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Las Vegas News - Page 520

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Strip's Gaming Profit Soars

The 41 big casinos along the Las Vegas Strip posted record profit in the past fiscal year, generating more than $1 billion in net income.

History Channel Presents 'Breaking Vegas'

The new series ‘Breaking Vegas’ on The History Channel looks at some of Las Vegas's most notorious high-stakes cheaters and the various tactics they've used to fleece casinos.

National Lampoon, Barrick to Offer Spring Break Package

National Lampoon Inc., which for nearly 35 years has produced several comic films and a satirical magazine geared to a college audience, has opened a travel division and one of the first destinations it is focusing on is Las Vegas.

Underage Gambler Was Overlooked by Security, Wait Staff, and Casino Dealers

News Brief: The Venetian agreed Thursday to pay a $10,000 fine to Nevada gaming regulators in conjunction with a 2004 episode where a 19-year-old patron gambled and was served alcohol at the Strip resort.

MGM Mirage Reports Strong Results

MGM Mirage reports that adjusted earnings per diluted share rose 42% to $0.51 in Q4 2004 from $0.36 in the 2003 quarter, representing the company's best fourth quarter performance in its history.

Casino Revenue: Gaming Stocks Start '05 Strong

As gaming companies, including giants MGM Mirage and Harrah's, ready their quarterly earnings reports this week, stock prices for the major operators in January reflected investors' optimism that results will surpass Wall Street estimates.

Alliance Gaming Reports Loss

Q2 net loss from continuing operations totaled $(7.5) million, or $(0.15) per diluted share, which includes a write-down of certain inventory and other assets and a bank amendment charge, together totaling $11.7 million.

Inside Gaming: It's Neon or Nothing Even if Fuel Costs Spike

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

Nevadan At Work: Stacy Allsbrook; Executive Director, Las Vegas Centennial Celebration

Stacy Allsbrook, a life-long Southern Nevadan and a 13-year city of Las Vegas employee, is serving as executive director of the Las Vegas Centennial Celebration, a year-long commemoration of the city's 100th birthday.

Adult-Film Company Opens Las Vegas Nightclub

One of the world's best-known adult film companies has set up shop on the Strip.

Analysts Get Preview Tour of Wynn Las Vegas

Despite a significant amount of construction remaining to be completed in the next 90 days, the 2,700-room Wynn Las Vegas resort will be ready when guests begin arriving April 28.

Venetian Pays $10,000 Fine

The Venetian has agreed to pay a $10,000 fine to Nevada gaming regulators in conjunction with a 2004 episode where a 19-year-old patron gambled and was served alcohol at the Strip resort.

Bellagio Presents Chocolate Fountain

Jutting out into the Bellagio’s main corridor like the prow of a ship is a glass-enclosed, floor-to-ceiling chocolate fountain emerging from Jean-Philippe Patisserie.

Private Gaming Salons at Venetian Approved

Like a gambler on a win streak, the Venetian was on top when the Nevada Gaming Commission approved its plans Thursday for its new private gaming salons.

Analysts: Wynn Will Be Able to Charge More For Rooms

After a preliminary tour of the $2.7 billion Wynn Las Vegas resort under construction, some analysts say the property will be able to charge more for rooms than expected and will command among the highest rates on the Strip.

Las Vegas Airport Shatters Annual Mark

McCarran International Airport hosted more than 41.4 million travelers last year, vaporizing all previous 12-month records.

Green Valley Ranch Lures Big Spenders With Expansion

Green Valley Ranch Station Casino hopes their new luxurious Penthouse Suite will lure in the high rollers.

Herbst Changes Price for Lakeside Casino

Herbst Gaming, Inc. has entered into an amendment to its purchase agreement with Southern Iowa Gaming Co. to change the purchase price for the Lakeside Casino.

Man Sues MGM Mirage

News Brief: A Southern California man has sued MGM Mirage for preying on his gambling addiction and inducing him to borrow and lose millions of dollars at its Las Vegas casinos.

Problem Gambling Advocates Laud Guinn's Call for Funding

Problem gambling advocates are applauding Gov. Kenny Guinn's effort to raise $200,000 to help problem gamblers.

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