Caesars Entertainment Operating Co.’s plan to offer chartered flights to its casinos has flown off course and into a multimillion-dollar legal storm.
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He oversees a publicly traded company, but you won’t find Blake Sartini with his attention focused solely on the daily ups and downs of Golden Entertainment’s stock price.
The Nevada Gaming Commission will require casino operators to take more stringent approach in monitoring their nightclub venues, hoping to avoid regulatory complaints that often led to six- and seven-figure fines for allowing illicit activity inside the venues.
Three casino industry buyouts were approved Thursday by the Nevada Gaming Commission, including Eldorado Resort’s $72.5 million acquisition of MGM Resorts International’s holdings in Reno.
Las Vegas leaders on Wednesday approved half a gaming license sought by tavern operator Dotty’s for a location.
Wynn Resorts Ltd. said Wednesday it will move the opening of its $4.1 billion Wynn Palace development in Macau back by three months.
The Lucky Dragon Hotel & Casino might have to make its own luck. Las Vegas City Council members, sitting as the heads of the city’s redevelopment agency, on Wednesday shot down some $25 million in subsidies sought by developers behind the partially built nine-story, 200-room project at Sahara Avenue and Las Vegas Boulevard.
Treasure Island will turn over the second and third floors of its recently completed 40,000 square-foot retail area along the Strip to an exhibition company that will create attractions based on Marvel Comics’ The Avengers and Hasbro’s Transformers, offering customers interactive, theme parklike experiences.
In a gaming pantheon bejeweled with mega-resorts, the Lucky Dragon Hotel & Casino won’t set records. But it remains an important development for the city of Las Vegas.
Illinois-based investment group Z Capital, the largest shareholder in casino operator Affinity Gaming, has made its fourth offer in the past two years to acquire the Las Vegas-headquartered company in a deal valued at $700 million.