SectorWire
SearchGet the daily briefing
Menu

Nevada Gaming Commission licenses HG Vora founder Parag Vora for three years

Licences & markets

The Nevada Gaming Commission approved a three-year gaming licence for Parag Vora, founder and manager of HG Vora Capital Management, after a unanimous vote. The Commission backed the Gaming Control Board’s recommendation following a hearing on Vora’s suitability. Commissioners cited the board’s investigation and the settlement between HG Vora and PENN Entertainment in their discussion.

The licence allows Vora to pursue gaming-sector investments in Nevada under the state’s regulatory framework.

Related company prices

Latest reported results

PENN Entertainment NASDAQ: PENN

Quarter ended 30 September 2026

Revenue
USD 1.84bn
Operating income
USD 127.3m10-Q filing 0000921738-26-000028

Earlier licence decisions by Nevada Gaming Commission and NGCB

DateCompanyAmountStoryAppeal status
J&J Ventures, Affinity GamingNot statedNevada approves Terrible’s operator for one-year Primm casino takeoverNot stated
Terrible’s, Affinity GamingNot statedNevada Gaming Commission approves Terrible’s licence for Primm casinosNot stated
Bally’s, GamesysNot statedNevada Gaming Control Board recommends Noel Hayden for licensingNot stated
HG Vora Capital Management, PENNUSD 50,000Nevada Gaming Control Board recommends three-year suitability finding for HG Vora managerNot stated
Terrible’s, Affinity GamingNot statedNevada Gaming Control Board schedules Primm licensing meeting for 25 JuneNot stated

Request a correction

Keep reading

Regulation

Florida, Massachusetts and Nevada regulators discuss illegal online gambling enforcement

Regulators from Florida, Massachusetts and Nevada described challenges in tackling illegal online gambling at a recent industry panel. Florida Gaming Control Commission law enforcement director Carl Herold said enforcement has shifted towards more technology-focused methods, while Nevada Gaming Commission vice-chairman Brian Krolicki called for international cooperation. IAGR managing director Kevin Mullally said the association plans an international awareness week later this year.

Continue reading