The opening of the $250 million Plainridge Park Casino last month wasn’t exactly the grand unveiling Massachusetts gaming backers envisioned more than four years ago.
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Casinos & Gaming
There is a reason Nevada’s gaming industry has avoided getting involved in the estimated $15 billion a year online fantasy sports business. Most — but not all — believe the growing activity constitutes unregulated gambling.
Mitch Garber has turned Caesars Interactive into a social gaming giant. After having zero cash flow from social gaming in 2010, the balance sheet may show some $250 million in cash flow this year.
The D Las Vegas’ owner took to social media Wednesday saying the Blarney Stone had been stolen from its display on the casino’s second floor.
Caesars Entertainment Corp.’s bankrupt operating division recorded a net income of $24.9 million during May, according to a securities filing.
Nevada gaming regulators on Wednesday tentatively approved the $341 million merger of slot machine route giant Golden Gaming with casino operator Lakes Entertainment, turning the family owned business into a publicly traded company.
Full House Resorts CEO Dan Lee was given a tentative Nevada gaming license, seven months after he led a takeover of the Las Vegas-based casino company.
While Nevada continues to pretend times haven’t changed, Macau appears determined to ban smoking in casinos. Is it a step forward, or an attempt to step on some controversial casino operators from Las Vegas?
MGM Resorts International sold its Reno casino holdings Tuesday to Eldorado Resorts for $72.5 million, giving the Northern Nevada company ownership of Circus Circus Reno and a remaining 50 percent stake in the Silver Legacy.
A manuever in Greece hits the bottom lines of Nevada’s two largest slot machine manufacturers, costing Scientific Games Corp., and International Game Technology millions of dollars in revenue and cash flow.
Real estate investment trust Gaming and Leisure Properties on Tuesday sweetened its 3-month-old proposal to acquire Pinnacle Entertainment’s land holdings Tuesday, offering a higher share price and better stock incentives.
As SLS Las Vegas nears its one-year anniversary in August, it’s become clear the north Strip hotel is having trouble finding its niche in the resurgent Strip market.
Las Vegas City Council members on Wednesday put off approval of a gaming license sought by popular tavern chain operators at Dotty’s, delaying action on a controversial license at least one council member had hoped to deny.
Mark Frissora took over as CEO of Caesars Wednesday, replacing Gary Loveman, who remains as the company’s chairman.
Macau’s nearly three dozen casinos collected $2.172 billion in gaming revenue in June, a 36 percent decline compared to a year ago.
A Georgia law firm says the Cosmopolitan of Las Vegas owes it $3.4 million — money a partner improperly transferred from the firm’s accounts in 2012 for gambling there. The firm, Morris Schneider Wittstadt, recently made the allegation in a federal lawsuit filed in Las Vegas.
At some point, the estate of Kirk Kerkorian will no longer have ownership in MGM Resorts International. But disposing of more than 91.2 million shares in the casino giant won’t happen overnight.
Boyd Gaming Corp. said Tuesday it will add a hotel tower and other amenities the Delta Downs.
The efforts of elected officials to stop the spread of the Dotty’s slot parlor chain have failed because the state body that could settle the legality of the business model has no interest in doing so.
Illinois-based investment group Z Capital, which has twice failed to acquire casino operator Affinity Gaming, has made another cash offer to purchase the Las Vegas-based company.
The developer of the $3.5 billion Baha Mar resort in the Bahamas filed for bankruptcy in the United States on Monday and blamed its Chinese general contractor for missing its completion deadline, costing critical revenue.
In a securities filing, bankrupt Caesars Entertainment Operating Co., said its total revenue during April was $327.8 million, including $239.1 million in casino revenue.
Tables resembling giant smart phones have grown so popular inside The Mirage, Bellagio and MGM Grand that content providers are clamoring to put their free-to-play gambling products on the devices.
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