The opening of the $250 million Plainridge Park Casino last month wasn’t exactly the grand unveiling Massachusetts gaming backers envisioned more than four years ago.
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Casinos & Gaming
Nevada’s casino industry recorded it first $1 billion gaming revenue month since December 2013 during May.
Ālon Las Vegas, a hotel-casino project led by Australian billionaire James Packer and former Wynn Resorts executive Andrew Pascal, to rise from the 33-acre Strip site across from Wynn Las Vegas.
Republican Rep. Joe Barton re-introduced legislation Thursday that would legalize online poker in states that choose to play. It would set up a system rooted in the Department of Commerce and carried out by individual states to license and regulate game sponsors.
Herbst family-owned JETT Gaming will take over the Searchlight Nugget next week after the Nevada Gaming Commission Thursday signed off on the purchase of the historic gaming site in tiny Searchlight.
Legislation that would reimpose a ban on legalized gambling over the Internet was introduced Wednesday in the U.S. Senate.
Massachusetts’ first casino opened Wednesday when Penn National Gaming took the wraps off the $250 million Plainridge Park casino in Plainville.
State gaming regulators and gambling equipment company representatives discussed draft rules governing development and use of slot machines that include a skill-based element aimed at attracting younger players.
Casino baron Steve Wynn is no stranger to self-inflicted wounds. He just suffered another one in his ill-advised slander lawsuit against stock market short-seller James Chanos.
The SLS Las Vegas lost $35.3 million in the first quarter, according to a securities filing and the Strip resort’s private equity owners contributed a total of $5.3 million in April for the property’s general operations purposes.
Lakes Entertainment shareholders approved the company’s merger with Las Vegas-based tavern and slot machine route operator Golden Gaming during a vote on June 17, the company said in a securities filing.
At some point — if we’re reading the signs correctly — regional casino operator Pinnacle Entertainment will marry itself to real estate investment trust Gaming and Leisure Properties Inc. Wall Street hopes this isn’t a shotgun wedding.
A bankruptcy judge has delayed a ruling in the reorganization of Caesars Entertainment Corp.’s largest operating division until October.
James Bond hasn’t left the room when it comes to his beloved card game baccarat. But Bond should take note — the dragon and the panda are in the building – along with the Las Vegas-based brand that’s brought them to life.
The World Poker Tour was purchased by a Chinese-based social gaming company for $35 million.
The building currently housing the UNLV Harrah College of Hotel Administration is outdated. But because of Gov. Brian Sandoval’s signature, Hospitality Hall will soon rise at the center of the UNLV campus.
Boyd Gaming Corp. has pledged a $2.5 million donation to support construction of a new building for William F. Harrah College of Hotel Administration at the University of Nevada, Las Vegas.
A federal prosecutor tasked with enforcing anti-money laundering laws, told a Las Vegas audience Thursday the casino industry has grown the number of times it reports suspicious activity by its customers, but more can be accomplished in fostering a “culture of compliance.”
Kirk Kerkorian always bet big on Las Vegas and, ultimately, he always won. The vision of one of the planet’s biggest investors touched nearly every resort on the Strip.
A one-of-a-kind center, where gaming regulators worldwide can meet to exchange ideas and discuss emerging issues, will be created at the University of Nevada, Las Vegas Boyd School of Law after state lawmakers designated $1 million for the program.
When the Internal Revenue Service floated the idea of lowering the threshold for tax-reportable winnings from slot machines, the reaction from thousands of gamblers was a collective “Give us a break!” At an IRS public hearing Wednesday, the comments were a bit more formal. But a handful of casino executives, industry officials and tribal representatives delivered much the same message.
Kirk Kerkorian, who died Monday at 98, was never comfortable in the spotlight. Despite his status as one of America’s most successful billionaires, Kerkorian was reserved, unpretentious and media-shy.
Gaming equipment provider Scientific Games Corp. said Wednesday it signed a deal to sell some 2,000 slot machinelike video lottery terminals to the Oregon Lottery.