 | A bill authorizing ride-hailing companies like Uber and Lyft to operate in Nevada won approval early Saturday in the Nevada Legislature. The governor is expected to sign the bill into law.
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Land and Buildings Investment Management says "substantial insider shareholders" were resistant to changing the company's board.
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Goldman Sachs gaming analyst Steven Kent has downgraded his stock price projections for Wynn Resorts, Las Vegas Sands. and MGM Resorts, which all have a major presence in Macau.
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The charges stem from an FBI-led raid July 9 at three luxury Caesars Palace villas used in what authorities said was a worldwide multimillion-dollar betting operation.
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Illinois-based Z Capital Partners says Affinity "has seen no meaningful board leadership or value creation for shareholders" since it was created in 2010 following the bankruptcy reorganization of Herbst Gaming.
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The transaction, which is expected to close by the end of the year, not only gives Penn National Gaming its long sought-after address on the Strip, but keeps alive an historic name and a Rat Pack-era property.
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The company becomes the latest Las Vegas operator to leave Nevada Power and purchase its own electricity on the wholesale market, joining Wynn Resorts and Las Vegas Sands.
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A Las Vegas judge ruled Friday that she has jurisdiction over Sands China in a wrongful termination case filed by the company's former president and CEO.
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