Shuttered for more than two years as a result of the coronavirus pandemic, the Palms, under tribal ownership, is expecting the possibility of big crowds after Wednesday night’s opening.
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 Las Vegas gaming company also reinstated a dividend to shareholders that had been discontinued as a result of the COVID-19 pandemic in March 2020.
A new owner, the San Manuel Band of Mission Indians, is reopening the Palms after the tribe acquired the 766-room resort for $650 million from Station Casinos in May.
The real estate investment trust affiliated with MGM Resorts International also paid a quarterly dividend of 53 cents a share to stockholders earlier in April.
While no one knows for sure how many people will arrive for this week’s NFL draft, the only certainty seems to be that it will break all city and NFL events records.
Stymied by the COVID-19 pandemic in 2020 and 2021, the NAB trade show — annually one of the city’s largest — opens its doors for a five-day event Saturday.
The former Dallas Cowboy backup quarterback is now in a reversed role, retiring from Caesars Entertainment which is one of the premiere hosts for this week’s festivities.
The Democratic challenger to Gov. Greg Abbott said he’s also inclined to support legalizing marijuana to reduce municipal property taxes in the state.
Commissioners unanimously approved the nonrestricted gaming license following a brief hearing Thursday.
The company, which also owns a property in Colorado, said greater market share drove results that were double- and triple-digit percentage points higher than in 2021.
The new discount air carrier that will add Las Vegas flights to seven destinations in June and August will next fly to Westchester County, N.Y., and Hartford, Conn.
As part of Derek Stevens’ expansion of the Circa Sports brand, Las Vegas-based Olympia Gaming’s Legends Bay Casino sportsbook in Sparks will be run by his team.
The Las Vegas utility company’s board of directors on Monday announced it plans to review a range of alternatives to Carl Icahn’s unsolicited bid, and shareholders approve.
Harry Reid International Airport lifted its mask mandate for travelers Monday night after the TSA said that it would no longer enforce the mask requirement.
Dallas-based Ojos Locos Sports Cantina is working with Fifth Street Gaming to develop what the two call the first casino property dedicated to Latino patrons at North Las Vegas’ Lucky Club.
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