Binion’s, one of Las Vegas’ longest operating casinos, located at 128 Fremont St. in downtown Las Vegas, has withstood economic downturns and a turbulent history. It’s celebrating its 65th anniversary this month.
Casinos & Gaming
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A strike that helped persuade billionaire Carl Icahn to close Atlantic City’s Trump Taj Mahal casino helped drive revenue down by 8.2 percent in July.
Key financial metrics inched upward for nearly every division and category in the second quarter for American Casino & Entertainment Properties, parent company of the Stratosphere.
Amaya Inc., owner of gambling websites PokerStars and Full Tilt, said Chief Executive David Baazov, who was charged with insider trading by Quebec’s securities regulator, stepped down on Thursday.
Nevada casino customers inched closer Thursday to being able to sign up for and fund a wagering account that could be used to gamble at slot machines, table games and bingo parlors.
Gaming Partners International Corp., a Las Vegas-based casino currency and table gaming equipment provider, on Thursday posted second-quarter earnings, reversing a year-earlier loss.
Gov. Chris Christie thinks the U.S. Supreme Court should decide whether New Jersey can legalize sports betting. He commented Wednesday while co-hosting a sports-talk radio show.
State gaming regulators have recommended approval of Caesars Entertainment’s plan to convert its operating and real estate corporations into limited liability companies.
Former National Basketball Association Commissioner David Stern, a supporter of legalized sports wagering, will address next month’s Global Gaming Expo in Las Vegas.
New Jersey’s latest shot at legalized sports betting suffered a significant setback Tuesday, when the U.S. Third Circuit Court of Appeals upheld the prohibition of sports gambling in that state by a 10-2 vote.
The 3rd U.S. Circuit Court of Appeals ruling invalidated a law enacted by New Jersey in 2014 that would have allowed sports betting at casinos and racetracks. The court found New Jersey’s law repealing prohibitions against sports gambling violated the 1992 Professional and Amateur Sports Protection Act, which forbids state-authorized sports gambling.
The site’s rich 60-year history of failed development attempts show the next developer must be better at forming and maintaining relationships, both internally within the project and externally with the black community surrounding the site.
Thousands of people enjoyed fireworks on Friday in celebration of the 50th anniversary of Caesars Palace.
The closure of Atlantic City’s Trump Taj Mahal casino, planned for Oct. 10, may help bolster the arguments of both sides in a referendum over putting casinos in northern New Jersey.
Las Vegas may unwittingly benefit from the outbreak of the Zika virus in South Florida as Southern Nevada’s already seeing a surge in business this summer, especially from Asia and business travelers.
