A member of a prominent Northern Nevada casino industry family has been appointed to the Nevada Gaming Commission. Michonne Ascuaga, a former CEO of John Ascuaga’s Nugget in Sparks, was named to the position by Gov. Brian Sandoval Monday, replacing Joe Brown, who on Thursday announced his resignation from the board for personal reasons.
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Illinois private equity firm Z Capital Partners, which already owns 39.5 percent of Affinity Gaming, has offered to buy the rest of the Las Vegas-based casino company for $9.75 per share.
Gambling technology company Playtech is set to enter the forex trading market after agreeing a deal to buy a majority stake in TradeFX for 208 million euros ($224 million).
Court filings show 279 current and former Caesars executives and directors are owed more than $78.6 million — with $11.7 to one individual alone — that could be erased in ongoing bankruptcy.
A federal bankruptcy judge in New Jersey on Thursday said she would approve an $82 million sale of Atlantic City’s Revel to Florida developer Glenn Straub.
Wall Street investment house Morgan Stanley has downgraded the future earning potential for the U.S. Internet gaming market, primarily because there has been little movement toward legalizing the activity in many states.
The sale of the Railroad Pass to a Henderson businessman closed Wednesday.
Macau’s troubled casino market saw gaming revenue fall 39 percent in March, the region’s 10th straight monthly decrease.
A debate over religious freedom and gay rights was not what Indiana’s challenged gaming industry needed. The state’s 13 casinos experienced a 10 percent decline in gaming revenue in 2014 partly because of new competition.
Canada-based Amaya Gaming, which spent $4.9 billion to acquire PokerStars last year, said Tuesday it hopes to launch an American-based PokerStars site in New Jersey by the fall.
Slovenia-based gaming equipment provider Interblock Gaming has named Rob Bone as president of the company’s North America division where he will oversee sales and strategies in the U.S. and Canada.
Las Vegas-based Scientific Games Corp. said Tuesday it signed a deal with the company that manages the lottery in Greece and will provide 5,000 slot machine-like video lottery terminals to the country’s gaming market.
Gaming revenue declined almost 1.1 percent in Nevada during February, while Strip casinos were off 4.4 percent.
The nation’s Indian gaming industry grew revenue for the fourth consecutive year in 2013, up less than 1 percent to $28.3 billion.
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.
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.
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.”
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
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.