The Las Vegas Convention Center District Committee unanimously recommended approval of a $13.5 million contract for a builder representative to oversee the final phase of what ultimately will be a $1.4 billion expansion and renovation project.
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.
The four-day event, which isn’t open to the public, is centered around products associated with cars and trucks.
Two non-gaming beachfront resorts in Dubai developed by Caesars Entertainment Corp. will open their doors in November and December.
Executives for one of the key players in sports-betting technology say it’s going to take time before the company establishes consistent cash flow from the fledgling industry.
MGM Resorts International on Tuesday reported better third-quarter results than Wall Street analysts expected and the company had projected.
But there were more than 4 million travelers for the seventh straight month, the Clark County Department of Aviation reported Tuesday.
Clark County and state casino win showed modest increases in September, but the 50 Las Vegas Strip licensees registered declines for the month, quarter and past 12 months, the state Gaming Control Board reported Tuesday.
A product doesn’t have to have four wheels to be a part of this week’s Specialty Equipment Market Show at the Las Vegas Convention Center — but it helps.
Four times a year, CEOs and company financial officers field questions about what an editor once told me is the purest form of public disclosure of corporate information because it involves easy-to-compare numbers. And this quarter, there will be far more questions than answers.
Fresh off a profitable third quarter, Boyd Gaming Corp. is primed to enter five markets in four new states and has a new partnership with a prominent sports wagering company in its pocket.
Fuel hedging is a strategy through which bulk fuel pricing is negotiated in advance of consumption which can occasionally result in an airline paying more than the market rate if prices fall. Southwest has had one of the most robust — and successful — fuel hedging strategies in the industry.
A suitability hearing for executives of Wynn Resorts Ltd. isn’t expected to occur until the first two weeks of December, a Massachusetts Gaming Commission official said Thursday.
Las Vegas Sands Corp. will invest more than $2 billion in its Macau operation over the next two years as the company gears up for the renewal of its license in the Chinese enclave.
Las Vegas Sands Corp. and MGM Resorts International appear to have the inside track to be selected to build two of Japan’s first integrated resorts and casinos at Osaka and Yokohama, senior equity analyst Dan Wasiolek of Chicago-based Morningstar Inc. said Monday in a research report to investors.
It took only 60 seconds for Dan Morphy to sell an antique slot machine for $80,000 Saturday morning.