Las Vegas Sands Corp. has reached a confidential settlement with Steven Jacobs, former president and CEO of Sands China Ltd., who filed a wrongful termination lawsuit shortly after he was fired in July 2010.
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MGM Resorts International and its MGM Growth Properties subsidiary will acquire Boyd Gaming Corp.’s half interest in Atlantic City’s Borgata resort for $900 million, the two companies announced Tuesday.
Massachusetts is set to launch this week a first-in-the-nation system allowing slot players to limit their bets, following months of planning and some pushback from the gambling industry.
The U.S. Supreme Court rejected a union challenge seeking to restore health and pension benefits for more than 1,000 workers at the Trump Taj Mahal casino in Atlantic City.
Casinos in Macau face a growing volume of bad debt provisions, further hitting earnings in the world’s largest gambling hub at a time when high-roller VIP gamblers are retreating.
Bill Walters, 69, is the sort of person for whom it is possible to use the phrase “latest indictment.” But, notably, none of those indictments has ever resulted in a conviction.
This time, it will be different. That’s the mantra for those hoping to successfully revitalize the Moulin Rouge in historic west Las Vegas after more than 60 years of failed development attempts.
Republican Gov. Chris Christie has signed a package of bills to keep financially troubled Atlantic City from running out of cash.
New Jersey’s legislature approved two bills that would pull Atlantic City from the brink of bankruptcy and give the troubled gambling hub about five months to right its finances — a task that if unmet would result in an unprecedented state takeover.
Convention attendance continued to soar in April, keeping visitor volume for the month in positive territory compared with last year, the Las Vegas Convention and Visitors Authority reported Thursday.