The race and sports book subsidiary of Cantor Fitzgerald L.P. accused of inadequate supervision of its employees that led to one of its top executives accepting illegal bets will pay a record $5.5 million fine under a settlement unanimously approved Thursday by the Nevada Gaming Commission.
Slot machine maker International Game Technology grew profits and revenue in the first quarter despite what company officials described as “market challenges.”
The number of Americans paying to participate in fantasy sports has grown at a 7.8 percent rate annually over five years. That growth has transformed what was once a small group of devoted players into a multibillion-dollar business.
The Cosmopolitan of Las Vegas is expanding its relationship with Marriott International, John Unwin, the resort’s chief executive officer, said Thursday.
