Gaming

Standard & Poor’s rates Station Casinos debt at 'B'

Station Casinos LLC, the Las Vegas company now operating out of bankruptcy, received a speculative-grade "B" corporate credit rating Monday from debt rater Standard & Poor’s.

Court sides with Terrible Herbst employee seeking class action suit

A Terrible Herbst employee who sued the company in 2009 to recover minimum wages and overtime he claims was due to him will be allowed to pursue a class action lawsuit against the company after rejecting its settlement offer.

Caesars' Loveman: It’s 'steady as she goes' through stock market worries

Gary Loveman, president, CEO and chairman of Caesars Entertainment, delivers a keynote address during the Global Gaming Expo at the Las Vegas Convention Center on Wednesday, Nov. 17, 2010.

Like many Americans, Caesars Entertainment Corp. CEO Gary Loveman is watching the fluctuations in the stock market.

Losing off-road race to cost Southern Nevada nearly $2 million in revenue

A trophy truck drives through a speed zone in the main pit area during the SCORE Primm 300 off-road race on Sept. 11, 2010.

For 15 years, off-road enthusiasts have brought their desert race cars to the Nevada-California state line, participating in SCORE International’s popular Primm 300. But organizers have moved the race to Mexico — depriving Primm of about $2 million in nongaming revenue.

Las Vegas tourists spending more, boosting MGM Resorts

What explains the better-than-expected earnings gain reported Monday by MGM Resorts International?

Gaming, airline stocks take hit amid U.S. market decline

Gaming and airline stocks fell today amid a broad market decline tied to the U.S. debt downgrade and recessionary fears.

Colorado governor replaces state's gaming commission. Could it happen here?

I know that vacations are supposed to be about getting away from the office, but most journalists I know can’t ignore a good story, even when they’re supposed to be relaxing.

Pent-up demand for NFL action delights sports books

Arizona Cardinals' Kevin Kolb catches a ball as he helps out some of his teammates during afternoon practice at the Cardinals NFL football training camp on July 31, 2011, in Flagstaff, Ariz.

The effect of the resolution of the NFL’s labor dispute has reverberated through Las Vegas, alleviating a bottled-up demand for betting action among well-bankrolled “wiseguys” and casual gamblers alike.

Las Vegas Sands, Hilton ink Macau management deal

Las Vegas Sands announced today it has signed a franchise agreement with Hilton Worldwide to manage two hotel towers at its Cotai Strip resort project in Macau.

Creditor critical of Hooters casino executive salaries

The Hooters resort-casino on the Las Vegas Strip.

The Las Vegas Hooters casino bankruptcy is shaping up to be contentious, with the property’s main creditor already suggesting executives there are overpaid. Hooters, unable to service its $162 million-plus in debt, filed for Chapter 11 bankruptcy protection Monday to block a foreclosure.

Exodus of online poker players under way

Exodus of online poker players under way

Like many people who moved to Las Vegas seeking opportunity, Shaun Deeb is considering leaving town for greener pastures. But unlike the recession-triggered exodus of construction and hospitality workers, the sagging economy isn’t factoring into Deeb’s moving plans. In fact, he and a few hundred other people in town who share his vocation seem immune to the dips and turns in the economy.

Railroad Pass has a lot of casino history — and it's not on the Strip

The marquee of the Railroad Pass Hotel and Casino stands along the highway Friday, July 29, 2011.

When he’s in town, Bob Gossett visits the Railroad Pass casino almost every day. A construction worker who splits his time between Boulder City and Dolan Springs, Ariz., Gossett passes time at the casino playing the slots or dining with friends.

Hooters resort files Chapter 11 to block threat of foreclosure

The Hooters resort-casino on the Las Vegas Strip.

The owner of the Las Vegas Hooters resort on Tropicana Avenue filed for Chapter 11 bankruptcy reorganization on Monday to block a threatened foreclosure — the latest in a series of financial debacles to hit the local casino industry since the onset of the recession.

Gaming Commission delays action on slot parlor regulations

Cindy Clark plays a slot machine at Dotty's near Eastern and Serene in Henderson on Thursday, March 24, 2011.

The operation of the Dotty’s slot parlors and some its clones has been a contentious issue, especially after the go-round the Clark County Commission had that led to a controversial county ordinance and subsequent lawsuit.

Casino MonteLago will open a sports book to kick off football season

The property, which re-opened in May, said the 24-hour Palio Sports Book will be operated by the South Point hotel-casino under plans submitted to the Nevada Gaming Commission.