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Casinos & Gaming

Equity-firm sports betting bill dies in Nevada

CARSON CITY — A bill that would have allowed private equity groups to place large bets at Nevada sports books appears dead this legislative session after it failed to get a vote Friday in the Assembly Judiciary Committee.

Las Vegas’ Downtown Grand to hire 800

Fifth Street Gaming is looking to hire more than 800 people for the Downtown Grand hotel, the company’s chief executive said Monday. The company expects the hiring process to take four months.

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Derek Stevens integral to downtown revival

If Tony Hsieh is the savior of downtown Las Vegas, then Derek Stevens is at least the savior of Fremont Street.

Renovation of Golden Nugget Atlantic City spurs widespread praise

Landry’s Inc. paid $38 million two years ago to acquire the rundown, money-losing Trump Marina, and analysts immediately predicted the gaming market’s demise. A few years earlier Trump Marina had been valued as high as $315 million.

New leadership hopes to revitalize Revel in Atlantic City

The opening of the $2.4 billion Revel on the northern end of the Boardwalk in April 2012 was one of the most anticipated events in the market since 2003, when the Borgata was unveiled.

California regulators to rule on Galaxy Gaming, CEO’s suitability

The California Gambling Control Commission has set a July 11 hearing to determine if Galaxy Gaming California LLC, a subsidiary of Las Vegas-based Galaxy Gaming Inc., and its CEO Robert Saucier are suitable to continue doing business in the Golden State.

Riviera reports $7.5 million first quarter loss

The owner of the Riviera posted a modest first-quarter loss as the company experienced a major decline in walk-in traffic because of its location on the north end of the Strip near the dormant Resorts World Las Vegas, Fontainebleau and the SLS Las Vegas project.

Toronto casino project that drew Nevada interest appears dead

A downtown Toronto resort complex that attracted the interest of Nevada’s largest casino operators appeared dead Friday after the city’s mayor canceled a vote scheduled for next week on the multi-billion dollar development.

Terrible’s Casino to become Silver Sevens Hotel & Casino

Affinity Gaming will begin the process next week of renovating the company’s off-Strip Terrible’s Casino at the corner of Paradise and East Flamingo roads to a new name — Silver Sevens Hotel & Casino.

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