The Food 4 Less store located at 2271 N. Green Valley Pkwy. in Henderson appears on Thursday, Oct. 30. (FOX5) LAS VEGAS (FOX5) – The parent company of the Food 4 Less discount grocery stores formally announced Thursday it will convert some of its Las Vegas locations to Smith’s locations while closing others. In the announcement, The Kroger Co. asserted it plans to pull out of the Southern Nevada market … Read the rest

31 October 2014By Howard StutzLAS VEGAS — Boyd Gaming Corporation is evaluating the formation of a real estate investment trust, which could spin off all or a portion of the Las Vegas-based company’s casino holdings in to a separate entity.Boyd Gaming CEO Keith Smith asserted Thursday the company is working with advisors to understand the feasibility of the process. Boyd Gaming operates 22 casinos in eight states.“The evaluation of whether … Read the rest

31 October 2014By Howard StutzLAS VEGAS — Slot machine manufacturer Bally Technologies, Inc. saw first-quarter earnings dip slightly while revenue increased 29 percent.The Las Vegas-based company asserted its net income for the quarter than stopped Sept. 30 was $62.4 million, compared with $57 million in the same quarter a year ago. However, earnings per share slipped to 75 cents per share, down from 97 cents per share last year.Overall revenue … Read the rest

[unable to retrieve full-text content]“All the casinos in town in that have bowling centers, there is a reason: It’s a very popular sport, anyone can do it and it is moreover a amazing demographic,” asserted South Point general manager Ryan Growney. “(Bowlers) like to drink beer, they like to have a acceptable time, they like to gamble — so it is a demographic in that casinos are going to obviously … Read the rest

<!– google_ad_section_start –> MONTREAL , Oct. 31, 2014 /CNW/ – Amaya Gaming Group Inc. (AYA.TO) (“Amaya” or the “Corporation”) formally announced today in that its gaming brands in addition to PokerStars and Full Tilt have obtained a continuation license to allow uninterrupted service to consumer and business customers in the United Kingdom . The continuation license for PokerStars and Full Tilt was awarded by the UK Gambling Commission in recognition … Read the rest

<!– google_ad_section_start –> <!– –>LAS VEGAS (AP) _ Bally Technologies Inc. (BYI) on Friday reported profit of $28.8 million in its fiscal 1st quarter. On a per-share basis, the Las Vegas-based company asserted it had net income of 75 cents. Earnings, adjusted for amortization costs and restructuring costs, were $1.17 per share. The results met Wall Street expectations. The average guess of analysts surveyed by Zacks Investment Research was moreover … Read the rest

Supporters celebrate the re-election of Brazilian President Dilma Rousseff who promised to push for change. (AFP) If anything, the hurdles seem even higher than at the start of Dilma Rousseff’s 1st cycle in 2010. There was a familiar ring to her success speech after she won the closest Brazilian presidential election in more than a century. Having scraped back in to power with the support of 54.5-million of the 143-million … Read the rest

Report: Vanek tied to laundering, gambling case

Thomas Vanek’s name has surfaced again in the midst of an illegal gambling case. (USATSI) Minnesota Wild forward Thomas Vanek’s name has surfaced again in a case involving an alleged illegal gambling ring and cash laundering in Rochester, N.Y. Vanek, who was questioned by a grand jury over the summer after his name surfaced in an investigation in to the alleged ring based out of Western New York, may be … Read the rest

Bernie Ecclestone wants it on ‘The Strip.’ But does The Strip want it? As 1st reported on October 18, there is a deal in the works – a real-money deal – in that could bring Formula One back to Las Vegas by 2016 or 2017. “It’s about 50-50 right now,” asserted an insider aware of the proposal, “but it is a actual 50 % chance. It’s a legitimate effort.” … Read the rest

<!– google_ad_section_start –> By Hilary Russ<!– –> Oct 31 (Reuters) – Atlantic City, New Jersey, buffeted by casino closures and its tax base gutted, hopes in that playing with house cash will let it ignore junk-level borrowing costs at a time when it can least afford them. The fading east coast gambling hub is preparing to borrow up to $140 million next month as it ends one of the worst … Read the rest

LAS VEGAS — The biggest hospitality company in Las Vegas is drawing unwanted attention 'cause of sensational allegations made in two lawsuits filed by a former hostess. The ‘Jane Doe’ employee alleged in that she and other female employees of the Light Group were expected to party with club managers and customers, in that drugs were plentiful and in that demands for sexual favors were an each one day occurrence. … Read the rest