Las Vegas-based Scientific Games’ four core business divisions gained ground in the company’s second quarter, shrinking losses after the company’s 11th straight quarter of year-over-year revenue and adjusted cash flow growth.
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.
Wynn Resorts Ltd. shares were among the pack of casino companies that fell Wednesday, even though revenue and earnings improved in the company’s secondquarter.
Red Rock Resorts rode the white-hot Las Vegas economy to healthy second-quarter results despite a major presence of construction workers in and around Palace Station and Palms.
Nevada gaming win continued its upward trend with a 4.2 percent increase to $933 million in June, the state Gaming Control Board reported Tuesday.
East Coast casino openings and increases from growing sports betting opportunities boosted London-based IGT in the second quarter, company officials reported Tuesday.
Las Vegas Convention and Visitors Authority CEO Rossi Ralenkotter is taking steps to collect a retirement settlement that could cost taxpayers tens or hundreds of thousands of dollars, even as Las Vegas police conduct a criminal investigation into the tourism agency’s spending practices.
Because of the high-profile nature of the National Football League and the Oakland Raiders, it’s easy to lose sight of the fact that Southern Nevada is gaining a new tourism asset in 2020: the 65,000-seat stadium itself.
Board members on Thursday approved the Raiders’ Personal Seat License marketing plan and authority members and team representatives indicated sales are going better than expected.
SEUI Local 1107 workers at the Las Vegas Convention and Visitors Authority overwhelmingly ratified a new five-year contract in a vote Wednesday.
Mountain View, California-based Kitty Hawk has developed an ultralight recreational aircraft that could someday be used as a flying car for urban commutes. Five Flyers are located at the company’s training center at Lake Las Vegas.
Personal seat licenses to purchase tickets for Raiders games at the new Las Vegas stadium in reserved seating will range from $3,900 to $15,000 per seat. Personal seat licenses, or PSLs, went on sale Tuesday in reserved-seating areas for season-ticket holders and fans with appointment
Three more tentative agreements have been reached by the Culinary union with Las Vegas hotels over the weekend.
One thing we’ve learned about Raider Nation as it builds its relationship with Southern Nevada: It’s fiercely loyal.
Financing bids to host big-ticket sporting events staged in Southern Nevada could be the biggest challenge ahead for a committee developing a report for state policymakers.
Personal seat licenses for premium club seating at the Raiders’ Las Vegas stadium will cost fans between $20,000 and $75,000 apiece, documents obtained by the Review-Journal show.
