Henderson News - Page 14

“The most important economic data points are all trending in the right direction,” says Station Casinos Chief Financial Officer Marc Falcone, who spent more than a decade as a Wall Street analyst. “The only place we’re not seeing it is in gaming revenue.”

The transaction, announced Wednesday, is subject to regulatory approval and expected to close by the end of the year.

The Gaming Control Board told its license holders Tuesday that they cannot participate in Nevada’s potential medical marijuana business.

World poker champion Chris Moneymaker is ambassador of the HPO and will be competing alongside players in the Championship Main Event.

The Green Valley Ranch changes are expected to be completed by spring 2015.

Nothing has occupied the first floor of downtown Henderson’s Pinnacle Building for three years, but a sale of the structure was approved last week, paving the way for an urban lounge to fill the empty space.

The food and beverage director at Texas Station claims Station Casinos has a practice or policy “of intentionally refusing to compensate women equal pay for similar work done by male co-employees.”

Penn National Gaming, which owns M Resort, is again looking at the Strip for possible expansion opportunities.

It was not fun for those who bet Kansas, a 7-point favorite over Stanford. Wiggins had four points and four turnovers in the Jayhawks’ 60-57 loss.

ESPN personality Hank Goldberg led a seminar on this year's March Madness at Sunset Station on Wednesday, March 19, 2014.

Elegant Parlour Suite at Wynn Las Vegas takes the top spot.

Semion Kronenfeld faces 12 counts, including theft and obtaining money under false pretenses.

Here’s a look at the Top 10 casinos for locals, based on the Best of Las Vegas rankings as of Tuesday.

M Resort named Four-Star Hotel for fifth consecutive year and Spa Mio named Four-Star Spa for fourth consecutive year.

Instead of watching a decadelong, billion-dollar investment go down the drain, CG Technology CEO Lee Amaitis and Cantor Fitzgerald Chairman Howard Lutnick accepted the stipulated agreement to the 18-count complaint, which included the $5.5 million fine.

The 18-count complaint alleges Lee Amaitis, president and CEO of Cantor Gaming, and the company failed to supervise Michael Colbert sufficiently to prevent his illegal sports gambling activities.

The casino operator, which owns M Resort, said its net income for the third quarter that ended Sept. 30 was $41.3 million or 40 cents per share.

Penn National shareholders will receive one share of common stock in the real estate investment trust equal to each share of common stock held in the casino operator as of Oct. 16, the record date for the spinoff.

The company, which owns M Resort, announced Thursday the Iowa Racing and Gaming Commission, Louisiana Gaming Control Board, Mississippi Gaming Commission and the Pennsylvania State Racing Commission approved the steps necessary to implement the planned separation.

After gaining experience in other management roles with the company, including as assistant general manager at the Santa Fe Station and Red Rock Resort, Stagg returned to Sunset Station this year.