Las Vegas-based Caesars Entertainment posted a $384 million first-quarter loss.
Hackers took over all Sands sites, posting a map with flames where Sands casinos are located and a photo of Sands CEO Sheldon Adelson with Israeli Prime Minister Benjamin Netanyahu.
A legislative panel asked the Navajo Nation and Gov. Susana Martinez’s administration on Friday to renegotiate a proposed compact to restrict the state’s largest tribe to their existing casinos rather than allowing an expansion of gambling.
Strip revenues were down 5 percent, downtown revenues down 3 percent.
New York voters authorized an expansion of gambling in the state, making way for 7 Las Vegas style casinos.
State gaming revenues are down 5%, and the Strip numbers are skewed by events of June 2012
Bad luck with craps and baccarat, plus a missing Sunday, kept Nevada casino revenue flat in April.
Nevada’s largest casinos suffered a combined loss of $1.2 billion in 2012, despite an increase in revenues.
The gambling industry will be among the hardest hit if the White House and Congress fail to avoid the so-called fiscal cliff, one of the top U.S. credit rating agencies said Monday.
(Las Vegas, NV ) Macau casinos had double-digit gains last month. Casinos in the Chinese enclave took in three-billion dollars from high-rollers in September, an increase of more than 12-percent from a year earlier. It […]