The American Gaming Association's first report on the industry's impact on the economy found that, despite big money, gaming firms have had to adapt.» Read More
LAS VEGAS— U.S. casinos and the makers of the games found inside had a $240 billion economic impact and employed 1.7 million people in 2013, a study shows. The group's annual G2E Global Gaming Expo is being held this week at the Sands Expo and Convention Center in Las Vegas.
WASHINGTON— U.S. home prices in July increased at the slowest pace in 20 months, reflecting sluggish sales and a greater supply of houses for sale. The Standard& Poor's/Case-Shiller 20- city home price index rose 6.7 percent in July from 12 months earlier. That's down from an 8.1 percent gain in June and the smallest increase since November 2012.
LAS VEGAS— Tourists flying between Las Vegas and Zurich will have another nonstop flight. Airline officials say they've carried more than 14,000 travelers to Las Vegas in almost four months. The airline website says the flight from Zurich to Las Vegas is about 11 hours.
ATLANTIC CITY, N.J.— A Canadian asset management firm that owns casinos in Las Vegas and the Bahamas has been identified as a second bidder in the ongoing bankruptcy auction of the failed Revel Casino Hotel in Atlantic City. That firm is vying with Florida developer Glenn Straub for the right to buy the $2.4 billion Revel for pennies on the dollar.
LONDON- Bank of England Monetary Policy Committee member David Miles speaks at London School of Economics and Political Science- 1730 GMT. VIENNA- ECB Executive Board member Sabine Lautenschlaeger speaks at the annual supervisory conference in Vienna on the topic: "National supervision within a European system- getting the balance right"- 0745 GMT.
Microsoft to offer early look at next Windows. SAN FRANCISCO— Microsoft plans to offer a glimpse of its vision for Windows this week, as its new CEO seeks to redefine the company and recover from missteps with its flagship operating system.
WASHINGTON/ DETROIT, Sept 29- Verizon. Simply put, the type of network Verizon uses isn't global. So far, AT&T has announced deals with brands at eight automakers and Verizon is trailing with four announced deals.
LAS VEGAS— The gambling industry nationwide paid out a jackpot-worthy $38 billion in federal, state and local taxes in 2013, according to a report from the American Gaming Association. The Associated Press obtained a copy of the report's tax revenue figures before its release Tuesday.
Dramatic cellphone video recorded by stopped motorists and obtained by a newspaper shows federal land management rangers and a Nevada Highway Patrol trooper scuffling with a 20- year-old man before he was fatally shot on a road outside Las Vegas. MARCH 16: Albuquerque, New Mexico.
Could downtown Las Vegas be the next Silicon Valley? Nellie Bowles of Re/Code, discusses how Zappos CEO Tony Hsieh is turning Sin City into landing spot for tech startups.
Wynn, 72, and his company Wynn Resorts Ltd filed suit against Chanos, founder of New York- based hedge fund Kynikos Associates LP, in federal court in San Francisco.
Bill Gross is one of the most respected and colorful investors on Wall Street, the New York Times reports.
LAS VEGAS— Nevada gambling revenue fell nearly 4 percent in August, bedeviled by the baccarat table game. Casinos brought in $920 million in August, down from $955 million a year ago, Nevada Gaming Control Board officials said Friday. Of the $35 million drop statewide, $24 million was due to weaker baccarat revenue.
LAS VEGAS— A single apostrophe won't be enough to separate M life and M'Life in the minds of customers, according to an MGM Resorts International trademark lawsuit against two people who want to open a marijuana dispensary. There should be no confusion, he said, because his business and MGM Resorts are in distinctly different trades.
SALT LAKE CITY— Utah's attorney general has decided to appeal a ruling that struck down parts of the state's anti-polygamy law in what marked a significant victory for the family on the reality TV show "Sister Wives" and polygamous families living in Utah.
LAS VEGAS— Officials say passenger traffic at McCarran International Airport jumped 3.4 percent in August compared with a year earlier. Data released Thursday show more than 3.7 million people arrived and departed from the Las Vegas airport in August.
MACAU, Sept 25- Macau's casino junket operators are feeling the squeeze as China's anti-corruption drive has blown a hole in the world's biggest gambling hub.
ATLANTIC CITY, N.J.— A New Jersey lawmaker has come up with a way to generate some new buzz in Atlantic City: Let people drink on the Boardwalk and beach. But he also said Atlantic City should loosen up about letting people carry open containers of alcohol.
MESQUITE, Nev.— Authorities say one employee is injured after an explosion at a plastics manufacturing business in Nevada. John Gately of Mesquite Fire and Rescue says the person was burned and was being airlifted to Las Vegas after the blast Wednesday at Primex Plastics Corp. in Mesquite.
BOSTON/ DETROIT, Sept 23- General Motors Co on Tuesday named an engineer to serve as its first cybersecurity chief as the No. 1 U.S. automaker and its rivals come under increasing pressure to better secure their vehicles against hackers. "So that's the competitive advantage we're trying to really put in place for General Motors."