Gaming - VEGAS INC

Macau struggles, tax provision hurt MGM’s 1st-quarter results

An exterior view of the Bellagio, June 6, 2013.

MGM Resorts, the casino company behind such Las Vegas Strip properties as the MGM Grand, Bellagio and Aria, reported its first-quarter earnings today. Revenue at the company’s United States resorts grew 3 percent compared to 2015, excluding its jointly owned properties. But revenue from ...

5 May 2016

By J.D. Morris

Resorts World construction to ramp up this year, finish in 2019

An artist's rendering of Resorts World Las Vegas.

Resorts World Las Vegas will begin full-scale construction sometime in the last three months of this year. Appearing before the Nevada Gaming Control Board ...

4 May 2016

By J.D. Morris

Tropicana owner Penn National gaming grows revenue, earnings in first quarter

A view of the Tropicana on the Las Vegas Strip, May 5, 2008.

Penn National Gaming, the casino company that owns the Tropicana and operates M Resort, reported its first-quarter earnings today ...

28 April 2016

By J.D. Morris

Raiders owner willing to spend $500 million on move to Las Vegas

Oakland Raiders owner Mark Davis leaves a meeting of the Southern Nevada Tourism Infrastructure Committee on Thursday, April 28, 2016, at UNLV.

Oakland Raiders owner Mark Davis said today he was serious about moving his team to Las Vegas and offered a half-billion-dollar pledge for a proposed ...

28 April 2016

With new corporate name, Station Casinos IPO raises more than $531 million

This file photo shows Red Rock Resort in Summerlin.

Shares of Red Rock Resorts Inc., the new corporate name of Station Casinos, began publicly trading on the Nasdaq Stock Market today after the company raised more than $531 million in ...

27 April 2016

By J.D. Morris

Boyd Gaming revenue grows but earnings fall in 1st quarter

An exterior view of the Orleans, 4500 W Tropicana Ave., in Las Vegas Wednesday, May 13, 2015.

The biggest developments on Boyd’s radar right now are its recently announced acquisitions of three casinos: the Aliante in North Las Vegas, and the valley’s two Cannery properties. The company ...

26 April 2016

By J.D. Morris

Boyd Gaming buying Cannery casinos in valley for $230 million

The Eastside Cannery on Boulder Highway.

Boyd Gaming Corp., fresh off its announcement last week that it would acquire the Aliante casino, said it has reached an agreement to buy the Las Vegas assets of ...

25 April 2016

By J.D. Morris

Mexican version of bingo attracts new faces to local casinos

La Bonita pitchman Victor Flores holds a sign for “El Arbol” (The Tree) during a game of lotería at Texas Station.

Las Vegans Alex and Marco Ponce have fond memories of lotería, a game their Mexican-born parents taught them and that the brothers grew up playing in Huntington Beach, Calif. Texas Station and Boulder Station began offering nightly lotería this month. If the response is high enough, it could become a staple ...

25 April 2016

By Chris Kudialis

Summerlin casino will pay $25K fine to settle complaint

The Rampart Casino is shown, Monday Sept. 26, 2011.

A Summerlin casino will pay a $25,000 fine to help settle a complaint that an intoxicated customer was allowed to continue to gamble and receive complimentary alcoholic drinks ...

23 April 2016

By Cy Ryan

Boyd Gaming to purchase Aliante casino for $380 million

Boyd Gaming Corp. announced today that it has reached an agreement to buy the Aliante casino in North Las Vegas for $380 million. In purchasing ...

21 April 2016

By J.D. Morris

Marnell Gaming gets final OK to buy Nugget in Sparks

State gaming regulators today granted final approval to Marnell Gaming LLC’s acquisition of the Nugget casino in Sparks. The Nevada Gaming Commission signed off on the company’s purchase of the Northern Nevada property for ...

21 April 2016

By J.D. Morris

Wells Fargo executive named to Nevada Gaming Commission

Gov. Brian Sandoval has appointed a Wells Fargo executive to fill a vacancy on the Nevada Gaming Commission ...

21 April 2016

By Associated Press

Las Vegas Sands revenue, earnings fall in 1st quarter

The exterior of the Venetian is seen Thursday, July 18, 2013.

Las Vegas Sands, the casino company that runs the Venetian and Palazzo on the Strip, as well as properties in Macau, Singapore and Pennsylvania, reported ...

20 April 2016

By J.D. Morris

Sources: Boyd Gaming nears deal to buy Cannery Casino Resorts

The exterior of the Cannery offers a view the casino's entrance, as well as a glimpse of the hotel's classic blue-collar theme.

Casino operator Boyd Gaming Corp is close to an agreement to buy Cannery Casino Resorts LLC, in a deal that will value the ...

20 April 2016

Reuters

Shares of MGM real estate subsidiary up 4.8 percent on first day of trading

MGM Growth Properties CEO James Stewart, third from right, rings the New York Stock Exchange opening bell to celebrate his company's IPO, Wednesday, April 20, 2016. He is joined by company CFO Andy Chien, right, and New York Stock Exchange President Tom Farley, second from right, for the first IPO of the year at the exchange.

Shares of MGM Resorts International’s new real estate subsidiary were up 4.8 percent today at the close of their first day of public trading on the New York Stock Exchange. The Las Vegas-based casino operator announced ...