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Las Vegas News - Page 544

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Casino Receives $1 Billion Loan

Las Vegas Sands Inc. said it's opening a $1.01 billion credit line for the Venetian.

Police Unit to Occupy Convention Center

Metro Police has moved its Tourism Safety Unit to the Las Vegas Convention Center from downtown's City Hall to provide quicker response time to the tourism district, Metro officials said.

LVCVA Uses Mobile Billboards

A truck owned by Marla Letizia's Mobile Billboards of Las Vegas rolls along the Strip adorned with an advertisement.

Casino Merger Value Rises

The preliminary price for MGM Mirage to buy Mandalay Resort Group has edged up to $8.1 billion in the two months since the deal was announced in June, but Wall Street analysts on Friday said the merger still makes sense for investors and the combined company.

Developers Envision 73-Story Tower of Condominiums on Strip

Refusing to settle for pie in the sky when they're promising to actually build there, a pair of Australian developers said late Thursday they'll soon erect Las Vegas' tallest habitable structure directly north of the Sahara.

Massive Merger: Mall Giant Bids for Las Vegas Empire

Wall Street's 2004 push toward consolidation reprised early Friday, and once again the latest corporate megadeal had multiple Las Vegas connections.

Desert Inn to be Imploded Nov. 17

Steve Wynn says that he plants to simultaneously implode both remaining Desert Inn hotel buildings, including the St. Andrews Tower, about 1 a.m. on Nov. 17.

Former Maxim Investor Hit by Insider Trading Complaint

The Securities and Exchange Commission has accused a Dallas investor in the former Maxim hotel-casino in Las Vegas of engaging in insider trading.

Wynn: Disneyland Casino Reports Overblown

Steve Wynn says that media reports linking him to plans to develop a tribal casino near Disneyland in Orange County, California, are exaggerated.

California Deal Helps Las Vegas Group

George Maloof, owner of the Palms, and Jerry Turk, former owner of Fitzgeralds, were the big winners in California Governor Arnold Schwarzenegger's latest tribal casino agreements.

Merger Stirs Vendors' Fears

Some local Las Vegas vendors are worried that they are going to suffer as a result of the Harrah's and MGM Mirage megamergers.

Expedia's Vegas Call Center to Close

The Las Vegas call center of Expedia.com, an Internet travel company that helped launch the careers of two high-profile gaming executives, is closing.

Wynn-Adelson Feud Still Unsettled

Last month's Clark County Commission decision apparently did not settle a longstanding dispute over parking between Strip casino titans Steve Wynn and Sheldon Adelson.

Strip Property Up for Redevelopment

The little Villa de Flores apartment complex, the subject of an intense legal battle between developer Steve Wynn and hotel owner Mike Flores in the mid-1990s, is again being slated for redevelopment.

Aladdin Deal Clears FTC Review

The acquisition of the Las Vegas Strip's Aladdin hotel-casino by a group headed by Planet Hollywood co-founder Robert Earl has cleared another regulatory hurdle.

Expedia Closing Las Vegas Center

The Las Vegas call center of Expedia.com -- an Internet travel company that helped launch the careers of two high-profile gaming executives -- is closing.

Las Vegans in on Huge Bay Area Casino Deal

Two people with Las Vegas connections are poised to become part of a management team that is expected to run one of the world's largest casinos in the densely populated San Francisco Bay Area.

Hooters Brands Casino Off Strip

Just when it seemed as if every brand imaginable had made it to the Strip, along comes Hooters -- billing itself as delightfully tacky, yet unrefined -- with plans to plant its high-profile brand on one of the quietest little hotels in town.

Broker Alleges Breach of Contract in Las Vegas Hotel Deal

A company that says it has served as a consultant and broker on deals for the owner of the Alexis Park Hotel has filed suit in Clark County District Court.

San Remo Converting to Hooters Brand

Skimpy shorts and tight tank tops already are ubiquitous on the Strip but will be making another debut of sorts at the Hotel San Remo, which has signed a management deal with the Hooters restaurant chain to rebrand the Las Vegas hotel-casino into a Hooters Casino Hotel

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