Based on the terms of Tony Rodio’s employment agreement disclosed in a Securities and Exchange Commission filing, he appears to be in for the long term with a $1.5 million annual salary, prospective bonus payments of $3 million, as well as a $3 million buyout clause. This doesn’t look like the pathway to a quickee company sale.
During the mid-2000s bubble, a developer set out to build a luxury condo tower where Eclipse Theaters now stands — and if he had followed through, it could have been a financial disaster.
The Las Vegas Convention and Visitors Authority monitors the changing face of the Vegas visitor annually so that resorts can react to attract more people to the destination.
More than a year after buying Crown Resorts’ land on the Las Vegas Strip, Wynn Resorts Ltd. has nixed a deal to buy the whole company.
Faraday Future is trying to sell more than 900 acres of land at Apex Industrial Park, offering up the site where it bailed on building an auto plant.
The long wait for Wynn Resorts Ltd. to learn its status as a gaming licensee in Massachusetts is nearly over with an adjudicatory hearing scheduled to begin Tuesday in Boston.
All things considered, the Raiders’ relationship with the city and state has been a good one, and several reports Thursday enumerated some of the positives that already have emerged.
Three members of the Las Vegas Convention and Visitors Authority’s board of directors brought some healthy skepticism to last week’s meeting at which the board gave the go-ahead for an underground transit system.
The Oakland A’s — the new parent team of the Las Vegas Aviators — will play two games in Tokyo and wear a special patch on the sleeves of their uniforms that says, “MGM Resorts Japan.”
Compared to other sections of the valley, the east side is older and largely overlooked by developers. But its home prices are lower and, amid affordability concerns in the valley, buyers are showing up.
The Wynn Resorts matter may be over but the tentacles connecting the company to former executives may live on for a long time.
Despite the improved economy, land sales on the Strip have been sluggish for years, and values are nowhere near what sellers fetched before the economy crashed.
Whether Oscar betting is successful enough to become an annual New Jersey staple and whether Nevada sports books would ever attempt taking those bets are open questions.
It shouldn’t be that shocking to learn that from July 1, 2017, to June 30, 2018, 289 Nevada casinos that annually gross more than $1 million in gaming revenue lost a total of $1.168 billion.
The National Museum of Organized Crime and Law Enforcement recently sponsored a panel on whether the criminal element could infiltrate the gamingindustry’s new toy: nationwide sports wagering.
