Latest Casino News

Latest Casino News

To live like Steve Wynn will cost you $43,750 a month

By CHRIS SIEROTY LAS VEGAS REVIEW-JOURNAL For most people – especially those who live in Las Vegas – the average monthly rent is $1,000. But Steve Wynn isn’t your average renter and a typical two-bedroom, two-bath apartment on West Flamingo…

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Loveman: No bankruptcy seen for Caesars Entertainment Corp.

By HOWARD STUTZ LAS VEGAS REVIEW-JOURNAL For Gary Loveman, bankruptcy is not an option. Loveman, chairman of Caesars Entertainment Corp., admits the casino operator has “a very complicated capital structure” in carrying the gaming industry’s largest long-term debt figure. However,…

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Slot machines: lowest number in a decade.

Hells Belles Party Pit inside of the Hard Rock Hotel and Casino in Las Vegas By Ed Komenda Las Vegas Sun When it comes to gaming in Nevada, casino revenue reports tell the same story over and over again: Visitors…

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Only in Las Vegas:a $70,000 phone an $8.2 million diamond

The pool inside the Two Story Sky Villa at the Palms. At $40,000 a night, the 9,000-square-foot villa is one of the priciest in Vegas. This is just the start: http://www.vegasinc.com/news/2013/nov/13/only-las-vegas-96000-ostrich-70000-phone-and-82-mi/ Replies: Posted by: TommyC on November 15, 2013, 9:49…

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NYC art world scion pleads guilty illegal sports betting bus

Hillel Nahmad exits Manhattan federal court Friday, April 19, 2013, in New York. (photo credit: AP Photo/ Louis Lanzano) NEW YORK — A wealthy New York City art world impresario pleaded guilty on Tuesday to running an illegal sports betting…

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Atlantic City's October casino revenues up by 3.6 percent

Atlantic City’s casino industry revenues were up 3.6 percent in October over the same month in 2012 — just the third time since the economic collapse in Sept. 2008 that the industry’s combined revenues exceeded the revenues of the same…

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Partner in Lawrence Ho’s Russian investment arrested

Oleg Drozdov facing allegations of US$11 mln ‘malpractice’ in unrelated solid waste scheme Summit Ascent Holdings Ltd – a company said in filings to be controlled by Macau casino developer Lawrence Ho Yau Lung – has confirmed to the Hong…

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Stratosphere parent company reports $9.4 million loss

By Richard N. Velotta Las Vegas Sun http://www.vegasinc.com/news/2013/nov/12/stratosphere-parent-company-reports-94-million-los/?__utma=1.2017749817.1384192529.1384275382.1384275382.1&__utmb=1.1.10.1384275382&__utmc=1&__utmx=-&__utmz=1.1384275382.1.1.utmcsr=%28direct%29|utmccn=%28direct%29|utmcmd=%28none%29&__utmv=-&__utmk=236358401 Las Vegas-based American Casino & Entertainment Properties LLC, operators of the Stratosphere and two Arizona Charlies properties in Las Vegas and the Aquarius in Laughlin, reported its third-quarter earnings today. The company…

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Sports Betting World Says Star Of CNBC Total Fraud

http://www.businessinsider.com/cnbc-betting-show-star-fraud-2013-7 Replies: No replies were posted for this topic.

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Goodbye Cheap Buffet's (full version)

Wicked spoon at Cosmopolitan hotel, $24 Lunch, $41 Dinner Bacchanal Buffet at Caesars Palace. $26 for breakfast and $50 for weekend dinner. By Ed Komenda Las Vegas Sun http://www.vegasinc.com/news/2013/nov/08/goodbye-cheap-strip-buffet-todays-diners-more-conc/ In Las Vegas’ older days, a "good" buffet meant a cheap…