With millions expected to be wagered illegally on the upcoming Super Bowl, Nevada and gaming officials are eagerly awaiting a U.S. Supreme Court decision on whether states should be allowed to offer legal sports betting.
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The Oakland Raiders’ deal with New York-based Goldman Sachs to finance a $1.9 billion stadium in Las Vegas is in jeopardy because the agreement was contingent on a $650 million investment from Sheldon Adelson, who withdrew from the partnership Monday.
Nevada will share in a $5 million, multistate settlement with The Western Union Company over complaints customers were scammed into wiring money to third-parties in fraudulent schemes, the attorney general’s office said Tuesday.
Executives at the Stratosphere hotel-casino are getting more from less on their casino floor. By arranging the casino floor with clusters of slot machines instead of rows, the floor becomes more inviting. The result is longer play and better results.
Las Vegas-based Allegiant Travel Co., parent company of Allegiant Air, wrapped up its 56th straight profitable quarter with a decline in fourth-quarter earnings.
After more than three years after legalization, online poker still generates only a small amount of Nevada’s gaming revenue.
U.S. home prices marched steadily higher in November, pushed up by healthy demand for homes and a shrinking supply of available properties. Las Vegas prices were 6 percent higher on an annualized basis, according to the index.
Wal-Mart is replacing a program that offered free shipping but had an annual fee with one that has a lower free shipping threshold and faster delivery as it hopes to answer Amazon’s powerful Prime membership success.
If the Raiders ultimately can strike a deal with Goldman Sachs that makes up the $650 million the Adelson family had pledged toward a new Las Vegas stadium, the odds of Oakland getting the 24 votes needed for relocation isn’t at all hurt by the casino executive’s withdrawal.
The family of Las Vegas Sands Corp. Chairman and CEO Sheldon Adelson has withdrawn as investors in a proposed $1.9 billion, 65,000-seat domed football stadium intended to bring the NFL’s Oakland Raiders to Southern Nevada.