Hakkasan Group is generating $500 million in revenue from its night club and restaurant venues as its sets to boost its global party and dining presence by half over the next 36 months, CEO Neil Moffitt told a conference Tuesday.
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Casinos & Gaming
Southern Nevada visitation numbers and state and county gaming win in February were down from a year ago, mostly because of a lack of a Feb. 29. February 2016 had one more day than last month because of Leap Year.
Southern Nevada business and political leaders on Monday cheered the NFL owners’ decision to relocate the Oakland Raiders to Las Vegas, bolstering the city’s status as the nation’s leading entertainment destination.
When the Monte Carlo casino closes its eight-table poker room in about a month as part of a $450 million overhaul, the Strip will be down nearly a quarter of the tables it had a decade ago.
Jon Gray was known to hang with such stars as Kanye West and Jay-Z at the Palms a decade ago. Today he’s responsible for reenergizing the hotel-casinos nightlife spaces.
GameCo, the first U.S. maker of video game gambling machines, hopes to raise as much as $30 million in a third round of funding as it seeks to launch more games and expand into new markets.
Spanning 26 acres of beachfront property, the latest project by a subsidiary of MGM Resorts won’t have slot machines or poker tables, but will boast 1,000 rooms, a “dazzling” theater and a snorkeling area. It will also be in Dubai — a Middle Eastern city the company knows all too well.
Chris Connelly’s Contrarian Investments LLC was up 31 percent on December 18 compared with a 10 percent return for the Dow Jones over the same period. Then he had his Atlanta Falcons Super Bowl moment.
The Nevada Gaming Commission has unanimously approved a slots-only nonrestricted gaming license for a casino near Nellis Air Force Base formerly known as the Barcelona.
The heavy-metallic, train-themed artwork that has adorned Palace Station’s facade for the past 34 years will be chugging out in the coming weeks as the casino undergo a multi-million dollar renovation.
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