News

A plan to build South Carolina’s first legal casino has set off a fierce fight, with a powerful developer and a tribal nation trading barbs over broken promises, money, and land. Wallace Cheves, a wealthy businessman and GOP donor, wants to bring a $1 billion casino resort to Santee, a quiet town halfway between Columbia…

The pitch was bold. A luxury resort, restaurants, entertainment venues — and a casino — all near the site of the former Texas Stadium in Irving. But just before city officials could even weigh in, the casino plans were yanked from the table. On Thursday, a top executive from Las Vegas Sands Corp. told Irving…

Seven months after a storm of allegations rocked the Strip, Resorts World Las Vegas has agreed to pay a $10.5 million penalty to settle claims it facilitated illegal betting operations with alleged connections to organized crime. The Nevada Gaming Control Board (NGCB) confirmed Thursday that the resort’s handling of sportsbook operations drew intense scrutiny, leading…

Jefferies Equity Research has given a positive outlook on Caesars Entertainment, recommending a Buy rating for the company. The firm’s analyst, David Katz, sees significant potential in Caesars' digital business and believes the recent executive changes could be a catalyst for growth. This week, two executives from Icahn Enterprises were appointed to Caesars' Board of…