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Las Vegas News - Page 377

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IGT to take $77 million in non-cash charges

The slot machine giant says it would take several fourth-quarter non-cash charges of about $77 million when it announces earnings Nov. 5.

Wynn says Macau may slow gambling development

News brief: Steve Wynn said that the Chinese city may be moving to slow development in the fast-growing casino center.

Palazzo has sports bets at your fingertips

The Palazzo has been offering "In-Running Wager," a mobile gambling system that allows bettors to make real-time wagers.

Wynn, Sands shares fall after Macau limits

Shares in Wynn Resorts and Las Vegas Sands fell following a report in the Wall Street Journal that said Macau may be exploring changes in its gambling limits.

Vegas visitor volume dips in August

Tourism to Las Vegas fell 3.7 percent in August, the 15th straight month the number of visitors has decreased.

Fontainebleau judge appoints examiner to sell project

U.S. Bankruptcy Judge A. Jay Cristol said he wants to keep the developer involved in the case, but wants a sale of the stalled Strip project to proceed quickly.

Wall Street sees hope despite drop

Despite August becoming the 20th straight month that Nevada's gaming revenues have declined, Wall Street says there are some signs of hope.

Decision waits in Wynn tip case

Nevada's labor commissioner said he doesn't expect to issue a decision on whether Wynn Las Vegas' tip-pooling policy is legal until early next year.

Nevada gaming revenue declines 9.3 percent

Nevada recorded its 20th straight revenue decline in August after collecting $847 million, a 9.3 percent decline as compared to 2008.

New Wynn trip package offers private jet to Vegas

Wynn Resorts is offering a new deal aimed at getting California guests in the door without them having to fly commercial or drive.

Pitcher Shawn Chacon arrested on unpaid gambling debts

Authorities say they have arrested former major league pitcher Shawn Chacon at a Colorado bowling alley on charges related to unpaid gambling markers in Las Vegas.

Privé gets 90-day liquor license

The Planet Hollywood nightclub will get the temporary license as police continue a background investigation of the club's new owners.

Penn National makes pitch for Fontainebleau Las Vegas

Penn National is still interested in the stalled Strip Resort but is offering less than $300 million.

CityCenter condo prices cut 30 percent

The move comes as potential buyers of the 2,400 condominium units threatened possible lawsuits against developers MGM Mirage and Dubai World.

Analyst says gaming won't save Vegas

An analyst at Union Gaming Group said during a round table discussion that new casinos aren't going to rescue Las Vegas' economy.

Station Casinos seeking to hold off case

The casino company will ask a bankruptcy judge to uphold a stay on a lawsuit filed by former employees seeking unpaid wages until after the company emerges from bankruptcy.

Casino City's Top-10 most memorable WSOP interviews

Casino City's Vin Narayanan and Gary Trask pick the most memorable interviews that they have conducted in Las Vegas at the World Series of Poker over the last two years and provide a behind-the-scenes look at how the ideas and interviews for the stories materialized.

P.R. efforts low-key even as opening of CityCenter nears

In normal times, a casino company within months of opening a major resort would use every opportunity to tout its virtues.

Fontainebleau judge wants quick sale of bankrupt project

The Fontainebleau Las Vegas bankruptcy judge is pushing for a quick sale of the stalled, partially-completed $2.9 billion casino resort on the Las Vegas Strip.

Analysts see more challenges on Vegas' horizon

Researchers from several Wall Street firms have spent time in Las Vegas to see far the market has collapsed.

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