Casino operator Nevada Gold announced late Friday it would acquire the Club Fortune Casino in Henderson.
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Casinos & Gaming
A host of dignitaries welcomed Malaysia-based Genting Group Chairman and CEO K.T. Lim to Nevada in an event kicking off the first phase of construction of the first built-from-the-ground-up megaresort on the Strip in a decade.
Over the years, the Riviera somehow maintained a sizable core of proud employees, the kind who actually make the factory function, the ones who deserve the credit for creating the Vegas experience.
In a surrealistic, you-don’t-see-that-everyday kind of way, the storied Riviera, a fixture on the north end of the Strip for 60 years, closed its doors for good Monday.
In his third day of testimony casino mogul Sheldon Adelson denied knowledge of a secret “exorcism strategy” to rid Sands China Ltd. of its president and CEO, Steven Jacobs.
Coming off one of the most lucrative weekends in company history by hosting “the Fight of the Century,” MGM Resorts International on Monday reported first-quarter earnings that exceeded analysts’ expectations on revenue that dipped 11.3 percent from a year ago.
The Hard Rock Hotel said a malware attack may have allowed hackers to steal credit card information used at its retail and service locations.
Seven days a week, Charles “Chuck” DiLaura played his upright bass behind some of the biggest music acts of the mid-to-late 1960s in the lounge of the Riviera.
Two days before the Riviera closes its doors for good, six lucky people will be chosen to share a $145,000 prize.
District Judge Elizabeth Gonzalez told casino developer Sheldon Adelson: “Sir, you don’t get to argue with me. You understand that?” It was Adelson’s second day of testimony at the hearing in Las Vegas. At issue is whether Gonzalez has jurisdiction over Sands China Ltd. in the case.
While real-estate investor Land & Buildings Investment Management works to sway MGM Resorts International shareholders to remove four members of the board of directors, the company’s largest investor said it would back company management in the brewing proxy fight.
Las Vegas-based Boyd Gaming, a leading operator in downtown Las Vegas and a player in the Southern Nevada locals market, reported continued earnings growth in the first quarter of 2015.
Shares of Wynn Resorts rebounded on Thursday, gaining $2.30, or 2.11 percent, to close at $111.07.
Elaine Wynn captured 17.1 percent of the 155.8 million voting shares cast in last week’s Wynn Resorts proxy vote, a company filing said.
The sky won’t fall on MGM Resorts International if a ban is reinstalled on legalized gambling over the Internet, Chairman and CEO James Murren said Wednesday.
Wynn Resorts Ltd. ended Wednesday worth billions less than its value at breakfast. Shares in the gaming giant fell by $21.71, or 16.6 percent, on volume of about 15.7 million shares — nearly eight times average volume. Based on the 101.52 million outstanding shares reported by Google Finance, the loss wiped out about $2.2 billion in market capitalization.
An investment manager with a less than 1 percent ownership position in MGM Resorts International stock is advocating the removal of four members of the board of directors.
Caesars Entertainment’s Horseshoe Casino in Baltimore is closing overnight to meet the city’s 10 p.m. curfew prompted by riots related to the death of Freddie Gray.
Strip gaming win slumped by 9.6 percent in March, but better results in other locations salvaged a smaller decline for Clark County and statewide, the state Gaming Control Board reported Wednesday.
Penn National Gaming on Wednesday announced an agreement to acquire the Tropicana. The Strip hotel-casino on 35 acres at Tropicana Boulevard will be purchased for $360 million from its shareholders, the largest of which is a partnership between Onex and Alex Yemenidijan.
Steven Jacobs, former president of Sands Macau, sued Sands CEO Sheldon Adelson, Sands China and Las Vegas Sands Corp. in 2010, shortly after he was fired.
Macau giveth and Macau taketh away for Wynn Resorts. Long the cash cow for the company over the years, the Chinese enclave’s contribution to the company’s bottom line continued its downward trend leading to a rare first-quarter loss, the company announced Tuesday.
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.