Las Vegas News - Page 539

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Bellagio's New Rooms Keep Luxury Level High

23 December 2004

With Bellagio recognized by AAA as a five-diamond property -- the organization's highest rating -- the hotel-casino's executives say they needed to carry that same level of expectation into the resort's newest addition, which opens to customers this morning.

Lakes Entertainment Receives $6 Million

23 December 2004

Lakes Entertainment, Inc. received approximately $6.0 million in cash from Metroflag related to the previously announced sale of the Travelodge property in Las Vegas, Nevada.

Station Casino Completes New Bank Facility

23 December 2004

Station Casinos, Inc. has completed its new $1 billion revolving bank facility, which refinances its $500 million revolving credit facility.

Spreading Christmas Cheer ... $100 At A Time

22 December 2004

When the self-described Secret Santa began handing out $100 bills, the surprise turned to joyous tears.

Pinnacle Entertainment Reports Closing of Stock

22 December 2004

Pinnacle Entertainment reports the closing of its previously announced public offering of 4.6 million newly issued shares of common stock at $18.25 per share.

Initial Public Offering Completed

21 December 2004

The holding company for the Venetian resort has completed its initial public offering of common stock.

Work Continues on South Coast Hotel

21 December 2004

South Coast, with an estimated cost of $500 million, will be the fifth locals casino for Coast Casinos Inc.

Progressive Gaming International Bolsters Table Management Solutions

21 December 2004

Progressive Gaming International has entered into two agreements that expand its existing table management system and related patent portfolio.

Pinnacle Entertainment Reports Final Results for Notes

21 December 2004

Pinnacle Entertainment, Inc has accepted and purchased $96,630,000 aggregate principal amount of its 9.25% Senior Subordinated Notes due 2007 that were tendered in response to its tender offer for up to $97,000,000 aggregate principal amount of 9.25% Notes.

Experts: Nevada Behind in Problem Gambling Treatment

20 December 2004

The Problem Gambling Center, located in a warren of office complexes on the north side of Sahara Avenue and across from the Palace Station casino, isn't easy to find.

Future of Gaming: A Developing Interest

20 December 2004

The scheduled opening in April of the $2.5 billion Wynn Las Vegas may be the catalyst for the newest wave of casino construction along the Strip and around the valley.

Union Workers Reject Mandalay Contract Plan

20 December 2004

Union-backed maintenance workers at three Mandalay Resort Group properties could walk off their jobs as soon as Wednesday after the latest contract offer was overwhelmingly rejected in voting that ended Friday.

Pinnacle Stock Purchased

20 December 2004

innacle Entertainment reports that the underwriters of its previously announced public offering of four million newly issued shares of common stock have exercised in full their option to purchase an additional 600,000 shares of common stock at $18.25 per share.

The Outrigger

20 December 2004

Barney Vinson: I was living good, eating good, making friends, making money, walking around the casino like I owned the place.

Adelson Proves Skeptics Wrong

17 December 2004

Five years after Venetian owner Sheldon Adelson opened his all-suite resort, casino competitors agree that his convention-focused strategy and timely investment in Macau has been a spectacular success.

Wynn Refinances Debt

17 December 2004

A subsidiary of Wynn Resorts Ltd. on Tuesday issued $1.3 billion in first mortgage notes with interest rates 6.625 percent and maturing in 2014, according to a filing with the Securities and Exchange Commission.

Hotels Express Frustration with Monorail's Shutdown

17 December 2004

Resorts along the Las Vegas Monorail route are frustrated and restless about the dormant high-tech train but cautious about being too critical of its failures, since all agree that safety is the most important element of its operation.

Workers Reject Mandalay Proposal

17 December 2004

About 320 maintenance workers at three Mandalay Resort Group properties voted to reject a two-tier wage and benefit contract offer from the company and could strike as soon as Wednesday.

Pinnacle Entertainment Prices Common Stock

17 December 2004

Pinnacle Entertainment, Inc. reports that the underwritten public offering of its four million newly issued shares of common stock has been priced at $18.25 per share, which will result in gross proceeds to Pinnacle of $73.0 million.

Harrah's Names New Vice President

17 December 2004

Marybel Batjer has been named Vice President of Public Policy and Communications of Harrah's Operating Company, Inc., a subsidiary of Harrah's Entertainment, Inc.

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