Las Vegas News - Page 278
Caesars says several creditors leave talks over restructuring debt
15 December 2014
Shares of Caesars, traded in Nasdaq, fell $2.03 or 13.66 percent to close at $12.83.
Goldstein appointed president of Las Vegas Sands, replacing retiring Leven15 December 2014
Rob Goldstein, 59, has been with Las Vegas Sands since 1995 and has served in numerous executive positions for the company.
MGM Resorts spokeswoman wins national PR honor11 December 2014
Michaels was named Wednesday to an industry trade publication’s first-ever list of Top Women in PR.
Illegal Word Cup gambling ring: 5 to plead guilty10 December 2014
Five people of seven accused in an illegal World Cup gambling venture to plead guilty.
MGM-AEG arena to offer booking flexibility, open in April 20164 December 2014
The arena’s opening act in 2016 is still unknown.
Regulators recommend Nazarian for one-year limited license4 December 2014
Sam Nazarian, 39, was recommended for a one-year, limited license by the Gaming Control Board following a more-than-3½-hour public hearing in Carson City.
Blackstone gets preliminary nod to acquire Cosmopolitan of Las Vegas4 December 2014
The Gaming Control Board recommended that Blackstone Group be licensed to acquire the four-year-old Strip hotel-casino, which has never turned an annual profit.
Millionaire minted with $1.2 Million jackpot at The Plaza Las Vegas3 December 2014
Lucky player won a whopping $1,200,557 on IGT Wheel of Fortune.
Many come to bury Caesars, not to praise the casino company3 December 2014
The nation’s largest casino operator is under attack from all fronts as it struggles to restructure its gaming industry-high debt load of $22.8 billion.
Caesars calls latest default notice 'meritless'25 November 2014
On Monday, Caesars said it received a default notice last week from UMB Bank related to its senior-secured notes covering CEOC. Caesars said it “does not believe that a default or an event of default has occurred.”
Analysts favor Caesars move to put key unit into REIT24 November 2014
Fitch Ratings Service said in a report, however, the spinoff won’t prevent Caesars from having to go through bankruptcy reorganization to restructure its $22.8 billion debt.
Wynn Resorts: No federal investigation despite published reports24 November 2014
Wynn Resorts said it doesn’t believe it is under federal investigation despite published reports the casino operator is being targeted for potential money- laundering violations.
Las Vegas officials to make pitch for MLS team20 November 2014
The latest stadium funding proposal calls for the city to contribute $20 million to $25 million for the soccer stadium as part of a package of parks projects of about $50 million.
Wynn Las Vegas and Encore earn top marks in 2015 Corporate Equality Index19 November 2014
Wynn Las Vegas and Encore receive perfect score in report on corporate policies and practices related to LGBT workplace equality.
Editorial: Congress must reverse foolish online poker policy19 November 2014
Prohibition didn’t halt the use of alcohol, it hasn’t reduced demand for illegal drugs, and it hasn’t stopped online poker play.
Thanksgiving-type congestion may become norm for McCarran19 November 2014
Only Chicago’s Midway International Airport has a worse outlook among the nation’s 30 top airports.
Stratosphere parent reverses quarterly loss, grows revenue18 November 2014
American Casino & Entertainment Properties reversed third-quarter net loss and grew revenue 4.1 percent, the company said.
To win locals' hearts, Boyd renews appeal to stomachs18 November 2014
Boyd is planning additional restaurant renovation at the Suncoast, Orleans and other locals properties.
Noise, traffic from events rankle residents near The Linq17 November 2014
The first sign of noise and traffic problems occurred April 4 and 5, when The Linq parking lot was converted into an outdoor venue for the Academy of Country Music (ACM) awards.
Inside Gaming: Decade covering casino industry anything but boring17 November 2014
The past 10 years covering gaming nationally and internationally have been nothing short of a theme park thrill ride that Disney’s greatest designers couldn’t conjure.
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