Dan Lee, CEO of Full House Resorts, discusses investments the company has made in casinos outside of Nevada.
The Southern Nevada casino industry is riding a new wave of confidence bolstered by some strong financial results But loyal casino customers are warning that resort fees and paid parking policies at Strip casinos threaten to kill the goose that laid the golden eggs. Many of Southern Nevada’s leading casino companies have reported stellar fourth-quarter earnings MGM recently increased its parking fees, and several properties bumped up their resort fees. MGM, Wynn, Caesars Entertainment and The Cosmopolitan of Las Vegas initiated parking fees, but almost every property has resort fees
The South Point casino cage was robbed at gunpoint Monday night. A woman walked up to the cage about 7:40 p.m., showed a handgun and demanded cash, according to police. The suspect fled in an older model 2-door gold or brown sedan with a black top and large chrome rims. Anyone with information can contact Metro’s robbery section at 702-828-3591, or Crime Stoppers at 702-385-5555 to remain anonymous.
Las Vegas’ largest gaming companies (by employment) have 57 members on their corporate boards combined, eight of whom are women. Only two of these companies — MGM Resorts International and Boyd Gaming Corp. — have female representation on their boards that is higher than the national average.
Lucky Dragon was designed to to the Asian-American and Asian immigrant crowd in Las Vegas and West Coast cities Lucky Dragon was positioned to become that community’s locals casino, The Dec. 2, 2016, launch of the first direct flight between Beijing and Las Vegas right before the official opening gave the casino another potential customer base. But things didn’t go according to plan The Review-Journal investigated signs of financial struggles in December 2017 A statement from officials Thursday said, “Effective immediately Lucky Dragon Hotel & Casino is beginning the process of repositioning and, in doing so, will have a reduction in staff while it temporarily closes all gaming and restaurant operations.”
Sheldon and Christine Smith talk about their Las Vegas casino memorabilia collection. (Bailey Schulz/Las Vegas Review-Journal)
1. Two downtown Las Vegas casinos will open temporarily to preserve gaming licenses. The Las Vegas Club and Mermaids casinos must have casino play on the floor for at least 8 hours every two years to preserve a gaming license. United Coin Machine will set up slot machines in the two casinos in late June to help maintain the license.
2. Federal prosecutors announced Wednesday that two dozen reputed Russian mobsters and associates were arrested on racketeering charges. Razhden Shulaya, the alleged leader of a Soviet mafia syndicate, was arrested in Las Vegas and is accused of running gambling, stolen goods and protection rackets in several states. Thirty-three defendants in total were charged in the indictment.
3. A Las Vegas judge posted and removed a doctored photo of herself with Dwyane “The Rock” Johnson. The photo was posted on Heidi Almase’s campaign Facebook page Tuesday night before it was quickly removed. Almase’s campaign manager Jennifer Barrier says she is close family friends with Johnson, but did not have authorization to post the image.
Clark County Fire Department Chief Greg Cassell explains what caused the fire at Bellagio hotel-casino April 13th. According to officials, the main culprit was a faulty light fixture. (Gabriella Benavidez/Las Vegas Review-Journal)