Boyd Gaming Corp. announced a stock sale Wednesday in which the casino operator will list 15 million shares of common stock, with proceeds from the sale used to pay down a portion of the company’s long-term debt.
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Caesars Entertainment Corp. showed off its $550 million vision of urban renewal Tuesday.
Slot machine manufacturer Multimedia Games said Tuesday the company grew third-quarter profits after generating the company’s first sales into Atlantic City, while expanding its presence in Las Vegas.
Last year’s acquisition of a regional casino operator helped Boyd Gaming Corp. grow profits and results in the second quarter, the company said Tuesday.
Karl Bennison, who has headed enforcement for the Gaming Control Board’s Northern Nevada, was named chief of the entire division Tuesday.
Caesars Entertainment Corp. is looking at other ways to grow results after reporting another quarterly net loss.
Wynn Resorts Ltd., the casino company founded by billionaire Steve Wynn, reported a second-quarter profit Monday that fell short of analysts’ estimates as Macau saw revenue grow at a slower pace than in Las Vegas.
Nevada Gold & Casinos Inc. on Monday reported a profit for the fourth-quarter and fiscal year, as the Las Vegas-based gaming company continues to reduce its debt and costs as well as benefit from a strong performance from its mini-casinos and slot operations.
As an associate with global management consulting firm Bain & Co., Geoffrey Stewart grew accustomed to offering advice to high-level executives of Fortune 500 corporations.
Back in 1996, when Michigan voters authorized three casinos in downtown Detroit, opponents said legal gambling would destroy the city. Detroit is now bankrupt.