Macau shattered its single-month record for gaming revenue in February, collecting $4.8 billion from gamblers attracted to the market for the Chinese New Year celebration.
Casinos & Gaming
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Las Vegas Sands Corp. Chairman Sheldon Adelson, whose net worth grew to $38 billion in 2013, returned to the top 10 of the Forbes List of the World’s Billionaires for the first time since 2007.
Florida is back in play, but no one really seems to care.
Legally protected data were stolen from customers and employees of Las Vegas Sands Corp.’s casino in Bethlehem, Pa., following last month’s sophisticated cyber attack on the casino operator’s internal computer operations.
Table game provider Galaxy Gaming said it settled its legal issues with Bank of America over a disputed business loan.
Nevada gaming revenue declined 2.76 percent in January to $884.2 million while Strip gaming revenue fell 1.4 percent to $499.8 million, but analysts say the numbers don’t tell the full story.
A legislative interim study committee tasked with looking at the impact of technology on the casino industry launched a debate Thursday on whether or not Nevada’s more than 2,000 restricted gaming locations rely too heavily on slot machines as a revenue source.
The state Supreme Court ruled 5-0 on Thursday that the Las Vegas Sands does not have to give confidential company information to Steven Jacobs, the fired former president of Sands Macau.
Members of a powerful Las Vegas hotel union are planning a vote next month that could empower organizers to call for a strike. The Culinary union is negotiating over contracts that cover about 10,000 Las Vegas workers.
Voters in Revere approved a resort casino proposal on Tuesday, keeping alive Mohegan Sun’s $1.3 billion project and setting the stage for a competition with Wynn Resorts for the sole eastern Massachusetts resort casino license.
The governors of Nevada and Delaware are signing an agreement Tuesday morning that will join their states in a partnership for online poker.
Caesars Entertainment Corp.’s $185 million renovation of a center-Strip mid-market casino into The Cromwell, an upscale boutique hotel-casino, opens May 21, the gaming company announced Monday.
Lost in the heated rhetoric over the expansion of Internet gaming is a harsh reality.
When Springfield, Mass., needed to choose who would build its first casino, the city hired an outside adviser to help with the process.
Prepaid debit cards — tied to a casino customer’s rewards account — have been approved for wagering on Nevada slot machines following changes in state gaming regulations.