A defamation lawsuit filed last year by Japanese billionaire Kazuo Okada against Wynn Resorts Ltd., company CEO Steve Wynn and some of its executives has been dismissed by a Tokyo District Court.
Casinos & Gaming
Opponents of New York state’s proposal to build casinos argued Monday that more gambling would further impoverish people struggling to make ends meet and encourage addicts, while supporters said tax revenue would generate jobs and pay for schools.
The city’s largest and most powerful hospitality union had planned to protest weekly in front of the Cosmopolitan of Las Vegas in an effort to gain a contract with the luxury hotel. But, after several members of the Culinary Union were caught on video verbally abusing Strip visitors, those protests were put on hold for the rest of the month.
Caesar Entertainment Corp. said Monday the U.S. Treasury Department is investigating potential money-laundering allegations at Caesars Palace.
Caesars Entertainment Corp. has a bigger debt load than what Detroit owes its creditors.
Lottery giant Scientific Games Corp. completed its $1.5 billion buyout of slot machine maker WMS Industries Friday, less than 10 months after the merger was announced.
A well-known professional gambler accused of cheating at cards at a San Diego-area casino has been extradited from Nevada to California.
Las Vegas Sands Corp. said Thursday its financial performance for the third quarter rocketed past results from a year ago thanks to a growing business from the company’s casino holdings in Macau.
Penn National Gaming, which is spinning off its casino holdings into a separate publicly traded company, said quarterly profits declined due to soft gaming results in several markets.
Judy Patterson has resigned as senior vice president and executive director of the Washington-based American Gaming Association, the organization she helped found. She will remain as a consultant over the next year.
Bob Faiss is considered one of the world’s leading gaming attorneys. His 40-year career could serve as a documentary on the history of Nevada gaming law and the expansion of the casino industry.
Station Casinos Executive Vice President Kevin Kelley quietly resigned from his position with the gaming company on Sept. 30.
John Ascuaga’s Nugget in Sparks has been sold to a private investment group, which will end more than 50 years of family ownership in the Northern Nevada hotel-casino.
If you’re looking for a Price is Right chair, statues of lounging Greek goddesses or tiki huts for your backyard, you just hit the jackpot. Caesars Entertainment is unloading more than 14,000 chairs, lamp shades, metal bed frames and countless other items online and at the Rio this weekend.
Maryland gaming regulators ruled Thursday that three casino companies, including MGM Resorts International and Penn National Gaming, were suitable applicants to compete for a single gaming license that could place a multimillion-dollar casino complex near the nation’s capital.
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