Nevadans are optimistic about Las Vegas’ post-coronavirus future, but they believe a full economic recovery is going to take some time.
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.
With new stakeholders taking part in sports betting, it may get harder for companies to sustain growth that has fueled the industry in its first three years.
The concept of skill-based games in casinos may be a part of Nevada’s future. But it will be without Blaine Graboyes, former CEO of GameCo LLC, who was denied a license.
Approval makes Virginia the fourth state where it’s available and the company also has tie-ins with NASCAR and the Martinsville Speedway and Richmond Raceway.
Two companies with connections to Caesars Entertainment Inc. received unanimous recommendations for licensing Wednesday by the Nevada Gaming Control Board.
Affiliates of Apollo Global Management Inc. and Vici Properties Inc. will acquire The Venetian, Palazzo and the Sands Expo & Convention Center.
After negotiating a partnership with the Memphis Grizzlies last month, Las Vegas-based Wynn Resorts has a new deal with Detroit’s NBA franchise.
Social media influencers are expected to be in Las Vegas next weekend to get a look at how the city is readying for anticipated pent-up demand for the entertainment and activities it is famous for.
The Las Vegas resort company will build a studio in the Wynn Las Vegas casino, invest $3.5 million in Blue Wire and use the partnereship to promote WynnBET online gaming.
The Las Vegas Convention and Visitors Authority sees occupancy, room rates, traffic take a dive in January with conventions and trade shows nowhere to be found.
January is usually Southern Nevada’s busiest convention month, but not this year. As a result, gaming win declined 31.7 percent in Clark County and 43.8 percent on the Strip.
Despite capacity restrictions, casino play at Monarch’s Atlantis resort rose in the fourth quarter and the company sees opportunities for increased revenue in Colorado.
The retailer, which will exude an L.A. vibe, will have men’s and women’s stores in the 70,000-square-foot retail district of the megaresort that opens this summer.
Blaine Graboyes, who was denied a gaming license in a 4-1 Nevada Gaming Commission vote Thursday, is no longer with GameCo., a spokesman representing the company said in an email Monday.
Although sports wagering hasn’t been approved yet in New York, Penn National Gaming is getting a jump on it by signing a deal with Capital Region Gaming in Schenectady.