The Nevada Gaming Control Board on Wednesday filed a two-count, 14-page complaint against Las Vegas Sands Corp. that could result in a $2 million fine for the company.
Casinos & Gaming
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The Nevada Supreme Court ruled Wednesday that Clark County District Judge Elizabeth Gonzalez may continue to preside over a wrongful termination lawsuit filed by former Sands Macau executive Steven Jacobs against the Las Vegas Sands Corp.
Station Casinos parent company Red Rocks Resort Inc. has escalated the battle for Las Vegas locals casino dominance by acquiring the Palms for $312.5 million.
In the late 1970s, as Jimmy Vaccaro tells the story, there were times when ticket writers in Strip sports books would fall asleep behind the counter because there was so little action. And that was Super Bowl week.
A gaming manufacturer has relocated its operational headquarters from Eastern Canada to Las Vegas. DEQ Systems Corp., which was founded in 2002, moved into 5,000 square feet of office space at 6140 Brent Thurman Way in April.
A visitor from Texas will be returning to the Lone Star State with a little more money in his pocket — $1, 027, 739.84, to be exact.
Golden Entertainment, which owns four casinos and 50 taverns across Nevada, Maryland and Montana, on Thursday reported net income of $2.2 million, or 10 cents per share, in the quarter that ended March 31. That compares to a net loss of $1.7 million, or 13 cents a share, in the first quarter of 2015.
Caesars Entertainment Corp. on Thursday posted a first-quarter loss, reversing year-earlier income.
Wynn Resorts Ltd. said Thursday that it reversed a quarterly loss, reporting net income of $75.2 million in the first quarter compared with a loss of $44.6 million in the first quarter of last year.
New Jersey’s tortured effort to help Atlantic City avoid going broke devolved into chaos Thursday as a planned vote was canceled, and leaders disagreed over whether an effort to seek a compromise deal was in the offing.
MGM Resorts International’s first-quarter revenue and earnings per share fell sharply from a year ago, though both beat Wall Street expectations.
The Linq Hotel on the center Strip said Friday it plans to offer bunk beds with “hip technology and chic decor.”
A year ago Thursday, representatives of the Genting Group were celebrating on the Strip at the ceremonial groundbreaking for the $4 billion Resort World Las Vegas. Since then, there have been few visible signs of progress on what is projected to be a 3,000-room resort that would include a 56-story tower.
Shares of U.S. casino operators rose Monday as monthly Macau gambling revenue fall less than feared.
Financially strapped Atlantic City scraped together enough money to make a $1.8 million bond payment Monday morning, narrowly avoiding becoming the first New Jersey municipality to default on its debt in 78 years. Mayor Don Guardian likened the city’s desperate state to rummaging around the sofa cushions in search of stray cash.
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