Last week’s news that Genting Group had bought the moribund Echelon property and would build out a $2 billion to $7 billion Strip hotel-casino complex was hailed as good news for recession-weary Las Vegas.
Casinos & Gaming
For the latest Las Vegas casino and gaming industry news and headlines visit reviewjournal.com.
I admit when I’m wrong.
Kazuo Okada, chairman of Universal Entertainment Corp., and three other directors of the Japanese gaming company will be in Las Vegas next week for a closed-door hearing with Nevada gaming regulators, the Review-Journal has learned.
Gaming revenues in January fell 12.4 percent statewide and 18.7 percent on the Strip based on a challenging comparison to figures produced by Nevada’s resort industry a year ago.
NEWARK, N.J. — Gov. Chris Christie says he’ll take the fight to legalize sports gambling in New Jersey to the U.S. Supreme Court, if necessary.
BMM Testlabs, the international gaming product testing laboratory company, celebrated its new relocated Las Vegas headquarters with a ribbon-cutting Thursday and plans to hire about 100 workers in the next two years.
MGM Resorts International terminated its agreement to manage a hotel-casino development in Vietnam that is partially owned by Pinnacle Entertainment.
In a rerun of five years ago, Las Vegas Sands Corp. Chairman and CEO Sheldon Adelson will be the lead witness in the breach-of-contract case brought by one-time consultant Richard Suen.
Affinity Gaming said Wednesday a lawsuit filed by its largest shareholder lacked merit.
Full House Resorts Inc. on Wednesday reported a fourth-quarter loss, as the gaming company completed its acquisition of the Silver Slipper Casino in Mississippi on Oct. 1 and recorded a slight dip in revenues at its Northern Nevada casinos.
The Gaming Control Board spent almost two hours Wednesday delving into the background of European online gaming operator 888 Holdings, which is seeking an interactive Nevada gaming license.
Wynn Resorts Ltd., the gaming company controlled by Steve Wynn, retracted some accusations made in a lawsuit against his former business partner, Kazuo Okada, according to a statement released Wednesday by Okada.
The largest shareholder in Affinity Gaming has sued the casino operator’s board of directors, saying changes in the company’s governance have breached fiduciary responsibility.
International Game Technology stockholders re-elected seven of the slot machine giant’s current board members but also selected one nominee proposed by a dissident group of shareholders.
Caesars Entertainment Corp. offered to sell the off-Strip Rio and the World Series of Poker to PokerStars, a spokesman for the owner of the online gaming business claimed in an email Tuesday. The statement came a day after American Gaming Association attorneys wrote in a legal brief that PokerStars had been a “criminal enterprise for many years.”
