The most recent publicity stunt in the ongoing skirmish between Culinary Local 226 and Station Casinos had a holiday street party feel combined with an arts and crafts project. But when it was over, the union came off looking like an inept comedy team.
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Casinos & Gaming
California’s latest effort to legalize online poker would sideline PokerStars, shut out the racetrack industry, and offer a twist that makes traditional casinos and card rooms part of the game.
When looking at the cumulative financial benefits of the nation’s gaming industry, the Silver State is No. 1 in economic impact, No. 1 in jobs supported and No. 1 tax revenue to state and local governments. Yeah, big surprise.
Cosmopolitan of Las Vegas CEO John Unwin, who has headed the Strip resort leading up to the property’s 2010 opening, announced Tuesday he will leave his post at the end of the year.
Nevada’s new attorney general has reached into the private sector for a chief deputy to head up the gaming division.
An all-out bid by billionaire casino owner Sheldon Adelson to kill gambling over the Internet is coming up empty in the final days of Congress, sources said on Monday.
The demise of Ultimate Gaming just five months short of the company’s second birthday was attributable to several factors that make online poker in Nevada a challenging business model.
Lawrence Vaughan is a Las Vegas native who attended Faith Lutheran High School. Growing up with computers, he took it one step further and became a self-taught computer programmer.
The irony was not lost on Gavin Isaacs. On Nov. 21, 2013, Gavin Isaacs watched as SHFL entertainment, where he was CEO for 32 months, was sold to slot machine giant Bally Technologies — his former employer — for $1.3 billion. The next day, Isaacs was out of work.
WASHINGTON — Under pressure from the federal government, the trade group for the U.S. casino industry has released the first set of best practices aimed at helping the industry police itself for money laundering.
Global Cash Access on Thursday moved a step closer to completing its $1.2 billion buyout of slot machine maker Multimedia Games.
Clark County commissioners on Wednesday approved regulations affecting slot machine operations in taverns. The changes, aimed at Dotty’s tavern chain, passed on a 6-1 vote.
Blackstone Group, a multinational private equity investment fund, was given preliminary approval Wednesday to acquire the Cosmopolitan of Las Vegas for $1.73 billion.
SBE Entertainment CEO Sam Nazarian, company whose owns 10 percent of SLS Las Vegas, was recommended for a one-year limited license by Gaming Control Board Wednesday.
Caesars Entertainment, the nation’s largest casino operator with almost 40 properties in 14 U.S. states and the Canadian province of Ontario, is under attack as it struggles to restructure its gaming industry-high debt load of $22.8 billion.
Following more than three hours of public testimony Tuesday, Clark County commissioners put off for 24 hours a vote on a Clark County regulation governing the operation of slot machines so various amendments introduced just before the hearing could be incorporated into a final version.
ATLANTIC CITY — Trump Entertainment Resorts says it is closing its newest hotel tower and is no longer issuing credit as it prepares for a Dec. 12 shutdown of the Taj Mahal, its lone remaining casino.
Veteran gaming executive Dan Lee was named CEO of regional casino operator Full House Resorts Monday, ending a two-month proxy fight for control of the Las Vegas-based company.
Macau is poised for its first-ever yearly gaming revenue decline following the market’s 19.6 percent nose dive in November.
A Las Vegas Valley man probably did not expect to walk out of the Rampart Casino over $14 million richer, but he did after he hit the Megabucks jackpot, according to the resort.
Pennsylvania gaming regulators this month drove another nail into the coffin containing Atlantic City’s gaming market. At the same time, they unwittingly damaged their own state’s casino industry.
There is life in the regional casino markets. Several states posted their best gaming revenue months in more than a year during October, fueling a boost in the stock prices of regional gaming operators.
ATLANTIC CITY — Some of the hottest action in Atlantic City involves closed casinos in bankruptcy court, where Donald Trump is trying to recoup rent he paid on a driveway and the city is fighting to collect more than $50 million in unpaid taxes.