Nevada governor signs first state EWA law
Payments Dive
JUNE 16, 2023
Backers of the law establishing a licensing process for earned wage access providers operating in the state say it’s the first of its kind in the U.S.
Missouri follows Nevada in enacting EWA law
Payments Dive
JULY 11, 2023
The new legislation creates a requirement that earned wage access providers operating in Missouri must register with the state.
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Caesars To Resume Gaming, Hospitality Operations In Vegas
PYMNTS
MAY 22, 2020
As it gears up to reopen in Las Vegas, Caesars Entertainment Corporation said it would resume its gaming and hospitality functions at Flamingo Las Vegas and Caesars Palace at “the date and time for reopening specified by the state of Nevada.” Steve Sisolak and public health authorities, according to an announcement.
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Trade groups respond to Nevada regulator and AG in lawsuit challenging Nevada law
CFPB Monitor
APRIL 13, 2020
We recently provided an update in a case we’ve been following involving a lawsuit challenging a Nevada statute, SB 311, that allows an applicant for credit with no credit history to request that a creditor treat an applicant’s credit history as identical to that of the applicant’s spouse during the marriage.
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Nevada passes law to regulate earned wage access providers
CFPB Monitor
JUNE 28, 2023
On June 13, Nevada’s governor signed into law Senate Bill 290 creating the nation’s first statutory framework for earned wage access (EWA) providers operating in the state. The law appoints the state’s Commissioner of Financial Institutions to oversee the industry.
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Nevada Marijuana Dispensary Uses Food Trucks To Sidestep Cards Regs
PYMNTS
JULY 21, 2019
Cannabis operator Curaleaf Holdings announced July 18 it will acquire GR Companies (“Grassroots”), the largest private vertically integrated multi-state operator. . Grassroots has a portfolio of 61 dispensary licenses, with 20 currently operating, and 17 cultivation and processing licenses.
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Nevada and New Mexico State Medical Debt Collections Laws to Take Effect July 1, 2021
CFPB Monitor
JUNE 17, 2021
State legislatures in New Mexico and Nevada enacted laws this session targeting medical debt collections. Nevada Medical Debt Collection Law . Nevada’s new medical debt collection law applies to all debts for goods and services provided by medical facilities. New Mexico Patients Debt Collection Practices Act .
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Las Vegas Not Near Normal As Casinos Curtail Offerings
PYMNTS
JULY 23, 2020
In a sign that the Las Vegas Strip is not near its usual level of operations, Wynn Resorts Ltd. is positioned to put staffers on leave and close select operations on non-weekend days. Wynn is not alone in scaling back its operations: Las Vegas Sands Corp.
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Report: Zomato Teams With InCred For Loans To Restaurants In India
PYMNTS
DECEMBER 28, 2020
It will help our restaurant partners with easy, risk-free credit options designed to achieve their operational and bottom-line goals,” Ranjan said, per the report. Sierra Nevada will also build out 150 traditional locations of the eatery in the country as part of a strategic collaboration meant to bolster Wendy’s footprint there.
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Google Play Policy Changes Will Extend Gambling Apps Across More Countries
PYMNTS
JANUARY 29, 2021
online casino games are only allowed in Delaware, Nevada, New Jersey and Pennsylvania. Sports betting is only allowed in Colorado, Illinois, Indiana, Iowa, Nevada, New Hampshire, New Jersey, Pennsylvania, Rhode Island, Tennessee and West Virginia. . Currently in the U.S.,
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Big Tech Compliance Tracker: Facebook Hints At EU Pullout Over Data Transfers Laws; Appeal Filed Over Apple’s $15B Tax Bill On Ireland Operations; In-App Billing Battle Rages On
PYMNTS
SEPTEMBER 28, 2020
More Nevada Tax Breaks for Google Data Centers . Google continues expanding in Nevada, with the internet search giant receiving $25 million in tax breaks from the state for another $600 million data center now under construction in Hendersonville.
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MGM Resorts Appoints Acting Chief Executive Officer
PYMNTS
MARCH 23, 2020
Amid the public health crisis in the country and the travel vertical, MGM Resorts International said in an announcement that Chief Operating Officer and President Bill Hornbuckle has been appointed to the position of acting chief executive officer and president. Hornbuckle replaces Jim Murren, the outgoing chairman and CEO.
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JD Sports Purchases California-Based Shoe Palace
PYMNTS
DECEMBER 15, 2020
Also, the Mersho Brothers, who operate Shoe Palace, have been issued equity in Genesis so that they will have 20 percent ownership of the enlarged group in the U.S. The chain currently has 167 retail locations, most of them operating under the Shoe Palace flag. California-based Shoe Palace was started in 1993 by the Mersho family.
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US Treasury Tells Banks To Treat Hemp Businesses Like Any Other
PYMNTS
JULY 5, 2020
a Nevada-based, publicly-traded company that owns processing centers and a 5,000-square-foot retail store in Arizona, praised FinCEN’s update. These guidelines help clarify how hemp should be treated and operate in the banking space,” said CEO Bruce Perlowin. “A Hemp Inc.,
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VirnetX Takes $503M Bite Out Of Apple For Patent Infringement
PYMNTS
NOVEMBER 3, 2020
Initially, Nevada-based VirnetX was asking for about $700 million in royalties. 1), the tech giant referred to the possible effects of legal proceedings and global regulations and how those could impact its operations and financial conditions. The original lawsuit , filed Aug. In its latest annual report released on Sunday (Nov.
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Chinese eSports Provider VSPN Raises $60 Million To Expand Overseas
PYMNTS
JANUARY 22, 2021
Chinese eSports provider VSPN has raised $60 million in a Series B+ funding round to help it expand its operations overseas. Banana Gaming has operations in Shanghai and Seoul, Korea. Investors in the latest financing included Prospect Avenue Capital, Guiotai Junan International, and Nan Fung Group.
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LibertyX expands Bitcoin ATM network into the desert
ATM Marketplace
JULY 18, 2019
LibertyX, a company that makes software that enables regular ATMs to dispense bitcoin, has partnered with independent ATM operator Desert ATM to add 90 machines to its network in Arizona and Nevada.
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Square Partners With POWDR To Offer Ski Resorts Contactless Transactions
PYMNTS
DECEMBER 14, 2020
Safety is our top priority, on and off the mountain, and Square knows this and aligns with POWDR’s Operation Stay Safe, the enhanced POWDR mountain experience that prioritizes the well-being of our staff, guests and community in the midst of the pandemic.”.
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Bitcoin Daily: Argentina's Crypto Exchanges See Record Growth In 2020; JD.com Sees 20,000 Digital Yuan Transactions In 24 Hours
PYMNTS
DECEMBER 14, 2020
This is bigger than the 2017 spike on operations and on demand.". The expansion includes 10 new states: Georgia, Hawaii, Nevada, New Mexico, Ohio, Oregon, Maryland, West Virginia, Delaware and Rhode Island, according to the release. has surpassed 5,000 locations.
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With Wynn’s $402M In Net Losses, Is Online Gambling The Future Of Gaming?
PYMNTS
MAY 7, 2020
The company’s Las Vegas properties closed on March 17, and authorities in Nevada have not put a date into place for when casinos can open again. Maddox said, according to the paper, “We’re going to have a very safe environment, but we will have an environment that I think a lot of people will want to come participate in.”.
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US Casinos To Go Cashless, Citing Pandemic Fears
PYMNTS
JUNE 18, 2020
This not only improves responsible gaming efforts by equipping customers with digital tools to help them monitor their gaming and set limits, but also provides operators, regulators, and law enforcement increased transparency into matters of anti-money laundering and monitoring of financial transactions,” the AGA said.
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Apple To Shutter 30 More US Stores Again Amid Pandemic
PYMNTS
JULY 2, 2020
Locations in California, Alabama, Idaho, Georgia, Oklahoma, Nevada and Louisiana are set to shutter on Thursday, while shops in Mississippi, Texas, Florida and Utah were shuttered as of Wednesday (July 1). Their reclosures reportedly are a negative barometer of the ease with which retail operations are able to resume throughout the country.
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Gamblers Descend On Reopened S. Dakota Casinos
PYMNTS
MAY 12, 2020
Liv Hospitality, a family business, owns and operates Tin Lizzie Gaming Resort and Cadillac Jack’s Gaming Resort and four hotels in Deadwood. Other casinos are watching what’s happening in Deadwood for reference on how to operate their own businesses. The official explanation, according to CEO Caleb Arceneaux , is cabin fever. “I
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Online Sports Betting Gets A Super Bowl Workout
PYMNTS
FEBRUARY 5, 2019
sports betting event of the year, and the first big test of legalized online sports gambling in the wake of last year’s Supreme Court decision that overruled previous prohibition — a ruling that allowed states besides Nevada to allow such wagering operations. But it stands as the major U.S. billion, double the amount spent in 2011.
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Amazon Just Got Beaten To The Punch On Drone Deliveries
PYMNTS
MARCH 28, 2016
Associated Press reported on Friday (March 25) that Flirtey, a startup founded in Australia but recently relocated to its new Nevada headquarters, successfully completed what appears to be the United States’ first autonomous drone delivery in a residential environment.
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Bitcoin Daily: Hedgefund Billionaire Plans $1B Crypto Venture; Baton Gets Series A Funding
PYMNTS
AUGUST 30, 2019
On the regulatory front, Cointelegraph reported that Nevada’s finance regulator, the Financial Institutions Division of the Department of Business and Industry (NFID), said bitcoin ATM operators must conform to existing rules. . Nevada currently has 110 bitcoin ATMs.
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TemperPack CEO On An eCommerce Shipping Future Free Of Styrofoam
PYMNTS
AUGUST 14, 2020
“And it doesn’t fit in with most companies’ operations very well.”. Because with a more durable, sustainable and functional product, it has something to offer a business looking to cost-effectively upgrade its shipping operations. And, he noted, TemperPack is just getting started. A Better Choice For Food And MedTech.
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256 Cannabis Cos See Share Prices Nosedive
PYMNTS
OCTOBER 13, 2019
Los Angeles-based MedMen Enterprises — a publicly traded cannabis company with operations in Arizona, Illinois, California, Nevada, New York and Florida — said it was scrapping a proposed all-stock takeover of Chicago-based PharmaCann. Both companies operate dispensaries in several U.S. million square feet.
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Grubhub, BJ’s Restaurants And Brewhouse Announce Partnership
PYMNTS
OCTOBER 16, 2017
operates a nationwide chain of casual dining restaurants offering a diverse range of menu items. We are excited to be expanding our delivery options and combining BJ’s extensive menu with the convenience of Grubhub,” said Lon Ledwith, executive vice president of operations at BJ’s Restaurants, Inc. BJ’s Restaurants, Inc.,
Cannabis Firms See Share Prices Nosedive
PYMNTS
OCTOBER 13, 2019
Los Angeles-based MedMen Enterprises — a publicly traded cannabis company with operations in Arizona, Illinois, California, Nevada, New York and Florida — said it was scrapping a proposed all-stock takeover of Chicago-based PharmaCann. Both companies operate dispensaries in several U.S. million square feet.
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Odds Are That Online Sportsbook Wins Big Post-COVID
PYMNTS
SEPTEMBER 17, 2020
16) that it’s signed an exclusive multiyear arrangement with the New York Giants NFL team, making DraftKings the franchise’s “official sports betting, iGaming and daily fantasy operator.” DraftKings signed a multiyear deal in 2019 to be an authorized NBA betting operator. For instance, DraftKings announced on Wednesday (Sept.
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Walmart, Udelv Pair On Self-Driving Delivery Vans
PYMNTS
JANUARY 8, 2019
8) at the 2019 Consumer Electronics Show (CES) in Las Vegas, Nevada. Level 4 is known as high automation, where the car can operate without human input but only under select conditions, defined by factors like road type or location. The company made the announcement on Tuesday (Jan.
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The Digital Evolution Of The Online Gaming Ecosystem
PYMNTS
FEBRUARY 4, 2020
Since 2018, when sports betting was only legal in the state of Nevada, 19 additional states and the District of Columbia have legalized the practice, either already allowing bets to be placed or are on the way to doing so. states, with only Arizona, Hawaii, Idaho, Montana, Nevada and Washington labeling DFS as illegal.
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Nipton, Calif., Goes To Pot, Literally
PYMNTS
AUGUST 10, 2017
Malls operated on that theory for years: Put a few anchor stores in to draw foot traffic and the smaller ancillary stores feast on the revenue rewards of being close by. Nipton is a tiny town that sits on the border with Nevada and is home to about 20 souls. In real estate and in retail, location is everything.
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Amazon Loading Whole Foods With Its Own Executives
PYMNTS
JUNE 15, 2018
What’s more, instead of reporting to Amazon’s head of worldwide consumer business Jeff Wilke, Mackey and the two Amazon executives are overseen by Steve Kessel, who is in charge of all the physical store operations.
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Cash&Carry Rebrands Itself Into Smart Foodservice
PYMNTS
MAY 4, 2018
According to Chain Store Age, the company said, “This approach will not only better emphasize the go-to market strategy, but will also offer restaurants and businesses the same competitive advantage that is available to some of the largest foodservice operators.” Earlier this week, the company announced that net sales increased 5.1
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Drones In Reno Will Now Bring You Slurpees From 7-Eleven
PYMNTS
JULY 25, 2016
The delivery took place on July 10 at a home in Reno, Nevada, which is where Flirtey is headquartered, according to TechCrunch. But if we had drone delivery service , we’d probably order a Slurpee right now, too. The order was flown by drone to the home of the family who placed the order.
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Zions Bancorporation goes live on TCS BaNCS Core Banking software
Bobsguide
FEBRUARY 22, 2022
Zions operates under local management teams and distinct brands in 11 western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington and Wyoming. Zions Bancorporation is one of the nation’s premier financial services companies with total assets exceeding $65 billion.
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How Diversified Revenue Streams Impact Ag Borrowers
Abrigo
FEBRUARY 10, 2021
“It’s important to know the long-term pros and cons, and the unintended consequences so that everyone walks away educated not only on what these opportunities bring, but also on what the impacts could be on the operation and long-term land values,” he says. Diversification through renewable energy.
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Meal Kit Startup Gobble Hires From Starbucks, Blue Apron
PYMNTS
JUNE 12, 2017
“Both Steve and Brian are instrumental to our national expansion efforts, ensuring Gobble’s cost leadership and operational efficiency are best in class.”. Gobble currently serves seven western states: California, Nevada, Washington, Oregon, Arizona, Idaho and Utah. McEvoy agreed.
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118 Supreme Court Reverses State Ban On Sports Betting
PYMNTS
MAY 14, 2018
The Professional and Amateur Sports Protection Act of 1992 made it unlawful for a state to “sponsor, operate, advertise, promote, license or authorize by law” sports wagering. The law was passed to preserve the integrity of sporting events and prevent them from becoming mere devices for gambling.
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36 State Attorneys General settle with CarMax over non-disclosure of open safety recalls
CFPB Monitor
DECEMBER 5, 2022
Joe Wilson, Chief Operating Officer, stated: CarMax led the industry in recall transparency by sharing vehicle specific recall information in-store and online to ensure our customers know about open recalls prior to purchase.
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Legal Cannabis Retail Innovates Its Way Around Payments Knot
PYMNTS
SEPTEMBER 6, 2019
No one would ever mistake a marijuana dispensary for a food truck, but that is what one shop in Reno, Nevada calls itself when charging customers’ credit cards. Women have become involved in all facets of the legal cannabis operations across the United States and Canada. and Canada. Big Retail.
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