Nevada News - Page 287
A revived locals market could push Station Casinos to IPO
25 February 2015
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 holder24 February 2015
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?23 February 2015
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 back23 February 2015
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 Vegas23 February 2015
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.
Riviera purchase seen being OK'd despite short-term job losses20 February 2015
When the Las Vegas Convention and Visitors Authority board of directors takes up the acquisition of the Riviera Hotel and Casino on Friday, it will do so with a board comprised of members who will have to consider killing jobs — and competition.
Report: Exec popped for $300k dinner after run at blackjack19 February 2015
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 Vegas19 February 2015
Eighteen months ago, the union and The Cosmopolitan weren’t very chummy.
Caesars again rebuffs debt holders' request for payment19 February 2015
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 market18 February 2015
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 says18 February 2015
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.
Inside Gaming: Online lotteries flourish after 2011 change in Wire Act16 February 2015
A study released this month by GamblingCompliance.com found Internet lottery is expanding on a much faster pace than Internet casino gaming.
McCain, others change their tune on sports wagering14 February 2015
“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 regulation14 February 2015
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.
M Resort player hits $890,863 jackpot13 February 2015
On Sunday a lucky M Resort player hit the jackpot playing the quarter WMS progressive Monopoly Luxury Diamonds, receiving a total payout of $860,863.
Las Vegas NHL boosters kick off official ticket drive11 February 2015
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 betting11 February 2015
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 arena10 February 2015
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 died10 February 2015
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 here10 February 2015
Tables that resemble giant smart phones inside The Mirage and MGM Grand Las Vegas are the future of gaming.
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