The planned May G2E trade show in Macao has been postponed by 10 weeks due to the outbreak of the coronavirus.
Richard N. Velotta
Richard N. “Rick” Velotta has covered business, the gaming industry, tourism, transportation and aviation in Las Vegas for 25 years. A former reporter and editor with the Las Vegas Sun, the Ogden (Utah) Standard-Examiner, the Arizona Daily Sun in Flagstaff and the Aurora (Colo.) Sun, Velotta is a graduate of Northern Arizona University where he won the school’s top journalism honor. He became the Review-Journal's assistant business editor in September 2018.
Increased game sales worldwide boosted the slot machine manufacturer, but headwinds abound with coronavirus fears in IGT’s stronghold in Italy.
Las Vegas-based Everi Holdings had record revenue and cash flow in the fourth quarter and anticipates no problems delivering casino products in upcoming quarters.
Slot machines at Four Queens were still not fully operational as of midday Monday in a five-day malfunction that caused nearly every slot machine to be out of service.
The Macao government’s decision to close casinos for 15 days to slow the spread of the coronavirus resulted in a huge revenue drop during the month of Chinese New Year.
More than 60 percent of the Strip’s blackjack tables pay players $6 for every $5 wagered for a natural blackjack instead of $3 for every $2 bet on others. Is that fair?
Take a listen to a recap of this week’s biggest stories and get a sneak peek at what’s coming next week.
“It’s like a ghost town,” said Robert Miedler, who stayed at the property. “You can’t play on the floor because three-fourths of the machines are offline.”
It was the eighth time in the past 12 months that the $1 billion mark was reached statewide.
Four Caesars Entertainment Corp. hotel properties will raise their resorts fees by $2 next week, the company confirmed Thursday.
With the 2020 NFL Draft two months away, organizers are making plans for event festivities and safety but aren’t ready to detail roles for hundreds of volunteers.
The DEMAG CC-8800 — the fourth largest crawler crane in the world — can extend 580 high, lift up to 1,760 tons and arrived in Las Vegas from Zeebrugge, Belgium.
CEO Tony Rodio said the company is “working on contingency plans should the situation begin to affect business.”
When Malaysia’s Genting Group announced it would not pursue building an integrated resort in Osaka, Japan, it opened the door for MGM Resorts International.
Days after MGM Resorts International announced a $32 million separation agreement with outgoing Chairman and CEO Jim Murren, he sold $22 million in company stock.