Elaine Wynn, maintaining her fight to stay on the board of Wynn Resorts, said today that the company’s latest accusations against her are a factually baseless ploy to instigate tension between her and stockholders. In an attempt to “set the record ...
Wynn Resorts made fresh accusations against Elaine Wynn’s track record today as part of the company’s ongoing effort to defeat her campaign to stay on its ...
The north Strip site formerly home to the Stardust, then the scrapped Echelon project, is set to start coming to life again in less than two months when ...
The gaming industry’s Washington, D.C.-based lobbying group is continuing to grow while it pursues an aggressive agenda that includes pushing for more ...
Amid all the discussion in Carson City about improving education, one piece of legislation is refloating an old, but likely ill-fated, idea to help fund Nevada’s bottom-tier school system: creating a state lottery. Assembly joint resolution No. 6 would ...
Wynn Resorts today shed more light on its board’s decision to remove Elaine Wynn from its ranks, while she continued campaigning to keep her seat. In a proxy statement ...
It sounds paradoxical, but it’s true. Social casino games essentially are free versions of table games and slots that anyone can download on a mobile phone or computer. Typically, users are given free tokens to start, and win or lose tokens as they play. Developers make money when players buy additional tokens. Consider Caesars Interactive’s social poker game as an example: Players receive ...
West became president of both resorts in 2010. She began her career with MGM in 2000 as vice president of human resources for the Primm Valley resorts, and subsequently became president. She was promoted to president and chief operating officer of the Excalibur in 2005, then named to the same position at Mandalay Bay in 2009.
For private businesses operating in the Riviera, news that the resort would be shut down came as a complete — and unpleasant — surprise. One owner said he was disillusioned because it felt like his long history with the hotel was never taken into consideration. Other owners ...
The American Gaming Association is again using a major athletic event to draw attention to sports betting, this time estimating that Americans will wager upwards of $2 billion through more than 70 million brackets on this year’s March Madness college basketball tournament. The Washington, D.C.-based trade group for the casino industry announced its predictions in ...
Nevada race books will soon start offering wagers on events that never happen in real life. The Gaming Commission authorized betting on virtual events last month, and now ...
Technology, popularity, economy combine to make compelling political case for legalization in other states
Monday, March 9, 2015
Prominent voices from professional sports and politics have indicated they’re willing to discuss expanding sports gambling, which is legal only in a handful of states. Meanwhile, Nevada has broadened the types of wagers it offers, and people appear to be betting on sports more than ever before ...
The promoter of an unlicensed online poker site where players gambled in Bitcoin says he was doing nothing wrong. But the Nevada gaming authorities ...
John Caparella, who’s been president of the Venetian and Palazzo since 2011, is departing next month. He will be replaced by George Markantonis, who was most recently ...
Caesars Entertainment, the debt-saddled casino giant whose Strip properties include Caesars Palace, Paris and the Flamingo, announced its fourth-quarter and full-year earnings today ...
Seeking to save as much as $11 million in taxes paid by some Nevada companies each year, U.S. Rep. Dina Titus today reintroduced legislation that would roll back a federal handle tax on sports wagers. In a letter to the leaders of ...
Nevada gaming revenue rose notably in January, thanks to a particularly good month on the Strip, the state reported today. The Gaming Control Board said Nevada casinos won ...
Recent mergers between major slot machine companies shouldn't dramatically alter what gamblers experience on the casino floor, but they're very significant for ...
State gaming regulators approved a request from the South Point to alter regulatory language that prohibits wagers on amateur sports, which previously included ...
While gambling cities are affected by some of the same trends, their casino industries differ significantly. Las Vegas long has been the pre-eminent gambling city in terms of name recognition and historical identity. Over the past decade, however, Macau has sprinted far ahead of Las Vegas in gambling revenue ...
Las Vegas tourism officials today agreed to pay $182.5 million to buy the Riviera, paving the way for the closure and demolition of the nearly 60-year-old resort. At a special meeting ...
What changes are in store for the Cosmopolitan now that a new leadership team is in place? CEO William McBeath sat down with VEGAS INC to discuss what's coming, including ...
Someone, or some people, recently paid a $300,000 check at a Bellagio restaurant. But MGM Resorts CEO Jim Murren didn’t say who when he mentioned the eye-popping meal in a conference call with ...
Locals gaming giant Station Casinos, whose properties in the valley include Palace Station, Red Rock Resort and Green Valley Ranch, reported its fourth quarter and full-year earnings ...
MGM Resorts International, the casino company that operates such Strip properties as the Bellagio, MGM Grand and Aria, reported its fourth-quarter and full-year earnings today. As with other casino companies that operate in Macau, MGM felt the effects of ...
What began as a rumor this month is now official: the Las Vegas tourism authority is moving forward with plans to purchase the Riviera so it can be demolished to make room for more convention space. The LVCVA board of directors will meet ...
For gambling addicts, help may soon be available anytime, anywhere, at the touch of their smartphone screen. Researchers at UCLA are developing an app that would allow problem gamblers to ...
Boyd Gaming, the casino company that operates several Las Vegas properties including the California, the Orleans and Suncoast, announced its fourth quarter ...
If a Washington, D.C.-based casino trade group has anything to say about it, 2016 presidential candidates campaigning in battleground states with casinos won’t be able to avoid ...
Caesars Entertainment’s next chief executive left his last job after revelations of accounting problems at his company and calls for his resignation from some investors. Mark Frissora, the Caesars CEO-designate who ...
Gary Loveman, the Harvard economist who led Caesars Entertainment’s explosive growth since 2003, will step down as CEO this summer. His departure comes as ...
Gaming revenue in Macau, a special administrative region in China and the only place there where gambling is legal, just declined for the eighth month in a row ...
MGM Resorts International announced plans today to introduce mobile sports betting technology at 12 of its Nevada properties. The gambling technology company Gtech will add live in-play betting to ...
Nevada sports books reported an impressive amount of wagering on last weekend’s Super Bowl, but they didn’t profit as much as in recent years. Sports bettors wagered nearly ...
Nevada’s gaming revenue declined slightly in 2014 after several years of consistent increases. The Gaming Control Board said casinos won a little more than $11 billion in 2014 ...
Nevada’s top gaming regulator hasn’t made his professional career in the casino industry or in the law, but he’s plenty experienced with both of those fields anyway. A doctor by trade, Tony Alamo is the first non-attorney to serve as ...
Gaming regulators have added another name to Nevada’s famous “black book,” a list of people barred from entering any of the state’s casinos. The Nevada Gaming Commission unanimously approved ...
Gambling technology company Scientific Games said today that it’s moving its corporate headquarters from New York to Las Vegas. Nevada gaming regulators approved ...
When viewed from afar in the light of day, the second-tallest structure in the Las Vegas area looks like many of the other resorts on the Strip. But at night, the Fontainebleau reveals itself for what it really is: a monolithic, largely abandoned black hole on the otherwise brilliantly lit skyline. It’s been a ghost of a building for years now, and no one seems to know when ...
Americans will illegally wager 38 times more money on this year’s Super Bowl than they will legally in Nevada, the only state with full-fledged sports betting, according to ...
Wynn Resorts unveiled a new tower design for its planned Massachusetts casino today, and it should look familiar to anyone who’s seen the Wynn or Encore in Las Vegas. Massachusetts gaming regulators awarded the Boston-area casino license to Wynn’s $1.6 billion project last year, but they requested ...
Casino mogul Steve Wynn is taking a salary cut from the company that bears his name. Wynn Resorts disclosed in a filing with the Securities and Exchange Commission that ...
Boyd Gaming celebrated the debut of a new restaurant at its flagship downtown Las Vegas casino on Friday, one that company officials say is part of a larger strategic focus on nongambling amenities. “What we’re trying to do is update our restaurants and bars, because there’s so much more nongaming that is important in ...
The main operating division of debt-ridden casino company Caesars Entertainment filed for bankruptcy early Thursday morning in Chicago, taking a long-planned step toward ...
In its first week back, there was one thing virtually all of Congress could agree on: Las Vegas casinos and other large commercial businesses should be protected financially from a major terrorist attack. A bill to restart a federal program helping to do just that passed the new Republican Congress last week and was signed into law by President Barack Obama on Tuesday. The legislation renews a 2002 federal program that ...