Las Vegas News - Page 412
Investors with Vegas ties linked with Madoff
9 February 2009
High-profile attorney Sam Lionel and former Stratosphere owner Lyle Berman are two investors who are linked to Bernard Madoff.
Penn National still interested in Strip property9 February 2009
Penn National Chairman and CEO Peter Carlino said the company would "love to get a Strip property" but that current prices are too high.
Hard Rock soldiers on despite slump9 February 2009
Hard Rock's second outpost in Las Vegas is nearly complete and scheduled to open July 9 with more than 500 employees.
MGM Mirage ordered to recheck CityCenter inspections9 February 2009
Clark County has banned and fined two inspectors who filed more than 60 false reports.
Station Casinos' plan called 'good start'5 February 2009
A bond analyst says investors must decide whether taking Station Casinos' offer beats forcing company into bankruptcy.
Wynn gets praise for cuts5 February 2009
Wall Street praised Wynn Resorts for reducing expenses without reducing payroll.
Wells Fargo cancels Las Vegas events4 February 2009
News brief: Wells Fargo cancels employee events in Las Vegas after a report saying it had booked expensive hotels.
Bad checks cited in historic case4 February 2009
District attorney’s bad check unit is seeking a felony arrest warrant for a high-rolling philanthropist who owes $14.7 million in Las Vegas gambling debts.
Hard Rock to open second Las Vegas location4 February 2009
The grandfather of themed eateries will be opening a second Las Vegas location this summer to be parked right in the center of the action on the Strip.
Vegas handle down for Super Bowl4 February 2009
Las Vegas sportsbooks saw an 11.5 decrease from last year's Super Bowl handle according to the Gaming Control Board.
Bally Technologies posts record quarter4 February 2009
The slot machine maker said its net income was up 37 percent despite the economic downturn and was the most profitable three months in the company's history.
Wynn to cut employee hours and bonuses4 February 2009
Steve Wynn announced on Tuesday that his company will cut hours, salaries, bonuses and 401(k) contributions in an effort to avoid layoffs.
Station Casinos seek deal with bondholders4 February 2009
The gaming company will ask bondholders to approve a prepackaged restructuring plan that could see the company emerge from Chapter 11 bankruptcy by the summer.
Moody's downgrades MGM Mirage debt3 February 2009
Moody's Investors Service believes that MGM Mirage's earnings in 2009 will fall below previously anticipated results.
Shuffle Master to replace CEO3 February 2009
Tim Parrot will replace current CEO Mark Toseloff in March after an 18-month search.
IRS raids Vegas casino in fraud investigation3 February 2009
News brief: The IRS raided the Venetian last week in the ongoing investigation into former Fry's executive Ausaf "Omar" Siddiqui.
Top-10 things to look for in a sportsbook2 February 2009
Casino City breaks down the 10 most important attributes to look for when deciding which Las Vegas sportsbook will suit your needs the best.
Reports: Gaming revenue down, casino debt climbing2 February 2009
More bad news affecting Las Vegas' economy came out of two reports released Friday.
Monorail once again proves to be a viable alternative2 February 2009
Monorail proves convenient way to move up and down Paradise to the Hilton and Las Vegas Convention Center and along the east side of the Strip.
Developer hopes M is magnetic2 February 2009
The $1 billion hotel-casino has been under construction for 17 months and is set to open on March 1.
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