The chief lobbyist for the casino industry is urging the Senate to gauge Loretta Lynch’s commitment to enforce laws against illegal betting before it votes on her nomination to become attorney general.
Casinos & Gaming
The operating unit of Caesars Entertainment Corp. begins an unusual two-day trial on Monday to decide which of two bankruptcy courts will review its $10 billion debt-cutting plan. In some ways, the decision is not just about which judge, but which law will govern.
Lottery giant Scientific Games Corp., which acquired two slot machine manufacturers in the past 18 months, announced Monday it would move its corporate headquarters from New York to Las Vegas.
Slot machine route operator Golden Gaming announced Monday it will merge with Minnesota-based Lakes Entertainment.
Gaming industry predictions are not exact science.
Las Vegas Sands Corp. Chairman Sheldon Adelson will take over as chief executive of the company’s Macau subsidiary.
The Clarion off the Strip is scheduled to be imploded next month in the early morning hours. Clark County spokesman Dan Kulin said Thursday that the implosion will take place on Feb. 10 between 2-3 a.m.
Representatives of the Governor’s Office of Economic Development board on Thursday approved a series of economic incentives for Scientific Games and a subsidiary, Scientific Games Production, to defray costs of building a 40,000-square-foot soundstage for a set for “Monopoly Millionaires Club,” a nationally broadcast television game show.
Boyd Gaming Corp. appointed the chief executive of a national hotel chain and a Las Vegas attorney to the casino company’s board of directors on Thursday.
The efforts by Caesars Entertainment Corp. to restructure 81 percent of its gaming industry-high debt will be a “drawn out” process, a Wall Street ratings service warned investors Thursday.
Bill Boyd said a 1983 decision to take over management of the troubled Stardust at the request of the Gaming Control Board was an easy choice.
Christian Goode, the top executive for the planned $4 billion Resorts World Las Vegas development, is no longer with the project, sources said Wednesday.
Steve Wynn’s 37.5 percent pay cut in base salary was described by Wynn Resorts Ltd. as an adjustment that will include a performance-based equity component as part of his compensation.
Casino operator Wynn Resorts Ltd. has slashed Chief Executive Steve Wynn’s salary to $2.5 million per year from $4 million, a regulatory filing showed.
A Chinese government official is hinting at a potential gaming tax increase ahead of license renewals for Macau’s casino operators.
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