Gaming

Slow start, gradual improvement for U.S. Internet gambling

This Jan. 31, 2014, photo shows a game of Internet Texas Hold-Em being played on a computer screen in Atlantic City N.J.

Gambling industry participants and analysts agree that Internet betting is off to a slow start in the U.S. But despite challenges including ...

Former CEO’s lawsuit against Sands China stays in Nevada

Las Vegas Sands Corp. Chairman and CEO Sheldon Adelson testifies at Clark County Justice Center on Tuesday, April 28, 2015, in Las Vegas. Steven Jacobs, former president of Sands Macau, is suing Sands China and Las Vegas Sands Corp. over a wrongful termination case.

A Nevada judge has decided a wrongful termination case against Macau-based Sands China Ltd. and Sands Chairman Sheldon Adelson can stay in Nevada largely because of ...

Most major casino executives express rosy view of Las Vegas economy, but Wynn disagrees

“If you were to ask me, since we’re making forward-looking statements, what will the second quarter look like in Las Vegas? Weak,” Wynn Resorts CEO Steve Wynn recently told analysts in a conference call.

Wynn’s pessimism came to light April 28, when his company relayed quarterly earnings results that bore some tough news for shareholders. Much of the company’s poor performance traces back to Macau, which has seen 11 straight monthly declines in gaming revenue. Wynn told analysts in a conference call that ...

Gaming group ‘troubled’ by possible government credit card ban at casinos

A recent report that found federal employees improperly used government credit cards at casinos could have unnecessary consequences for the gaming industry ...

Sandoval signs bill allowing for skill in slot machines

A man operates a joy stick for a skill-based bonus game on an IGT slot machine during the Global Gaming Expo (G2E) at the Sands Expo Center Tuesday, Oct. 2, 2012.

Gov. Brian Sandoval’s office today announced that he signed legislation paving the way for the state gaming industry to incorporate skill into slot machines. Senate Bill 9 directs Nevada gaming regulators to ...

Teamsters picket outside SLS Las Vegas for valet workers

A union representing valet workers is calling its latest protest against SLS Las Vegas hotel and casino a strike although none of the hotel's workers are on the picket line. Teamsters Local 986 said ...

UNLV law professor is a key player in Caesars Entertainment bankruptcy case

Nancy Rapoport

UNLV law professor Nancy Rapoport was recently appointed to lead a committee that reviews bills for legal work as well as other professional fees and expenses tied to ...

Stratosphere parent reports big profit increase for first quarter

A view of the newly renovated main entryway at the Stratosphere on Thursday, April 5, 2012.

The company that runs the Stratosphere, Arizona Charlie’s and the Aquarius in Laughlin reported its first-quarter earnings on Friday. The company said its net revenue boost stemmed from more slot revenue, better occupancy, higher average daily room rates and ...

Gaming on Nevada’s legislative radar, even if not the focus

Nevada's Senate Bill 443 would allow business entities to place bets at sports books, paving the way for groups such as investors.

Nevada’s casino industry hasn’t been the main focus this year in the Legislature, but it is an important part of the action in Carson City. Casino executives have been ...

U.S. prosecutors refile charges in FBI ruse case

Federal prosecutors in Nevada have added a conspiracy allegation and re-filed Internet bookmaking charges against a Malaysian businessman who won a recent court ruling that his rights were violated in an FBI search of ...

Loss down, casino revenue up at Cosmopolitan in first quarter

An exterior view of the Cosmopolitan hotel tower Monday, March 11, 2013.

This is the Cosmopolitan’s first full quarter under the control of its new owner, Blackstone Group, which took over the property late last year. The Cosmopolitan saw its biggest year-over-year quarterly improvement on ...

Riviera operators get initial approval to run Westgate

The operators of the shuttered Riviera are moving across the street. The state Gaming Control Board today granted its initial blessing for executives from Paragon Gaming ...

Caesars Palace could face up to $20 million in federal fines

An exterior view of Caesars Palace.

Caesars Palace could face paying between $12 million and $20 million worth of fines stemming from a federal investigation into how the casino prevents or ...

Reid renews push to ban online gaming, maybe even poker

Senate Minority Leader Harry Reid (D-NV) speaks during a groundbreaking ceremony for the Interstate-11/Boulder City Bypass project near Boulder City Monday, April 6, 2015. The $318 million project is expected to be completed in 2018 and create about 4,000 jobs.

Online poker is legal and up and running in Nevada. Poker and other online gambling is legal in New Jersey and Delaware, with at least 10 more states considering joining in ...

Hooters Casino Hotel is snapped up for $53.8 million

Hooters hotel-casino just off the Las Vegas Strip.

The Las Vegas resort famous for its wings, and other things, has been sold. Hooters Casino Hotel, just east of the recently sold Tropicana, has been snapped up by the resort investment company Trinity Hotel Investments of New York.