Las Vegas News - Page 278

Passenger rates to Vegas have been up around 4 percent year-over-year for each month of 2015, and this trend is expected to continue.

Lee is running as a Democrat, and believes her experience working with Las Vegas-area nonprofits will help her in navigating Washington, D.C.'s partisan gridlock.

The last steel beam of the arena's structure was installed on Wednesday, May 26. The arena is scheduled to open in April 2016.

Other employees will have to file claims to receive their retirement payments, which Caesars temporarily stopped distributing as part of its Chapter 11 reorganization.

Richard St. Jean has been appointed the general manager of Hollywood Casino Jamul-San Diego, while Frank Quigley has taken St. Jean's vacated position as general manager of Hollywood Casino Toledo.

Affinity's board claims the proposed price of $9.75 per share was too low to be attractive.

Officials predict 330,000 visitors, more than turned up for New Year's or the Mayweather-Pacquiano fight, and travel numbers are the highest they've been for Memorial Day weekend in 10 years.

Proxy battles are common in corporate America, but they can be time-consuming and expensive. In the past several years, the gaming industry has become embroiled in many proxy battles.

The union says it will resume picketing if it cannot organize the casino's valet parking employees.

The 201-room hotel will be designed to appeal primarily to middle-income Asian tourists, featuring games popular in Asia and an Asian-influenced architectural style.

The first place winner will be going to the World Series of Poker Millionaire Maker tournament, and the second and third place winners have received cash prizes.

The board of directors unanimously approved a $228.1 million budget in less than 25 minutes.

Currently, in Nevada, large taxi companies can add new vehicles at will, but smaller companies can only add them with the permission of the large ones. SB183 would end that.

The charges stem from an FBI-led raid July 9 at three luxury Caesars Palace villas used in what authorities said was a worldwide multimillion-dollar betting operation.

Illinois-based Z Capital Partners says Affinity "has seen no meaningful board leadership or value creation for shareholders" since it was created in 2010 following the bankruptcy reorganization of Herbst Gaming.

The Teamsters Local 986 claims the casino has blocked its valet parking attendants from forming a union and committed unfair labor practices.

A bill in Congress that would ban Internet gambling would inadvertently criminalize Nevada's booming mobile sports wagering business.

MGM becomes the latest Las Vegas operator to leave Nevada Power and purchase its own electricity on the wholesale market, joining Wynn Resorts and Las Vegas Sands.

The transaction, which is expected to close by the end of the year, not only gives Penn its long sought-after address on the Strip, but keeps alive an historic name and a Rat Pack-era property.

New York-based Land and Buildings Investment Management says "substantial insider shareholders" were resistant to changing the company's board.