Gaming

Billionaire James Packer seeking return to Las Vegas

http://www.bloomberg.com/news/2014-07-31/billionaire-packer-said-to-seek-return-to-las-vegas-strip.html

Home owned by Trump holdout auctioned for $530,000

The Trump Plaza towers over Vera Coking's three-story rooming house Wednesday, July 23, 2014, in Atlantic City. The decrepit boarding home owned by the Atlantic City woman who has been turning down multimillion-dollar offers for the building in the shadow of Trump Plaza since the 1980s is now up for auction.

She once called Donald Trump "a maggot, a cockroach and a crumb." This week, he remembered her as "an impossible person." The woman who became a folk hero for resisting decades-long efforts by big-name developers like Trump to displace her Atlantic City boardinghouse is now 86 and, at last, has sold. The 29-room property Vera Coking and her husband bought...

Downtown Grand names 4 new executives

A view of the lobby following an official opening ceremony for the Downtown Grand in downtown Las Vegas Tuesday, Nov. 12, 2013.

The Downtown Grand has a slate of new executives. Management announced today that Marie Ramsey was hired as chief financial officer; Jeffrey Rabinowitz joined as ...

Las Vegas Strip’s first bitcoin ATM becomes operational

For those willing to take a chance on the digital currency bitcoin, there's a new way to get cash on the Strip. As with a regular ATM, people who use this ...

Suspects in alleged World Cup betting scheme freed from custody

A wealthy Malaysian businessman who was charged in a World Cup betting scheme has been let out of jail after his poker-star friends posted his bail and immigration officials cleared his release. Fifty-year-old Wei Seng Phua and...

Wynn Resorts 2nd-quarter profit rises on Las Vegas strength

An exterior view of the Wynn and Encore Tuesday, November 15, 2011.

Wynn Resorts Ltd.'s second-quarter earnings increased 57 percent, bolstered by strong results in Las Vegas. The casino operator's adjusted profit topped...

Cardsharp’s arrest in Pennsylvania is victory for Nevada gaming board

A person plays a table game at the Sands Casino Resort Bethlehem in Bethlehem, Pa., Friday, July 16, 2010.

For 15 years, Jubreal Chahine has lurked at the illicit edges of the gambling tables, a habitual casino cheat who made his living by an opportunistic sleight-of-hand that landed him top ranking on the Nevada Gaming Control Board’s “most-wanted” list. But this month...

Police facing bigger crowds on streets downtown, on the Strip

Pedestrians stroll with drinks at the Fremont Street Experience Thursday, July 17, 2014.

Downtown’s rebirth is gaining so much steam and the way tourists are enjoying Las Vegas is changing so fundamentally that it’s forcing Metro Police to change the way they ...

Bellagio robber spent stolen cash on prostitutes, hotel room, police say

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

Metro Police said the suspect they arrested in Friday’s robbery at the Bellagio scored up to $45,000 in cash and proceeded to celebrate with a...

Nevada casino revenue hits $11.2 billion for fiscal year

In this 2010 photo, a baccarat game is shown in the high-limit room at Hard Rock Hotel.

Nevada casinos reported revenues of $11.2 billion last fiscal year, up 2.9 percent from the prior year. The increase was due mainly to baccarat. Casinos won $1.6 billion on ...

Nevada gambling revenue jumps 14 percent in June

Nevada officials say casino revenues shot up more than 14 percent in June thanks to a banner month on the Las Vegas Strip. The state Gaming Control Board reported...

MGM Resorts fined $100,000 over gaming complaint at Aria

A view of the Aria during a tour of MGM Mirage's CityCenter project Wednesday, Nov. 18, 2009.

The Nevada Gaming Commission fined MGM Resorts International $100,000 in connection with a complaint that gaming agents were blocked from observing ...

Atlantic City strives to rise even as its casinos fall

A lone bellman waits for customers at the entrance to the Trump Plaza, which is expected to close its doors as soon as Sept. 16, 2014, in Atlantic City, N.J. With gambling operations in other states pulling business from Atlantic City, the remaking of its defining industry is driving a furious effort to reimagine the New Jersey resort.

The booming Fourth of July weekend in Atlantic City belied the wrenching problems plaguing this New Jersey resort. In the winter and even midweek in the summer, Atlantic City — battered by storms, declining property values and, increasingly, crushing competition from gambling operations in neighboring states — is relatively quiet.

Las Vegas man arrested at Pa. casino has gambling-cheat record

A Las Vegas man arrested over the weekend at a Pennsylvania casino has been on Nevada gambling regulators' radar as a casino cheat since 1999. Jubreal Chahine, 40, was spotted Saturday afternoon at ...

Lake Tahoe casino undergoing $60 million in renovations, will reopen as Hard Rock

The Park family acquired the property formerly known as The Horizon in March and announced a partnership with Warner Hospitality. The new owners say the Hard Rock Hotel & Casino Lake Tahoe will …