Las Vegas Sands Corp. gained approval from Chinese officials to sell 300 co-op style apartments at the Four Seasons Macau. Analysts said sales proceeds could be worth from $775 million to more than $1 billion to the company.
Casinos & Gaming
A collaboration of loyalty programs between MGM Resorts International and Hyatt Hotels Corp. will allow customers to earn points and redeem credits at properties owned by both companies.
The costs for airlines to use McCarran International Airport will stabilize in the coming year after several years of a sharp run-up.
The safety of the Harmon Hotel tower at CityCenter arose again as a concern when a consultant hired by Tutor Perini Building Corp. reversed its position and now believes that recent testing damaged the never-finished building beyond repair.
Gaming equipment supplier SHFL entertainment grew profits 22 percent in the second quarter thanks in part of sales of products to casinos in Australia and Asia.
Macau gaming revenues grew 13.5 percent in May to $3.7 billion as the Chinese casino market recorded its second-largest single-month collection.
It was once a mining company with a significant presence in Nevada. But during the past decade, Nevada Gold & Casinos Inc. sold off its mining assets to focus on its growing and profitable gaming business, acquiring casinos and slot routes in South Dakota and Washington.
Casino dealers at two of the Strip’s most popular resorts have overwhelmingly voted to join the Transport Workers Union, a union official said Monday.
NEWave, a Las Vegas-based supplier of gaming industry compliance software, on Monday was awarded a contract to provide its Title 31 Manager and TINCheck software to the eight casinos in Oklahoma owned by Cherokee Nation Entertainment LLC.
Gaming attorney Greg Giordano sees himself as a facilitator between his clients and state regulators.
William Hill U.S., which operates 84 sports betting kiosks statewide, was evaluating its options Friday after the Nevada Assembly’s 41-0 vote to ban betting kiosks in bars, taverns and other establishments holding a restricted gaming license.
European online gaming giant Bwin.party is moving forward with licensing in Nevada to operate Internet poker websites with MGM Resorts International and Boyd Gaming Corp., despite comments to the contrary from the company’s chief executive, an attorney said.
CARSON CITY — Barring a gubernatorial intervention, sports betting kiosks in Nevada are set to become a thing of the past.
An online gambling website based on the World Series of Poker that is awaiting final approval from Nevada gaming regulators accidentally went live Wednesday for a brief time but was shut down quickly when the glitch was discovered.
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