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Casinos & Gaming

Lionel Sawyer law firm files bankruptcy owing $3.37 million

The historic Lionel Sawyer & Collins law firm, which went out of business at the beginning of the year, filed for Chapter 7 bankruptcy liquidation at the end of January.

Amid U.S. inquiries, Caesars hires top money-laundering official

Caesars Entertainment Corp., under investigation by the U.S. Treasury and a federal grand jury over alleged failures to comply with anti-money laundering law, has hired away Wal-Mart Stores Inc.’s top expert.

Macau, already reeling, faces possible total smoking ban

Out of the fire and into the furnace? After implementing a partial casino smoking ban in October, Macau is now contemplating a total prohibition on smoking in all areas of the region’s gaming market.

Redevelopment planned for casino on Paradise Road

A local real estate developer said Tuesday he acquired majority ownership of the Mardi Gras Hotel & Casino on Paradise Road and plans to redevelop the property.

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Caesars backs independent bankruptcy examiner

Caesars Entertainment Corp. supports demands by creditors for an independent examiner to review recent deals by the casino company’s bankrupt operating unit, it said in court documents.

McCain calls for hearings on expanded sports betting

With all eyes on the Super Bowl and the billions of dollars wagered legally — and illegally — on the game, Sen. John McCain says Congress should hold hearings on whether to expand legalized sports betting that now largely is limited to sports books in Nevada.

Independent proxy advisory firms said to back IGT buyout

Slot machine maker International Game Technology said three independent proxy advisory firms voiced their support for the company’s $6.4 billion buyout by Italy-based lottery giant GTECH Holdings.

Griddle Cafe at SLS Las Vegas will close

The owner of the Los Angeles-based Griddle Cafe is closing her location inside the SLS Las Vegas. The restaurant will be replaced by a 24-hour Las Vegas-style coffee shop. SLS officials said the new restaurant will be called Northside Cafe and will open Sunday.

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