Wynn Resorts Ltd. named its head of corporate finance as the company’s chief financial officer.
Casinos & Gaming
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Caesars Entertainment Corp. completed sale Tuesday of Harrah’s New Orleans to Caesars Growth Partners after receiving approval from the Louisiana Gaming Control Board.
New Jersey wants stricter licensing requirements for companies that handle Internet gambling deposits and payments, in the hope it would make banks more willing to let online bettors use credit cards.
Wall Street experts have seen the future of Atlantic City — and it has fewer casinos in it.
Internet gambling in the United States is off to a slower start than many had imagined, but regulators and industry observers expect it will flourish in time.
Just as the recession began to grip Las Vegas in 2008, gaming executive Terry Lanni made a prediction.
The Massachusetts Gaming Commission released its written decision Thursday denying Boston residents the right to vote on casino proposals for neighboring Revere and Everett, as casino opponents called for a state investigation into the Boston-area casino licensing process.
Bally Technologies replaced CEO Ramesh Srinivasan Thursday with Richard Haddrill, the company’s former CEO and current board chairman.
After a nearly-six year ownership, German investment house Deutsche Bank announced Thursday it was parting ways with the Cosmopolitan of Las Vegas, the stylish — but unprofitable — Strip hotel-casino and the last megaresort to open after the recession tore apart the gaming industry.
Hakkasan Group announced Wednesday it will close Pure on May 26 for an extensive renovation and expansion and that it will open in 2015 under a new name and concept.
New Jersey’s fledgling Internet gambling industry saw its first monthly decline, falling slightly to $11.4 million in April.
Weather issues that have played havoc with regional gaming markets were blamed for Affinity Gaming’s revenue decline during the first quarter.
Las Vegas-based Full House Resorts won’t buy Fitzgerald’s Casino in Tunica from Majestic Star Casino LLC.
Las Vegas-based Cannery Casino Resorts has sold its Pennsylvania racetrack casino for $465 million to Penn National Gaming’s real estate investment trust spin-off.
Anytime the investment community gets downwind of a potential hiccup in the Macau gaming market, a slash-and-burn mentality sets in.