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Casinos & Gaming

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

Macau gambling revenue drops for 26th month in July

Macau posted a drop in gambling revenue in July, stretching declines for a 26th consecutive month, as wealthy gamblers continued to steer clear of the world’s biggest casino hub.

Chinese consortium agrees to $4.4 billion deal for Caesars online games

A Chinese consortium that includes game developer Shanghai Giant Network Technology and e-commerce company Alibaba Group founder Jack Ma has agreed to acquire Caesars Interactive Entertainment Inc’s online games unit for $4.4 billion in cash, the companies said.

Nevada casinos end 2016 fiscal year with $11.1 billion gaming win

Nevada casinos posted a strong 6.8 percent gaming win in June, helping the state’s major industry eke out a tiny 0.66 percent gain for the fiscal year that ended June 30, the state Gaming Control Board reported Friday.

THE LATEST
Wynn praises features of new Macau resort

On the verge of Wynn Resorts’ opening of a 1,700-room resort on Macau’s Cotai Strip next month, the Las Vegas company reported an improved financial performance for the Chinese enclave and second-quarter earnings that surpassed analysts’ expectations.

Revamped Klondike Sunset Casino gains licensing OK

A rejuvenated Klondike Sunset Casino in Henderson was licensed Thursday by the Nevada Gaming Commission and plans to open for business Wednesday at 6 p.m.

Nevada gaming regulators OK $1.5M settlement with CG Technology

Nevada gaming regulators on Thursday approved a $1.5 million settlement with sports book operator CG Technology to resolve a complaint about underpayments on its computerized betting system.

Slot maker IGT has better second quarter than expected

IGT, the London-based slot machine manufacturing giant, reversed a second-quarter loss with higher revenue totals than expected by Wall Street analysts, the company announced Thursday.

Sands to open The Parisian in Macau on Sept. 13

Las Vegas Sands Corp. will open The Parisian, a resort embellished with a half-scale replica of the Eiffel Tower, in Macau on Sept. 13.

Bookmaker William Hill confirms approach from Rank and 888

British bookmaker William Hill gave a frosty response to a proposed takeover bid from 888 Holdings and Rank Group on Monday, saying it saw little merit in the merger.

Governor plans to leave on trade mission to Australia on Monday

Gov. Brian Sandoval plans to leave Monday for Australia along with more than 30 Nevada representatives on a mission designed to enhance trade partnerships that will focus on water technology and commercialization, tourism and gaming.

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