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Las Vegas News - Page 320

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Nevada casino revenue increases for second year in a row

Casinos in Nevada collected $10.7 billion in gaming revenues in 2011, a 2.8 percent increase over 2010 and the highest annual jump in four years.

Las Vegas visitor volume jumps in 2011

Nearly 39 million people visited Las Vegas in 2011, a 4.3 percent increase compared to 2010 and only 300,000 people below a record 39.2 million in 2007.

Fertittas get majority ownership of Station Casinos

Station Casinos minority owners Frank Fertitta III and Lorenzo Fertitta plan to buy out another shareholder for $73 million.

Caesars Entertainment stock on sale Tuesday

Roughly 1.8 million shares of the Las Vegas-based casino operator were expected to be listed sometime Tuesday on the Nasdaq Global Select Market.

Super Bowl generates nearly $94 million in betting handle

Nevada's wagering handle of $93.9 million represented the second-largest total in history, and the 184 books held slightly more than $5 million for a win percentage of 5.4.

Wynn Resorts reports Q4 and year end 2011 results

Net revenues for the year ended 2011 increased 25.9%.

Caesars releases 2012 WSOP schedule

Caesars Interactive Entertainment has released the much-anticipated 2012 World Series of Poker schedule, and with several new events, a few lower buy-ins and some tweaks to the $10,000 Main Event, poker players have plenty to digest.

Gambling stocks get boost in January

All 10 publicly traded casino operators and slot machine manufacturers charted by Las Vegas-based financial adviser Applied Analysis posted gains.

Ladbrokes makes move into U.S. gaming market

The British bookmaker paid $3 million to acquire 65 percent of Stadium Technology Group, a supplier of software and in-game betting applications to sportsbook operators.

WMS sees revenues, profits fall in second quarter

The slot machine make said despite the fall in revenues and profits both showed an increase over the first quarter.

Regulators OK Cantor operation of Palms sportsbook

The Nevada Gaming Commission on Thursday unanimously approved Cantor Gaming's application to take over operations of the race and sports book at the Palms.

Las Vegas casino hosting bingo tournament

The Plaza Hotel and Casino will host its $150,000 Super Bingo tournament from Jan. 29-31, with former mayor Oscar Goodman calling the first balls on the last day.

Women lose discrimation case against casino

Six women lose their discrimination case against Treasure Island Casino.

IGT profits fall in first quarter

International Game Technology said fewer new casino openings in North America last year and limited activity in the expansion market cut into the company's overall revenues and profits.

Las Vegas welcomes Obama's tourism push

Tourism industry leaders in Las Vegas applauded a new strategy from President Barack Obama to boost foreign tourism in the U.S.

CityCenter forming partnership with Sotheby's

The Las Vegas mega-resort announced a partnership with Sotheby's International Realty to market The Residences at Mandarin Oriental and Veer Towers.

Analyst has "grave concerns" about IGT purchase

Union Gaming Group principal Bill Lerner said IGT could hurt its core slot machine business and may be spending too much to acquire Double Down Interactive.

Celine Dion, Caesars, AEG team up for fundraiser for Children's Hospital Boston

Legendary entertainer pays tribute to cause with touching benefit event; “Play Without Pain: Children’s Sickle Cell Benefit”

New Palms president optimistic on prospects

Joseph Magliarditi said Tuesday that the off-Strip resort enjoyed a profitable last six months of 2011, even as the hotel finalized its new ownership structure.

Gordon Ramsay opening restaurant in Vegas

The celebrity chef will open a restaurant at Paris Las Vegas in the spring called Gordon Ramsay Steak.

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