“I think it’s safe for me to say that they have a very, very strong interest in our site if the transaction can work to their advantage,” Gaming & Leisure Properties top executive Peter Carlino said during a Friday earnings call.
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.
The Dallas-based airline, the busiest at Harry Reid International Airport, is expected to hire 10,000 employees net of attrition, grow its fleet and reduce capacity.
Occupancy rates at Las Vegas resorts are rising to nearly normal levels while the average daily room rate has soared past last year’s rates and those from 2019.
Contingency plans are in place to take Thursday’s NFL Draft indoors if high winds forecast for the Las Vegas area arrive during the first evening of the event.
Clark County and downtown Las Vegas smashed previous gaming win records and players bet — and lost — at the highest level ever for slot machine play statewide in March.
Sands is still optimistic about development opportunities in Texas, New York and Florida, according to the company’s Q1 earnings call.
The San Manuel Band of Mission Indians opened the Palms’ doors to the public Wednesday night after a two-year closure due to the COVID pandemic.
Information from a court deposition is being checked by Nevada Gaming Control Board agents to determine if an investigation is warranted on a Resorts World restaurant.
Characters from Aristocrat’s Buffalo, Choy’s Kingdom and Legends slot games will appear on the VivaVision screen with an invitation to play at nearby casinos.
Shuttered for more than two years as a result of the coronavirus pandemic, the Palms, under tribal ownership, is expecting the possibility of big crowds after Wednesday night’s opening.
The Las Vegas gaming company also reinstated a dividend to shareholders that had been discontinued as a result of the COVID-19 pandemic in March 2020.
A new owner, the San Manuel Band of Mission Indians, is reopening the Palms after the tribe acquired the 766-room resort for $650 million from Station Casinos in May.
The real estate investment trust affiliated with MGM Resorts International also paid a quarterly dividend of 53 cents a share to stockholders earlier in April.
While no one knows for sure how many people will arrive for this week’s NFL draft, the only certainty seems to be that it will break all city and NFL events records.
Stymied by the COVID-19 pandemic in 2020 and 2021, the NAB trade show — annually one of the city’s largest — opens its doors for a five-day event Saturday.