Spanning 26 acres of beachfront property, the latest project by a subsidiary of MGM Resorts won’t have slot machines or poker tables, but will boast 1,000 rooms, a “dazzling” theater and a snorkeling area. It will also be in Dubai — a Middle Eastern city the company knows all too well.
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Casinos & Gaming
Chris Connelly’s Contrarian Investments LLC was up 31 percent on December 18 compared with a 10 percent return for the Dow Jones over the same period. Then he had his Atlanta Falcons Super Bowl moment.
The Nevada Gaming Commission has unanimously approved a slots-only nonrestricted gaming license for a casino near Nellis Air Force Base formerly known as the Barcelona.
The heavy-metallic, train-themed artwork that has adorned Palace Station’s facade for the past 34 years will be chugging out in the coming weeks as the casino undergo a multi-million dollar renovation.
Sheldon Adelson remains the richest man in Las Vegas, and among billionaires worldwide, he comes in at No. 20.
An MGM Resorts International subsidiary has been selected to operate and help build a 2-million-square-foot nongaming resort on 26 acres on Dubai’s Jumeirah Beach.
Most people seeking to gamble outside their state use proxy servers to disguise their location. Enter GeoComply, often called the gold standard for geolocation services.
An international syndicate of Russian hackers that cashed out millions from slots in U.S. casinos over the years is focusing their efforts on South America and Europe after busts in Missouri and Singapore.
Golfstream, billed as the world’s first indoor laser golf course and private lounge, plans to conduct three different types of tournaments.
Shares of Wynn Resorts Ltd. rallied 11 percent on the Nasdaq this week after two U.S banks said business at the international casino operator is better than anticipated.
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