Pinnacle Entertainment’s $2.8 billion buyout of Ameristar Casinos is in jeopardy after the Federal Trade Commission said the deal violates U.S. antitrust law.
Casinos & Gaming
A graduate of a unique executive development program at the University of Nevada, Reno turned executive with Marina Bay Sands in Singapore on Wednesday said the late economist Bill Eadington had a profound effect on his students and others in the industry during his 40-year career.
A former Nevada congressman turned lobbyist said Tuesday that the gaming industry’s indecisiveness toward online gambling a few years ago scuttled chances for passage of a federal bill to legalize and regulate Internet poker.
The amount Las Vegas Sands Corp. owes to the company owned by one-time consultant Richard Suen grew by nearly half to $101.6 million in the final judgment signed Tuesday by Clark County District Judge Rob Bare.
The sometimes nasty legal battle that Cantor Gaming launched two years ago against former executive Joseph Asher has now extended to arch rival William Hill PLC.
A month after parting ways with its long-time auditor, Las Vegas Sands Corp. has appointed Deloitte & Touche LLP to serve as the casino operator’s independent outside accounting firm.
Wall Street still isn’t sold on the efforts by Caesars Entertainment Corp. to get out from under more than $20 billion of long-term debt.
The Palms on Thursday rolled out a new website, another upgrade made to the off-Strip property that has spent $50 million in the past year remodeling .
A zip line-like thrill ride will connect the two towers of the Rio and send guests soaring more than 400 feet above the off-Strip hotel-casino.
ATLANTIC CITY — The folks who write the checks that help keep Atlantic City’s casinos afloat say Internet gambling can help revive the market’s flagging fortunes.
CARSON CITY — Opponents of a bill to ban sports betting kiosks at bars and taverns hope to make a defensive stand in the Nevada Assembly after the measure cleared the state Senate. If approved, Senate Bill 416 would prohibit the free-standing sports-betting machines in small establishments with restricted gambling licenses as of July 1.
A management company headed by former Las Vegas Sands Corp. President Bill Weidner will oversee the centerpiece resort of a $3.5 billion hotel-casino complex in the Bahamas.
Universal Entertainment Corp., the Tokyo-based company controlled by gaming magnate Kazuo Okada, called a $25 million payment at the center of an FBI investigation into possible bribery in the Philippines “unnecessary.”
Culinary Workers Local 226 members voted overwhelmingly Monday to raise dues by $25 in the event of a strike this year against Strip and downtown resorts.
The Toronto City Council went ahead with a vote Tuesday to kill a casino project proposed for the downtown area that attracted interest from Nevada largest gaming companies.
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