An Alabama Indian tribe with diverse casino holdings, including a property in Gardnerville, is buying the Sands Bethlehem in eastern Pennsylvania for $1.3 billion from Las Vegas Sands Corp.
Richard N. Velotta
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.
London-based IGT rode a stronger-than-expected fourth quarter and benefits from the U.S. tax reform to top analysts’ projections and finish 2017 at the high end of the company’s cash flow guidance.
The state Gaming Control Board on Wednesday recommended that the Nevada Gaming Commission enact amendments affecting club personnel and properties with at least one nightclub or dayclub.
The state Gaming Control Board on Wednesday unanimously recommended approval of the transfer of a gaming license for the SLS Las Vegas on the Strip to a company controlled by Reno casino operator Alex Meruelo and his Meruelo Group of diversified businesses.
When local residents cross the border to buy lottery tickets in Arizona they’ll be purchasing them from merchants using equipment developed in Nevada.
Rep. Dina Titus has sent a letter to the U.S. attorney general’s office asking for an opinion to keep internet gambling legal.
Steve Wynn demanded salon employees at Wynn Las Vegas record a video in which they stated they were never assaulted by him and the former chairman and CEO of the company continues to make appointments and receive manicures, pedicures and services there or at his on-property villa, according to a new lawsuit filed in Clark County District Court.
It’s been a month since Steve Wynn stepped down as chairman and CEO of Wynn Resorts Ltd., and investigations continue in Nevada, Massachusetts and Macau.
Gov. Brian Sandoval’s 12-member Gaming Policy Committee is poised to uphold the state’s previously approved stance that licensed gaming companies not have business relationships with Nevada’s marijuana industry.
The MSG Sphere will be 360 feet tall and 500 feet wide at its widest point. As its name implies, it’s spherical. It will be built on a lot currently used for outdoor storage just east of the Sands Expo Center.
Possible new standards will help casino companies comply with existing federal and state workplace sexual harassment laws.
A Las Vegas Convention and Visitors Authority committee on Thursday recommended a construction-manager-at-risk contract go to a collaboration between New York-based Turner Construction and Martin-Harris Construction of Las Vegas.
The Las Vegas Stadium Authority on Thursday unanimously approved a series of documents to put the financing in place to build a $1.9 billion indoor football stadium for the Oakland Raiders.
Las Vegas-based gaming equipment manufacturer Scientific Games Corp. suffered its fourth straight quarterly net loss, but saw revenue climb 9.4 percent for the quarter and 6.9 percent for the year, the company reported Wednesday.
Convention attendance was off 16.7 percent and January visitor volume was down 3.3 percent, but the average daily room rate soared for the month to the highest level in history, the Las Vegas Convention and Visitors Authority reported Wednesday.