Las Vegas News - Page 540

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Holiday Décor on the Strip

13 December 2004

Longtime casino types remember the days when holiday decor during December at a Strip hotel-casino consisted of a fake Christmas tree in the hotel lobby, a few twinkling lights in the buffet area and silent nights. These days holiday decorating takes on various levels of expense.

Sands Raises IPOP Estimates

13 December 2004

Las Vegas Sands has again raised the amount of money it expects to get from its initial public offering of stock, saying the company could be worth an estimated $8.2 billion instead of earlier estimates of $6.8 billion.

Mandalay Stockholders Approve Merger

10 December 2004

Mandalay Resort Group reports that this morning at its 2004 annual meeting of stockholders the merger agreement between MGM Mirage and the company was approved by the company's stockholders.

Deadline Set for Wynn Online Job Applications

10 December 2004

Wynn Las Vegas said it is advising job applicants to complete online job applications by Dec. 31 to be considered for positions at the resort, which is scheduled to open April 28.

Las Vegas Strip, Nevada Casinos Stay Hot

10 December 2004

Fueled by big baccarat and other table-game action, casinos along the Las Vegas Strip won $491.9 million in October, a 20.3 percent increase from a year ago and the highest monthly percentage gain since November of 1999.

Shuffle Master Revenues Up

10 December 2004

Focusing on its core business as a casino equipment supplier, Shuffle Master said Thursday the company grew its revenues 48 percent in the fourth quarter and 45 percent for fiscal 2004.

Litigation Could Hurt Alliance Gaming Stock

10 December 2004

Patent litigation brought by International Game Technology against rival slot machine manufacturer Alliance Gaming could be the latest adverse element affecting the company's slumping stock price, one gaming analyst said.

MGM Grand Opens Teatro Euro Bar

10 December 2004

MGM Grand has defined yet another genre of nightlife with the grand opening of Teatro Euro Bar.

Shuffle Master, Inc. Reports Record Results

9 December 2004

Shuffle Master reports dfiluted earnings per share from continuing operations increased 29% to $0.27 and revenue increased 48% to $25.9 million for Q4.

Wynn Seeks Macau Expansion

9 December 2004

Instead of developing second and third Macau properties with other hotel owners, Steve Wynn says the power of Macau is too valuable to sell, and that he'll build at least one, and possibly two properties on the island.

Exec: Encouraging Diversity Can Help Bottom Line

9 December 2004

The head of the MGM Mirage's diversity program says having same-sex benefits available may be the difference in a recruitment battle with a competitor.

Alliance Gaming Comments on Patent Infringement Complaint

8 December 2004

Alliance Gaming Corp. responds to a patent infringement complaint was filed yesterday against the company by International Game Technology.

Gaming Industry Outlook Good

8 December 2004

The gaming industry is expected to consolidate further with a particular emphasis on expansion in Las Vegas, according to an 2005 industry outlook published by bond rating company Fitch Ratings.

Casino Workers Finding Reason to Smile

8 December 2004

Casino Direct Health Services, a mobile dentist clinic in Las Vegas, offers on-site general dentistry services to Station Casinos and Boyd Gaming Corp. employees, and is looking to expand to other casinos and, possibly, beyond the gaming industry.

TJ Matthews Named IGT Chairman

8 December 2004

IGT today announced that Thomas J. Matthews will succeed G. Thomas Baker, as chairman of International Game Technology.

Wynn Resorts Exercises Over-Allotment Option

8 December 2004

Wynn Resorts reports that Deutsche Bank Securities Inc., the underwriter of its previously announced offering of common stock which closed on November 15, 2004, has exercised in full its option to purchase an additional 1,125,000 shares of Wynn Resorts common stock to cover over-allotments.

Nongaming Hotels Thrive in Vegas

7 December 2004

The allure of Las Vegas as a hot tourism destination is drawing more InterContinental Hotels Group properties to the area.

Mikohn Spinning Off Sign Division

7 December 2004

In its latest restructuring move, Mikohn Gaming Corp. will sell off its casino sign division to the division's employees by March and will rename the company in a move to focus on its slot machine and systems business.

Exec: Openness Key to Helping Workers

7 December 2004

Casino companies need to do a better job making workers feel more comfortable about approaching their employers for help in conquering personal problems, including a gambling addiction, Steve Wynn's top human resources executive said at a conference Monday.

AGA VP: Casino Industry Remains Strong

7 December 2004

The consolidation that is occurring in the gaming industry is a sign of its maturity and success, an American Gaming Association executive said today.

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