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Casinos & Gaming

For the latest Las Vegas casino and gaming industry news and headlines visit reviewjournal.com.

Iran hacked Sands operations, U.S. official says

It’s been a year since American billionaire Sheldon Adelson’s casino company was hacked. Now the blame is officially being placed on Iran.

Repeal of sports wagering handle tax reintroduced by Titus

Legislation that would repeal a federal handle tax on Nevada sports books was reintroduced in Congress Friday by Rep. Dina Titus, D-Nev., who said the levy places an undue burden on the state’s sports book industry.

Caesars sells 20 percent interest in Ohio casinos

Caesars Entertainment Corp. on Thursday sold its 20 percent interest in three Ohio casinos to partner Detroit-based Rock Gaming.

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Nevada regulators approve GTECH buyout of IGT

The Gaming Control Board and Nevada Gaming Commission, after more than three hours of special meetings in Las Vegas, signed off on Italy-based lottery giant GTECH Holdings $6.4 billion buyout of Nevada-based slot machine manufacturer International Game Technology.

Nevada Supreme Court upholds ‘markers law’

The Nevada Supreme Court on Thursday upheld the constitutionality of the state’s “markers law” in a case involving a high roller who failed to pay off a combined $384,000 in markers he took from the Hard Rock Hotel, Caesars Palace, The Venetian and Palazzo in the fall of 2008.

Bank of America agrees to $300 million Fontainebleau settlement

Bank of America Corp. on Wednesday said it reached a $300 million settlement of a lawsuit brought by lenders that helped finance construction of the failed Fontainebleau, which filed for bankruptcy protection in June 2009.

A revived locals market could push Station Casinos to IPO

There is no debate that Station Casinos had a strong finish to 2014, giving analysts hope that recovery in the Las Vegas locals gaming market is underway. Now, the investment community may want a piece of the action.

Caesars denies another request from second-level bond holder

Caesars Entertainment Corp. is getting used to saying no. For the second time in two weeks, the casino operator rejected a demand from an unsecured second level bond holder for payment of the obligations.

Once down on its luck, Vegas’ North Strip is coming back

For a decade, north Strip casino operators anticipated a redevelopment of the area that would include new megaresorts and entertainment complexes rivaling projects underway on the boulevard’s southern end.

MGM Resorts plans job fair, hopes to add more than 500 workers

MGM Resorts International will hold a job fair Wednesday at the Mandalay Bay Events Center to hire more than 500 permanent positions at 13 of the company’s Strip-area resorts.

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