#Wynn Resorts

Las Vegas hotel and casino workers are in negotiations for a new five-year contract. Las Vegas hospitality workers voted this week to authorize a strike in pursuit of a new five-year contract. The workers are members of the Culinary Workers Union Local 226 and Bartenders Union Local 165, who are employed in nongaming positions at casinos on the Las…

What happens in Vegas doesn't stay in Vegas - and now one of the most prestigious hotels on the strip is red-faced for spilling the beans. The Wynn Las Vegas is currently conducting an investigation into how personal details of three politicos slipped out, costing two of them their jobs. According to the Wynn, the people who contacted the hotel…

Tens of thousands of Las Vegas hospitality workers fighting for new union contracts voted Tuesday to authorize a strike that could impact more than three dozen casinos and hotels, the city's economic backbone. The Culinary Workers Union hasn't gone on strike in more than three decades. The union didn't immediately set a deadline for a walkout as it…

Tens of thousands of Las Vegas hospitality workers fighting for new union contracts voted Tuesday to authorize a strike that could impact more than three dozen casinos and hotels, the city's economic backbone. The Culinary Workers Union hasn't gone on strike in more than three decades. The union didn't immediately set a deadline for a walkout as it…

With chants of "one job should be enough," some 10000 members of the Culinary and Bartenders unions filled UNLV's Thomas & Mack Center Tuesday morning for a vote to authorize the first citywide strike against the resort industry in 39 years. Representatives of Culinary Workers Local 226 and Bartenders Local 165 said the results of the vote would…

While Dubai is on track to surpass the number of hotel rooms in Las Vegas, a Southern Nevada gaming and hospitality industry analyst who knows the United Arab Emirates landscape well says it shouldn't become a major competitor as long as Las Vegas continues to invest in its infrastructure. "As long as Las Vegas stays on its game, nothing will be…

Ellis Island, Palms take creative approaches with hotel room packages and customer incentives during November's Las Vegas Grand Prix. Unlike its Las Vegas Strip neighbors, Ellis Island Hotel and Casino doesn't have high-end luxury suites among its 300 hotel rooms. There isn't a high-limit gaming lounge or a baccarat table inside the small casino…

A federal law enforcement investigation into Las Vegas casino employees has reportedly led to the ouster of Resorts World COO and President Scott Sibella. The company noted that he'd been fired for "failing to disclose certain information required under company policies" after details involving his previous work as an MGM Resorts executive have…

The odds are getting rejiggered in the closely watched race for three lucrative casino licenses in the New York City area - partly because of an alleged bookmaking scandal that's unfolding in Las Vegas, The Post has learned. Until as recently as last week, MGM Grand and Resorts World - operators, respectively, of the Empire City Casino in Yonkers…

LAS VEGAS - Say goodbye to a free perk in Las Vegas that once used to be as common as slot machines at Harry Reid International Airport. Most recently, Wynn Resorts, which owns and operates Wynn and Encore Las Vegas, announced the end of free self-parking starting Sept. 27. "The new parking policy is a result of the anticipated increased demand for…

The Global Casino Gaming Market size is expected to grow from USD 368.26 million in 2022 to USD 544.08 million by 2030, at a CAGR of 5% during the forecast period (2023-2030). Casino Gaming is one of the most lucrative segments of the global gaming industry. The relaxation of gambling laws around the world has created a number of opportunities for…

Wynn Resorts, Limited is one of the leading American promoters and operators of hotel-casinos. At the end of 2020, the group owned 4 hotel-casinos under the Wynn Las Vegas, Wynn Macau, Wynn Palace and Encore Boston Harbor names. Net sales break down by activity as follows:- casinos operation (59%): 1061 gaming tables and 5589 slot machines at the…

Dubai, the city of gold, is known for its opulence, skyscrapers, and a lifestyle that screams luxury. It's a place where innovation meets tradition, and this fusion is evident in every aspect of life, including entertainment. While gambling is generally frowned upon in the UAE due to religious reasons, the advent of online crypto casinos has opened…

This March 15, 2016, file photo, shows casino mogul Steve Wynn at a news conference in Medford, Mass. Thursday, Sept. 7, 2023 | 5:31 p.m. A parent company of a Las Vegas Strip casino and nine unnamed women are settling a lawsuit alleging the company failed to investigate allegations that female employees were sexually harassed by the company's…

Monday, Sept. 4, 2023 | 10:38 a.m. DUBAI, United Arab Emirates - The United Arab Emirates has created a federal authority to potentially run a national lottery and what it describes as "commercial gaming," likely a sign that it is on the verge of allowing gambling as major casino operators flock to the Gulf Arab nation. The state-run WAM news…

DUBAI, United Arab Emirates -- The United Arab Emirates has created a federal authority to potentially run a national lottery and what it describes as "commercial gaming," likely a sign that it is on the verge of allowing gambling as major casino operators flock to the Gulf Arab nation. The state-run WAM news agency carried an announcement late…

The US gambling industry has seen tremendous expansion in recent years. There has been an increase in the number of sites opening, whether it be for sports betting or online casinos. However, it's a competitive market and Wynn Resorts have announced they will close their WynnBet sites in eight of the 12 US states in which they operate. Wynn Resorts…

A sign advertises Ellis Islands Formula 1 Turn 4 grandstand tickets Wednesday, Aug. 23, 2023. Sunday, Sept. 3, 2023 | 2 a.m. Christina Ellis has welcomed plenty of eager patrons through the years to Ellis Island. Long before Ellis became the property's vice president of development, she was a middle school student working the hostess stand at the…

Nevada gaming win for July rose 6.7% from a year ago to $1.40B. The tally makes it the 29th month in a row that gaming win in the state has been over $1B. The solid demand in the Las Vegas region this year has taken some of the sting out of the argument that legalized online sports betting and brick-and-mortar gambling in new states would cut…

At some point in September - date to be announced - the New York State Gaming Commission will hold a meeting during which it may have answers to hundreds of questions posed by the 11 potential bidders for the state's three downstate casino licenses. "May" is the word of choice because this question-and-answer process started back in February, when…

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 The Oakland Athletics will still be the…

With the rising count of online casinos, isn't it obvious for land-based gambling establishment operators to feel a bit insecure? Players are no longer required to travel to gaming zones to bet on their favorite slots or make their wagers on table games. As long as they have a strong Internet connection and a decent mobile device, they can enjoy…

LAS VEGAS (AP) - Casino mogul Steve Wynn has ended a yearslong legal fight with Nevada gambling regulators that started with claims of workplace sexual misconduct, agreeing to pay a $10 million fine and cut ties to the industry he helped shape in Las Vegas. The Nevada Gaming Commission accepted a settlement Thursday to end the state's look at…

Macao casinos had their best month of 2023, one year after having their worst month of 2022. Macao's Gaming Inspection and Coordination Bureau on Tuesday reported gross gaming revenue of $2.075 billion (U.S), the most won in the special administrative region since January 2020. By comparison, the state of Nevada last week reported gaming win of…

Casino mogul Steve Wynn has ended a yearslong legal fight with Nevada gambling regulators that started with claims of workplace sexual misconduct, agreeing to pay a $10 million fine and cut ties to the industry he helped shape in Las Vegas. The Nevada Gaming Commission accepted a settlement last week to end the state's look at allegations that led…

LAS VEGAS - Casino mogul Steve Wynn has ended a yearslong legal fight with Nevada gambling regulators that started with claims of workplace sexual misconduct, agreeing to pay a $10 million fine and cut ties to the industry he helped shape in Las Vegas. The Nevada Gaming Commission accepted a settlement Thursday to end the state's look at…

Casino magnate Steve Wynn was banned from the Nevada gambling industry, one that he had a sizable role in developing, in order to settle a 2019 sexual misconduct case with the state's authorities. Wynn was accused of making unwanted sexual advances towards multiple women under his unemployment. As part of the deal, he will also pay $10 million and…

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LAS VEGAS (AP) - Casino mogul Steve Wynn's long legal fight with Nevada gambling regulators over claims of workplace sexual misconduct is expected to end Thursday with a settlement calling for him to pay a $10 million fine and cut virtually all ties to the industry he helped shape in Las Vegas. The Nevada Gaming Commission was scheduled to meet in…

Casino mogul Steve Wynn's long legal fight with Nevada gambling regulators over claims of workplace sexual misconduct is expected to end Thursday with a settlement calling for him to pay a $10 million fine and cut virtually all ties to the industry he helped shape in Las Vegas. The Nevada Gaming Commission was scheduled to meet in the state capital…

The casino industry is booming these days and if you have the budget, investing in it can be very profitable. Here are some ideas and strategies for investing in online casinos. The world of online gambling is now stronger than ever. People have gambled on online casino sites for a long time, but the interest peaked even more during the pandemic…

Las Vegas-based slot machine developer Aruze Gaming America, set to close next month, has revealed that its operations and assets will be acquired by two separate companies in pending acquisitions. Play Synergy, a slot manufacturer, announced earlier in the week that it is seeking to acquire Aruze's slot operations, including land-based assets and…

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LAS VEGAS (KTNV) - Nevada gaming regulators revealed Wednesday that they plan to fine former Las Vegas casino magnate Steve Wynn $10 million over past sexual misconduct allegations. The Nevada Gaming Control Board issued a complaint against Wynn in 2019, not long after a report surfaced about Wynn's years-long behavior towards women and alleged…

A bidding war for New York City area casino licenses is underway, and New York Gov. Kathy Hochul and the state Democratic Party are taking large donations from the gaming companies and real estate giants developing pricey proposals, according to recently-released campaign finance filings. In the past two months, Hochul's fundraising committee…

Play Synergy announced Monday it is set to acquire Aruze Gaming America's slot operations, which includes its land-based assets and online gaming offering, for an undisclosed amount. The news comes days after the slot machines and electronic table games developer said it was planning to shut down its Las Vegas headquarters next month, resulting in…

The company takes charge of Aruze's land-based and online slots operations, alongside the related sales and support services attached through the deal. Play Synergy already has its own slots offerings, along with table games and technology products. It is "confident" the deal will close within the next 30 days, depending on regulatory and court…

A prominent New York real estate developer has joined the list of those seeking a license to operate a commercial casino in downstate New York. Larry Silverstein, chairman of Silverstein Properties, is seeking to build a casino in Manhattan about four blocks west of Times Square at 11th Avenue and 41st Street, according to the New York Times. The…

Image Source: Shutterstock.com The luxury hotel and casino that is currently under construction on the Las Vegas Strip, Fontainebleau Las Vegas, announced multiple senior-level appointments Monday. The latest appointments come ahead of the resort's planned opening set for December this year and seek to further strengthen the venue's team of experts…

Fontainebleau Las Vegas has selected a former general manager from Station Casinos to lead the long-awaited Strip resort. Mark Tricano was named president of the resort, expected to open in December. Tricano, who previously led Red Rock Resort between 2012 and 2015, assumes the role that Brett Mufson held "provisionally," according to a Monday news…

Future luxury resort on the Las Vegas Strip Fontainebleau Las Vegas has announced several new leadership appointments. The resort is scheduled to launch in December 2023. Mark Tricano has replaced Brett Mufson's position and has been appointed as the resort's President. Tricano brings to Fontainebleau Las Vegas his nearly 20 years of experience in…

LAS VEGAS (KSNV) - Fontainebleau Las Vegas has tapped the former general manager for Red Rock Casino as the resort's newest president. Mark Tricano assumes the role that was provisionally held by Brett Mufson, who. "It is a tremendous honor to take on the responsibility of leading the Las Vegas team toward a defining moment in Las Vegas history,"…

We have basically two worlds when it comes to gambling in the US: traditional land-based operators like those famous in Vegas, and Atlantic City and abroad in places like Macau, for example, and online operators. Traditional casinos have a more steady form of business model, and comparing the evolution of these enterprises across time is easier as…

Las Vegas casinos are costing gamblers more and making it harder to win. The Wall Street Journal reports that blackjack payouts have gone down, roulette wheels aren't as sure a bet as before, and gaming overall costs more now. It turns out there's a reason for these changes-companies are hoping Vegas can become more of a high-end vacation…

The American Gaming Association recently published data showing the first quarter of 2023 produced the highest gaming revenue of any quarter in industry history. It wasn't a surprise. After all, Nevada results have been stellar for around two years and most of the publicly traded casino companies have said their results in jurisdictions outside…

The vibrant city of Las Vegas has not only dazzled visitors with its world-famous casinos and iconic landmarks but has also played a starring role in numerous films. From the glitz and glamour of Caesars Palace to the breathtaking fountains of The Bellagio, these casinos have served as magnificent backdrops for some memorable movie moments. Let's…

A state lawmaker who represents the communities around the Mets' Citi Field has temporarily blocked billionaire Mets owner Steve Cohen's plan to build a casino and entertainment complex in the lots next to the ballpark. Cohen needs legislation approved by the state Legislature in Albany in order to start a commercial venture in the lots around Citi…

The American Gaming Association recently published data showing the first quarter of 2023 produced the highest gaming revenue of any quarter in industry history. It wasn't a surprise. After all, Nevada results have been stellar for around two years and most of the publicly traded casino companies have said their results in jurisdictions outside…

The president of Hofstra University is urging Long Island lawmakers to nix a plan for Las Vegas Sands Corp. to put a casino at the Nassau Coliseum near its campus - claiming it'll be more trouble than it's worth. "The casino proposed by Las Vegas Sands runs directly counter to the interests of our local population and will create dangers rather…

A pitch to build a casino and entertainment complex in Coney Island got losing snake eyes from community leaders who voted against a gambling joint along Brooklyn's historic beach and boardwalk. Community Board 13 members overwhelmingly passed a resolution rejecting the plan, 23 to eight - with the chairwoman saying she didn't want to turn Coney…

A new Nevada Resort Association report said the gaming industry paid $2.1 billion in industry-specific taxes in 2022 and has $23 billion in current or planned major tourism-related capital investment projects underway. "2023 The Facts" is a 100-page document drafted by Las Vegas-based Applied Analysis for the NRA, an organization representing more…

WynnBet is the online betting arm of Wynn Resorts, the company responsible for the Wynn and Wynn Encore in Las Vegas. Their online casino lives up to the standards of that brand, but WynnBet Casino have a no deposit bonus? Here, we answer that question and help bettors find the no deposit casino bonuses they are looking for. At this point in time,…

A Clark County woman filed a lawsuit against Wynn Resorts Ltd. saying the company violated labor laws by pooling tips paid to slot machine attendants and sharing the money with their supervisors. Attorneys for Sheila Little allege that management at Wynn Las Vegas violated the Fair Labor Standards Act by forcing her and her peers to share a portion…

New York's Nassau County signed a preliminary 99-year lease agreement with Las Vegas Sands Corp. for use of its 80-acre Nassau Veterans Memorial Coliseum site for development of an integrated resort with a casino on Long Island. In a news conference in New York on Wednesday, Sands Chairman and CEO Rob Goldstein and Nassau County Executive Bruce…

Macau-exposed casino stocks gained early Thursday after Las Vegas Sands signaled that a "robust recovery" in travel and tourism spending was under way in the region. The casino operator's earnings and revenue beat expectations in the first quarter, while management flagged positive trends in Macau as well as Singapore. The stock (ticker: LVS)…

Shares of MGM Resorts International, Wynn Resorts Ltd. and Caesars Entertainment Inc. advanced on the back of Las Vegas Sands Corp.'s surge in gambling revenue from Asia in its latest quarter. Sands recorded first-quarter gambling revenue of $1.54 billion, more than doubling from $627 million a year earlier. Shares up 4.9% to $62.26 in after-hour…

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 More than a decade ago, Nevada's major…

With the certification of its area development plan, MGM Resorts International has full regulatory approval for its $10 billion integrated resort in Osaka. The approval from Japan's Ministry of Land, Infrastructure, Transport and Tourism allows the company's regional operations, MGM Resorts Japan, to move forward with its partners to finalize…

A group of Broadway theater owners and producers is leading an effort to lower the curtain on plans for a Times Square casino. The Broadway League, a theater industry trade group, is joining forces with local restaurant owners to block a bid for a new gambling hub nearby. The group, called the "No Times Square Casino" Community Coalition, says that…

MGM Resorts, Orix to own 40% each Resort set to open in 2029 Will include hotel, shopping mall, ferry terminal TOKYO, April 14 (Reuters) - Japan on Friday approved a plan to build the country's first casino in the western city of Osaka, paving the way for a 1.8 trillion yen ($13.5 billion) resort set to open in 2029, aimed at attracting domestic…

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 With three months in the books, Macau's…

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…

A legislative proposal allowing Nevada to operate a state lottery could slice into the revenue stream of Northern Nevada casino operator Truckee Gaming. But it wouldn't be a large chunk of the company's cash flow, said CEO Ferenc Szony. Truckee Gaming is a retailer licensed by the California Lottery to sell tickets from a store adjacent to the Gold…

A federal judge has tossed a lawsuit filed by a New York gambler who claims the cash-out procedures for Encore Boston Harbor's slot machines are rigged to shortchange players. According to plaintiff A. Richard Schuster, the problem with the slot machines at the Wynn Resort casino in Everett boils down to the fact that the kiosks at which players go…

The United Arab Emirates is set to welcome its first-ever casino, a development that has stirred excitement and anticipation in equal measure. The casino is being built and funded by Wynn Resorts, a leading international hospitality and entertainment company. What makes this development even more significant is that it will be Wynn Resorts'…

The gaming and resort industry continues to recover from the pandemic, and one of the biggest gaming markets in the world reopened earlier this year: Macao, China. With Macao back in action, casino operators there stand to benefit from pent-up demand -- as do casino stock investors. Here, I'll compare two American casino companies with properties…

This story was reported by Timothy Bolger, Ben Brachfeld, Jada Camille, Aidan Graham, Carlotta Mohamed, Dean Moses, Bill Parry, Aliya Schneider, Robbie Sequeira and Ethan Stark-Miller. It was edited by Christian Murray and Robert Pozarycki. New Yorkers are bearing witness to a World Series of Poker-style showdown featuring ten bids involving some…

Japan will make a decision on applications for integrated resorts from Osaka and Nagasaki in the coming months, perhaps as soon as this month. Then authorities will decide the fate of one or more unissued IR licences, with the distinct possibility of a supplementary round of applications that could include prime sites Tokyo and Hokkaido. That's the…

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 Soloviev Group has finally settled on what it wants to do with what's billed as the largest undeveloped lot in Manhattan, which it said it's owned for 15 years: place a big bet on winning a casino license among heavy competition as demand for offices looks less attractive. The developer, known for projects such as New York's iconic 9 W. 57th…

Casino companies are used to having a house advantage. But in the bidding process for three downstate casino licenses, it's the local communities that those companies are hoping to call home that just might have the edge. Roughly a dozen casino companies and real estate developers are mulling or planning on bidding for one of three casino licenses…

Gaming operator Seminole Hard Rock's highly anticipated bid for a New York City casino license has been complicated by its business ties to Russia, sources told The Post. The ubiquitous Hard Rock brand - founded by Americans in London in 1971 and purchased by the Seminole Tribe of Florida in 2007 - has long been expected to announce its application…

Gaming industry analysts expect casino revenue to continue rising in Macao after back-to-back months of growth. The region's Gaming Inspection and Coordination Bureau on Wednesday reported a 33.1 percent increase in gross gaming revenue to $1.3 billion in February compared with a year earlier. While February figures were down from January, John…

With so many online casino offers, some of them are possibly scams or they do not give enough payouts to compensate for your time and money invested. So, what about WynnBet? Is WynnBET casino legit? The short answer is yes, WynnBet Casino is a legitimate online casino operated by Wynn Interactive, a subsidiary of Wynn Resorts. Wynn Resorts is a…

LAS VEGAS - The family of a Florida lawyer who suffered a heart attack at a Las Vegas blackjack table last year and died months later has filed a wrongful death lawsuit against a casino. The Las Vegas Review-Journal reports David Jagolinzer was staying at the Wynn Las Vegas while in town for a legal conference last spring. According to the lawsuit,…

LAS VEGAS (KLAS) - The family of a man who had a heart attack while playing blackjack in Las Vegas is suing the hotel and casino, claiming he did not receive medical care for nearly 20 minutes as an employee continued to deal, documents said. On April 6, 2022, David Jagolinzer, of Florida, was staying at the Wynn Las Vegas and playing the table…

The family of a Florida lawyer says that he was ignored by a card dealer and security employees at a Las Vegas casino for almost 20 minutes after suffering cardiac arrest at a blackjack table - and that delay ultimately led to his death. David Jagolinzer, 48, experienced cardiac arrest while playing cards at the Wynn Las Vegas hotel and casino in…

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 The inclusion of Michigan into the…

The house always wins but some games win the house more than others. Everyone who gambles understands that the house has an edge in every game. You don't build mega-casinos like the ones found up and down the Las Vegas Strip by losing money. Slot machines, however, might be the game the consumers understand the least. First, it's important to know…

LAS VEGAS (AP) - The family of a Florida lawyer who suffered a heart attack at a Las Vegas blackjack table last year and died months later has filed a wrongful death lawsuit against a casino. According to the lawsuit, David Jagolinzer was staying at the Wynn Las Vegas last spring. The lawsuit says that Jagolinzer went into cardiac arrest on April 6…

LAS VEGAS (KLAS) - A lawsuit filed in U.S. District Court in California details allegations of a $10 million fraud scheme that paid for a six-month gambling spree at the Wynn Las Vegas last year. Sara Jacqueline King of Orange County is accused of falsifying loans that were never made. Instead, she used the money herself. The lawsuit, filed Feb.…

Gaming giant Bally's is betting on The Bronx - by proposing a casino next to the Trump Organization's public golf course at Ferry Point, The Post has learned. Sources familiar with the corporation's plan said its officials have engaged in discussions with the Trump Org about assigning 17 of the 300 acres on the site to Bally's to operate a…

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 Boyd Gaming had a simple message to real…

Wynn Resorts Ltd has reported a US$181.3 million loss from its Macau operations in the three months to 31 December 2022, widened from both the US$128.2 million loss reported in 4Q21 and the US$162.7 million loss in 3Q22. The challenging result, which predated the recent reopening of Macau's borders, was attributable to both the challenging…

The operators awarded licenses to run any of the three New York City-area casinos will have to pay the state at least a $500 million fee for the chance at rolling the dice, according to new rules approved by a state siting board Tuesday. The New York Gaming Facility Board released the request for applications, which includes a rating system that…

Invariably, a hot-streaking enterprise like Las Vegas Sands (NYSE:LVS) raises concerns about whether it can continue skyrocketing. Obviously, no one wants to buy at the peak only to hold the bag later. However, Las Vegas Sands may indeed overcome objections based on a key catalyst: China, China, China. Therefore, I am bullish on LVS…

The slowdown in transactions across commercial real estate as a result of higher interest rates is unlikely to dramatically change in the near term as the question of value continues to plague buyers, sellers and lenders. But properties that house gaming operators are proving the exception. Not only did casino tenants pay rent when closed during…

Not every idea planned or even announced for the Las Vegas Strip ends up getting built. Some never even get past the talking stage because it takes billions to actually build something on Sin City's iconic 4.2-mile stretch of road. The high price tag means that some projects get announced as a way to make it easier to raise money to actually build…

Casinos in Nevada saw gaming win increase 14% in December to more than $1.31B, according to an update from the Nevada Gaming Control Board. Las Vegas Strip casinos accounted for $814M of the monthly tally, which was up 25% from the level a year ago. An increase in group and convention business during the month and events like Raiders home football…

Since covid first became a thing, Las Vegas fell under more scrutiny than any travel destination that wasn't a Walt Disney (DIS) - Get Free Report theme park or a cruise ship. Sin City got blamed for some early spread, even though it became clear pretty quickly that the virus was going to become a global problem. The Las Vegas Strip faced enormous…

Wynn Resorts Ltd. commanded a whopping 66 percent share of the Massachusetts casino market in July, the Massachusetts Gaming Commission reported Monday. The commonwealth announced gross gaming revenue was $98.7 million from the state's three casinos, with Wynn's Encore Boston Harbor in Everett winning $64.7 million, MGM Resorts International's MGM…

After more than two decades, a developer's megaproject could finally take root at the sprawling, fallow site near the United Nations headquarters in Midtown. Its latest bid: a proposal for Manhattan's first Vegas-style casino. Soloviev Group, the longtime owner of the 6.7-acre plot, said on Tuesday that it will partner with Mohegan, the casino and…

Move over Macau and Singapore. Las Vegas Sands is betting on Long Island, unlike other city-centric developers spending millions to win a casino license in New York. All these new proposals are focusing on corporate meeting spaces and tourism boosts to the economy to turn the odds in their favor. Las Vegas Sands is pursuing a multi-billion flagship…

Asia's gambling markets have been hammered by COVID-19 and the zero-COVID policy in China, but that's starting to shift. China is opening up the economy again, and if Las Vegas is any indication, that could lead to a boom in gambling activity in Macao and Singapore. Motley Fool contributors Travis Hoium and Jason Hall discuss why Las Vegas Sands…

But the real estate honchos promising pomp and circumstance - namely, Related Companies at Hudson Yards and SL Green in Times Square - have to overcome something their money can't buy: A handful of local politicians who not only don't care about the flashy proposals, but are turned off by Manhattan's years-long transformation into a playground for…

Mets owner Steve Cohen wants input from locals in Queens about the future of the property around Citi Field as he eyes submitting a bid to open a casino near the stadium. Cohen announced Monday he'll be hosting a Jan. 7 public "visioning session" at Citi Field in Flushing to discuss ideas to "re-imagine space" around the ballpark. "For months, we…

Las Vegas Sands, the resort company and casino, announced Thursday that it will pursue a license to operate an entertainment destination and casino on the property of the former Nassau County Coliseum in Uniondale. Sands Corp. is vying for one of from the New York State Gaming Commission, which applications opened for last week. Former Governor…

Las Vegas regularly attracts huge numbers of tourists eager to enjoy the city's super-sized penchant for visual shows. Visual entertainment in Las Vegas comes in many forms. These include major entertainment performances such as Cirque du Soleil at Bellagio Resort & Casino, which is operated by MGM Resorts International (MGM) - Get Free Report. Sin…

The race to build New York's first full-service casino is going upscale. Hudson's Bay Company, the owner of the Saks Fifth Avenue department store chain, said it would bid with the state to convert the top three floors of its flagship store in Midtown Manhattan into a Monte Carlo-style casino. The project is one in a growing list of bids to secure…