Author: Alec
‘Cool’ second quarter earnings marked by operator introspection: analyst
Quarterly earnings reports so far have been positive, according to Jefferies Equity Research analyst David Katz in a July 27 investor note.... more
Dotty’s slot parlor reimbursed nearly $5M for overpayment of Nevada gaming taxes
Less than a year after paying Dotty’s slot parlor chain $3.1 million for overpayment of gaming taxes, the Nevada Gaming Commission voted to... more
Seeking unlimited Nevada license, Aruze Gaming granted five years
Aruze Gaming Global made its pitch to Nevada regulators for an unlimited gaming license, but the Gaming Commission instead opted for a... more
Tribal leaders step up opposition to federal budget cuts, worry about financial pressure on Indian Country and gaming
As Congress weighs further budget cuts to Indian Country that would put more pressure on tribal revenue sources such as gaming, Native... more
Las Vegas Sands cites underperformance in Macau that it is addressing
While touting the record-setting performance at the Marina Bay Sands in Singapore, Las Vegas Sands executives said its properties in Macau... more
Las Vegas Sands reports gains in revenue and adjusted earnings in Q2, continues stock buybacks
Led by record performance in Singapore, Las Vegas Sands reported year-over-year gains in net revenue, net income and adjusted property... more
Inside the high-stakes battle to win a New York City casino license
NEW YORK (AP) — A Caesars Palace casino in the heart of Times Square. A sprawling gambling hall along Coney Island’s iconic boardwalk. A... more
Senate Republicans block attempt to roll back tax hike on professional gamblers
WASHINGTON (AP) — Senate Republicans on Thursday blocked an attempt to reverse a little-noticed provision from their tax and spending cuts... more
Guardians’ Luis Ortiz subject of MLB gambling investigation, placed on leave
Cleveland Guardians pitcher Luis Ortiz is the subject of a Major League Baseball gambling investigation and was placed on non-disciplinary... more
F1 Las Vegas Grand Prix extended through 2027 after a roller-coaster start
The Las Vegas Grand Prix received a two-year contract extension that keeps the race that runs down the iconic Strip on the calendar through... more


