More than 3,000 Culinary union members took to the Strip on Friday, blocking three lanes of traffic in front of The Cosmopolitan of Las Vegas.
Casinos & Gaming
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Macau’s casino industry shattered its single-month gaming revenue record in October, taking an eye-popping $4.6 billion in pre-tax winnings. That’s roughly 75 percent of the total taken in 2012 by the entire Las Vegas Strip.
Nevada casinos recorded their second straight monthly gaming revenue increase during September, which included the Strip’s second straight double-digit hike.
MGM Resorts International reduced its net loss in the third quarter as the Strip casino giant was helped by increased results from the company’s gaming operations in Las Vegas and Macau.
The legal feud between Wynn Resorts Ltd. and former largest shareholder Kazuo Okada went into hibernation for another six months on Thursday amid concerns about the safety of witnesses in a parallel criminal inquiry by federal prosecutors.
Galaxy Gaming Inc. has received approval from the Mississippi Gaming Commission to begin distributing its High Card Flush table game throughout the state.
Counselors and advocates for gamblers who struggle with their addictions are turning their attention to military veterans.
A $761.4 million quarterly loss by Caesars Entertainment Corp. wasn’t on Wall Street’s mind Tuesday. Analysts wanted insight from Chairman Gary Loveman on Caesars’ highly public exit 10 days ago from a proposed $1 billion Boston-area casino development.
Wynn Resorts Ltd. on Tuesday won dismissal of one piece of the case brought by former largest shareholder Kazuo Okada, as the all-out legal war between the two starts to come out of hibernation.
How do you know the economy is coming back? High rollers are paying their gambling debts.
Cantor Gaming officials declined to comment Monday on a report that federal agencies are investigating the sports betting firm in connection with alleged money laundering.
Seth Schorr’s vision for the Downtown Grand Las Vegas was always different from the typical resort. The hotel-casino, which blends into the urban core of downtown more than other properties, opened on Sunday as the first guests checked in, restaurants opened, and the race and sports book took its first bet.
Has there ever been a gaming company that suffered through a worse 72-hour period than Caesars Entertainment Corp.?
A national survey conducted on behalf of Las Vegas Sands Corp. found that 67 percent of those questioned are opposed to legalizing Internet gaming.
As Wynn Resorts Ltd. exceeded analysts’ predictions, earning $1.79 per share in the third quarter, Steve Wynn expressed frustration with Pennsylvania and Massachusetts, where “freshman” regulators worry “a gangster might get in.”