Cantor Fitzgerald LP denied a published report Thursday that federal prosecutors are investigating its gaming unit’s chief executive for participating in his company accepting illegal sports bet.
Casinos & Gaming
Daniel Lee, a veteran gaming executive, has been appointed chief executive officer of the Palms Casino Resort. Lee replaces Joseph Magliarditi, who took over day-to-day operations of the off-Strip property in June 2011.
William H. Ryan Jr., chairman of the Pennsylvania Gaming Control Board, has indicated the winning applicant for Philadelphia’s second casino license could be selected in March or early April.
Macau casinos collected $3.6 billion from customers during September and analysts already are debating whether or not October’s results could surpass the single-month all-time record.
Global Cash Access Inc. will provide payment service products to GameAccount Network for its online gaming systems, the Las Vegas-based payments and cash access company said Tuesday.
The operators of CityCenter are seeking new loans to refinance the 4-year-old Strip development’s nearly $2 billion of long-term debt.
A defamation lawsuit filed by Las Vegas Sands Corp. Chairman Sheldon Adelson against the National Jewish Democratic Council was dismissed by a federal judge in New York City on Monday.
Nevada casinos saw a better-than 11 percent increase in gaming revenues during August while Strip casinos saw a nearly 20 percent jump in their monthly numbers.
Pinnacle Entertainment CEO Anthony Sanfilippo drew as much attention during last week’s Global Gaming Expo as the Na’Vi warriors, zombies, Beetlejuice and David Copperfield.
The Nevada Gaming Commission on Thursday added Larry Keith Green, a convicted slot machine cheat, to the state’s List of the Excluded Persons.
American Indian tribes are dealing with the effect of Internet gaming on their business, off-reservation casinos and political gridlock in Washington D.C.
Hong Kong businessman Richard Suen was awarded $1.03 million Wednesday to cover expenses for his six-week trial that ended in May, 10 percent less than he had requested but far more than the 90 percent discount requested by his one-time client, Las Vegas Sands Corp.
It took a devastating recession, but marketing and casino executives said Wednesday that consumers ages 21-46 who demand quality dining, shopping and clubs have taken Las Vegas past the perception it’s dominated by casino gambling.
Downtown Las Vegas is only weeks away from getting its first new hotel-casino in more than three decades. Downtown Grand Las Vegas, a complete renovation and rebranding of the former Lady Luck, will bring 634 stylish hotel rooms, nearly 600 slot machines and 30 table games, and 17 different restaurants and bars, including Picnic, an urban rooftop pool retreat.
Los Angeles Kings center Anze Kopitar doesn’t consider himself much of a gambler.
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