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Las Vegas News - Page 359

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Gaming insiders not betting on end of recession

American Gaming Association President Frank Fahrenkopf Jr. said he discounts comments from economists who say the recession is over.

Debt-ridden casino operators told to expect pressure

Casino analysts and insiders told attendees at the Global Gaming Expo that casino companies carrying large debt can expect tough decisions from lenders.

Penn seeks approval to buy Fontainebleau

Penn National Gaming has asked a federal bankruptcy court in Miami to approve the company as the stalking horse bidder for the shuttered Fontainebleau project.

PartyGaming executive sees future in online betting

PartyGaming CEO Jim Ryan told a private meeting of gaming industry investors that Internet gaming companies can provide casinos with better player data and customer tracking technology.

M Resort prepares for holidays in a big way

The Nevada resort will be welcoming the nation's tallest Christmas Tree, a 109-foot White Fir on December 12.

Vegas fraud a sign of the times

More scams and rising casino-worker theft in Las Vegas are seen to reflect the struggling economy.

Station Casinos posts $455.4 million loss

The bankrupt Nevada-based gaming company posted a $455.4 million loss in the third quarter.

Pai Gow poker is for friends

The search for the perfect game for a large group of friends to play at a casino is over. Pai Gow poker has the holy trinity of a good group game -- low volatility and slow play to accommodate multiple bankrolls, socialization and fun.

New season of gaming management courses offered by Univ of Nevada

University's gaming management courses help casino professionals keep pace.

License backed for CityCenter casino

Gaming regulators granted preliminary licensing approval for the CityCenter's casino at Aria.

Nevada not investigating Lee, Pinnacle

The state's Gaming Control Board said there are no plans to open an investigation into Pinnacle Entertainment following the resignation of Dan Lee.

New Year's fireworks returns to Strip roofs

The annual fireworks show will return to the rooftops of seven hotels along the three-mile stretch of the Las Vegas Strip.

CityCenter named best commercial project of 2009

The Forest Stewardship Council-US has honored CityCenter as the best commercial project of 2009.

Boyd accused of trying to control Station case

Station Casinos has accused Boyd Gaming of trying to interfere with the company's Chapter 11 proceedings.

Privé Las Vegas files for bankruptcy

Embattled nightclub owner Privé Las Vegas has filed for Chapter 11 bankruptcy protection due to the cost of recent legal troubles.

WSOP Commissioner Pollack resigns post

World Series of Poker Commissioner Jeffrey Pollack resigned his role with the tournament after four years of rapid growth.

Palms pays fines, prizes for two poker tournaments

The Palms Casino in Vegas will pay a $75,000 fine to the Nevada Gaming Commission for not properly overseeing a pair of poker tournaments.

LV Sands to restart Macau projects

Las Vegas Sands plans to restart its stalled hotel-casino projects on Macau's Cotai Strip.

Bankrupt Herbst Gaming reduces staff

The bankrupt company's layoffs account for less than 5 percent of Herbst Gaming's work force.

Hard Rock, parent of Riviera post losses

The Hard Rock and Riviera Holdings both posted losses for the third quarter but the Hard Rock posted its first increase in revenues in seven quarters.

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