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Las Vegas News - Page 412

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CityCenter construction site: Safety issues raised

Several construction workers recently were observed drinking alcohol at nearby bars before they entered the CityCenter job site, a violation of company rules set by the general contractor.

Hard Rock holds steady

The financing is in place and construction on the Hard Rock Hotel's $760 million expansion is proceeding, Morgans Chief Executive Officer Fred Kleisner told investors during Wednesday conference call on the company's earnings.

Citycenter development: Financing fears 'overdone'

Wall Street's concerns about MGM Mirage's delay in completing financing for its massive CityCenter development are overblown, MGM Mirage executives said Tuesday.

Financing for Lake Las Vegas OK'd

Bankruptcy Judge Linda Riegle said she will sign an order today approving $127 million in post-bankruptcy financing for Lake Las Vegas.

Echelon delayed, Boyd decision hailed

The announcement by Boyd Gaming Corp. on Friday morning that the casino operator will delay construction of its $4.8 billion Echelon project on the Strip for up to a year was met with applause on Wall Street.

Get lucky in love in Las Vegas

With provocative shows to set the mood and an intimate nightlife to titillate your senses, the odds of getting lucky in Las Vegas have never been better.

Southern Nevada economy: Analysts' projections sour

Echelon's plight, combined with Tuesday's revelation of more than $3 billion in financing hurdles for MGM Mirage's CityCenter, threw off analyst projections of a local housing recovery set for mid-2009.

Despite downturn, unions seek to organize residential builders

The union campaigns were both conceived several years ago, when Las Vegas and other Western cities were in the midst of a housing boom.

Airport parking fees to increase

Parking fees at McCarran International Airport -- along with charges for cabs, limousines and buses -- are about to go up, as much as 50 percent in some cases.

Fortune Pai Gow Poker jackpot hit for over $500,000

Shuffle Master, Inc. reports that the progressive jackpot on its Fortune Pai Gow Poker Progressive table game hit twice during July.

Losing their very soles

Sparse foot traffic this week in the Las Vegas Convention Center suggests fewer people than usual made tracks to town for one of the shoe industry's biggest conventions.

Vegas.com launches new online store

Vegas.com launches a new online store, www.VegasArrowStore.com, with Las Vegas souvenirs that truly reflect Vegas and feature the iconic red Vegas arrow and, soon, merchandise from shows in the city.

Retiree wins Aristocrat's Millioni$er jackpot

Players have been winning millions playing Aristocrat's Millioni$er penny slot, and now a lucky Las Vegas local has joined the millionaires' club by hitting the jackpot at Rampart Casino in Las Vegas.

Quake felt in Vegas; Nevada ranks No. 3 in quake hazards

From his 10th floor office, Las Vegas Mayor Oscar Goodman said he felt the Tuesday earthquake that was centered in Chino Hills.

Lake Las Vegas: Drainage feared

Bankrupt Lake Las Vegas is struggling to stay afloat financially, but the development's owners are worried a break in a pipeline underneath the lake could drain it.

MGM Mirage, Dubai World late in raising funds

News Brief: MGM Mirage and Dubai World are late in raising as much as $3.5 billion for their $11.2 billion CityCenter project in Las Vegas because banks saddled with debt to casinos and hotels are wary of making new loans.

Gaming's bond ratings reflect past, not future

A couple of weeks ago, major bond rating agencies downgraded credit issued by the major gaming companies, warning that the gambling business in Las Vegas is in trouble.

McCarran flier count dips 7 percent in June

Passenger counts at McCarran International Airport fell 7 percent in June, another indication that the nation's shaky economy is undermining the leisure travel industry.

Inside gaming column: Macau casinos face Olympic hurdle

A selection of news and views from inside the industry this week.

Employment: Open season for jobs

You don't need to tell Robert Gibson how tough it is to find steady work in the current job market.

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