Although Macau surpassed the Las Vegas Strip in 2006 and is still the reining revenue champion, Las Vegas is still king of the game in many ways with more visitors arriving each year, as well as pioneering the concept of integrated casino resorts. Three of the four US-listed companies that operate in China also call Las Vegas home - Las Vegas Sands Corp., Wynn Resorts Ltd., and MGM Resorts International. Any move by the big players in Sin City has an effect on operations all over the world. World Casino News covers The Strip and Glitter Gulch as casinos open and close, C-Suite Executives rise and fall, and as Downtown is revitalized by important operators into a more sophisticated gambling and entertainment zone.
Follow the news here to stay abreast of changes as Wynn expands, properties change operations to accommodate millenials, and game manufacturers consolidate through mergers & acquisitions. We've got Las Vegas covered for you.
Investment bank Macquarie Group Ltd. has been retained to explore a possible sale of the Palms Casino Resort in Las Vegas, according to people close to the matter, Bloomberg reported Friday. Numbers out of Las ...
The story today seems to be much as it was in December when Larry Gandler, a gaming analyst for Credit Suisse noted in a research report that Crown Resorts was trying to fund their Las Vegas Strip Alon Resort d...
Beijing based Ourgame International Holdings Ltd. bought the World Poker Tour from Bwin.Party Digital Entertainment Plc in an all cash deal for $35 million last summer. Now they have their eye set on placing as...
Forty-two acres near the University of Nevada, Las Vegas (UNLV) could be the new home of the Rebel’s football team and quite possibly a National Football League (NFL) franchise as a consortium of investors led ...
MGM Resorts International, the biggest casino enterprise on the Las Vegas strip has invested heavily into its subsidiary MGM China Holdings Ltd to expand its operations in Macau, the biggest gambling hub in the...
Former Las Vegas Sands president, William Weidner and real estate developer Andrew Fonfa seem to have fallen back on "Plan A" to raise investment capital for their maverick Asian-themed gaming and entertainment...
Caesars Entertainment Operating Company, Inc. is looking to cut its debt load of more than $18 billion roughly in half through a Chapter 11 bankruptcy filing. In March 2015 Judge A. Benjamin Goldgar of the U.S....
While major Nevada casino stakeholders have been heavily investing in the emerging Asian gambling markets, one Chinese entrepreneur is betting on the future of electric cars – and investing (to the tune of US $...
Figures published by the Nevada Gaming Control Board revealed that the state generated a $944.3 million gaming revenue, which shows a 7.8% improvement in comparison to November, 2014. The record high sports bet...
On December 18 the House and Senate passed a $1.1 trillion omnibus tax & spending bill that averted a shutdown of the US government. President Obama signed it into law the same day. Included in the bill wer...
Year on year numbers show about 10% more people flew in and out of McCarran International Airport in Las Vegas during November this year. Total traveler visits for November 2015 were 3.7 million. According to s...
Billionaire James Packer, the son of the late Kerry Packer played a key role in transitioning the family business from one that focused on broadcasting and publishing to Crown Resorts, a multi-billion dollar ca...
Last week a mysterious company purchased one of the most important newspapers in the gambling industry in the swing state of Nevada. Now, the Las Vegas Review-Journal confirms that the money behind News + Media...
Gaming & Leisure Properties Inc. (GLPI) a real estate Investment trust (REIT) spin-off of Penn National Gaming, has acquired Meadows Racetrack & Casino, a racino in Washington, PA near Pittsburgh. An an...
The journalistic community is in a frenzy to determine who is behind the company that purchased the Las Vegas Review Journal less than a week ago, not the least of whom are reporters that work for the Las Vegas...