Las Vegas News - Page 342
LV Sands closes $1.75 billion in financing for Macau
21 May 2010
Las Vegas Sands took a step toward restarting its Macau projects by closing $1.75 billion in financing through its Chinese subsidiary.
"Unabomber" attempts to set world record for endurance20 May 2010
Phil “The Unabomber” Laak is looking to set a new world record for the most hours of poker played in a single sitting.
Nevada Gaming Board member not opposed to online wagering19 May 2010
Randall Sayre said he isn't opposed to Internet gambling and that Nevada could become a licensing hub if online gaming is legalized in the U.S.
John Paulson now second-largest MGM Mirage shareholder18 May 2010
The billionaire acquired 40 million shares of MGM Mirage, as well as 4 million shares of Boyd Gaming, during the first quarter of this year through his hedge fund.
Station Casinos posts $53 million loss18 May 2010
The bankrupt casino company reported another quarterly losses because of continued declines in revenue, costs associated with the bankruptcy and various interest expenses.
Paragon Gaming taking on $450 million project in Vancouver17 May 2010
The Las Vegas-based company won a contract to construct an estimated $450 million hotel-casino complex that will be become Western Canada's largest gaming and entertainment resort.
Aria ready for Ivey Room debut17 May 2010
"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.
Hooters Hotel still worried about cash17 May 2010
The owners of the Las Vegas casino and hotel said they don't believe they have sufficient cash to meet all financial obligations this year.
Andy Rooney rips industry on "60 Minutes"17 May 2010
Andy Rooney said that "gambling produces nothing" and it was a good thing that the gambling industry suffered during the recession.
Stratosphere sets stage for improvements14 May 2010
A planned renovation and new thrill ride should help boost the Las Vegas property's performance as the economy recovers.
Nevada gaming revenues dip slightly14 May 2010
Gaming revenues fell by less than 1 percent during the month following February's double-digit increase, the first such climb in almost three years.
Isle of Capri interested in Missouri license10 May 2010
Isle of Capri Casinos is one of 15 groups and individuals who have sent letters of interest to Missouri gaming regulators for an available casino license.
Boyd Gaming posts $8.4 million profit in first quarter7 May 2010
The casino company's profit surpassed analysts' expectations but revenues fell 8.5 percent in the first quarter.
MGM Mirage reports net loss of $96.7 million7 May 2010
Wall Street was not surprised that the casino giant reported a loss of $96.7 million in the first quarter.
Cash for Caulkers bill has casino restrictions7 May 2010
The $5.7 billion bill that offers homeowners rebates for making their homes energy efficient has a clause that says no money from the program can be spent on travel to "gambling or gaming establishments."
MGM Mirage hopes for quick resolution to CityCenter feud7 May 2010
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.
Gaming revenues from casino industry plummet again7 May 2010
The American Gaming Association's "State of the States" report says that commercial casinos in 13 states saw a 5.5 percent decrease compared to 2009.
Vegas firm shows interest in Station Casino properties4 May 2010
Las Vegas-based Silver State Capital Advisors said that it was interested in acquiring some of Station Casino's smaller properties.
Revamped Vegas casino a hit for first weekend3 May 2010
The Oasis at Gold Spike opened its renovated 50-room boutique hotel last weekend and sold out.
Did Steve Wynn criticize Sheldon Adelson?3 May 2010
Steve Wynn might have taken a veiled swipe at Las Vegas Sands Chairman Sheldon Adelson in response to developments in Macau.
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