The pandemic continues to affect everyday life in Southern Nevada, but big-money events like Strip transactions, housing sales and gaming win got our attention this year.
Casinos & Gaming
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Every tourism indicator was higher in October than a year ago and some categories soared past October 2019 levels, according to the Las Vegas Convention and Visitors Authority.
Records continue to fall for the amount of money casinos won from players with another month in excess of $1 billion with the Strip making a strong contribution.
Using an unusual “Dutch auction” sale, Station Casinos’ parent company will buy $350 million in shares also pay shareholders a $3-per-share dividend.
“Our business is thriving and we are accelerating on all fronts,” Marc Rowan co-founder, CEO and director of New York-based Apollo Global Management Inc., said during Tuesday’s earnings call.
Reno-based Monarch Casino Resort Inc. may soon compete for Las Vegas customers at its Black Hawk, Colorado, property, a gaming analyst said in a report to investors Monday.
The top executive of Boyd Gaming Corp. on Tuesday said fundamental shifts toward building customer loyalty are driving growth and resulted in record third-quarter earnings results for the Las Vegas company.
Las Vegas Sands Corp. CEO Rob Goldstein said Wednesday that the company expects to continue operating in Macao after the government there reconsiders gaming licenses next year.
The Nevada Gaming Control Board’s recommendation to approve the acquisition of Great Britain’s Gamesys Group will help Bally’s bid to expand to an omnichannel operation.
Thousands of attendees are expected check out the latest slots, table games and other gaming and hospitality innovations this week during G2E’s trade show, which opened Tuesday morning.
A wide array of casino gadgets will be on display beginning Tuesday at the American Gaming Association’s four-day, pandemic-delayed industry showcase.
While not as impressive as July’s record performance, state gaming win surpassed $1 billion for the sixth straight month in August.
The Nevada Gaming Control Board unanimously recommends approval of MGM Resorts International’s plan to buy out Dubai World’s 50 percent share of CityCenter on the Strip.
Bally’s Corp.’s casino at Lake Tahoe is shutting down operations due to the oncoming Caldor Fire, but the hotel will continue to house firefighters and emergency workers.
A three-year contract between the United Autoworkers Gaming Union and Wynn Resorts has been ratified by a 96 percent majority of eligible employees.