The wait for an answer on whether nationwide sports betting will be allowed may come as soon as Monday.
Casinos & Gaming
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Wynn Resorts Chief Executive Officer Matt Maddox has officially proposed removing the Wynn name from their company’s $2.5 billion Boston project.
The $1 billion Project Neon freeway construction effort that has frustrated motorists for weeks may also have taken a bite out of Boyd Gaming Corp.’s first-quarter earnings.
CityCenter Holdings, a subsidiary of MGM Resorts International, agreed to sell the Mandarin Oriental Las Vegas and adjacent retail properties for approximately $214 million.
Shares of MGM Resorts International plunged as much as 10 percent Thursday morning after the company cut its earning guidance for 2018 due to weakness at two Strip properties.
Penn National Gaming exceeded its own first-quarter expectations and remained on course to close on its merger with Las Vegas-based Pinnacle Entertainment that ultimately will save the company $100 million a year.
MGM Resorts International has hired at least five former Metropolitan Police Department SWAT team members and several former military officers in recent months as it strengthens security at its properties following the deadliest mass shooting in modern U.S. history.
Resort executives must continually research return on investment for non-gaming amenities, which have become more important to their operations over time, Bob Boughner, former president and CEO of Atlantic City’s Borgata and a partner with Global Market Advisors, said Tuesday.
Las Vegas Sands Corp. rode prosperity in Macau to a record-setting first quarter. The company that owns the Las Vegas Strip’s Venetian and Palazzo resorts set numerous benchmarks for the quarter that ended March 31, including highest mass table gaming drop by revenue, highest retail mall sales and highest cash flow margin since the third quarter of 2006.
SoulCycle is among a mix of new retail business that are headed to Wynn and Encore, public records show.
Caesars Entertainment Corp. has signed an agreement to manage a non-gaming, beach-front resort in Mexico as its seeks to bring its brands to more overseas markets.
Matt Maddox came out swinging in his first earnings conference call as Wynn Resorts Chief Executive Officer, boasting of record Las Vegas quarterly revenues and applicants lining up for work.
Elaine Wynn, the largest shareholder of Wynn Resorts Ltd., is seeking to kick a friend of her ex-husband Steve Wynn off the company’s board of directors.
Just because Steve Wynn has stepped down from his leadership positions at Wynn Resorts Ltd., has sold all the shares he owned in the company and settled legal differences with his ex-wife, Elaine, don’t think for a minute that gaming regulators are through with him.
Just because Steve Wynn has stepped down from his leadership positions at Wynn Resorts Ltd., has sold all the shares he owned in the company andsettled legal differences with his ex-wife, Elaine, don’t think for a minute that gaming regulators are through with him.
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