Everi Holdings Inc., the last gaming company to report first-quarter earnings, had just an 8.5 percent revenue decline in the virus-marred period.
Richard N. Velotta
Assistant Business Editor
Email: rvelotta@reviewjournal.com
Phone: (702) 477-3893
X: @RickVelotta
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.
Despite three nights of demonstrations on the Strip and in downtown Las Vegas, casino operators across the valley say they still plan to reopen as planned on Thursday.
Macao endured its eighth straight month of declining gaming revenue in May and, separately, Las Vegas Sands issued an SEC notice to investors of reduced profits.
Guests won’t have to wear face coverings, smoking will be allowed and social distancing protocols will be tough to uphold as Nevada gaming tries to get back to normal.
Everi Holdings Inc. and Scientific Games Corp. are on the verge of commercializing digital wallet products that could bring cashless gaming solutions to Nevada casinos.
LVCVA’s grim statistics reflect mandatory coronavirus closures, but June tourism shows early signs of promise.
Clark County win was down 99.5 percent from a year ago with the only win coming from scattered bets from companies with sports betting apps and online poker.
Work on what will be the tallest building in downtown Las Vegas, the Circa resort, will open on time in December, according to owner Derek Stevens.
The Las Vegas Convention and Visitors Authority is expecting half the room-tax revenue it received this fiscal year, leading to numerous cuts in the $206.6 million plan.
As promised Tuesday at a Gaming Control Board workshop meeting, regulators have updated the health and safety policies for reopening casinos June 4.
In a letter dated May 22, Boyd Gaming workers nationwide got word that they could be laid off as a result of the uncertainty of the economy in the coronavirus pandemic.
The state Gaming Control Board conducted a workshop meeting Tuesday to present further details about the target reopening date of Nevada casinos on June 4.
Jim Murren never thought he’d stay in or even like Las Vegas when he left his Wall Street gig in 1998. Now, he’s fighting for the city he loves in his task force role.
Room-tax revenue scenarios for the financing of Allegiant Stadium’s construction are a little less frightening, thanks to fund sequencing strategies adopted long before construction workers put a shovel in the ground.
Despite releasing health and safety policies to put workers and guests at ease, Las Vegas casino operators aren’t leaning toward banning smoking in casinos.