Nevada
7 articles tagged "Nevada".
Accel Entertainment Adds 600 EGTs to Las Vegas Network via Green Valley Grocery Deal
Accel Entertainment adds 600 electronic gaming terminals through a route agreement with Green Valley Grocery in Las Vegas, expanding its partnership with Anabi Oil and strengthening its Southern Nevada presence. The company also announced executive changes, including a COO promotion and a forthcoming CEO transition.
Nevada Hits New Employment Peak in June as Las Vegas Leads Gains
Nevada added 3,800 jobs in June, pushing nonfarm employment to a record 1,614,100, driven by Las Vegas gains, though the state's 5.1% unemployment rate remained above the national average.
Venetian's $7.2M Bowyer Fine Caps Decade of Las Vegas Sands Scandals as Apollo Inherits Liability
The Venetian will pay a $7.2 million fine to Nevada regulators for AML failures tied to illegal bookmaker Mathew Bowyer, bringing total Bowyer-related penalties for Strip operators to $34 million and highlighting a series of scandals that plagued Las Vegas Sands before its 2021 exit from the market.
Kalshi wins partial relief in Michigan as account-based block replaces statewide ban
Kalshi has secured a narrower restriction in Michigan, now blocking only account addresses rather than statewide. The temporary suspension remains until a Monday hearing, while other states also pursue enforcement.
MGM Forms Special Committee as Diller Takeover Talks Intensify
MGM Resorts has formed a special committee and hired advisers to evaluate Barry Diller's $12.4 billion takeover bid as talks advance, though the board considers the $48.30-per-share offer too low and no deal is guaranteed.
Venetian hit with $7.2m fine over Bowyer AML failures, becomes fourth Strip casino penalized
The Venetian faces a $7.2 million fine for anti-money laundering violations tied to convicted bookmaker Mathew Bowyer, becoming the fourth Las Vegas Strip casino penalized in the case. The settlement includes admission of wrongdoing and enhanced AML conditions, with combined fines from all four operators reaching $34 million.
Fertitta Executives Detail Caesars Acquisition Timeline During Nevada Licensing Hearing
Fertitta Entertainment executives Richard Liem and Steven Scheinthal received preliminary Nevada licensing approval and outlined a timeline of 9-10 months for closing the Caesars acquisition, subject to antitrust clearance, gaming licenses, and shareholder approval, while also addressing financing strategies and a potential competing bid from Carl Icahn.