 | Las Vegas Sands is now prepared to invest $800 million in its Pennsylvania hotel-casino complex, just one year after putting the property on the market.
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Bodog founder Calvin Ayre, who for years allowed U.S. gamblers to bet on sports, casino games and poker on Bodog.com, despite the fact that U.S. authorities maintained his actions were illegal, has reportedly been targeted for extradition.
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Millennials currently outspend Baby Boomers in their trips to Las Vegas because they don't have many of the expenses — mortgages and car payments, for example — that the city's traditional visitor market has.
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The company said its net income for the third quarter was $671.7 million, compared with $626.7 million in the same quarter a year ago.
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The transaction, which needs approval by Nevada gaming regulators, is the second sale of a small casino by MGM Resorts this year.
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The announcement was viewed positively by stockholders, who are hopeful a settlement at the negotiating table between Caesars and its creditors would keep the company out of bankruptcy court.
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Dan Lee said there is value in Full House, despite comments in an SEC filing that said management "failed stockholders" with "irresponsible stewardship" and a "reckless buying binge."
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Reggie Burton handles communications work for Bank of Nevada and Nevada Restaurant Services — parent company of the Dotty's tavern chain — as well as delving into public policy and advocacy issues, including medical marijuana, Internet gaming and universal background checks for gun ownership.
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Frank Scoblete: 
