Penn National Gaming’s plan to split the regional casino giant into two publicly traded companies was granted preliminary approval by Nevada gaming regulators Wednesday.
Casinos & Gaming
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The outgoing chief financial officer for Las Vegas Sands Corp. cashed out almost $7.7 million in company stock the day after it was announced that he was leaving the casino operator.
After nearly a decade of debate, a central California Indian casino project backed by Station Casinos moved a step closer last week toward actual development activities.
Wynn Resorts Ltd. said Monday that the U.S. Securities and Exchange Commission has concluded its inquiry into allegations that the Las Vegas-based gaming company made an improper donation to the University of Macau Development Foundation.
The chief of the Gaming Control Board’s enforcement division is retiring at the end of August after more than two decades with the state agency.
Most people still think the U.S. gambling industry is anchored in Las Vegas, with its booming Strip and 24/7 action, a place where years of alluring marketing campaigns have helped scrub away the taint of past corruption.
WASHINGTON — The wall of framed photos with political heavyweights from Ronald Reagan and Margaret Thatcher to Barack Obama — reputedly one of the more impressive collections in town accumulated over 30 years — has been taken down.
Life is about to get more complicated for Caesars Interactive Entertainment CEO Mitch Garber.
International Game Technology will deliver 1,500 video lottery terminals to the Oregon State Lottery in 2014, a deal one Las Vegas-based gaming analyst described Wednesday as “a modest positive.”
The iconic Hard Rock brand that is so familiar to Canadian tourists on the Strip is coming to Vancouver.
Macau gaming revenue grew 21.1 percent in June, as the world’s largest casino market continues to benefit from a nonstop supply of middle-class Chinese gamblers eager to place their bets in the former Portuguese colony.
Slot machine maker International Game Technology agreed Monday to reimburse a group headed by Wall Street analyst turned investor Jason Ader up to $2.5 million for expenses incurred during the recent proxy fight earlier this year.
Las Vegas-based Ultimate Gaming signed a partnership agreement with the company that operates the Trump Taj Mahal in Atlantic City to bring pay-to-play regulated Internet wagering to New Jersey.
HONG KONG — Members of a congressional advisory panel believe U.S. regulators should tighten scrutiny of casino companies operating in Macau, the world’s top gambling market, because of the risk of money laundering.
The Stamis family, which has owned landmark locals casino Jerry’s Nugget for five decades, will get two more months in its effort to maintain control.
