Peter Erickson worries a suggested move by the Internal Revenue Service to lower the reporting level for gambling winnings will change his casino habits.
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A New Jersey college that bought the closed Showboat Atlantic City from Caesars Entertainment Corp. last year with plans to turn the shuttered casino into a college campus has sued the gaming company for $22 million in damages.
Casino operator Nevada Gold announced late Friday it would acquire the Club Fortune Casino in Henderson.
Builders started pouring the concrete foundation last week for Lucky Dragon, a nine-story, 201-room boutique hotel squeezed between the Golden Steer restaurant and the Allure condominium tower.
A decade ago, activist hedge funds had $10 billion invested in proxy fights that sought to influence board of directors elections, switch out management, or change the financial direction of a business.
On game days for the Real Madrid soccer team, the area surrounding Estadio Santiago Bernabéu is an outdoor festival. Located near the city’s financial district, fans of the club gather with intense passion.
The Teamsters Union said it was suspending a picket line at SLS Las Vegas but threatened to resume the protest if it can’t organize some 50 valet parking employees at the Strip resort.
Caesars Entertainment Corp. is making payments to a portion of the company’s current and former employees who lost a combined $78.6 million in deferred compensation when the casino giant’s largest operating unit filed Chapter 11 bankruptcy in January.
Casino operator Affinity Gaming formally rejected a buyout offer proposed by the company’s largest shareholder, saying the price was too low.
Gaming industry chief lobbyist Geoff Freeman warned Thursday against restricting the use of federal government credit cards in casinos, calling the idea an overreaction to an audit that found thousands of questionable transactions.