The Indiana Horse Racing Commission unanimously approved Eldorado Resorts Inc.’s acquisition of Caesars Entertainment Corp. Monday.
Richard N. Velotta
Richard N. “Rick” Velotta has covered business, the gaming industry, tourism, transportation and aviation in Las Vegas for 25 years. A former reporter and editor with the Las Vegas Sun, the Ogden (Utah) Standard-Examiner, the Arizona Daily Sun in Flagstaff and the Aurora (Colo.) Sun, Velotta is a graduate of Northern Arizona University where he won the school’s top journalism honor. He became the Review-Journal's assistant business editor in September 2018.
The Indiana Horse Racing Commission will have a critical role in determining support for Eldorado Resorts Inc.’s acquisition of Caesars Entertainment when it meets Monday.
The Cosmopolitan of Las Vegas may be gearing up for layoffs, but representatives of the company downplay the significance of the notification.
The conditional approval of the $17.3 billion deal was unanimous, but the new company will have to divest three properties and maintain its job level for three years.
President and CEO Steve Hill, who voluntarily took a 10 percent pay cut when the pandemic set in, wasn’t really expecting a raise when the new fiscal year began.
The state Gaming Control Board on Wednesday unanimously backed Reno-based Eldorado Resorts Inc.’s $17.3 billion bid to acquire Caesars Entertainment Corp. and build the world’s largest casino operation.
The new-to-Nevada PeakBarTop units with a design that includes a 23-inch curved, full-HD display and a front-mounted ticket printer are in use at six local properties.
“The failure to wear your mask at work will be grounds for termination,” an internal message from Caesars CEO Tony Rodio reads.
Nevada’s Occupational Safety and Health Administation has conducted nearly 1,000 field observations since June 26 and determined high levels of noncompliance.
Former regulators and industry analysts weigh in on whether Nevada has done the best job of preparing for and responding to virus health and safety procedures in casinos.
While analysts try to determine if it’s a trend or an aberration, the percentage of people seeking out Las Vegas for its gambling is growing, a new study says.
Owner Caesars Entertainment Corp. says the property is executing its health and safety protocols to address new cases, but didn’t disclose where the employees worked.
Macao endured its lowest monthly gaming revenue and worst percentage decline from the previous year in its history in June.
Special meetings to consider approval of Eldorado Resorts Inc.’s $17.3 billion acquisition of Caesars Entertainment Corp. have been set in Nevada.
Analysts knew May gaming win was going to be off, since casinos were closed and only sports apps and online poker provided revenue. But the $5.8M win was still a jolt.
