An unfinished Strip condominium tower between the Venetian and Palazzo may soon see a new life. But Las Vegas Sands Corp. President Michael Leven said it was still unclear what the company plans to do with the building that has been covered the past three years by a “million-dollar” tarp.
Macau’s gaming market didn’t show any slowdown in March after February’s Chinese New Year holiday, growing revenue 13.1 percent during the month, according to figures released Tuesday by the Gaming Inspection and Coordination Bureau.
ALBANY, N.Y. — Applicants for the four upstate New York casino licenses must provide resolutions of support from local lawmakers and be able to pay licensing fees that will run as high as $70 million, state gambling regulators said Monday.
The Cosmopolitan casino plans to start broadcasting the animated artwork of British artist Tracey Emin on its LED billboards every hour for 3 minutes.
Las Vegas is getting smaller. That is, if you call 1,600-room and 1,100-room Strip hotels “boutique” properties. By the end of the year, Las Vegas will have about a half-dozen hotel-casinos that operators classify as “boutique,” “luxury” or “lifestyle” in their marketing efforts.
You have to hand it to online gaming giant PokerStars.
Las Vegas-based Affinity Gaming on Friday reported a continued slide in earnings across 11 properties last year.
Nevada casinos went into February facing a comparison to the state’s largest gaming revenue month in almost five years and a baccarat revenue month that was an all-time record.
Caesars Entertainment Corp. filed paperwork with the Securities and Exchange Commission Thursday to sell an additional 7 million shares of stock.
Members of the Culinary and Bartenders unions voted Thursday to authorize a strike at 10 downtown Las Vegas casinos and two other properties, though they have not determined when strikes could begin. The authorization comes after a more than a year-and-a-half of negotiation with the casinos, said Culinary Local 226 spokeswoman Bethany Khan.
New York-based investor Jason Ader, a Las Vegas Sands Corp. board member, has become the second-largest shareholder in European online gaming giant Bwin.party, acquiring a 6 percent stake in the London Stock Exchange-listed business in February. The investment could seemingly put Ader at odds with Las Vegas Sands Chairman Sheldon Adelson.
Caesars Entertainment Corp. said Wednesday its growth-oriented affiliate is seeking $1.3 billion in loans to fund the purchase of four casinos announced earlier this month.
Slot machine giant GIT took a battering from investors Wednesday and analysts worried sour financial predictions announced 24 hours earlier might taint rival companies in the gaming equipment sector.
A bill to outlaw online gaming was introduced Wednesday in Congress, adding another layer to the big-money debate over how or even whether the Internet should be utilized for gambling.
Caesars Entertainment Corp. said Wednesday it would close one of its three casinos in Tunica, Miss. on June 2, saying “persistent declines in business” made the market’s largest hotel-casino unprofitable.
