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August 29, 2015

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Gaming

In this June 26, 2013, photo, the Borgata Hotel Casino & Spa is seen in Atlantic City, N.J., with the nearby Water Club reflected in its gold glass facade.
Man admits bringing counterfeit chips to poker tournament
Aug. 13, 2015
A man admitted Thursday that he brought millions of dollars in counterfeit poker chips to use in a casino's poker tournament, a scheme that was uncovered when he ...
Fresh off merger with Gtech, IGT reports higher revenue, loss in second quarter
Aug. 11, 2015
This was the first time the combined version of IGT and Gtech has reported its earnings as one company ...
The Red Rock Casino Resort is shown in the western Las Vegas Valley.
Station Casinos’ revenue up 5 percent from second quarter of last year
Aug. 11, 2015
Station’s Las Vegas operations did well in the second quarter, leading one of the company’s top executives to again point to healthy trends in ...
Traffic passes in front of the Riviera Casino in Las Vegas Sunday, May 3, 2015. The casino closed at noon on May 4. The 60-year-old Riviera, which was the Las Vegas Strips first high-rise property, will be demolished to make way for a $2.3 billion convention center business district facility.
Tourism board approves $42 million Riviera demolition plan
Aug. 11, 2015
The Riviera will be destroyed under a $42 million plan approved by Las Vegas tourism officials. It’s still unclear ...
Las Vegas casino magnate Steve Wynn and Boston Mayor Martin J. Walsh are at odds over Wynn's plans to open a casino in the Boston suburb of Everett, Mass.
Steve Wynn has blunt message for Boston mayor
Aug. 11, 2015
The endless litigation and haggling over traffic mitigation might discourage a lesser mogul. Not Steve Wynn. "The chances of us leaving ...
A rendering commissioned by the Association of Gaming Equipment Manufacturers shows what a casino could look like with the addition of games allowed under Senate Bill 9.
Gaming board continues work on rules for skill-based slots
Aug. 6, 2015
Nevada officials are continuing to craft regulations that could bring big technological changes to state slot machines, but it will be a while before any of the new games ...
The exterior of the Tropicana on the Las Vegas Strip.
Penn National’s Tropicana purchase gets first regulatory approval in Nevada
Aug. 5, 2015
Penn National Gaming’s purchase of the Tropicana cleared its first major regulatory hurdle today. The Gaming Control Board said the casino company can buy the classic Strip resort for $360 million, a plan that ...
Dealer Karine Martirosyan waits for players at her roulette table during the official opening Thursday, Oct. 30, 2014, of the Linq Hotel. The property, formerly Imperial Palace and the Quad, is in the process of a $223 million renovation.
Caesars boosts revenue, turns around loss in second quarter
Aug. 4, 2015
Caesars said its revenue increased because of recent renovations to the Linq hotel, growth in the company’s interactive division, “strong hospitality performance” and ...
A rendering shows the $800 million MGM Springfield in Massachusetts.
MGM Resorts files lawsuit against Connecticut officials
Aug. 4, 2015
Casino developer MGM Resorts International filed a lawsuit Tuesday against several top state officials, including Democratic Gov. Dannel P. Malloy, saying a law he signed that could lead to a third tribal casino in the state is unconstitutional because ...
The Mirage on the Las Vegas Strip.
MGM Resorts revenue drops 7.6 percent in 2nd quarter; CEO says Mirage not for sale
Aug. 4, 2015
MGM Resorts International, the casino giant whose Strip properties include Bellagio, MGM Grand and Aria, reported its second-quarter earnings today. Macau continued to be problematic for MGM, as it has been for other casino companies that operate there. Revenue from the MGM China subsidiary dropped 33 percent from ...
This is a rendering of a casino gaming lounge of the future by Gamblit Gaming, a technology provider based in Glendale, Calif.
MGM Resorts CEO: Slots of future will be more social, interactive
Aug. 4, 2015
Time and technology are catching up with traditional slot machines, which don't hold the same appeal for younger players as they do for their parents. Slots simply can't offer …
Scientific Games, recently merged with Bally, grows revenue and loss in second quarter
Aug. 3, 2015
The Bally merger produced about $150 million in annual cost savings through the end of the quarter, the bulk of which came from eliminating duplicate positions and trimming overhead costs, according to a company statement. Chief Financial Officer Scott Schweinfurth said ...
The PT's at 9050 W. Post Road in Las Vegas.
Merger complete, Golden Gaming becomes publicly traded Golden Entertainment
Aug. 3, 2015
Golden Gaming, a major operator of Nevada taverns, casinos and grocery store slot machines, has completed its transition from a family owned business to a publicly traded company that also runs a casino in Maryland. The company announced today ...
MGM Resorts hires former Nevada congressman to brand casino
July 31, 2015
Former Nevada Congressman Steven Horsford is helping MGM Resorts International make sure the casino company keeps its word to Prince George's County officials and ...
Bankruptcy court denies Caesars Entertainment’s quick appeal
July 30, 2015
A bankruptcy court that ruled lawsuits against Caesars Entertainment Corp. would not be halted as the company's debt-heavy subsidiary attempts to emerge from Chapter 11 has also denied the casino company's effort to fast-track an appeal of ...
Lights are shown on the Riviera facade Sunday, May 3, 2015, before the casino closed.
Tourism authority committee votes for $42 million Riviera demolition plan
July 28, 2015
The shuttered Riviera inched closer to destruction today when a subgroup of the Las Vegas tourism authority voted in favor of plans to demolish it for $42 million. A Las Vegas Convention and Visitors Authority committee considered ...
 In this Sept. 18, 2013, file photo, patrons play craps at a table at Mohegan Sun in Uncasville, Conn. In the competition to attract and keep the biggest spenders, casinos are known to pull out the stops with comped hotel rooms, meals and rebates for a percentage of their losses. During a May 2015 hearing, dealers said they often had to endure abuse from high roller betters while extending courtesies average players do not receive.
High rollers: Dealers describe special treatment, abuse
July 28, 2015
One high roller requests a refrigerator full of bananas that he squeezes and throws as he gambles. Another urinates against a wall. Other high-stakes players described by a pit manager throw chairs ...
In this 2010 photo, a baccarat game is shown in the high-limit room at Hard Rock Hotel.
Nevada gaming revenue down more than 8 percent in June
July 28, 2015
Dragged down by a particularly unfavorable month on the Strip, the Nevada casino industry suffered a steep decline in statewide gaming revenue in June. The Gaming ...

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Boyd Gaming coverage

Revenue up 3.5 percent for Boyd Gaming in 2nd quarter
Boyd Gaming, the casino company whose Las Vegas area properties include the Orleans, the California and Sam’s Town, reported its second-quarter earnings on Thursday. Revenue ...
Boyd Gaming pledges $2.5 million for UNLV hotel college building
Las Vegas-based Boyd Gaming announced today that it will spend $2.5 million to expand the hotel college at UNLV. The money will pay for ...
Boyd CEO sees positive signs for Las Vegas in 1st quarter
Boyd Gaming, the Las Vegas-based casino company whose local properties include the Orleans, Suncoast and the California, reported its first-quarter earnings today. Its downtown Las ...

Harrah's Entertainment coverage

Rob Lyons of ‘Million Dollar Quartet’: My independent album nine years in the making
In 2008, I got a call asking if I would like to return to my role as Carl Perkins in the musical “Million Dollar Quartet” ...
Monday By the Numbers: ‘Million Dollar Quartet’ reaches a grand mark at Harrah’s
The Kats Report this week focuses on “Million Dollar Quartet,” the musical at Harrah’s that is celebrating its 1,000th performance Tuesday night. We met the ...
Penn & Teller debut on Broadway as Ben Hale makes million-dollar decision, Matt Goss explores not-so-new horizons
The Kats Report Bureau at this writing is Crossroads lounge at the Marriott Marquis hotel. The resort is home to Marquis Theater, where tonight Penn ...

Las Vegas Sands coverage

Estimates are in for NV Energy exit fees for MGM, Sands, Wynn
Three casino companies looking to purchase and create power without NV Energy will have to pay millions to do so, according to filings with the ...
Las Vegas Sands’ earnings drop 30 percent as Macau problems reverberate
CEO Sheldon Adelson admitted in a statement that the high-end gaming market in Macau was particularly challenging, but he said his company is focused on ...
Judge keeps exhibit sealed in Las Vegas Sands case
A Nevada judge on Thursday denied an attempt to unseal a private investigator's report in a wrongful termination case against casino company Las Vegas Sands ...

MGM Mirage coverage

Celebrity preview: Ariana Grande, Celine, Tyson Beckford, Miguel, Melody Sweets, AFAN, Queensryche
The incredible Las Vegas entertainment scene continues this weekend on the heels of one of the greatest emotional showbiz successes of all times Thursday night ...
Max Tappeiner of Las Vegas Business Academy: Molding L.V.’s best, brightest future leaders
Joining Las Vegas Business Academy and becoming president of the board has allowed me to work alongside some of Las Vegas’ brightest business leaders in ...
Photos: Wet Republic’s Hot 100 crowns bikini-clad winner for 2015 season
With DJ Irie once again spinning hits and guest judges including DJ Pauly D and Rio headliners Chippendales, this year’s finale was hotter than ever ...

Stations Casinos coverage

Station Casinos’ revenue up 5 percent from second quarter of last year
Station’s Las Vegas operations did well in the second quarter, leading one of the company’s top executives to again point to healthy trends in ...
Culinary Union targets bank’s ownership stake in Station Casinos
The Culinary Union’s latest attempt to exert pressure on Station Casinos seeks to bring a complex international finance scandal before ...
Another duel for Dotty: Slot parlor chain facing scrutiny in city of Las Vegas
Less than six months after Clark County commissioners passed sweeping new rules targeting so-called slot parlors, popular tavern chain Dotty's is under scrutiny again over ...

Wynn Resorts coverage

Ben Vaughn: My Top Five favorite brunch spots in Las Vegas
From braised meats, champagne, cheeses from all over the globe and seafood towers tall enough to pave a path to the top of the Stratosphere, ...
Steve Wynn: From ultimate Vegas insider to outsider in Boston
Casino mogul Steve Wynn, who many credit with transforming Las Vegas, has faced pushback in Massachusetts, where he plans to build a new resort. Boston ...
Attorney general wants Massachusetts to deny permit to Wynn casino
Citing traffic concerns, Massachusetts Attorney General Maura Healey is calling on state environmental officials to deny Wynn Resorts a key permit for its $1.7 billion ...

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