Nevada News - Page 351

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

Further growth in the gaming industry is not going to occur in Nevada, but Nevada needs to make sure it has a healthy product that will bring visitors to the state, Wynn said.

Nevada is the first US state to go live with an online gambling site.

Downtown Las Vegas continues a major transformation as investors and developers pour hundreds of millions of dollars into redevelopment.

Ultimate Gaming, a majority-owned subsidiary of Station Casinos LLC, has launched real money online poker at UltimatePoker.com, making history as the first company in the United States to offer legal and secure online poker.

The site is expected to go live at 9 a.m. with limit and no-limit Texas hold ’em poker through single-table cash games, sit-and-go events and multi-table tournaments.

The land-based and online gaming worlds converged at the Global iGaming Summit & Expo (GiGse) last week to discuss the future of the online gaming industry in the U.S. Vin Narayanan offers 10 key storylines that emerged from the conference.

The regional casino giant said its overall revenues for the quarter that ended March 31 were $798.2 million, an increase of 8.4 percent compared with the first quarter of 2012.

The plaza will serve as a gateway into a 20,000-seat sports arena, which the company will build behind the two resorts with national arena developer AEG.

"Mobile Millions," a new casino game from Cantor Mobile Casino, now available to patrons of The Venetian and The Palazzo.

Rosemary from New York is the latest addition to the Caesars Entertainment circle of millionaires.

The record figures were the result of high-end baccarat play associated with the 10-day Chinese New Year holiday.

Full House Resorts has appointed Scott Ruhl as its Northern Nevada General Manager.

More than $500,000 was raised for charity as a result of the 2013 Michael Jordan Celebrity Invitational hosted by ARIA Resort & Casino.

The hotel-casino spent millions of dollars in just more than eight months, renovating 428 rooms in its original Palms Tower, renamed the Ivory Tower, and demolishing old bars, restaurants and clubs and replacing them with new experiences.

The closed Flamingo Road casino, which caught fire Thursday, opened in 1973 as the Ambassador. In the 1980s, it was renamed the La Mirage Casino.

The Strip hotel-casino on Friday reported that it posted a net loss of $106.5 million for 2012, up from the $96.9 million net loss posted in 2011.

The son of casino building pioneer Tony Marnell II, the younger Marnell found success off the baseball diamond in business.

Casino City's Vin Narayanan and Aaron Todd discuss the odd debate surrounding sports betting kiosks in Nevada, the demise of budget hotels on the Las Vegas Strip and Revel's decision to allow smoking in their resort. They also recap their NCAA tournament brackets and make some more NCAA picks in the best bets segment.

The vote – conducted and monitored by the National Labor Relations Board on Friday – was 57 against the union and 34 in favor.