Prospects for legalizing casino gambling in Japan suffered another blow on Monday as proponents said they would delay a bill allowing full-scale resorts as the ruling coalition remains divided on the controversial measure.
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Wynn Resorts Ltd. reiterated its position Monday that it will have at least one woman on the company’s board by the end of the year, preferably not ousted board member Elaine Wynn.
Las Vegas-based slot machine manufacturer AGS agreed Monday to buy a rival gaming equipment company from Canada-based Amaya Gaming Group for $382 million
Sen. Harry Reid acknowledges using his clout to speed visa applications for wealthy foreign investors in the SLS Las Vegas resort, and says whistleblowers who had a problem with that are “a bunch of whiners.”
The nation’s Indian gaming industry grew revenue for the fourth consecutive year in 2013, up less than 1 percent to $28.3 billion.
On his first quarterly earnings conference call as CEO of Full House Resorts, Dan Lee compared himself to the boy who came downstairs one Christmas morning hoping to find a pony.
Prospective NHL team owner Bill Foley is now selling season ticket deposits to corporations and casinos for the first time after accepting payments for season ticket deals from individuals.
Caesars Entertainment Corp. is close to winning support from a group of its highest-ranking lenders for a restructuring of its biggest unit, a deal that would help ease the company’s path in bankruptcy, according to three people with knowledge of the discussions.
In its final quarter under the ownership of Deutsche Bank, the Cosmopolitan of Las Vegas grew net revenue 13.2 percent, which included a nearly 31 percent increase in casino revenue.
Casino operator Affinity Gaming ended 2014 on a positive note, growing both revenue and cash flow for the three-month period that ended Dec. 31.
The operator of the Stratosphere and the two Arizona Charlie’s properties reversed a net loss and grew revenue in the fourth quarter.
The Culinary and Bartenders unions said Thursday a tentative contract agreement covering 4,000 workers at the MGM Grand Las Vegas had been reached with the Strip resort.
Caesars Entertainment Corp. General Counsel Tim Donovan said Thursday the company asked its bankruptcy lawyers about finding a way to make pension payments to 63 former employees whose checks were halted in the reorganization of its largest operating division, but the idea was rejected.
A former Station Casinos employee was sentenced to 366 days in federal prison Thursday for tax evasion related to a scheme to accept under-the-table payments related to his job.
Members of Congress on Wednesday wrestled with a bill that seeks to ban legalized gambling on the Internet and roll it back in the few states — including Nevada — where it has been approved in some form.
Nevada and Delaware formally launched their online poker network Wednesday, connecting players between the two states.
Elaine Wynn was asked Wednesday why she undertook a costly and nasty proxy fight to regain her seat on the Wynn Resorts Ltd. board of directors. Instead of answering directly, she refocused the question. “Maybe that’s something you should ask the company,” Wynn, 72, said.
A lawyer who made his name as a Watergate prosecutor was approved on Wednesday to begin investigating a series of corporate deals in the lead-up to the bankruptcy of the casino operating unit of Caesars Entertainment Corp
A Southern California man has filed a class-action federal lawsuit against The Venetian and Palazzo alleging the Strip resorts charge hidden resort fees.
Private entity groups would be allowed to place pooled wagers at Nevada sports books under a bill making a comeback in the Nevada Senate. Recently introduced Senate Bill 443 would allow a business entity to register with state gambling regulators and place big bets on football, basketball, boxing and other sports.
After being sued by MGM, a marijuana company has agreed to stop calling itself “M’Life,” a name almost identical to that of MGM’s member rewards program.
Kenneth Houng became one the Strip’s first Asian casino hosts when he joined Caesars Palace in 1982. “Caesars was the place to work. Everybody who worked for Caesars was very proud,” said Houng, 78, who retired in 2012. Today, after his pension checks have stopped, he has a much different feeling about Caesars.
A policy address by Macau’s top government official this week wasn’t the uplifting and positive message the casino industry and the investment community were hoping to hear.
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