With the company’s bankruptcy in the rear-view mirror, Caesars Entertainment Corp. executives on Wednesday said the company would continue to expand domestically and internationally and return shareholder value.
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 legacy of the Moulin Rouge as a historic gaming property is destined to live on for at least another day.
A former member of the Nevada Athletic Commission has been appointed to the Nevada Gaming Commission.
With the local economy churning, it makes sense that a locals-focused casino company could take advantage.
Online pokers players may have hit the equivalent of a royal flush Tuesday.
The state Gaming Control Board will conduct a public regulation workshop meeting Thursday afternoon to consider a 2½-page amendment to the rules that spell out operations in gaming establishments and possible disciplinary actions.
Palms employees are on the verge of being unionized. The Culinary Union has been authorized to represent about 900 workers at the off-Strip property following a two-day union representation election completed Saturday.
Nevada casinos made it three for three in 2018, collecting more than $1 billion in gaming win for the third straight month in March, the state Gaming Control Board reported Monday.
Four times a year, publicly traded gaming companies open a tiny window into their financial world.
The wait for an answer on whether nationwide sports betting will be allowed may come as soon as Monday.
The $1 billion Project Neon freeway construction effort that has frustrated motorists for weeks may also have taken a bite out of Boyd Gaming Corp.’s first-quarter earnings.
Study after study has concluded that stadiums aren’t effective economic development drivers. But a leading urban growth researcher says Orlando and Las Vegas are exceptions because of the strength of their regions’ tourism economies.
Penn National Gaming exceeded its own first-quarter expectations and remained on course to close on its merger with Las Vegas-based Pinnacle Entertainment that ultimately will save the company $100 million a year.
Resort executives must continually research return on investment for non-gaming amenities, which have become more important to their operations over time, Bob Boughner, former president and CEO of Atlantic City’s Borgata and a partner with Global Market Advisors, said Tuesday.
Las Vegas Sands Corp. rode prosperity in Macau to a record-setting first quarter. The company that owns the Las Vegas Strip’s Venetian and Palazzo resorts set numerous benchmarks for the quarter that ended March 31, including highest mass table gaming drop by revenue, highest retail mall sales and highest cash flow margin since the third quarter of 2006.