Mark Lerner admits he didn’t know much about gaming when he moved to Las Vegas in 1980 to begin his legal career. Now, 34 years later, he considers himself “the most investigated and licensed person on planet Earth” by casino regulators worldwide.
Casinos & Gaming
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2014 is the fourth year of a five-year grace period New Jersey Gov. Chris Christie has given the seaside gambling resort to reverse its struggling fortunes before he considers expanding casinos to other parts of the state — something casino executives fear will cripple the wobbly market.
Global Cash Access Inc. has renewed its cash services contract with MGM Resorts International, an agreement one analyst believes could be worth up to $8 million in additional revenue in 2014.
Nevada’s casino market grew revenues almost 12 percent during November, the third monthly increase over the past four months.
If you like good news, 2013 had it.
Wynn Resorts Ltd. moved one step closer to breaking ground on its proposed $1.2 billion Wynn Everett project in Massachusetts, passing a suitability step that is critical to getting a gaming license.
With the distinct smell of Black & Mild cigar smoke wafting through the air, O’Sheas Casino reopened Friday morning on the Las Vegas Strip, just in time for New Year’s Eve.
Bally Technologies Inc. received some coal in its Christmas stocking this year, as gaming regulators filed a complaint accusing the slot machine manufacturer and operator of failing to register employees with the state.
Nevada Gold &Casinos Inc., a Las Vegas-based gaming company, expects to begin the new year in a stronger financial position after refinancing its long-term debt with a new five-year, $12.75 million revolving line of credit.
MGM Resorts International and its partners Monday were deemed suitable to operate a casino in Massachusetts, a crucial ruling by the state’s gaming commission that brings MGM’s $800 million resort in Springfield one step closer to reality.
CAMDEN, N.J. — A slowdown brought on by the rapid proliferation of casino gambling in the northeastern United States claimed its first victim in New Jersey on Monday when a federal bankruptcy judge approved the sale and shutdown of Atlantic City’s Atlantic Club Casino Hotel.
Retired soccer star and sometime underwear model David Beckham has signed on to help promote Las Vegas Sands’ properties in Singapore and the Chinese gambling enclave of Macau.
Rather than having only International Game Technology executives tout the company’s products to the investment community, the company put its customers on the hot seat.
MGM Resorts International won a license for a new casino near the nation’s capital in Maryland on Friday. A state commission voted 5-2 in favor of MGM’s proposal to build a $925 million resort near the Potomac River at National Harbor.
Two days after national retailer Target said credit and debt card information for some 40 million customers was stolen in a security breach, casino operator Affinity Gaming said Friday it suffered a similar episode.