MGM Resorts released more than an hour of security footage of Oct. 1 gunman Stephen Paddock. In the Mandalay Bay videos released to the Las Vegas Review-Journal, gunman Stephen Paddock appears calm and collected as he begins executing the setup for the worst mass shooting in modern U.S. history.
Casinos & Gaming
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Alex Meruelo will invest up to $100 million to revitalize the SLS Las Vegas after the Nevada Gaming Commission approved his acquisition Thursday of the struggling Strip property.
Steve Wynn sold 4.1 million shares of Wynn Resorts on Wednesday, cutting his stake to 7.8 percent.
Steve Wynn has notified Wynn Resorts that he plans to sell his shares, potentially pre-empting a decision by regulators in Massachusetts and Nevada to force him to do so.
Steve Wynn, who settled with two former female employees who accused him of sexual misconduct, skipped his own company’s mandatory sexual harassment awareness training, court testimony shows.
A visitor to the MontBleu casino in Northern Nevada recently won an IGT jackpot valued at about $1.3 million.
Revenue from room-tax collections have reversed a three-month downward trend producing the second-highest monthly level since collections began in March 2017.
The nearly 90 people who thought they had won money in Station Casinos’ “bad beat jackpot” poker promotion had to wait more than nine months to cash in.
Lawyers for Elaine Wynn told a Nevada judge on Friday there is a second settlement involving Steve Wynn, and a spokesman for Wynn Resorts later confirmed it.
The focus at the World Game Protection Conference in Las Vegas turned from cheaters to the active shooters this year following deadly incidents in the Philippines, Chile and Las Vegas.
Golden Entertainment will invest $140 million over three years in its newly acquired Stratosphere property, including $32 million this year, company executives said in a quarterly earnings call Thursday.
The procedure runs parallel to Wynn Resorts’ surprise move Monday to drop all claims against Steve Wynn’s former business partner Kazuo Okada, ending a six-year legal battle that followed his ouster from Wynn’s board of directors.
MGM Resorts International appointed travel industry executive Jan Swartz to its board of directors amid growing scrutiny about board diversity in the United States.
When Full House Resorts President Dan Lee got off the phone with a tree broker in Houston last summer, he ordered Chief Financial Officer Lewis Fanger to join him in a single-engine turbo plane for a short flight to Palm Desert.
While changes at Silver Slipper and Rising Star can swing company earnings, Full House President Dan Lee’s pet project in Colorado has the potential to double the company’s cash flows and stock price in a few years. Lee owns about 8.8 percent of the company’s shares, including vested options.