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Las Vegas News - Page 276

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Las Vegas estimates Memorial Day weekend will be the busiest of the year

Officials predict 330,000 visitors, more than turned up for New Year's or the Mayweather-Pacquiano fight, and travel numbers are the highest they've been for Memorial Day weekend in 10 years.

Rise in proxy battles indicates vulnerability in gaming industry

Proxy battles are common in corporate America, but they can be time-consuming and expensive. In the past several years, the gaming industry has become embroiled in many proxy battles.

Teamsters suspend picket line at SLS Las Vegas

The union says it will resume picketing if it cannot organize the casino's valet parking employees.

Construction started on Lucky Dragon boutique hotel

The 201-room hotel will be designed to appeal primarily to middle-income Asian tourists, featuring games popular in Asia and an Asian-influenced architectural style.

Full Flush Poker announces Stairway to Vegas Step Challenge winners

The first place winner will be going to the World Series of Poker Millionaire Maker tournament, and the second and third place winners have received cash prizes.

Las Vegas Convention and Visitors Authority approves FY2016 budget

The board of directors unanimously approved a $228.1 million budget in less than 25 minutes.

Nevada small limo companies push back against anti-competitive regulation

Currently, in Nevada, large taxi companies can add new vehicles at will, but smaller companies can only add them with the permission of the large ones. SB183 would end that.

Malaysian businessman pleads not guilty in new gambling case

The charges stem from an FBI-led raid July 9 at three luxury Caesars Palace villas used in what authorities said was a worldwide multimillion-dollar betting operation.

Key shareholder urges that Affinity Gaming be sold

Illinois-based Z Capital Partners says Affinity "has seen no meaningful board leadership or value creation for shareholders" since it was created in 2010 following the bankruptcy reorganization of Herbst Gaming.

Teamsters picket as SLS Las Vegas

The Teamsters Local 986 claims the casino has blocked its valet parking attendants from forming a union and committed unfair labor practices.

Analysis: 'Net gambling bill accidentally criminalizes some Nevada sports bets

A bill in Congress that would ban Internet gambling would inadvertently criminalize Nevada's booming mobile sports wagering business.

MGM Resorts files application to leave Nevada Power Co.

MGM becomes the latest Las Vegas operator to leave Nevada Power and purchase its own electricity on the wholesale market, joining Wynn Resorts and Las Vegas Sands.

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

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.

Shareholder ends proxy fight with MGM Resorts

New York-based Land and Buildings Investment Management says "substantial insider shareholders" were resistant to changing the company's board.

Top 10 Twitter accounts to follow during the 2015 WSOP

As the 2015 World Series of Poker approaches, Casino City's Aaron Todd provides a rundown of the best players, media personalities and WSOP staff to follow throughout the series.

MGM Resorts selects general manager for Bellagio

Olivia Brown has more than 25 years experience in the hospitality industry, most recently serving as general manager of the Ritz-Carlton Boston Commons.

Quarterly profits nearly double for Stratosphere owner

American Casino & Entertainment Properties profited $8 million in the first quarter of 2015, compared to $4.5 million in the same period last year.

Inside Gaming: Payouts from Spanish slots no threat to Megabucks

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-up

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 Year

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.

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