#Fertitta

The company controlled by Golden Nugget casino owner Tilman Fertitta is acquiring Hard Rock Lake Tahoe from Las Vegas-based Paragon Gaming for an undisclosed price. According to a statement released Friday, privately held Fertitta Entertainment, which is based in Houston, will transform the hotel-casino into a Golden Nugget-branded casino. The…

Developers Brett Torino and Paul Kanavos have teamed up to build retail projects in the heart of the Strip, bringing shopping and dining outposts to a section jammed with tourists. Now they're looking to expand to the northern edge of Las Vegas' famed casino corridor - a quieter area that's been seeing more action. The Las Vegas Convention and…

A top executive for casino operator Tilman Fertitta said Wednesday no decision has been made on the future development of six acres on the Strip that the Texas billionaire acquired last year in anticipation of developing a hotel-casino. "It's very expensive to build right in an inflationary environment," Steven Scheinthal, a vice president with…

The optimism started with a strong finish to 2022 that had Nevada breaking its 2021 gaming revenue record by the time November ended. By the end of December, Nevada had recorded 22 consecutive months in which gaming revenue exceeded $1bn. The 2022 figure of $14.8bn was 10.5% higher than in 2021. But what topped it off was how the Strip, in one of…

Selling a casino to a landlord for a mountain of cash sounds pretty tempting. There are also some big strings attached - and not every hotel boss in Las Vegas is interested right now. Executives with Station Casinos, Boyd Gaming Corp. and Fontainebleau Las Vegas recently touted the benefits of owning their properties or stated they aren't looking…

The newly opened Wildfire Fremont Casino near downtown Las Vegas isn't going to tip the scales on Red Rock Resorts' balance sheet. The company's big new revenue producer lands later this year when the $750 million Durango Station opens for business. Still, CEO Frank Fertitta III said the 21000-square-foot Wildfire, the seventh of the company's…

Red Rock Resorts, parent company of Station Casinos, said Tuesday the under-construction Durango casino, located in the southwest area of the Las Vegas Valley, is expected to be fully enclosed in April, ahead of its late 2023 opening. Chief Financial Officer Stephen Cootey, speaking during a quarterly earnings call, said the $750 million casino is…

Red Rock Resorts on Tuesday reported a steady locals casino environment, as it moves forward with developing its long-term growth strategy in the Las Vegas Valley. The parent company of Station Casinos reported its best fourth quarter in history for same-store net revenue and second-best fourth quarter in adjusted cash flow and adjusted cash flow…

Covid, M-Pox, RSV, and other illnesses could not keep the Las Vegas Strip Resort Casinos down, but a new development might be a major problem. While the covid pandemic closed the Las Vegas Strip, that closure almost seemed to create an opportunity for major resort casino operators to make changes. MGM Resorts International (MGM) - Get Free…

Caesars Entertainment (CZR) - Get Free Report and MGM Resorts International (MGM) - Get Free Report dominate the south and central Las Vegas Strip but they do face challenges to their leadership. Basically, any casino owner and every major hotel operator look at the riches to be had on Las Vegas's iconic 4.2 mile stretch of road and at least…

Some of the biggest names on the Strip appear to be up for bids, and one billionaire casino owner looks likely to be a potential buyer. The Las Vegas Strip has little sympathy for people with money troubles. That's true if you can't pay your hotel bill, run out of money at the tables, or have your credit card declined at dinner. Las Vegas casino…

The Las Vegas Strip has little sympathy for people with money troubles. That's true if you can't pay your hotel bill, run out of money at the tables, or have your credit card declined at dinner. Las Vegas casino owners including Caesars Entertainment (CZR) - Get Free Report and MGM Resorts International (MGM) - Get Free Report may no longer take…

Station Casinos outlined big plans a little over a year ago: It wanted to double its footprint in Southern Nevada. And in the past few weeks, as it pushes ahead with that goal, the company has had a flurry of real estate activity. Henderson City Council members voted Tuesday to approve the city's purchase of the 35-acre former Fiesta Henderson…

After completing more than $20 billion in deals recently, casino landlord Vici Properties now owns several hundred acres along the Strip, "the most economically productive street in the world," the firm said Thursday. Vici, whose real estate holdings on Las Vegas Boulevard include megaresorts MGM Grand, Caesars Palace and The Venetian, this…

Most Las Vegas Strip deals are splashy with the land purchase sort of kicking off the publicity cycle for whatever massive casino, resort, or attraction might someday get built on the property. That's essentially what Houston Rockets owner Tillman Fertitta has done. The billionaire, who also owns the Golden Nugget on Fremont Street, purchased land…

Las Vegas' wheeler-dealer real estate market didn't disappoint in 2022. Here are the top 10 deals of the year, ranked by yours truly. Some blockbusters that closed in 2022, including the $5.65 billion sale of The Cosmopolitan of Las Vegas, are not listed because they were announced in 2021 and were in that year's top 10. 1. Tilman Fertitta Houston…

Strip Leaders MGM and Caesars will face one outspoken billionaire and another more quiet one who both have plans to make a huge mark on Las Vegas' iconic road. Caesars Entertainment (CZR) - Get Free Report and MGM Resorts International (MGM) - Get Free Report dominate the south and central Las Vegas Strip but they do face challenges to their…

Clark County commissioners gave billionaire Tilman Fertitta the green light on Wednesday to develop a towering hotel-casino on the Strip. The commission approved Fertitta's plans for a 43-story, 2420-room project in the tourist-choked casino corridor. The upscale resort, at the southeast corner of Las Vegas Boulevard and Harmon Avenue, would…

Dallas Mavericks owner Mark Cuban wants to build a new arena in the middle of a casino resort if gambling options expand in the state. would partner with casino company Las Vegas Sands He outlined the ambitious project to Dallas News in an interview this week. As part of his plans for the NBA team, Cuban said he would partner with casino company…

In a city long known for bigger-than-life figures such as mobster Bugsy Siegel, reclusive tycoon Howard Hughes and casino mogul Steve Wynn, Tilman Fertitta is the newest big player on the Las Vegas Strip. The billionaire Texas businessman and owner of Fertitta Entertainment, which owns more than 600 restaurants, hotels, casinos and other…

The Las Vegas Strip continues to evolve and modernize into the future as long-time, classic hotels, casinos and retail properties face the wrecking ball to make way for new projects. No fewer than a dozen classic Las Vegas hotel casinos have been imploded since the early 1990s to make way for new, modern hotel casinos, some that still stand today.…

In Las Vegas, it often seems like bigger is better. Caesars Entertainment (CZR) - Get Free Report, MGM Resorts International (MGM) - Get Free Report, and Wynn Resorts (WYNN) - Get Free Report certainly seem to subscribe to that logic. The three biggest players on the Las Vegas strip seem to go for spectacle and grandeur in building properties that…

Industry Veteran Outlines Major Business Challenges for Cripple Creek Trevor Phipps Earlier this year, the Cripple Creek casino world got hit with another financial jolt with the announcement that the town's newest gaming establishment, and the sole gaming hub located outside the historic district, would be changing hands, selling to a big name…

LAS VEGAS, Nev. (FOX5) - A proposal for a hotel and casino on the Las Vegas Strip got the green light from Clark County officials, though there is no timeframe for when construction could start. The Clark County Zoning Commission approved a proposal from Tilman Fertitta and Fertitta Entertainment, which owns and represents Golden Nugget casinos,…

Owning a Las Vegas Strip casino has become a bit like buying a professional sports franchise. There are only so many of them to go around and few ever come up on the open market, Many of the properties on the famed 4.2 mile stretch of road are owned by Caesars Entertainment (CZR) - Get Free Report and MGM Resorts International (MGM) - Get Free…

In the past two years, there has been a flurry of hotel investment activity in the Las Vegas market, with nearly 10 transactions achieving sale prices exceeding $1 billion. Total hotel sales volume for the past two years in Las Vegas is nearly $16.8 billion, representing 17% of the total U.S. hotel sales volume during that time frame. Las Vegas…

Every inch of land on the Las Vegas Strip has become incredibly valuable. Recent sales have placed the value of a single acre at $10 million -- and that's land located on the less popular northern end of the Strip. The Las Vegas Convention and Visitors Authority (LVCVA) Board of Directors recently approved the sale and licensed use of a ten-acre…

Every inch of land on the Las Vegas Strip has become incredibly valuable. Recent sales have placed the value of a single acre at $10 million -- and that's land located on the less popular northern end of the Strip. The Las Vegas Convention and Visitors Authority (LVCVA) Board of Directors recently approved the sale and licensed use of a ten-acre…

New hotel casino projects along the Las Vegas Strip continue to proliferate following the slowdown during the covid pandemic. Locals and visitors have gotten used to seeing cranes and construction equipment in the area, and they can expect to see a lot more in the coming months. In recent years, the 4.2 miles of the Strip had been dominated by…

Workers have begun clearing a site on the resort-lined Las Vegas Strip where Houston's Tilman Fertitta has been OK'd to build a 43-story hotel-casino. A tattoo parlor and decades-old motel are among other buildings being demolished at a 6-acre site on the Strip near Harmon Avenue, according to the Las Vegas Review-Journal. After the site is…

Plans have been announced for the 6-acre south-Strip location (across from Aria) purchased by hotel and restaurant magnate Tilman Fertitta for $270 million earlier this year. Fertitta plans to build a 43-story, 2420-room hotel-casino with multiple restaurants, a showroom, convention space, spa, wedding chapel and an auto showroom. Additional…

Nov 11 (PR): Of course, the majority of people are aware of the "casino whales" and "high rollers," extremely wealthy people who love nothing more than to spend hours gambling millions of dollars. But in casinos, the wealthiest patrons are typically the establishments' owners rather than the players. One or two of these owners are at the pinnacle…

Tilman Fertitta demolished an old motel on the Strip, as the Houston billionaire pushes ahead with plans for a towering upscale resort. Works crews recently tore down a former 1960s-era Travelodge on Las Vegas Boulevard just south of Harmon Avenue, leaving piles of concrete, wood and other debris on the site as of Tuesday. Its boarded-up lobby, in…

Station Casinos' Durango Casino & Resort, its new $750 million project in the southwest Las Vegas Valley, is currently under construction. This week, a new milestone in the process will see the crews top off the 15-story, 318-foot tower, and will mark the addition of the final beam and pour the last floor of the hotel. Work on the project began…

LAS VEGAS, Nev. (FOX5) - A proposal for a hotel and casino on the Las Vegas Strip got the green light from Clark County officials, though there is no timeframe for when construction could start. The Clark County Zoning Commission approved a proposal from Tilman Fertitta and Fertitta Entertainment, which owns and represents Golden Nugget casinos,…

Casino tycoon Tilman Fertitta has acquired 6% of Wynn Resorts. A Securities and Exchange Commission (SEC) filing made public over the weekend revealed that the Golden Nugget casino chain owner bought 6.9 million shares in Wynn Resorts on October 19. There were no details regarding the price Fertitta paid for the stake. Any time an individual…

Las Vegas is known as a place to gamble, party and cut loose. It also has a long history of blowing up buildings to clear space for new ones. And now, a pipeline of big demolitions is set to remake parts of the Strip and other pockets of Southern Nevada. It's too early to say whether the buildings will be torn down Vegas-style - setting off…

It has been a time of major change on the iconic Las Vegas Strip but one highly-anticipated deal appears to not be happening. Fortunes get made and lost in Las Vegas and that's not just something that impacts gamblers. Companies including Caesars Entertainment (CZR) - Get Caesars Entertainment Inc. Report, MGM Resorts International (MGM) - Get MGM…

Texas Governor Abbott is open to expanding gambling in the state if he manages to win re-election. [Image: Shutterstock.com] Texas Governor Greg Abbott appears to have opened the door to an expansion of casino gambling in the state. That is, if he wins his re-election battle on November 8. While Abbott emphasized that he does not want widespread…

Gov. Greg Abbott is opening the door a crack to expanded casino gambling in Texas if he wins re-election. While far from an all-out promise to turn Texas into Las Vegas, the Republican is now saying that while he doesn't want a proliferation of gambling in Texas, he's willing to listen to the gaming industry's proposals. "We don't want slot…

While the Las Vegas Strip has been known for the glitz and glamour of casino operators, including Wynn Resorts (WYNN), Caesars Entertainment (CZR) and MGM Resorts International (MGM), downtown Vegas has a grittier reputation. Even after the 1995 launch of the Fremont Street Experience -- a massive light and sound show that takes over the whole…

In the UnitedStates, casinos are big money. Of course, most people know about the high rollers and casino whales, extremely rich individuals who love nothing more than gambling millions of dollars in a single session. However, therichest people at casinos are usually not the gamblers, but the casino ownersthemselves. Out of allthese owners there…

Ground has been broken on the upcoming Golden Nugget Casino in Danville, Illinois, the sixth Golden Nugget casino in the United States. The ceremony was attended by company officials and local authorities, including Danville Mayor Rickey Williams, Jr, who stood in the center at 204 Eastgate Drive as ground-breakers officially began construction of…

Construction continues on the $750 million Durango Casino & Resort in the southwest Las Vegas valley. A detailed model of Durango, set to open in the fall of 2023, is displayed at the Red Rock Casino Resort, itself undergoing enhancements that include new restaurants, an adults-only pool and a renovated high-limit slots room. But company executives…

This week's gambling video finds J. Todd out on the Las Vegas Strip, as he was in town for the Global Gaming Expo. In addition to coverage of new games and interviews from the show, there is Las Vegas news on the changes at Bally's - Las Vegas, the new Tilman Fertitta resort, and how Las Vegas baseball could be a done deal. Details about the new…

LAS VEGAS, Nev. (FOX5) - Clark County Commissioners on Wednesday approved plans for a new hotel and casino on the Las Vegas Strip. According to the county, the project is from developer Tilman Fertitta. The 43-story, 2400 room hotel and casino is set to be located at Las Vegas Boulevard and Harmon, the county said. According to site plans submitted…

Las Vegas' famed casino corridor is poised to get a big new competitor: billionaire Tilman Fertitta. Clark County commissioners are scheduled Wednesday to consider the Houston mogul's plans for a 43-story, 2420-room hotel-casino on the Strip. Located at the southeast corner of Las Vegas Boulevard and Harmon Avenue, the upscale project calls for…

In the western American state of Nevada and Fertitta Entertainment Incorporated is reportedly planning to double its presence in Las Vegas via the construction of a 43-story casino hotel that will also house a 2500-seat theater and a selection of restaurants. According to a Wednesday report from the Las Vegas Review-Journal newspaper, the firm run…

This may come as a shock (not really), but the Las Vegas Strip could soon see a brand new 43-story resort and casino at the corner of Las Vegas Boulevard and Harmon Avenue. According to an article posted by Eli Segall on ReviewJournal.com, billionaire Tilman Fertitta has filed plans with the Clark County Commission to build an upscale project on…

Billionaire Golden Nugget owner Tilman Fertitta is ready to make a splash on the Las Vegas Strip. In plans filed with Clark County, Fertitta outlined the creation of a 43-story, 2420-room hotel and casino on six acres of land he bought earlier this year. Amenities include a 2500-seat theater, auto showroom, meeting centers, restaurants, a spa, and…

DANVILLE - With October here, the clock is ticking to get the Golden Nugget Danville Casino building closed in by Thanksgiving for construction to continue in the winter months. On or around April 1 is the target opening date. "There is nothing that we see right now that will prevent us from being open in April of 2023," General Manager Juris…

One thing that everyone associates casinos with is money. And while many will head to gaming venues in the hope of winning some cash, it's worth noting that these places are big businesses that make a lot of profit. So, with that in mind, we've checked out just how wealthy some casino owners around the globe are. Lui Che Woo In terms of net worth,…

In the western American state of Nevada and casino operator Red Rock Resorts Incorporated has reportedly announced that its small Wild Wild West Gambling Hall property is to be permanently shuttered from later today. According to a Friday report from The Nevada Independent, this is the fourth such move from the Las Vegas-headquartered firm…

Red Rock Resorts will shut down and demolish the Wild Wild West casino and hotel near the Las Vegas Strip. The announcement comes six weeks after the company confirmed plans to demolish three permanently closed casinos. Red Rocks spokesman Michael Britt said the casino will close on Wednesday 7 September, and all employees shall be offered jobs at…

DENVER - Nevada's major gaming companies avoided Colorado for nearly two decades after casinos were legalized in the historic mining towns of Black Hawk, Central City and Cripple Creek. It wasn't much of a gamble. Initially, bets in the state were limited to $5 and casinos were not open 24/7. The idea behind the 1990 legalization was to boost…

Six weeks after announcing plans to demolish three closed casinos, Red Rock Resorts said Friday it would shut down the small Wild Wild West casino and hotel and raze the property for future development. In an email, Red Rock Resorts spokesman Michael Britt said the casino would close on Wednesday at midnight. Still, it anticipates all the Wild Wild…

Nevada-based Station Casinos unveiled Thursday a scale model of the forthcoming Durango Casino & Resort, which is currently on display at the company's Red Rock Casino in Las Vegas. Durango is being constructed near Durango Drive and the 215 Beltway in the southwest valley, and is expected to be completed in the fall of 2023. Visitors of Las Vegas…

Steve Wynn, the billionaire co-founder and former CEO of Wynn Resorts, officially listed his Las Vegas home in Country Club Hills for $24.5 million. The Wynn Estate is located in Country Club Hills, a prestigious, guard-gated community, just 20 minutes from the Las Vegas Strip, which Wynn himself played a pivotal role in expanding and reviving. The…

Station Casinos only started building its newest Las Vegas resort this year, but it's eyeing a future filled with construction in Southern Nevada. Frank Fertitta III, the casino chain's top boss, reiterated its expansion plans during an earnings call this month. He wants to get the under-construction Durango resort open and then be ready to start…

Sin City has welcomed a lot of new projects, and viable locations on Las Vegas Boulevard don't stay empty very long. The pace along the Las Vegas Strip has picked up. Whereas the North Strip used to be a bit of a wasteland, hosting space-out second-tier casinos, kitschy gift shops, and sad (mostly) restaurants, the area has become a hotbed. Resorts…

A property owner on the Strip has drawn up plans for a new retail complex spanning more than 300000 square feet along Las Vegas' famed casino corridor. New York investment firm Gindi Capital is looking to develop the three-story project on the east side of Las Vegas Boulevard just south of Harmon Avenue. It would replace a cluster of existing…

Casinos are getting bigger, with more slots and tables games, spectacular shows, Michelin quality dining, and five-star hotels. In a chaotic world, where life can sometimes seem a little dark, casinos are man-made paeans to excess, indulgence, and fun. Gambling politics aside, casinos are built for both pleasure and profit. When it is done well,…

The gaming industry is playing both sides in the Nevada governor's race, donating hundreds of thousands of dollars to both incumbent Democratic Gov. Steve Sisolak and his Republican challenger, Joe Lombardo, state campaign finance reports show. Between his campaign and his largest political action committee, Sisolak is taking the most from casinos…

The gaming industry is playing both sides in the Nevada governor's race, donating hundreds of thousands of dollars to both incumbent Democratic Gov. Steve Sisolak and his Republican challenger, Joe Lombardo, state campaign finance reports show. Between his campaign and his largest political action committee, Sisolak is taking the most from casinos…

Station Casinos has loaded up on more land in Las Vegas, completing a big purchase just days after it unveiled plans to demolish three shuttered hotels in Southern Nevada. The locals-focused casino operator acquired roughly 126 acres at the southwest corner of Las Vegas Boulevard and Cactus Avenue for $172.4 million. The sale, by developer Larry…

Three Station Casinos in Southern Nevada that cater to locals are slated for demolition. Red Rock Resorts, the corporate owner of Texas Station, Fiesta Rancho, and Fiesta Henderson, said the trio of properties will close permanently and will be demolished to reposition the land for sale. The three casinos never reopened following Gov. Steve…

Las Vegas millionaires are betting big on Ron DeSantis. The Florida governor's largest political action committee has taken in millions from the city's most influential donors, including a whopping $10 million from Budget Suites owner and aerospace entrepreneur Robert Bigelow. Bigelow's July 7 contribution is the largest ever received by the PAC,…

Red Rock Resorts will permanently close and demolish its three Southern Nevada properties that have been closed for more than two years, the company said Friday, with plans to "reposition the land for sale." In a statement released Friday afternoon, Red Rock President Scott Kreeger said it was a "difficult" decision to permanently close Texas…

For decades downtown Las Vegas, the Fremont Street area, served as a grittier alternative the the glitz and glamour of the mega-resorts on the Las Vegas Strip. With the street closed to traffic and the massive lights and music show known as the Fremont St. Experience, not to mention the live music and DJs that take over after dark, downtown Las…

While the Las Vegas Strip has been known for the glitz and glamour of casino operators, including Wynn Resorts (WYNN) - Get Wynn Resorts Limited Report, Caesars Entertainment (CZR) - Get Caesars Entertainment Inc. Report and MGM Resorts International (MGM) - Get MGM Resorts International Report, downtown Vegas has a grittier reputation. Even after…

Las Vegas loves mystery almost as much as it loves glamour and glitz. The city has a shady past tied to the mafia, and it has always been hard to distinguish legends from reality. Vegas has always offered speakeasy-type experiences, events you have to know about to attend, and other goings-on tied to the city's mystique. Over the past two years,…

The Las Vegas Strip always seems to be evolving with perpetual development. Whether it's an upscale hotel and casino development, new retail or restaurant construction or building a residential condominium complex, projects are planned for up and down The Strip. One of the most anticipated projects since 2005 has been the Fontainebleau Las Vegas…

Two new casino projects appear to be on their way to the Las Vegas Strip. On the south end, Tilman Fertitta, owner of the Golden Nugget casino brand, the Landry's restaurant chain and the Houston Rockets, has purchased six acres at the southeast corner of Harmon Avenue, across from Planet Hollywood, and reportedly plans to build a casino project on…

At the opening party of the swanky new Hard Rock Hotel Thursday Manhattan, fashionable guests lined up to sample bluefin tuna, delicately carved off the fish in front of them, and a freshly grilled mushroom hors d'oeuvre, topped with a generous slice of truffle. Yet, Jim Allen, the CEO of Hard Rock International and the chairman of Seminole Gaming,…

Casinos are putting up pre-pandemic numbers. After a rocky 2020, when lockdowns kept casinos closed or operating under restrictions, the gambling industry has recovered, and then some. Commercial gaming revenue - that includes in-person gambling, online gambling and sports betting - set an all time record in March, taking in more than $5.3 billion,…

Las Vegas will host Formula One races in 2023, 2024, and 2025 after the city's tourism body agreed on a $19.5m sponsorship deal. [Image: Shutterstock.com] The Las Vegas Convention and Visitors Authority (LVCVA) has voted in favor of bringing the Formula One Grand Prix to the world's gambling capital for at least three years. a $19.5m sponsorship…

Sources are saying that Houston billionaire Tillman Fertitta is buying six acres of property on the Las Vegas Strip where he intends to build an upscale resort. [Image: Shutterstock.com] Landry's Inc. owner and CEO, Tillman Fertitta, is buying six acres on the Las Vegas Strip with an intent to develop an upmarket resort, according to sources cited…

Most of the new hotel casino development plans on the Las Vegas Strip lately have centered on the North Strip, between The Strat and the Wynn Resort properties. MGM Resorts International (MGM) - Get MGM Resorts International Report and Caesars Entertainment (CZR) - Get Caesars Entertainment Inc Report, which own over a dozen properties on The…

Creek Gaming Acquisition Nears the $45 Million Mark Rick Langenberg In a move expected to further increase the profile of the Cripple Creek gaming community, a major restaurant operator and entertainment figure, who also owns a professional basketball team, plans to buy the Wildwood Casino and Hotel for close to $45 million. The proposed deal,…

Casinos bring in a lot of money, more than most people may realize. In fact, they generate billions of dollars each year. Players come in with a big chance of losing, but the casino owners will always win. The house always has an edge, which means that over time, they will make more money than the players. Here are the leading individuals earning…

Billionaire businessman Tilman Fertitta is purchasing the Wildwood Casino and Hotel in Cripple Creek, Colorado, for $43 million. The deal, expected to finalize by summer, is being carried out through the mogul's Fertitta Entertainment company and will see the introduction of the iconic Golden Nugget brand to the state. Fertitta Entertainment, owner…

In the western American state of Colorado and Fertitta Entertainment Incorporated has reportedly signed a deal that is to see it pay approximately $43 million in order to acquire the Wildwood Hotel and Casino. According to a Monday report from The Gazette newspaper, the Houston-headquartered parent of land-based casino firm Landry's…

LAS VEGAS (AP) - A local casino company with several other Las Vegas-area properties marked the start Friday of a $750 million project to build a 200-room hotel tower and casino in a growing residential and commercial neighborhood southwest of the city. Red Rock Resorts employees and executives including company Chairman and CEO Frank Fertitta III,…

LAS VEGAS (AP) - A local casino company with several other Las Vegas-area properties marked the start Friday of a $750 million project to build a 200-room hotel tower and casino in a growing residential and commercial neighborhood southwest of the city. Red Rock Resorts employees and executives including company Chairman and CEO Frank Fertitta III,…

Red Rock Resorts, the holding company of Station Casinos in Nevada, announced Monday the appointment of Scott Kreeger as President effective February 28, 2022. New Red Rock Resorts President Kreeger joined the company in September 2021 when he assumed the role of Senior Vice President of Development, leaving his position as Director of Operations…

LAS VEGAS, Feb. 28, 2022 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) announced the appointment of Scott Kreeger to the position of President on February 28, 2022. Prior to this appointment, Mr. Kreeger had been serving the Company in the role of Senior Vice President of Development since…

D espite Covid, Nevada's casinos had an historically healthy year in 2021-the state reported a record $13.4 billion in gambling revenue. The total gaming jackpot last year also beat pre-pandemic numbers in 2019 by 11.6%, according to the Nevada Gaming Control Board. The last all-time high was in 2007 when the state reported $12.8 billion in gaming…

Jeannine L. is the casino's first jackpot winner of 2022, according to the Golden Nugget. LAKE CHARLES, La. - A very lucky Texan is starting 2022 off with a bang after winning big bucks at a casino in Lake Charles, Louisiana. The woman from Spring won just over $829326 while playing slots at the Golden Nugget on Sunday. The big winner, identified…

American casino operator Station Casinos has reportedly floated a proposition with the Las Vegas Planning Commission that could see it bring a small Wildfire-branded venue to a five-acre parcel of land it already owns near the center of Nevada's largest city. According to a Monday report from the Las Vegas Review-Journal newspaper, the operator was…

With a groundbreaking around the corner for its newest Las Vegas resort, Station Casinos is also eyeing a project - a much smaller one - near downtown. The Las Vegas Planning Commission is scheduled on Tuesday to consider Station's proposed Wildfire Casino at 2700 Fremont St., just south of Charleston Boulevard. The one-story project would span…

A renovated community meal space in Las Vegas' Corridor of Hope reopened Tuesday, following an 18-month closure during the pandemic. Catholic Charities of Southern Nevada welcomed hundreds of people back to the St. Vincent Lied Dining Facility for the daily community meal. The space underwent an approximately $3 million renovation as part of the…

After sitting on big chunks of land for years, Station Casinos is now in development mode. The locals-focused casino giant aims to break ground early next year on a $750 million resort, near Ikea in the southwest Las Vegas Valley. It also owns several empty plots around Southern Nevada. Even though Station hasn't reopened all of its properties…

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz Red Rock Resorts expects to begin…

tation Casinos' planned casino resort at Durango Drive is now estimated to cost $750 million, according to the company's executives. The development is expected to break ground in the first quarter of 2022, and will take 18 to 24 months to complete. The hotel casino will cover 533000 square feet, with 73000 square feet of casino space for 2000 slot…

Executives of Station Casinos have no plans to sell the three casinos they own that remain closed, and they now have a price tag for their planned resort at Durango Drive - $750 million. Station's parent company, Red Rock Resorts, reported solid third-quarter earnings Tuesday afternoon. Chairman and CEO Frank Fertitta III said the company…

iCrowd Newswire 31st October 2021, 02:03 GMT+11 When the state of New Jersey went to the Supreme Court in 2018 in a bid to overturn the Professional and Amateur Sports Protection Act (PASPA), they probably hadn't considered the monumental ramifications that would follow. The Court favoured New Jersey, believing PASPA to be'unconstitutional', and in…

Undoubtedly, slots are the World's most popular gambling devices. Famous for their fruit symbols and jackpot alarms, these machines have been a staple at gaming establishments since the mid-1990s. All they require of players is for them to insert a coin and press the spin button. Once they perform these two actions, in a second or two, these games…

I met Jennifer Graff, anexecutive with Columbiana Foods in Ohio,last week in Las Vegas, where she was attending theNational Grocers Association convention. She told me she was thrilled to be at her first in-person convention since the start of the pandemic. "I'm so happy to get back to a little bit of normalcy," she said. But the shadow of covid-19…

The latest entrant to Virginia's burgeoning sports betting industry has promised to donate $1 million to Virginia's five historically Black universities, as charitable giving for historically Black schools nationwide has sharply increased in the past two years. Golden Nugget Online Gaming, which expects to go live in the coming weeks, pledged…

Although UFC started in Las Vegas, it is now enjoyed by international audiences around the world. However, true UFC fans all know that Las Vegas is the true home for the most intense sport in the world. To understand why this is the case, you need to first understand the history of UFC. The UFC we all know today was started in 1993 as a mixed…