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Casinos & Gaming

Federal legislation introduced to legalize Web wagering

A New York congressman introduced legislation Thursday to legalize all forms of Internet wagering by establishing a federal licensing and regulatory system.

Culinary plans demonstration to draw attention to labor issues

Local union leaders are stepping up efforts to keep ongoing contract talks in the public eye after labor agreements covering more than 40,000 Las Vegas hotel and restaurant workers expired late last week.

Las Vegas Sands plans to repurchase $2 billion in shares

Las Vegas Sands Corp. told investors the company plans to repurchase $2 billion on the company’s outstanding shares over a multi-year period, but analysts said investors might be disappointed by the figure.

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Nevada high court weighs Wynn tip-sharing policy

The legal team representing dealers fighting Wynn Resorts Ltd.’s tip-pooling policy ran into skeptical questioning as the long-running dispute came before the Nevada Supreme Court on Wednesday.

Las Vegas Sands approved to sell apartments in Macau

Las Vegas Sands Corp. gained approval from Chinese officials to sell 300 co-op style apartments at the Four Seasons Macau. Analysts said sales proceeds could be worth from $775 million to more than $1 billion to the company.

Airlines’ cost for using McCarran to stabilize

The costs for airlines to use McCarran International Airport will stabilize in the coming year after several years of a sharp run-up.

Contractor’s consultant says testing damaged Harmon Hotel beyond repair

The safety of the Harmon Hotel tower at CityCenter arose again as a concern when a consultant hired by Tutor Perini Building Corp. reversed its position and now believes that recent testing damaged the never-finished building beyond repair.

Profits for SHFL entertainment rise 22 percent

Gaming equipment supplier SHFL entertainment grew profits 22 percent in the second quarter thanks in part of sales of products to casinos in Australia and Asia.

Macau gaming revenues up 13.5 percent in May

Macau gaming revenues grew 13.5 percent in May to $3.7 billion as the Chinese casino market recorded its second-largest single-month collection.

With Las Vegas move complete, Nevada Gold mines for new opportunities

It was once a mining company with a significant presence in Nevada. But during the past decade, Nevada Gold & Casinos Inc. sold off its mining assets to focus on its growing and profitable gaming business, acquiring casinos and slot routes in South Dakota and Washington.

NEWave picks up eight tribal casinos, bringing Oklahoma total to 36

NEWave, a Las Vegas-based supplier of gaming industry compliance software, on Monday was awarded a contract to provide its Title 31 Manager and TINCheck software to the eight casinos in Oklahoma owned by Cherokee Nation Entertainment LLC.

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