Some U.S. Congress members urged Treasury Secretary Jacob Lew to deny casino operator Caesars Entertainment Corp. a favorable tax ruling relating to the company’s plan to create a trust to own its hotels and resorts.
Casinos & Gaming
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The taller of two hotel towers of the shuttered Riviera will be imploded early June 14, a spokesman for the Las Vegas Convention and Visitors Authority said Wednesday.
Macau posted a drop of 9.6 percent in gambling revenue for May, with the pace of decline accelerating from the previous month, as wealthy gamblers continued to steer clear of the southern Chinese territory.
