Gaming

Sheldon Adelson pulls out of Massachusetts casino race

Billionaire gambling mogul and Boston native Sheldon Adelson says he is no longer interested in opening a casino in his home state.

22 May 2012
Associated Press

Five memorable Las Vegas casino heists

The Stardust, which was imploded in 2007, was a victim of theft in September 1992, when a sports-book cashier simply walked out the door with an estimated $500,000 worth of cash and chips. The suspect has never been seen since.

Vegas crooks may conjure images of the neon city’s old days run by the mob, but in the past two decades, a new crop of criminals has made a name for themselves by executing daring casino robberies or thefts — some botched, some successful, most solved.

21 May 2012
By Jackie Valley

Judge dismisses lawsuits over drop in MGM Resorts stock price

Shareholders have struck out with two of their lawsuits over the decline of MGM Resorts International’s stock price between 2007 and 2009. Six suits were filed in the fall of 2009, and four remain active in federal court.

18 May 2012
By Steve Green

2

Reno casino in bankruptcy

The Silver Legacy Resort Casino in Reno, half owned by MGM Resorts International, voluntarily filed for Chapter 11 bankruptcy reorganization Thursday in U.S. Bankruptcy Court for Nevada.

17 May 2012
By Steve Green

1

Gaming Commission to use website, not newspapers, for posting regulations

The state Gaming Commission has voted to use its website for placing public notices of proposed regulations, ending the long-standing requirement they be published in the newspapers in Nevada.

17 May 2012
By Cy Ryan

Adult club boss insists he runs tight ship, gets gaming license OK

The Nevada Gaming Commission has approved the licensing of a general manager of a downtown Las Vegas topless club after being assured the dancers were warned against soliciting for prostitution or being involved with drugs.

17 May 2012
By Cy Ryan

Judge orders more briefing in Wynn/Okada document dispute

A Nevada state judge on Thursday indicated she needs more information before deciding whether Wynn Resorts Ltd. must turn over more records to board member and Japanese billionaire Kazuo Okada.

17 May 2012
By Steve Green

Mississippi regulators certify Jimmy Buffett's casino

Jimmy Buffett goes before the Nevada Gaming Commission for approval of his Margaritaville gaming license inside the Grant Sawyer Building in downtown Las Vegas on Thursday, March 22, 2012.

Jimmy Buffett told gambling regulators Thursday that next week's opening of his new Margaritaville Casino and Resort will be exciting, but creating jobs along his native Mississippi Gulf Coast has been a rewarding experience in itself.

17 May 2012
Associated Press

Wynn: Company does not 'entertain' or bribe government officials

Las Vegas casino mogul Steve Wynn, right, talks with business partner Kazuo Okada during a Gaming Commission hearing Thursday, June 17, 2004, in Carson City, where Okada received approval for a license for his Japanese Aruze Corporation to manufacture and sell slot machines in Nevada.

Attorneys for Wynn Resorts Ltd. of Las Vegas say dissident board member Kazuo Okada’s latest demand for company documents is a ''fishing expedition'' that should be rejected by a Nevada judge.

16 May 2012
By Steve Green

3

Boyd purchases company with casinos in Kansas, Iowa and Louisiana

Boyd Gaming Corp. of Las Vegas announced Wednesday it was buying Peninsula Gaming LLC, which has casinos in the Midwest and the South, for $1.45 billion.

16 May 2012
By VEGAS INC staff

4

One year after it closed, can Sahara site become a symbol of Las Vegas' rebound?

A view of what the SLS Las Vegas resort will look like from Sahara and Las Vegas boulevards Tuesday, May 1, 2012.

Rob Oseland heard plenty of skepticism about some of the projects he helped create along the Las Vegas Strip. The Bellagio was too expensive. The Wynn and Encore were too far north, away from the heart of the Strip.

16 May 2012
By Ron Sylvester

Cannery results flat in Las Vegas in quarter

Business was flat in the Las Vegas area for Cannery Casino Resorts LLC during the first quarter, and the company's loss increased.

15 May 2012
By Steve Green

Aliante Station posts profit on higher revenue

Aliante Station hotel-casino in North Las Vegas reported a first-quarter profit Tuesday, reversing a year-ago loss.

15 May 2012
By Steve Green

1

Station Casinos posts quarterly profit

Las Vegas locals casino leader Station Casinos LLC swung to profitability in the first quarter, earning $6.8 million on net revenue of $318.2 million.

15 May 2012
By Steve Green

2

Cybersecurity at issue as Gaming Policy Committee discusses Internet gambling

With the state about a month away from granting its first online gambling license, two experts told members of the Gaming Policy Committee on Monday that regulators have to stay vigilant in their efforts to keep the online gaming environment secure.

14 May 2012
By Richard N. Velotta
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