Gaming

Caesars' revenue up, but loss widens on interest costs

Hotel-casino operator Caesars Entertainment Corp. of Las Vegas said Wednesday that revenue increased in the fourth quarter, though the company posted a higher net loss from a year earlier.

Feds seize gambling site Bodog, indict founder

The sports gambling site Bodog was shut down and four Canadians indicted, including founder Calvin Ayre, for illegal gambling that generated more than $100 million in winnings, federal prosecutors announced Tuesday.

Caesars says replacement for Cafe Lago will 'redefine' Vegas buffets

The Cafe Lago Buffet at Caesars Palace closed Jan. 3, but Caesars officials said Monday, Feb. 27, 2012, that it would be replaced by an operation that would "redefine the traditional Las Vegas buffet."

The buffet at Caesars Palace may be closed, but resort officials say a new one is on the way. The Cafe Lago Buffet closed last month.

Marine credits karma for hitting $2.9 million jackpot at Bellagio

Alexander Degenhardt, a U.S. Marine stationed in Washington, D.C., won a $2.8 million progressive slot machine jackpot Sunday, Feb. 19, 2012, at the Bellagio.

A couple of days before he hit a jackpot of nearly $3 million, Cpl. Alexander Degenhardt learned he’d been accepted as a bone marrow donor to an anonymous patient.

Vegas friends remember former mob prosecutor, casino exec Dennis Gomes

He may have spent the latter part of his career in Atlantic City, but Dennis Gomes will always be remembered as a true “only-in-Las Vegas”-type character.

Herbst approved to buy slot route, Terrible's Searchlight casino

The Nevada Gaming Commission has approved the application of long-time Las Vegas gaming figure Jerry Herbst to buy slot machine operations in 86 convenience stores and to purchase Terrible’s Searchlight casino in Searchlight.

As police chief, Ray Sheffer improved training, later worked on the Strip and prompted the use of AC in cabs

Former police chief Ray Sheffer stands in front of the Las Vegas Police Station in 1959.

Ray Sheffer, who started the first police academy in the valley when he served as the Las Vegas police chief, was one of several local government officials who helped end segregation of Strip hotels, ran security for the Desert Inn and prompted the use of air conditioners in cabs, has died at age 87.

Gaming Commission vote makes Blake Sartini state's largest slot-route operator

Blake Sartini in the Gold Bar, a private enclave in Golden Gaming headquarters, on Thursday, Feb. 2, 2012.

The state Gaming Commission voted today to allow Las Vegas gaming figure Blake Sartini to become the largest slot-route operator in Nevada. Sartini and his Golden Gaming will acquire from Affinity Gaming 8,500 slot machines at 650 locations. The deal also includes the acquisition of Terrible's Lakeside casino and Terrible Town in Pahrump, giving the organization three casinos. It would give Affinity three casinos in Colorado in return for its Nevada holdings.

Tropicana Las Vegas revenue up on room renovations, restaurant and club openings

The Tropicana Las Vegas hotel-casino says its revenue soared during the fourth quarter of 2011 on a year-to-year basis, but higher expenses resulted in a loss for the period.

Nevada moving toward letting private labs test new casino games

In a bid to stay ahead of the rapidly increasing pace of technological advancement, the state Gaming Control Board on Wednesday conducted its first public workshop to amend regulations to allow independent laboratories to test new casino games and wagering systems for licensing in the state.

Wynn: Okada misappropriated trade secrets, made false claims

From left, Kazuo Okada, Steve Wynn and Elaine Wynn gather after breaking ground Thursday, Oct. 31, 2002 on the $2.5 billion Le Reve property (now called Wynn Las Vegas) on the corner of Las Vegas Boulevard and Sands Avenue.

The new Wynn Resorts Ltd. lawsuit against board member Kazuo Okada includes new, detailed allegations, including charges Okada misappropriated Wynn trade secrets for his own use.

Boyd narrows losses amid steady performance by local casinos

Boyd Gaming Corp. reported Tuesday that is losses shrank in the fourth quarter of 2011 as results improved at its Las Vegas locals casinos.

Boyd narrows losses amid solid performance by local casinos

Boyd Gaming Corp. reported Tuesday that its losses shrank in the fourth quarter of 2011 as results improved at its Las Vegas locals casinos.

MGM Resorts bringing Bellagio brand to Shanghai

Las Vegas-based casino resort operator MGM Resorts International said Tuesday it signed a joint-venture deal for development of a 200-room hotel in Shanghai that will be branded with MGM Resorts' luxury Bellagio name.

Wynn stock opens higher on Okada move

Wynn Resorts Ltd. shares opened higher Tuesday as investors absorbed the news from over the weekend that the Las Vegas casino company had involuntarily bought out shareholder Kazuo Okada with a 10-year, $1.9 billion note.