Latest Resort hotel operators News

City hopes for revitalization in aftermath of fraud case

May. 20, 2018 10:46 AM EDT

NEWPORT, Vt. (AP) — A remote Vermont community down on its luck had looked forward in 2012 to a downtown hotel, office and retail space and a research plant that would bring hundreds of jobs. It now sees just a vacant demolished block that some residents refer to as "the hole." The redevelopment plans...

Wynn Resorts points to changes after founder's resignation

May. 16, 2018 7:00 PM EDT

LAS VEGAS (AP) — The board of directors and CEO of Wynn Resorts on Wednesday sought to show shareholders they are working to strengthen the casino operator's corporate culture and moving it forward without its founder. Shareholders gathered in Las Vegas for the company's annual meeting learned of the many...

Wynn Resorts female directors address policies after scandal

May. 15, 2018 6:24 PM EDT

LAS VEGAS (AP) — Ahead of Wynn Resorts annual shareholders meeting, the casino operator's four female directors sought to reassure employees the company is committed to moving onto a new chapter following the sexual misconduct scandal that engulfed its founder earlier this year. The directors, three of...

Icahn's company strikes approximately $1.85B Tropicana deal

Apr. 16, 2018 1:15 PM EDT

ATLANTIC CITY, N.J. (AP) — Carl Icahn's company struck an approximately $1.85 billion deal Monday that would fuse the gambling and hotel operations of Tropicana Entertainment to Eldorado Resorts Inc. The agreement includes the sale of Tropicana Entertainment Inc.'s real estate to Gaming and Leisure...