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Las Vegas News - Page 280

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Nevada Supreme Court upholds 'markers law'

The court upheld the Clark County District Court conviction of California businessman Harel Zahavi on four counts of drawing and passing a check without sufficient funds and with the intent to defraud.

Caesars sells 20 percent interest in Ohio casinos

Caesars will continue to manage the properties, which will remain part of the company’s Total Rewards player loyalty program.

A revived locals market could push Station Casinos to IPO

During the Station Casinos’ fourth-quarter earnings conference call a week ago, an analyst asked if the privately held casino company would be publicly traded once again.

Caesars denies another request from second-level bond holder

In a filing with the SEC Monday, Caesars said BOKF N.A. asked for payment on $750 million in debt plus interest. Caesars said it turned down the payment demand.

Inside Gaming: How would legalizing U.S. sports betting change Nevada's industry?

If legal sports books pop up in California Indian casinos, for example, would the Strip’s high-end gambling facilities dry up?

Once down on its luck, Las Vegas's North Strip is coming back

Casino operators in the north Strip area say development of a permanent, 33-acre, open-air concert venue by MGM Resorts International will facilitate increased business.

MGM Resorts plans job fair, hopes to add more than 500 workers in Las Vegas

MGM Resorts International will hold a job fair Wednesday at the Mandalay Bay Events Center to hire more than 500 permanent positions at 12 of the company’s Strip-area resorts.

Report: Exec popped for $300k dinner after run at blackjack

Bloomberg News reported Wednesday that Vice Media Inc. CEO Shane Smith sprung for the dinner following a lucky run at the casino’s blackjack tables.

Culinary leaders toast new ownership of Cosmopolitan Las Vegas

Eighteen months ago, the union and The Cosmopolitan weren’t very chummy.

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.

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