Las Vegas Sands Corp. canceled plans for a $30 billion resort and gaming complex in Madrid Friday, saying the so-called EuroVegas development was no longer in the best interests of the company’s shareholders.
Casinos & Gaming
For the latest Las Vegas casino and gaming industry news and headlines visit reviewjournal.com.
The BCS championship game featuring Auburn and Florida State will fuel plenty of sports book betting this year. After that, the books expect good action on the Sugar Bowl, the Rose Bowl and the Orange Bowl.
A New Jersey gaming advisement firm disputed a claim raised in a lawsuit by Caesars Entertainment Corp. that it told Massachusetts regulators the casino operator should be found suitable to operate a Boston-area resort complex.
Caesars Entertainment Corp. filed a lawsuit against Massachusetts Gaming Commission Chairman Stephen Crosby, claiming the state’s top gaming regulator had several conflicts of interest that ultimately played into the casino giant’s departure from a proposed $1 billion Boston-area gaming complex.
Wells Fargo Securities gaming analyst Dennis Farrell Jr., who specializes in high-yield bonds, said Las Vegas Sands and Wynn Resorts Ltd. have the best credit profiles of any of the major casino operators, primarily because of their wholly owned Macau operations.
Circus Circus said Monday that it will open a new roller coaster in its Adventuredome in late January. The exact date was not announced.
The rift within the casino industry over Internet gambling was on full display Tuesday when U.S. House lawmakers explored whether there was any appetite for federal government action on Web-based gaming.
BOSTON — The investigative arm of the state gambling commission recommended on Monday that MGM Resorts be found suitable to proceed with a bid for a casino in downtown Springfield, provided company officials adequately explain to the five-member commission several concerns raised during a lengthy background check.
It has been two years since Massachusetts took steps to become the gaming industry’s next casino development destination, but cards haven’t left the dealing shoes and slot machines remain silent.
If Tim Poster’s suitability hearing in front of Nevada gaming regulators had been filmed for reality television, it might have saved that awful “The Casino” series he and business partner Tom Breitling had when they owned the Golden Nugget in 2004.
A developing tourism mecca in the heart of the Negev Desert could be a potential casino site, an Israeli official told the Review-Journal on Thursday.
Former Golden Nugget owner and Wynn Resorts Ltd. executive Tim Poster struck out Wednesday to gain a preliminary finding of suitability from Nevada gaming regulators, an initial step toward receiving a full-fledged gaming license.
Nevada Restaurant Services Inc., which operates more than 80 Dotty’s taverns statewide, was given preliminary approval Wednesday by the Gaming Control Board to acquire the Hacienda near Boulder City.
The Hacienda near Boulder City will be renamed the Hoover Dam Lodge, but the 390-room hotel-casino overlooking Lake Mead will close “for a few days” once its sale is finalized, possibly by next month.
Dennis Mathews, 44, picked up his first bowling ball at age 8 and has spent most of his life in a bowling center.