#wynn resorts

Review Journal

Culinary union reaches contract deals with Vdara, Signature in Las Vegas

Culinary Local 226 said Tuesday it reached tentative contract agreements at two Strip hotel properties. The hospitality workers union announced the agreements with Vdara, a 1395-room hotel next to Aria hotel-casino, and The Signature, with its 730 rooms neighboring MGM Grand. The union said the agreements would cover more than 1000…
Travel
Culinary union reaches contract deals with Vdara, Signature in Las Vegas
Super Slots
tradingview.com

Are These 3 Casino Stocks a Good Buy Now?

Casino stocks can be a lucrative opportunity for investors with a high risk appetite. Casinos have enormous growth potential, as they often benefit from increased during good economic times. Furthermore, the rise of online gambling and has provided exciting new revenue streams for traditional casino operators. The post-pandemic market is showing…
Finance
Are These 3 Casino Stocks a Good Buy Now?
West Island

Las Vegas-Style Casinos Heading to New York Following a Decade-Long Delay

The New York State Gaming Facility Location Board made a significant announcement last Thursday regarding the issuance schedule of the coveted downstate casino licenses. The highly anticipated casinos will bring Las Vegas-style gaming to the heart of metropolitan New York, an exciting prospect that has been eagerly awaited since 2013. Back then,…
Law
Wild Casino

$5,000 Welcome Bonus

Deposit bonuses are optional and must be requested by the player when making a deposit. For example, use Promo Code WILD1 to a 100% Casino bonus. Your bonus request will be assessed and, if your account is eligible for the bonus, it will be added to your account immediately.
Top US Casinos

Wynn Resorts Granted Extension for Third Las Vegas Project

In late 2017, Wynn Resorts purchased 38 acres of land across the street from its current Wynn Las Vegas casino for $336 million. During Wynn's fourth-quarter earnings call in early 2018, the company revealed plans to build a new casino and resort. Multiple expansion plans for Wynn in Las Vegas were paused shortly after the purchase. The land…
Travel
Top US Casinos

Wynn Resorts Granted Extension for Las Vegas Project

In late 2017, Wynn Resorts purchased 38 acres of land across the street from its current Wynn Las Vegas casino for $336 million. During Wynn's fourth-quarter earnings call in early 2018, the company revealed plans to build a new casino and resort. Multiple expansion plans for Wynn in Las Vegas were paused shortly after the purchase. The land…
Travel
Wynn Resorts Granted Extension for Las Vegas Project
Top US Casinos

Revenue Drop in Disappointing May for Massachusetts Casinos

The trio of Massachusetts casinos, including Encore Boston Harbor (pictured), experienced a revenue decline to $97.9 million in May. (Photo by Michael Dwyer / Alamy) The trio of casino destinations in Massachusetts had a disappointing May as their aggregated gross gaming revenues for the 31-day period dropped by around one percent year-on-year to…
Finance
Revenue Drop in Disappointing May for Massachusetts Casinos
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JDSupra

Gaming & Gambling Update

In a direct action against the illegal gambling market, the Michigan Gaming Control Board (MGCB) issued a cease-and-desist order to offshore operator Bovada. State regulators asserted that Bovada was in violation of several state laws governing gambling in Michigan. MGCB chief of staff Kurt Steinkamp emphasized that the organization is committed to…
Law
Gaming & Gambling Update
The Nevada Independent

Indy Gaming: Merger rumblings percolate after investor suggests Penn sell casinos

When a company's stock price tumbles for a prolonged period, activist investors often weigh in and question management. That's what happened with M Resort operator Penn Entertainment, which has seen shares decline more than 40 percent compared with its peers. Could Penn's issues affect other gaming companies, including Nevada operators? A Los…
Industry
Indy Gaming: Merger rumblings percolate after investor suggests Penn sell casinos
Review Journal

Will the United Arab Emirates become the ‘Las Vegas of the Mideast?’

It was the late 1990s when anyone in Southern Nevada started thinking about Macao as "the Las Vegas of the East." Now, we should start thinking about the United Arab Emirates as "the Las Vegas of the Mideast." Las Vegas Sands Corp. was one of the early believers in Macao, the densely populated, 12.7-square-mile enclave at the mouth of the Pearl…
Travel
Will the United Arab Emirates become the ‘Las Vegas of the Mideast?’
circuit.news

Gulf's first casino resort sparks building boom in Ras Al Khaimah

Anticipation of the Gulf's first sanctioned casino complex has sparked a development boom in the UAE emirate of Ras Al Khaimah, with five-star resorts and multi-million dollar villas rapidly springing up from the desert sands. Las Vegas casino operator Wynn Resorts last year announced plans for a $4 billion resort on the artificial Marjan islands,…
Land-based
Gulf's first casino resort sparks building boom in Ras Al Khaimah
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PokerNews

New York Senate Moves To Fast Track Casino Expansion

In a last-minute push, New York lawmakers have bypassed the end of the current legislative session to greenlight a bill that will accelerate the awarding of casino licenses in the Empire State. Joe Addabbo, SB 9673 was passed by a vote of 51-4 in the New York Senate and will now be sent to Governor Kathy Hochul for approval. The New York Senate,…
Politics
New York Senate Moves To Fast Track Casino Expansion
The Nevada Independent

Gambling has long been taboo in Islamic countries. Now, analysts see UAE as the next Vegas

The United Arab Emirates, a country where almost three-quarters of its population adheres to Islam - a religion that considers gambling a harmful activity - could one day surpass Las Vegas as one of the world's most lucrative casino markets. Despite a gaming ban throughout the Middle East, UAE is creating a gaming regulatory system allowing each of…
Land-based
Gambling has long been taboo in Islamic countries. Now, analysts see UAE as the next Vegas
Seeking Alpha

Nevada casinos notch record gaming win for the month of April

Nevada reported gaming win rose 6.95% year-over-year in April to $1.24 billion, according to the state's Gaming Control Board. The gaming win tally was the highest ever recorded for the month of April, despite Easter landing on the calendar in March this year. Las Vegas Strip casinos saw a 6.62% increase in gaming win for the month to $666.1…
Land-based
largest.org

6 Biggest Countries by Casino Revenue

Casinos significantly impact the global economy, with the market projected to reach over US$100.90bn in 2024. This figure highlights the important role of gambling establishments worldwide. They create jobs and increase tourism. This attracts visitors from all over. More visitors help local businesses like hotels and restaurants. They also boost…
Finance
6 Biggest Countries by Casino Revenue
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US Bets

New York Lawmakers Want To Speed Up Casino Licenses

Two New York state lawmakers, Sen. Joseph Addabbo Jr. and Assemblyman Gary Pretlow - who were instrumental in getting online sportsbooks off the ground in New York - are pushing a bill to accelerate the timetable for awarding casino licenses in the New York City area. The proposed law would require bids to be submitted by July 31 of this year and…
Law
New York Lawmakers Want To Speed Up Casino Licenses
New York Post

Key bidder for NYC casino license entangled in Ohtani bet scandal

The Yankees and Mets both whiffed on snagging Shohei Ohtani last year, but "Sho-time" is still shaking up things in New York City - in the battle for state casino licenses in the Big Apple. A company behind one of the top bidders for the lucrative gaming permits is reportedly tangled up in the federal probe into the betting scandal involving the…
Incidents
Key bidder for NYC casino license entangled in Ohtani bet scandal
MDJOnline

Las Vegas Strip casino signs country superstar to new residency

The competition for big name headliner residencies on the Las Vegas Strip is heating up again. Already, all of the major casino operators on the Strip have lined up huge stars for residencies this year. Classic R&B group New Edition, which already performed six sold-out shows on the Strip at Wynn Resorts' (WYNN) Encore Theater at Wynn Las Vegas in…
Land-based
Las Vegas Strip casino signs country superstar to new residency
iGaming Business

New York casino licence decision not expected until late 2025

New York officially opened the bidding process for three downstate commercial casinos in January last year. An amendment to the 2013 New York State Constitution permitted four upstate casinos, which are open for business, then three more casinos closer or in New York City at a later date. The process has already drawn interest from several heavy…
Land-based
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Review Journal

CEO pay towers over employees at big Las Vegas companies

With its economy fueled by tourism, Las Vegas' workforce is heavy on lower-paying service jobs. Las Vegas' corporate chieftains, on the other hand, earn paychecks that card dealers, housekeepers and cocktail servers can only dream of. The pay ratios of CEOs to their typical employees shot past 100-to-1 last year at several Las Vegas-based companies…
Industry
CEO pay towers over employees at big Las Vegas companies
News-Daily

Popular vice faces ban on the Las Vegas Strip

Las Vegas has a reputation as a place where anything goes. It's a land of vices where people are encouraged to gamble, eat rich foods, and generally push the bounds when it comes to excess. And the Las Vegas Strip feels like a place where everything is legal - and most things are. You need not go far from the Strip to buy legal cannabis: Planet 13,…
Land-based
Popular vice faces ban on the Las Vegas Strip
Review Journal

Fontainebleau Las Vegas opposes injunction sought by Wynn Las Vegas in executive poaching case

Attorneys for Fontainebleau Las Vegas fired a new volley in the ongoing legal battle involving Wynn Las Vegas' accusations that the new resort is poaching its executives and encouraging workers to violate their employment contracts. In an opposition to Wynn's motion for a preliminary injunction to stop Fontainebleau filed late Friday in Clark…
Law
Fontainebleau Las Vegas opposes injunction sought by Wynn Las Vegas in executive poaching case
Barron's

Las Vegas Casino Unions Preparing To Take On Trump Again

It is the Democrats' not-so-secret weapon in Nevada -- a vast army of maids, cooks and bartenders that helped deliver this razor-tight swing state for Hillary Clinton and Joe Biden in 2016 and 2020. Now ahead of November's election, the Culinary Union, which represents 60000 mainly Las Vegas-based hotel and casino workers, is preparing to mobilize…
Land-based
Las Vegas Casino Unions Preparing To Take On Trump Again
nbc39.com

Las Vegas casino unions preparing to take on Trump again

It is the Democrats' not-so-secret weapon in Nevada -- a vast army of maids, cooks and bartenders that helped deliver this razor-tight swing state for Hillary Clinton and Joe Biden in 2016 and 2020. Now ahead of November's election, the Culinary Union, which represents 60000 mainly Las Vegas-based hotel and casino workers, is preparing to mobilize…
Land-based
Speedway Digest

Economic Impacts of NASCAR and Casinos on Las Vegas

Las Vegas is the gambling mecca and perhaps the biggest tourist center in the world. Many visitors would find it synonymous with world-famous casinos and high-stakes gambling. However, in recent years, another force has been driving success in this city - NASCAR. This article will take a closer look at the historical background, growth, and economy…
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Economic Impacts of NASCAR and Casinos on Las Vegas
News-Daily

Superstar R&B band returns for Las Vegas Strip casino residency

High-demand Las Vegas Strip residencies usually extend for more shows to take advantage of their extreme popularity. Many of the top headliners will continue extending their engagements for weeks or months as long as the theater they are performing in has the vacant dates to schedule. Country Superstar Garth Brooks performed a five-year Garth at…
Land-based
Superstar R&B band returns for Las Vegas Strip casino residency
Review Journal

Las Vegas casino was imploded years ago, but no word if new resort will be built

When the New Frontier was imploded in 2007, the spectacle featured a fireworks show, cheering onlookers and a chanted countdown to the resort's destruction. Approaching 17 years later, the Strip property is still waiting for a new resort to take shape - and there's no telling when that might happen. Casino operator Wynn Resorts, which acquired the…
Land-based
The Sentinel

New Online Casinos in the USA

If you make a purchase after clicking on links within this article, Lee Enterprises may earn affiliate commissions. The news and editorial departments had no role in the creation or display of this content. Online casinos are now legal in a number of states, from Connecticut and Delaware to Michigan, New Jersey, Pennsylvania, West Virginia,…
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New Online Casinos in the USA
West Island

Las Vegas and Macau Casinos Surging Ahead in Gaming Sector

In the ever-evolving tableau of leisure and hospitality, the bright lights of Las Vegas continue to draw patrons in droves, signaling a potential boon for casino operators gearing up to report their first-quarter financials. Amid the glamorous backdrop of the iconic Welcome to Las Vegas sign, consumer enthusiasm abounds-yet it contrasts with a…
Industry
Review Journal

Las Vegas has long history of never-built casinos, other big projects

Las Vegas is known around the world for its towering casino-resorts. But for all the massive projects that have been built in America's casino capital, there have also been many supersized ideas that never materialized. Here's a look at some never-built projects, from the Strip to the suburbs, as outlined in news reports, Clark County records and…
Sports
Las Vegas has long history of never-built casinos, other big projects
Time Out

A giant casino could open in NYC's Hudson Yards if plans are approved

Some might say that Hudson Yards has enough massive dystopian glass structures (I'm looking at you, Vessel), but there's a real estate firm that would absolutely disagree. A proposal for Phase Two of Hudson Yards' development includes a call for a $12 billion complex that would consist of multiple buildings with apartments, office space, and a…
Land-based
A giant casino could open in NYC's Hudson Yards if plans are approved
Kilgore News Herald

Another long-running Las Vegas Strip show is closing

Some performers seem made for the Las Vegas Strip even if they did not get their start in Sin City. Many of the biggest name residencies on the Strip have set up shop there because it's convenient. Adele, Bruno Mars, Garth Brooks, Lady Gaga, Luke Bryan. and other big-name performers could sell out venues wherever they go. By performing a residency,…
Land-based
Another long-running Las Vegas Strip show is closing
West Island

Black Hawk Casinos Outshine Las Vegas Titans

With consistency reminiscent of the desert's eternal sun, Las Vegas once again dazzled at the pinnacle of the United States' commercial casino market in 2023. Yet within the echelons of this high-revenue society-a tableau marked by little fluctuation-there was a notable exception. Black Hawk and Central City in Colorado exemplified vigor, emerging…
Industry
bnnbreaking.com

Las Vegas Strip Braces for Change: Casino Royale and Tropicana to Be Replaced by Mega-Resort and Athletics Stadium

On the iconic Las Vegas Strip, a place renowned for its dazzling lights and high stakes, the wheels of change are turning once more. The Casino Royale and the venerable Tropicana are slated for demolition to make way for ambitious new developments, including a towering 699-foot-tall resort casino and possibly a new stadium for the Oakland…
Land-based
Las Vegas Strip Braces for Change: Casino Royale and Tropicana to Be Replaced by Mega-Resort and Athletics Stadium
Jackson Progress Argus

Las Vegas Strip losing an iconic casino (and maybe more)

The Las Vegas Strip has not seen an implosion since Riviera in 2016, which was removed in order to enlarge the Las Vegas Convention Center. At one time, they were fairly common as the Aladdin (now Caesars Entertainment's Planet Hollywood) faced implosion in the 1990s, and El Rancho, Desert Inn, Castaways, the Boardwalk Stardust, and Frontier all…
Land-based
Las Vegas Strip losing an iconic casino (and maybe more)
Review Journal

Which hotels in Las Vegas don’t charge resort fees?

Frequent travelers to Las Vegas often vocalize their dislike for something at nearly every hotel on the Strip: resort fees. Direct booking and travel service sites don't include this additional fee - sometimes up to $50 - in the advertised room rate for resorts on and around the Strip, but almost all properties now have the additional…
Land-based
Which hotels in Las Vegas don’t charge resort fees?
Review Journal

Wynn Las Vegas raises resort fees to $50 daily

Another Las Vegas resort company is raising its resort fees. Wynn Resorts has increased the daily fee to $50 plus tax, according to the resort's website. The increase applies to reservations booked on or after Jan. 24, the policy states. Reservations booked before then will be charged $45 daily plus tax. Resort fees - commonly added to room charges…
Travel
Wynn Las Vegas raises resort fees to $50 daily
The Motley Fool

Las Vegas Casinos Are Great, but the Growth Is in Asia

Wynn Resorts (WYNN -0.48%) reported outstanding earnings this week, but the company's growth is going to come from a place far from its Las Vegas home. In this video, Travis Hoium explains why Macao is the future of Wynn Resorts. *Stock prices used were end-of-day prices of Feb. 7, 2024. The video was published on Feb. 8, 2024. Travis Hoium has…
Land-based
Las Vegas Casinos Are Great, but the Growth Is in Asia
South China Morning Post

Casino operator Wynn Resorts beats fourth-quarter profit estimates on improved Las Vegas, Macau performance

Wynn Resorts, the controlling shareholder of Wynn Macau, beat fourth-quarter profit estimates on stronger gaming, luxury retail and hotel bookings at its Macau and Las Vegas properties. The company posted adjusted profit of US$1.91 per share, exceeding analysts' estimates of US$1.15, according to LSEG Data & Analytics. Operating revenue came in at…
Travel
Casino operator Wynn Resorts beats fourth-quarter profit estimates on improved Las Vegas, Macau performance
Newser

Union Reaches Deal With Las Vegas Hotel-Casinos

A union representing hospitality workers says it has reached a tentative agreement with six more hotel-casinos in downtown Las Vegas and called off a strike deadline for another. The agreements averted a Monday morning walkout as the city kicks off Super Bowl week. The Culinary Workers Union announced Saturday that it had reached a tentative…
Land-based
Union Reaches Deal With Las Vegas Hotel-Casinos
Fox 5 Vegas

Las Vegas Culinary Union avoids strike after agreeing with properties on new contracts

LAS VEGAS, Nev. (FOX5) - Ahead of a Monday morning strike deadline, the Culinary Union announced deals over the weekend with several Downtown Las Vegas properties, and said they will not go on strike, even though workers at one Las Vegas resort do not have a contract. On Sunday night, the union announced a tentative five-year agreement with the…
Land-based
Portland Press Herald

Strike averted as hospitality union settles with Las Vegas hotel-casinos before Super Bowl week

The union announced last week that it would go on strike if tentative contracts weren't in place by 5 a.m. Monday. Posted Updated 2 min read Font size+ LAS VEGAS - A union representing hospitality workers says it has reached a tentative agreement with six more hotel-casinos in downtown Las Vegas and called off a strike deadline for another. The…
Land-based
Strike averted as hospitality union settles with Las Vegas hotel-casinos before Super Bowl week
Review Journal

Las Vegas hospitality workers won’t strike before Super Bowl

Culinary Local 226 said it has struck deals with nearly all remaining unsettled hotel-casinos - and called off a strike deadline for one - averting a Monday morning walkout threat at several near-Strip and downtown properties. The last tentative agreement was reached between the hospitality union and Downtown Grand, representing about 200 workers,…
NFL
Las Vegas hospitality workers won’t strike before Super Bowl
Market Watch

Strike averted as culinary union settles with Las Vegas hotel-casinos

LAS VEGAS - A union representing hospitality workers says it has reached a tentative agreement with six more hotel-casinos in downtown Las Vegas and called off a strike deadline for another. The agreements averted a Monday morning walkout as the city kicks off Super Bowl week. The Culinary Workers Union announced Saturday that it had reached a…
Land-based
Strike averted as culinary union settles with Las Vegas hotel-casinos
ABC News

Culinary union reaches tentative contracts with Las Vegas casinos ahead of Super Bowl

A union representing hospitality workers says it has reached a tentative agreement with six more hotel-casinos in downtown Las Vegas and called off a strike deadline for another LAS VEGAS -- A union representing hospitality workers says it has reached a tentative agreement with six more hotel-casinos in downtown Las Vegas and called off a strike…
Land-based
Culinary union reaches tentative contracts with Las Vegas casinos ahead of Super Bowl
Star Advertiser

4 hotel-casinos reach union deals, 3 others poised to strike

LAS VEGAS >> A union representing hospitality workers has reached a tentative agreement with four hotel-casinos in downtown Las Vegas as employees at three other properties remained poised to strike Monday when the city kicks off Super Bowl week. By Saturday morning, the Culinary Workers Union had announced it had reached a tentative five-year…
Land-based
4 hotel-casinos reach union deals, 3 others poised to strike
Vegas Inc

Culinary reaches deals with 3 Las Vegas casinos

An exterior view of the Golden Gate hotel-casino in downtown Las Vegas Thursday, Jan. 18, 2024. The casino opened as Hotel Nevada with 10 rooms on Jan. 18, 1906. Thursday, Feb. 1, 2024 | 8:40 p.m. Three more Las Vegas properties have come to an agreement with the Culinary Workers Union on a new five-year contract for hospitality workers, the union…
Land-based
Culinary reaches deals with 3 Las Vegas casinos
Yogonet

Las Vegas: Culinary Union clinches 5-year labor deal with Circus Circus, negotiations continue with 15 other casinos

The Culinary Union has reached a tentative agreement with Circus Circus Hotel & Casino Las Vegas, marking another development in its ongoing labor negotiations with properties across the gambling mecca. The new 5-year deal is set to impact nearly 700 workers associated with the establishment. The union said a Circus Circus contract ratification…
Land-based
Las Vegas: Culinary Union clinches 5-year labor deal with Circus Circus, negotiations continue with 15 other casinos
Card Player

Las Vegas Casino Culinary Workers Set Strike Deadline

After avoiding a strike in November that could have seen 30000 Las Vegas casino workers walk off the job, another labor dispute could be on the horizon by the Culinary and Bartenders Unions. However, after setting a Feb. 2 deadline to reach a deal with casinos, the union has at least announced preliminary agreements with two properties of 21…
Land-based
Las Vegas Casino Culinary Workers Set Strike Deadline
8 News Now

Culinary Union workers picket as contract negotiations continue with 19 Las Vegas casino properties

LAS VEGAS (KLAS) - The Culinary Union held demonstrations on the Las Vegas Strip Friday as 7000 workers continue to fight for new five-year contracts. It is part of the union's latest negotiations with 19 remaining properties on the Strip and downtown. Passionate chants were heard in front of Sahara Las Vegas and The Strat as workers held signs and…
Land-based
Culinary Union workers picket as contract negotiations continue with 19 Las Vegas casino properties
Fox 5 Vegas

Culinary Union announces tentative agreement with Trump Hotel Las Vegas

LAS VEGAS, Nev. (FOX5) - The Culinary Union announced early Thursday morning that it reached a tentative agreement with Trump Hotel Las Vegas for 350 hospitality workers at the property. "Congratulations to Trump Las Vegas workers on winning the BEST CONTRACT EVER!" the union said in a statement on social media, saying the agreement came after 16…
Land-based
Culinary Union announces tentative agreement with Trump Hotel Las Vegas
MDJOnline

As Las Vegas prospects improve, this casino giant's stock gets an upgrade

For years, Las Vegas has been a place of dreams of fun, innocent or otherwise. Increasingly, in fact, what happens in Vegas has become part of the national discussion. In addition to its casinos, Las Vegas sports the reigning NHL Stanley Cup champ Las Vegas Golden Knights. The Oakland Athletics are committed to move to Nevada. And the NFL Raiders…
Travel
As Las Vegas prospects improve, this casino giant's stock gets an upgrade
Bristol Herald Courier

Another major Las Vegas Strip casino project at risk of cancellation

New hotel casino projects on the Las Vegas Strip can sometimes take more than a decade complete or even get underway. One marathon development on the Strip was the Fontainebleau Las Vegas hotel and casino. The Fontainebleau's development history began in 2007, but soon after that the Great Recession hit, forcing the project into bankruptcy and…
Land-based
Another major Las Vegas Strip casino project at risk of cancellation
Review Journal

Las Vegas projects to watch in 2024

With two casino-resort openings and a Major League Baseball team announcing plans to relocate to Las Vegas in 2023, the new year has some big shoes to fill. But there are many significant projects in the early stages that could move forward in 2024. And, of course, we all want to know if projects such as the Atari Hotel will really happen. Here are…
Land-based
Las Vegas projects to watch in 2024
Fox 5 Vegas

Culinary Union sets February 2nd strike deadline for 21 Strip, Downtown resort-casinos

LAS VEGAS, Nev. (FOX5) - The Culinary and Bartenders Unions on Monday set a February 2nd strike deadline for the more than 20 Las Vegas Strip and Downtown properties with which they have yet to reach a new contract. Unless a satisfactory deal is reached by 5 pm on that date, some 7700 workers will walk off the job. However, Culinary Workers Union…
Land-based
Culinary Union sets February 2nd strike deadline for 21 Strip, Downtown resort-casinos
Seeking Alpha

Las Vegas casinos look to ride hot streak into 2024

Las Vegas Strip casinos begin the new year on a hot streak after the F1 Formula race on the Las Vegas Strip in November provided a significant boost to the region and new openings in December created strong buzz. Las Vegas Strip gross gaming revenue jumped 22.6% year-over-year to $821M, which was the highest ever for the typically slow month and…
Land-based
Review Journal

Union in negotiations with downtown, independent Strip casinos

Culinary Local 226 officials say they are still negotiating with 21 Las Vegas-area hotel-casinos for a new five-year contract for more than 7000 workers. Hospitality workers at 21 downtown Las Vegas and independent Strip hotel-casinos, plus two more in Northern Nevada, are working without a contract, which expired on June 1, according to the union.…
Land-based
The Globe and Mail

The house always wins, which makes casino stocks a good bet

There's an old and irrefutable saying: "The house always wins." It refers to the fact that casinos and online betting sites consistently make money, while gamblers almost always end up losing sooner or later. A 2013 study by The Wall Street Journal estimated that 13.5 per cent of players that go to physical casinos come out ahead. Few of those…
Finance
The house always wins, which makes casino stocks a good bet
Forbes

Casino Stocks Rally As Macau Gambling Revenues Come In Strong

You'll be asked to sign into your Forbes account.Got it While investors greeted the first day of 2023 trading with big selling in classic tech favorites like Apple and Advanced Micro Devices, buyers showed up in large numbers among the classic casino names. This, after Macau reported "gross gaming revenues" increased 333% in 2023 versus 2022. Those…
Finance
Casino Stocks Rally As Macau Gambling Revenues Come In Strong
8 News Now

Man behind Peppermill brand dies at 85; famous Las Vegas lounge, Reno hotel his legacy

LAS VEGAS (KLAS) - The founder of Peppermill Casinos Inc., the company behind the iconic Peppermill Restaurant and Fireside Lounge on the Las Vegas Strip, has died at the age of 85. Bill Paganetti's death was announced in a company news release on Friday. "A native of Petaluma, California, Bill, alongside his lifelong friend, Nat Carasali,…
Industry
Man behind Peppermill brand dies at 85; famous Las Vegas lounge, Reno hotel his legacy
Review Journal

Las Vegas may have had it’s best year ever in 2023

It's hard to argue against the position that Las Vegas had its most successful year in its history in 2023. And what do you do after one successful run? Come back for more. That's what local gaming and tourism analysts figure will happen in 2024 after wrapping up a year filled with record gaming revenue and union contract signings, airport…
Travel
Las Vegas may have had it’s best year ever in 2023
businesspress.vegas

Gaming attorney Frank Schreck bullish on casino industry

The dean of Nevada's gaming attorneys said the casino industry couldn't be doing much better and sees nothing slowing it down in 2024 as the state is on pace for record gambling revenue in 2023. The latest economic reports have turned positive with impressive GDP growth, the Federal Reserve contemplating rate cuts as the rate of inflation…
Industry
Gaming attorney Frank Schreck bullish on casino industry
KTNV Las Vegas

Culinary Union eyes finish line for Las Vegas casino worker labor deals

LAS VEGAS (KTNV) - Some Las Vegas casinos still face the threat of possible worker strikes, even though the biggest three casino companies locked in new labor deals last month. This week, the Culinary Union - the body that represents close to 50000 workers on the Las Vegas Strip - announced labor deals for workers at the Mirage and the Tropicana,…
Land-based
Culinary Union eyes finish line for Las Vegas casino worker labor deals
Trip Pub

Las Vegas Sands eyes Nassau Coliseum site for new casino

There's a new entry in New York's high-stakes competition for one of three downstate casino licenses. Las Vegas Sands is looking to set up a multibillion-dollar casino at the Nassau Veterans Memorial Coliseum site on Long Island. The gaming juggernaut is the latest entry into the fray, joining about half a dozen other firms since Albany said it…
Industry
Las Vegas Sands eyes Nassau Coliseum site for new casino
Seeking Alpha

Blockbuster Las Vegas Strip casino resort opens after long wait

The long wait for the opening of the Fontainebleau Las Vegas casino on the Strip is finally over, as the first customers will visit the resort on Wednesday night. The 67-story luxury resort and casino is reported to be the tallest occupiable building in Nevada and includes 3644 rooms and suites, a 14000-square-foot fitness center, a…
Land-based
Blockbuster Las Vegas Strip casino resort opens after long wait
Politico

The race is on to build a casino in New York City

New York state has a ban on new casinos until 2023, but Gov. Kathy Hochul wants to end that moratorium this year, allowing up to three casinos to open downstate. And already nine gambling giants are eager to bid on the contracts and are likely to offer grandiose plans for casinos, hotels and entertainment venues to boost their proposals. Some are…
Travel
The race is on to build a casino in New York City
iGaming Business

MGM reveals plans for full-scale commercial casino in New York

Located in the Yonkers region of New York, the Empire City Casino currently operates as a video lottery racino. The MGM venue offers slots and various table games, as well as harness racing betting and international simulcasting. However, MGM is seeking to transform the facility into a much larger venue with a range of facilities. These would…
Land-based
MGM reveals plans for full-scale commercial casino in New York
Reuters

Las Vegas hospitality unions ratify contract with Wynn Resorts

Nov 22 (Reuters) - Unions representing hospitality staff in Las Vegas said on Wednesday that workers employed at Wynn Resorts (WYNN.O) have voted in favor to ratify a new five-year contract, days after similar moves by its competitors Caesars Entertainment (CZR.O) and MGM Resorts International (MGM.N). The unions, which represent about 5000…
Travel
Las Vegas hospitality unions ratify contract with Wynn Resorts
cleanlink.com

Update: Agreement Struck Between Union, Vegas Casinos Hours Before Deadline

In an effort to pressure employers into providing improved pay, healthcare benefits, safety procedures and job security, thousands of industry workers based in Las Vegas gathered Oct. 12 on the Vegas Strip. As reported by Eater Vegas' Janna Karel, the employees represent Culinary Workers Union Local 226 and the protests are aimed at three…
Travel
Update: Agreement Struck Between Union, Vegas Casinos Hours Before Deadline
Union Bulletin

Las Vegas union hotel workers ratify Caesars contract

LAS VEGAS (AP) - Las Vegas hotel union workers voted overwhelmingly Monday to approve their contract agreement with casino giant Caesars Entertainment, signaling an end to lengthy labor disputes that had brought the threat of a historic strike to the Strip. The Culinary Workers Union announced on X, the platform formerly known as Twitter, that 99%…
Land-based
Las Vegas union hotel workers ratify Caesars contract
Bristol Herald Courier

These Las Vegas Strip resort casinos face cleanliness concerns

Over the past 15 years, bed bug infiltrations have accelerated at resort hotels in major cities across the country. Occasionally, pest exterminator trucks have been spotted in front of some of the finest hotels in such cities as New York, Los Angeles and Chicago. In 2022, the top five cities in the nation for both commercial and residential bed bug…
Land-based
These Las Vegas Strip resort casinos face cleanliness concerns
Seeking Alpha

Oakland A's move to Las Vegas is called a positive for some casino stocks (NYSE:BALY)

The Oakland A's Major League Baseball team is officially on the move to Las Vegas after the owners voted unanimously to approve the relocation of the team from the Bay Area. Earlier in the year, the A's had reached an agreement with Bally's (NYSE: BALY) to build a $1.5B, 30K-seat stadium on 35 acres of the Tropicana Las Vegas site. The stadium is…
Finance
Oakland A's move to Las Vegas is called a positive for some casino stocks (NYSE:BALY)
Review Journal

Culinary negotiations with three casino companies were predictable

Following the Culinary union's negotiation process with three major casino companies was like watching the movie "Titanic." Once the union struck its deal with Caesars Entertainment Inc. on Nov. 7, everybody who has ever seen the union in action knew other companies would fall in line, just as surely as everybody who has seen the 1997 James Cameron…
Travel
Culinary negotiations with three casino companies were predictable
The Nevada Independent

Indy Gaming: Judge says New York county erred in leasing site for Sands’ proposed $5B resort

An analyst said the decision is the least of the problems troubling the state's slow process to approve New York City-area casinos. 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,…
Travel
Indy Gaming: Judge says New York county erred in leasing site for Sands’ proposed $5B resort
Grandprix 247

Las Vegas avoids hospitality workers strike

The new five-year agreement covers 5000 employees at two Wynn Resorts properties and follows similar deals for 35500 workers with rivals Caesars Entertainment and MGM Resorts International earlier this week. U.S. President Joe Biden hailed the deals on Friday and congratulated the unions, he said in a statement: "This agreement will help give all…
Travel
Las Vegas avoids hospitality workers strike
Card Player

Las Vegas Casinos Avoid Labor Strikes With New Union Deals

After facing a Friday strike deadline, Las Vegas's three largest casino companies reached agreements this week with members of the Culinary and Bartenders union. Representatives reached tentative five-year deals with Caesars Entertainment on Wednesday, MGM Resorts on Thursday, and Wynn Resorts three hours before the Friday deadline. The deals…
Land-based
Las Vegas Casinos Avoid Labor Strikes With New Union Deals
CNN

Latest Las Vegas labor deal ends threat of huge hotel strike

Friday morning in Las Vegas saw labor peace, and not a threatened strike along the Strip, as the Culinary union has reached its third tentative labor deal in three days with a casino operator. The union that represents more than 35000 cooks, food servers, bartenders, housekeepers and other workers at 18 major casinos had threatened to wage the…
Incidents
Latest Las Vegas labor deal ends threat of huge hotel strike
8 News Now

Unions reveal deals with major Las Vegas casino companies after strike averted

LAS VEGAS (KLAS) - Las Vegas union representatives released more details of tentative contract agreements made with Caesars Entertainment, MGM Resorts, and Wynn Resorts on Friday. After months of negotiations and demonstrations, The Culinary and Bartenders Unions spoke to media members about deals struck ahead of this week's strike deadline. "It…
Land-based
Unions reveal deals with major Las Vegas casino companies after strike averted
CBS News

Las Vegas hotel and casino workers reach tentative deals to avoid strike

Over seven months of tense negotiations, mandatory daily room cleanings underscored the big issues that Las Vegas union hotel workers were fighting to address in their first contracts since the pandemic: job security, better working conditions and safety while on the job. From the onset of bargaining, Ted Pappageorge, the chief contract negotiator…
Land-based
Las Vegas hotel and casino workers reach tentative deals to avoid strike
The Wall Street Journal

Las Vegas Strip Workers Forge Tentative New Labor Deals With Casinos

Las Vegas Strip casino workers and three gambling companies struck labor contract deals this week after months of negotiations, narrowly avoiding a strike ahead of the high-stakes Formula One race weekend in the city. The Culinary and Bartenders unions had set a Friday strike deadline to reach deals for about 35000 workers at MGM Resorts, Caesars…
Land-based
Las Vegas Strip Workers Forge Tentative New Labor Deals With Casinos
Fox Business

Caesars averts strike as casino operator, Las Vegas unions reach deal

The unions representing hospitality workers in Las Vegas reached a tentative deal with Caesars Entertainment for a new labor contract covering about 10000 employees on Wednesday, two days before a strike deadline. The negotiations come as unions across industries press employers for better pay and benefits, buoyed by a shortage of workers. Casino…
Travel
Caesars averts strike as casino operator, Las Vegas unions reach deal
Forbes

Last Las Vegas Casino Reaches Agreement With Union Hours Before Strike Deadline In Time For Formula 1 Weekend

You'll be asked to sign into your Forbes account. With hours to go before a strike deadline,Las Vegas hospitality workers reached a tentative agreement with Wynn Resorts on Friday, avoiding a strike that could have coincided with the upcoming Formula 1 Las Vegas Grand Prix weekend which is expected to draw in over 100000 spectators. The Culinary…
Land-based
Last Las Vegas Casino Reaches Agreement With Union Hours Before Strike Deadline In Time For Formula 1 Weekend
Reuters

Wynn Resorts reaches deal with Las Vegas unions, avoiding strike

Nov 10 (Reuters) - Hospitality workers in Las Vegas reached a tentative labor deal with Wynn Resorts (WYNN.O) hours before a strike deadline, their unions said on Friday, ending the threat of a labor stoppage against casino operators that could have crippled tourism in the city. The new five-year agreement covers 5000 employees at two Wynn Resorts…
Travel
Wynn Resorts reaches deal with Las Vegas unions, avoiding strike
news.bloomberglaw.com

Las Vegas Strike Averted as Hoteliers Round Out Labor Deals (1)

Nov. 10, 2023, 3:06 PM UTC Three Las Vegas casino companies have reached labor deals with the city's most powerful hospitality workers union, ending the threat of a strike in one of the nation's hottest tourist destinations. <-bsp-bb-link>Culinary Workers Union Local 226 said it reached a new five-year contract agreement with Wynn Resorts&hellip;
Land-based
Las Vegas Strike Averted as Hoteliers Round Out Labor Deals (1)
NBC News

MGM Resorts reaches labor deal with Las Vegas unions, averts strike

The MGM Grand hotel and casino in Las Vegas on July 28.Bridget Bennett / Bloomberg via Getty Images / Source: Reuters The unions representing hospitality workers in Las Vegas on Thursday reached a tentative deal with MGM Resorts International for a new contract covering nearly 25400 employees, less than 24 hours before a strike threatened to shut&hellip;
Land-based
MGM Resorts reaches labor deal with Las Vegas unions, averts strike
CNN

Another labor deal averts strike at 8 more Vegas casinos

The Culinary union has reached a deal with MGM Resorts International covering 25400 members, averting a strike at eight casinos that had been set to start Friday. The deal, announced in a by the union, comes a day after a similar deal was reached with Caesars Entertainment that averted a strike by 10000 other union members at nine casinos operated&hellip;
Land-based
Another labor deal averts strike at 8 more Vegas casinos
ABC News

MGM CEO: Tentative deal to avoid strike will be reached with Las Vegas hotel workers

LAS VEGAS -- MGM Resorts International, the largest employer on the Las Vegas Strip, has joined rival Caesars Entertainment in reaching a tentative deal with the Las Vegas hotel workers union to narrowly avert a sweeping strike. Taken together, the pending agreements cover more than 30000 hospitality union workers who had threatened to walk out in&hellip;
Land-based
MGM CEO: Tentative deal to avoid strike will be reached with Las Vegas hotel workers
CNN

Tentative deal reached to avert walkouts at half of Vegas casinos set to strike

A tentative five-year labor deal has been reached between the Culinary union and Caesars Entertainment to avert a potential strike at its nine casinos along the Las Vegas Strip, although nine other casinos still face possible walkouts come Friday morning. The details of the agreement, which was announced in a by the union, are not yet available,&hellip;
Land-based
Tentative deal reached to avert walkouts at half of Vegas casinos set to strike
CNBC

Caesars averts strike as casino operator in deal with Las Vegas unions

The unions representing hospitality workers in Las Vegas reached a tentative deal with Caesars Entertainment for a new labor contract covering about 10000 employees on Wednesday, two days before a strike deadline was set to expire. The Culinary Workers and Bartenders Unions said the five-year contract would cover workers including attendants,&hellip;
Travel
Caesars averts strike as casino operator in deal with Las Vegas unions
AP News

Las Vegas hotel workers union reaches tentative deal with Caesars

LAS VEGAS (AP) - The labor union representing tens of thousands of Las Vegas hospitality workers announced Wednesday that it has reached a tentative deal with casino giant Caesars Entertainment, a major breakthrough that could help avert an unprecedented strike at more than a dozen hotel-casinos on the Las Vegas Strip. The announcement came after&hellip;
Land-based
Las Vegas hotel workers union reaches tentative deal with Caesars
news.bloomberglaw.com

Caesars, Las Vegas Workers Reach Deal Easing Strike Threat (1)

A powerful Las Vegas hospitality union struck an agreement with casino owner Caesars Entertainment Inc., the first breakthrough in a months-long labor standoff that threatened to upend one of the nation's largest tourist economies just before it hosts a major grand prix and the Super Bowl. Culinary Workers Union Local 226 said Wednesday it had&hellip;
Incidents
Caesars, Las Vegas Workers Reach Deal Easing Strike Threat (1)
Review Journal

Which Las Vegas resorts won’t strike?

If you're traveling to the Strip later this week, you may run across workers picketing in front of major resorts. That's because Culinary Local 226 - representing 53000 hospitality workers in Las Vegas - is threatening to strike at 5 a.m. Friday at 18 properties owned by three major operators. About 35000 workers at resort-casinos operated by MGM&hellip;
Travel
Which Las Vegas resorts won’t strike?