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Travel Casinos and Gaming

  • LAS VEGAS _ Pinnacle Entertainment Inc. on Friday reported fourth-quarter net income of $22.4 million, after reporting a loss in the same period a year earlier. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share. Four analysts surveyed by Zacks expected $637.1 million.

  • HARRISBURG, Pa.— The fourth mini-casino license auctioned off by Pennsylvania gambling regulators is for a location in south-central Pennsylvania, officials said Thursday, a short drive from Gettysburg in a region with one full-fledged casino. The owners of Parx Casino in suburban Philadelphia picked a general location along Interstate 81 in Cumberland...

  • The Pennsylvania Gaming Control Board said Wednesday hours after the auction that Las Vegas Sands had selected a site in northwestern Pennsylvania that intruded on the 15- mile buffer zone around the location picked by the winner of the previous auction earlier this month. Las Vegas Sands had bid nearly $9.9 million and selected a site in Hempfield Township...

  • ATLANTIC CITY, N.J.— In a city where black residents have long felt excluded from the riches that Atlantic City's casinos generate, a new casino is making a massive effort to engage with the largely minority community in which it will operate. "It's extremely important the perception of the casinos living on their own island, isolated from the community," said Jim...

  • HARRISBURG, Pa.— The owner of Sands Casino Resort Bethlehem won the rights Wednesday to build a mini-casino on the other side of Pennsylvania, potentially making it the state's sixth casino within a short drive from the Ohio border. The first three licenses raised $112 million for casinos, one in south-central Pennsylvania's York County and one each in western...

  • RENO, Nev. _ Monarch Casino& Resort Inc. on Tuesday reported fourth-quarter net income of $4.4 million. On a per-share basis, the Reno, Nevada- based company said it had net income of 23 cents. For the year, the company reported profit of $25.5 million, or $1.39 per share.

  • LAS VEGAS _ Boyd Gaming Corp. on Tuesday reported fourth-quarter net income of $82.2 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share. Five analysts surveyed by Zacks expected $596.2 million.

  • LAS VEGAS— The new CEO of Las Vegas- based Wynn Resorts said he was not aware of any of the sexual misconduct accusations against casino mogul Steve Wynn before they surfaced last month. Wynn Resorts is facing scrutiny by gambling regulators in Nevada and Massachusetts, where the company is building a roughly $2.4 billion casino just outside Boston.

  • LONDON, Feb 20- British bookmaker William Hill will pay 6.2 million pounds as a penalty for breaching anti-money laundering and social responsibility regulations, the Gambling Commission said on Tuesday. Failure in the company's checks meant that 10 customers deposited large sums linked to criminal offenses, resulting in gains for William Hill of around...

  • LAS VEGAS— The new CEO of Las Vegas- based Wynn Resorts said he was not aware of any of the sexual misconduct accusations against casino mogul Steve Wynn before they surfaced last month. Wynn Resorts is facing scrutiny by gambling regulators in Nevada and Massachusetts, where the company is building a roughly $2.4 billion casino just outside Boston.

  • ATLANTIC CITY, N.J.— Ten years ago, Atlantic City's Tropicana casino was on the verge of death, having been stripped of its casino license after its then-owners laid off vast swaths of the workforce, leading to filthy rooms, insect infestations, hourlong waits for slot machine payouts and food and drink orders that often never arrived. "It's an incredible...

  • Caesars Entertainment told The Associated Press Friday it also is considering giving panic buttons to its employees to enable them to quickly summon help if they are in danger or feel threatened. Caesars joins other gambling and hospitality companies who have adopted similar policies requiring guest rooms to be checked periodically, even if a "Do Not...

  • Steve Wynn

    Wynn Resorts said on Friday that former Chief Executive Officer Steve Wynn was not entitled to severance payments or any other compensation.

  • Feb 16- Wynn Resorts Ltd said on Friday that former Chief Executive Officer Steve Wynn was not entitled to severance payments or any other compensation. Wynn, 76, resigned as CEO of the company earlier this month after allegations of sexual misconduct. Last week, Wynn Resorts gave the top job to company veteran Matt Maddox.

  • Feb 16- Wynn Resorts Ltd said on Friday that former chief executive Steve Wynn was not entitled to severance payments or any other compensation. Steve Wynn resigned as CEO of Wynn Resort earlier this month after allegations of sexual misconduct. Steve Wynn's current healthcare coverage would be terminated at the end of this year, the casino company said in a...

  • Steve Wynn, chairman and chief executive officer of Wynn Resorts Ltd.

    Japanese pachinko king Kazuo Okada's lawsuit could add to the company's woes.

  • ATLANTIC CITY, N.J.— Police in New Jersey charged a man with setting up a methamphetamine lab in an Atlantic City casino hotel room that caught fire, causing four floors to be evacuated. Police charged Michael Pillar, of Whiting, with maintaining a drug production facility, possession of methamphetamine and criminal mischief. A State Police hazardous-materials...

  • Caesar's Palace in Atlantic City.

    Louis Bacon's Moore Capital bet on casino stocks in the fourth quarter of last year, a filing shows.

  • OSLO, Feb 14- Norway's $1 trillion sovereign wealth fund, the world's largest, should be forced to sell its stakes in companies involved in the gambling industry, according to a proposal by two opposition parties in the Norwegian parliament. Norway's top opposition Labour Party and the smaller Christian Democrats said the country's minority government...

  • LAS VEGAS— Two more sexual misconduct allegations were leveled against embattled casino mogul Steve Wynn on Tuesday, when police in Las Vegas revealed they recently received two reports from women saying the billionaire sexually assaulted them in the 1970 s. One woman reported Wynn assaulted her in Las Vegas and the other said she was assaulted in Chicago, the...