The transaction is expected to close in the fourth quarter of 2023 and is subject to customary closing conditions.
Richard N. Velotta
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 Nevada Gaming Commission fined owners of Reno tavern for an ownership transfer violation and minutes later approved the transfer.
In a filing to the Public Utilities Commission of Nevada, NV Energy has forwarded Sphere’s plan for 70 percent of its power needs to be met with a new solar energy plant.
James Dolan, CEO of Sphere Entertainment Co., gave new details on what guests can expect when they arrive at the 17,500-seat entertainment venue.
The company that plans to build a spaceport on desert land between Las Vegas and Pahrump has a partnership with an airborne launching company.
Penn Entertainment links up with ESPN while WynnBET shuts down in eight states in two surprising sports wagering industry moves.
If you were bumped off your flight, here’s what your rights are, according to the U.S. Department of Transportation.
February is going to be an epic month on the Las Vegas events calendar, with Republican and Democratic presidential events sharing the stage with the Super Bowl.
The American Gaming Association says 2023’s second-quarter revenue — second only to the first quarter — puts commercial casinos on track for a record year.
Orleans Arena has hosted major curling events for a decade, but now a nonprofit plans to renovate a south Las Vegas building and use it to grow the Olympic sport.
The Las Vegas gaming executive who opened Bellagio and Wynn Palace is looking forward to a return to the industry after fighting “Operation Varsity Blues” accusations.
The company that operates the Tropicana hotel-casino is working on two other big projects and waiting for a Major League Baseball relocation vote.
Former shuttle astronaut Jose Hernandez, a California regent, will advise the program to develop flight engineers for future trips to space from the Las Vegas Spaceport.
Acres Technology’s new TIBO system could double or triple slot machine revenue, but responsible gaming advocates are wary of potential problem gambling issues.
Wynn Resorts Ltd. has positive second quarter in Las Vegas, Macao and Massachusetts, and that boosts confidence for its United Arab Emirates resort coming in 2027.