While a Boston newspaper columnist labeled Wynn Resorts CEO Matt Maddox as “Mad Matt,” he probably is angrier about what led the company to be in a regulatory mess.
Richard N. Velotta’s Inside Gaming column appears Sunday and Wednesday in Business.
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The Las Vegas Convention and Visitors Authority is on the verge of placing one of the biggest bets in its history. It’s the futures bet of all futures bets.
The NCAA policy change that will enable Las Vegas to bid for the national championship football game, Final Four and Frozen Four will provide a state tourism boost.
Now that the Massachusetts Gaming Commission has announced its $35 million fine against Wynn Resorts Ltd. the Las Vegas company can get back to building the $2.6 billion Encore Boston Harbor and we can all relax. Or can we?
It didn’t take long for the haters to start chirping about resort and parking fees after the state Gaming Control Board published March gaming win numbers last week.
Based on the terms of Tony Rodio’s employment agreement disclosed in a Securities and Exchange Commission filing, he appears to be in for the long term with a $1.5 million annual salary, prospective bonus payments of $3 million, as well as a $3 million buyout clause. This doesn’t look like the pathway to a quickee company sale.
The Las Vegas Convention and Visitors Authority monitors the changing face of the Vegas visitor annually so that resorts can react to attract more people to the destination.
The long wait for Wynn Resorts Ltd. to learn its status as a gaming licensee in Massachusetts is nearly over with an adjudicatory hearing scheduled to begin Tuesday in Boston.
All things considered, the Raiders’ relationship with the city and state has been a good one, and several reports Thursday enumerated some of the positives that already have emerged.
Three members of the Las Vegas Convention and Visitors Authority’s board of directors brought some healthy skepticism to last week’s meeting at which the board gave the go-ahead for an underground transit system.
The Oakland A’s — the new parent team of the Las Vegas Aviators — will play two games in Tokyo and wear a special patch on the sleeves of their uniforms that says, “MGM Resorts Japan.”
The Wynn Resorts matter may be over but the tentacles connecting the company to former executives may live on for a long time.
Whether Oscar betting is successful enough to become an annual New Jersey staple and whether Nevada sports books would ever attempt taking those bets are open questions.
It shouldn’t be that shocking to learn that from July 1, 2017, to June 30, 2018, 289 Nevada casinos that annually gross more than $1 million in gaming revenue lost a total of $1.168 billion.
The National Museum of Organized Crime and Law Enforcement recently sponsored a panel on whether the criminal element could infiltrate the gamingindustry’s new toy: nationwide sports wagering.