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The next phase of Las Vegas begins today in the Grant Sawyer Building when nearly a dozen representatives and executives from Genting Berhad, the Malaysia-based company that acquired the unfinished Echelon project on the Strip for $350 million 14 months ago, will face questions from the Gaming Control Board.
The name Dotty’s wasn’t mentioned once by Clark County commissioners as they tried Wednesday to tweak an ordinance that might stop the proliferation of slot parlors.
The Gaming Control Board told its license holders Tuesday that they cannot participate in Nevada’s medical marijuana business. In an industry notice posted to the Control Board’s website, the agency said the federal government views distribution, possession and sale of marijuana as a crime.
Gaming industry icon Burton Cohen died Monday at his home in the Regency Towers in the Las Vegas Country Club, sources tell the Review-Journal. During his 50 years in Las Vegas, Cohen ran a number of major casinos, including Desert Inn, Dunes and Frontier.
Caesars Entertainment Corp. announced a multipronged debt restructuring effort to deal with the most pressing portion of the company’s gaming industry-high $23 billion of long-term debt.
Las Vegas Sands Corp. Chairman Sheldon Adelson told nearly 1,00o hotel and hospitality students Monday that they needed to take risks if they wanted to succeed in business.
Casino operator Affinity Gaming reported a second breach into its system that processes customer credit and debit cards, but the Las Vegas-based company said it currently has “no evidence to indicate” that information was stolen.”
Look for Allegiant Air to introduce a co-branded credit card soon. Asked about whether the airline plans a loyalty program, President Andrew Levy said they wouldn’t have a traditional frequent-flier club, but a credit card that would reward customers with incentives.
Remember the photo from the 2012 Summer Olympics of U.S. gymnast McKayla Maroney, standing on the medal podium after taking silver in the vault finals, arms crossed, lips pursed to the side, with a look of disappointment? The investment community might give giant International Game Technology the same disdainful look.
Somehow, “What happens in Crimea, stays in Crimea,” doesn’t seem like an appropriate catchphrase. In April, a month after Russia forcibly annexed the Black Sea peninsula away from Ukraine, President Valdimir Putin said he wants to turn the territory into his own version of Las Vegas.
The Rampart Casino increased its gaming offerings April 19, opening a new bingo room that can accommodate 300 people, with another 40 in a separate, glass-enclosed smoking room.
Las Vegas Sands Corp. ended speculation Friday that it was looking to sell its Pennsylvania casino, saying the company plans further financial investment into the property, while naming a former Atlantic City casino executive to head the resort.
The Macau casino industry didn’t produce a third straight $4 billion gaming revenue month in April, but the final total and double-digit increase were enough to ease worries of a market slowdown.
Las Vegas-based gaming equipment manufacturer Bally Technologies Inc. continued to ride its acquisition of SHFL entertainment to record revenue for its third quarter of 2013.
Wynn Resorts Ltd. chairman and CEO Steve Wynn said in a conference call on Thursday that he was “feeling good about Las Vegas, better than I had in the past.”
