Las Vegas

MGM Japan, Macau ambition review if Entain deal says, broker

Were an US$11 billion-plus deal to go through for casino operator MGM Resorts International to transform its business model by acquiring online betting conglomerate Entain Plc, it could lead the MGM brand to take a smaller role in a land-based casino resort in Japan, and long-term could even see the MGM parent divest its interest in Macau casino licensee MGM China ...

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American Gem Society Accepting RFPs for Breakout Speakers at Conclave 2021

It will be on April 26–28, 2021. LAS VEGAS — The American Gem Society (AGS) is now accepting Requests for Proposals (RFPs) to present at the annual Conclave in Louisville, KY, April 26–28, 2021. The AGS is looking for presenters on a variety of topics: AppraisingBusiness managementEthicsGemologyIn-store eventsRetail innovationDiversityMarketing and salesSecuritySourcingSuccession planningSustainabilityTechnologyHuman resources Conclave will feature panel discussions, insider insights, and sessions ...

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Las Vegas Sands Could Reenter Japan Integrated Resort Casino Race

Japan’s forthcoming commercial gaming industry was dealt a serious blow when Las Vegas Sands -– considered the world’s preeminent casino operator -– announced in May it would no longer be making a bid for one of the three integrated resort (IR) licenses. Billionaire Sheldon Adelson might not be completely out of the Japanese casino discussion. Joji Kokuryo, managing director of ...

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Las Vegas’ ad agency awarded $110M contract extension

The Las Vegas Convention and Visitors Authority, through advertising consultant R&R Partners, is promoting last week’s reopening of casinos with an ad that shows the Las Vegas Strip lights coming back to life. The Las Vegas Convention and Visitors Authority on Tuesday approved a multimillion-dollar one-year contract with a possible six-month extension to R&R Partners to continue as the organization’s ...

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Yokohama unfazed by Las Vegas Sands withdrawal, blames COVID-19 pandemic

Yokohama mayor Fumiko Hayashi has stated her belief that the global COVID-19 pandemic was behind the decision by Las Vegas Sands to withdraw from Japan’s IR race, stating at a press conference on Wednesday, “I am not particularly surprised.” While LVS Chairman and CEO Sheldon Adelson suggested in the company’s shock announcement on Wednesday that restrictive regulatory requirements were the primary ...

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Las Vegas Sands unlikely to return to Japan despite potential Tokyo lure

Las Vegas Sands is highly unlikely to reenter the race for a Japanese IR license unless there is a dramatic shift in the regulatory and locality landscape, according to brokerage Sanford C Bernstein. The global casino giant, which until this week had been considered the favorite to develop an integrated resort in Yokohama, announced its shock withdrawal from Japan on ...

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