makes its way to court, the burden will be on state Attorney General Eric Schneiderman<\/strong> prove that DFS is a game of chance, not skill. As he puts it, DFS players\u00a0“are clearly placing bets on events outside of their control or influence.”<\/p>\n

In the meantime, both DraftKings and FanDuel<\/strong> have continued to take wagers from their New York punters, who may number as many as 1.1 million<\/a> (although that number is probably inflated by people \"Draft<\/a>who bet on both sites). The benefactors of DFS also extend deep in Wall Street (private-equity firms like KKR & Co<\/strong>.) and K Street<\/strong>, where Capitol Hill<\/strong> lobbyists have been mobilized on DFS’ behalf. Calling Schneiderman’s edict on DFS “hasty and uninformed,” feisty DraftKings spokespeople said,\u00a0“We will pursue this fight to the fullest to ensure that New York fantasy\u00a0sports\u00a0<\/span>fans do not need to stop playing.” That’s more than they did in Nevada<\/strong>, where FanDuel and DraftKings seem to have rolled over and played possum.<\/p>\n

* Sheldon Adelson<\/strong>‘s Sands Expo Center<\/strong> was the hot spot in town last night — and not in a good way<\/a>.<\/p>\n

* Speaking of Adelson, if he’s going to lavish his millions on Marco Rubio<\/strong>, couldn’t he start by springing for some Wi-Fi for Rubio’s Vegas office<\/a>? The thrift-minded Rubio campaign spent a couple of\u00a0weeks riding the Internet<\/strong> signal from the pizza parlor next door. Don’t worry: It was a symbiotic relationship. The Rubio staff bought lots of pizza, too.<\/p>\n","protected":false},"excerpt":{"rendered":"

All of sudden this week, Genting Group feels compelled to explain itself and declare that, yes, there really has been $50 million worth of\u00a0construction activity at Resorts World Las Vegas, starting with the parking garage. (Perhaps the visible site preparation … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[26,120,37,101,25,12,8,9],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/17214"}],"collection":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/comments?post=17214"}],"version-history":[{"count":4,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/17214\/revisions"}],"predecessor-version":[{"id":17218,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/17214\/revisions\/17218"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=17214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=17214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=17214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}