Nevada News - Page 283
MGM Resorts files application to leave Nevada Power Co.
20 May 2015
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 name20 May 2015
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 Resorts20 May 2015
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 WSOP18 May 2015
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 Bellagio18 May 2015
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 owner18 May 2015
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 Megabucks18 May 2015
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-up18 May 2015
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 Year15 May 2015
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.
Feds obtain new gambling indictment against Malaysian businessman14 May 2015
The new indictment adds a conspiracy charge against Paul Phua to the previous felony counts of operating an illegal gambling business and transmission of wagering information.
Cosmopolitan of Las Vegas halves net loss in latest quarter14 May 2015
The hotel-casino lost $5.39 million in the first quarter of 2015, compared to a loss of $12.7 million in the same quarter a year ago.
Paragon Gaming gets tentative nod to take over Westgate Las Vegas operations14 May 2015
The Gaming Control Board took little time recommending that Paragon be approved to run the 3,000-room Westgate, which was formerly known as the Las Vegas Hilton.
Full House Resorts issues first quarter 2015 results13 May 2015
The company saw net revenues of $29.1 million, slightly under $30.4 million for the same period the prior year.
Pala Casino gives players chance at Three Card Poker National Championship13 May 2015
Pala's Shuffle Master Classic event in June will allow certain players to attend the championship at the Venetian in September.
Hooters Hotel sold to New York investment group13 May 2015
Trinity Hotel Investors bought the off-strip property for $70 million, but it's unclear what the new ownership's plans for the hotel-casino will be.
Caesars facing fine of up to $20 million to settle money laundering charges12 May 2015
Caesars was also informed a grand jury was looking into the charges regarding anti-money laundering practices of the company and its subsidiaries.
Sportsbooks adjust odds on Patriots after Brady suspension12 May 2015
As soon as the NFL sacked New England quarterback Tom Brady with a four-game suspension Monday, Las Vegas oddsmakers deflated the betting lines on the Patriots.
Station Casinos upbeat about jobs from new Strip project12 May 2015
The $4 billion Resorts World Las Vegas project is expected to create 30,000 new construction jobs.
Top 10 players I'll be watching at the 2015 WSOP11 May 2015
Casino City's Dan Podheiser will be watching certain players for various reasons at this year's World Series of Poker, from Twitch star Jason Somerville to amateur-turned-grinder Dean Baranowski.
Revenue, cash flow increase for Affinity Gaming11 May 2015
The casino operator saw its revenue increase by 1 percent in the first quarter, but its cash flow jumped by more than 30 percent compared to the same period a year ago.
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