The Bally merger produced about $150 million in annual cost savings through the end of the quarter, the bulk of which came from eliminating duplicate positions and trimming overhead costs, according to a company statement. Chief Financial Officer Scott Schweinfurth said ...
Golden Gaming, a major operator of Nevada taverns, casinos and grocery store slot machines, has completed its transition from a family owned business to a publicly traded company that also runs a casino in Maryland. The company announced today ...
Former Nevada Congressman Steven Horsford is helping MGM Resorts International make sure the casino company keeps its word to Prince George's County officials and ...
A bankruptcy court that ruled lawsuits against Caesars Entertainment Corp. would not be halted as the company's debt-heavy subsidiary attempts to emerge from Chapter 11 has also denied the casino company's effort to fast-track an appeal of ...
The shuttered Riviera inched closer to destruction today when a subgroup of the Las Vegas tourism authority voted in favor of plans to demolish it for $42 million. A Las Vegas Convention and Visitors Authority committee considered ...
One high roller requests a refrigerator full of bananas that he squeezes and throws as he gambles. Another urinates against a wall. Other high-stakes players described by a pit manager throw chairs ...
Dragged down by a particularly unfavorable month on the Strip, the Nevada casino industry suffered a steep decline in statewide gaming revenue in June. The Gaming ...
Boyd Gaming, the casino company whose Las Vegas area properties include the Orleans, the California and Sam’s Town, reported its second-quarter earnings on Thursday. Revenue was $559.9 million, up 3.5 percent from pro forma net revenue in ...
The new owner of the historic Railroad Pass casino is finally in complete control of the property he acquired from MGM Resorts International this spring ...
President and CEO Timothy Wilmott reiterated in a statement today that his company expects to complete its two-phase plan for the Tropicana in the next three to five years ...
A deal involving Pinnacle Entertainment is the latest example of a casino company separating its gambling operations from its real estate to generate cash. Las Vegas-based Pinnacle ...
Golden Gaming, the company behind the PT’s tavern chain, three Pahrump casinos and many of the slot machines inside Nevada grocery stores, will soon become a publicly traded business that also ...
One of Puerto Rico's biggest and best known casinos closed Wednesday after 40 years of operation in another blow to the U.S. territory's struggling economy. The Condado Plaza Hilton laid off ...
CEO Sheldon Adelson admitted in a statement that the high-end gaming market in Macau was particularly challenging, but he said his company is focused on the mass market and nongaming segments ...
Judge Benjamin Goldgar decided Wednesday that the casino giant won't be immune to litigation, unlike its Caesars Entertainment Operation Co. unit, which filed for bankruptcy in mid-January in hopes of shedding $10 billion worth of ...
