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Las Vegas News - Page 273

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Caesars again rebuffs debt holders' request for payment

In a filing Wednesday with the SEC, Caesars dismissed as “meritless” a request from the Wilmington Savings Fund Society for immediate payment of $3.68 billion in principal and $185 million in interest.

Station Casinos upbeat about locals gaming market

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

$300k dinner bill ‘sign people are ready to spend again,’ MGM chairman says

MGM Resorts International Chairman Jim Murren told analysts and investors Tuesday there were “encouraging signs” of increased customer spending at his company’s 10 Strip resorts in the past few months.

McCain, others change their tune on sports wagering

“We need a debate in Congress,” the Arizona Republican said recently. “We need to have a talk with the American people, and we need to probably have hearings in Congress on the whole issue so we can build consensus.”

Gaming Control Board signs off on Olympic wagering regulation

The proposal, to be considered by the Nevada Gaming Commission later this month, would let bookmakers place betting lines on Olympic sporting or athletic events sanctioned by the International Olympic Committee.

Las Vegas NHL boosters kick off official ticket drive

On Tuesday afternoon, lead investor Bill Foley launched a ticket deposit drive with NHL Commissioner Gary Bettman endorsing Foley's campaign to measure the market's interest.

Bettman: NHL may soon have to address legal sports betting

The National Hockey League has not taken a position on legalizing sports wagering, but it’s an issue it may have to address.

International electric company is first big sponsor for MGM's Las Vegas arena

Schneider Electric, the Paris-based energy management company that will create the arena’s power system, has signed a multi-year deal to become a “founding partner” for the $375 million, 20,000-seat venue.

Architect of Vegas icons Bellagio and Fremont Street Experience has died

Jon Jerde was founder and chairman of the Jerde Partnership, a design studio based in Venice, Calif.

Gaming Insider: The future of gaming is already here

Tables that resemble giant smart phones inside The Mirage and MGM Grand Las Vegas are the future of gaming.

Nevadan at Work: Affinity Gaming CEO finds happiness managing casinos in smaller markets

Michael Silberling was named CEO of Las Vegas-based Affinity Gaming in August.

Top-10 events to look forward to in the 2015 WSOP

Casino City's Aaron Todd looks forward to some of the most intriguing events at this summer's World Series of Poker.

Caesars new CEO to earn $1.8 million, eligible for bonus

Mark Frissora can earn up to 150 percent of his base salary in bonus pay, has use of the company aircraft, and will receive “certain relocation benefits” for moving to Las Vegas, the SEC filing said.

Station Casinos to operate sportsbook at Sparks casino

The location is the company’s second sports book operation outside its large and small casinos in the Las Vegas area.

Caesars CEO Loveman stepping down in wake of bankruptcy

The change comes less than a month after Caesars placed its largest operating unit into a pre-packaged bankruptcy to eliminate almost $10 billion in debt.

Full Flush Poker launches 2015 WSOP promotions

FFP is sending members to Las Vegas this summer for Poker's Holy Grail.

Redevelopment planned for casino on Paradise Road

A local real estate developer said Tuesday he acquired majority ownership of the Mardi Gras Hotel & Casino on Paradise Road and plans to redevelop the property.

Federal judge recommends tossing out evidence in sports betting case

U.S. Magistrate Judge Peggy Leen found that "false and misleading statements" were made by FBI agents in a sworn affidavit they submitted in seeking a judge's permission to search the villas in July.

WSOP releases 2015 schedule

The 46th annual World Series of Poker – a set of poker tournaments open to anyone 21 years of age or older – officially puts cards in the air, Wednesday, May 27, 2015, with nearly $200 million in prize money up for grabs, and several new events and changes in store to provide better value and excitement to poker’s version of Woodstock – including a huge increase in starting chips.

Vegas sees largest convention numbers since 2008 with 5.2 million

The Las Vegas Convention and Visitors Authority on Friday publicly confirmed what most people already knew, that a record 41.1 million people visited Southern Nevada last year.

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