Over two days, the New Jersey Casino Control Commission took testimony before voting Thursday to approve Eldorado Resorts’ acquisition of Caesars Entertainment.
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 New Jersey Casino Control Commission received petitions from two Eldorado competitors in the Atlantic City market seeking to be included in the deal discussion.
Community nonprofit organizations may be able to use an Allegiant Stadium suite for fundraising under a policy adopted Thursday by the Las Vegas Stadium Authority.
With COVID-19 showing its teeth and board members deciding against raises and bonuses for the foreseeable future, President and CEO Steve Hill takes a 10% pay cut.
The company with a large Las Vegas presence has become the “Official Credit Card Processing Company of the Las Vegas Raiders and Allegiant Stadium.”
The real work begins for representatives of Eldorado Resorts Inc. after regulators in New Jersey consider the $17.3 billion acquisition of Caesars Entertainment Corp.
President and CEO Steve Hill told the LVCVA board of directors Tuesday that talks with the transit system are early, but “could move rapidly.”
With a quarantine rule on the verge of being lifted, Macao’s casinos, including some owned by Las Vegas companies, anticipate a return to billion-dollar gaming revenue.
The Indiana Horse Racing Commission unanimously approved Eldorado Resorts Inc.’s acquisition of Caesars Entertainment Corp. Monday.
The Indiana Horse Racing Commission will have a critical role in determining support for Eldorado Resorts Inc.’s acquisition of Caesars Entertainment when it meets Monday.
The Cosmopolitan of Las Vegas may be gearing up for layoffs, but representatives of the company downplay the significance of the notification.
The conditional approval of the $17.3 billion deal was unanimous, but the new company will have to divest three properties and maintain its job level for three years.
President and CEO Steve Hill, who voluntarily took a 10 percent pay cut when the pandemic set in, wasn’t really expecting a raise when the new fiscal year began.
The state Gaming Control Board on Wednesday unanimously backed Reno-based Eldorado Resorts Inc.’s $17.3 billion bid to acquire Caesars Entertainment Corp. and build the world’s largest casino operation.
The new-to-Nevada PeakBarTop units with a design that includes a 23-inch curved, full-HD display and a front-mounted ticket printer are in use at six local properties.