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Las Vegas News - Page 425

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Dubai World gets OK to increase ownership in MGM Mirage

Dubai World has an agreement with MGM Mirage to acquire up to 20 percent of the company.

Casino CFOs paint bleak picture for future

Money is hard to come by and the sinking global economy is not going to help businesses looking to raise capital.

Wall Street says casinos are bad gamble

Casinos that built massive projects didn't factor in cost of financing, say analysts.

Casino "arms race" declared over

Harrah's CEO says fiscal crunch is forcing companies to rethink and refocus business plans.

Smoking bans sap casino revenue is some states

Colorado and Illinois see revenue dip after smoking bans are initiated at the beginning of this year.

Gaming convention begins amid economic downturn

The Global Gaming Expo kicked off its eighth annual convention Tuesday morning at the Las Vegas Convention Center.

Hawaiian woman becomes instant millionaire

Jessica Abunag wins over $2 million at the Wheel of Fortune dollar MegaJackpot on her first visit to Las Vegas.

MGM Mirage announces new chief

Jim Murren was approved by the casino company's board of directors five days after Terry Lanni resigned.

Vegas boosters see dark times ahead

Tourism predicted to fall for first time since 2001 and just the third time since 1970.

Shuffle Master VP under investigation by SEC

Brooke Dunne is under investigation by the Securities and Exchange Commission for alleged improper trading in company stock .

Gaming revenues fall in 12 states with commercial casinos

American Gaming Association CEO Frank Fahrenkopf Jr. gives the bleak outlook at the Global Gaming Expo in Las Vegas.

Hard Rock Hotel signs agreement with American Indian tribe

Gaming in brief: The hotel chain reaches agreement with Nation Enterprises to brand a hotel-casino near Tulsa, Okla.

Worries subside for Las Vegas Sands

Casino giant has told investors it has begun righting its financial ship.

Blown call swings $64 million to bookies

News brief: A missed call at the end of the Steelers/Chargers game costs gamblers big.

Adelson bails out Sands with talk, cash

In a tough economy, the casino giant dips into his own pockets.

Global Gaming Expo comes at bad time

The slumping economy will affect the event being held this week at the Las Vegas Convention Center.

Runway work could delay flights at McCarran

Aviation officials say rumors of chaos at the airport are greatly exaggerated.

Global Gaming Expo begins next week

More than 30,000 people are expected to attend the event being held at the Las Vegas Convention Center.

Black Gaming may briefly close Mesquite casino

With revenue declining, Black Gaming might temporarily close one of its three Mesquite casinos.

Station Casinos, International Game Technology plan layoffs

Casino company will cut 40 workers while the slot maker cut 10 percent of its workforce.

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