When my journalism career landed me in Las Vegas in 1991, The Mirage and the Excalibur had recently opened. At that time, I could only imagine the explosive growth on the horizon for the Strip and how the gaming industry was going to forever change.
Inside Gaming
Richard N. Velotta’s Inside Gaming column appears Sunday and Wednesday in Business.
rvelotta@reviewjournal.com … @RickVelotta on Twitter. 702-477-3893
In an interview in 1990, I learned a lesson or two about finance. But I also learned about the competition, rivalries and personalities that make up the casino industry.
Lawmakers in more than two dozen states are considering daily fantasy sports proposals that would either legalize and regulate the activity, ban it outright, or do nothing.
Mike Rumbolz never expected to be a CEO at this stage of his gaming career. But casino equipment provider Everi Holdings needed to make a drastic change.
Steve Wynn was calm and complimentary toward the Macau government 12 days ago during the company’s fourth-quarter conference call.
A new Nevada gaming regulation will change the manner in which casinos owned by private investment groups report their quarterly financial results.
It’s high time to ignore the Culinary Union. Once again, union officials duped us over another stunt stemming from the labor organization’s fixation on locals gaming giant Station Casinos.
The marriage between Penn National Gaming and Gaming and Leisure Properties is unbreakable despite a two-year separation. Some marriages might be rocky, but this is a gaming industry Valentine’s Day story.
Steve Wynn has talked in glowing terms about his company’s plans to build a resort complex along the Mystic River in the Boston-area town of Everett.
The Carolina Panthers didn’t exist and Peyton Manning was in high school when Congress halted expansion of legal sports wagering in the U.S. in 1992.
Amaya Gaming CEO David Baazov knows how to make financial headlines. The Montreal-based business spent $4.9 billion to acquire the parent company of PokerStars in 2014. A year later, Amaya, already publicly traded on the Toronto Stock Exchange, gained listing on the Nasdaq to open itself up to U.S. investors.
Before October, most states took a hands-off or wait-and-see approach in regard to legalities surrounding daily fantasy sports.
Three years after the head of the U.S. Treasury Department’s federal money laundering unit told the gaming industry it needed to clean up its casinos, operators have heeded the advice.
What is the connection between owning the Golden Nugget and television? Tilman Fertitta, chairman and CEO Landry’s Inc., the privately held Houston-based company that owns the Fremont Street resort, is about to find out.
Corey Sanders and Gordon Absher drew the short straws. Sanders, MGM Resorts International’s chief operating officer, and Absher, the casino company’s veteran public affairs spokesman, took the brunt of Friday’s firestorm.
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