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Casinos & Gaming

For the latest Las Vegas casino and gaming industry news and headlines visit reviewjournal.com.

Analysts collectively favor MGM stock after Las Vegas shooting

While analysts who cover MGM Resorts International are reluctant to talk about the company’s financial prospects two months after the 1 October massacre, they’re collectively saying MGM stock would be a good addition to a portfolio.

Mandalay Bay crowds appear low after Las Vegas shooting

It was by no means quiet in Mandalay Bay the night of Dec. 1, a Friday. But at certain points that evening, the crowds and energy levels seemed higher in two other MGM Resorts International-owned casinos.

Mandalay Bay struggles to find footing after Las Vegas shooting

Around dusk on a late November weekday, hundreds of men and women walked through the Mandalay Bay, past empty restaurants just off the casino floor and toward the huge convention center.

SLS Las Vegas on ‘verge of bankruptcy,’ investors allege

The SLS Las Vegas hasn’t turned a profit since opening in 2014 and is on the ‘’verge of bankruptcy,’’ according to a lawsuit filed in Los Angeles County by 60 Chinese nationals who lent money to the project in exchange for American citizenship.

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National Finals Rodeo kicks off Thursday in Las Vegas

Shortly before midnight on Tuesday, five men sporting cowboy hats, boots and denim jeans trotted into Gilley’s Saloon inside Treasure Island to join the crowd of some 200 people drinking beer and dancing the night away. Yep, National Finals Rodeo is back in Las Vegas.

California man sues over Legionnaire’s case blamed on Rio stay

The lawsuit was filed by 50-year-old Christopher Moncado , who was hospitalized six months ago after staying at the Rio. He sent medical records and hospital bills to Ceasars, which owns the Rio, but has not received a response.

Supreme Court hints it could side with state on sports betting

The case the justices are hearing is a result of New Jersey’s yearslong effort to bring betting on sports to its casinos and racetracks. New Jersey is challenging a federal law that bars states from authorizing sports gambling.

Court’s hearing of sports betting case weighs heavily for Nevada

This week’s long-awaited U.S. Supreme Court oral arguments on Christie v. the NCAA that could influence whether sports wagering will be legalized nationwide could also play a role in another issue at the forefront of the gaming industry — the presence of marijuana in casino resorts.

Macau gaming revenue reaches $2.9B in November

Macau posted gross gaming revenue for November of $2.9 billion — the second-highest so far this year, bringing the 11-month total to $30.4 billion.

 
Monte Carlo conversion shows how to get 2 hotels for price of 1

The conversion of MGM Resorts International’s Monte Carlo into Park MGM makes perfect sense: Why invest more than $550 million to upgrade a hotel that first opened its doors in 1996 when you can get two hotels for the price of one.

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