Judge Approves $800M Payout Plan for Vegas Shooting Victims

A court on Wednesday approved a total of $800 million in payouts from casino company MGM Resorts International and its insurers to more than 4,400 relatives and victims of the Las Vegas Strip shooting that was the deadliest in recent U.S. history.

The action makes final a deal announced earlier this month and settles dozens of lawsuits on the eve of the third anniversary of the shooting that killed 58 people and injured more than 850 at an open-air concert near the Mandalay Bay resort.

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Eldorado Finishes $17.3B Buyout of Caesars Entertainment

A Nevada company that started in 1973 with a single hotel-casino in Reno announced Monday it has completed a $17.3 billion buyout of Caesars Entertainment Corp. and will take the iconic company’s name going forward as the largest casino owner in the world.

Eldorado Resorts Inc. said the combined company will now own and operate more than 55 casino properties in 16 U.S. states, including eight resorts on the Las Vegas Strip.

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Bellagio Error May Be Biggest Sportsbook Loss for Las Vegas

The nearly quarter-million dollars in winning wagers reportedly placed at MGM Resorts last Sunday might be the largest sportsbook loss in Las Vegas history on bets made after an event has started.

Seven longtime Las Vegas bookmakers can’t recall a larger loss, the Las Vegas Review-Journal reports. But each oddsmaker has taken hits on past posts and said it’s a fairly common occurrence at books.

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Decision to Vacate DOJ’s Wire Act Reinterpretation a Big Win for Online Poker

by Johnny Kampis   A U.S. District Court ruling that said the Wire Act only applies to sports betting not only staves off a Department of Justice effort to end interstate online poker efforts,  it will also help facilitate the growth of poker gaming across the country. Earlier this month, U.S.…

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Heller Pulls Away From Jacky Rosen in Poll as Nevada Senate Race Moves Red

by Jason Hopkins   New polling shows Republican Nevada Sen. Dean Heller is pulling ahead of his Democratic rival, Jacky Rosen, indicating a sharp turnaround for the incumbent Republican. A new Emerson College Survey released Monday shows Heller with a commanding seven-point lead over Rosen, a liberal congresswoman vying for…

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Why More Americans Are Moving to Smaller Cities

by Dora Mekouar   More Americans are moving to smaller cities in search of a better quality of life. They’re leaving places like Los Angeles, Chicago and New York for mid-sized cities such as Phoenix and Las Vegas, according to an analysis of data from the U.S. Census Bureau. A…

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Autopsy Shows Vegas Shooter Stephen Paddock Had Anti-Anxiety Drugs in His System as Motive Remains a Mystery

Stephen Paddock was overweight, had some anti-anxiety medication in his urine, and suffered from the usual wear and tear that comes with aging. But the autopsy released Friday failed to help answer why Paddock chose to perch himself in the window of his 32nd-floor hotel room and kill 58 people…

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