Creditors of Caesars Entertainment Corp.'s casino business are heading to court on Monday to argue that the company has been bankrupt for three days longer than it acknowledges, and $468 million hangs on the outcome.
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The Chinese government may step in to help stem the bleeding within Macau's plummeting gaming market. According to local Macau media Friday, the liaison office between Mainland China and Macau expects the Beijing government to release measures that would support Macau's economy, notably the casino industry.
Rahul Sood admitted at the outset of his Thursday morning keynote address at the Global Gaming Expo that it had been awhile since he visited Las Vegas.
To no surprise, the Macau casino industry suffered through its 16th straight monthly revenue decline during September and the market's eighth straight month of drops of more than 30 percent.
Three months into the job, the new CEO of Caesars Entertainment Corp. told an audience at the Global Gaming Expo on Wednesday that reports of the casino industry being oversaturated in several markets might be a misnomer.
Gaming revenue in Nevada and along the Strip fell for the third straight month in August although other areas of Clark County reported double-digit increases.
Former Caesars Entertainment Corp. CEO Gary Loveman has joined Aetna to oversee a new division for the Hartford, Conn.-based insurance company.
You're not allowed to smoke within 25 feet of the entrance to the Sands Expo and Convention Center, according to the sign. On Tuesday morning, smokers blurred the 25-foot rule to catch a few puffs between programs at the annual Global Gaming Expo.
The debate over daily fantasy sports was front and center Tuesday at the Global Gaming Expo. DraftKings CEO Jason Robins took part in a panel discussion on whether or not fantasy sports is a form of gambling. The interest was so large that the G2E breakout session took place in the main conference ballroom at the Sands Expo and Convention Center, rather than one of the smaller meeting rooms.
JCM Global doesn't attract the crowds to its Global Gaming Expo trade show booth in the numbers that swarm major slot machine manufacturers.
The opening address of the gaming industry's largest trade show and conference was an unusual place for a noted card counter to give a lesson on how to beat the casino.
Full House Resorts is acquiring Bronco Billy's Casino and Hotel in Cripple Creek, Co., for $30 million, the Las Vegas-based company announced Monday.
Las Vegas Sands Corp. has abandoned a six-year effort to build a casino-resort in South Florida and has now focused attention on a potential gaming development in Georgia.
Scientific Games Corp., having spent nearly $8 billion to create the casino industry's largest manufacturer, is using the Global Gaming Expo as center-stage to display the combination of several leading slot machine brands under one corporate heading.
NEW YORK — A billionaire Macau developer arrested for lying to U.S. customs officials about why he brought $4.5 million in cash into the United States was subpoenaed in 2014 as part of a separate foreign bribery investigation, a source familiar with the matter said on Friday.
The American Gaming Association added six new members, including the Mohegan Tribal Gaming Authority, to group's board of directors.
The American Gaming Association hired longtime congressional staffer Eloy Martinez as senior director of government relations for the Washington, D.C.-based trade organization.
Macau gaming authorities plan to revise laws that regulate the high-end junket operators, which have come under intense scrutiny by the mainland Chinese government as part of an overall crackdown on corruption.
The Fremont Street Experience chief who announced his resignation in early September is going to work for a downtown casino operator.
The number of states exploring the legalities surrounding the booming daily fantasy sports business is growing as fast as the business.
The Ferrari dealership inside Wynn Las Vegas will close sometime before the end of the year as the casino looks to bring in a different type of attraction.
With only brief discussion, the Nevada Gaming Commission on Thursday signed off on a $1.5 million fine agreed to by Caesars Entertainment Corp. for violating federal anti-money laundering programs at the company's Caesars Palace.
Legendary gambler Archie Karas, famous for once turning $50 into $40 million during an infamous Las Vegas hot streak in the 1990s, was placed on Nevada's List of Excluded Persons Thursday, better known as the Black Book.
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