Former World Series of Poker champion Chris Ferguson, whose career has been derailed for almost three years following the U.S. government’s crackdown on Internet poker, has settled with federal prosecutors.
Casinos & Gaming
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Wynn Resorts Ltd. reported Friday that its shareholders voted overwhelmingly to remove Kazuo Okada from its board of directors.
Kazuo Okada, co-founder and one-time largest shareholder in Wynn Resorts Ltd., resigned Thursday from the gaming company’s board of directors, just one day before a shareholder vote likely would have removed him.
The Nevada Gaming Commission’s planned meeting for today has been moved to next Tuesday.
Caesars Entertainment Corp. Chairman Gary Loveman kicked off the company’s new hiring initiative Wednesday by introducing six employees ranging from senior level executives to frontline casino workers.
Frank Fahrenkopf, who will step down in June after 18 years as president and CEO of the American Gaming Association, said Wednesday he believes a comprehensive federal bill legalizing online poker will be brought back to Capitol Hill this year.
Nevada Gold & Casinos Inc. on Wednesday joined a crowded space online with the launch of its Gold Star Slots, a free-to-play casino app on Facebook. The company’s new iGaming site enables players to play slots while introducing them to their properties in South Dakota and Washington.
MGM Resorts International Chairman Jim Murren said the casino operator wouldn’t be opposed to selling one or more of its properties in Las Vegas or elsewhere if the numbers were to pencil out.
A proxy voting advisory firm has recommended shareholders of slot machine giant International Game Technology re-elect five of the company’s eight board members along with a candidate nominated by a dissident group of shareholders.
Revel, the casino many people had hoped would turn around Atlantic City’s sagging fortunes, said Tuesday it will file for Chapter 11 bankruptcy protection in March, less than a year after opening.
LAVALLETTE, N.J. — Gov. Chris Christie said Tuesday that he will quickly sign an Internet gambling bill if lawmakers make the changes he wants to the legislation.
Station Casinos on Tuesday announced a planned $500 million private debt offering that would pay off older notes while extending due dates by three years.
The death of Los Angeles Lakers owner Jerry Buss was felt not only in the sports world, but within the poker community.
A recent ranking of the top 20 gaming companies based on market capitalization had one distinctive flavor.
Net revenue increased 6 percent at the Las Vegas Tropicana last year because of double-digit gains in casino and room revenues, the company said.