Wynn Resorts was fined a record $20 million by the Nevada Gaming Commission. This massive penalty was doled out to the international casino operator as a settlement for repeatedly failing to investigate claims of sexual misconduct made against former CEO Steve Wynn.
The SLS Las Vegas is getting a facelift. SLS is the casino built on the hallowed ground once occupied by the Sahara. The new casino opened in 2014 and has seen a number of ownership and leadership changes in a short time.
The Westgate SuperContest is the most prestigious football handicapping contest in Nevada and the United States. The National Football League (NFL) pick contest had 3,123 entrants for the 2018 season, a record that beat last year’s numbers. Eric Kahane AKA “Personal Gourmet” is the winner of the Westgate SuperContest and the record $1.42 million first-place grand prize.
Customer tastes change often. Sometimes preferences align with corporate business plans and other times they don’t. There’s a customer trend in Las Vegas that seems to make both recreational gamblers and casino corporations happy. Las Vegas casino guests have been playing games in search of big jackpot wins for a few years.
Nevada gaming is back, baby! According to the Nevada Gaming Control Board, casino gaming revenue throughout the state topped $1 billion in October . Gaming revenue for the month was $1.062 billion. That’s more than a 7 percent increase compared to October gaming revenue last year.
CG Technology is still in business after the Nevada Gaming Commission accepted their settlement offer of $2 million. The payment will cover their most recent violations committed in 2016 and 2017. The sportsbook operator self-reported the violations earlier this year. The new settlement offer was presented on November 8 and quickly accepted.
Of the biggest casino corporations with properties in Las Vegas that have already reported earnings, here are some of the most newsworthy takeaways.