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Nevada News - Page 376

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IGT profits fall in first quarter

International Game Technology said fewer new casino openings in North America last year and limited activity in the expansion market cut into the company's overall revenues and profits.

Las Vegas welcomes Obama's tourism push

Tourism industry leaders in Las Vegas applauded a new strategy from President Barack Obama to boost foreign tourism in the U.S.

CityCenter forming partnership with Sotheby's

The Las Vegas mega-resort announced a partnership with Sotheby's International Realty to market The Residences at Mandarin Oriental and Veer Towers.

Analyst has "grave concerns" about IGT purchase

Union Gaming Group principal Bill Lerner said IGT could hurt its core slot machine business and may be spending too much to acquire Double Down Interactive.

Celine Dion, Caesars, AEG team up for fundraiser for Children's Hospital Boston

Legendary entertainer pays tribute to cause with touching benefit event; “Play Without Pain: Children’s Sickle Cell Benefit”

New Palms president optimistic on prospects

Joseph Magliarditi said Tuesday that the off-Strip resort enjoyed a profitable last six months of 2011, even as the hotel finalized its new ownership structure.

Analyst sees potential in Pinnacle Entertainment

Credit Suisse gaming analyst Joel Simkins said that a continued rebound in regional gaming markets will give the company a lift.

Gordon Ramsay opening restaurant in Vegas

The celebrity chef will open a restaurant at Paris Las Vegas in the spring called Gordon Ramsay Steak.

States now look towards regulated online gaming

At least a half-dozen states -- including Nevada -- and the District of Columbia have enacted laws or are contemplating regulatory changes that would allow some form of Internet poker within their boundaries.

Las Vegas: Gambling priest jailed

Catholic priest, who stole from church, receives 3 year jail sentence.

MGM Resorts trying to acquire land in Massachusetts

MGM Resorts International entered the race for a Massachusetts casino license on Thursday, signing a deal to acquire 150 acres in the town of Brimfield for a hotel-casino complex.

IGT acquires Double Down Interactive for $500 million

International Game Technology has reached an agreement to acquire Double Down Interactive, an online social gaming company.

Ohio casinos delayed by up to two months

A licensing hang-up could delay the openings of casinos in Cleveland and Toledo for eight weeks.

MGM Resorts spokesman named chairman of NCRG

MGM Resorts International Senior Vice President of Public Affairs Alan Feldman has been named chairman of the board for the National Center for Responsible Gaming.

Moody's upgrades view on CityCenter

Moody's says the prospects of increased visitation to Las Vegas this year helps the 67-acre, multiple development Strip complex.

Top-10 ways the industry could screw up online gaming in the U.S.

Casino City's Vin Narayanan said the DOJ opinion on the Wire Act removes a legal and political obstacle for online gaming. But it doesn't ensure online gaming is suddenly going to dot the American landscape.

Downtown Las Vegas ready for transformation

This year is a transition year for downtown Las Vegas as the area awaits a number of remodels, redevelopments and expansions.

Las Vegas looking abroad for tourists

The Las Vegas Convention and Visitors Authority has set a goal of making international travelers 30 percent of the Las Vegas total.

M Resort's Marnell says he opposes Internet poker legalization

M Resort President Anthony Marnell III says he opposes the legalization of online poker.

Nevada casinos suffer $4 billion net loss in fiscal 2011

Nevada highest-grossing casinos suffered a net loss of almost $4 billion in fiscal year 2011.

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