2017’s Top Gaming Industry Salaries Led by Las Vegas Sands CEO, Sheldon Adelson

December 29, 2017

2017 was an outstanding year for casino operators from all corners of the globe but the true measure of success in the casino industry has always been the annual revenues of the casinos. Considering how shaky the year has been for stakeholders in the industry, it is quite commendable that they managed to overcome a number of obstacles and antagonists to bring in some hefty compensations both collectively and individually. Adelson’s Records Standard 400 Percent Pay Rise Las Vegas Sands CEO and chairman, Sheldon Adelson whose net worth is approximately $32.6 billion had his annual salary bumped up from $1… Read More

Caesars Entertainment Announces Sale of Harrah’s Las Vegas

December 4, 2017

Renowned global casino resort developer Caesars Entertainment Corporation recently announced their intention sell their real estate assets associated with Harrah’s Las Vegas. The proceeds of this sale are to be used to finance the corporation’s purchase of two casino properties in Indiana both of which are estimated to cost about $1.7 billion – these are, Centaur Holdings and both of its Indiana horse racetrack casinos, Indiana Grand and Hoosier Park. This should be more of a sweet deal for Caesars Entertainment as last year, the two horse racetracks collectively brought in $480 million in gross revenue. The gaming company reportedly… Read More