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Las Vegas News - Page 388

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Shuffle Master posts net loss

The gambling equipment provider posted a net loss if $973,000 for the quarter ended Jan. 31.

Aide says Obama not anti-Vegas

Press secretary Robert Gobbs said that the president never said "don't go to Las Vegas."

Plan to buy Cannery Resorts falls apart

A $1.75 billion deal by Australian gaming company Crown Limited to buy Cannery Casino Resorts collapsed on Thursday.

Registration is open for WSOP

Players can register online or in-person at the Rio Hotel & Casino in Las Vegas, which is the host property.

Room tax hike: Sun's winners and losers

The state Senate passed a 3 percentage point increase in the hotel room tax Tuesday, which current projections show will raise about $230 million.

Casino winnings plunge 14.7 percent in January

Winnings at casinos on the Strip fell 14.7 percent in January, the fourth straight month of a double-digit declines.

Herbst Gaming will split businesses

Under the deal, lenders will control Herbst's 15 casinos in three states while Herbst brothers will control its Nevada slot routes.

LV Sands exec quit before he would be fired

Former President Bill Weidner stepped down from his post Sunday after constant infighting with Chairman and CEO Sheldon Adelson.

Boyd continuing Station Casinos push

A finance professor said that Station's bondholders hold the key on whether Boyd can complete its purchase of many of the casino company's assets.

LV Sands President and COO quits

Bill Weidner, who has led the casino company for almost 14 years, has resigned after "conflicts" with CEO Sheldon Adelson.

M Resort blimp pilot one of a kind

Terry Dillard is one of just 56 certified blimp pilots in the world and steers the M Resort blimp above Las Vegas.

Pinnacle posts fourth-quarter loss

Despite posting the loss, the casino company's revenues were up in the South and Midwest.

Work stopped on west tower at Cosmopolitan

Construction has stopped on a portion of the Cosmopolitan's west tower while some floors are redesigned.

Huck Seed takes Heads-Up Championship

Huck Seed took out Vanessa Rousso in the tournament's best-of-three final table and won a $500,000 first-place prize.

Analyst says Harrah's will be bankrupt by end of year

A bond analyst said she doubts the latest debt swap offer from Harrah's Entertainment will be successful and that the gaming giant will be in bankruptcy court by the end of 2009.

Regulators eye another entry for Nevada Black Book

A slot machine cheat was nominated to become the 37th entry onto the State's List of Excluded Persons.

MGM Mirage talks collapse with Deutsche Bank

MGM Mirage is in the hunt for financing for its $9.1 billion CityCenter project after talks with collapsed late Wednesday.

Expect a boomer boom in Vegas

A hospitality expert says that Las Vegas should prepare for an influx of older customers that might struggle to navigate the huge resorts in the city.

Vegas board backs sale of Treasure Island

The Gaming Control Board approved Phil Ruffin's $775 million purchase of Treasure Island from MGM Mirage.

MGM Mirage's cash crunch

Analysts now say MGM Mirage is at risk of filing for Chapter 11 bankruptcy protection as it enters the final stretch of building the $9 billion CityCenter.

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