Representatives of the Golden Gate Casino are expected to open their own branded sportsbook in June after the Nevada Gaming Commission on Thursday unanimously approved a license for the downtown Las Vegas operation.
Richard N. Velotta
Assistant Business Editor
Email: rvelotta@reviewjournal.com
Phone: (702) 477-3893
X: @RickVelotta
Richard N. “Rick” Velotta has covered business, the gaming industry, tourism, transportation and aviation in Las Vegas for 25 years. A former reporter and editor with the Las Vegas Sun, the Ogden (Utah) Standard-Examiner, the Arizona Daily Sun in Flagstaff and the Aurora (Colo.) Sun, Velotta is a graduate of Northern Arizona University where he won the school’s top journalism honor. He became the Review-Journal's assistant business editor in September 2018.
First, the bad news about March’s casino gaming win reported Thursday by the state Gaming Control Board: Numbers were flat against March 2018.
The company on Wednesday reported fuel costs down 6 percent, no maintenance cancellations over the past 120 days and a 5 percent increase in the number of departures.
D Las Vegas co-owner Derek Stevens said the Circa resort in on schedule for a late 2020 opening.
Based on the terms of Tony Rodio’s employment agreement disclosed in a Securities and Exchange Commission filing, he appears to be in for the long term with a $1.5 million annual salary, prospective bonus payments of $3 million, as well as a $3 million buyout clause. This doesn’t look like the pathway to a quickee company sale.
Nevada must continue to support a strong regulatory environment for the gaming industry, even as society races into uncharted technological advancements, a former gaming regulator said.
Construction managers for the Las Vegas Convention Center’s $935.1 million expansion say the project is on track for its scheduled January 2021 opening.
The Las Vegas Stadium Community Benefits Plan Oversight Committee learned Thursday that for work through the end of February, 66 percent of the 1.3 million work hours performed on the project was completed by women and minorities.
One of the city’s oldest casinos has announced plans for two new projects at its downtown Las Vegas property.
Is the spread of casino gambling across the United States killing Las Vegas? No, the numbers say.
The state Gaming Control Board on Thursday said state win — the amount casinos ultimately take from gamblers — hit $999.7 million for the month, 4.1 percent more than in December 2017.
The company’s Total Rewards program will be known as Caesars Rewards as of Friday, company officials said Wednesday. The name change was first announced in December.
If Wynn Resorts Ltd. CEO Matt Maddox is nervous about upcoming meetings with regulators in Las Vegas and Boston, he didn’t show it Wednesday.
The third phase of PSL sales — the least expensive in the building with a range of between $500 and $3,900 per seat — are mostly in the highest levels of the stadium.
Virgin Trains USA LLC, the company that intends to build and operate a high-speed rail line between Southern California and Las Vegas, launched an initial public offering Wednesday.