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Mesquite casino takes a gamble on employee ownership

November 8, 2015

Latest Casino and Gambling News, Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Nevada

Owners of Nevada’s Eureka Casino Resort are introducing an intriguing business strategy by converting the casino-resort’s retirement account into an Employee Stock Ownership Plan (ESOP). Just off I-15 in Mes...

Eldorado’s purchase of MGM’s Reno casinos given tentative ok by gaming regulators

Kim M

November 6, 2015

Casino News, Latest Casino and Gambling News, Casino expansion projects, North America Casino News, Casino project updates, Gaming Industry News, Licenses, Mergers, Acquisitions & Partnerships, Nevada

The purchase of Circus Circus Reno and the remaining half of the Silver Legacy from MGM Resorts International by Eldorado Resorts drew praise from Nevada gaming regulators on Thursday. The move by Eldorado Reso...

Unfinished Fontainebleau on Vegas Strip to be veiled

Kim M

November 6, 2015

Casino News, Latest Casino and Gambling News, North America Casino News, Casino project updates, Gaming Industry News, Nevada

The never-ending construction of the nearly completed Fontainebleau casino-hotel high-rise is being covered up to improve the view on the Las Vegas Strip. A relatively routine request for a time extension fo...

Washoe Tribe and Poarch Creeks start work on casino project

Kim M

November 5, 2015

Casino News, Latest Casino and Gambling News, Tribal Gaming, North America Casino News, Gaming Industry News, Casino project updates, California, Mergers, Acquisitions & Partnerships, Nevada

On Thursday, the Washoe Tribe of Nevada and California broke ground on its new casino in South Gardnerville, Nevada in Douglass County. The casino will be adjacent to the tribe’s new $11.78 million Wa She Sh...

Seals With Clubs bitcoin poker site founder Micon to be sentenced

Lars Jones

November 3, 2015

Poker Law, Las Vegas, Online Poker, Bitcoin accepting properties, Unlicensed Operation, Fines, Lawsuits & Litigation, Nevada

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Professional poker player and bitcoin poker site owner, Bryan Micon is expected to be sentenced in Las Vegas today for operating an unlicensed poker site in the online regulated state of Nevada. After accepting...

Media reports French foreign minister’s son faces U.S. charges for bad checks

Kim M

November 2, 2015

Latest Casino and Gambling News, Las Vegas, Casino News, World Casino News, Gaming Industry News, France, Crime, Fines, Lawsuits & Litigation, Nevada

According to a CNN report, France’s foreign minister’s son Thomas Fabius, 33, allegedly passed bad checks to casinos in Las Vegas and faces criminal charges in the United States for his actions. A criminal c...

MGM posts unexpected Q3 profits (China falls) plans REIT spinoff

Lars Jones

October 30, 2015

Las Vegas, Casino News, Latest Casino and Gambling News, Economy/Finance, Mergers, Acquisitions & Partnerships, Nevada

While MGM China Holdings Ltd profits showed a more than 30% decline over the same quarter a year ago, MGM Resorts International (MGM) did better overall with US operations compensating for the losses overseas. ...

Nevada revenues improve with uptick in baccarat, football numbers

Sadonna Price

October 30, 2015

Latest Casino and Gambling News, Las Vegas, Casino News, Economy/Finance, Nevada

After spending the past three months in a losing streak with casino gaming, the state of Nevada has now caught a break. Thanks to the return of the pro football season as well as the game of baccarat, the casin...

Caesars Palace plans $75 million upgrade for 50th birthday

Sadonna Price

October 23, 2015

Latest Casino and Gambling News, Las Vegas, Casino expansion projects, Nevada

Caesars Palace in Las Vegas, Nevada is turning the big 5-0 and plans on celebrating by spending $75 million in upgrades. The owner of the casino, Caesars Entertainment Corp. is due to announce today that they p...

Tropicana Las Vegas owners to improve restaurants

Sadonna Price

October 20, 2015

Latest Casino and Gambling News, Las Vegas, Casino expansion projects, Nevada

Describing the property as a dormitory, the new owners of the Tropicana Las Vegas are planning on making a few changes since paying $360 million for the property. Tim Wilmott, the CEO of Penn National Gaming, t...

Managers at Stateline casino terminated by Parks

Kim M

October 19, 2015

Latest Casino and Gambling News, Casino News, North America Casino News, Gaming Industry News, Casino project updates, Labor Relations, Fines, Lawsuits & Litigation, Nevada

A hearing is scheduled for Monday in Minden in a $6.9 million lawsuit seeking remuneration for work done to the Hard Rock Hotel & Casino in Stateline, Nevada. Thursday’s suit in Washoe County claims that...

Ex-Director of Wynn Resorts Ltd. to return to Las Vegas for questioning

Sadonna Price

October 19, 2015

Las Vegas, Latest Casino and Gambling News, Hong Kong, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation, Philippines, Nevada

Kazuo Okada formerly held the director position at the top gambling company, Wynn Resorts Ltd., before he was fired from his position, reportedly by Steve Wynn himself. Okada was removed from the board of the c...

Nevada legal opinion of DraftKings released Friday

Sadonna Price

October 18, 2015

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Nevada

Soon after the decision was made to consider daily fantasy sports gambling, with the Nevada Gaming Control Board calling for an immediate shut down of the activity until licensing was approved, the State Attorn...

Reports: DOJ orders FBI to investigate DraftKings, FanDuel

Lars Jones

October 16, 2015

Las Vegas, Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Illegal Bookmaking, Unlicensed Operation, Fantasy Sports, Fines, Lawsuits & Litigation, Massachusetts, Nevada, New Jersey

The daily fantasy sports (DFS) industry is under siege from all quarters. Wednesday the Wall Street Journal, quoting anonymous sources, reported that the U.S. Department of Justice (DOJ) and FBI are investigati...

Nevada Gaming Control Board rules daily fantasy sports must be licensed

Sadonna Price

October 16, 2015

Latest Casino and Gambling News, Gaming Law & Legislation, Las Vegas, Casino News, Unlicensed Operation, Sports betting, Fantasy Sports, Nevada

On Thursday, the Nevada Gaming Control Board ( NGCB) decided to rule that daily fantasy sports will require a license if companies are going to operate in the state. The board ruled the activity a form of gambl...

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Mesquite casino takes a gamble on employee ownership

Eldorado’s purchase of MGM’s Reno casinos given tentative ok by gaming regulators

Unfinished Fontainebleau on Vegas Strip to be veiled

Washoe Tribe and Poarch Creeks start work on casino project

Seals With Clubs bitcoin poker site founder Micon to be sentenced

Media reports French foreign minister’s son faces U.S. charges for bad checks

MGM posts unexpected Q3 profits (China falls) plans REIT spinoff

Nevada revenues improve with uptick in baccarat, football numbers

Caesars Palace plans $75 million upgrade for 50th birthday

Tropicana Las Vegas owners to improve restaurants

Managers at Stateline casino terminated by Parks

Ex-Director of Wynn Resorts Ltd. to return to Las Vegas for questioning

Nevada legal opinion of DraftKings released Friday

Reports: DOJ orders FBI to investigate DraftKings, FanDuel

Nevada Gaming Control Board rules daily fantasy sports must be licensed

Genting Berhad Announces Leadership Transition as Lim Kok Thay Steps Down as CEO

Queensland Government Launches Comprehensive Racing Industry Review

Victoria Gambling Regulator Fines Peninsula Club Over Underage Gambling

Thailand Revises Casino Entry Rules, Drops $1.5M Bank Balance Requirement

Whiskey Pete’s Casino Closure: A Three-Year Hiatus in Primm