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A second group of Caesars Entertainment Corp. lenders and bondholders said it wants to unravel the deals used to create the company’s growth-oriented affiliate.
Las Vegas Sands Corp. is increasing scrutiny of Macau junket operators in a move that may lead to a shakeout among the middlemen who account for two-thirds of the betting in the world’s largest casino hub, a person familiar with the matter told Bloomberg News.
Nearly a year after the launch of real money online poker in Nevada, there’s a new wave of players who must pay taxes on Web poker winnings from 2013.
In a letter to the congressional leadership and copied to all members of Congress, the National Conference of State Legislatures said it is opposed to the Restoration of America’s Wire Act, which was introduced last month.
Las Vegas Sands Corp. is unveiling a multimillion-dollar global philanthropic effort that signifies the gaming company’s presence internationally but was also designed to address needs in the casino operator’s home communities.
An unfinished Strip condominium tower between the Venetian and Palazzo may soon see a new life. But Las Vegas Sands Corp. President Michael Leven said it was still unclear what the company plans to do with the building that has been covered the past three years by a “million-dollar” tarp.
Macau’s gaming market didn’t show any slowdown in March after February’s Chinese New Year holiday, growing revenue 13.1 percent during the month, according to figures released Tuesday by the Gaming Inspection and Coordination Bureau.
ALBANY, N.Y. — Applicants for the four upstate New York casino licenses must provide resolutions of support from local lawmakers and be able to pay licensing fees that will run as high as $70 million, state gambling regulators said Monday.
The Cosmopolitan casino plans to start broadcasting the animated artwork of British artist Tracey Emin on its LED billboards every hour for 3 minutes.
Las Vegas is getting smaller. That is, if you call 1,600-room and 1,100-room Strip hotels “boutique” properties. By the end of the year, Las Vegas will have about a half-dozen hotel-casinos that operators classify as “boutique,” “luxury” or “lifestyle” in their marketing efforts.
You have to hand it to online gaming giant PokerStars.
Las Vegas-based Affinity Gaming on Friday reported a continued slide in earnings across 11 properties last year.
Nevada casinos went into February facing a comparison to the state’s largest gaming revenue month in almost five years and a baccarat revenue month that was an all-time record.
Caesars Entertainment Corp. filed paperwork with the Securities and Exchange Commission Thursday to sell an additional 7 million shares of stock.
Members of the Culinary and Bartenders unions voted Thursday to authorize a strike at 10 downtown Las Vegas casinos and two other properties, though they have not determined when strikes could begin. The authorization comes after a more than a year-and-a-half of negotiation with the casinos, said Culinary Local 226 spokeswoman Bethany Khan.
