Richmond City Council will not be throwing caution to the wind despite a record $21 million windfall last year from River Rock Casino and Resort revenues. That’s because the long-term fate of the casino, including an agreement that sees the B.C. Lottery Corporation provide 10 per cent of casino revenue share to the city, is not set in stone.
In 2014, the company posted $2.84 billion of net income, well ahead of Wynn Resorts luxury brands to certain higher-end resort properties. Las Vegas Sands CEO Sheldon Adelson had this to say during the Q4 2014 earnings conference call: “Our combined retail mall operations in Asia achieved an operating profit just shy of US$0.5 billion in 2014.
Knoxville, Tenn.-based hotel management and development company Kana Hotel Group has broken ground on a 160-room hotel that will house a Hampton Inn and Home2Suites, both Hilton Worldwide brands. The Hampton Inn will have 83 of rooms, said Roshan Patel , a partner with Kana Hotel Group.
The firm currently has an “outperform” rating on the stock. Credit Suisse Group AG’s price target would indicate a potential upside of 13.86% from the stock’s previous close.
It’s been years since Arlington Mayor Robert Cluck initially envisioned development surrounding the city’s two stadiums – AT&T Stadium and Globe Life Park Stadium. Now, it seems a portion of that vision could become a reality.
Brad Garrett seems the quintessential club comic, the way he adroitly works the room from his own stage at the MGM Grand. One of his more effective icebreakers: “Ma’am, the Titanic exhibit called.
Advancing her ongoing fight to remain on the board of Wynn Resorts, Elaine Wynn today further laid out her case for why stockholders should reject the company’s arguments and re-elect her as a director. Via a proxy statement filed with the Securities and Exchange Commission, Wynn told stockholders to vote for her instead of one of the other two candidates nominated to the board.
Comedian Jim Jefferies became an overnight success after a fan attacked him on stage during a show at the Manchester Comedy Store in England in 2008. That probably won’t happen when he takes the stage at the 4,000-seat The Joint at the Hard Rock Hotel on Saturday, Oct. 3. The Australian comedian and actor stops in Las Vegas as part of his Freedumb tour, an encore to his last sold-out North American tour Day Streaming.
The general manager of The Meadows Casino joined nine other casino operators in sending a letter to the state Legislature seeking changes they say would make the gaming industry more competitive in an era of increased competition from contiguous states.
Lydia Ansel performs during “Divas” night at “Mondays Dark” hosted by Mark Shunock benefiting Dress for Success on Monday, March 16, 2015, in Vinyl at the Hard Rock Hotel. It was two men and 15 “Divas” at Monday night’s “Mondays Dark” fundraising show at Vinyl in the Hard Rock Hotel hosted by Mark Shunock, of “Rock of Ages” at the Venetian, to benefit Dress for Success.
Brean Capital analyst Bryan Maher after the market closed on Wednesday initiated coverage on Sands and three other top casino companies with buy ratings. Sands shares were up 2.9% in early afternoon trading in the stock market today , Thursday.
Democratic Assemblyman Harvey Munford introduced AJR 6 last week and plans to testify on the bill on Thursday in the Assembly Legislative Operations and Elections Committee. Munford said the proposal would help generate revenue without imposing a new tax, and would require lottery proceeds to support public education and senior citizens.
According to a new article in the Macau Daily Times, the island’s world-class gaming industry may be called upon by the government to support a new local arts initiative on the island. Members of the Committee of Cultural Industries want to increase the number of creative industry venues in Macau, and the committee suggests that the gaming industry and the local government should play a role.
Mountaineer Casino, Racetrack & Resort saw revenue drop nearly 12 percent during the last three months of 2014 compared to the same period in 2013, as the Chester-based gambling facility faces increased competition from both Ohio and Pennsylvania.
Its mission is to make the game industry more inclusive for transgender women and women in general. This includes transgender amateur and professional gamers, transgender game developers and reviewers, and representation of transgender people within games.
Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith.
Full House Resorts’ first quarterly earnings report under new management saw an increased net loss and a decline in revenue, but officials with the Las Vegas-based company said it will take much of 2015 to change the casino operator’s direction.
Business and risk are synonymous — making a bold move is risky but, not making a bold move is equally risky. Allow me to explain.
Delivering a dynamic player experience, the CrystalDual features crystal-clear clarity through dual screens and a multi-touch digital player panel, while providing technician-friendly cabinet design for increased operator efficiencies. The CrystalDual is backed by an exciting game content library, including Golden Eaglea Video Slots, Game of the Godsa Video Slots and the popular “At IGT we are deeply committed to our long-standing relationships with the Indian Gaming community.
Japan’s Nikkei share average rose to a fresh 15-year high on Wednesday on hopes for an economic recovery and higher shareholder returns, while Nintendo Co jumped 21 percent after it said it will enter the smartphone gaming industry. The Nikkei ended 0.6 percent higher at 19,544.48, the highest closing since April 2000.