Wynn Resorts Ltd. has started to gain traction with its branded sports wagering system, but restrictions resulting from coronavirus continues to pound company. Still, the company expects 50 percent occupancy at Wynn Las Vegas and Encore on Super Bowl weekend.
Richard N. Velotta
![Rick Velotta](https://www.reviewjournal.com/wp-content/uploads/2023/10/web-rick-velotta-hs-23.jpg?w=900&h=600&crop=1)
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.
Pennsylvania-based Penn National reported a profitable fourth quarter, initiatives with Barstool Sports and a casino in Maryland to recover from a wipeout year in 2020.
A surge in COVID-19 cases in Hong Kong and the closure of several borders through the summer contributed to a 79.3 percent decline in revenue for Macao last year.
The former Apple Inc. financial executive cited the stress of relocating his family from California to Pennsylvania during the pandemic as his reason for departing.
The set for the classic Western television show featuring the Cartwright family was closed in 2004 but is relocating, thanks to a special COVID-19 recovery grant.
Rural tourism entities blistered by the coronavirus pandemic will receive some financial relief.
Sports betting, new casinos and racinos and the elimination of betting limits were approved by voters, and analysts believe there may be more measures to come.
Casinos in Las Vegas were closed most of the second quarter, Encore Boston Harbor was shuttered the entire quarter, while Macao endured stifling border closures.
The slot machine manufacturer’s diversity of gaming products enabled London-based IGT to outperform analysts’ expectations by 2 cents a share for the second quarter.
A sports-wagering provision was embedded in legislation in Massachusetts, but stricken from the bill, ending plans that Bay State sportsbooks would soon take bets.
Billboards, TV ads and special promotions are being rolled out by several casino companies to get customers in the buildings when the 78-day casino closure ends Thursday.
Horst Dziura, who helped transform nongaming amenities into profit centers and transformed the Flamingo Hilton into a resort for the middle market, died March 17 after a long illness. He was 79.
The city’s resorts have good reasons to decline sheltering the homeless during the coronavirus outbreak, even though 150,000 hotel rooms will be empty over the next four weeks.
Collaborating with the U.S. Travel Association and local and national public health agencies, the LVCVA is stepping up efforts to stop the spread of coronavirus.
The state Gaming Control Board has recommended approval of licensing for a slot machine company partnering with IGT as well as for multiple investors.
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