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McCain calls for hearings on expanded sports betting

With all eyes on the Super Bowl and the billions of dollars wagered legally — and illegally — on the game, Sen. John McCain says Congress should hold hearings on whether to expand legalized sports betting that now largely is limited to sports books in Nevada.

Independent proxy advisory firms said to back IGT buyout

Slot machine maker International Game Technology said three independent proxy advisory firms voiced their support for the company’s $6.4 billion buyout by Italy-based lottery giant GTECH Holdings.

Knowing Vegas: How many implosions have there been?

Las Vegas is full of mysteries, even if you’ve lived here your entire life. That said, we want to solve them, so we asked what questions about Las Vegas you’ve always wanted answered. We’ll tackle them one by one in Knowing Vegas.

Griddle Cafe at SLS Las Vegas will close

The owner of the Los Angeles-based Griddle Cafe is closing her location inside the SLS Las Vegas. The restaurant will be replaced by a 24-hour Las Vegas-style coffee shop. SLS officials said the new restaurant will be called Northside Cafe and will open Sunday.

Adelson defends Macau even as troubled market crimps Sands’ earnings

Las Vegas Sands Corp. said Wednesday its Macau business was more than just gaming. The troubled market, which has experienced seven straight monthly gaming revenue declines, hurt Las Vegas Sands’ fourth-quarter earnings. But company Chairman Sheldon Adelson defended the market.

Judge’s ruling on Chicago court seen as win for Caesars

A bankruptcy judge in Delaware ruled Wednesday that the reorganization of Caesars Entertainment Corp.’s largest operating union can take place in Chicago, where the company filed a prepackaged Chapter 11 earlier this month.

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