Month: May 2014

Latest Casino News

WYNN RESORTS PROFIT UP 12% ON MACAU MASS MARKET AND “HIJACKED” POKER TABLES

Casino operator Wynn Resorts saw profit rise nearly 12% in Q1 on the strength of its two Macau casino properties. Revenue was up 13% to $1.5b while earnings rose 9.7% to $494.6m and profits hit $226.9m. In keeping with tradition,…

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Navy admiral in charge of nuclear forces fired after he was caught using fake chips at casino .

AP: The Navy admiral fired last fall as the No. 2 commander of U.S. nuclear forces was given a letter of reprimand Monday and ordered to forfeit $4,000 in pay but will be allowed to remain on duty as a…

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A Caesars’ Debt Revamp to Cost Creditors, Moody’s Says

Caesars Entertainment Corp. (CZR), controlled by Apollo Global Management LLC and TPG Capital, will have to restructure its debt and may leave some unsecured debt holders with nothing, Moody’s Investors Service said. The Las Vegas-based company has been transferring some…

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AC: Caesars Entertainment rewards program targets local residents

By JENNIFER BOGDAN Staff Writer Hoping to draw the local residents who frequented the recently shuttered Atlantic Club Casino Hotel, Caesars Entertainment is rolling out a Local Perks platform for its Total Rewards loyalty program. Caesars Entertainment, which owns Caesars…

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Billionaire Adelson talks at UNLV about success

Michelle Rindels, Las Vegas Review-Journal · May 5, 2014 at 8:19 pm LAS VEGAS (AP) – Casino mogul Sheldon Adelson urged students to challenge the status quo, made a moral case against online gambling and extolled Republican virtues during a…

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Affinity Gaming reports second data breach

Howard Stutz, Las Vegas Review-Journal · May 5, 2014 at 12:38 pm Casino operator Affinity Gaming reported a second breach into its system that processes customer credit and debit cards, but the Las Vegas-based company said it currently has “no…

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Expert finds half of Las Vegas Wi-Fi networks unsecure

David Ferrara, Las Vegas Review-Journal · May 5, 2014 at 7:03 pm People tend to shed their inhibitions in Sin City even when Internet privacy is concerned. Nearly half the Wi-Fi users on the Strip this weekend logged on with…

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Bitcoin boom spreads to Las Vegas brick-and-mortar businesses

Bookmark and Share Should an economic collapse ever ruin the U.S. dollar, you could still shop for your cataclysmic needs at the Zombie Apocalypse Store. Behind the door protected by wrought-iron bars and near a couple of machetes, black and…

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Atlantic City mayor says city needs permanent outdoor stage to lure big acts

By JENNIFER BOGDAN, Staff Writer Area tourism officials have gathered at the Richard Stockton College’s Carnegie Center this morning to discuss the outlook for the upcoming summer season at the South Jersey shore. Delivering the keynote address, Atlantic City Mayor…

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Affleck’s checkered gambling past

Batman’s been robbin’ the house. Forthcoming “Batman” star Ben Affleck — who was banned for life from playing blackjack at the Hard Rock Casino in Vegas — has been cleaning up at the game for years. The Hollywood high-roller, booted…