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Las Vegas News - Page 337

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New poker league announces dates and formats

Federated Sports and Gaming and the Palms Casino Resort has released the schedule for the first season of their professional poker league.

CityCenter condos bring in $490 million

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

MGM founder donates $200 million to UCLA

MGM Resorts International founder Kirk Kerkorian is transferring his $200 million charitable foundation to UCLA.

Penn National continues to stay busy

Penn National Gaming began preliminary site work in January on a potential location in New Orleans for a $145 million casino.

Nevada may allow wagering on events other than sports

Nevada regulators recently overturned the rules restricting wagering on non sporting events, paving the way for sports books to begin taking bets on things such as who will win the Oscar for best picture or who will be the next "American Idol" winner.

Wynn Resorts reports better-than-expected profits

Wynn Resorts attributed the increase in profits to improving business conditions in Las Vegas and growth in Macau.

Nevada sees first yearly revenue increase in two years

he Nevada Gaming Control Board announced Thursday that casinos, collected $10.4 billion in gaming revenues in 2010, an increase of 0.1 percent compared to 2009.

Las Vegas Sands cuts comps for middle-tier gamblers

Las Vegas Sands has eliminated free hotel rooms and other complimentary offerings for middle-tier customers at The Venetian and Palazzo.

Questions remain over stopped-in-progress Nevada projects

A number of major casino projects in Las Vegas, including the Fontainebleau, are sitting dormant after construction was halted due to costs.

Vegas Hard Rock files lawsuit to halt foreclosure

The Hard Rock Hotel in Las Vegas filed a lawsuit in New York Supreme Court to try to stop a company from foreclosing on its property.

Vegas hoping for economic touchdown from Super Bowl

Analysts expect the Super Bowl will have an estimated nongaming economic impact of $85.6 million in Las Vegas, while sportsbooks estimate a handle of $88 million to $90 million.

Las Vegas gaming industry expected to have slow recovery

Fitch Ratings Services believes the American gaming industry has a stable outlook but the economic recovery in Las Vegas will lag Nevada casino markets.

Penn National begins M Resort promotion

Penn National Gaming told investors it has begun marketing the newly-acquired M Resort to its customer database.

Vegas airport slot machine fees lowered

Clark County commissioners agreed Tuesday to lower fees for McCarran International Airport's slot machine concession.

Vegas Hard Rock receives forclosure notice

A group of lenders has filed a notice of foreclosure against the struggling Hard Rock Hotel in Las Vegas.

Binion's Gambling Hall brings back bingo

Binion's Gambling Hall in Las Vegas opened a new bingo room in the middle of the casino floor on Tuesday.

Sportsbooks could take major hit with potential NFL stoppage

Sportsbook industry experts in Las Vegas are still debating the size of a potential hit if National Football League suffers a lock out next season.

MGM Resorts expected to report fourth quarter loss

MGM Resorts announced it would release the company's fourth-quarter and full year 2010 results before the market opens on Feb. 14.

Tribal casino deals continue to thrive

Deals between Native American tribes and major casino companies like Caesars Entertainment and MGM Resorts are becoming more common.

World Series of Poker releases 2011 schedule

The 2011 edition of the WSOP will have 58 gold bracelets up for grabs, including a new $25,000 heads-up event.

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