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Kimberly De La Cruz Archives
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Kimberly De La Cruz
 
 

Riviera ends 60 years on Strip, closes for good

5 May 2015
In a surrealistic, you-don’t-see-that-everyday kind of way, the storied Riviera Hotel and Casino, a fixture on the north end of the Strip for 60 years, closed its doors for good Monday. Representatives of Paragon Gaming, the company managing the property for its previous owners, Starwood Capital Group, ... (read more)
 

Long-time employees recall Riviera's golden days

4 May 2015
Seven days a week, two to three times a day, Charles “Chuck” DiLaura played his upright bass behind some of the biggest music acts of the mid-to-late 1960s in the lounge of the Riviera Hotel and Casino. “The lounges were packed. You could say ‘sold out,’  ” he said, remembering the casino, in all its glory. ... (read more)
 

Penn National to buy Tropicana for $360 million

30 April 2015
Penn National Gaming on Wednesday announced an agreement to acquire the Tropicana Las Vegas. The Strip hotel-casino on 35 acres at Tropicana Boulevard will be purchased for $360 million from its shareholders, the largest of which is a partnership between Onex and Alex Yemenidijan. It’s the largest acquisition for the company since its 2011 purchase of the M Resort in Henderson. ... (read more)
 

Caesars Horseshoe in Baltimore curtailing hours for curfew

30 April 2015
Caesars Entertainment’s The Horseshoe Casino Baltimore is closing overnight to meet the city’s 10 p.m. curfew prompted by riots related to the death of Freddie Gray. The normally 24-hour casino will close at 9 p.m. and reopen at 8 a.m. while the curfew is in effect, The Baltimore Sun reports. Baltimore ... (read more)
 

Revenues, profits down for Las Vegas Sands Corp.

24 April 2015
Las Vegas Sands Corp. revenues dropped below forecast nearly 25 percent in the first quarter of 2015. The company announced Wednesday its revenue for the quarter, which ended March 31, fell 24.9 percent to $3.01 billion compared with $4.01 billion in the first quarter of 2014. Net income was $511.9 million compared with $776 million in the first quarter of 2014. ... (read more)
 

State senator says percentages favor New Jersey sports betting

17 April 2015
A New Jersey state senator seems to think the odds favor statewide sports betting in the Garden State. The state senator, Democrat Raymond Lesniak, predicted Thursday in Las Vegas that there is an 85 to 90 percent chance that a June court ruling will either allow or guide the way to legal sports betting in New Jersey. ... (read more)

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