Tag Archives: casinobiz

Billionaire Adelson Names Son-In-Law CFO of Las Vegas Sands

Las Vegas Sands Corp. named Patrick Dumont, son-in-law of founder and controlling shareholder Sheldon Adelson, as its chief financial officer. The appointment fills a vacancy left open since July 2013, when Kenneth Kay stepped down from the role, and formalizes a role Dumont, 41, has already been performing, Las Vegas Sands said Wednesday in a statement.

Billionaire Adelson Names Son-In-Law CFO of Las Vegas Sands

Las Vegas Sands Corp. named Patrick Dumont, son-in-law of founder and controlling shareholder Sheldon Adelson, as its chief financial officer. The appointment fills a vacancy left open since July 2013, when Kenneth Kay stepped down from the role, and formalizes a role Dumont, 41, has already been performing, Las Vegas Sands said Wednesday in a statement.

Justin Bieber pulls out all the stops in 'Purpose' stop at MGM Grand

Justin Bieber wrote “Los Vegas” instead of “Las Vegas” with a yellow marker as he was lowered from the ceiling inside a clear glass cube Friday night at the start of his sold-out “Purpose World Tour” stop at MGM Grand Garden Arena. Spelling error aside, the Canadian superstar singer, who turned 22 on March 1, pulled out all the stops in his 90-minute spectacle that featured Bieber in fine voice acoustically and uptempo and in even finer form dancing with his onstage crew.

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.

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.