Las Vegas Stadium Authority Chairman Steve Hill and Oakland Raiders President Marc Badain on Wednesday signed all the documents needed to fund a $1.8 billion indoor football stadium that will house the NFL team and the UNLV Rebel football team beginning in 2020.
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.
Statewide gaming win cracked the $1 billion mark for the second straight month in February as Nevada casinos capitalized on a shift in the dates of Chinese New Year in 2018.
If Wednesday’s Las Vegas Stadium Authority agenda brings about a sense of deja vu, you’re not imagining things.
Most stakeholders believe the U.S. Supreme Court will strike down the Professional and Amateur Sports Protection Act, opening the door to legal sports betting.
Gaming has arrived on the Strip and it’s not about blackjack, roulette or craps.
When the Las Vegas Raiders take the field once they begin playing at their new 65,000-seat indoor stadium, they’ll pass through a field-level club where they’ll be cheered by the team’s fans before going into battle.
The Las Vegas Stadium Authority late Wednesday posted three documents on its website outlining the guaranteed maximum price negotiated by the Oakland Raiders with general contractor Mortenson Construction Co.
When the Las Vegas Stadium Authority considers a lease agreement with the Oakland Raiders Thursday, it could vote on a newly introduced section of the document that spells out authority access to a stadium luxury box suite.
Revenue from room-tax collections have reversed a three-month downward trend producing the second-highest monthly level since collections began in March 2017.
Another earnings season has come and gone and Southern Nevada’s Big Six casino companies had mostly positive news to report as they wrapped up last year and looked toward 2018’s outlook.
A guaranteed maximum price, the all-important final estimated cost of the Las Vegas stadium the Raiders are building, is expected to be discussed Thursday by the Las Vegas Stadium Authority.
The nearly 90 people who thought they had won money in Station Casinos’ “bad beat jackpot” poker promotion had to wait more than nine months to cash in.
Golden Entertainment will invest $140 million over three years in its newly acquired Stratosphere property, including $32 million this year, company executives said in a quarterly earnings call Thursday.
The procedure runs parallel to Wynn Resorts’ surprise move Monday to drop all claims against Steve Wynn’s former business partner Kazuo Okada, ending a six-year legal battle that followed his ouster from Wynn’s board of directors.
Executives of Las Vegas-based Everi Holdings say they’re on the way toward becoming more than just a casino cash access company.