Caesars Entertainment Corp. said Wednesday its growth-oriented affiliate is seeking $1.3 billion in loans to fund the purchase of four casinos announced earlier this month.
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Southern Nevada has emerged from the recession and is headed toward resurgence, economic analyst Jeremy Aguero told about 500 business and community leaders Wednesday at the Four Seasons Hotel.
Freddie Mac’s Multi-Indicator Market Index, released Wednesday, measures the stability of states and the U.S. capital, as well as the top 50 metropolitan areas. It weighs criteria including mortgage applications, income ratios and employment.
Slot machine giant GIT took a battering from investors Wednesday and analysts worried sour financial predictions announced 24 hours earlier might taint rival companies in the gaming equipment sector.
A bill to outlaw online gaming was introduced Wednesday in Congress, adding another layer to the big-money debate over how or even whether the Internet should be utilized for gambling.
Caesars Entertainment Corp. said Wednesday it would close one of its three casinos in Tunica, Miss. on June 2, saying “persistent declines in business” made the market’s largest hotel-casino unprofitable.
Organizers of the Reno National Championship Air Races said they plan more of a festival atmosphere at 51st competition at Reno Stead Airport in September.
A U.S. District Court judge has issued a notice of settlement on a $3.85 million class-action lawsuit brought by 13 Bell Transportation limousine drivers for unpaid wages and improperly withheld pay.