Apparently, slot machine players were onto something. The games have gotten tighter.
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Casinos & Gaming
BILOXI, Miss. — John Ferrucci recalls standing at the Broadwater Marina on a humid, late summer morning in August 2005, trying to determine the best way to slip the moorings of the President Casino barge and float it 35 miles west to Hancock County, where it would reopen as the Silver Slipper.
NEW ORLEANS — The most noticeable change in The Big Easy casino market 10 years after Hurricane Katrina is the 14-foot-high concrete-and-steel wall that encircles Boomtown New Orleans.
Hurricane Katrina wiped out the nation's third-largest gaming market along the Mississippi Gulf Coast 10 years ago today, washing away 13 casinos and 17,000 gaming industry jobs. Some casino workers, who lost their homes and all their possessions, left the Gulf Coast forever.
July's gaming revenue totals on the Strip have left analysts wondering if the baccarat troubles in Macau have infiltrated Nevada.
A New York federal judge on Thursday denied a legal request by Caesars Entertainment Corp. bondholders that could have sent the entire casino company into bankruptcy.
A man wanted by police in connection with several casino heists was high on cocaine when police shot and killed him at the Rio last December, a Metro detective testified Monday.
Talk about timing. A Las Vegas-based gaming company found itself front and center during one of stock market's wildest days on record.
Caesars Entertainment Corp. said late Friday it reached agreement with its largest lender group over the restructuring of the company's bankrupt operating division.
Shares of Wynn Resorts Ltd. hit a 52-week low as gaming industry stock prices slid with the rest of the stock market during Friday's 530 point Down Jones tumble.
Nevada gaming regulators on Thursday approved the $360 million sale of the Tropicana Las Vegas to regional casino giant Penn National Gaming and the transaction is expected to close next week.
Harrah's New Orleans gaming revenue climbed more than 26 percent in July, reversing a nearly 30.7 drop a month earlier, which casino officials blamed on a citywide smoking ban that began in April.
The SLS Las Vegas suffered a net loss of more than $48.6 million in the second quarter and has lost more than $83.9 million in the first six months of the year, according to a recent securities filing.
Meeting space at the Mandalay Bay Convention Center grew to 2 million square feet Tuesday with the opening of the property's $70 million, 350,000-square-foot expansion.
The downtown Las Vegas Club, which was sold last week to the owners of the D Las Vegas, will close Wednesday at midnight.
Caesars Entertainment Corp. has broken off negotiations with several first-lien creditors who had not yet signed on to the company's massive restructuring effort for its largest operating division.
The downtown Las Vegas Club, which is being purchased by the owners of the D Las Vegas, will close at an undisclosed date, it was learned Saturday.
The Las Vegas Club, one of the city's oldest casino properties, has changed hands between downtown owners.
Stratosphere owner American Casinos & Entertainment Properties quadrupled its net income in the second quarter, saying the company was driven by higher revenue across all business segments.
Las Vegas-based Global Cash Access announced its new name Thursday, saying the company will be known as Everi Holdings Inc. starting Aug. 24.
Las Vegas-based Full House Resorts reduced its net loss in the second quarter, announcing its results the day after revealing plans for a $650 million gaming development in Indianapolis.
Hurricane Katrina couldn't crush the spirit of Harrah's New Orleans 10 years ago. The aftermath of the massive storm shuttered the property near the Mississippi River and entrance to the famous French Quarter for just six months while the city recovered, reopening for Mardi Gras in February 2006.
Las Vegas' robust economy has treated Station Casinos well.
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