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November 20, 2014

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Gaming

A rendering shows the $800 million MGM Springfield in Massachusetts.
MGM, Wynn to take on $1 billion in debt each for projects
Nov. 20, 2014
Two Las Vegas-based casino companies say they each plan to take on at least $1 billion in debt to help pay for new casino-hotel developments in Massachusetts among other things. MGM Resorts and Wynn Resorts both ...
In this June 6, 2007, file photo, Bally Technologies slot machines are showcased at the Palms hotel-casino in Las Vegas.
Regulators OK $5.1 billion merger of gaming technology companies
Nov. 20, 2014
Nevada regulators today approved the merger of Scientific Games and Bally Technologies, paving the way for two of the biggest gaming technology companies to become an even larger combined entity. The state Gaming Commission ...
Casinos push back on Massachusetts gambling limits
Nov. 20, 2014
In a rarely used tactic meant to address gambling addiction, Massachusetts may require casinos to reward their customers for voluntarily setting limits on how much time and money they spend at slot machines under a proposal being considered by ...
An exterior view of Caesars Palace on Thursday, June 6, 2013.
Caesars reveals plan after creditor walks away
Nov. 19, 2014
Overwhelmed with debt and seeking a way out from under it, Caesars Entertainment Corp. floated a plan that would have turned its most debt-heavy division into a ...
The Revel resort, right, is shown next to the closed Showboat in Atlantic City, Monday, Sept. 1, 2014. Four of Atlantic City's 12 casinos have closed this year.
Firm cancels plan to buy closed Revel resort
Nov. 19, 2014
A Toronto-based company abandoned its plan to buy the former Revel Casino Hotel in Atlantic City on Wednesday, dealing another blow to a city reeling from ...
A view of the newly renovated main entryway at the Stratosphere Hotel & Casino, Thursday April 5, 2012.
Revenue, profit up for Stratosphere parent company
Nov. 14, 2014
The Stratosphere’s parent company, which also owns Arizona Charlie’s and the Aquarius in Laughlin, reported its third-quarter earnings today. As with last quarter, nongaming revenue was key to ...
A sample poker game is played on the Ultimate Gaming website in Las Vegas on April 29, 2013. Ultimate Gaming began offering Internet gambling in Nevada in early 2013.
Nevada online poker company Ultimate Gaming shutting down
Nov. 14, 2014
Ultimate Gaming, one of Nevada’s three legal online poker providers, announced today that it’s ending operations in the state. The move comes about two months after Ultimate Gaming withdrew from New Jersey. In a news release, the company referenced some of the online poker industry’s overall struggles as ...
The Nevada State Legislature building is shown in Carson City, Nev., Thursday, March 31, 2005.
Slot parlors among host of gaming issues legislators will tackle
Nov. 14, 2014
Slot parlors, the role of technology in gambling and illegal sports betting are among the casino-related issues that the Nevada Legislature could take up when it convenes ...
An exterior view of Caesars Palace on Thursday, June 6, 2013.
Caesars layoffs to be ‘spread out evenly’ among properties, won’t exceed 680 workers
Nov. 13, 2014
Debt-saddled Caesars Entertainment confirmed today that it’s laying off less than 1 percent of its total workforce amid ongoing attempts to improve the company’s financial situation. Caesars employs about ...
The Red Rock Casino Resort is shown in the western Las Vegas Valley.
Station reports modest revenue growth for 3rd quarter
Nov. 12, 2014
ocals gaming giant Station Casinos, whose properties include Palace Station, Green Valley Ranch and Red Rock Resort, reported its third quarter earnings today. Station’s adjusted earnings before interest, income taxes, depreciation, amortization and management fees — its cash flow — was ...
An exterior view of Caesars Palace on Thursday, June 6, 2013.
Caesars said to be lining up creditors for January bankruptcy
Nov. 11, 2014
Caesars Entertainment Corp. reached an agreement with key senior creditors on the outline of a debt restructuring plan that includes a prearranged bankruptcy for ...
Gary Loveman, president, CEO and chairman of Caesars Entertainment, delivers a keynote address during the Global Gaming Expo at the Las Vegas Convention Center on Wednesday, Nov. 17, 2010.
Caesars CEO encouraged by Las Vegas tourism indicators
Nov. 10, 2014
Caesars Entertainment, the debt-saddled operator of many of the Strip’s most iconic resorts, reported its third quarter earnings today. Caesars has begun formal discussions with some creditors as ...
Medical marijuana a recurring theme at gaming law conference
Nov. 7, 2014
Medical marijuana and the Nevada casino industry don’t mix, gaming officials said at a conference today, and that’s not likely to change anytime soon.
November Nine
Sweet November: Nine battle for glory in WSOP’s Main Event
Nov. 7, 2014
A rich pot doesn't hurt in bringing out poker's luckiest players year after year.
This artist's rendering released Wednesday, March 27, 2013, by Wynn Resorts shows a proposed resort casino on the banks of the Mystic River in Everett, Mass.
Regulators finalize MGM and Wynn casino licenses
Nov. 6, 2014
Wynn Resorts and MGM Resorts International have been officially awarded the state's first two resort casino licenses, following unanimous votes Thursday by the Massachusetts Gaming Commission. The gambling giants ...
Subpoena fight resolved over FBI-Caesars search
Nov. 6, 2014
A federal judge in Las Vegas heard defense attorneys allege Thursday that the FBI improperly enlisted Caesars Palace officials to obtain a crucial search warrant before ...
A view of the las Vegas Strip looking northbound from a helicopter May 21, 2012.
Report: U.S. casino revenue up as economy strengthens
Nov. 6, 2014
Revenue at U.S. casinos jumped more than 6 percent in 2012, the first significant increase in three years as economic growth picked up speed and more casinos opened in several markets. But revenue generated by Indian casinos rose less than ...
A gondola sails at the Venetian Macao Resort Hotel  in Macau Tuesday, Aug. 28, 2007.
Macau casino industry bound for worst streak in austerity
Nov. 4, 2014
Macau’s casino industry is headed for its longest losing streak, facing months more of falling revenues as continued crackdowns against graft by the Chinese government prompt gamblers to ...

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Boyd Gaming coverage

Boyd Gaming launches mobile sports-betting app
Boyd Gaming announced today the launch of its new mobile sports-betting application. Called B Connected Sports, Boyd’s app is available ...
Chief operating officer leaving Boyd Gaming, won’t be replaced
A top executive at Boyd Gaming is leaving the casino company and will not immediately be replaced. Boyd, based in Las Vegas, announced today the ...
Spending war over online gaming rages among Nevada casino companies
Online gaming remains a divisive issue for Nevada casino companies, which are pouring money into lobbying on the issue while they joust over a potential ...

Harrah's Entertainment coverage

Clint Holmes returns to Harrah’s — for a song — in ‘Million Dollar Quartet’
Clint Holmes is the latest in the line of guest vocalists to join “Million Dollar Quartet,” as he’ll sing “All Shook Up,” the Elvis classic, ...
Strip Scribbles: Reba McEntire at Caesars? Derek Jeter, Jessica Alba, Mac King
Former Las Vegas builder and developer Ron Pratte built up one of the world’s greatest collections of automobilia and collector cars over the past two ...
Jeff Civillico’s greatest juggling act: The annual Win-Win ‘Headliners’ Bash’
Jeff Civillico is finding it easier to stage a charity production for his Win-Win Entertainment Foundation than it was a couple of years ago. ...

Las Vegas Sands coverage

Las Vegas Sands 3Q revenue dips, profit grows
Las Vegas Sands, the casino company that runs the Venetian and Palazzo resorts on the Strip, announced its third-quarter earnings ...
Spending war over online gaming rages among Nevada casino companies
Online gaming remains a divisive issue for Nevada casino companies, which are pouring money into lobbying on the issue while they joust over a potential ...
Nevada Supreme Court reverses Adelson defamation ruling
The Nevada Supreme Court, in a 4-3 decision, has ruled that casino mogul Sheldon Adelson can be sued for defamation for calling one of his ...

MGM Mirage coverage

Obama’s immigration speech to cut into 2014 Latin Grammys on Univision
President Barack Obama’s immigration speech in Las Vegas will officially cut into as many as 40 minutes of today’s live Univision telecast of the 2014 ...
Strip Scribbles: Reba McEntire at Caesars? Derek Jeter, Jessica Alba, Mac King
Former Las Vegas builder and developer Ron Pratte built up one of the world’s greatest collections of automobilia and collector cars over the past two ...
It’s glitz, glamour and guns at NFR’s Miss Rodeo America pageant
Off come the chaps and jeans in favor of fancy gowns, although the 10-gallon hats and the guns seem to be a permanent fixture. This ...

Stations Casinos coverage

Nevada online poker company Ultimate Gaming shutting down
Ultimate Gaming, one of Nevada’s three legal online poker providers, announced today that it’s ending operations in the state. The move comes about two months ...
Station reports modest revenue growth for 3rd quarter
ocals gaming giant Station Casinos, whose properties include Palace Station, Green Valley Ranch and Red Rock Resort, reported its third quarter earnings today. Station’s adjusted ...
MGM, Station announce charitable gifts for military families
In the spirit of Veterans Day, two Las Vegas casino companies recently announced major charitable contributions to the military community. MGM Resorts International said today ...

Wynn Resorts coverage

Strip Scribbles: ‘Mall Cop 2,’ Frank Marino, ‘Ink Master’ and Celine Dion
“Divas Las Vegas” at the Linq Hotel headliner Frank Marino is keeping a secret project with Oprah Winfrey under wraps after their weekend in California ...
David Perrico’s imprint is on powerful Tuscany lineup; change in cast brings a Fenton to ‘Showstoppers’
The scene tonight is twofold, with Mark Shunock hosting the latest installment of “Mondays Dark” at nearby Vinyl benefiting Vegas Shepherd Rescue. Shunock’s next charity ...
Bigger and better ‘Le Reve’ to include new $3 million element at Wynn
It’s a show I recommend to all of my friends visiting Las Vegas since it’s a production that simply could not be duplicated or presented ...

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