Writer: Howard Stutz
Perelman’s $27 million in stock purchases viewed as way to off-set Scientific Games’ sour 2018
SunTrust gaming analyst Barry Jonas called it a “holiday shopping spree.” That’s one way to look at Scientific Games Chairman Ron... more
A decade later, Harry Reid admits he ‘threatened’ banks to save MGM’s CityCenter project
It was a stunning revelation at the time, although his office downplayed it. In 2009, during the heart of the recession, the story went,... more
Federal judge allows Resorts World Las Vegas more time to prove it is not violating Wynn trademarks
Wynn Resorts asked a federal judge in Las Vegas Friday to defer its request for a temporary restraining order to halt construction of the... more
American Gaming Association: DOJ did not have ‘a compelling reason’ to reverse 2011 Wire Act ruling
The American Gaming Association on Friday criticized the U.S. Department of Justice for reinterpreting its 2011 decision concerning the... more
Representative from ‘activist investor’ hedge fund to join MGM Resorts board of directors
The managing partner of an investment firm that owns 3 percent of MGM Resorts International has been appointed to the casino giant’s board... more
Analysis: ‘Tortured effort’ by DOJ attorneys concerning the Wire Act will be decided in federal court
Twenty-four hours after Department of Justice attorneys reversed a 2011 opinion concerning the Federal Wire Act, the gaming industry tried... more
Icahn buying up Caesars stock, but what is his ultimate goal?
Oftentimes, the final intentions of corporate raider Carl Icahn are unclear when he focuses on the stock of a troubled company. Name an... more
DOJ reverses 2011 opinion of the Wire Act; legal online gaming in question
The U.S. Department of Justice’s Office of Legal Counsel reversed a 2011 opinion that the Federal Wire Act applies only to sports betting,... more
Golden Entertainment completes $190 million purchase of two Laughlin casinos
Las Vegas-based Golden Entertainment completed its $190 million acquisition of two Laughlin casinos Monday, giving the company ownership of... more
Adams Revenue Revue: Nevada boosts totals for November as nation’s gaming number jump 5.7 percent
Only five states out of the 21 jurisdictions followed by Reno-based gaming analyst and consultant Ken Adams experienced a gaming revenue... more
