Officials for Moulin Rouge Holdings held a groundbreaking on Tuesday for the new Moulin Rouge Las Vegas.
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Casinos & Gaming
Caesars Entertainment Corp. on Thursday posted a first-quarter loss, reversing year-earlier income.
Wynn Resorts Ltd. said Thursday that it reversed a quarterly loss, reporting net income of $75.2 million in the first quarter compared with a loss of $44.6 million in the first quarter of last year.
New Jersey’s tortured effort to help Atlantic City avoid going broke devolved into chaos Thursday as a planned vote was canceled, and leaders disagreed over whether an effort to seek a compromise deal was in the offing.
MGM Resorts International’s first-quarter revenue and earnings per share fell sharply from a year ago, though both beat Wall Street expectations.
The Linq Hotel on the center Strip said Friday it plans to offer bunk beds with “hip technology and chic decor.”
A year ago Thursday, representatives of the Genting Group were celebrating on the Strip at the ceremonial groundbreaking for the $4 billion Resort World Las Vegas. Since then, there have been few visible signs of progress on what is projected to be a 3,000-room resort that would include a 56-story tower.
Shares of U.S. casino operators rose Monday as monthly Macau gambling revenue fall less than feared.
Financially strapped Atlantic City scraped together enough money to make a $1.8 million bond payment Monday morning, narrowly avoiding becoming the first New Jersey municipality to default on its debt in 78 years. Mayor Don Guardian likened the city’s desperate state to rummaging around the sofa cushions in search of stray cash.
Las Vegas isn’t going to be mistaken for coastal California or the rolling hills of Augusta National in Augusta, Georgia, where the Masters is played. But when it comes to the high-end golf experience, Southern Nevada can hold its own.
A federal jury has acquitted three men accused of trying to hide a convicted felon’s ownership stake in land Wynn Resorts wants to develop into a casino in Massachusetts.
Atlantic City’s casinos, saying they are “on the edge of the abyss,” want an immediate vote on bills in the state Legislature that would help the casinos and let the state take over the city’s finances.
BOSTON — Two major resort casinos won’t duke it out in Massachusetts’ southeastern corner after all.
NCAA basketball helped set a sports betting record in March in Nevada, but the heavy wagering did not translate to a positive statewide gaming win for the month, the Gaming Control Board reported Thursday. Nevada’s casinos won $922 million from gamblers in March, a 3 percent decrease over the same month in 2015, the monthly gaming report showed.
The Stratosphere Hotel & Casino, the brainchild of the late Bob Stupak, is about to celebrate its 20th anniversary.
Boyd Gaming, the company that left the Strip in the rear-view mirror to focus on downtown Las Vegas and the city’s locals market, on Tuesday announced its seventh straight profitable quarter, capping a week that included two announcements to buy three properties.
The real estate investment trust that owns the M Resort in Henderson on Tuesday reported flat first-quarter earnings that still exceeded Wall Street profit expectations.
The Southern Nevada Tourism Infrastructure Committee, empaneled by executive order by Gov. Brian Sandoval last year, has been gathering information for the past seven months on what amenities and improvements can best enhance the visitor experience in Las Vegas. Those issues come to a fore at a meeting Thursday.
Mike Rumbolz never expected to be a CEO at this stage of his gaming career. But casino equipment provider Everi Holdings needed to make a drastic change.
A bondholder lawsuit against Caesars Entertainment Corp., which the casino company has warned could plunge it into bankruptcy alongside its operating unit, was stayed Friday by a U.S. Bankruptcy judge.
The new year didn't start off as planned for Nevada casinos.
Slot machine giant Scientific Games Corp. said Thursday it closed out 2015 with a quarterly revenue fourth quarter revenue while the company sliced $231 million from the bottom line after completing the $5.1 billion acquisition of rival Bally Technologies.
The decade-old tip pooling program at Wynn Resorts' Las Vegas properties is still alive despite an adverse ruling this week by a federal appellate court.