Gaming

In election season, gaming companies hedge their bets

In election season, gaming companies hedge their bets

Nevada gaming companies have pumped hundreds of thousands of dollars into political campaigns for the upcoming election, mainly favoring Democrats, according to financial disclosures. But in some cases, the state’s industry leaders have donated to candidates of both major parties, sometimes for the same office.

7 November 2022
By Bryan Horwath

Caesars Q3 net income surpasses Wall Street expectations

One of the many sculptured angels is shown at Caesars Palace on Wednesday, Aug. 5, 2015.

Last month was the best on record when it comes to earnings for Caesars Entertainment’s properties in Las Vegas, according to the company’s CEO.

1 November 2022
By Bryan Horwath

Las Vegas airport slot operator surpasses $1 billion in all-time revenue

A passenger plays a slot machine while waiting for flight in a newly renovated A-Gates cluster building at McCarran International Airport Thursday, Nov. 1, 2018.

The company responsible for the slot machines at Harry Reid International Airport recently surpassed $1 billion in all-time revenue. Airport Slot Concession Inc., a Michael Gaughan company ...

31 October 2022
By Bryan Horwath

Gaming official: Industry outlook continues to be strong

Bill Miller, president/CEO of the American Gaming Association, gives a State of the Industry address during the Global Gaming Expo (G2E) in the Venetian Expo Tuesday, Oct. 11, 2022.

When Bill Miller took over as president and CEO of the American Gaming Association in 2019, he could not have foreseen something as disruptive to the gaming industry as the coronavirus pandemic. More than two years later, however, the industry is ...

27 October 2022
By Bryan Horwath

Gaming company’s latest slot offering appeals to players’ inner child

David Ramos from California plays a Rock, Paper, Scissor game at Circa, downtown, Friday, Oct. 14, 2022.

When she was a child, Jennifer Whitaker would sometimes play the hand game rock, paper, scissors with her brother to determine who would do which household chores. On Friday, Whitaker, now grown up and on vacation with her mother, played the popular game not with another person but at a slot machine at ...

24 October 2022
By Bryan Horwath

MGM pledges $1 million to Las Vegas autism foundation for job training

Bill Hornbuckle, president and CEO of MGM Resorts International, announced a $1 million gift to a Las Vegas autism organization on Thursday, Oct. 20, 2022, during a fundraising event at Allegiant Stadium.

MGM Resorts International is gifting $1 million to a Las Vegas autism foundation to help people with developmental disabilities land jobs with the company, President and CEO Bill Hornbuckle said. The donation ...

22 October 2022
By Bryan Horwath

Esports video games hold vast betting potential, experts say

Teams eUnited, background, and Spacestation compete in a SMITE show match during the grand opening of the Esports Arena Las Vegas at the Luxor Thursday, March 22, 2017.

Competitive video games hold vast economic potential in the U.S. and worldwide, particularly once gambling companies figure out how to interest players and spectators in ...

18 October 2022
By Wayne Parry, Associated Press

Gambler wins nearly $497,000 at Las Vegas Strip casino

An exterior view of Bally's on the Las Vegas Strip Dec. 26, 2017.

An anonymous gambler won $497,000 on Saturday when they hit a royal flush playing Three Card Poker at ...

17 October 2022
By Bryan Horwath

Las Vegas casinos, late to the cashless game, appear ready to capitalize with young players

Rob Salassi, IGT senior project manager, demonstrates IGT's cashless gaming app during Global Gaming Expo (G2E) at the Venetian Expo Tuesday, Oct. 11, 2022.

As transactions have steadily moved away from cash in nearly all facets of commerce in the U.S., the casino industry has generally been a bit slower to adapt.

17 October 2022
By Bryan Horwath

G2E Las Vegas gaming trade show attendance close to 2019 figure

Attendees walk past a Merkur Gaming booth during the Global Gaming Expo (G2E) in the Venetian Expo Tuesday, Oct. 11, 2022.

The attendance total for this year’s annual Global Gaming Expo in Las Vegas nearly matched the convention’s 2019 pre-pandemic figure, according to show organizers.

13 October 2022
By Bryan Horwath

Mandalay Bay Convention Center undergoing $100 million remodel

A view of the Mandalay Bay Friday, July 24, 2015.

Mandalay Bay is spending $100 million to upgrade its convention center with new technology and create a “tropical ambiance,” according to parent company MGM Resorts International. "With Mandalay Bay home to ...

12 October 2022
By Bryan Horwath

Safety, security remain top priorities, Las Vegas resort executives say at conference

Circa casino owner Derek Stevens, left, and Wynn Resorts CEO Craig Billings participate in a panel discussion with gaming executives at Global Gaming Expo (G2E) in the Venetian Expo Tuesday, Oct. 11, 2022.

Despite some high-profile crimes, including a mass stabbing last week, “it’s hard to find a safer location than the Las Vegas Strip,” a casino executive asserted Tuesday at a gaming conference.

12 October 2022
By Bryan Horwath

Woman hits $717,000 slot jackpot on first spin at Las Vegas casino

An exterior view of the Fremont casino in downtown Las Vegas, Sunday, Jan. 20, 2013.

A woman from Hawaii hit a $717,000 slot machine jackpot Friday on her first spin at a downtown Las Vegas casino. The woman, who asked to remain anonymous, hit the ...

10 October 2022
By Bryan Horwath

M Resort in Henderson adding a 384-room hotel tower

An exterior view of the M Resort at St. Rose Parkway and Las Vegas Boulevard South in Henderson on Thursday, March 28, 2019.

The owner of the M Resort announced plans today to add a $206 million, 384-room tower, nearly doubling the Henderson casino’s hotel capacity. “The next ...

10 October 2022
By Bryan Horwath

Execs: U.S. casinos learned some useful lessons from pandemic

A dealer prepared to spin the ball during a game of roulette at the Hard Rock casino in Atlantic City N.J. on Aug. 8, 2022.

The COVID pandemic forced most U.S. casinos to close for months, causing payrolls, revenue and earnings to tumble. But the forced shutdowns and highly regulated recoveries also taught ...

24 September 2022
By Wayne Parry, Associated Press
« Older Newer »