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Casinos & Gaming

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

Top exec denies reports that Alon Las Vegas project is on indefinite hold

The top executive of the Alon resort project on the Strip says the company has further slowed its development pace and that Australian billionaire James Packer’s sale of Crown Gaming shares won’t affect the Las Vegas project.

Caesars wins protection from bondholder lawsuits until Oct. 5

Casino giant Caesars Entertainment has until at least Oct. 5 before it may have to face lawsuits that could force the company into bankruptcy alongside its operating unit.

The Cosmopolitan of Las Vegas plans swanky new penthouse suites

Three renowned interior designers have been hired by The Cosmopolitan of Las Vegas to develop 21 new high-end penthouse suites and a private gaming salon atop the 51-story hotel’s Boulevard Tower.

Caesars wins another reprieve from lawsuits worth billions

In a case full of twists, Las Vegas-based Caesars Entertainment Corp. late on Monday won a two-week extension on a shield from lawsuits worth billions of dollars just days after a different U.S. court allowed those cases to proceed.

THE LATEST
In fantasy sports pari-mutuel wagering, just substitute horses with football players

It takes a certain type of statistics geek to get into fantasy sports. On Sunday afternoons, fantasy sports players keep an eye on their favorite National Football League teams, but their hearts and souls are invested in the individual players on their fantasy teams.

US judge denies Caesars Entertainment extension of shield from lawsuits

Las Vegas-based Caesars Entertainment Corp. must face lawsuits from bondholders seeking some $11 billion in claims, a U.S. judge ruled on Friday in a decision the casino company had warned could plunge it into bankruptcy alongside its operating unit.

Pub owner will surrender Nevada gaming license

The Nevada Gaming Commission approved a settlement Thursday in which Scoundrels Pub Inc. will surrender its restricted gaming license, which it has held since 2005.

Bergman, designer of major Las Vegas hotels, dies at 80

Joel Bergman spent more than 45 years designing casinos and was behind projects including Paris Las Vegas, The Signature at MGM Grand and the Trump International Hotel in Las Vegas. He died Wednesday of natural causes at age 80.

Judge to rule Friday on extended halt to Caesars lawsuits

A U.S. judge said in Chicago bankruptcy court he will decide Friday whether to extend a halt on lawsuits against Caesars Entertainment Corp. by bondholders who are seeking some $11 billion in claims.

Caesars’ unit argues fresh bankruptcy shield will help bankruptcy case

The bankrupt operating unit of Caesars Entertainment Corp. asked a judge on Tuesday to extend a lawsuit shield for its parent company, which a financial adviser said is critical to making progress toward a settlement with holdout creditors.

Fantasy sports proposal meets buzz-saw of opposition from top officials

Regulators and gaming industry leaders say they’d welcome daily fantasy sports operations in Nevada, but not under the framework offered in proposed legislation unveiled by Fan Duel and Draft Kings, the nation’s largest fantasy providers.

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