Allegations of misconduct used by Wynn Resorts Ltd. to oust a Japanese billionaire as a majority shareholder were based on a “deeply flawed” investigation that selectively used information to build a biased case, former Homeland Security chief Michael Chertoff said in 45-page report released Monday.
Casinos & Gaming
Overseeing the American Gaming Association is not like herding cats. It’s more like herding mountain lions. One misstep and you’ll lose body parts.
Singapore gaming regulators renewed the casino license for Las Vegas Sands Corp. on Friday, allowing the company to operate the Marina Bay Sands for three more years.
A California development company that had planned to buy the Trump Plaza in Atlantic City said on Friday that it was delaying the deal at least temporarily because Trump Entertainment has been unable to obtain a release of the mortgage held by its senior secured lender.
A company owned by Binion’s and Four Queens operator Terry Caudill has bought the assets of a closed slot machine company that provides games to Indian casinos.
William Hill PLC on Friday reported a jump in first-quarter profits, thanks to the success of its online and retail divisions and a small profit from its U.S. operations in Nevada and Delaware.
A change in the ownership structure of Fertitta Interactive was approved Thursday by the Nevada Gaming Commission, allowing Station Casinos to control the eventual launch of an online poker operation.
M Resort owner Penn National Gaming said Thursday it grew revenues more than 8 percent in the first quarter, but saw year-over-year declines in net income and earnings per share.
CAMDEN, N.J. — Revel is having much more success in bankruptcy court than it is at the slot machines and card tables.
An accountant for Richard Suen justified the $328 million fee Suen claims Las Vegas Sands Corp. owes him but lavished the company with praise Wednesday.
MGM Resorts International will spend $100 million to transform land along the Strip and surrounding the New York-New York and Monte Carlo resorts into a plaza with trendy shops, restaurants and a park that will serve as a gateway into a 20,000-seat sports arena.
The American Gaming Association on Wednesday named just its second president to lead the nearly 20-year-old Washington, D.C.-based organization that serves as the industry’s voice on Capitol Hill.
One legal challenge to the pending acquisition of Ameristar Casinos by Pinnacle Entertainment was rejected Tuesday.
The demise of the Gold Spike Casino downtown came too quickly for some of its employees.
A Boston-based investment management company has proposed a
$101.5 million buyout of Laughlin casino operator Archon Corp.