Station Casinos on Tuesday announced a planned $500 million private debt offering that would pay off older notes while extending due dates by three years.
In a filing with the U.S. Securities and Exchange Commission, Station Casinos said it would use the proceeds from the new debt offering to pay older debt that comes due in 2018. The new debt would have due dates in 2021.
Kevin Schenk was playing Face Up Pai Gow when he was dealt five aces, winning a $219,578 jackpot with a $5 side bet.
The wins were among several recently across the Las Vegas Valley.
Simple laws of supply and demand might make observers think that losing two resorts within three months would have a significant effect on the Strip market.
The Tropicana will host an additional liquidation sale this weekend as the Rat Pack-era casino prepares for its demolition to make way for the new A’s ballpark.
Caesars Palace isn’t the only resort property within the Caesars Entertainment realm — it also operates Paris Las Vegas, Harrah’s, the Horseshoe and The Linq.
South Point owner Michael Gaughan recently purchased 4.3 acres of undeveloped land near the Las Vegas resort, and he plans to get it developed quickly.
April traditionally is a slow month for casinos, but they had the highest win ever for the month in 2024 despite an early Easter and the closure of the Tropicana.
The Mirage volcano’s days are numbered after permits to clear the area for future construction were issued to Hard Rock contractors.
MGM Resorts International,has passed its goal of providing 5 million meals to the Las Vegas community and to other cities it operates resorts in well before 2025.
Historians point to one casino and two men as the first famous encounter that kicked off an era of mobster influence.
