Las Vegas News - Page 272
Inside Gaming: Payouts from Spanish slots no threat to Megabucks
18 May 2015
Spain has more than 200,000 slot machines countrywide. The payouts are not life-changing for the customers, and the gaming revenue doesn't move the needle for operators.
Failed Las Vegas resort is finally ready for its close-up18 May 2015
With backing from megastar George Clooney, Las Ramblas was supposed to be an 11-tower set with gambling, condominium and hotel space on a 25-acre stage. But it turned out to be a complete flop.
Global Poker Index to power WSOP Player of the Year15 May 2015
The winner of the award will now be decided based on GPI's rankings system, and GPI's website will host the complete standings throughout the World Series of Poker.
Feds obtain new gambling indictment against Malaysian businessman14 May 2015
The new indictment adds a conspiracy charge against Paul Phua to the previous felony counts of operating an illegal gambling business and transmission of wagering information.
Cosmopolitan of Las Vegas halves net loss in latest quarter14 May 2015
The hotel-casino lost $5.39 million in the first quarter of 2015, compared to a loss of $12.7 million in the same quarter a year ago.
Paragon Gaming gets tentative nod to take over Westgate Las Vegas operations14 May 2015
The Gaming Control Board took little time recommending that Paragon be approved to run the 3,000-room Westgate, which was formerly known as the Las Vegas Hilton.
Pala Casino gives players chance at Three Card Poker National Championship13 May 2015
Pala's Shuffle Master Classic event in June will allow certain players to attend the championship at the Venetian in September.
Hooters Hotel sold to New York investment group13 May 2015
Trinity Hotel Investors bought the off-strip property for $70 million, but it's unclear what the new ownership's plans for the hotel-casino will be.
Caesars facing fine of up to $20 million to settle money laundering charges12 May 2015
Caesars was also informed a grand jury was looking into the charges regarding anti-money laundering practices of the company and its subsidiaries.
Sportsbooks adjust odds on Patriots after Brady suspension12 May 2015
As soon as the NFL sacked New England quarterback Tom Brady with a four-game suspension Monday, Las Vegas oddsmakers deflated the betting lines on the Patriots.
Station Casinos upbeat about jobs from new Strip project12 May 2015
The $4 billion Resorts World Las Vegas project is expected to create 30,000 new construction jobs.
Top 10 players I'll be watching at the 2015 WSOP11 May 2015
Casino City's Dan Podheiser will be watching certain players for various reasons at this year's World Series of Poker, from Twitch star Jason Somerville to amateur-turned-grinder Dean Baranowski.
Revenue, cash flow increase for Affinity Gaming11 May 2015
The casino operator saw its revenue increase by 1 percent in the first quarter, but its cash flow jumped by more than 30 percent compared to the same period a year ago.
Pentagon audit uncovers employee use of credit cards for gambling, sex8 May 2015
Pentagon employee travel expense credit cards used to pay for casino visits and sex worker services surreptitiously.
Casino owner Stevens buys up Riviera slot machines, other equipment8 May 2015
The owner of the D Las Vegas and the Golden Gate purchased the Riviera's 852 slot machines, four roulette wheels and spare machine parts.
Vegas books taking wait-and-see approach after 'Deflategate' report7 May 2015
Las Vegas sportsbooks have mostly decided to wait to see if New England Patriots quarterback Tom Brady will be suspended due to his involvement in the "Deflategate" scandal.
Caesars turns in best quarterly performance since 20087 May 2015
The company's gains in revenue were partly attributed to increased volume through Caesars Interactive, the subsidiary that runs the company's World Series of Poker online poker sites.
Apple Pay debuting at The Cosmopolitan of Las Vegas6 May 2015
By early June, the resort's front desk, concierge, restaurants and bars will accept the new payment method.
Dancers, dignitaries mark start of $4 billion Resorts World Las Vegas6 May 2015
The north end of the Strip came to life Tuesday with a groundbreaking for the $4 billion Resorts World Las Vegas project.
MGM Resorts reports stronger earnings despite revenue decline5 May 2015
The Las Vegas-based casino operator reported first-quarter earnings of $169.8 million, compared to $102.7 million during the same period a year ago.
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