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Georgia law firm sues Cosmopolitan over $3.4 million in transferred funds

A Georgia law firm says the Cosmopolitan of Las Vegas owes it $3.4 million — money a partner improperly transferred from the firm’s accounts in 2012 for gambling there. The firm, Morris Schneider Wittstadt, recently made the allegation in a federal lawsuit filed in Las Vegas.

Illinois investment group raises offer for Affinity Gaming

Illinois-based investment group Z Capital, which has twice failed to acquire casino operator Affinity Gaming, has made another cash offer to purchase the Las Vegas-based company.

Developer of Baha Mar resort in Bahamas files for bankruptcy

The developer of the $3.5 billion Baha Mar resort in the Bahamas filed for bankruptcy in the United States on Monday and blamed its Chinese general contractor for missing its completion deadline, costing critical revenue.

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