As good as revenue generation in Macau was for Wynn Resorts Ltd., Steve Wynn says it could have been even better if customers would have been able to access his newest property easier.
Casinos & Gaming
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When Clark County commissioners convene for their Nov. 15 meeting, they’ll have the option of codifying two hotel room tax increases to fund the upgrade of the Las Vegas Convention Center and the construction of a domed stadium in one fell swoop. But if Commissioner Chris Giunchigliani has her way, commissioners will take their time before raising the tax to finance $750 million in bonds for the $1.9 billion stadium project.
Las Vegas-based Boyd Gaming Corp. recorded a profitable third quarter with its Las Vegas locals market delivering double-digit percentage increases in cash flow for the fifth time in six quarters.
Macau, the world’s biggest casino hub, on Tuesday posted an 8.8 percent rise in gambling revenue in October, the third consecutive monthly rise, as newly opened casino resorts boosted spending in the southern Chinese territory.
Las Vegas-based MGM Resorts International could plow almost $10 billion into a Japanese casino via a publicly traded real estate investment trust, its chief executive said on Monday, as Tokyo inches closer to legalizing the industry.
When card-carrying customers of Station Casinos make their way to any of the company’s 20 properties — including the Palms — on Tuesday, they’ll be able to earn points and spend them on most non-gaming amenities under the new My Rewards program.
Visitor volume continued on a torrid pace in September, driven by strong convention business that could reach record levels for the year, the Las Vegas Convention and Visitors Authority reported Thursday. Also, state gaming win inched upward in September.
The company that owns and is investing heavily in the Tropicana resort on the Strip reported improved third-quarter revenue and earnings Thursday.
About 200 people attending a two-day conference on the business side of wildly popular e-sports competitions got the first look at the 15,000-square-foot arena space under construction at downtown’s Neonopolis.
The state Gaming Control Board confirmed Wednesday that it has made inquiries about a published report that casinos operated by Las Vegas Sands Corp. allowed high-stakes Chinese players to bet millions of dollar using other people’s names.
Taverns operated by Golden Entertainment Inc. are the first Southern Nevada locations for StarBar video gaming devices, which contain a variety of table games.
Hedge fund Trilogy Capital Management, the last holdout bondholder of Caesars Entertainment Corp.’s bankrupt operating unit, has agreed to support the casino group’s restructuring and halt litigation.
Have animal rights activists altered the landscape of nongaming amenities in Las Vegas?
Station Casinos will donate $100,000 to 10 elementary schools Monday through its Smart Start partnership with the Clark County School District.
A federal judge ruled on Friday that poker pro Phil Ivey and a companion violated state gambling regulations in the way they won nearly $10 million at cards at an Atlantic City casino
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