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Nevada News - Page 306

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Gaming regulators may allow wagering on Olympics

The only question is whether or not the betting would be allowed on all Summer and Winter Olympics events, or just a handful of popular competitions.

Caesars places largest operating division into bankruptcy

The pre-packaged filing covering Caesars Entertainment Operating Co. has been agreed upon by 80 percent of the company's senior bondholders.

Vegas by the numbers: A 2014 recap

40 million Las Vegas visitors indulged in over-the-top shows, extravagant meals and luxurious spa treatments, marking another impressive year.

New roster of brand restaurants makes Strip debut

An impressive variety of brand restaurants have debuted recently on the Strip, including Smashburger and New York City-based Shake Shack.

IGT and Wheel of Fortune ring in New Year with more than $2.7 million in wins

Two Wheel of Fortune players won million-plus jackpots, totaling more than $2.7 million over three days.

Nevada's largest casinos lose $743.7 million in fiscal '14

It was the sixth straight year that casinos collectively showed a loss, but it was the smallest loss since 2009 when the recession began crushing casino finances.

Defendants in World Cup betting case want poker ban lifted

Paul Phua and his son, Darren Phua, were among eight defendants charged in a multimillion-dollar scheme that accepted wagers on the World Cup soccer tournament in Brazil last year.

Analysts thought Macau's first-ever annual dip could have been worse

The worry is now about 2015 and what effect continued softness in the world’s largest gambling enclave will have on Nevada casino operators.

Shareholders to vote Feb. 10 on GTECH-IGT merger

The vote will be held at The Signature at MGM Grand Las Vegas.

Culinary extends olive branch to new owners of Cosmopolitan Las Vegas

The Cosmopolitan’s previous owners, Germany-based Deutsche Bank, wanted to sell the hotel-casino and didn’t want a union agreement potentially holding up a deal.

MGM Resorts to hold a job fair for 700 Las Vegas summer positions

The career fair will be held in the MGM Grand Conference Center, 4701 Koval Lane, inside the marquee ballroom on Tuesday from 10 a.m. to 4 p.m. and Wednesday from 1 p.m. to 7 p.m.

Quick Guide: Vegas New Year's Eve

Tonight will see some spectacular fireworks display in Las Vegas.

Inside Gaming: The shape of things to come for Caesars

It’s abundantly clear Caesars Growth Partners is key to the planned bankruptcy restructuring of overly leveraged affiliate Caesars Entertainment Operating Co.

Nevada statewide gaming revenue up, but Strip numbers fall again

A hefty drop in table game revenue — which included a 1.1 percent dip in baccarat results — sent Strip resorts to their fourth straight monthly gaming decrease in 2014.

Malaysian official intervenes in illegal betting case

Ahmad Zahid Hamidi, Malaysia’s minister of home affairs, sent a letter earlier this month to Deputy FBI Director Mark Giuliano in Washington rebutting FBI claims that the lead defendant in the high-stakes betting case is tied to a powerful Chinese crime syndicate

Caesars says 39 percent of creditors agree to restructuring plan

Caesars spelled out much of the reorganization plan, in which Caesars Entertainment Operating Co. would be restructured through a prepackaged bankruptcy in January.

Avi Resort & Casino delivers 3,000 turkeys this Christmas

It’s the giving season and the Avi Resort & Casino & the Fort Mojave Indian Tribe are making sure that thousands of Tri-State area families have a holiday to remember.

Major events underscore business news in Las Vegas in 2014

Whatever this state does, it does big. When it booms, it leads the nation in growth. When it busts, well — that’s epic, too.

Casino City Gang: Reversal of fortune edition

Casino City's Vin Narayanan and Aaron Todd discuss Sen. Harry Reid's waffling on online gaming as he prepares for his demotion to Senate minority leader next year, the main operating unit of Caesars Entertainment announcing its decision to file for bankruptcy and the new World Series of Poker schedule, which includes a $565 tournament. And, as always, they close show by picking every NFL game this weekend against the spread.

2015 WSOP to begin May 27; opening weekend to feature $565 "Colossus"

The 2015 World Series of Poker will be held from May 27 - July 14, and this year the tournament series will feature a $565 buy-in "Colossus" with a $5 million guaranteed prize pool.

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