Featured Articles Archive - Page 125

Inside Gaming: Nevada AG describes 'nuances' in his position on RAWA

Nevada Attorney General Adam Laxalt didn't back away from adding his name to a letter circulated by an attorneys general group offering support for federal efforts to restore the Interstate Wire Act back to its pre-2011 interpretation.But the state's top prosecutor Tuesday outlined "some nuances in my own position."Laxalt sent a separate letter to congressional leaders ahead of Wednesday's scheduled House Committee on Oversight and Government Reform hearing on the Wire Act legislation in Washington, D.C...read more

Sports betting pioneer Salerno applies for Nevada gaming license for DFS

Race and sportsbook pioneer Vic Salerno has applied for a Nevada gaming license to manage a daily fantasy sports business that operates off a platform similar to pari-mutuel wagering.The system would allow his Nevada-based company to accept daily fantasy sports wagers from Nevada and other states that have similar laws in place.Salerno applied for an off-track, pari-mutuel sports system operator's license for his company, US Fantasy, to be the first to offer betting on fantasy sports contests through Nevada casinos...read more

Steve Wynn buys 1 million shares of his company's stock

Wynn Resorts Ltd. said Tuesday that Chairman and CEO Steve Wynn spent roughly $63.8 million to acquire more than 1 million shares of his company's stock on the open market.In a filing with the Securities and Exchange Commission, the company said Wynn, 73, bought 1,003,977 shares on the Nasdaq open market between Friday and Tuesday at prices that ranged from $62.41 per share to $64.44 per share.Wynn Resorts said the company's founder, who was already its largest stockholder, now controls directly and indirectly 11.07 million shares...read more

Caesars' bankrupt operating division reports $23.1 million profit in October

Caesars Entertainment Corp.'s bankrupt operating division reported a net income of $23.1 million during October, according to a securities filing Monday.Because its Chapter 11 bankruptcy filing in January, Caesars Entertainment Operating Co...read more

Culinary union calls for contract talks after Trump workers vote for union

A majority of workers at the Trump International Hotel Las Vegas voted for union representation, setting up potential contract talks between the nongaming hotel owned by billionaire Donald Trump and Las Vegas's largest labor group.Culinary Local 226 said Monday a majority of the hotel's 500 employees eligible in the union's bargaining units voted in favor of union representation during elections sponsored by the National Labor Relations Board on Dec...read more

Sports bettors savor upgrades at Westgate Las Vegas SuperBook

LAS VEGAS – It's a football Saturday in November and, as usual, the newly renovated race and sportsbook inside Westgate Las Vegas Resort & Casino is bustling. Seating is at capacity, and steady lines of bettors flood the recently minted ticket counters...read more

Top 10 impressions of the Twin River poker room

I've lived in New England for eight years and my wife's family lives in Rhode Island, but until last week I had never stepped foot inside Twin River Casino in Lincoln. See, while I am certainly a "gambling enthusiast," I really don't care much for slot machines or other table games...read more

Inside Gaming: Acquisition boosts prospects for slot machine maker

It's hard to miss Ainsworth Game Technology's new North American headquarters. The 291,000-square-foot building, currently under construction in the southwest valley along the 215 Beltway near South Jones Boulevard, is already emblazoned with the red Ainsworth "A" logo.The Australian-based slot machine producer took a significant step last month to begin filling the two-story office, manufacturing and warehouse facility.Ainsworth will $38 million to acquire Nova Technologies, a small South Carolina-based slot machine company that provides games to the Indian casino market...read more

American Gaming Association wants to hear presidential candidates' stances on gaming

After encouraging presidential candidates this summer to be aware of gaming issues, the American Gaming Association now wants to learn their actual stances.The Washington, D.C.-based trade organization sent a questionnaire this week to all the current Republican and Democratic candidates for president, seeking their positions on everything from daily fantasy sports, illegal gambling, regulation, tourism and proposed Internal Revenue Service changes on tracking the activities of casino customers.The AGA will use the information gathered from the questionnaire to compile a voter guide that will be distributed to some 1 million gaming employees, casino industry vendors and ancillary services across 40 states before voting begins with the Iowa caucuses on Feb...read more

Boyd announces plans to redesign California Hotel

Boyd Gaming Corp. on Thursday announced an extensive redesign of its downtown California Hotel & Casino that will give the resort that caters predominantly to a Hawaiian customer base a new look to its public areas and hotel rooms.The company did not reveal a price for the remodel, call it a "multi-million-dollar" renovation.The 40-year-old property was the company's first downtown casino and is part of a reinvestment Boyd Gaming has undertaken to its resorts in Las Vegas and regional markets."We are proud to continue reinvesting in the place where our company was born," Boyd Gaming Executive Chairman Bill Boyd said in a statement.Earlier this year, Boyd Gaming opened the California Noodle House inside the property.In addition to new interiors throughout the casino and public areas, Boyd will upgrade and redesign the California's 500 hotel rooms and suites...read more