The NCAA policy change that will enable Las Vegas to bid for the national championship football game, Final Four and Frozen Four will provide a state tourism boost.
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.
The manufacturer of “Shark Week”-themed slot machines reported net income of $5.9 million on revenue of $123.8 million for the period.
Alan Feldman, who spent 29 years as a senior executive with MGM Resorts International, will lead the institute’s responsible gaming efforts.
Wynn Resorts Ltd. posted a first-quarter decline in revenue, but a return to profitability, and exeutives say they haven’t decided whether to appeal regulatory sanctions.
The state Gaming Control Board has recommended a provisional license for sports-wagering giant GVC Holdings Plc. following a 2-1 vote and nearly four hours of testimony.
The Martin-Harris/Turner Joint Venture was recommended for a $3.5 million pre-construction contract for the Las Vegas Convention Center renovation project.
New Jersey AG Gurbir Grewal claims the DOJ’s reinterpretation of a law related to sports gambling could hurt New Jersey’s online sports betting businesses.
Las Vegas-based Scientific Games continued to reduce debt and hopes new deals with Wynn Resorts for slot machines and a sports wagering system will improve cash flow.
The Massachusetts Gaming Commission stayed true to its word that it would expedite approvals needed to open Encore Boston Harbor.
It seems the use of Sandra Douglass Morgan’s array of experience — in gaming and in sports — couldn’t have come at a better time for Nevada gaming regulation.
On Friday, The Venetian began a celebration of its 20th anniversary. At the first stroke past midnight, The Venetian marquee began paying tribute to the 650 employees who have worked at the hotel-casino since its opening. A “founders ball” is planned to honor the Day One employees this summer.
Now that the Massachusetts Gaming Commission has announced its $35 million fine against Wynn Resorts Ltd. the Las Vegas company can get back to building the $2.6 billion Encore Boston Harbor and we can all relax. Or can we?
But while the weather kept the Reno-based regional gaming powerhouse from meeting analysts’ first-quarter revenue projections, the company’s revenue increased 44.4 percent, thanks primarily to boosts from acquisitions.
Penn National Gaming Inc. plowed through inclement weather in the Midwest and Northeast to score record first-quarter revenue and operating income, the nation’s largest regional gaming operator announced Thursday.
The Massachusetts Gaming Commission took 25 days to decide that Wynn Resorts Ltd. remained suitable to hold a gaming license in that state.
