Writer: Howard Stutz
Hedge fund acquires 5 percent stake in Wynn Resorts
A New York-based hedge fund has acquired a 5.13 percent stake in Wynn Resorts, saying in a securities filing it was taking a passive role... more
Nevada gaming revenues dip slightly in July while Las Vegas Strip off 5.75 percent
It wasn’t surprising that July’s gaming revenues in Nevada – led by a 5.75 percent decline on the Las Vegas Strip – recorded their first... more
Proposed St. Louis area indoor smoking bans target casino gaming floors
Potential indoor smoking bans in two St. Louis-area counties could damage gaming revenue from casinos just as three properties in the area... more
Manteris says new sports gaming states ‘making a foolish mistake’ in not following Nevada model
Art Manteris looked over the remodeled race and sports book at Las Vegas’ venerable Palace Station casino and tried to picture gaming... more
Gaming REITs, no longer an oddity, now a factor in $4 billion of casino acquisition activity
Initially, the convergence between the casino industry and real estate investment trusts was viewed as a curiosity. Five years later, some... more
‘We’re very proud of the property’ – Parq Vancouver developer as resort nears 1st birthday
A little more than a month away from its first anniversary, Parq Vancouver is winning over its critics. The $490 million development, built... more
Utah Senator Orrin Hatch calls for federal oversight of U.S. sports betting industry
Retiring U.S. Senator Orrin Hatch said Thursday he plans to introduce legislation that would call for federal oversight of the nation’s... more
Gaming license for Nevada sportsbook operator CG Technology in jeopardy after regulators reject $250K fine as ‘too low’
The future of Nevada sportsbook operator CG Technology was thrown into disarray Thursday after the Nevada Gaming Commission took an unusual... more
Nevada gaming regulators reject settlement with CG Technology; sportsbook operator facing larger fine or license revocation
The Nevada Gaming Commission unanimously rejected a stipulated settlement with sportsbook operator CG Technology Thursday, saying the... more
Report: Commercial casino industry tops $40 billion in gaming revenue in 2017
The U.S. commercial casino industry topped the $40 billion mark in total gaming revenue in 2017, according to a new report from the... more
