Before October, most states took a hands-off or wait-and-see approach in regard to legalities surrounding daily fantasy sports.
Casinos & Gaming
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Statewide gaming revenue climbed less than 1 percent (0.9 percent to be exact) to $11.1 billion during the calendar year, according to figures released Friday by the Gaming Control Board.
Macau’s “challenging” casino market drove Las Vegas Sands Corp. to marked declines in the gaming company’s profits and revenue in 2015.
Three years after the head of the U.S. Treasury Department’s federal money laundering unit told the gaming industry it needed to clean up its casinos, operators have heeded the advice.
The behind-the-scenes dealing that allowed Las Vegas Sands Corp. to enter the lucrative Macau casino market will be the subject of a Nevada Supreme Court hearing Tuesday — the second time in almost six years that justices have considered the matter.
Job applicants hoping to land one of more than 700 seasonal jobs being offered by MGM Resorts International no longer have to participate in a “cattle call-like” interview process.
What is the connection between owning the Golden Nugget and television? Tilman Fertitta, chairman and CEO Landry’s Inc., the privately held Houston-based company that owns the Fremont Street resort, is about to find out.
Wynn Resorts Chairman Steve Wynn spent more than $31.8 million this week to acquire additional shares of his casino company’s stock, according to a securities filing Friday.
MGM Resorts International Chairman and CEO Jim Murren said Friday the company anticipated complaints from the local community over plans to charge for parking at its nine Strip casinos, but was somewhat taken aback by the “velocity and venom” that has surfaced.
Nevada gaming regulators signed off Thursday on plans for Station Casinos to become a public company under a new name — Red Rock Resorts — which will be traded on the Nasdaq.
CHICAGO — A U.S. judge has opened the door to dismissing the $18 billion Caesars bankruptcy case unless parties find a way to make public results of an inquiry into whether the casino operator transferred its most profitable properties to new owners before filing to reorganize under Chapter 11.
Clark County commissioners gave developers of Resorts World Las Vegas the go-ahead Wednesday to move forward on the $4 billion hotel-casino project.
Nomura has downgraded several gaming company stocks, trimming Melco’s target price to $16 from $17, Las Vegas Sands to $43 from $47 and Wynn Resorts to $64 from $73.
Las Vegas Sands Corp. is making a new attempt to remove District Judge Elizabeth Gonzalez from a wrongful termination case that has received widespread publicity.
Corey Sanders and Gordon Absher drew the short straws. Sanders, MGM Resorts International’s chief operating officer, and Absher, the casino company’s veteran public affairs spokesman, took the brunt of Friday’s firestorm.
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