Inside jobs, chip grab-and-runs and craps cheats are the largest ongoing headaches for casinos and casino regulators. And it’s the most basic scams that can be hardest to catch.
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Casinos & Gaming
Eldorado Resorts on Monday announced Monday that it expects to invest more than $50 million in facility enhancements to Eldorado Reno, Silver Legacy and Circus Circus Reno.
Ainsworth Game Technology is gearing for this week’s Global Gaming Expo at the Sands Expo and Convention Center, and it’s also opening the doors of its new 291,000-square-foot North American headquarters in Las Vegas to conventioneers.
Caesars Entertainment Corp. said on Monday it remains “optimistic” of reaching a $5 billion deal with the bulk of its creditors to push its main operating unit out of bankruptcy, but one hedge fund bondholder said it will pursue litigation.
There’s no such thing as a sure bet in the gaming industry but two manufacturers exhibiting at this year’s Global Gaming Expo believe they have the closest thing to it.
Albert “Moky” Faccinto Sr., an early executive of Caesar’s Palace who helped to open the hotel and casino, died Sept. 17 at the age of 91.
Caesars Entertainment Corp. is the closest it’s been to ending two years of rancorous court battles with bondholders over who should pay to fix the casino giant’s insolvent operating unit, which can’t afford to pay almost $20 billion in debt.
A footwear magnate and a racetrack operator who want to build two new casinos worth billions of dollars in the northern part of the state have concluded that voters will reject the plan in a November referendum, and they’re ending their expensive lobbying push for it.
Representatives of two locals casino companies are counting on new opportunities now that the Nevada Gaming Commission has unanimously approved licenses to Red Rock Resorts for the Palms and to Boyd Gaming for the Aliante Hotel.
An early Thursday morning fire forced the evacuation of three floors of the Carson Tower at the Golden Nugget in downtown Las Vegas.
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