Las Vegas Sands Corp., faced with paying a lawsuit judgment of $58.6 million to a Hong Kong businessman, told investors it hasn’t recorded any reserves or contingencies for the legal matter.
- Home
- >> Business
- >> Business Columns
Inside Gaming
Richard N. Velotta’s Inside Gaming column appears Sunday and Wednesday in Business.
rvelotta@reviewjournal.com … @RickVelotta on Twitter. 702-477-3893
The clock is ticking on Herbst Gaming.
A rift may be growing between two gaming industry giants.
Boyd Gaming Corp. continues to receive accolades from Wall Street for putting the brakes on its $4.8 billion Echelon project. The company hopes to resume construction on the Strip development sometime next year.
Visa restrictions imposed by the Chinese government that curtail mass-market visitation to Macau hurt Las Vegas Sands Corp. more than any other casino operator.
THE LATEST
Casino operators in Macau aren’t expecting much of a revenue bump from the Beijing Summer Olympic Games, which begin Aug. 8. Wall Street thinks the numbers may even dip.
The poker community is abuzz over what some believe was special treatment Harrah’s Entertainment officials gave superstar Phil Hellmuth during the World Series of Poker’s main event.
Wall Street is giving Penn National Gaming a fresh look after the casino operator’s $6.1 billion private equity buyout collapsed July 3.
Las Vegas Sands Corp. Chairman Sheldon Adelson was so determined to quash MGM Mirage’s joint-venture deal in Macau with Hong Kong businesswoman Pansy Ho that he flew to Mississippi to discuss the matter with Gov. Haley Barbour.
MOST READ
In case you missed it