Gaming - VEGAS INC

Casino promotions: Jan. 31-Feb. 6

Feeling lucky? Gaming establishments throughout Southern Nevada offer deals and promotions for gamers ...

31 January 2016

Preview 2016: Murren, Faraday exec and others talk about Las Vegas and its future

Jim Murren, chairman and CEO of MGM Resorts International, addresses the crowd during the Metro Chamber of Commerce annual Preview Las Vegas event Friday, Jan. 29, 2016, at Cox Pavilion.

Paid parking on the Strip was not on the agenda at Preview Las Vegas today, but it was hard not to think about when the head of MGM Resorts International took the stage at Cox Pavilion ...

30 January 2016

By J.D. Morris

MGM chief: Don’t divert room taxes from convention center to UNLV stadium

MGM Resorts International CEO Jim Murren said today he’s not opposed to a stadium plan backed by one of his competitors, as long as it doesn’t use hotel room tax revenue that would otherwise support an expansion of ...

29 January 2016

By J.D. Morris

Nevada casinos win $11 billion in 2015, up from 2014 levels

A $100 bill is fed into a slot machine. Slot machines accounted for 63 percent of the $11.1 billion won by Nevada casinos in 2015, according to the Nevada Gaming Control Board.

The house ended up winning about $11.1 billion of all the money gambled in Nevada in 2015 — an increase of 1 percent from 2014 but still below Nevada's peak year in 2007. Las Vegas Strip casinos accounted for most of that, keeping ...

29 January 2016

Associated Press

Ex-NIU running back sues FanDuel, DraftKings for using name

In this Nov. 23, 2012, file photo, Northern Illinois' Akeem Daniels (3) breaks a tackle during an NCAA football game against Eastern Michigan in Ypsilanti, Mich. The former NIU running back filed a lawsuit in Chicago on Wednesday, Jan. 27, 2016, suing two daily fantasy sports sites, Boston-based DraftKings and New York-based FanDuel, alleging that they used his name to generate millions of dollars in revenue.

Former Northern Illinois University running back Akeem Daniels is suing two daily fantasy sports sites in Chicago federal court alleging they used his name to generate millions of dollars in revenue. Daniels filed the lawsuit Wednesday against Boston-based DraftKings and New York-based FanDuel, The (DeKalb) Daily Chronicle reported ...

28 January 2016

Associated Press

Las Vegas Sands revenue takes hit from Macau for 4th quarter, full year

In this photo taken Nov. 23, 2014, visitors walk across the road in front of the Venetian Macao casino resort in Macau.

Las Vegas Sands, the casino company that runs the Venetian and Palazzo on the Strip in addition to properties in Macau and elsewhere, reported its fourth-quarter and ...

27 January 2016

By J.D. Morris

Gaming association: Super Bowl will elicit $4.2 billion in mostly illegal bets

Geoff Freeman, president of the American Gaming Association, gives a “State of the Industry” address during the Global Gaming Expo on Tuesday, Sept. 29, 2015, at Sands Expo Center.

Americans are poised to wager $4.2 billion on the upcoming Super Bowl 50, with the vast majority of those bets expected to be placed illegally. The American Gaming Association said its sports betting projection for the Feb. 7 championship football game between the Denver Broncos and the Carolina Panthers represents ...

27 January 2016

By J.D. Morris

Even without endorsing, Culinary Union seeks to be major player in politics and beyond

Geoconda Arguello-Kline, left, secretary-treasurer for Culinary Workers Union, Local 226, and Nevada State Sen. Ruben Kihuen, center, a Democratic candidate for U.S. Congress, take part in a Culinary Union protest near Trump International Hotel on Friday, Aug. 21, 2015, in Las Vegas. Trump International Hotel workers are not unionized.

After playing a big role when Democratic candidates last battled each other for their party's presidential nomination, the Culinary Union is staying above the fray this time around. While it made ...

27 January 2016

By J.D. Morris

Gov. Christie calls for state takeover of Atlantic City

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.

New Jersey Gov. Chris Christie said Tuesday the state will assume vast control over Atlantic City's finances and decision-making, saying the seaside gambling resort is incapable of ...

27 January 2016

By Wayne Parry, Associated Press

Nevada justices hear arguments in Las Vegas Sands Macau case

Sands Cotai Central, which sits just across from Venetian Macau.

The question of whether casino magnate Sheldon Adelson's company has to pay a $70 million judgment to a Hong Kong businessman for helping to secure business in Macau is ...

26 January 2016

Associated Press

Casino promotions: Jan. 24-30

Feeling lucky? Gaming establishments throughout Southern Nevada offer deals and promotions for gamers ...

24 January 2016

No need to wait until teams are decided to bet Super Bowl

Lines stretch toward the door for Super Bowl sports betting at the Westgate Las Vegas on Saturday, Jan. 31, 2015.

Let the betting begin. The Super Bowl teams have yet to be determined, but that hasn't stopped Las Vegas bookies from posting odds on ...

23 January 2016

By Tim Dahlberg, Associated Press

Cosmopolitan CEO gets final approval for gaming license

William McBeath, president and CEO of the Cosmopolitan of Las Vegas, makes a few remarks Wednesday, Feb. 18, 2015, during an event celebrating the resort’s new ownership by Blackstone.

The Cosmopolitan’s top executive was granted final approval for a gaming license by Nevada regulators today ...

21 January 2016

By J.D. Morris

Mark Cuban calls regulatory challenges to fantasy sports growing pains

In this Sunday, Oct. 25, 2015, photo, workers set up a DraftKings promotions tent in the parking lot of Gillette Stadium in Foxborough, Mass., before a game between the New England Patriots and New York Jets.

Fantasy sports entrepreneurs thought they were decamping to friendly territory when they moved their convention from Las Vegas to Dallas after Nevada regulators cracked down on the industry last year. Instead, they were greeted with unpleasant news: Texas Attorney General Ken Paxton's opinion ...

21 January 2016

By Conor Shine, Dallas Morning News (TNS)

Regulators approve Station Casinos’ proposed initial public offering

The Red Rock Casino Resort is shown in the western Las Vegas Valley.

Nevada regulators today approved Station Casinos’ plan for an initial public offering, allowing the locals gaming giant to move forward with its transition back into a public company. Station, which was taken private …