Wall Street

Downtown Las Vegas’ Fremont St. Casino Brings a Big Name to the City

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The Street

By Tony Owusu Boyd Gaming is giving one of its most strategic partners a foothold in the city. Las Vegas casinos have had the market cornered on sportsbooks in the city and state thanks to a 2015 law that banned daily fantasy sports operators in Nevada. In October of that year, the Nevada Gaming Control Board issued a notice for FanDuel, DraftKings (DKNG) – Get DraftKings Inc. Report and any other daily fantasy sports operator to cease operations in the state. The NGCB ruled that DFS is a game of luck not skill, so it constitutes gambling under Nevada law. Companies wishing to operate in the s…

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