Elaine Wynn, the largest shareholder in Wynn Resorts, asked the company’s board to study whether outgoing General Counsel Kim Sinatra deserves a severance payment.
Casinos & Gaming
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Paf will become the first international gambling company to introduce a loss limit on Sept. 1. The company says the limit will be 30,000 euros or about $35,000 in U.S. currency a year.
Executives with the off-Strip Westgate are “dismayed” that their property will be the target of picketing by the Culinary union Friday afternoon.
The outage affected Flamingo and The Cromwell, two adjacent properties on the Strip, according to parent company Caesars Entertainment Corp.
Retired boxing champion Evander Holyfield is among the ownership group seeking to develop a boxing league to be headquartered in Las Vegas.
Kim Sinatra is stepping down as general counsel of Wynn Resorts.
The Las Vegas artist behind the Statue of Liberty replica outside New York-New York will have several million reasons to celebrate this Independence Day.
Representatives of the Culinary union say they’ll picket downtown and at an off-Strip casino Friday to call attention to stalled contract talks.
Westgate official says at least 15 employees and four guests reportedly fell ill since late last week, but callers tell the Review-Journal that many staff and vendors at Amazing Comic Con Convention were affected.
Macau’s cooling gaming growth is having a chilling effect on Las Vegas stocks.
Entrepreneurs hoping to bring new product ideas and concepts to the gaming industry will have a chance to do that before two self-made business leaders and a big crowd at this year’s Global Gaming Expo.
Gaming revenue on the Chinese enclave rose 12.5 percent to $2.78 billion in June, missing the 18 percent growth forecast by Wall Street analysts.
Gamblit Gaming CEO Eric Meyerhofer said the company is rapidly expanding its footprint this year after raising an additional $25 million from investors in 2017.
The U.S. Supreme Court’s decision not to consider hearing a petition to overturn an appellate court ruling on Wynn Las Vegas’ tip-sharing policy marks another stop on the long, tortuous road traveld since the tip policy was announced in 2006.
Nevada’s gaming win returned to its billion-dollar ways in May, posting a monthly total of $1.04 billion, a 5.3 percent increase over last year, the state reported Friday.
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