CAMDEN, N.J. — Revel is having much more success in bankruptcy court than it is at the slot machines and card tables.
Casinos & Gaming
An accountant for Richard Suen justified the $328 million fee Suen claims Las Vegas Sands Corp. owes him but lavished the company with praise Wednesday.
MGM Resorts International will spend $100 million to transform land along the Strip and surrounding the New York-New York and Monte Carlo resorts into a plaza with trendy shops, restaurants and a park that will serve as a gateway into a 20,000-seat sports arena.
The American Gaming Association on Wednesday named just its second president to lead the nearly 20-year-old Washington, D.C.-based organization that serves as the industry’s voice on Capitol Hill.
One legal challenge to the pending acquisition of Ameristar Casinos by Pinnacle Entertainment was rejected Tuesday.
The demise of the Gold Spike Casino downtown came too quickly for some of its employees.
A Boston-based investment management company has proposed a
$101.5 million buyout of Laughlin casino operator Archon Corp.
The only Las Vegas resident charged in the federal government’s 2-year-old “Black Friday” crackdown on Internet poker is suing his former attorney.
William Hill Plc said Monday that it has completed its $649 million acquisition of the 29 percent stake in William Hill Online held by gaming software firm Playtech Ltd.
Penn National is not the first commercial casino company to jump into the Indian gaming market.
Bill Weidner has put his 14 years as president of Las Vegas Sands Corp. in the rear view mirror. Last month, Global Gaming Asset Management, which Weidner operates with former Las Vegas Sands executives Brad Stone and Garry Saunders, opened the first phase of Solaire, a planned $1.2 billion hotel-casino at Manila Bay in the Philippines.
Private equity groups could soon place large bets at Nevada sports books under a bill being advanced in the state Senate.
Las Vegas Sands Corp. had a “businessman’s deal” of what one-time consultant Richard Suen had to accomplish in Macau to earn a success fee, but never put it into a written contract, former President and Chief Operating Officer William Weidner testified in court Thursday.
A top executive from the U.S. Travel Association is the leading candidate to replace retiring American Gaming Association President Frank Fahrenkopf.
U.S. Rep. Joe Heck, R-Nev., and a House Democrat from Mississippi are trying to form a bipartisan Congressional Gaming Caucus to focus on gaming issues and policy.
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