The outlook for Labor Day weekend in Las Vegas appears much like that for most holidays since the Great Recession took hold — visitors will still flock to the city but they will spend less. Read More →
An attorney for Hong Kong businessman Richard Suen says his services to Las Vegas Sands Corp. were worth more than $48 million in helping to clear the way for the company to build two Casinos. Read More →
While some Casino employers battle labor unions, Tropicana Entertainment CEO Scott Butera makes peace with them. Butera was a Wall Street investment banker who left after 14 years to restructure Donald Trump’s ailing Casino company in 2002. Read More →
The state Gaming Control Board today recommended approval of the licensing of the company that once owned the shuttered Lady Luck Casino in downtown Las Vegas. Read More →
Gaming mogul Sheldon Adelson says a Las Vegas jury relied on “wishful thinking” in awarding $43.8 million to a Hong Kong businessman who says he used his influence to help Adelson get approval for two Casinos in Macau. Adelson says there was no evidence presented at a 29-day trial to award the money to Richard Suen, who claims he was offered $100 million at one point. Read More →
Gaming mogul Sheldon Adelson says a Las Vegas jury relied on “wishful thinking” in awarding $43.8 million to a Hong Kong businessman who says he used his influence to help Adelson get approval for two Casinos in Macau. Adelson says there was no evidence presented at a 29-day trial to award the money to Richard Suen, who claims he was offered $100 million at one point. Read More →
Disappointing financial results by the owner of the Stratosphere hotel-Casino in Las Vegas resulted in a debt rating outlook downgrade today. Read More →
Disappointing financial results by the owner of the Stratosphere hotel-Casino in Las Vegas resulted in a debt rating outlook downgrade today. Read More →
The gaming industry’s annual tradeshow will find a new spot on the calendar and a new home in Las Vegas next fall. Read More →
The Riviera Las Vegas hotel-Casino would be spruced up and receive new gaming equipment under its parent company’s bankruptcy reorganization plan. Unable to service its approximately $291 million in debt and liabilities, Riviera Holdings Corp. filed for Chapter 11 reorganization in Las Vegas on July 12. Read More →
