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Nazarian issues apologies, and gaming regulators OK limited license

The Nevada Gaming Commission on Thursday approved SLS Las Vegas part-owner Sam Nazarian a one-year limited license after listening to him apologize for past dealings and not being truthful about his past use of drugs.
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Nevada Power moving toward ending reliance coal by ‘19

A long-term plan that will allow Nevada Power to permanently end its reliance on coal-generated electricity by 2019 was approved Wednesday by the Nevada Public Utilities Commission and will be accepted by the utility, NV Energy President and CEO Paul Caudill said.

Gaming exec McBeath tapped as new CEO of Cosmopolitan of Las Vegas

The new owners of the Cosmopolitan of Las Vegas have tabbed long time gaming executive Bill McBeath as CEO of the Strip resort.

Federal consumer bureau sues Sprint over ‘cramming’

The U.S. Consumer Financial Protection Bureau on Wednesday filed a lawsuit against Sprint Corp. over unauthorized charges on customers’ cellphone bills, a practice known as cramming, in the agency’s first foray into mobile payments.

SEC filing: Perini to receive approximately $189.5 million on lien claims

Tutor Perini Corp., the general contractor behind CityCenter and a party in a massive construction defect case involving the development’s Harmon Hotel, said Wednesday it would receive “total net settlement proceeds” of approximately $189.5 million on its lien claims.

New York awards three casino licenses; Caesars rejected

NEW YORK — New York state approved three casino developments worth $1.4 billion on Wednesday that promise to add more than 5,000 jobs to the sluggish upstate economy and generate around $300 million in tax revenues for state coffers, but a proposal by Las Vegas-based Caesars Entertainment did not make the cut.

Nevada Gaming Commission OKs $1.73B Cosmopolitan sale

Navada Gaming Commission approved the $1.73 billion purchase of the Cosmopolitan of Las Vegas Thursday.

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