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Casinos & Gaming

For the latest Las Vegas casino and gaming industry news and headlines visit reviewjournal.com.

THE LATEST
Owner of Caesars casinos, golf courses plans IPO

VICI Properties, the owner of Caesars Entertainment Corp. casinos and golf courses, plans an initial public offering of its stock to help pay down more than $4 billion of debt and finance future acquisitions.

Gaming industry mergers could hit a record next year

2018 may bring more mergers for the gaming industry as a strong economy, low borrowing costs, lack of new licenses and use of real estate investment trusts drive consolidation, according to Deutsche Bank.

Nevada Gaming commission hits Golden Route Operations with $75K fine

The Nevada Gaming Commission unanimously approved a stipulation for settlement agreement with the state’s largest slot route operator and fined the company $75,000 for providing slot machines to a Reno sports bar that didn’t hold a gaming license.

NYX Gaming Group shareholders approve acquisition by Scientific Games

Shareholders of NYX Gaming Group Ltd. overwhelmingly approved Scientific Games’ bid to acquire the company for $631 million, setting the stage for Las Vegas-based Scientific to become a key player in nationwide sports wagering should it be legalized.

Boyd Gaming to buy Valley Forge Casino Resort in Pennsylvania

Fresh off the heels of a $575 million acquisition of four Pinnacle Entertainment assets, Boyd Gaming Corp. has announced it will buy a smaller competitor in Pennsylvania to expand its regional presence.

Palms debuts revamped buffet on Friday

The Palms will re-open its buffet on Friday. The renovation, which began in July, is part of the massive restaurant relaunch the property is undergoing as a result of its purchase by Station Casinos.

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