Gaming

How I won millions in casinos, then lost it all, and wound up in handcuffs

By 2004, I was 26 years old and had a bankroll of $60,000. I had become part of a loosely knit group called the Las Vegas Hole-Card Mafia. We shared information about ...

5 August 2016
By Michael Kaplan, Thrillist.com

MGM Resorts 2nd-quarter profit soars on sale of high-end mall

Crystals at CityCenter on Wednesday, April 20, 2011.

Casino and hotel operator MGM Resorts said Thursday that its second-quarter profit quintupled from the same period a year ago, mainly due to the ...

4 August 2016
Associated Press

Wynn to start work on $2 billion Boston-area casino

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.

Wynn Resorts is starting construction on its $2 billion Boston-area casino after years of legal fights ...

4 August 2016
Associated Press

25-acre site once occupied by Castaways and Showboat is on the market for $6 million

This property at 2800 Fremont Street, just south of Charleston Boulevard, was recently listed for $6.6 million. It is shown Aug. 3, 2016.

More than a decade after buying the shuttered Castaways resort and imploding it, Station Casinos is trying to sell the property at a steep discount to what it paid. Brokerage firm CBRE Group sent out ...

4 August 2016
By Eli Segall

Tavern success drives revenue boost at Golden Entertainment

Golden Entertainment CEO Blake Sartini.

Blake Sartini, Golden’s CEO, said the growth was driven by an increase in revenue from taverns, the company’s recent purchase of slot routes in Montana, and gains from ...

3 August 2016
By VEGAS INC Staff

Trump Taj Mahal closing; Icahn says he lost $100M

The Trump Taj Mahal resort in Atlantic City is shown Oct. 24, 2014.

Donald Trump has been gone from Atlantic City for years, but his name has lived on in glowing neon on the facade of a casino he no longer owned. But later this year, the Republican presidential nominee's name will disappear from the seaside gambling resort — along with 3,000 jobs. The Trump Taj Mahal casino, opened 26 years ago by Trump, announced Wednesday that it will shut down after Labor Day. The business now belongs to Trump's friend and ...

3 August 2016
By Wayne Parry, Associated Press

Caesars reports 2Q loss

Caesars Entertainment Corp. (CZR) today reported a second-quarter loss of $2.08 billion ...

2 August 2016
By Associated Press

Boyd Gaming finishes sale of its half of NJ's Borgata casino

In this June 26, 2013, photo, the Borgata Hotel Casino & Spa is seen in Atlantic City, N.J., with the nearby Water Club reflected in its gold glass facade.

Boyd Gaming completed the sale of its half of Atlantic City's Borgata casino on Monday to MGM Resorts International. Nevada-based Boyd said it received ...

1 August 2016
By Wayne Parry, Associated Press

Macau July gaming beats estimates as resorts draw tourists

Macau’s gaming revenue in July fell less than analysts estimated as the holiday season brought tourists and leisure gamblers to the local units of ...

1 August 2016
Bloomberg

Wynn beats Wall Street 2Q forecasts

Wynn announced major expansion plans with Paradise Park.

Wynn Resorts Ltd. (WYNN) on Thursday reported second-quarter net income of $70.4 million ...

28 July 2016
By Associated Press

Troubled Nevada sports book operator fined again

Nevada regulators say they'll let one of the state's largest sports book operators stay in business after years of underpaying winning ...

28 July 2016
By Sally Ho, Associated Press

Earnings down 30.1 percent for Las Vegas Sands

The Venetian on Wednesday, Sept. 30, 2015, on the Las Vegas Strip.

Las Vegas Sands, the casino company that operates the Venetian and Palazzo on the Strip as well as resorts in Macau and elsewhere, reported its second-quarter earnings today ...

25 July 2016
By J.D. Morris

Fortune, friction and decline as casino 'Chinatown' matures

No ornate archway marks it. No obvious business district with exotic signs and storefronts sets it apart. But in the quiet neighborhoods around two of the nation's largest casinos, a sort of suburban Chinatown has been growing for over a decade ...

23 July 2016
By Phillp Marcelo, Associated Press

Ohio man hits nearly $500K jackpot at Las Vegas airport

An Ohio man is almost half a million dollars richer today after hitting a Wheel of Fortune jackpot at McCarran International Airport. The airport announced that ...

21 July 2016
By Ricardo Torres-Cortez

Another vestige of Olympic purity falls away with sports books taking bets on Games

The Rio 2016 sign stands in front of the Olympic Village during a media tour in Rio de Janeiro, Brazil, Thursday, June 23, 2016.

The long, slow erosion of the Olympics’ claim to sporting purity has reached a new landmark ...

21 July 2016
By Lance Pugmire, Los Angeles Times
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