In a single night four years ago, party promoter and restaurateur Larry Morrow gambled away $US35,000. Today, Morrow is a rising star in the entertainment and restaurant industries in New Orleans and has an extensive network of influential clients like Drake, Migos, and Floyd Mayweather. After his biggest loss, Morrow […]
Wynn Resorts this week forecast doom for revenues in the gambling capital of the world, Macau. Some on Wall Street say the casino giant is being overly conservative, but economic indicators on mainland China tell a different story. We know that China’s economy is slowing dramatically, and one of the […]
MGM is considering a merger with Caesars Entertainment, a report says. Caesars CEO Mark Frissora announced last week that he will step down on February 8. The CEO change should have no impact on ongoing mergers, said Barry Jonas, an analyst at SunTrust Robinson Humphrey. Watch MGM and Caesars Entertainment […]
High-profile gamblers, rejoice! The Palms Casino Resort in Las Vegas is undergoing a $US620 million renovation, the most expensive in the city’s history. In 2016, the resort was bought by Frank and Lorenzo Fertitta, billionaire art collectors and fight promoters, for $US312.5 million, according to the New York Post. The […]
Hospitality and entertainment workers are preparing to go on strike in wake of 50,000 union contracts that expire on Friday, June 1. The chief concern among Las Vegas workers is that their jobs will be replaced by robots. If the strike takes place, it could cost casinos an estimated $US10 […]
Billionaire casino mogul Steve Wynn resigned from his role as chairman and CEO of Wynn Resorts, the company he founded. Wynn Resort’s stock was up 6.3% on Wednesday morning on the news. Watch Wynn Resort’s stock move in real time here. Shares of Wynn Resorts soared as much as 6.3% […]
Photographer Roman Robroek has always been...
Wynn Resorts‘ stock continued to fall on Monday morning after CEO Steve Wynn was accused of sexual misconduct in a bombshell Wall Street Journal report. Over the weekend, Wynn announced he would step down from his role as finance chair of the Republican National Committee. Wynn was a prolific political […]
Some Las Vegas restaurants accept payment in bitcoin, so I decided to try to buy bitcoin from a casino’s bitcoin ATM. I lost all my money. Considering the exorbitant bitcoin ATM fee, I have real doubts as to whether or not bitcoin has a real future as a currency. LAS […]
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VIDEO: Donald Trump has successfully navigated the tricky waters of bankruptcy to maintain his personal wealth.
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VIDEO: Donald Trump has successfully navigated the tricky waters of bankruptcy to maintain his personal wealth.
The situation in Macau is worse than Wall...
VIDEO: Donald Trump has successfully navigated the tricky waters of bankruptcy to maintain his personal wealth.
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