Gaming

MGM Resorts files lawsuit against Connecticut officials

A rendering shows the $800 million MGM Springfield in Massachusetts.

Casino developer MGM Resorts International filed a lawsuit Tuesday against several top state officials, including Democratic Gov. Dannel P. Malloy, saying a law he signed that could lead to a third tribal casino in the state is unconstitutional because ...

MGM Resorts revenue drops 7.6 percent in 2nd quarter; CEO says Mirage not for sale

The Mirage on the Las Vegas Strip.

MGM Resorts International, the casino giant whose Strip properties include Bellagio, MGM Grand and Aria, reported its second-quarter earnings today. Macau continued to be problematic for MGM, as it has been for other casino companies that operate there. Revenue from the MGM China subsidiary dropped 33 percent from ...

MGM Resorts CEO: Slots of future will be more social, interactive

This is a rendering of a casino gaming lounge of the future by Gamblit Gaming, a technology provider based in Glendale, Calif.

Time and technology are catching up with traditional slot machines, which don't hold the same appeal for younger players as they do for their parents. Slots simply can't offer …

Scientific Games, recently merged with Bally, grows revenue and loss in second quarter

The Bally merger produced about $150 million in annual cost savings through the end of the quarter, the bulk of which came from eliminating duplicate positions and trimming overhead costs, according to a company statement. Chief Financial Officer Scott Schweinfurth said ...

Merger complete, Golden Gaming becomes publicly traded Golden Entertainment

The PT's at 9050 W. Post Road in Las Vegas.

Golden Gaming, a major operator of Nevada taverns, casinos and grocery store slot machines, has completed its transition from a family owned business to a publicly traded company that also runs a casino in Maryland. The company announced today ...

MGM Resorts hires former Nevada congressman to brand casino

Former Nevada Congressman Steven Horsford is helping MGM Resorts International make sure the casino company keeps its word to Prince George's County officials and ...

Bankruptcy court denies Caesars Entertainment’s quick appeal

A bankruptcy court that ruled lawsuits against Caesars Entertainment Corp. would not be halted as the company's debt-heavy subsidiary attempts to emerge from Chapter 11 has also denied the casino company's effort to fast-track an appeal of ...

Tourism authority committee votes for $42 million Riviera demolition plan

Lights are shown on the Riviera facade Sunday, May 3, 2015, before the casino closed.

The shuttered Riviera inched closer to destruction today when a subgroup of the Las Vegas tourism authority voted in favor of plans to demolish it for $42 million. A Las Vegas Convention and Visitors Authority committee considered ...

High rollers: Dealers describe special treatment, abuse

 In this Sept. 18, 2013, file photo, patrons play craps at a table at Mohegan Sun in Uncasville, Conn. In the competition to attract and keep the biggest spenders, casinos are known to pull out the stops with comped hotel rooms, meals and rebates for a percentage of their losses. During a May 2015 hearing, dealers said they often had to endure abuse from high roller betters while extending courtesies average players do not receive.

One high roller requests a refrigerator full of bananas that he squeezes and throws as he gambles. Another urinates against a wall. Other high-stakes players described by a pit manager throw chairs ...

Nevada gaming revenue down more than 8 percent in June

In this 2010 photo, a baccarat game is shown in the high-limit room at Hard Rock Hotel.

Dragged down by a particularly unfavorable month on the Strip, the Nevada casino industry suffered a steep decline in statewide gaming revenue in June. The Gaming ...

Revenue up 3.5 percent for Boyd Gaming in 2nd quarter

An exterior view of the Fremont casino in downtown Las Vegas, Sunday, Jan. 20, 2013.

Boyd Gaming, the casino company whose Las Vegas area properties include the Orleans, the California and Sam’s Town, reported its second-quarter earnings on Thursday. Revenue was $559.9 million, up 3.5 percent from pro forma net revenue in ...

Railroad Pass owner approved to run historic casino

Henderson commercial real estate broker Joe DeSimone, shown Thursday, April 16, 2015, has taken charge of Railroad Pass. Changes at the historic property are already taking place.

The new owner of the historic Railroad Pass casino is finally in complete control of the property he acquired from MGM Resorts International this spring ...

Revenue and earnings rise for Penn National, which is buying Tropicana

The exterior of the Tropicana on the Las Vegas Strip.

President and CEO Timothy Wilmott reiterated in a statement today that his company expects to complete its two-phase plan for the Tropicana in the next three to five years ...

Casino deal is latest to separate gambling from real estate

This 2011 file photo shows Pinnacle Entertainment's Ameristar Casino in Vicksburg, Miss.

A deal involving Pinnacle Entertainment is the latest example of a casino company separating its gambling operations from its real estate to generate cash. Las Vegas-based Pinnacle ...

Golden Gaming merger gets final Nevada regulatory approval

Blake Sartini in the Gold Bar, a private enclave in Golden Gaming headquarters, on Thursday, Feb. 2, 2012.

Golden Gaming, the company behind the PT’s tavern chain, three Pahrump casinos and many of the slot machines inside Nevada grocery stores, will soon become a publicly traded business that also ...