Cosmopolitan expects to finish an expansion of its 24-hour convenience store during the third quarter.
Casinos & Gaming
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Alex Meruelo and Meruelo Group, owners of the Grand Sierra Resort Hotel & Casino in Reno, have agreed to buy the SLS Las Vegas for an undisclosed amount from Las Vegas Resort Holdings LLC.
The Cosmopolitan of Las Vegas has spent millions on designers, high-end materials and art work to woo the wealthy and boost gaming revenue.
Las Vegas-based Golden Entertainment Inc., parent company of the PT’s Pub and Sierra Gold tavern chains, had record revenue in the first quarter and more than doubled net income over last year year, the company reported Tuesday.
Though created by the same legislation, the Stadium Authority and the Oversight Panel have completely different roles and responsibilities.
The former owners of Ultimate Fighting Championship are now preparing to battle other investors in the search for the next Facebooks, Googles and Ubers of the world.
The fading popularity of multi-genre social casino apps is being driven by gamers switching their play away from personal computers to mobile phones and tablets, according to SuperData Research.
Boyd Gaming, a major player in the Las Vegas locals market, saw revenue and earnings inch up in the first quarter with three local properties new to the company providing a 38.7 percent bump in revenue for that segment.