A 71 percent increase in the number of annual sales of machines to 4,387 paced revenue growth and helped the company narrow losses to $10.3 million for the quarter and $20.8 million for the year.
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.
Las Vegas Sands Corp. Chairman and CEO Sheldon Adelson won’t be required to testify or provide a deposition in a court case that began Monday in Las Vegas.
The Wynn Resorts matter may be over but the tentacles connecting the company to former executives may live on for a long time.
GameCo, previously licensed in New Jersey, intends to bring skill-based games to market for play on casino floors in Nevada.
Las Vegas Sands Corp. Chairman and CEO Sheldon Adelson is suffering from non-Hodgkin lymphoma, but plans to continue working through treatment.
The Massachusetts Gaming Commission expects Steve Wynn’s lawsuit against it and its chief investigator to be dismissed, clearing the way for a suitability hearing for new Wynn Resorts executives and board members.
The state’s 2019 gaming win didn’t get off to the billion-dollar start of a year ago.
A Super Bowl in Las Vegas could become the first event ever producing more than $1 billion in economic impact on the community, an economic development expert said Thursday.
The Nevada Gaming Commission on Tuesday fined Wynn Resorts Ltd. a record $20 million for its failure to investigate claims from at least eight women that they were sexually harassed in the workplace.
Wynn Resorts Ltd. is in trouble with Nevada regulators — but not explicitly for its board of directors and executives turning a blind eye toward sexual harassment.
How much, if anything, will Wynn Resorts Ltd. be fined by regulators when the Nevada Gaming Commission meets in a special session Tuesday to consider a 10-count sexual harassment complaint from the state Gaming Control Board?
“Skill-based slot machines have not gained significant popularity on the casino floor but there are still innovators developing these types of games to gain better traction with a younger demographic,” Nevada Gaming Control Board Chairwoman Sandra Morgan said.
The Las Vegas Convention and Visitors Authority will sell the 10 acres where the Riviera once stood, the organization’s top executive said Thursday.
State gaming regulators will review the impact the Justice Department’s new interpretation of the Wire Act will have on the industry in Nevada.
The new infrastructure being built in Las Vegas is destined to fill the few open slots on the city’s calendar of events in the years ahead, a panel at UNLV concurred.
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