Laughlin News - Page 6

Tropicana intends to terminate the lease and discontinue its operation of River Palms in September 2014.

American Casino said Monday the company had a net income of $4.5 million for the quarter that ended March 31. A year ago, the company reported a net loss of $3 million for the same quarter.

ACEP reported first quarter Net Income of $4.5 million for 2014 compared to a Net Loss of $3.0 million for the first quarter of 2013.

Nevada gaming revenues dropped 2.58 percent in October, ending two straight monthly increases. Gaming revenues on the Las Vegas Strip declined 5.06 percent.

The company said its net revenue during the quarter fell 1.6 percent to $84.4 million.

American Casino & Entertainment Properties reported net income of roughly $100,000 in the quarter than ended June 30, compared with a net loss of $2.8 million in the same quarter a year ago.

American Casino & Entertainment Properties, which operates the Stratosphere, offset its losses with increased revenue at its other properties.

Tilman Fertitta is expanding his business empire through casino acquisition and development.

The completion of the sports book follows its March opening of the Plaza in downtown Las Vegas.

Tropicana Entertainment Inc. announced Wednesday it sold the River Palms in Laughlin to Reno-based M1 Gaming for $7 million.

American Casino said net revenues in the quarter declined 3.1 percent to $79 million.

SHFL’s best-in-class online casino table-game content will become available to Bally’s iGaming platform customers, allowing them to deliver top offerings in online casino table games to their players.

Golden Nugget has taken on LongHorn Steakhouse over one of its dessert menu items.

American Casino & Entertainment Properties reported a fourth quarter net loss of $7 million, down from a net loss of $17.4 million a year ago.

The one-time Nevada boomtown has attracted fewer visitors each year since 2000, the Las Vegas Convention and Visitors Authority reports.

American Casino & Entertainment Properties LLC, owner of the Stratosphere, on Thursday posted a bigger first-quarter loss than a year earlier and a moderate decline in revenues.

Despite the fact that regional markets like riverboat casinos in the South and Midwest are recovering, the Las Vegas market is still struggling.

Aquarius new general manager named as Sean Hammond.

Harrah's Laughlin found liable in civil lawsuit over 2002 biker brawl.

A 70-year-old man crashed his car through the Edgewater Hotel & Casino's entryway yesterday, killing two women and injuring seven other people.