Nevada News - Page 357

Last week, Cantor Gaming launched Wi-Fi enabled sports betting across Nevada. Here are 10 ways that it's going to change the gambling industry.

MGM Resorts was one of several local companies that partnered with Workforce Connections Las Vegas to be part of the summer program.

Mark Pilarski offers his thoughts on Las Vegas buffets and describes the correct way to play a soft 18 in blackjack.

U.S. Bankruptcy Judge Mike Nakagawa approved a series of measures that let Jerry's Nugget continue to use cash flow to pay utilities and suppliers and to meet its 338-person payroll.

The restaurants Red Square, China Grill and Red, White and Blue are set to close November 18, employees have said.

The Las Vegas-based company earned $7.5 million in the second quarter. A profit comparison with the second quarter of last year is not possible because of accounting adjustments associated with the company's exit from bankruptcy on June 17, 2011.

An international media report Monday that Las Vegas Sands Corp. is being probed by the Nevada Gaming Control Board over bribe payment allegations in mainland China isn't much of a revelation.

The bankruptcy petition lists both assets and liabilities as greater than $10 million but gives no exact amounts.

In the battle royal among gaming commissioners, Chairman Pete Bernhard was the voice of reason, saying new regulations were unnecessary while Commissioner Dr. Tony Alamo led the charge against Dotty's.

The two casino companies that operate half of all the Strip's resorts told the investment community last week that they had lost a combined $387.2 million during the second quarter.

According to figures released Thursday by the Gaming Control Board, Nevada casinos collected $832.5 million from gamblers in June, compared with $885.8 million collected in June 2011.

Total visitor volume for June was up 2.1 percent from the same month in 2011, according to the monthly Las Vegas Convention and Visitors Authority count.

American Casino and Entertainment's second-quarter loss in 2011 was also $2.8 million. Year-over-year revenue held steady at more than $87 million, but cash-flow fell 12.1 percent, from $19.9 million to $17.5 million.

Casino City's Vin Narayanan and Aaron Todd discuss real-money online gambling launching on Facebook in the U.K., the NFL and other sports leagues suing New Jersey over sports betting and what it takes to live in Las Vegas. The also report on their Olympic wagers and make some more best bets on the Games.

State gaming regulators Wednesday granted Michael Gaughan's Las Vegas casino tentative approval to operate an online poker website accessible only within Nevada boundaries.

New York hedge fund manager John Paulson and Raintree Investment Corp. have purchased about 875 acres at Lake Las Vegas for $17.3 million.

MGM Resorts International and Morgans Hotel Group announced an agreement Monday in which The Hotel will be renovated and redesigned. MGM Resorts, which owns Mandalay Bay, will manage the renamed property under a licensing agreement.

The Strip casino will unveil the Bacchanal Buffet next month, a $17 million endeavor that will offer more than 500 menu items from nine kitchens with a setting that overlooks the hotel’s Garden of the Gods complex.

Plaza race and sports book to be renovated, upgraded

Small fire this morning at Treasure Island Casino Resort resolved.