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Owner of Caesars casinos, golf courses plans IPO

VICI Properties, the owner of Caesars Entertainment Corp. casinos and golf courses, plans an initial public offering of its stock to help pay down more than $4 billion of debt and finance future acquisitions.

Gaming industry mergers could hit a record next year

2018 may bring more mergers for the gaming industry as a strong economy, low borrowing costs, lack of new licenses and use of real estate investment trusts drive consolidation, according to Deutsche Bank.

Nevada Gaming commission hits Golden Route Operations with $75K fine

The Nevada Gaming Commission unanimously approved a stipulation for settlement agreement with the state’s largest slot route operator and fined the company $75,000 for providing slot machines to a Reno sports bar that didn’t hold a gaming license.

NYX Gaming Group shareholders approve acquisition by Scientific Games

Shareholders of NYX Gaming Group Ltd. overwhelmingly approved Scientific Games’ bid to acquire the company for $631 million, setting the stage for Las Vegas-based Scientific to become a key player in nationwide sports wagering should it be legalized.

Lucky Dragon appears to be struggling in Las Vegas

Officially opened one year ago this month to cater primarily to the burgeoning and wealthy Asian-American and Asian immigrant crowd in Las Vegas and West Coast cities, the magic initially seemed to work.

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