Casino operator Wynn exceeded fourth-quarter earnings estimates, driven by robust performance in its Las Vegas operations. Strong visitor demand and higher gaming revenue boosted overall results, Reuters reports.
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MGM’s Las Vegas operations remain stable despite near-term economic concerns, Morningstar reports. Strong fundamentals and diversified offerings support resilience amid market uncertainties.
Las Vegas faces a sharp slowdown as the city’s once booming economy hits a pause. Rising costs, tighter regulations, and shifting visitor trends signal the end of the boom days, challenging the iconic entertainment hub.
The USA’s casino industry faces a crisis as declining Las Vegas tourism triggers widespread job cuts and increased automation, signaling a major shift in the entertainment and hospitality sectors.
Las Vegas Sands exceeded quarterly profit estimates, driven by robust performance in its Singapore operations. Strong demand and improved margins boosted earnings, highlighting the company’s resilience amid market challenges.
Sheldon Adelson faces fresh scrutiny as newly surfaced documents challenge his previous testimony, raising questions about his business practices and legal disclosures, The Guardian reports. The development may impact ongoing investigations.
India’s largest hotel chain is expanding into Las Vegas, beginning with a partnership at the iconic Hooters hotel. This move marks a significant step in its global growth strategy.
A new study reveals that Las Vegas is no longer America’s top casino city. Instead, another city has taken the crown, offering better gaming options and entertainment. Find out which city surpassed the famed Strip.
Las Vegas faces a dramatic downturn as tourism slumps and major casinos shutter. Once booming, the city grapples with declining revenues and mounting debts, signaling a stark reversal for the entertainment capital.
Sands Corp. is exiting Las Vegas, selling its casino assets in a $6.25 billion deal. The move marks a significant shift in the city’s gaming landscape, signaling changing strategies in the industry.
Bucharest has been dubbed the “Vegas of Europe” in a recent study by business-review.eu, highlighting its booming nightlife, vibrant casino scene, and growing appeal as a major entertainment hub in Eastern Europe.