The state’s take from the proceeds would shore up the HOPE Scholarship and Pre-K program with an estimated $250 million yearly from six “destination casinos.” The bill would allow the overseers of the Georgia Lottery to approve construction of up to six casinos around the state.
Virginia Beach electrician Richard M. Hawkes won a $1 million prize through the state lottery’s Casino Cash game. A Virginia Beach electrician told state lottery officials that he was “shocked” when he learned he’d won a $1 million cash prize.
One of Macau’s top casino junket operators, a Vietnamese investment group and Hong Kong property-to-jewellery conglomerate Chow Tai Fook Enterprises will team up to develop a $4 billion casino resort in Vietnam, companies involved in the project said. The resort, to be located in the central province of Quang Nam, is headed by Vietnam-based VinaCapital and will forge ahead despite a ban on gambling by Vietnamese citizens that has deterred other big international operators.
The Wisconsin Lottery said a player who bought a Badger 5 ticket at United Cooperative on West Juneau Street matched all five numbers.
Las Vegas Sands Corp. CEO Sheldon Adelson speaks at the Global Gaming Expo, Wednesday, Oct. 1, 2014, in Las Vegas. In a choose-your-own-facts debate, a Sheldon Adelson-backed bill to ban online gaming got its first airing in Congress with a controversial hearing Wednesday.
Ten years ago we saw that Las Vegas was overly reliant on very-high-net-worth gamblers, with its revenues stalling. We believe Macau today looks a lot like Las Vegas then.
That’s where billionaire Elaine Wynn is aggressively fighting to be re-elected to the board seat and maintain influence over the gambling empire she co-founded with her ex-husband 13 years ago. But Wynn Resorts directors want to kick Elaine Wynn off the company’s board when her term expires in April.
Wynn Resorts Ltd. co-founder Elaine Wynn Wednesday denied the casino operator’s accusations of improper activity and sought shareholders’ support to keep her board seat. Ms. Wynn, the company’s third-largest shareholder, said in a letter to shareholders that the board “has repeatedly presented a number of insinuations that are without factual basis” and that it was going to “reckless lengths” to exclude her as a director.
The groundbreaking was largely symbolic. MGM still needs state approval to demolish a historic school building to start the first phase of the project: building a 3,600-space parking garage.
Listen Live Welcome to NewsRadio 100.5 KXNT! NewsRadio 100.5 KXNT is dedicated to being the dominant information and talk source for Las […] CBS Sports Radio 1140 and 100.5-2 FM HD2 CBS Sports Radio 1140 and 100.5-2 FM HD2 7255 South Tenaya Way Suite 100 Las Vegas, NV 89113 Business Office: 702-889-7300 Business Fax: 702-889-7373 Gina Massenzi, General Sales Manager, 702-889-7566, [email protected] Kyle Helmick, Promotions & […] The Venetian Resort hotel is one of many owned by the Las Vegas Sands Corp. LAS VEGAS – A class action lawsuit filed in a California federal court alleges The Venetian and The Palazzo casino-resorts hid daily resort fees from travelers booking rooms at the Las Vegas Strip properties.
A Statesboro woman bought a $5 “20 x Money” scratch-off lottery ticket at Gary’s Food Mart on West Main Street and won $400,000, the top prize offered in the game.
Morgan Stewart and Dorothy Wang will host a spring break bash at Chateau Nightclub & Rooftop in Las Vegas on March 28 It’s no secret that the cast of E!’s “#RichKids of Beverly Hills” is used to the finer things in life, so when Examiner.com caught up with two of the show’s privileged stars, Morgan Stewart and Dorothy Wang , and asked them what some of their favorite Las Vegas restaurants were, not surprisingly, the two responded with some of the city’s finest dining establishments. “I go to Las Vegas with my family all the time-we love the service there,” Wang said.
Cathy Walker , who broke the proverbial glass ceiling in the gaming industry when she was named president and CEO of Seneca Gaming Corp. five years ago, has been relieved of her duties. No word has been given about who will assume Seneca Gaming’s presidency and CEO position, either on an interim or permanent basis.
If casino raids and falling revenue weren’t enough to convince you that the Chinese government is purposely killing Macau’s gambling business, officials laid it all out on Monday. In his annual policy address , Macau’s chief executive, Fernando Chui Sai-on, said the government would be strengthening regulation on the gaming industry ahead of its review of casino license renewals.
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The forthcoming Wynn Palace Cotai now has a website including a flashy motion graphic of the new Wynn Cotai crest accompanied by a huge orchestral flourish. The magnificent US$4.1 billion, floral-themed Wynn Palace is scheduled to unveil in Cotai in early 2016.
Wynn Resorts Ltd. co-founder Elaine Wynn was in New York Monday to woo Wall Street’s support for her bid to retain a seat on the casino operator’s board, which doesn’t want her term renewed.
The gaming industry’s Washington, D.C.-based lobbying group is continuing to grow while it pursues an aggressive agenda that includes pushing for more security funding in Las Vegas. The American Gaming Association announced today that it’s adding 11 new members, among them the Cosmopolitan of Las Vegas and the gaming equipment company Global Cash Access.
Several analysts and insiders aren’t sold on the notion that real estate investment trusts – where casinos are spun-off into a separate publicly traded company and leased by back to an operator – as being a good move for all gaming companies. The short-term gains – tax benefits, a boost in stock prices and potentially lower debt – can be overshadowed by long-term issues.
The firm currently has an “outperform” rating on the stock. Credit Suisse Group AG’s target price points to a potential upside of 13.94% from the stock’s previous close.