Las Vegas News - Page 262
Shareholders to vote Feb. 10 on GTECH-IGT merger
5 January 2015
The vote will be held at The Signature at MGM Grand Las Vegas.
Culinary extends olive branch to new owners of Cosmopolitan Las Vegas5 January 2015
The Cosmopolitan’s previous owners, Germany-based Deutsche Bank, wanted to sell the hotel-casino and didn’t want a union agreement potentially holding up a deal.
MGM Resorts to hold a job fair for 700 Las Vegas summer positions5 January 2015
The career fair will be held in the MGM Grand Conference Center, 4701 Koval Lane, inside the marquee ballroom on Tuesday from 10 a.m. to 4 p.m. and Wednesday from 1 p.m. to 7 p.m.
Quick Guide: Vegas New Year's Eve31 December 2014
Tonight will see some spectacular fireworks display in Las Vegas.
Inside Gaming: The shape of things to come for Caesars31 December 2014
It’s abundantly clear Caesars Growth Partners is key to the planned bankruptcy restructuring of overly leveraged affiliate Caesars Entertainment Operating Co.
Malaysian official intervenes in illegal betting case30 December 2014
Ahmad Zahid Hamidi, Malaysia’s minister of home affairs, sent a letter earlier this month to Deputy FBI Director Mark Giuliano in Washington rebutting FBI claims that the lead defendant in the high-stakes betting case is tied to a powerful Chinese crime syndicate
Caesars says 39 percent of creditors agree to restructuring plan30 December 2014
Caesars spelled out much of the reorganization plan, in which Caesars Entertainment Operating Co. would be restructured through a prepackaged bankruptcy in January.
Major events underscore business news in Las Vegas in 201429 December 2014
Whatever this state does, it does big. When it booms, it leads the nation in growth. When it busts, well — that’s epic, too.
Casino City Gang: Reversal of fortune edition24 December 2014
Casino City's Vin Narayanan and Aaron Todd discuss Sen. Harry Reid's waffling on online gaming as he prepares for his demotion to Senate minority leader next year, the main operating unit of Caesars Entertainment announcing its decision to file for bankruptcy and the new World Series of Poker schedule, which includes a $565 tournament. And, as always, they close show by picking every NFL game this weekend against the spread.
2015 WSOP to begin May 27; opening weekend to feature $565 "Colossus"23 December 2014
The 2015 World Series of Poker will be held from May 27 - July 14, and this year the tournament series will feature a $565 buy-in "Colossus" with a $5 million guaranteed prize pool.
Judge to decide on evidence in World Cup illegal betting case19 December 2014
Lawyers for wealthy Malaysian businessman Paul Phua and his son, Darren Phua, are seeking to get evidence seized in a July 9 raid at luxury Caesars Palace villas tossed out of court.
Nevada Gaming Commission OKs $1.73B Cosmopolitan sale19 December 2014
The Nevada Gaming Commission Thursday signed off on the $1.73 billion purchase of Strip resort by Blackstone Real Estate Partners VII, a division of New York City-based Blackstone Group.
Nazarian issues apologies, and gaming regulators OK limited license19 December 2014
Sam Nazarian said he was sorry for past dealings with Derrick Armstrong, a convicted felon from Los Angeles who allegedly extorted $3 million from him by threatening his family and SBE employees.
Agent testifies about raid on gambling operation18 December 2014
Ricardo Lopez, who worked undercover for the FBI during the investigation, testified in federal court that a Caesars security officer who had tipped off authorities to the gambling operation told him a top company executive was complaining about not being in the loop of the investigation.
Gaming exec McBeath tapped as new CEO of Cosmopolitan of Las Vegas18 December 2014
Bill McBeath will take over the property once Blackstone Real Estate Partners VII takes ownership of the resort, possibly as soon as Friday.
Finally: Las Vegas officially gets 40 millionth annual visitor17 December 2014
Everybody thought it would occur last year, but the total fell short of the 39.7 million recorded the year before.
Nazarian to step back from SLS Las Vegas daily duties17 December 2014
The move comes two days before Nazarian, 39, considered the visionary behind the SLS Las Vegas, meets with the Nevada Gaming Commission over his request for a gaming license for the Strip resort.
Caesars security discovered World Cup betting room before feds brought in, witness says17 December 2014
A top casino security officer testified Tuesday how his internal investigation led to an FBI raid on an alleged World Cup betting scheme operating out of luxury Caesars Palace villas.
Former UNLV star scores with new baccarat game16 December 2014
Sometimes late at night Bobby Florence will stop by the main gaming floor at the Gold Coast where people are wagering money on a new baccarat game called Rabbit’s Play.
Caesars skips $225 million interest payment16 December 2014
The interest payment, due on second-tier debt covering its Caesars Entertainment Operating Co., business unit, has a 30-day grace period.
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