Las Vegas News - Page 412
McCarran traffic numbers drop 12.8 percent
2 December 2008
The number of passengers at the Las Vegas airport fell significantly in October as compared to last year.
Station Casinos suspends 401(K) matches2 December 2008
The casino company is the first in Las Vegas gaming sector to cut contributions.
Wynn launces website for new resort Encore2 December 2008
The newest signature resort in the Wynn collection will open next door to Wynn Las Vegas on Dec. 22.
Casinos face dilemma in struggling economy1 December 2008
Big Strip casinos have seen profits plummet despite cutting room rates and offering discounts and other promotions.
IRS' tip deal riles Culinary1 December 2008
Just 20 months ago, Uncle Sam wanted a bigger piece of the action from casino workers in Las Vegas — perhaps the largest concentration of big-tip earners in the country.
Gambling stocks down again in November1 December 2008
MGM Mirage, Las Vegas Sands, Boyd Gaming and Wynn Resorts all post double-digit declines in their month-over-month daily price averages.
Wet Thanksgiving expected for Las Vegas26 November 2008
If you're making travel plans for the holiday, don't forget to pack an umbrella — up to an inch of rain is possible this week for the Las Vegas area.
Station Casino owners consider cash infusion26 November 2008
The owners could loan the company between $450 million and $500 million to weather the current economic storm.
Hedge fund buys $9.3 million stake in General Growth26 November 2008
A New York-based hedge fund bought the stake in the mall giant, who has seen its shares lose more than 98 percent of their value this year.
Web betting is wedge for Big Gaming25 November 2008
Casino companies are at odds over the prospect of legalized Internet gambling.
Las Vegas Sands board member resigns25 November 2008
Andrew Heyer resigned last week because of increased demands on his "personal business interests."
With gaming help, union puts owning a home within members' reach24 November 2008
Culinary union announces launch of housing program, making $2 million in loan assistance available to first-time homebuyers who are covered under Culinary contracts.
As target users get younger, slots get more hip24 November 2008
Companies show off more slot breakthroughs to interest younger players while still appealing to their core audience of over-65 gamblers.
Cool stuff but no takers24 November 2008
The economic downturn means thinner budgets and less buying at the Global Gaming Expo.
Scaled-back Silverton expansion set to open24 November 2008
The 35,000-square-foot expansion cost $160 million and includes 800 new slot machines, a high-limit room with 60 more slot machines and three table games, and a six-table poker room.
McCarren to add 1,000 parking spots21 November 2008
The Las Vegas airport can now accommodate 12,820 vehicles in time for the holiday season.
Food and beverage vendors down at G2E21 November 2008
The number of vendors appearing at the 2008 expo was down 20 percent from 2007's 120 exhibitors.
Degrees of change in casino hiring practices21 November 2008
More casinos are looking at educational credentials in addition to real-world experience.
Dubai World gets OK to increase ownership in MGM Mirage21 November 2008
Dubai World has an agreement with MGM Mirage to acquire up to 20 percent of the company.
Casino CFOs paint bleak picture for future20 November 2008
Money is hard to come by and the sinking global economy is not going to help businesses looking to raise capital.
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