Casinos & Gaming
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From the outside, Dotty’s Gaming & Spirits looks like any of the hundreds of taverns operating throughout the Las Vegas Valley. The inside is what concerns some of the larger casino companies, a Clark County commissioner, and rival tavern operators.
Shares of Wynn Resorts Ltd. gained almost 5 percent on Thursday after the casino operator was upgraded at JP Morgan to “overweight” from “neutral.”
A hearing officer says Wynn Las Vegas violated federal labor law when it fired a union leader last year.
Caesars Entertainment Corp. Vice President and Chief Financial Officer Jonathan Halkyard is optimistic about 2011.
Analysts, casino executives and politicians emerged from opening night at The Cosmopolitan of Las Vegas with generally positive impressions of the Strip’s newest hotel-casino even as gambling continued early Thursday morning.
Herbst Gaming is expected to emerge from bankruptcy by the end of the year — without a Herbst at the helm. The Nevada Gaming Commission on Thursday signed off on the court-approved reorganization plan for the casino company and slot machine route operator.
Cosmopolitan of Las Vegas opened its doors to the public on schedule Wednesday, as curious locals joined tourists in exploring the Strip’s latest hotel-casino and likely its last one to open over the next decade as Las Vegas and the gaming industry recover from a weak economy.