Gaming

Caesars layoffs to be ‘spread out evenly’ among properties, won’t exceed 680 workers

An exterior view of Caesars Palace on Thursday, June 6, 2013.

Debt-saddled Caesars Entertainment confirmed today that it’s laying off less than 1 percent of its total workforce amid ongoing attempts to improve the company’s financial situation. Caesars employs about ...

Station reports modest revenue growth for 3rd quarter

The Red Rock Casino Resort is shown in the western Las Vegas Valley.

ocals gaming giant Station Casinos, whose properties include Palace Station, Green Valley Ranch and Red Rock Resort, reported its third quarter earnings today. Station’s adjusted earnings before interest, income taxes, depreciation, amortization and management fees — its cash flow — was ...

Caesars said to be lining up creditors for January bankruptcy

An exterior view of Caesars Palace on Thursday, June 6, 2013.

Caesars Entertainment Corp. reached an agreement with key senior creditors on the outline of a debt restructuring plan that includes a prearranged bankruptcy for ...

Caesars CEO encouraged by Las Vegas tourism indicators

Gary Loveman, president, CEO and chairman of Caesars Entertainment, delivers a keynote address during the Global Gaming Expo at the Las Vegas Convention Center on Wednesday, Nov. 17, 2010.

Caesars Entertainment, the debt-saddled operator of many of the Strip’s most iconic resorts, reported its third quarter earnings today. Caesars has begun formal discussions with some creditors as ...

Medical marijuana a recurring theme at gaming law conference

Medical marijuana and the Nevada casino industry don’t mix, gaming officials said at a conference today, and that’s not likely to change anytime soon.

Will GOP’s surge be a deal-breaker for expansion of online poker?

In this April 29, 2013, photo, a sample poker game is played on the Ultimate Gaming website in Las Vegas. Federal legalization of online poker appears to be unlikely with Republicans in charge of Congress.

More than a year and a half after Nevada legalized online poker, the game still hasn’t taken off here. And Tuesday’s election results don’t offer much hope that Congress will help improve the situation. Experts say the game would be more popular if ...

Regulators finalize MGM and Wynn casino licenses

This artist's rendering released Wednesday, March 27, 2013, by Wynn Resorts shows a proposed resort casino on the banks of the Mystic River in Everett, Mass.

Wynn Resorts and MGM Resorts International have been officially awarded the state's first two resort casino licenses, following unanimous votes Thursday by the Massachusetts Gaming Commission. The gambling giants ...

Subpoena fight resolved over FBI-Caesars search

A federal judge in Las Vegas heard defense attorneys allege Thursday that the FBI improperly enlisted Caesars Palace officials to obtain a crucial search warrant before ...

Report: U.S. casino revenue up as economy strengthens

A view of the las Vegas Strip looking northbound from a helicopter May 21, 2012.

Revenue at U.S. casinos jumped more than 6 percent in 2012, the first significant increase in three years as economic growth picked up speed and more casinos opened in several markets. But revenue generated by Indian casinos rose less than ...

Macau casino industry bound for worst streak in austerity

A gondola sails at the Venetian Macao Resort Hotel  in Macau Tuesday, Aug. 28, 2007.

Macau’s casino industry is headed for its longest losing streak, facing months more of falling revenues as continued crackdowns against graft by the Chinese government prompt gamblers to ...

2nd Wheel of Fortune slot debuts in IGT social casino

Another variation of the Wheel of Fortune slot machine is now offered in a free-to-play digital casino. International Game Technology announced today that the Wheel of Fortune Triple Extreme Spin game is available in ...

Fitness area enlivens park; retailers join Downtown Summerlin, Town Square, Tivoli Village

Children play at the new Mighty Mountain Fitness Area at Mountain's Edge Regional Park, unveiled Oct. 24 by Clark County officials.

Outdoor enthusiasts, exercise junkies and families looking for free entertainment have reason to be excited thanks to the arrival of an expansive fitness area in the southwest Las Vegas Valley. Also, retail openings spread across ...

MGM Resorts reports loss of $20.3 million in 3rd quarter

An exterior view of the Bellagio, June 6, 2013.

Sometimes the house doesn't win as much as it hopes. MGM Resorts International earned $40 million less in revenue from its casinos, largely table games, in the third quarter compared to a year ago. That, plus losses the casino-entertainment company expected from ...

Casino mogul Steve Wynn still ‘very bullish on Macau’

The Wynn Macau and Encore towers, looking fairly familiar.

Wynn Resorts, which runs the Wynn and Encore properties on the Strip in addition to resorts in Macau, reported its third quarter earnings today. Wynn Resorts Chairman Steve Wynn ...

Jury selection begins in case of flawed Strip hotel tower

An exterior view of the Harmon tower in MGM Resorts' CityCenter on Thursday, Aug. 7, 2014. The 26-floor tower, deemed structurally unsound, will be demolished piece by piece.

The Harmon Hotel tower was designed to soar 48 stories over MGM Resorts International's massive CityCenter complex, offering hotel guests and condominium owners unparalleled views at ...