MGM’s Las Vegas Strip properties were among the worst hit, with a 21 percent dip in revenue compared to the 10 percent decline seen at regional properties.
Richard N. Velotta
Richard N. “Rick” Velotta has covered business, the gaming industry, tourism, transportation and aviation in Las Vegas for 25 years. A former reporter and editor with the Las Vegas Sun, the Ogden (Utah) Standard-Examiner, the Arizona Daily Sun in Flagstaff and the Aurora (Colo.) Sun, Velotta is a graduate of Northern Arizona University where he won the school’s top journalism honor. He became the Review-Journal's assistant business editor in September 2018.
The Las Vegas Convention and Visitors Authority confirmed what most tourism leaders already knew: The coronavirus devastated visitation to the city in March.
With the state’s casinos ordered closed in March by Gov. Steve Sisolak, the industry knew it was going to see a huge win decline. As bad as it is, April’s win will be worse.
The state Gaming Control Board could limit the number of people inside a casino at one time, but it probably won’t mandate temperature detectors at entrances.
McCarran International Airport’s busiest commercial air carrier endured a dramatic downturn in travel demand in February and doesn’t anticipate a rebound anytime soon.
After a six-month field trial at four casinos, three of them in Las Vegas, the startup manufacturer will offer games geared toward millennial and Gen-X players.
Former Nevada Gaming Commission Chairman Tony Alamo is conflicted on how Nevada should reopen because of his experience as a regulator and a medical doctor.
The global company, an official NFL partner based in Boston, has a call center in Las Vegas but isn’t licensed to take bets in Nevada
Reno-based Eldorado Resorts is changing partners on deals for two casinos and Caesars Entertainment is selling off an Atlantic City property, anticipating a June merger.
In a prospectus filed Thursday with the SEC, MGM Resorts International said it is improving its liquidity position with $750 million in senior notes due in 2025.
Citing a commitment the company made in mid-March, Las Vegas Sands CEO Sheldon Adelson has agreed to extend pay and benefits for 9,300 employees through at least May 17.
The resort operator’s numbers reflect the economic damage of the coronavirus pandemic and government-ordered casino shutdowns in Nevada and Macao.
State gaming regulators have issued a memorandum addressing the filing of forms and paperwork that will enable casinos to reopen — but there’s no date for that to occur.
The Herbst family is developing a casino near Creech Air Force Base in Indian Springs that is expected to open in early June.
Las Vegas labor unions are calling for stronger protections and personal protective equipment for all front-line workers in Nevada.