A former Palms race and sports book employee pleaded guilty Monday in a betting scheme federal authorities say defrauded the resort of more than $800,000.
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Personal and business ties that date back more than a decade between Steve Wynn and Japanese gaming magnate Kazuo Okada could come to hurt the lawsuit brought by Wynn Resorts Ltd. to validate the forced redemption of Okada’s stake in February.
Less than four months after Las Vegas Sands Corp. was fined for misusing Macau data laws in local courts, the company and its former top executive in the region are wrestling over the issue again.
Clark County District Judge Susan Scann on Wednesday dismissed a shareholder derivative lawsuit against Las Vegas Sands and its board of directors, part of the fallout from the recession four years ago.
Clark County District Judge Elizabeth Gonzalez formally withdrew her order allowing the demolition of the CityCenter’s unfinished Harmon Hotel.
WASHINGTON – U.S. regulators on Monday sued Intrade, the online prediction market that gained popularity as an informal oddsmaker for the presidential election, saying it illegally let customers bet on future economic data, the price of gold and even acts of war.
Kazuo Okada’s counterattack against Wynn Resorts Ltd. for the forced redemption of his shares in February was trimmed at a Tuesday hearing but largely left standing.
Amid more sparring over the corporate divorce of Wynn Resorts Ltd. and former largest shareholder Kazuo Okada, a judge found on Thursday that the company had “in large part” turned over certain documents as previously ordered.