Macau's 18th straight monthly gaming revenue decline wasn't a surprise, but the November results were worse than expected.
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Casinos & Gaming
Nevada and Strip gaming revenue fell during October, the fourth time in the last five months that the results showed declining numbers, according to figures released Monday by the Gaming Control Board.
Macau's casino industry is down more than 35 percent from a year ago, but that doesn't mean the gaming market is slowing expansion plans.
Moody's Investors Service has praised a San Diego-area Indian casino being developed by Tropicana owner Penn National Gaming, which is a key property in the regional gaming company's western push.
The largest shareholder in casino operator Affinity Gaming said Friday it reached an exclusivity agreement with the company's board to purchase all outstanding shares of the Las Vegas-based company.
Nevada's attorney general said he plans to sign a letter supporting a bill backed by billionaire casino owner Sheldon Adelson that would ban Internet gaming nationwide and end the state's online poker business.
CARSON CITY — Draft orders posted Wednesday by state regulators would allow three major gaming companies to leave as customers of Nevada Power Co. and secure their own electricity supplies on the open market, but only upon payment collectively of $126.6 million in exit fees.
Moody's Investor Service upgraded its view of Las Vegas-based Affinity Gaming Wednesday, crediting the casino operator's third-quarter results.
The 2015 Nevada Legislature adjourned on June 1, but the session never ended for state gaming regulators.
A progressive political group that called this month for a federal investigation of Las Vegas Sands Corp. Chairman Sheldon Adelson retracted several of its statements Tuesday and apologized to the billionaire casino owner.
Eldorado Resorts completed its $72.5 million acquisition of MGM Resorts International's holdings in downtown Reno on Tuesday and did so without having to sell additional stock in the company.
Caesars Entertainment Operating Co.'s plan to offer chartered flights to its casinos has flown off course and into a multimillion-dollar legal storm.
He oversees a publicly traded company, but you won't find Blake Sartini with his attention focused solely on the daily ups and downs of Golden Entertainment's stock price.
The Nevada Gaming Commission will require casino operators to take more stringent approach in monitoring their nightclub venues, hoping to avoid regulatory complaints that often led to six- and seven-figure fines for allowing illicit activity inside the venues.
Three casino industry buyouts were approved Thursday by the Nevada Gaming Commission, including Eldorado Resort's $72.5 million acquisition of MGM Resorts International's holdings in Reno.
Las Vegas leaders on Wednesday approved half a gaming license sought by tavern operator Dotty's for a location.
Wynn Resorts Ltd. said Wednesday it will move the opening of its $4.1 billion Wynn Palace development in Macau back by three months.
The Lucky Dragon Hotel & Casino might have to make its own luck. Las Vegas City Council members, sitting as the heads of the city's redevelopment agency, on Wednesday shot down some $25 million in subsidies sought by developers behind the partially built nine-story, 200-room project at Sahara Avenue and Las Vegas Boulevard.
Treasure Island will turn over the second and third floors of its recently completed 40,000 square-foot retail area along the Strip to an exhibition company that will create attractions based on Marvel Comics' The Avengers and Hasbro's Transformers, offering customers interactive, theme parklike experiences.
In a gaming pantheon bejeweled with mega-resorts, the Lucky Dragon Hotel & Casino won't set records. But it remains an important development for the city of Las Vegas.
Illinois-based investment group Z Capital, the largest shareholder in casino operator Affinity Gaming, has made its fourth offer in the past two years to acquire the Las Vegas-headquartered company in a deal valued at $700 million.
Casino operator Penn National Gaming said it received notice from the Nasdaq that it is not in compliance with listing rules, an announcement the company anticipated.
Scientific Games Corp. Chief Financial Officer Scott Schweinfurth will retire at the end to the year, the slot machine and lottery giant announced Monday.
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