Caesars Entertainment makes billion-dollar power move: Massive debt restructuring and huge stock buyback revealed

Pallavi Madhiraju- October 3, 2024 0

In a bold financial maneuver, Caesars Entertainment has announced a monumental $1.1 billion senior notes offering, while also unveiling a massive $500 million share buyback ... Read More

Wynn Las Vegas hit with massive $130m DOJ settlement in shocking money laundering case

Pallavi Madhiraju- September 7, 2024 0

Wynn Resorts, the operator of Wynn Las Vegas, has agreed to forfeit $130 million to the U.S. Department of Justice (DOJ) to resolve a long-standing ... Read More

Mandalay Bay unveils $100m redesign of convention center in Las Vegas

Pallavi Madhiraju- May 31, 2024 0

MGM Resorts International announced that Mandalay Bay Resort and Casino has completed a significant $100 million redesign of its 2.1 million-square-foot convention center in Las ... Read More

Pacific Processing raises $10m to boost ATM portfolio acquisitions

Pallavi Madhiraju- March 27, 2024 0

In a significant move to expand its footprint in the ATM services sector, Pacific Processing has announced a $10 million capital raise. This ambitious funding ... Read More

Shocking Las Vegas shooting: Homeless victims targeted, gunman on the loose

Pallavi Madhiraju- December 2, 2023 0

In a devastating turn of events, the Las Vegas Metropolitan Police Department reported a shocking shooting on Friday evening in the northeast valley, leaving the ... Read More

KB Home opens Landings at Magnolia Ranch in South Las Vegas

Pallavi Madhiraju- November 10, 2023 0

KB Home (NYSE: KBH) today marked the grand opening of Landings at Magnolia Ranch, a new gated community in a sought-after south Las Vegas location. ... Read More

Realty Income and BREIT sign $950m deal for Bellagio Las Vegas stake

Pallavi Madhiraju- August 27, 2023 0

Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company, and Blackstone Real Estate Income Trust, Inc. (BREIT) have jointly announced a landmark deal. ... Read More

Doomed flight ends in flames: Six unlucky souls perish in California sky tragedy

Pallavi Madhiraju- July 9, 2023 0

In a heartbreaking incident early Saturday morning, a Cessna C550 corporate jet crashed and caught fire near Riverside County's French Valley Airport in California, about ... Read More

Blackstone to quit MGM Grand Las Vegas and Mandalay Bay resorts JV

Raghuram Kadari- December 3, 2022 0

Blackstone Real Estate Income Trust (BREIT) has agreed to divest its 49.9% interest in MGM Grand Las Vegas and Mandalay Bay Resort to its joint ... Read More

Wipro introduces Step Up AWS Skills Guild program at AWS re:Invent 2022

Pallavi Madhiraju- November 29, 2022 0

Wipro has announced the launch of Step Up, its new Skills Guild with Amazon Web Services (AWS) at the AWS re:Invent 2022 conference in Las ... Read More

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