Slot machine manufacturer Bally Technologies saw first quarter earnings dip slightly while revenue increased 29 percent.
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Casinos & Gaming
Boyd Gaming Corp. sliced its third quarter net loss by more than half while the company’s Las Vegas locals and downtown operating segments reported overall revenue increases.
The chief financial officer for MGM Resorts International said Thursday the company has held discussions with a group looking to bring a National Hockey League team to Las Vegas, but the talks were preliminary.
MGM Resorts International lost $20.3 million in the third quarter, an improvement over the company’s net loss of $22.3 million a year ago.
FRESNO, Calif. — A casino at the center of a tribe’s internal power struggle will remain closed until rival factions that operate it can settle their differences that recently erupted into an armed confrontation, a federal judge ruled Wednesday.
One of Caesars Entertainment Corp.’s main creditors walked away from talks over restructuring a portion of the casino company’s $24.2 billion debt.
In the grand scheme of things, the proxy fight over Full House Resorts seems like small potatoes. But with regional markets on a downward trajectory, the company is ripe for the taking.
TRENTON, N.J.— A judge who temporarily stopped New Jersey from allowing legalized sports betting last weekend has set a court date for the state, major U.S. professional sports leagues and the NCAA to argue whether the ban should be extended.
Wynn Resorts Ltd. said Tuesday the company had a 1.4 percent dip in revenue in the third quarter, but results from the casino operator’s Strip properties boosted profits.
The company buying a Pittsburgh area racetrack casino owned by Cannery Casino Resorts sued the Las Vegas-based casino operator for allegedly breaching the $465 million purchase agreement.
Full House Resorts shareholders were given the go-ahead by the Securities and Exchange Commission Tuesday to solicit other stockholders of the casino operator on holding a special vote to remake the company’s board.
Nevada gaming revenue declined almost 6 percent in September, marking the state’s second straight monthly drop. On the Strip, gaming revenue declined 12.1 percent.
The owners of the SLS Las Vegas announced Monday that Scott Kreeger would take over for Rob Oseland president of the hotel-casino.
Station Casinos hosted its annual Smart Start breakfast this month at Red Rock Resort’s T-bones Chophouse and awarded $50,000 — $5,000 each — to 10 elementary schools designated by the Clark County School District as needing the greatest assistance for students.
California Proposition 48 is several tribes vs. the North Fork Rancheria Band of Mono Indians and Station Casinos. The measure could determine if North Fork can move forward with a $350 million casino complex in the town of Madera.
New smoking rules have been the least of the problems to beset Macau this year. The Chinese gaming enclave has experienced four straight months of gaming revenue declines.
A federal judge has granted a request from the four major U.S. professional sports leagues and the NCAA to at least temporarily stop New Jersey from allowing legalized sports betting.
A sudden bylaw revision by Full House Resorts will make it difficult for shareholders seeking changes in the regional casino operator to call a special meeting before the end of the year.
ATLANTIC CITY — The battle over the future of the Trump Taj Mahal entered what could be its final phase on Friday as union picket lines went up outside the struggling casino, which even its would-be savior says is likely to close.
ATLANTIC CITY — Billionaire investor Carl Icahn says the struggling Trump Taj Mahal casino “will almost certainly close.”
ATLANTIC CITY — One worker had to move up a double mastectomy before her insurance runs out in a week. Another says he can no longer afford diabetes medicine for his young son, and a third may have to do without medication for frequent asthma attacks.
State gaming regulators took the “soft launch” tag off the Real Gaming poker website Thursday, allowing the Internet presence for Michael Gaughan’s South Point to move forward after a nearly eight-month testing period.
TRENTON, N.J. — Claims that New Jersey’s plan to allow legal sports gambling violates federal law are meritless, the state wrote in a court filing in response to efforts by four major U.S. pro sports leagues and the NCAA to stop gambling from beginning this weekend.
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