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Casinos & Gaming

Elaine Wynn defends fight to retain board seat

Elaine Wynn was asked Wednesday why she undertook a costly and nasty proxy fight to regain her seat on the Wynn Resorts Ltd. board of directors. Instead of answering directly, she refocused the question. “Maybe that’s something you should ask the company,” Wynn, 72, said.

Bill would allow pooled sports wagers in Nevada

Private entity groups would be allowed to place pooled wagers at Nevada sports books under a bill making a comeback in the Nevada Senate. Recently introduced Senate Bill 443 would allow a business entity to register with state gambling regulators and place big bets on football, basketball, boxing and other sports.

PR industry’s top publication honors Jones Blackhurst

The public relations industry’s top publication has named Caesars Entertainment Corp. Executive Vice President Jan Jones Blackhurst as the “CSR Professional of the Year” for leading the casino company’s efforts in diversity, social and environmental responsibility, and philanthropy.

Long-term, negative side of REITs argued

Not everyone associated with the casino industry has caught REIT fever. Several analysts and insiders aren’t sold on the notion that real estate investment trusts — where casinos are spun-off into a separate publicly traded company and leased by back to an operator — as being a good move for all gaming companies.