Stutz

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 Howard Stutz   Nevada gaming regulators monitoring Adelsons Review Journal purchase

State gaming regulators are monitoring the issues surrounding the purchase of the Las Vegas Review-Journal by the family of Sheldon Adelson, the majority shareholder in casino giant Las Vegas Sands Corp.Gaming Control Board Chairman A.G. Burnett cites Nevada gaming regulations and the state’s public policy covering gaming license holders in saying…
CasinoCityTimes.com

 Howard Stutz   Inside Gaming: Kentucky judge levels egregious penalty against PokerStars

We know Kentucky has problems filling its budget gaps, but a state judge’s Christmas Eve gift was a little extreme.In essence, Franklin Circuit Judge Thomas Wingate is forcing owners of an online gaming company to pay penalties of $ 870 million, which could help bail out the financially troubled commonwealth.Heck, you could buy all of Kentucky for…
CasinoCityTimes.com

 Howard Stutz   Sands opens Cotai Central final piece as Adelson predicts Macau turnaround

Las Vegas Sands Corp. opened the last piece of the Sands Cotai Central development in Macau on Friday, and the company’s top executive — despite 18 straight months of the market’s declining gaming revenue — said the region has nearly bottomed out.During a celebration surrounding the opening of the $ 450 million, 400-room St. Regis hotel, Las Vegas…
CasinoCityTimes.com

 Howard Stutz   Inside Gaming: Wire Act hearing a disaster for online gambling opponents

The recent congressional hearing into legislation that would ban online gaming couldn’t have gone worse for backers of the bill even if they attempted to sabotage the three-hour meeting themselves.Maybe they did.Three witnesses who testified in support of a measure that would roll back the Interstate Federal Wire Act to its pre-2011 interpretation…
CasinoCityTimes.com

 Howard Stutz   Aria to get $154 million convention center expansion

MGM Resorts International will spend $ 154 million to expand the Aria Resort & Casino convention center by 200,000 square feet, which will include indoor/open-air spaces and a glass-enclosed venue offering views of The Park and the new Las Vegas Arena.The new convention space will take the space currently occupied by Cirque du Soleil’s production…
CasinoCityTimes.com

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