Caesars Entertainment executives talked growth and efficiency today in their first investors conference since the company emerged from bankruptcy but also fielded questions from analysts about business on the Strip after the Route 91 Harvest festival mass shooting. “It’s fair to say we are cautiously optimistic about the rebound and think the occupancy rates across the Strip took a little hit the ...
The second round of skill-based gaming machines has hit the Las Vegas Strip, allowing players to stake their cash on their abilities to use a cartoon catapult or survive a zombie-infested cornfield. ...
In one of the company’s first post-bankruptcy investors events, executives from Caesars Entertainment will ring the opening bell at the Nasdaq’s MarketSite in New York on Tuesday. ...
MGM Resorts International said today it has no plans to rent the 32nd-floor Mandalay Bay suite from where a gunman shot and killed 58 people and wounded more than ...
The company that owns PT’s Pubs will likely get the final approval it needs to purchase the company that owns the Stratosphere and three other Nevada casinos today at ...
Resorts World, the long-delayed casino project on the Strip, may be moving forward. The company today announced it hired a construction manager; last week, the Clark County Building Department approved multiple permits and ...
The U.S. Supreme Court will hear oral arguments in a case that could legalize sports betting across the country on Dec. 4, according to a calendar published by the court.
MGM Resorts CEO Jim Murren and other local and international tourism executives spoke Tuesday about the mass shooting on the Las Vegas Strip, to thank those who responded to the tragedy and also to reassure people that the shooting hasn’t damaged Las Vegas’ image among travel industry professionals. Murren spoke at a press conference at the Sands Expo, just down the hall from the meeting rooms where people were gathering for ...
Just four days after the worst mass shooting in modern U.S. history, a seminar on how to handle an active shooter situation at Global Gaming Expo (G2E) drew few participants ...
An appearance by Magic Johnson, the effects of legalized recreational pot, the use of “Game of Thrones” as a business strategy and more interactive slot machines are expected to be among the highlights of Global Gaming Expo (G2E) Monday through Thursday at the Sands Expo. First held in 2001 and presented by the American Gaming Association (AGA), G2E has become ...
John Fogerty, whose music helped define the late 1960s and early 1970s and the resistance to the Vietnam War, said he always understood people who hated the war, but he couldn’t comprehend why they hated the soldiers who fought in it. “I used to talk to some of my acquaintances back in the ...
The first ad in MGM Resorts International’s massive new “Welcome to the Show” campaign featured cinema-like video of the company’s properties and attractions interspersed with written text such as “Mankind was not born to be bored” and “We invented MGM to entertain the human race.” What it didn’t ...
One of only two remaining online poker providers in Nevada, WSOP.com is celebrating its fourth anniversary today. The company began operating on Sept. 19, 2013, several months after the Nevada Legislature passed Assembly Bill 114 and Gov. Sandoval signed it into law ...
You don’t have to be a boxing fan in Las Vegas to know when one major bout is done and another is on its way. If you’re near the Strip, just look up at the colossal murals affixed to the MGM Grand’s towers. Contractors working for Screaming Images recently took down the mural announcing the Mayweather/McGregor fight ...
Nevada’s Gaming Control Board will soon begin allowing sports books to offer bets on a year’s worth of esports events, the board’s chief of enforcement Karl Bennison said Thursday at a gambling and esports conference at the Westgate. ...
Not all of the news surrounding the gaming industry in Las Vegas involves big deals like the sale of the Fontainebleau. In addition to the multimillion-dollar transactions, there have been many recent announcements from ...
March Madness, Super Bowl still outsell first week of regular season
Wednesday, Sept. 6, 2017
Football fans aren’t the only ones looking forward to the start of the NFL regular season on Thursday. The sports books in Las Vegas have also been preparing for the end of the six-month pigskin drought. While ads for NFL betting contests and promotions are everywhere, sports book executives differ on just how important this week is in terms of business. For some, like the books at Caesars Entertainment properties or the Westgate, the first week is a fairly big deal. “The first week, it’s all hands on deck,” said Bill Sattler, the director of ...
Irwin Kishner began making his mark on the Las Vegas Strip soon after moving here in 1960. Along with family members already living in the area, he invested in property near ...
The expansion is not the only project the Stevens' are working on. They are also in midst of demolishing structures they purchased across the street from the Golden Gate in order to clear the way for ...
The drop was seen on the Strip, which compared to July of last year saw a gaming revenue decrease of 7.73 percent
Wednesday, Aug. 30, 2017
In the rest of Clark County locations, however, revenue rose in July. Downtown Las Vegas saw an increase of 7.84 percent, North Las Vegas’ numbers rose ...
Las Vegas is near the bottom of another list; this time, it’s the number of super-rich neighborhoods created in the last three years. According the real estate website Zillow.com ...
The Witkoff company said today in a statement that it had “identified numerous ways to unlock the significant underlying value of the property,” only referring to the property by its address and ...
In one of Las Vegas’ most luxurious hiring events, veterans and spouses of veterans filed into a penthouse suite in the Cosmopolitan Wednesday hoping to land one of the 150 jobs currently open at the hip resort ...
Mist floats in the icy cold air as Amy Murray-Rolon, manager of Sidekick Productions, gives a tour of Caesars Entertainment Studios, the permanent movie and television soundstage Caesars built on a large vacant lot along Koval Road behind Bally’s Las Vegas. ...
Nevada’s legalization of recreational marijuana has made life easier for users but more difficult for gaming companies, something the Nevada Gaming Commission hopes to address in a ...
The casino’s administrative offices are in a former drugstore. The gaming floor is in what used to be a post office. The food preparation and storage areas used to be a Moose Lodge. It seems only fitting that the latest upgrades for Emerald Island in downtown Henderson include expanding by 10,000 square feet into ...
The Cosmopolitan has announced a major makeover of most of its hotel rooms, the latest in a series of upgrades at the resort that have included the addition of ...
Caesars Entertainment has started taking payments at multiple locations in Las Vegas from WeChat, a smartphone messaging app that’s hugely popular in China. Starting on Tuesday, the company began ...
Recent headlines reflect the harrowing state of the retail industry in the online shopping age. Headlines about retail on the Las Vegas Strip, however, are all about big deals and growth. Specifically, Wynn Resorts is building 75,000 square feet of high-end shopping across the street from the Fashion Show. While one development is hardly a boom, the added space, along with the aforementioned deals, reveals a confidence about retail on the Strip not found elsewhere. ...
Chairman and CEO Frank J. Fertitta III said building and operating hybrid resorts (appealing to both tourists and locals) “is what we do.” “We're going to take everything ...
In a conference call with gaming analysts today, Golden Entertainment CEO Blake Sartini spoke about where the company saw its strongest results in the ...
One of the gaming industry’s largest trade groups announced an updated approach to problem gambling during a roundtable discussion on the issue at UNLV’s international Gaming Institute on Thursday.
Room renovations have been a priority for Caesars because it’s a low-risk, high-reward investment that has driven revenue for the company. In a presentation accompanying the call, the company stated it plans to renovate just over 6,000 rooms by the end of next year ...
Caesars Entertainment announced Wednesday it has completed a renovation of its meeting center at the Flamingo Las Vegas, a first step in a refresh of the venerable ...
MGM Resorts International announced Tuesday it is adding 77,000 square feet of meeting space as part of its revamp of Monte Carlo. The news comes shortly after announcing ...
Doormen at MGM Resorts International properties have filed a grievance over an alleged partnership the company has with Uber, claiming the relationship violates the union contract, costs doormen tip revenue and creates an unsafe environment at casino entrances. The Las Vegas Sun has received documents that outline the doormen's complaints about Uber at MGM Grand. Several doormen ...
Executives of MGM International were all superlatives during a conference call and webcast Thursday to discuss the company’s second-quarter earnings. “We are quite ...
Wynn Resorts is talking with other companies to develop land behind the lagoon project planned just east of Wynn Las Vegas and Encore, CEO Steve Wynn said in a conference call with gaming analysts today. During the call, held to discuss ...
Renovations at Palace Station may continue with a new 335-foot tower and convention center, according to plans it submitted to the city of Las Vegas. While Station Casinos has not released a construction timeline or description of the new facilities, and says it’s deciding whether the expansion is feasible, documents submitted to the city indicate the structure will be ...
The combination of video gaming and gambling is undoubtedly going to become more popular. But it’s not the revolutionary idea some make it out to be, and its widespread ...