J.D. Morris

Story Archive

Caesars CEO gets licensed by Nevada Gaming Commission: Thursday, March 17, 2016; Caesars Entertainment Corp. CEO Mark Frissora was granted a license from state gaming regulators today after responding to concerns about his record at his last job and ...
MGM Resorts gets final OK for real estate reorganization: Thursday, March 17, 2016; MGM Resorts International today won final approval from state regulators for some reorganization moves related to the casino operator’s plan to create a new company that will ...
Making tracks: Light-rail proposal for Maryland Parkway is moving forward: Thursday, March 17, 2016; Regardless of what happens with light rail on the Las Vegas Strip, plans that could produce a similar system on Maryland Parkway are moving full speed ahead. Officials seem inclined to support the light rail option, and they're not waiting to see whether ...
MGM Resorts reorganization moves get initial OK from gaming regulators: Wednesday, March 16, 2016; Nevada gaming regulators today gave MGM Resorts International initial approval for some reorganization moves associated with its plan to create a new company that will ...
Tropicana, M Resort operator reports $686K in profit in 2015: Tuesday, March 15, 2016; After completing a major accounting change, Penn National Gaming Inc. today shed more light on its 2015 financials. The company, which …
Bus or light rail? RTC seeks input on Maryland Parkway transit improvements: Monday, March 14, 2016; The Regional Transportation Commission will hold three public meetings this week about whether bus rapid transit or urban light rail is best suited for Maryland Parkway. At the meetings, the commission wants feedback about ...
March Madness betting — mostly illegal — expected to hit $9.2 billion: Monday, March 14, 2016; Americans are expected to bet $9.2 billion on March Madness this year, according to an estimate released today by a Washington, D.C.-based lobbying and trade group for the casino industry. The projection ...
The future of tourism: Our fortress of cards: Las Vegas can protect itself from future recessions by building an economy that's unbreakable; Monday, March 14, 2016; What would happen to Las Vegas if the global economy dipped into another recession this year or next year? Some experts say that’s a likely scenario, due in part to tough financial conditions in Europe and China. Jeremy Aguero, an economist ...
Las Vegas looks to Denver for transit example but faces unique challenges: Friday, March 11, 2016; When it comes to transportation development, Las Vegas and Denver have traveled down two very different tracks in recent decades. Southern Nevada can probably learn ...
Golden Entertainment grows revenue in fourth quarter 2015 and full year: Wednesday, March 9, 2016; The Las Vegas-based gaming company whose business includes multiple Nevada casinos and the PT’s tavern chain, as well as a huge route of slot machines inside ...
Trump International faces April hearing over labor complaint: Wednesday, March 9, 2016; Donald Trump’s Las Vegas hotel is the subject of a recent federal complaint alleging that the hotel broke the law by promising job opportunities to workers who ditched their support of ...
Light rail in Vegas? Denver shows possible model for Southern Nevada to follow: Wednesday, March 9, 2016; If Southern Nevada is going to emulate Colorado’s largest metro area by developing an ambitious light rail system, its elected officials and business community members will ...
Las Vegas group kicks off Denver transit trip with look at airport commuter rail: Monday, March 7, 2016; Southern Nevada leaders from the public and private sector got an in-person look Monday at how rail transit can connect with a major airport ...
Rebirth of the Cosmopolitan: New ownership has refined some aspects of the resort, and the results are showing; Monday, March 7, 2016; CEO Bill McBeath spearheaded the development of a business plan that included about $200 million in investments in areas such as the casino and the resort’s food and beverage offerings. The goal was to bring those areas more in line with the “cool, hip Cosmo brand” ...
Turmoil in daily fantasy sports spreads beyond DraftKings, FanDuel: Industry insiders, experts differ in opinions on how to regulate industry; Friday, March 4, 2016; The ongoing debate about whether and how the daily fantasy sports industry should embrace regulation doesn’t center entirely on major operators FanDuel and DraftKings. Turmoil related to smaller sites has added fuel to the fire, too, as ...
Caesars CEO granted initial approval for gaming license: Wednesday, March 2, 2016; Caesars Entertainment Corp. CEO Mark Frissora received initial approval for a gaming license from state regulators today after he sought to put to rest any concerns about his contentious exit from his last job. The Gaming Control Board unanimously recommended a license for Frissora, who was named the next chief executive of Caesars about a year ago and officially took ...
January gaming revenue falls 7.7 percent on the Strip, 2.8 percent statewide: Friday, Feb. 26, 2016; A big decrease on the Strip drove statewide gaming revenue down nearly 3 percent in January, but the rest of Southern Nevada generally had a better month, the state reported today. The Gaming Control Board said ...
Scientific Games fourth-quarter revenue grows, but so does loss: Thursday, Feb. 25, 2016; The company said its fourth quarter revenue was also up 10 percent compared to the third quarter of 2015, driven by strong gaming unit shipments and ...
Tourism committee continues examining Las Vegas Convention Center expansion: Thursday, Feb. 25, 2016; Plans for a $1.4 billion expansion and renovation of the Las Vegas Convention Center were vetted today by an influential committee tasked with sorting through many ambitious tourism projects. The Southern Nevada Tourism Infrastructure Committee heard ...
Caesars reports revenue increase for fourth quarter, all of 2015: Tuesday, Feb. 23, 2016; Caesars Entertainment, the casino giant that operates many big resorts on the Strip and elsewhere, reported its fourth quarter and full-year earnings Tuesday ...
Protesters demonstrate at Trump International on GOP caucus night: Tuesday, Feb. 23, 2016; Donald Trump walked out the front entrance of his Las Vegas hotel Tuesday evening and waved to onlookers as he stepped inside a black SUV, paying no attention to the union protesters marching along the street nearby. Trump was clearly more concerned with ...
Culinary Union seeks to link Trump, organizing campaign: Monday, Feb. 22, 2016; As Donald Trump and thousands of his supporters convened at the South Point Monday night, the Culinary Union gathered a group of about a dozen local hotel workers behind a table in a suite on the 21st floor ...
On the Las Vegas Strip, retail remains on the rise: Friday, Feb. 19, 2016; The wave of retail development that has swept the Strip in recent years is showing no signs of stopping. Wynn Las Vegas proved as much this week when it officially announced plans for ...
Station grows net revenue, profit in fourth quarter: Thursday, Feb. 18, 2016; The biggest item on Station’s agenda right now, its planned initial public offering, was the one thing that Chief Financial Officer Marc Falcone said he could not discuss on the company’s earnings conference call ...
MGM fourth quarter loss driven by impairment charge, weakness in Macau: Thursday, Feb. 18, 2016; MGM Resorts International on Thursday reported a loss of $781.5 million in its fourth quarter ...
Wynn Plaza shopping center to open in fall 2017: Wednesday, Feb. 17, 2016; Wynn Las Vegas today revealed more details about its planned shopping center development, which the resort says will debut next year. Referred to as Wynn Plaza, the shopping center ...
Leaders applaud nearly $3M in homeland security money for Las Vegas: Tuesday, Feb. 16, 2016; Las Vegas will receive $2.9 million from the Department of Homeland Security to help the area defend itself against terrorist attacks ...
Boyd Gaming reports year-over-year increase in 4Q revenue: Tuesday, Feb. 16, 2016; Boyd Gaming, the casino company whose Las Vegas area properties include the Orleans, the California and Sam’s Town, reported its fourth quarter and …
Ascuaga resigns from Nevada Gaming Commission: Friday, Feb. 12, 2016; Michonne Ascuaga has resigned from the Nevada Gaming Commission in the wake of recent revelations that the casino she ran for 16 years was the subject of a federal investigation. Gov. Brian Sandoval’s office announced today that he accepted Ascuaga’s resignation, which followed ...
Will video game arena come to Las Vegas Strip?: Friday, Feb. 12, 2016; The Las Vegas Strip may eventually be home to an arena for competitive video games if one Chinese company gets its way. Beijing-based Ourgame International Holdings Ltd., the parent company of the World Poker Tour, wants to build multiple arenas for competitive video games, or e-sports, around the globe — and ...
Wynn Resorts revenue down 16 percent in 4th quarter, 25 percent for full year: Thursday, Feb. 11, 2016; Wynn Resorts, the company that runs the Wynn and Encore on the Strip as well as property in Macau, reported its fourth quarter and full year earnings today ...
New president named at Fremont Street Experience: Thursday, Feb. 11, 2016; Patrick Hughes, the general manager of the Cannery hotel-casino in North Las Vegas, is the new president and CEO of the Fremont Street Experience, the organization’s board announced today. Hughes ...
MGM Resorts’ outsourcing of 300 part-time jobs on Strip starts Friday: Wednesday, Feb. 10, 2016; MGM Resorts International is outsourcing some 300 part-time jobs at its three arenas and event centers on the Strip starting Friday. The casino company is bringing in four companies to oversee certain “on-call positions” at the …
Wynn Las Vegas to open new poker room in May: Monday, Feb. 8, 2016; Wynn Las Vegas is moving its poker room to a larger location that will debut at the end of May. The resort announced today that its new 8,600-square-foot poker room will be next to ...
MGM Resorts announces board members for real estate investment trust: Monday, Feb. 8, 2016; MGM Resorts International today revealed the names of seven people who will sit on the board of its planned real estate investment trust. The board of the trust, commonly known as a REIT, will be ...
Tropicana owner reports 12.7 percent net revenue growth in 4th quarter: Thursday, Feb. 4, 2016; Penn National Gaming, the company that runs the Tropicana and M Resort in Henderson, reported its fourth-quarter and full-year earnings today. At the Tropicana ...
125-room hotel coming near Las Vegas Motor Speedway: Wednesday, Feb. 3, 2016; A Las Vegas company announced plans today to develop a 125-room hotel by the Las Vegas Motor Speedway. CAI Investments said it has signed a deal for ...
County approves new Wynn shopping center, convention building and pool at SLS: Wednesday, Feb. 3, 2016; A new shopping center a and convention building with a rooftop pool and bar are headed to two Strip resorts under separate plans approved today by Clark County ...
Downtown Grand CEO is gone after 8 months: Wednesday, Feb. 3, 2016; Downtown Grand CEO Jim Simms is leaving after less than a year on the job, the resort announced today. Simms was named to the position in June, replacing Seth Schorr, who became ...
Why Phil Ruffin thinks Trump would be ‘brilliant’ president: T.I. owner also supports bringing NFL team to Las Vegas; Wednesday, Feb. 3, 2016; Treasure Island owner Phil Ruffin says he and his friend Donald Trump don't agree on everything. But that hasn't stopped Ruffin from being a strong supporter of Trump’s campaign. "I think he's brilliant," Ruffin said. "Usually, you don't get that quality of person running ...
MGM Resorts outsourcing its parking operations and valet services: Tuesday, Feb. 2, 2016; Valets at many Strip properties owned by MGM Resorts International will soon start working for a new employer as the casino company outsources its parking operations to a third-party contractor. MGM Resorts announced today ...
Golden Entertainment heads into Montana with completion of $20M transaction: Monday, Feb. 1, 2016; Golden Entertainment Inc. has wrapped up its $20 million acquisition of about 1,000 gambling devices in Montana, the Las Vegas-based company said today. The transaction brings yet another market into play for ...
Preview 2016: Murren, Faraday exec and others talk about Las Vegas and its future: Saturday, Jan. 30, 2016; Paid parking on the Strip was not on the agenda at Preview Las Vegas today, but it was hard not to think about when the head of MGM Resorts International took the stage at Cox Pavilion ...
MGM chief: Don’t divert room taxes from convention center to UNLV stadium: Friday, Jan. 29, 2016; MGM Resorts International CEO Jim Murren said today he’s not opposed to a stadium plan backed by one of his competitors, as long as it doesn’t use hotel room tax revenue that would otherwise support an expansion of ...
Tourism committee begins examining light rail, other transit plans: Thursday, Jan. 28, 2016; Light rail, an expanded monorail and new pedestrian bridges on the Strip were among the key transportation proposals examined today — at some points critically — by an influential group of tourism leaders. The Southern Nevada Tourism Infrastructure Committee met to hear in detail about a range of transportation proposals, including many covered by a sweeping plan recently released by the Regional Transportation Commission. Called ...
Las Vegas Sands revenue takes hit from Macau for 4th quarter, full year: Wednesday, Jan. 27, 2016; Las Vegas Sands, the casino company that runs the Venetian and Palazzo on the Strip in addition to properties in Macau and elsewhere, reported its fourth-quarter and ...
Gaming association: Super Bowl will elicit $4.2 billion in mostly illegal bets: Wednesday, Jan. 27, 2016; Americans are poised to wager $4.2 billion on the upcoming Super Bowl 50, with the vast majority of those bets expected to be placed illegally. The American Gaming Association said its sports betting projection for the Feb. 7 championship football game between the Denver Broncos and the Carolina Panthers represents ...
Even without endorsing, Culinary Union seeks to be major player in politics and beyond: Wednesday, Jan. 27, 2016; After playing a big role when Democratic candidates last battled each other for their party's presidential nomination, the Culinary Union is staying above the fray this time around. While it made ...
MGM’s Park to open April 4, just before T-Mobile Arena: Tuesday, Jan. 26, 2016; MGM Resorts International said today that its forthcoming dining and entertainment district on the Strip will open April 4. Called the Park, the district between New York-New York and Monte Carlo is set to debut two days before MGM Resorts’ T-Mobile Arena opens in the same area. The company envisions the Park as ...
Cosmopolitan CEO gets final approval for gaming license: Thursday, Jan. 21, 2016; The Cosmopolitan’s top executive was granted final approval for a gaming license by Nevada regulators today ...