Shareholders would get a 40 percent cash premium on the sale of their shares to the New York-based middle-market private equity firm.
Casinos & Gaming
Wynn Las Vegas and Fontainebleau Las Vegas have traded barbs over allegations that Fontainebleau has tried to steal executive talent from Wynn.
An off-Strip hotel-casino facing a two-day strike says it will legal action against the union threatening to walk off the job.
Roger Thomas spent 20 years designing for Wynn Resorts. He shares his evocative design philosophy.
The head of Virgin Hotels sees Mohegan Tribe’s withdrawal as casino operators as a chance to shake up the property that has struggled to gain footing in the market.
Roughly 700 hospitality workers at an off-Strip casino plan to walk off the job for two days after lengthy contract negotiations continue, union officials said Wednesday.
Former Las Vegas gaming executive Scott Sibella was sentenced for knowingly allowing an illegal bookmaker to gamble at MGM Grand, violating anti-money-laundering laws.
A California businessman has sued MGM Resorts International for an instance where he was allegedly drugged while playing in a private salon.
The plans for the 43-story Las Vegas Strip resort backed by billionaire Tilman Fertitta appear to be active as permits have continued to be issued for the site in 2024.
Red Rock Resorts says it will first focus on developing a California casino and then look at the second phase of its new resort in the southwest Las Vegas Valley.
Noted as the first tribal enterprise to manage a commercial casino in Nevada, the Mohegan group will turn over management to Virgin Hotels Las Vegas.
Management of the Strip resort told the County Board of Commissioners the request relates to the construction timeline for the Oakland Athletics’ ballpark plan.
The Oakland Athletics plan to build a ballpark on the site of the Tropicana, but Bally’s says where the stadium will sit on that site is still being determined.
The hotel-casino on the north Las Vegas Strip says the new promotion is meant to make the property more accessible.
As demolition continues on the Tropicana site, management is asking Clark County to waive a licensing requirement.
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