 | The casino company's fourth-quarter earnings increased by 18 percent to $1.51 billion from the same quarter last year. In Macau, Wynn's revenue jumped 24.6 percent to $1.11 billion.
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The Gang discusses the variety of Super Bowl prop bets out there and makes some predictions for the big game. They also talk about where to find the best casino games in Las Vegas and the casino scene in Philadelphia, where a new downtown casino is drawing interest.
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Attorney Marc Zwillinger cautioned the Fantasy Sports Trade Association that operators need to focus on their skill-based nature, especially with a recent push to expand the federal Wire Act and make it apply to fantasy sports.
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State gaming revenues in 2013 topped $11 billion, thanks to $1.6 billion in revenue from baccarat. The increase of 16.2 percent from 2012 set a single-year record for the game.
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After six weeks of back-and-forth rhetoric, a new 10-year agreement was announced Jan. 24 to keep the NFR in Las Vegas through 2024.
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Buoyed by a 28 percent increase in revenue from its Macau subsidiary during the fourth quarter, the casino operator grew profits by 32.8 percent companywide for the three-month period ended Dec. 31.
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The five-year agreement covers wages and benefits for many nongaming positions at the company's Strip resorts, including food and beverage workers, guest room attendants, bell department, porters and others.
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Chary replaces David Lopez, who resigned as CEO to "pursue a new career opportunity," the Las Vegas-based cash management company said.
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Caesars announced a third name in less than a year for the Strip casino that originally was opened as the Barbary Coast.
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John Grochowski: 
