The Las Vegas Club, an aging Fremont Street casino that was partly closed more than two years ago, has been sold to a pair of other downtown casino owners. Jonathan Jossel, CEO of the company that operates ...
The company that controls the Stratosphere, the two Arizona Charlie’s locations and the Aquarius in Laughlin reported its second-quarter earnings today. The company ...
CEO Marco Sala said IGT has entered into a letter of intent to sell the southwest valley headquarters, although the company will probably set up a lease-back ...
From Nevada to the East Coast and beyond, the empire of properties controlled by casino juggernaut MGM Resorts International is in the midst of a major evolution ...
Nevada officials are continuing to craft regulations that could bring big technological changes to state slot machines, but it will be a while before any of the new games ...
Penn National Gaming’s purchase of the Tropicana cleared its first major regulatory hurdle today. The Gaming Control Board said the casino company can buy the classic Strip resort for $360 million, a plan that ...
Caesars said its revenue increased because of recent renovations to the Linq hotel, growth in the company’s interactive division, “strong hospitality performance” and ...
MGM Resorts International, the casino giant whose Strip properties include Bellagio, MGM Grand and Aria, reported its second-quarter earnings today. Macau continued to be problematic for MGM, as it has been for other casino companies that operate there. Revenue from the MGM China subsidiary dropped 33 percent from ...
The Bally merger produced about $150 million in annual cost savings through the end of the quarter, the bulk of which came from eliminating duplicate positions and trimming overhead costs, according to a company statement. Chief Financial Officer Scott Schweinfurth said ...
Golden Gaming, a major operator of Nevada taverns, casinos and grocery store slot machines, has completed its transition from a family owned business to a publicly traded company that also runs a casino in Maryland. The company announced today ...
Real Gaming co-founder Lawrence Vaughan sees online gaming becoming a much bigger deal in the future. In the meantime, his site is focused on doing the best it can in the limited market. Vaughan recently sat down with VEGAS INC to discuss Real Gaming and the state of the online gambling industry ...
More than six months after a major division of Caesars Entertainment Corp. filed for bankruptcy, it’s still unclear exactly how the company will emerge on the other side. Caesars wants a Chicago bankruptcy court to ...
Revenue from Wynn’s Macau operations was $617 million, down 35.8 percent compared with the second quarter of 2014. CEO Steve Wynn said that Macau “continues to be more of a question than ...
The shuttered Riviera inched closer to destruction today when a subgroup of the Las Vegas tourism authority voted in favor of plans to demolish it for $42 million. A Las Vegas Convention and Visitors Authority committee considered ...
Dragged down by a particularly unfavorable month on the Strip, the Nevada casino industry suffered a steep decline in statewide gaming revenue in June. The Gaming ...
Ron Lynn of the county’s Department of Building and Fire Prevention said current codes govern physical structures such as pool decks and cabanas, but plants and outdoor ...
Boyd Gaming, the casino company whose Las Vegas area properties include the Orleans, the California and Sam’s Town, reported its second-quarter earnings on Thursday. Revenue was $559.9 million, up 3.5 percent from pro forma net revenue in ...
Public documents show that the casino asked the city of Las Vegas for permission to turn 13,810 square feet of its space into a drugstore that would sell packaged liquor, which has long been a contentious issue on the tourist-focused part of Fremont Street. A drugstore would be the biggest development for the Las Vegas Club since it stopped taking reservations for its hotel rooms after ...
The new owner of the historic Railroad Pass casino is finally in complete control of the property he acquired from MGM Resorts International this spring ...
President and CEO Timothy Wilmott reiterated in a statement today that his company expects to complete its two-phase plan for the Tropicana in the next three to five years ...
Golden Gaming, the company behind the PT’s tavern chain, three Pahrump casinos and many of the slot machines inside Nevada grocery stores, will soon become a publicly traded business that also ...
CEO Sheldon Adelson admitted in a statement that the high-end gaming market in Macau was particularly challenging, but he said his company is focused on the mass market and nongaming segments ...
SLS Las Vegas is by no means a neighborhood casino: It’s located on the Strip, which many locals avoid, and a lot of its chic restaurant and nightlife options feel like they’d fit in at other upscale, tourist-focused resorts. Yet the financially struggling SLS still wants local residents to ...
Moody’s Investors Service is feeling much better about the financial future of gaming than it did around the same time last year. The credit rating agency has upgraded the outlook from ...
Change is coming to Nevada sports books. At the state level, lawmakers recently approved a bill that allows groups of people to place wagers as a single entity. Meanwhile, the industry is preparing for an even bigger transformation at the national level: the spread of ...
Slot revenue dropped sharply in 2008 and 2009, much like the rest of the state’s gambling business, and still remains far below its peak from before the economic downturn. After a few years of more stable performance, however ...
The local real estate professional who bought the historic Railroad Pass casino received gaming regulators’ initial approval to run the property today ...
Eldorado Resorts will acquire MGM’s 50 percent interest in the Silver Legacy Resort as well as the entirety of Circus Circus Reno. Eldorado plans to pay ...
Bryan Micon, pursued by Nevada gaming officials for his involvement with an unlicensed gambling website, pleaded guilty to the charge against him today. Micon appeared this morning ...
Nevada is an important state for 2016 presidential candidates, and the casino lobby is trying to make sure its industry is considered important too. If presidential candidates aren’t favorable to casinos, the millions of workers supported by the industry will know it, and that could influence their vote ...
Casino giant Caesars Entertainment has a new chief executive starting today. Mark Frissora, who formerly led the rental car company Hertz, has replaced Gary Loveman as CEO of Caesars, which operates ...
The $4 billion Resorts World Las Vegas project made a big splash in May when a ceremonial groundbreaking ushered in what, upon completion, would be the Strip’s biggest ...
Nevada gaming revenue topped $1 billion in May, with Clark County boasting a particularly good month, the state said today. The Gaming Control Board said ...
Bryan Micon, the man targeted by state officials for allegedly running an illegal online gambling website, appeared in a Las Vegas court today and agreed to plead guilty to the charge against him. Micon’s plea will allow him to ...
Nevada's effort to make casino floors feel more like arcades advanced Wednesday as gaming regulators started crafting the rules that will govern the introduction of skill into the state’s slot machines. The Gaming Control Board ...
The gaming industry’s fight against criminals who want to use casinos to disguise illegal money was front and center Thursday at the Paris resort. There, industry leaders and ...
When casino mogul Kirk Kerkorian died on Monday, he left behind an unimpeachable legacy in Las Vegas, where he built a gaming empire. He also left behind a ...
Upcoming changes to a Nevada tax on entertainment have casino representatives breathing a sigh of relief, but the organizers of two annual festivals that contribute millions of dollars to the state economy aren’t happy. Gov. Brian Sandoval signed a bill on Thursday that aims to ...
The casino company that is buying the Tropicana today announced the appointment of a new executive to oversee that property and the M Resort in Henderson. Penn National Gaming said ...
The Downtown Grand announced some executive management changes today. Seth Schorr, the property’s former CEO, has transitioned to the new position of chairman, while ...
The architect whose job it is to design a building with a "wow" factor to keep people coming back says the Chinese-themed resort in the works on the site of the old Stardust and Echelon project isn't trying to cannibalize other Strip properties ...
The FBI is coming to the shuttered Riviera resort soon, but not to go after any criminal activity. FBI spokeswoman Bridget Pappas said the bureau’s Hostage Rescue Team will ...
Geoff Freeman, president of the Washington, D.C.-based American Gaming Association, said in a conference call today that about 13,000 people from across the country had spoken out against the potential threshold change ...