GTECH Holdings’ $6.4 billion buyout of slot machine giant International Game Technology has met one of the conditions required for the transaction to be completed, the companies announced Monday.
Casinos & Gaming
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In his first meeting as chairman of the Nevada Gaming Commission, Tony Alamo Jr. turned the Sawyer Building conference room into a doctor’s office.
One of Nevada’s seven most-wanted cheats was recently taken into custody at the Sands Casino Resort in Bethlehem, Pa. But six remain. Here are their stories. Bright red letters spelling “CAPTURED” now cross out Chahine’s mug shot on the most-wanted list of the Nevada Gaming Control Board, which alerted other states about Chahine’s past. Now six photos remain — criminals still at-large and responsible for thousands in casino theft.
The Nevada Supreme Court on Thursday upheld a lower court ruling requiring Las Vegas Sands Corp. turn over documents in the company’s ongoing legal dispute with Steve Jacobs, who served as head of the company’s Macau operations until he was let go in 2010.
Operators of the SLS Las Vegas were recommended approval for a Nevada gaming license Wednesday that will return life to a Strip resort that has been closed since 2011.
Less than 10 months ago, Gavin Isaacs was jobless. By early next year, he expects to be CEO of a company that controls two of the top three slot machine manufacturers in world.
Caesars Entertainment Corp. filed a lawsuit Tuesday in New York against a group of the company’s institutional investors, claiming the bond holders are trying to block the casino operator’s debt restructuring efforts.
MGM Resorts International said its net income for the quarter that ended June 30 was $105.5 million, or 21 cents a share; net revenue grew 4 percent to $2.6 billion.
The American Gaming Association, the Washington D.C.-based trade organization, announced Tuesday a partnership with KidsAndCars.org, a leading national child safety organization.
The empty Strip land parcel that once housed the New Frontier has a new lease on life, but its future is still unclear. Australian billionaire James Packer said he acquired controlling interest in the nearly 35-acre site and will form a yet-to-be-named company to build a hotel-casino on the land.
TEANECK, N.J. — A new poll found that half of New Jersey residents oppose opening casinos outside Atlantic City.
QUAPAW, Okla. — An Oklahoma-based tribe is partnering with the owner of a Las Vegas hotel to reopen a track in southeast Kansas and convert it to a casino.
Australian billionaire James Packer said he has acquired controlling interest in a nearly 35-acre Strip land parcel and will form a company to build a hotel-casino on the site with former Wynn Las Vegas President Andrew Pascal and investment firm Oaktree Capital Management.
While a photographer adjusted lighting equipment, Aristocrat Leisure Ltd. CEO Jamie Odell relaxed in the Australian gaming equipment manufacturer’s south Las Vegas showroom and played a few free spins on a “Batman” slot machine.
Staind frontman Aaron Lewis, threw out the first dice roll at the much-anticipated Hard Rock Hotel & Casino Sioux City during the entertainment destination’s official grand opening event Friday night.