Gaming

Wynn Resorts keeps eye on luxury market through restructuring

When Wynn Resorts hired Marilyn Winn in November to replace Andrew Pascal as president of the company's Wynn Las Vegas and Encore resorts, some industry experts wondered whether her arrival marked a cultural shift for a company that caters to well-to-do travelers with two of the Strip’s poshest resorts.

Company's possible takeover of Hard Rock operations on Thursday agenda

A view of the Hard Rock hotel-casino at Paradise Road and Harmon Avenue on Tuesday, Jan. 25, 2011.

Warner Gaming LLC of Las Vegas would take over casino operations at the Hard Rock Hotel in Las Vegas under a plan to be considered by Nevada gaming regulators Thursday.

Crossing the line cost Hard Rock Hotel

Crossing the line cost Hard Rock Hotel

Undercover detectives had little problem scoring pot, cocaine and Ecstasy from employees at the Hard Rock Hotel’s Vanity nightclub last year. A Hard Rock host even arranged the purchase of cocaine.

Las Vegas gaming exec plans $400 million Louisiana casino project

A day after winning Louisiana’s coveted 15th and final casino license, Las Vegas gaming executive Dan Lee said Friday he’s moving forward with plans to finance and design the $400 million Mojito Pointe casino resort there.

Tribe sues to cancel development deal with Las Vegas company

A Las Vegas company said Thursday it will contest a California Indian tribe’s lawsuit seeking to cancel a hotel-casino development deal. The Big Sandy Rancheria of Mono Wind Indians filed suit Feb. 3 in federal court in Fresno, seeking an order invalidating the tribe’s 2007 development deal and credit agreement with Brownstone LLC.

Sands eyeing $20 billion 'Euro-Vegas' in Spain

Las Vegas Sands Corp. wants to build "Euro-Vegas" in Spain, its CEO Sheldon Adelson said Thursday, touting a euros 15 billion ($20.3 billion) plan for a massive strip-style casino resort in Madrid or Barcelona.

3 to be inducted into Nevada Business Hall of Fame

Three prominent business leaders will be inducted tonight into the Nevada Business Hall of Fame for their contributions to the state.

Trump selling an Atlantic City casino to Landry's

In a sign of just how much value casinos in the nation's second-largest gambling market have lost in recent years, Trump Entertainment Resorts agreed Monday to sell its Trump Marina Hotel Casino to the Texas-based parent company of the Golden Nugget Las Vegas and Laughlin for $38 million.

MGM Resorts narrows loss in fourth quarter to $139 million

MGM Resorts International says it narrowed its loss for the fourth quarter, though the company saw casino revenue and room revenue decline.

Legal battle heats up between Las Vegas Sands, fired Macau executive

New pieces of information have surfaced in a lawsuit between Las Vegas Sands Corp. and its fired CEO in Macau, Steve Jacobs.

Moody's notes strong earnings in Las Vegas Sands upgrades

Citing solid fourth quarter earnings Moody's Investors Service today upgraded key Las Vegas Sands Corp. debt ratings.

Agreement with lenders gives Hard Rock time to deal with debt

A view of the Hard Rock hotel-casino at Paradise Road and Harmon Avenue on Tuesday, Jan. 25, 2011.

The owner of the Hard Rock Hotel said it's reached a "standstill" agreement with lenders that extends through Feb. 28.

Wynn Resorts swings to profit in fourth quarter

Wynn Resorts Ltd. of Las Vegas today posted a fourth-quarter profit, reversing a loss in the year-ago quarter, thanks to revenue increases in Macau and Las Vegas.

Las Vegas Strip casinos notch 4.1 percent win increase in 2010

CARSON CITY – Despite a rocky year, casinos along the Las Vegas Strip posted a gross win of $5.7 billion last year, an increase of 4.1 percent over 2009.

Las Vegas casino operator sues over 'ace' trademark

The Stratosphere is shown Thursday, Dec. 9, 2010.

The fast-growing Ace Hotel chain says a Las Vegas-based casino operator is infringing on its trademarks by calling its gamblers rewards programs “ace PLAY” and “ace STAY.”