2024.07.19
aliante resort casinoThe Galaxy Entertainment Group’s purchase of a 5 percent stake in Wynn Resorts is good for the latter’s shareholders but will it sit well with Nevada regulators? (Image: Galaxy Entertainment)Entities owning more than 10 percent of a casino in Nevada are subject to scrutiny from gambling regulators as a matter of course. SLS Las Vegas, the north Strip casino resort that has struggled financially since it was re-envisioned from the Sahara in 2014, is undergoing further changes in what will hopefully reverse the property’s recent fortunes. The Galaxy Entertainment Group’s purchase of a 5 percent stake in Wynn Resorts is good for the latter’s shareholders but will it sit well with Nevada regulators? (Image: Galaxy Entertainment)Entities owning more than 10 percent of a casino in Nevada are subject to scrutiny from gambling regulators as a matter of course. liberty slots mama bonusMeruelo’s undisclosed acquisition of SLS Las Vegas from Stockbridge Capital was recently completed after receiving final approval from state regulators.Meruelo told the NGC about the renovation, “The capital investment is something that will make a dramatic impact. (Image: SLS Las Vegas)New owner Alex Meruelo told the Nevada Gaming Commission (NGC) last week that he’s goicasino poker 75015ng to spend 0 million to revitalize the resort. Passing through the northern end of the Strip? Wave goodbye to the “blob” at SLS Vegas, as he/she/it won’t be there much longer. brian christopher slots wheel of fortune poker and casinosan manuel casino online casinoThe 1,600 hotel rooms will be upgraded, the pool will be redesThings are turning around. SLS Las Vegas, the north Strip casino resort that has struggled financially since it was re-envisioned from the Sahara in 2014, is undergoing further changes in what will hopefully reverse the property’s recent fortunes. gslot casino bonus codesWith either tribal or commercial casinos now legal in all but 11 states, no longer are tourists flocking to the remote Black Hills simply for the slot machines.Deadwood is trying to appeal to a wider demographic by stressing its historical importance. I am very optimistic.”The money will be spent over several years, Meruelo said. Passing through the northern end of the Strip? Wave goodbye to the “blob” at SLS Vegas, as he/she/it won’t be there much longer. harrah s casino weather free slots casinois online gambling legal in floridaSLS Las Vegas, the north Strip casino resort that has struggled financially since it was re-envisioned from the Sahara in 2014, is undergoing further changes in what will hopefully reverse the property’s recent fortunes. In the case of Galaxy, NGCB has used its discretion to decide to pursue due diligence.“As is its ordinary course, casino poker 75015the Nevada Gaming Control Board engages in a due diligence process for any shareholder approaching a reporting requirement,” NGCB chairwoman Becky Harris said in an email to Bloomberg on Friday.LVS AllegationsOn Thursday Wynn Resorts announced that former majority shareholder Steve Wynn had divested his entire stake in the company. Macau gaming operators, and shareholders who own more than five percent of Macau gaming companies, are prohibited from holding a stake of 5 percent or more in other local gaming companies.The regulator noted that the sale of shares was for less than five percent adding that because Galaxy has bought into Wynn Resorts and not Wynn Macau, the law did not apply.The NGCB is likely to look into the LVS allegations, nevertheless.Meanwhile, the Macau gaming regulator announced on Friday that the Wynn-Galaxy deal did not breach local gaming law. Things are turning around. today it’s unclear just how much influence triad organizations still have on the junket industry, if any at all – nor is there any reason to believe Galaxy has ever done business directly with any such organizations. popular table games casino blackjack casino poker |