Nongaming venues inside Las Vegas casinos such as high-end clubs, restaurants and retail outlets are moving quicker to capture a young, generally wealthy, niche clientele.
Todd Prince
Reporter: Business Tourism, Gaming
Email: tprince@reviewjournal.com
Phone: (702) 383-0386
Todd Prince joined the Review-Journal in January 2017 as a gaming and tourism reporter after spending 17 years in Russia. During his time in Moscow, Todd worked 7 years as a stockbroker for Bank of America-Merrill Lynch and five years as a business and political reporter for Bloomberg News. He also worked several years as a freelance writer and photographer for publications including The Moscow Times. Todd speaks Russian and has a bachelor’s degree in history from Brooklyn College.
The Chinese gaming operator will stave off other potential unsolicited suitors while giving the company a key local ally in talks with Macau regulators.
Alex Meruelo will invest up to $100 million to revitalize the SLS Las Vegas after the Nevada Gaming Commission approved his acquisition Thursday of the struggling Strip property.
Steve Wynn sold 4.1 million shares of Wynn Resorts on Wednesday, cutting his stake to 7.8 percent.
Steve Wynn has notified Wynn Resorts that he plans to sell his shares, potentially pre-empting a decision by regulators in Massachusetts and Nevada to force him to do so.
Steve Wynn, who settled with two former female employees who accused him of sexual misconduct, skipped his own company’s mandatory sexual harassment awareness training, court testimony shows.
Lawyers for Elaine Wynn told a Nevada judge on Friday there is a second settlement involving Steve Wynn, and a spokesman for Wynn Resorts later confirmed it.
The focus at the World Game Protection Conference in Las Vegas turned from cheaters to the active shooters this year following deadly incidents in the Philippines, Chile and Las Vegas.
MGM Resorts International appointed travel industry executive Jan Swartz to its board of directors amid growing scrutiny about board diversity in the United States.
When Full House Resorts President Dan Lee got off the phone with a tree broker in Houston last summer, he ordered Chief Financial Officer Lewis Fanger to join him in a single-engine turbo plane for a short flight to Palm Desert.
While changes at Silver Slipper and Rising Star can swing company earnings, Full House President Dan Lee’s pet project in Colorado has the potential to double the company’s cash flows and stock price in a few years. Lee owns about 8.8 percent of the company’s shares, including vested options.
Wynn Resorts has dropped all claims against co-founder Kazuo Okada as new Chief Executive Officer Matt Maddox seeks to end a six-year lawsuit and focus his energy on company operations.
Electronic dance music and high-priced DJs continue to generate “great profits” for Las Vegas nightclubs and are not going anywhere anytime soon, said Hakksan Group Chief Executive Officer Nick McCabe.
Hakkasan Group, the Las Vegas-based lifestyle company that keeps people partying from morning to night, now wants to care for guests round the clock, too.
Lawyers for Kazao Okada on Friday said the Japanese businessman was shocked by the $2.4 billion settlement reached a day earlier between Wynn Resorts and his Universal Entertainment Corp.