BOSTON — Two major resort casinos won’t duke it out in Massachusetts’ southeastern corner after all.
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Casinos & Gaming
The Cosmopolitan of Las Vegas President Bill McBeath was granted tentative approval for a Nevada gaming license Wednesday, a year after taking over operations of the Strip resort.
The former Las Vegas headquarters for slot machine giant International Game Technology was sold for $75 million less than a year after the building in the southwest Las Vegas Valley was listed.
Now that Macau's casino market has hit rock bottom, the investment community might have a more optimistic opinion about the world's largest gaming market.
The Macau gaming market fell to a five-year low in 2015, with casino revenue slowed by the sinking Chinese economy and government reform programs that crushed the high-end gambling business.
Regional casino company Penn National Gaming said its restated financial results for 2013 and 2014 won't be submitted until February, but the operator of the Tropicana and M Resort said in a statement it expects total cash flow to reach $754.4 million for 2015.
Nevada gaming revenue rebounded in November, with the state and Strip recording just their second monthly increases in the past six months.
We know Kentucky has problems filling its budget gaps, but a state judge's Christmas Eve gift was a little extreme.
State gaming regulators are monitoring the issues surrounding the purchase of the Las Vegas Review-Journal by the family of Sheldon Adelson, the majority shareholder in casino giant Las Vegas Sands Corp.
Fantasy sports company DraftKings will ask a court to decide whether it can offer daily fantasy sports games in Illinois, after the state's attorney general declared them illegal gambling.
Las Vegas-based Golden Entertainment spent $20 million Tuesday to acquire a small slot machine route operator that manages 1,000 slot machines in bars, taverns and convenience stores.
Bill McBeath never viewed The Cosmopolitan of Las Vegas as a quick fix. He was schooled by his gaming mentors, Steve Wynn and Michael Gaughan, that time is needed to understand your customers and your business.
Australian billionaire James Packer quit the board of casino giant Crown Resorts Ltd , four months after stepping down as chairman, as it grapples with falling revenue in the Asian gambling hub of Macau.
Scientific Games' "Hot Shot Casino" slots game and Playtika's "Vegas Downtown Slots" made Facebook's 2015 Web Games of the Year list.
Tracinda Corp., the investment arm of late billionaire Kirk Kerkorian, is moving its corporate headquarters to Las Vegas from Los Angeles to be closer to the company's largest holdings, MGM Resorts International.
It's easy to see how Las Vegas Convention and Visitors Authority President and CEO Rossi Ralenkotter identifies with retired baseball star Pete Rose.
Las Vegas Sands Corp. opened the last piece of the Sands Cotai Central development in Macau on Friday, and the company's top executive — despite 18 straight months of the market's declining gaming revenue — said the region has nearly bottomed out.
All three Las Vegas gaming companies that won approval from state regulators earlier this month to leave as customers of Nevada Power Co. have asked for reconsideration of the decisions.
The Pechanga Band of Luiseno Indians on Wednesday broke ground on a $285 million expansion of its hotel-casino in Temecula, Calif.
A former Bellagio craps dealer and a man who placed phantom bets at the casino pleaded guilty Thursday in what prosecutors called a million-dollar swindle.
Full House Resorts and an affiliate of Hyatt Resorts said Thursday they will invest a combined $5 million to upgrade the Grand Lodge Casino at Hyatt Regency Lake Tahoe.
MGM Resorts International will spend $154 million to expand the Aria convention center by 200,000 square feet, which will include indoor/open-air spaces and a glass-enclosed venue offering views of The Park and the new Las Vegas Arena.
Gaming and Leisure Properties said Wednesday it settled its lawsuit with the owner of the Cannery casinos and acquired Las Vegas-based company's Pittsburgh-area racetrack for $440 million.