Gaming

Las Vegas Sands shareholder sues over stock price

Sheldon Adelson, chairman and CEO of Las Vegas Sands Corp., speaks during the news conference of the opening ceremony of the Venetian Macao Resort Hotel in Macau Tuesday, Aug. 28, 2007.

Disgruntled Las Vegas Sands Corp. shareholders struck out with class-action lawsuits against the company last year in state court – but one returned with a new lawsuit Monday in federal court.

24 May 2010
By Steve Green

IGT gets legal win in patent lawsuit case

International Game Technology today said it scored a legal victory in part of a patent lawsuit filed in 2006 pitting IGT against competing slot machine maker Aristocrat Technologies Inc.

24 May 2010
By Las Vegas Sun Staff

Question evolving from legalization debate: How to tax online casinos?

At first glance, the 15-year debate on whether to regulate and tax Internet gambling appears to have evolved little from the initial standoff of morality and social costs on one side and libertarianism and financial need on the other.

24 May 2010
By Liz Benston

Casino profits slide 25 percent in Atlantic City

Severe winter weather, regional competition and an overall decline in consumer spending delivered a big blow to Atlantic City casinos during the first quarter of the year. Atlantic City’s 11 casinos reported a 25.2 percent drop in profit in the first three months of 2010.

21 May 2010
By Amanda Finnegan

Gaming company sues Pakistan firm alleging trademark infringement

Las Vegas gaming company Pinnacle Entertainment Inc. on Thursday sued an Internet firm in Pakistan that Pinnacle says is infringing on trademarks with a website promoting an Indiana casino.

21 May 2010
By Steve Green

Symposium examines future look of slot machines, players

Who will be the slot machine players of the future when Baby Boomers sail into the sunset?

21 May 2010
By Richard N. Velotta

Townsend offers to be liaison between Gaming Commission, lawmakers

Newly appointed Nevada Gaming Commission member Randolph Townsend is offering his experience with the Nevada Legislature — he had been a senator representing Washoe County since 1982 — to keep the gaming industry’s concerns before lawmakers.

20 May 2010
By Richard N. Velotta

New group enters dispute between MGM Mirage, Perini

On the eve of a meeting between Gov. Jim Gibbons and Perini Building Co. and its CityCenter subcontractors, another group has entered the fray over construction payments.

20 May 2010
By Steve Green

Aria to open high-limit poker room named for Phil Ivey

A view of the poker room at Aria on Dec. 14, 2009, before the resort opened.

Poker players worldwide revere Bellagio's fabled Bobby's Room, but wealthy card sharks have a new exclusive table on the Las Vegas Strip named for one of the game's most famous players.

20 May 2010
Associated Press

Outlook for Las Vegas Sands gets boost on Macau news

Moody’s Investors Service lifted Las Vegas Sands Corp.’s outlook from negative to positive on Thursday — the same day the company cemented financing to proceed with a big expansion in Macau.

20 May 2010
By Steve Green

Black Gaming demolishing Oasis casino in Mesquite

A lone truck drives along I-15 past the shuttered Oasis casino in Mesquite.

Bankrupt Black Gaming LLC is preparing to demolish its closed Oasis casino in Mesquite and some of the 900 Oasis hotel rooms.

19 May 2010
By Steve Green

Wynn Las Vegas apologizes for overbooking hotel

The Wynn Las Vegas prior to its opening in November 2005.

South San Francisco resident Ralyn Lee and some of her friends have been looking forward to a Las Vegas getaway since February. She and three girlfriends booked reservations at Wynn Las Vegas and planned a two-night stay and maybe a visit to the hotel’s spa.

19 May 2010
By Richard N. Velotta

Tropicana 'changing everything' in favor of new South Beach vibe

A view of the gaming pit on the casino floor at the Tropicana. The property is going through its first major renovation in nearly 25 years.

If the halls of the Tropicana could tell their stories, they’d have a rich history to share as one of the few Las Vegas hotels still standing more than 50 years after its opening. They’d tell tales of Tropicana's mobster owners and performers such as Sammy Davis Jr.

19 May 2010
By Amanda Finnegan

Wynn Resorts disputes it owes $32 million over Macau IPO

The newest resort Wynn Encore Macau, right, stands next to the Wynn Macau, left in center, in Macau Wednesday, April 21, 2010.

Wynn Resorts Ltd. is disputing a Connecticut investment company's claim that it's owed $32 million for participating in Wynn's IPO for its Macau gaming operations.

18 May 2010
By Steve Green

Station Casinos loses $53.5 million in first quarter

Station Casinos Inc. today said it lost $53.5 million in the first quarter as it spent $19.3 million on its bankruptcy reorganization. The loss compares to a loss in 2009’s first quarter of $33.7 million.

17 May 2010
By Steve Green
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