Aria Resort & Casino News - Page 13

CityCenter condominium sales brought in $490 million in revenues in 2010, much less than the once anticpated $2.7 billion.

An anonymous woman hit the Megabucks jackpot Friday at CityCenter’s Aria, winning almost $12.8 million.

After a successful 2010, Casino City's Vin Narayanan is ready to get 2011 off in the right direction. So here is his gambling to-do list for the New Year.

The CityCenter megacomplex in Las Vegas will celebrate its first anniversary on Thursday and saw a number of highs and lows.

The recession and falling revenues have have devalued casinos. Penn National picked up M Resort's debt for 23 cents on the dollar and will wait out a Las Vegas recovery. Across the country Resorts Atlantic City was sold to gaming veteran Dennis Gomes for $35 million, the lowest price ever paid for a New Jersey casino.

A Chicago lawyer said his hair was scorched at the Vdara Hotel in CityCenter by a sun ray.

Nevada gambling regulators investigate casino where Michael Jordan's son boasted on Twitter about drinking and gambling.

Dubai World, which owns 50 percent of CityCenter, may be looking to sell its stake in the casino operator to pay down more than $14.4 billion of bank debt.

MGM Resorts International has settled overdue payments with 77 subcontractors at the CityCenter mega-resort in Las Vegas.

The Las Vegas-based casino giant said its second quarter net loss was $883 million compared to a loss of $212 million in the same quarter last year.

The poker pro is holding her "Big Slick Boot Camp" at Aria Resort and Casino in Las Vegas on July 5.

The Las Vegas resort has closed sales on nearly 200 of the 2,400 high-rise condominium units available at the Strip development.

The casino giant says it has begun the process of paying subcontractors involved with the construction of the CityCenter project in Las Vegas.

Casino mogul Steve Wynn is blaming CityCenter for dragging down room rates that "has by and large blunted the effects" of a possible Vegas recovery.

CityCenter CEO Bobby Baldwin vowed to pay subcontractors who claim they are owed almost $400 million following a meeting between MGM Mirage executives and Gov. Jim Gibbons.

The casino company will invite CityCenter subcontractors to discuss what can be down to settle some $390 million in disputed claims.

Condominium closings at the Las Vegas megaresort have totaled $118 million in sales at a pace not originally desired by MGM Mirage.

Gov. Jim Gibbons held a meeting with general contractor Perini Building over a payment dispute for the CityCenter project.

"The Ivey Room" is an exclusive high-limit poker table area at CityCenter's Aria in Las Vegas. To unveil the room, Aria will host a $1 million VIP Poker Tournament for invited customers May 22. Participants will compete for the $250,000 first-place prize and an opportunity to earn $100,000 for knocking Ivey out of the event.

MGM Mirage CEO said he hopes the company's dispute with Perini Building Co. over payment of $500 million in CityCenter construction costs will be settled in quickly in Clark County District Court.