Category Archives: Casinos

Las Vegas company to operate Meadows Racetrack & Casino

A Las Vegas company with 15 gambling properties in eight states will operate The Meadows Racetrack and Casino in Washington County under a deal disclosed Tuesday. Pinnacle Entertainment Inc. is paying $138 million to acquire the gaming license and the operating assets of The Meadows from Gaming and Leisure Properties Inc., which paid $440 million for the North Strabane venue in December.

Advanced Drainage Systems Provides Outlook for Fiscal Year 2016

Joe Chlapaty, Chairman and Chief Executive Officer of ADS commented, “We experienced strong momentum in our sales trends throughout fiscal year 2016, driven primarily by healthy conversion and favorable weather conditions in the majority of our end markets. Overall, we expect to generate net sales growth between 8.5% – 9.1% in fiscal year 2016, including strong double-digit growth that occurred during the second half of the year.

Casino Mogul Wynn's Ex-Wife Files Bid for Control of Stock

A battle of billionaires is brewing on the Las Vegas Strip, with casino mogul Steve Wynn’s ex-wife alleging boardroom recklessness as she asks a court to give her control of company stock that she left in his hands five years ago. Elaine Wynn filed court documents Monday seeking access to more than $900 million worth of stock and providing an inside glimpse at her ex-husband’s dealings with Kazuo Okada, a former business partner with whom Wynn Resorts Ltd. has waged a legal battle since 2012.

Advanced Drainage Systems Provides Update on Timing of Restatement

Anticipates filing restated financial statements on March 29, 2016 — — Intends to provide updated outlook for fiscal year 2016 and host conference call on March 30, 2016 — )–Advanced Drainage Systems, Inc. , a leading global manufacturer of water management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that it anticipates completing the restatement of historical interim and annual financial statements and filing its Annual Report on Form 10-K for the fiscal year ended March 31, 2015 and amended Quarterly Reports on Form 10-Q for quarterly periods in the fiscal year ended March 31, 2015 after market close on March 29, 2016.

Advanced Drainage Systems Provides Update on Timing of Restatement

Anticipates filing restated financial statements on March 29, 2016 — — Intends to provide updated outlook for fiscal year 2016 and host conference call on March 30, 2016 — )–Advanced Drainage Systems, Inc. , a leading global manufacturer of water management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that it anticipates completing the restatement of historical interim and annual financial statements and filing its Annual Report on Form 10-K for the fiscal year ended March 31, 2015 and amended Quarterly Reports on Form 10-Q for quarterly periods in the fiscal year ended March 31, 2015 after market close on March 29, 2016.