The company on Wednesday reported fuel costs down 6 percent, no maintenance cancellations over the past 120 days and a 5 percent increase in the number of departures.
Richard N. Velotta
Assistant Business Editor
Email: rvelotta@reviewjournal.com
Phone: (702) 477-3893
X: @RickVelotta
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.
D Las Vegas co-owner Derek Stevens said the Circa resort in on schedule for a late 2020 opening.
Based on the terms of Tony Rodio’s employment agreement disclosed in a Securities and Exchange Commission filing, he appears to be in for the long term with a $1.5 million annual salary, prospective bonus payments of $3 million, as well as a $3 million buyout clause. This doesn’t look like the pathway to a quickee company sale.
Nevada must continue to support a strong regulatory environment for the gaming industry, even as society races into uncharted technological advancements, a former gaming regulator said.
Construction managers for the Las Vegas Convention Center’s $935.1 million expansion say the project is on track for its scheduled January 2021 opening.
The Las Vegas Stadium Community Benefits Plan Oversight Committee learned Thursday that for work through the end of February, 66 percent of the 1.3 million work hours performed on the project was completed by women and minorities.
A court settlement by Las Vegas Sands Corp. helped result in a first-quarter earnings decline.
The company that owns the Cosmopolitan of Las Vegas has retained two investment banks to explore the possible sale of the 3,000-room Strip resort.
An expert in employment law believes Wynn Resorts’ harassment compliance plan should satisfy regulators.
Anthony Rodio, 60, top executive of privately held Affinity Gaming since October, is expected to be announced as the successor to Caesars CEO Mark Frissora on Monday, according to reports in the Wall Street Journal, MarketWatch and StreetInsider.
Richard Branson attended the kickoff of Virgin Trains USA earlier this month and wants to develop tie-ins once the company’s high-speed rail line is in place between Victorville, California, and Las Vegas.
The Las Vegas Convention and Visitors Authority monitors the changing face of the Vegas visitor annually so that resorts can react to attract more people to the destination.
Wynn Resorts Ltd. has received clarity from the state Gaming Control Board that its CEO, Matt Maddox, remains in good standing in Nevada.
The Culinary Union is wary of hedge fund activist Carl Icahn’s growing influence of Caesars Entertainment Corp and Corvex Capital founder Keith Meister’s influence of MGM Resorts International.
The ban would mean Steve Wynn would not be able to step onto the grounds of Wynn Las Vegas or Encore Las Vegas, which he opened in 2005 and 2008, respectively.
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