1980 An RCA camera demonstration. 2003 A 42″ Zenith Plasma TV. John Gurzinski/Las Vegas Review-Journal 2005 A high-definition 3-D presentation at the Panasonic booth. Joe Cavaretta/AP 2006 Floor plans distributed by Segway. Jae C. Hong/AP 2017 Virtual reality glasses. Elizabeth Brumley/Las Vegas Review-Journal
Business Columns
With all the spectacular resorts and hotels Southern Nevada has to offer, it’s easy for visitors to forget that Las Vegas lies in the middle of some of the most beautiful scenery in the world.
Las Vegas house flippers booked an average gross profit of $51,500 per deal in the first quarter, up 29 percent from the same period last year, a new report shows.
Anyone who has studied the numbers regularly knows that the gaming win statistics for Southern Nevada’s geographic regions are extremely volatile. One month, an area may be up by double-digit percentages. The next, it could be down by double-digit percentages. Then, maybe the next month, it levels off, only to climb high, then drop low, just like the Desperado coaster at Primm, a personal favorite.
Steve Wynn has talked in glowing terms about his company’s plans to build a resort complex along the Mystic River in the Boston-area town of Everett.
Count the analysts at Fitch Ratings Service as predicting 2016 to be a stable environment for most U.S. gaming operators.
Billionaire Sheldon Adelson remains Macau’s most optimistic and vocal cheerleader.
CNBC host and financial gossip monger Jim Cramer set the gaming investment community abuzz last week. Cramer told his “Mad Money” audience there was “speculation” that Wynn Resorts Ltd. “might merge” with MGM Resorts International. But the notion of a MGM-Wynn merger is ludicrous.
California’s latest effort to legalize online poker would sideline PokerStars, shut out the racetrack industry, and offer a twist that makes traditional casinos and card rooms part of the game.
On a whole, the locals market gaming revenue through September is down less than 1 percent from 2013, according to the Gaming Control Board.
International Game Technology is the most prominent gaming company with a “For Sale” sign planted in the front yard.
Nothing is simple when it comes to Caesars Entertainment Corp. Take last week’s announcement that the company is selling four casinos to its Caesars Growth Partners subsidiary for $2.2 billion.
Clearly, Caesars Entertainment Corp. doesn’t want visitors to The Cromwell to gamble, drink, smoke, fornicate or perform any other sinful act at the newly renamed boutique Strip hotel-casino.
This month’s Global Gaming Expo could easily be mistaken for CinemaCon.
Things are not all peaceful down on the farm. Social gaming giant Zynga Inc., which has a grand vision of converting its platform into a real money pay-to-play online gambling format in Nevada, slashed 18 percent of its workforce and closed multiple offices to cut costs this past week.