Penn National Gaming endured floods and a hurricane but produced better-than-expected second-quarter earnings while announcing the impending retirement of CEO Tim Wilmott.
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.
Boyd Gaming Corp. executives aren’t talking about the specifics of acquiring a Las Vegas Strip property after delivering satisfying second-quarter earnings on Tuesday.
The 315,000-square-foot Expo at World Market Center Las Vegas will start to go vertical next month with a grand opening in time for next year’s Summer Market.
Thanks to an upturn in baccarat, June gaming win climbed statewide and on the Strip.
The Nevada Gaming Commission voted unanimously Thursday to remove Charles “Charlie Moose” Panarella from the state’s List of Excluded persons because he died in 2017.
Analysts heaped praise on MGM Resorts International CEO Jim Murren after last weeks’ earnings conference call in which the big takeaway was that MGM 2020 is working.
MGM Resorts International plans to take advantage of the proximity of the Las Vegas stadium to three of its resorts by hosting pregame and post-game tailgating events.
Southwest Airlines will withdraw from Liberty International Airport in Newark, New Jersey, in November and consolidate its New York operations at LaGuardia Airport.
Las Vegas Sands Corp. reported a profitable second quarter Wednesday, with Chief Operating Officer Rob Goldstein calling it “the best” second quarter in company history — “and if not, close to it.”
The property, operated by TLC Casino Enterprises, will open 81 of the more than 350 rooms shuttered at Binion’s in 2009 during the Great Recession.
The Madison Square Garden Company is giving its first glimpse of the future of live performance with a tour of the MSG Sphere at the Venetian site on Tuesday.
The gaming industry is still buzzing about last month’s announcement that Eldorado Resorts Inc. of Reno is looking to buy Caesars Entertainment Corp. for $17.3 billion.
The American Gaming Association will place a strong emphasis on research to tell the industry’s story as gaming expands and matures worldwide.
Caesars Entertainment Corp. shareholders have elected eight people — four with ties to top investor Carl Icahn — to the company’s board of directors on Tuesday.
Highways and airports will be jammed and Las Vegas is expected to be busy with 330,000 people visiting for the Fourth of July holiday this week.