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Tag Archives: Nevada State Gaming Control Board

US – Station sets up Red Rock Resorts as holding company

Nevada gaming regulators have approved plans for Station Casinos to create a holding company called Red Rock Resorts as it looks to trade on the Nasdaq. Station Casinos President Richard Haskins revealed that Red Rock Resorts would be a corporate name whilst Station Casinos, which includes 19 large and small casinos, would be the operating…

US – Genting gets the green light from Nevada Gaming Control Board

Genting Group has been recommended for a gaming licence by the Nevada Gaming Control Board for its planned US$4bn Asian-themed resort on the Las Vegas Strip. The Nevada Gaming Commission is scheduled to hold its own recommendation on May 22. Genting said that Resorts World Las Vegas would use up to 85 per cent of…

China – Nevada gaming officials concerned over Macau’s junket operators

Nevada’s highest ranking regulators believe that the use of third party VIP junkets by  casino operators in Macau reduces their ability to prevent money-laundering and increases the chance of other illegal activities taking place. The US-China Economic and Security Review Commission in Washington heard how Macau has a ‘lax regulatory system for its casinos’ which…