Wynn CEO Craig Billings said the sales proceeds would “provide us with liquidity for several of our upcoming development projects and the potential to retire other debt.”
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.
“These results are nothing short of remarkable,” AGA President and CEO Bill Miller said of the revenue total that easily shattered 2019’s previous record.
Rep. John Mizuno’s bill would impose a 55 percent tax on sports bets, but it’s unclear if the tax would be imposed on players or on sportsbook providers.
Apollo Global Management Inc., one of the future owners of The Venetian, Palazzo and The Venetian Expo, reported higher earnings and are paying dividends to shareholders.
The International Pizza Expo and the World Tea Conference are among four trade shows planned simultaneously at the Convention Center for Food & Beverage Industry Week.
Las Vegas casinos moved swiftly after Gov. Steve Sisolak announced the immediate end of Nevada’s indoor mask mandate Thursday morning, taking down signs that had stood as a reminder to guests to keep their faces covered.
Reno company that operates Atlantis resort fights off bad Sierra weather, COVID-19 variant challenges with higher betting limits at its Black Hawk, Colorado casino.
The $1.9 billion performance venue’s exosphere is about half-completed.
The LVCVA’s board of directors pledged $275,000 to sponsor the USA Volleyball 2024 Girls Junior National Championships at Mandalay Bay June 28 through July 7, 2024.
The Arizona man is collecting his winnings this weekend after Control Board enforcement agents spent two weeks tracking him down as the winner of $229,368.52.
MGM Resorts International, Wynn Resorts Ltd. and Las Vegas Sands Corp. received the recognition in the hotels, resorts and casinos category.
The Las Vegas company that operates downtown Las Vegas properties, locals casinos and several regional resorts across the country continues to deliver profitable results.
Red Rock Resorts, parent company of Station Casinos Inc. achieved the highest fourth-quarter and full-year net revenue for adjusted cash flow in the company’s history.
Nevada Gaming Control Board members held a two-hour hearing before making their recommendation. The state Gaming Commission will consider the board’s recommendation later this month.
Casinos in the Chinese enclave are hoping for 20,000 tourists a day for the Chinese Lunar New Year that began Tuesday as the COVID-19 pandemic continues to affect Macao.
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