Harrah's Las Vegas Casino & Hotel News

Resort operators and sports book directors in Las Vegas say the first weekend of the NCAA men's basketball tournament, when the field of 64 teams is cut down to the Sweet 16, is one of the most lucrative wagering weekends of the year.

Despite increases in revenues and operating income, the land-based casino giant suffered a $220.6 million net loss in the fourth quarter.

Roughly 1.8 million shares of the Las Vegas-based casino operator were expected to be listed sometime Tuesday on the Nasdaq Global Select Market.

Caesars Entertainment said its looking to raise up to $50 million by selling shares of the company in a filing with the Securities and Exchange Commission

The $550 million outdoor retail, dining and entertainment project will feature a major Ferris wheel, but will also lead to the renovation of the Imperial Palace and the destruction of O'Sheas casino.

Caesars Entertainment has received approval for a $500 million complex between the Flamingo and Imperial Palace that includes a 550-foot Ferris wheel as its centerpiece.

The Whopper Bar, an enhanced version of the Burger King fast-food chain, has been a major success at the Rio in Las Vegas.

Las Vegas sportsbooks were packed at 9 a.m. on Thursday morning as the Round of 64 of the NCAA men's basketball tournament kicked off.

Six hotels plus a shuttered construction subsidiary will each pay a $3,000 fine because of illegal remodeling.

Harrah's Entertainment will pay $100,000 over sports wagering issues at its Harrah's Las Vegas sports book.