Dissident Wynn Resorts Ltd. board member Kazuo Okada on Wednesday identified two of his proposed independent nominees to the Wynn board – nominations that are subject to a judge restoring his rights as a shareholder.
The stock of casino resort giant Caesars Entertainment Corp. of Las Vegas continues to fall this week as more analysts suggest it may have to restructure its debt and spin off assets like the World Series of Poker.
International Game Technology announced today that its DoubleDown Casino on Facebook is partnering with the Hard Rock Las Vegas hotel-casino, marking DoubleDown's first land-based partnership in the city.
Just in time for Labor Day, Nevada’s only casino dealers' union has joined the legal battle over whether Wynn Las Vegas can require dealers to share tips with supervisors. The Transport Workers Union, which represents dealers at Wynn and Caesars Palace, joined the fray late last week.
Gaming Laboratories International, a New Jersey company licensed in Nevada to ensure that slot machines, online gaming and other casino systems meet gaming regulators' standards, is hiring. But if you want a job there, you can't gamble. That would be a conflict of interest.
Restaurant and casino investor Tilman Fertitta has closed Beso Steakhouse at CityCenter on the Las Vegas Strip and is transforming it into a new concept appealing to women.
United Coin Machine Co., which operates slot machines in Nevada bars and stores, is adding new bells and whistles to its games to try to compete with full-fledged casinos.
The operator of the LVH hotel-casino in Las Vegas today said its chief creditor and a partner intend to buy it out of foreclosure in November and then continue operations. LVH workers today received a WARN ACT notice under the Worker Adjustment and Retraining Notification Act.
A sexual harassment lawsuit against a restaurant at Mandalay Bay has been settled, but now the business faces a new legal headache in the form of a suit over employees’ wages.
Fifth Street Gaming, which has casinos in downtown Las Vegas and North Las Vegas, said Monday it's taking over gaming operations at two Siegel Group properties. The deals include the 112-room Gold Spike hotel-casino downtown and Siegel Slots and Suites at 5011 East Craig Road, near Nellis Boulevard.
On the Strip, The Cosmopolitan of Las Vegas and MGM Resorts International fared the best in the second quarter, delivering surprisingly strong financial results, according to recent earnings reports. Wynn Resorts Ltd. and Las Vegas Sands Corp. produced solid local numbers, while Caesars Entertainment’s results were disappointing.
Bankrupt Las Vegas developer Jean Marc El Jwaidi pleaded guilty Friday to wire fraud and agreed to pay restitution of nearly $1.9 million to investors he victimized, records showed Friday.
Nevada's $59.5 million horse race-betting sector will continue operating after the Nevada Gaming Commission pressed Thursday for the industry to avert a shutdown that threatened to take effect as early as Friday.
The already-struggling Las Vegas economy could face more problems if the United States slips into a recession next year, local analysts say. On Wednesday, the Congressional Budget Office warned that a "fiscal cliff" threatens to cause a recession that would push up the U.S. unemployment rate.
Wynn Resorts board member Kazuo Okada was ordered Tuesday to pay the company $148,583 in legal fees after a judge found he improperly tried to litigate a dispute in federal court.
A federal judge in Las Vegas is no longer presiding over a former nightclub owner's tax evasion case after questions were raised about potential ties between the judge's family and the defendant.
The owner of the Riviera hotel-casino on the Las Vegas Strip reported a smaller quarterly operating loss Monday as business overall was flat in the second quarter.
Station Casinos LLC of Las Vegas on Wednesday said it plans to pay down $150 million in debt, thanks to a financing deal for one of its Indian gaming partners.
At 89, Las Vegas entertainment figure Jean Bennett should be comfortably retired and satisfied with her life’s work promoting and managing the 1950s super group the Platters. She’s not. ...
Revenue fell for Las Vegas-based Cannery Casino Resorts LLC in the second quarter as its 10-year-old operations lease ended at the Rampart Casino at the JW Marriott resort in Summerlin. Revenue was off 9.1 percent on a year-over-year basis to $122.3 million. The company, however, reported a narrower loss of about $138,000 in the quarter versus the $2.77 million lost in 2011's second quarter.
Las Vegas locals gaming leader Station Casinos LLC posted a quarterly profit Tuesday as results continued to improve with the strengthening local economy and aggressive marketing efforts.
Aliante Station hotel-casino in North Las Vegas on Tuesday reported a second-quarter profit, as revenue from the casino, hotel, restaurants and bars improved. The 202-room property cost $662 million to develop and opened in late 2008. It was spun off to investors in its debt last year as part of the Station Casinos Inc. bankruptcy. Station Casinos has continued to manage the property.
Las Vegas-based hotel-casino operator Affinity Gaming LLC on Tuesday said revenue improved during the second quarter for its Southern Nevada properties.
After a lull in Las Vegas gaming bankruptcies, restructuring activity picked up Monday when the owner of Jerry's Nugget casino in North Las Vegas filed for Chapter 11 bankruptcy reorganization and protection. Under Chapter 11, businesses continue to operate while coming up with a plan to restructure their debt.
Gaming supplier Bally Technologies Inc. reported record sales Thursday as new and existing casinos ordered its slots, including new Grease and Michael Jackson machines.
The owner of the Stratosphere in Las Vegas says business was flat in the second quarter. American Casino & Entertainment Properties LLC said it lost $2.8 million during the quarter.
Defeated Nevada 2010 U.S. Senate candidate Sue Lowden was sued again Wednesday over allegations she and her campaign failed to pay about $78,000 to a Denver polling and public affairs company.
Las Vegas copyright lawsuit company Righthaven LLC suffered another setback Wednesday when an appeals court dismissed one of its appeals. The dismissal was requested by the nonprofit Center for Intercultural Organizing (CIO) in Portland, Ore.
Las Vegas-based casino industry supplier Global Cash Access Holdings Inc. on Tuesday announced an alliance in the fast-growing social media and online gambling sector.
The Tropicana Las Vegas hotel-casino managed to boost revenue in the second quarter, even as it waited for new nightclub, beach club and restaurant offerings to open.
Business picked up for MGM Resorts International during the second quarter, with the company on Tuesday reporting higher hotel room and occupancy rates for most of its Las Vegas Strip resorts.
Caesars Entertainment Corp. said Monday its second-quarter loss widened as consumers spent less at its big resorts on the Las Vegas Strip and conditions deteriorated in Atlantic City. The company lost $241.7 million, or $1.93 per share, in the quarter vs. $155.5 million, or $1.24 per share, lost in the year-ago quarter.
A former Las Vegas gaming executive tied to an insider stock trading incident has been barred from serving as an officer or director of any public company through late 2014.
The Cosmopolitan of Las Vegas reported a smaller quarterly loss Friday as business picked up across the board. The $3.9 billion, 2,966-room Las Vegas Strip casino-resort said it lost $18.76 million in the second quarter ended June 30 vs. a loss in the year-ago quarter of $54.3 million. Net revenue of $165.7 million was up from $126.1 million. Casino revenue continued to trail food, beverage and room revenue at the resort. But the gaming tables and slot machines generated a 37.1 percent increase in revenue on a year-to-year basis, from $28.2 million to $38.7 million.
Jose Canseco Jr., the 1988 American League MVP slugger for the Oakland A’s who later admitted to steroid use, filed for Chapter 7 bankruptcy protection Tuesday in Las Vegas.
CityCenter executives are considering conducting more destructive inspections of its flawed Harmon Hotel tower on the Las Vegas Strip after a court ruling Friday.
Caesars Palace casino dealers have ratified their first collective bargaining deal, giving the Transport Workers Union its second contract on the Las Vegas Strip. The Caesars contract, representing more than 500 dealers, was approved Thursday.
Forget about the concept of "worker solidarity" when it comes to the battle over tip pooling at Wynn Las Vegas. A group of Wynn casino dealers trying to block the company from sharing their tips with supervisors faces opposition from, of all things, the powerful Culinary Workers Union.
Missouri gaming regulators have ordered the biggest investors in Caesars Entertainment Corp. to sever their ties with locals casino operator Station Casinos LLC of Las Vegas, prompting the investors to sell their stake in a Nevada hotel-casino on a rush basis.