Top executive for Resorts World Las Vegas departs
Christian Goode with Genting-Resorts World is seen during a hearing at the Nevada Gaming Commission, May 22, 2014. Goode, the top executive for the planned $4 billion Resorts World Las Vegas development, is no longer with the project, sources said…
Busted: Illegal Casinos Operate Out of San Jose Neighborhoods
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Buyer threatens to walk away from Revel purchase deal
Wayne Parry, Associated Press ATLANTIC CITY, N.J. (AP) – The Florida developer in line to buy Atlantic City’s former Revel casino hotel is threatening to walk away from the deal if a court ruling goes against him. Glenn Straub is…
Revel Sale Remains in Limbo as Judge Weighs Creditor Challenge
Michael Bathon, Bloomberg Revel AC Inc.’s $95.4 million sale to developer Glenn Straub remains in flux as a federal judge weighs creditors’ pleas to halt a bankruptcy court’s ruling approving the deal, saying it will strip them of rights. Revel’s…
Icahn Acquisition of Trump Casinos Delayed Two Weeks: Bankruptcy
Bill Rochelle and Sherri Toub, Bloomberg Carl Icahn was delayed about two weeks in his quest to expand his gambling holdings in Atlantic City, New Jersey, by purchasing two casinos owned by bankrupt Trump Entertainment Resorts Inc. A hearing had…
Steve Wynn's 37.5 percent pay cut in base salary was described by Wynn Resorts Ltd. as an adjustment that will include a performance-based equity component as part of his compensation.
Keynote speaker Steve Wynn, CEO of Wynn Resorts, speaks during a seminar at the Global Gaming Expo at Sands Expo and Convention Center in Las Vegas Tuesday, Sept. 30, 2014. On Tuesday, Jan. 20, 2015, Wynn Resorts Ltd. said it…
More Casino Losses Seen on Chinese Corruption Crackdown
Oliver Renick, Bloomberg When it comes to the prospects for casino companies operating in China, options traders are betting against a quick recovery. Contracts to sell shares of Wynn Resorts Ltd. (WYNN) are near the most expensive levels relative to…
Old school: Takeover of Stardust an easy call for Bill Boyd
Bill Boyd, executive chairman of Boyd Gaming, speaks with employees during the grand opening of California Noodle House, at the California Hotel and Casino in Las Vegas on Friday, Jan., 16, 2015. The California Hotel and Casino will celebrate its…
Patriots attract early support in pick-em Super Bowl
Matt Yeomans, Las Vegas Review-Journal A Super Bowl betting line is similar to a presidential election, and after the early votes were counted Sunday night, Tom Brady and the New England Patriots won a majority of the public’s support. Still,…
Vegas Bookies: Patriots-Seahawks pick ‘em for Super Bowl
Tim Dahlberg, Associated Press LAS VEGAS (AP) – The Super Bowl looks like a tossup in this gambling city, where more than $100 million will likely be riding on the game by kickoff. A flurry of early money on the…