MGM Resorts gets local approval for Vegas Strip arena

Local officials have approved casino giant MGM Resorts International’s plan for a new 20,000-seat indoor arena on the Las Vegas Strip. The Clark County Zoning Commission approved the project’s land use and zoning applications Wednesday. The $350 million project is being built in partnership with the entertainment company AEG. It… Continue reading

Nevada’s biggest casinos lose $1.35B in 2013

Nevada’s largest casinos, still climbing out of the recession, suffered a combined net loss of $1.35 billion in 2013, marking the fifth straight year without an overall profit, state regulators reported. But there was some positive news in the annual abstract report released by the Nevada Gaming Control Board, which… Continue reading

New Jersey’s Atlantic Club Casino Hotel closes

The embattled Atlantic Club Casino Hotel closed early Monday, a victim of the casino saturation taking place in the Northeast. About 1,600 people lost their jobs at 12:01 a.m. as the 33-year-old casino shut its doors. Tearful employees embraced one another and exchanged goodbyes. Struggling for years against newer, bigger… Continue reading