Las Vegas Business News

With focus on nongaming offerings, Atlantic City’s Revel set to reopen

Revel, a $2.4 billion casino in Atlantic City, shut down in 2014. The casino is reopening under new ownership and a new name: the Ocean Resort Casino.

Revel, Atlantic City's most spectacular casino flop, will begin to reopen next week under new ownership that views gambling as ...

11 June 2016
By Wayne Parry, Associated Press

Tesla denies safety problems with Model S suspensions

A Tesla Model S is shown in the showroom at Washington Square Mall on July 20, 2012, in Portland, Ore. Tesla Motors produces electric cars that can go from 0 to 60 mph in less than 6 seconds, all without a drop of gasoline.

Electric car maker Tesla Motors Inc. on Friday denied allegations that there are safety problems with its vehicle suspensions. The Palo Alto, California, company said one of its cars had an abnormal amount of rust on a suspension part, a problem it hasn't seen in ...

10 June 2016
Associated Press

Experts put social harms of daily fantasy sports on (mock) trial

The attorneys sat next to each other on one side of Ballroom H. The judge, a former gambling regulator, sat on the other side of the room, flanked by a podium bearing ...

10 June 2016
By Daniel Rothberg

Q+A: ESPN’s Norman Chad a wild card in pack of poker faces

ESPN poker analyst Norman Chad poses in his hotel room in Las Vegas Monday, June 6, 2016.

Norman Chad doesn't check his fun-loving attitude when he enters the World Series of Poker broadcast booth. Known for his laid-back, self-deprecating on-air humor ...

10 June 2016
By Chris Kudialis

In North Las Vegas, squatting problem prompts coordinated crackdown

A view through a window of a vacant home that had been occupied by squatters Wednesday, May 18, 2016, in North Las Vegas.

North Las Vegas, arguably more prone to squatters than much of Southern Nevada, is using a multipronged approach to curb the problem: Police, code enforcement and utilities officials say they’re working ...

10 June 2016
By Eli Segall

Condor to offer direct flights from Las Vegas to Munich

German leisure airliner Condor plans to offer twice-weekly nonstop seasonal service from Las Vegas to Munich, Germany, starting next year, the company announced Wednesday. The new routes ...

9 June 2016
By Richard Thompson, The Advocate (TNS)

Wynn forging ahead on Massachusetts casino, despite environmental challenge

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.

Casino magnate Steve Wynn said he is proceeding with site work for his $2 billion Everett, Mass., casino, confident he'll prevail against ...

9 June 2016
By Matt Stout, Boston Herald (TNS)

Las Vegas firm seeking high-speed rail cuts ties with China company

A Nevada company that wants to build a multi-billion-dollar high-speed passenger rail line between Las Vegas and Southern California has broken ties with a Chinese firm that ...

9 June 2016
By Ken Ritter, Associated Press

Former L.V. mayor spotlights glaring lack of women in top gaming jobs

Caesars Entertainment Executive Vice President Jan Jones Blackhurst listens to a question during her talk at the 16th International Conference on Gambling & Risk Taking at the Mirage on Wednesday, June 8, 2016.

Jan Jones Blackhurst stood in a large ballroom at the Mirage on Wednesday and showed an image that she said illustrated a critical issue for the casino industry ...

9 June 2016
By J.D. Morris

Guy Fieri to bolster restaurant offerings at Foxwoods

Guy Fieri shows off his new kitchen within his restaurant Guy Fieri's Vegas Kitchen & Bar, at the Quad.

TV and star chef Guy Fieri is joining "Iron Chef" Cat Cora and "Fast N' Loud" star Richard Rawlings with plans to open restaurants at Foxwoods Resort Casino this fall ...

9 June 2016
By Gail Ciampa, The Providence Journal, R.I. (TNS)

Las Vegas ranks No. 3 for summer travel destinations

Tourists pose in front of the iconic Welcome to Fabulous Las Vegas sign in this file photo.

A list of top summer travel destinations has Las Vegas ranked third among the 50 most popular U.S. cities, trailing only Los Angeles and San Diego. The list, published by online travel giant Travelocity, used ...

8 June 2016
By Chris Kudialis

New credit card lets members earn MGM rewards points

There’s a new way to earn points in MGM Resorts’ loyalty program. The company today unveiled the M life Rewards MasterCard, which allows members to earn rewards points and ...

8 June 2016
By Ric Anderson

Mirage ‘changed everything’: How integrated resorts can remain dynamic

Steve Wynn makes a point during his keynote speech opening the International Conference on Gambling & Risk Taking on Tuesday, June 7, 2016, at the Mirage.

The casino industry has evolved a lot since the Mirage’s transformational debut in 1989, but resorts still have room to grow to keep up with today’s customers. That was one of the key messages delivered during a series of public discussions held Tuesday at the Mirage as part of a major weeklong academic conference on ...

8 June 2016
By J.D. Morris

MGM Resorts rolls out parking fees on the Las Vegas Strip

Cars enter MGM Grand on Thursday, Jan. 14, 2016, in Las Vegas.

The Las Vegas Strip's largest hotel-casino operator has officially started charging for parking. MGM Resorts International's game-changing move to end the long-held ...

7 June 2016
Associated Press

Wynn says he doesn’t understand nightclubs, loves nongaming revenue

Steve Wynn speaks during the International Conference on Gambling & Risk Taking on Tuesday, June 7, 2016, at the Mirage.

Steve Wynn said today that he thinks young people probably waste too much time on social media and that he’s not a huge supporter of “the nightclub crowd.” The casino mogul ...

7 June 2016
By J.D. Morris

Maryland casinos are on a record roll

This Aug. 25, 2014, picture shows the Horseshoe Casino in Baltimore. The casino opened its doors Tuesday, Aug. 26, 2014, and it's the last of five to open in Maryland after lawmakers legalized gambling in the state.

Atlantic City, rocked by the 2014 closure of four casinos, is teetering on the brink of a financial crisis. Nevada casino revenue has been flat for months. But Maryland's casino market ...

7 June 2016
By Jeff Barker, The Baltimore Sun (TNS)

Connecticut tribe among partners in $265M Mississippi casino

A Connecticut Indian tribe and others say they'll partner to build a $265 million casino on the Mississippi Gulf Coast. The Mashantucket Pequot tribe, which operates the massive Foxwoods Resort Casino in eastern Connecticut, says it will ...

7 June 2016
By Jeff Amy, Associated Press

Fewer Las Vegas homes sell, but prices are higher

A realty sign is posted in front of home in the Lakes neighborhood of Las Vegas, Dec. 2, 2011.

After nearly a year of flat prices, Las Vegas houses sold at a noticeably higher level last month amid shrinking sales totals ...

7 June 2016
By Eli Segall

What Las Vegas can learn from Detroit when it comes to revitalization

This Dec. 2, 2014 photo shows American Coney Island and Lafayette Coney Island, rival eateries located side by side in downtown Detroit. Coney-style hot dogs are a tradition in Michigan, served with onions, mustard and chili. The two restaurants were founded by brothers who were Greek immigrants in the early 20th century and many locals swear allegiance to one or the other.

When it comes to cities Las Vegas should emulate as it grows and evolves, Detroit might not take first billing on most residents’ lists. After all, the Motor City made national headlines ...

7 June 2016
By Jackie Valley

Gambling powers play both sides in N.Y. battle over legalizing new games

An electronic advertisement for DraftKings hangs on the side of Madison Square Garden on Wednesday, Jan. 6, 2016, in New York.

Gambling powers are engaged in a furious and expensive last-minute campaign at the New York Capitol on whether to legalize daily fantasy sports contests and ...

7 June 2016
By Tom Precious, The Buffalo News, N.Y. (TNS)
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