The former chief executive of a technology firm has joined the board of directors of MGM Resorts International.
Casinos & Gaming
A new push for gaming expansion in Texas drew muted commentary from analysts Tuesday.
Lonny J. Campos has agreed to surrender his state gaming license and pay a $5,000 fine related to the sale of his Bikini Bar, which operates with a restricted gaming license, according to a settlement reached with the Nevada Gaming Control Board.
In November 2000, Las Vegas Sands Corp. consultant Richard Suen and three associates hit the Strip to do all the tourist things for the first time, including walking through a dozen resorts and catching a couple of shows.
CINCINNATI — Ohio’s newest casino raked in $21 million during its first month of operation as the state’s three other casinos saw double-digit percent increases in their revenues, according to a report released Monday by the Ohio Casino Control Commission.
CARSON CITY — The smaller players in Nevada’s robust gambling economy were the targets of an Assembly bill Monday that would reform the state’s biggest industry by better defining and separating the large casinos from smaller establishments.
CARSON CITY — Private investment groups could place sports wagers on behalf of investors under a proposed law in Nevada that would allow the state to reap millions in untapped revenue.
During the 2008 breach-of-contract trial between Hong Kong businessman Richard Suen and Las Vegas Sands Corp., Sheldon Adelson went to great pains to correct his testimony after suggesting that Bill Weidner, who was then president of the company, had breached fiduciary responsibility to the casino operator.
The Primm Valley Lotto Store isn’t much of a convenience outlet. Bottled beverages and ice make up 100 percent of its inventory. But that wasn’t why it was opened in 1992 on the California side of the border with Nevada, just off Interstate 15 and adjacent to the three Primm Valley casinos.
The methodical, sometimes repetitious review of Las Vegas Sands Corp. Chairman and CEO Sheldon Adelson’s dealings with one-time consultant Richard Suen continued Friday in Clark County District Court, punctuated by flare-ups and an examination of the Thursday incident that led to a request for a mistrial.
Joseph Magliarditi is confident the $50 million invested in upgrades to the Palms is money well-spent.
Gov. Brian Sandoval will keep the five-member Nevada Gaming Commission intact for another year.
Regional casino giant Penn National Gaming, which owns M Resort, announced plans Friday to enter San Diego’s Indian gaming market.
It took one hour of Sheldon Adelson’s testimony Thursday for the Las Vegas Sands Corp. chairman and CEO to provoke opposing attorneys to demand a mistrial.
Representatives from two unions and the Strip’s two major casino operators will begin contract negotiations today covering thousands of hotel and restaurant workers at some 20 resorts.