Las Vegas Sun

August 21, 2018

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Gaming

From its roots in turn-of-the-century card clubs and windswept hotels in the 1940s to the world’s most expensive and elaborate resorts, Nevada’s gaming industry has defied explanation, fueling the growth of the newest major city in America.

This $13 billion industry now funds nearly half of the state budget and is rapidly becoming a global enterprise, firmly establishing Las Vegas-style casinos as an icon of capitalism and pop culture. Turn here for the latest news, insights, analysis and observations on this dynamic industry.

Photo: Cleveland Browns running back Duke Johnson (29) ru
Browns attracting high number of bets in Las Vegas
Tuesday, August 21, 2018
Sportsbooks struggled to attract any action on the Cleveland Browns from the betting public the past two years. That changed this ...
SLS to assume control of W hotel
SLS to assume control of W hotel
Thursday, August 16, 2018
The W hotel brand is leaving the Las Vegas Strip. The SLS casino-hotel on Wednesday announced it will assume control of the W Las Vegas, which currently occupies ...
Photo: A clerk at the new sports book at Harrah's casino
New Jersey takes in $40.6 million in sports bets in July
Tuesday, August 14, 2018
Sports betting is off and running in New Jersey, with three casinos and two racetracks taking in $40.6 million in wagers in July, the first full month it was legal ...
Nevada nears new sexual harassment policies at casinos
Wednesday, August 8, 2018
Nevada's chief gambling regulator said Wednesday she's been encouraged by the input she's received from casino executives and workers as the state's Gaming Control Board considers rules addressing sexual harassment in the workplace ...
Photo: Wynn Resorts' new CEO Matt Maddox reacts as he spe
Wynn Resorts adds own CEO, former Deutsche Bank exec to board
Tuesday, August 7, 2018
Casino operator Wynn Resorts has appointed its current CEO and the former CEO of Deutsche Bank to its board of directors ...
Charles Oakley pleads no contest in Las Vegas casino betting case
Charles Oakley pleads no contest in Las Vegas casino betting case
Tuesday, August 7, 2018
Charles Oakley pleaded no contest to a misdemeanor disorderly conduct charge Tuesday morning, his attorney said. The deal with Las Vegas prosecutors eliminated the ...
Photo: In this 2011 photo, Phil Satre, NV Energy chairman
Former Harrah’s exec regrets not expanding to Macau
Saturday, August 4, 2018
One regret Phil Satre has about his 25-year career with Harrah’s Entertainment is that he didn’t take the company into the Macau gaming market. Satre, who spoke Wednesday on Nevada Newsmakers, retired as ...
Photo: The exterior of The MGM Grand seen from Rivea at D
Like competitors, MGM Resorts expects weak third quarter
Thursday, August 2, 2018
Industry analysts grilled MGM Resorts International executives Thursday after the company forecast weak results for the current quarter because — just like its competitors — it expects fewer scheduled entertainment events and lower room rates in Las Vegas this summer. Chairman and CEO Jim Murren pushed back. He highlighted the company's casino revenue from its Las Vegas Strip properties and its ...
Photo: This is the exterior of the Beau Rivage Casino and
Casino sports betting starts today in Mississippi
Wednesday, August 1, 2018
The first sports bet in Mississippi comes today, which is 26 years to the day after the first casino in the state opened in Biloxi in 1992. The initial wagers are expected to be placed simultaneously at about noon at the ...
Photo: Blackjack
Nevada gaming revenue spikes 4.2 percent in June
Tuesday, July 31, 2018
Nevada gaming revenue increased 4.2 percent to $933 million in June compared to the same month a year ago, the state Gaming Control Board reported today. Gaming revenue in Clark County for June was up ...
MGM, Boyd teaming up to offer online gaming
Monday, July 30, 2018
MGM Resorts International and Boyd Gaming are teaming up to offer online gaming. The initiative, which includes sports betting, poker and other casino games, will allow the companies to ...
MGM, Caesars racing to cash in on sports betting market
MGM, Caesars racing to cash in on sports betting market
Monday, July 30, 2018
Two titans of the casino industry are racing to cash in on the newly created U.S. sports betting market, taking steps to expand their footprint and strengthen their positions as more states approve necessary regulations and people become more ...
Photo: Brent Musburger tapes a show at the Vegas Stats &
Philly-area investors bet on Las Vegas sports gambling network being the next CNBC
Wednesday, July 25, 2018
SeventySix Capital, the Conshohocken-based venture capital firm, is placing a bet on the growing sports gambling industry. The firm announced a strategic investment Monday in Vegas Stats & Information Network, a Las Vegas-based media network that ...
San Manuel Casino expansion heats up already hot SoCal market
Wednesday, July 25, 2018
San Manuel Casino will break ground today on a $550 million expansion that will elevate the former San Bernardino County bingo hall into a major player in ...
Photo: This April 24, 2018, aerial photo shows constructi
MGM Springfield ready to roar in new advertising campaign
Tuesday, July 24, 2018
The grand opening of MGM Springfield — a $960 million casino and entertainment complex — is now just a month away, and the gambling giant Monday rolled out a glitzy, multimedia advertising campaign targeting ...
Photo: The exterior of Binion's Gambling Hall and Hotel o
Union, casinos continue to reach labor agreements
Tuesday, July 24, 2018
Casinos in Las Vegas and unionized workers continue to reach labor agreements two months after thousands of housekeepers, bartenders and others threatened to go on strike. Members of the Culinary Union on Monday reached a tentative deal with Four Queens and ...
Atlantis casino in Reno to stop offering plastic straws
Tuesday, July 24, 2018
The Atlantis casino-resort in Reno will stop asking customers if they'd like a plastic straw with their drink ...
World Series of Poker drew record 123,865 players this year
World Series of Poker drew record 123,865 players this year
Monday, July 23, 2018
The World Series of Poker has set an attendance record for the sixth consecutive year. Organizers on Monday announced the 50-day poker extravaganza in ...