Mike Rumbolz never expected to be a CEO at this stage of his gaming career. But casino equipment provider Everi Holdings needed to make a drastic change.
A bondholder lawsuit against Caesars Entertainment Corp., which the casino company has warned could plunge it into bankruptcy alongside its operating unit, was stayed Friday by a U.S. Bankruptcy judge.
The new year didn’t start off as planned for Nevada casinos.
Slot machine giant Scientific Games Corp. said Thursday it closed out 2015 with a quarterly revenue fourth quarter revenue while the company sliced $231 million from the bottom line after completing the $5.1 billion acquisition of rival Bally Technologies.
The decade-old tip pooling program at Wynn Resorts’ Las Vegas properties is still alive despite an adverse ruling this week by a federal appellate court.
Austrian-based gaming technology company Novomatic has acquired a majority stake in slot machine maker Ainsworth Game Technology, which is developing its North American headquarters in a complex under construction in southwest Las Vegas.
The 9th U.S. Circuit Court of Appeals on Tuesday reversed a U.S. District Court ruling that allowed Wynn Las Vegas to pool its dealers’ tips and distribute them among other employees.
Caesars Entertainment Corp. said Tuesday the casino company’s net loss declined in the fourth quarter but the Strip gaming giant termed the year a success following the bankruptcy filing of its largest operating division.
MGM Resorts International is hiring more than 200 part-time positions for the T-Mobile Arena, which opens in April.
Steve Wynn was calm and complimentary toward the Macau government 12 days ago during the company’s fourth-quarter conference call.