Henderson News - Page 12

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Pinnacle, GLPI agree on $4.75 billion merger

22 July 2015

After two rejected offers, Pinnacle has accepted an offer from GLPI rather than form its own spinoff REIT.

GLPI reaches agreement with Pinnacle to acquire real estate assets

21 July 2015

Gaming and Leisure Properties, Inc., will acquire nearly all of Pinnacle's real estate properties, and the properties will be spun off into separate property and operating companies.

UNITE HERE asks Nevada regulators to investigate Deutsche Bank

13 July 2015

UNITE HERE's Culinary Workers Union Local 226 has written to the Nevada Gaming Commission and Control Board expressing concern over Deutsche Bank's suitability to retain its ownership share in Station Casinos.

Nevada regulators recommend Full House CEO for gaming license

9 July 2015

Dan Lee, who took over Full House Resorts seven months ago, was recommended for a gaming license by the Nevada Gaming Control Board on Wednesday.

Pinnacle Entertainment considers new proposal from GLPI

8 July 2015

GLPI, an REIT spun off of Penn National Gaming, has repeatedly offered to acquire Pinnacle's real estate holdings, rather than having Pinnacle create its own REIT.

Summerlin planning biggest Fourth of July parade in Nevada

6 July 2015

The Western Las Vegas Valley expects upwards of 30,000 attendees for its Fourth of July parade, and other festivities are planned across the state.

Pinnacle Entertainment planning a deal with GLPI

24 June 2015

Talks have been ongoing, and analysts believe a deal is likely to be signed sooner rather than later.

Boyd Gaming optimistic about Las Vegas locals market

15 June 2015

Boyd Gaming CEO Keith Smith says the area's economy is improving and cites growth in gaming and nongaming revenue in the past quarter.

Penn National names top execs for Las Vegas properties

11 June 2015

Former M Resort president Anthony Marnell III will take on a strategic consulting role at M Resort and the Tropicana. Penn National named Bob Sheldon the new president of M Resort.

Nevada Gold signs agreement to acquire Club Fortune

27 May 2015

The $14.2 million acquisition will expand Nevada Gold's geographic diversity, the deal is expected to close in spring of 2016.

Nevada Gold moves to acquire Club Fortune Casino

26 May 2015

The Henderson casino would be the Las Vegas-based company's first gaming property in the state of Nevada.

Inside Gaming: Purchase of Tropicana Las Vegas keeps alive Rat Pack-era name

20 May 2015

The transaction, which is expected to close by the end of the year, not only gives Penn its long sought-after address on the Strip, but keeps alive an historic name and a Rat Pack-era property.

Station Casinos upbeat about jobs from new Strip project

12 May 2015

The $4 billion Resorts World Las Vegas project is expected to create 30,000 new construction jobs.

Two casino companies report improved first-quarter results

27 April 2015

Two casino companies with Nevada ties had improved first-quarter results, including Las Vegas-based Pinnacle Entertainment which reported record net revenue.

Suicide at M Resort blamed on loss of free buffet for life

8 April 2015

The day before he put a gun to his head and killed himself at an M Resort buffet on Easter, a Las Vegas man filled a box with his complaints against the resort and its employees and mailed it to the Las Vegas Review-Journal.

Hedge fund proposes REIT split for MGM Resorts

18 March 2015

MGM Resorts Chairman Jim Murren discussed the company forming a REIT last month during a quarterly conference call.

REIT offers to buy real estate of Pinnacle Entertainment

10 March 2015

Gaming and Leisure Properties Inc. said in a statement the proposed transaction would create the third-largest triple-net REIT by enterprise value.

Inside Gaming: Real estate investment trust concept could happen for MGM Resorts

9 March 2015

The gaming industry has embraced REITs, which, by law, don’t pay federal income taxes.

A revived locals market could push Station Casinos to IPO

25 February 2015

During the Station Casinos’ fourth-quarter earnings conference call a week ago, an analyst asked if the privately held casino company would be publicly traded once again.

Station Casinos upbeat about locals gaming market

18 February 2015

The company reported revenue and cash flow figures that were at levels not seen since 2008.

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