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Las Vegas News - Page 367

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Wynn has major plans for Macau

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 Championship

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 profit

The Nevada casino operator surprised Wall Street by posting an earnings jump of $36.7 million.

Harrah's reports $195 million loss in first quarter

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 objections

Boyd Gaming said it would focus on one aspect of Station Casinos' reorganization plan.

Sands opens first phase of Singapore complex

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 sale

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 Rio

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 gaming

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 percent

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 percent

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 plans

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.

Wynn considers moving company to Macau

Steve Wynn said on CNBC said he might move his company's headquarters to Macau and also criticized President Obama's economic policies.

Vegas attraction takes thrill seekers to new heights

The Stratosphere Las Vegas Hotel & Casino has launched America's first SkyJump and breaks a Guinness World Record.

MGM Mirage asks shareholders for name change

MGM Mirage wants to change its name to MGM Resorts International, but The Mirage is not on the market.

Nevada gaming commissioner won't return to panel

Radha Chanderraj did not seek reappointment to the five-member, part-time regulatory panel.

Group plans bid for Station Casinos

Station Casinos' owners and some of its lenders plan to submit a $772 million bid to acquire a majority of the bankrupt gaming company's assets.

Vegas makes room for stranded visitors

The canceled flights due to the volcanic eruption in Iceland have left some casino operators with an overflow crowd of European guests who can't get home.

Privé, Living Room close at Planet Hollywood

Bankrupt nightclubs in Planet Hollywood Resort on Strip may be finished, sources suggest.

888 acknowledges Nevada gaming investigation

The Gibraltar-based online gambling company is the business partner of Harrah's Entertainment and said Nevada gaming regulators would explore its suitability.

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