Las Vegas News - Page 343
MGM Mirage hopes for quick resolution to CityCenter feud
7 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.
Bally Technologies reports lower earnings30 April 2010
The slot machine maker reported a net income of $23 million, down from $30.6 million a year ago.
Three companies seek St. Louis gaming license30 April 2010
Isle of Capri Casinos, Casino Celebration and Blue Sky Development are all seeking the Missouri gaming license being abandoned by Pinnacle Entertainment.
Pinnacle sells Argentina casinos for $40 million30 April 2010
The gaming operator sold its two Argentina-based casinos for $40 million to a company in the South American country.
Wynn has major plans for Macau30 April 2010
Steve Wynn didn't back away from the idea of moving the casino operator's corporate headquarters to Macau and said he and the company's chief financial officer would spend more time in China.
David Williams wins WPT World Championship29 April 2010
Bodog Poker pro David Williams won the Season VIII World Poker Tour World Championship on Saturday at the Bellagio in Las Vegas. Williams took home his first WPT title and the $1.5 million first-place prize with the victory.
Pinnacle posts first quarter profit27 April 2010
The Nevada casino operator surprised Wall Street by posting an earnings jump of $36.7 million.
Harrah's reports $195 million loss in first quarter27 April 2010
The casino giant lost nearly $200 million mostly due to the lingering impact of the recession on discretionary spending and continued payments on debt.
Boyd withdraws several Station objections27 April 2010
Boyd Gaming said it would focus on one aspect of Station Casinos' reorganization plan.
Sands opens first phase of Singapore complex27 April 2010
The $5.5 billion Marina Bay Sands resort partially opened with 963 hotel rooms, parts of the shopping mall and convention center, several restaurants and bars, and the casino.
Harrah's mum on possible Rio sale27 April 2010
The casino giant declined to comment on reports that the off-Strip Rio may be for sale in Las Vegas.
Report says Harrah's attempting to sell Rio26 April 2010
A report from Bloomberg says Harrah's Entertainment is attempting to sell the Rio All-Suite Hotel & Casino in Las Vegas.
Merger binge could return to gaming26 April 2010
A gaming analyst said bankruptcy sales and companies strapped for cash would flood the market the next two years with gaming assets at cheap prices.
IGT's profit jumps 7 percent23 April 2010
The Reno-based slot machine giant saw a 7 percent increase in net income and a nearly 5 percent jump in quarterly revenues.
Penn National profits down 11 percent23 April 2010
The casino and racetrack operator said its first-quarter profit declined 11 percent from a year ago because of reduced consumer spending on gambling.
Boyd files objections to Station reorganization plans22 April 2010
Boyd Gaming has been seeking to purchase all or a portion of Station Casinos for the past year and says that Station's reorganization plans would diminish the value of certain properties.
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