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

October 30, 2015

Casino News, Latest Casino and Gambling News, Las Vegas, 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

Las Vegas, Casino News, Latest Casino and Gambling 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

Las Vegas, Latest Casino and Gambling News, 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

Casino News, Latest Casino and Gambling 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

Latest Casino and Gambling News, Las Vegas, 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

Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Las Vegas, 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

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Las Vegas, 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...

Clinton joins 500 ‘happy’ workers at Trump Hotel protest in Vegas

Alex Lanter

October 14, 2015

Latest Casino and Gambling News, U.S.A., Las Vegas, World Casino News, Labor Relations, Nevada

Hillary Clinton, who is running for president of the Unites States, stopped at a union rally right in front of Donald Trump’s hotel on the Las Vegas Strip to mock him on the day of the first Democratic presiden...

US Rep. for Vegas Strip wants Congress to look at daily fantasy sports legality

Lars Jones

October 12, 2015

Las Vegas, Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Online gambling regulation, Sports betting, Fantasy Sports, Nevada

US Representative Dina Titus of Nevada wants a congressional hearing to explore the legalities of daily fantasy sports (DFS). In a letter to the chairman of the House Committee on Energy and Commerce on Thursda...

Bail set in million dollar Bellagio craps scam

Sadonna Price

October 7, 2015

Latest Casino and Gambling News, Casino Cheating, Fines, Lawsuits & Litigation, Nevada

Over a time frame of two years, four men were able to take down over $1 million from the craps tables at the Bellagio Casino, defeating major odds of 452 billion to one. According to Zachary Levine, a statistic...

Nazarian sells entire stake in SLS Las Vegas

Kim M

October 7, 2015

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

Entrepreneur and founder, chairman and CEO of SBE Entertainment Group, Sam Nazarian is selling his minority stake in the money-losing SLS Las Vegas Hotel & Casino on the Las Vegas Strip. The company is also...

Vegas casinos petitioning to buy their electricity wholesale

D. Graham

October 5, 2015

Casino News, Latest Casino and Gambling News, North America Casino News, Economy/Finance, Nevada

It all started November 2014 when the Las Vegas data storage company, Switch, petitioned the Nevada Public Utilities Commission their intention to leave NV Energy, owned by Warren Buffett’s Berkshire Hathaway....

Stratosphere Casino hosts 200,000th jumper at SkyJump Las Vegas

Sadonna Price

October 5, 2015

Latest Casino and Gambling News, Nevada

Since 2010, the Stratosphere Hotel, Casino & Tower has hosted the SkyJump Las Vegas attraction. Visitors brave enough would take the controlled 855 foot drop from the top of the Stratosphere Tower. A specia...

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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

Clinton joins 500 ‘happy’ workers at Trump Hotel protest in Vegas

US Rep. for Vegas Strip wants Congress to look at daily fantasy sports legality

Bail set in million dollar Bellagio craps scam

Nazarian sells entire stake in SLS Las Vegas

Vegas casinos petitioning to buy their electricity wholesale

Stratosphere Casino hosts 200,000th jumper at SkyJump Las Vegas

Florida’s Gambling Overhaul Bill Moves Forward, Drawing Fire from Veterans and Racing Industry

Macau’s Mass Market Gaming Dominates 1Q25, But Revenue Growth Slows

Booming Games Brings Classic Springtime Cheer in Easter Classics Online Slot

Saks Fifth Avenue Drops Plans for Midtown Casino

Aristocrat Nears $1B Acquisition of Interblock to Enter ETG Market