An affidavit from a friend of Steve Wynn’s has unleashed new allegations against Steve and Elaine Wynn in hair stylist Jorgen Nielsen’s invasion of privacy lawsuit.
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.
Sportsbooks are notorious low-margin money-makers, but casino company executives are building partnerships to grow their sports-wagering presence on a nationwide basis.
The Madison Square Garden Company is spinning off its sports business, but the corporate restructuring won’t have any impact on the MSG Sphere at The Venetian project.
Wynn Resorts has filed a motion to dismiss an invasion of privacy and civil conspiracy lawsuit filed in October by former Wynn Las Vegas salon director Jorgen Nielsen.
Nevada Gaming Commission Chairman Tony Alamo says there’s enough new substance in a proposed regulation on discrimination and harassment to consider it on Nov. 21.
Las Vegas-based PlayAGS Inc. sold a company record number of slot machines in the third quarter, contributing to a 5 percent increase in revenue.
Golden Entertainment Inc., which operates nine resort properties in Southern Nevada, is counting on a nearly $100 million investment in renovations of The Strat to drive earnings.
While third-quarter revenue declined 3.6 percent, Wynn Resorts’ officials believe new investment should make for a robust 2020.
A second Rock ’n Roll Marathon appears to be heading to the Las Vegas Strip in 2021.
Casino giant Caesars Entertainment continued to show losses as the company awaits the close of the Rio sale this year and a merger with Eldorado Resorts in early 2020.
The U.S. Department of Energy’s Better Buildings Challenge recognized Las Vegas Sands Corp. for its 24 percent savings in energy consumption at The Venetian.
While the record for visitor volume set in 2016 is safe, three other tourism indicators are close to historic highs in 2019 with three months of data to go.
For the more than 160,000 expected to attend the SEMA show, it’s all about cars, but vehicle data gathering will be a hot topic at the co-located AAPEX show that begins Tuesday.
Deals with Churchill Downs, Wynn Resorts and Great Britain’s Smarkets will generate millions of dollars from sportsbooks in Indiana and Colorado for Full House Resorts.
Regional gaming operator Penn is mulling the sale of the Tropicana or entering a real estate deal to reduce company debt while seeing its sports wagering revenue soar.
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