LOS ANGELES (Reuters) – The Las Vegas Sands Corp (LVS.N: Quote, Profile, Research, Stock Buzz) agreed to return $47.4 million to the U.S. Treasury to end a probe into the casino’s failure to alert authorities to suspicious deposits by a high-rolling gambler, federal officials said on Tuesday.
Sands, the operator of the Venetian and Palazzo hotel complex in Las Vegas, accepted wire transfers and cashier’s checks between 2005 and 2007 from Zhenli Ye Gon and should have reported the transactions as suspicious, said the U.S. Attorney’s Office in Los Angeles.
LOS ANGELES, Aug 23 (Reuters) – Justin Timberlake and Ben
Affleck have Las Vegas on edge.
They are the stars of a new film about the murky world of
unauthorised online poker that could cast an unwelcome spotlight
on a fledgling legal market that Sin City’s biggest players are
LOS ANGELES (Reuters) – MGM Resorts International is working with Nevada officials who are discussing banding together with New Jersey to create a joint online gaming market, CEO Jim Murren told Reuters in an interview.
“I think it’s likely that in 2014 we’ll see a compact between New Jersey and Nevada,” Murren said in an interview following the company’s second-quarter earnings call.
LOS ANGELES (Reuters) – At 85, Oscar-winning actor Martin Landau is writing his memoirs, teaching at the famed Actor’s Studio, and will soon appear on TV as octogenarian oil tycoon J. Howard Marshall who married the late Playboy model Anna Nicole Smith.
Landau, who won an Oscar in 1994 for his portrayal of Bela Lugosi in “Ed Wood,” will be seen in Lifetime’s “The Anna Nicole Smith Story,” premiering on June 29.
LOS ANGELES (Reuters) – Ten years ago, poker shows proliferated on TV and then faded but with several states and federal legislators moving to legalize the game online, some networks are betting that TV poker is back.
“Online poker will introduce a lot of new people to the game and I think that will bring another big wave to television,” said Jamie Horowitz, vice president original programming and production for Walt Disney’s ESPN.
LOS ANGELES (Reuters) – Legislation to allow online poker gambling in the United States will be introduced in Congress that would give casinos a larger market than the current few states which allow it, like New Jersey and Nevada.
Online poker would generate $10 billion in added revenues by 2017 if allowed by federal statute, according to the American Gaming Association. About $4 billion is now being spent for illegal sites, the AGA said.
LOS ANGELES, May 22 (Reuters) – Caesars Entertainment Group
said it plans to go live this summer with an online
poker site in Nevada, the only U.S. state so far to offer legal
Internet gambling, and will promote the nascent service to
thousands of poker players at its World Series of Poker (WSOP)
tournament in Las Vegas starting May 29.
Caesars is among several gaming companies preparing to go
live with online sites in the United States which could
eventually generate billions of dollars in revenue for the
casino industry and local governments.
May 9 (Reuters) – MGM Resorts International on
Thursday filed a proposal with the state of Maryland to develop
an $800 million casino resort, after winning the right to
proceed with the project in a costly lobbying effort against
rival Penn National Gaming Inc.
MGM filed its proposal for a license with the Maryland Video
Lottery Facility Location Commission to develop the resort on 20
acres of waterfront property in National Harbor in Prince
George’s County, just south of Washington, D.C.
LOS ANGELES (Reuters) – The Rolling Stones rocked a packed house in Los Angeles on Friday on the opening night of their North American “50 and Counting” tour, but only after websites slashed ticket prices and the band released additional cheap seats at the last minute.
The 17-date tour is the veteran British rockers’ biggest in six years and follows a handful of dates in London, Paris and New York at the end of 2012 marking 50 years since they burst on to the music scene at London’s Marquee Club in 1962.
LOS ANGELES (Reuters) – Wild horses couldn’t drag many of the most die-hard of Rolling Stones fans to the kick-off of the band’s North American tour – at least not at prices of up to a whopping $600 a ticket.
Three weeks after tickets went on sale, and a day before the British band take the stage on Friday, the Los Angeles Staples Center was far from sold out for the “50 and Counting” gig.