Caesars Entertainment Corp. announced Monday it is partnering with a New York City-based luxury hotel operator in the
$185 million redevelopment of the now-closed Bill’s Gamblin’ Hall.
Casinos & Gaming
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Stratosphere owner American Casino and Entertainment Properties grew its net loss in the fourth quarter, blaming softness in hotel occupancy and a lower gaming revenues in the Las Vegas locals market.
Transforming the Rat Pack-era Sahara into the luxury-boutique SLS Las Vegas may be the smoothest aspect of this process started by Los Angeles-based SBE Entertainment in 2007. The company plans to unveil the 1,620-room SLS Las Vegas in fall 2014.
Bob Miller didn’t think much of the casino concept proposed to his father.
A potential proxy fight over control of Affinity Gaming involves the company’s two largest shareholders with separate proposals for changing the makeup of the casino operator’s board of directors.
He’s back.
ATLANTIC CITY — Kevin DeSanctis, who guided Atlantic City’s Revel casino-hotel through its tortuous development only to see it struggle in the cutthroat East Coast gambling market, is stepping down as head of the $2.4 billion resort.
The New Jersey Casino Control Commission postponed a vote Wednesday that could allow the American Gaming Association to participate in the licensing case of PokerStars’ purchase of a failing Atlantic City casino.
Attorneys for online gaming giant PokerStars said an attempt by the American Gaming Association to block the company from buying a failing Atlantic City casino was a “thinly veiled anti-competitive campaign” to keep new ownership out of the market.
Nevada Gold & Casinos Inc. on Tuesday posted a third-quarter profit, as the company continues to pay down debt, adjust operations at its casinos and slot routes, and complete its restructuring program.
Timothy Poster resigned as chief operating officer of Wynn Las Vegas on Monday, less than a month after he was promoted to replace Maurice Wooden. Wooden is president of Wynn Las Vegas and Encore.
The Federal Trade Commission signed off Monday on the Scientific Games Corp.’s $1.5 billion acquisition of slot machine maker WMS Industries.
ATLANTIC CITY — In a pretty dismal month for Atlantic City’s casinos, there was some good news: The struggling Revel might be turning things around.
A Las Vegas-based gaming company has sent a letter to Toronto’s city manager expressing its interest in building a luxury casino-resort.
