One day doesn’t make a month. But a 490-point surge by the Dow Jones industrial average, the largest single day gain since March 2009, gave the stock prices of several publicly traded casino operators and slot machine manufacturers a lift on the last day of November. The month as a whole was a mixed bag, however.
The Nevada Supreme Court has cleared the Silver Nugget of any liability for the shooting death five years ago of patron Allen Tyrone Smith Jr.
Boyd Gaming Corp. said Monday it is terminating an $80 million agreement to sell its Dania Jai-Alai property in South Florida.
Buyers of eight condominiums at The Cosmopolitan of Las Vegas gained ground in trying to reduce financial losses they suffered in arbitration when trying to recover their deposits. A judge on Tuesday ordered the arbitrator to redo part of his work, as well as recalculate legal fees. That could save the buyers hundreds of thousands of dollars.
WASHINGTON — Residential real estate prices dropped more than forecast during the year ended Sept. 30, showing the industry at the center of the 2008 financial crisis continues to struggle.
Passenger traffic at McCarran International Airport in October continued its year long steady recovery.
As the Governor’s Conference on Tourism kicked off Tuesday, state officials and national economists talked up renewed consumer spending and improving indicators of improvements in Nevada’s leisure and hospitality sector. Gov. Brian Sandoval noted that visitor volumes, hotel-room occupancies and taxable retail sales have all increased in recent months.
Rep. Barney Frank, whose long House career is coming to an end, said Tuesday he was optimistic Congress will allow people to gamble over the Internet. The Massachusetts Democrat said online gambling will remain an important matter in the year remaining in his final term.
