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Las Vegas News - Page 546

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MGM MIrage Gains Settlement for Bellagio Outage

MGM Mirage said today it received a $6 million insurance settlement in the second quarter related to the power outage that shut down the company's Bellagio resort for more than three days.

Inside Gaming Column: Big News Seen Ahead from Wynn, Adelson

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

Nevada Defies Jobless Trend

Many Las Vegas employers, defying national trends as they have since the recent recession started four years ago, were adding jobs in July.

Palazzo Financing: Sands Has IPO Plan for Resort

Based on surging demand for Las Vegas as a business and leisure travel destination, Las Vegas Sands is proceeding full-speed ahead with financing for a $1.6 billion, 3,000-room resort adjacent to The Venetian.

Vegas Company Posts a Profit

Pinnacle Entertainment Inc. of Las Vegas swung to a second-quarter profit on a property sale gain, revenue growth fueled by a newly expanded property and cost cutting.

Trade Show Lodges Complaint Against Mandalay Director

A small trade show said it has filed a formal complaint with Mandalay Resort Group against a Mandalay board member, saying the board member violated the company's conflict of interest rules by attempting to obtain an equity interest in the show and then blocking the show's desired dates.

Park Service's Plan to Buy Hacienda Advances

A casino near the entrance to Lake Mead that has long been eyed by developers is one step closer to becoming property of the National Park Service.

State Hires Casino Consulting Firm

The state awarded a contract to a Pennsylvania-based consulting firm to help develop a way to monitor money pouring in at slot machine parlors across the state and do background checks of applicants seeking lucrative gambling licenses.

Development: CEO Ready for Bigger Enterprise Near Palms

Chris DelGuidice is still wading through permitting issues for his 880-unit Vegas Grand condominium off Flamingo Road at Swenson Avenue, but he's already making plans for an even larger project next to the Palms.

SEC Filing Notes Wynn Las Vegas on Budget, on Schedule

Wynn Resorts Ltd., the company behind the $2.7 billion Wynn Las Vegas megaresort, said in a Wednesday filing with federal regulators that it sold its Global Express aircraft this month for $33 million.

Schwarzenegger Comes Calling

California Gov. Arnold Schwarzenegger spread his message Wednesday about the revival of his state's economy, but the crowd that lined the runway and second floor at Fashion Show mall seemed more interested in the show than the substance.

The Strip: Protesters Stage Rally at Aladdin

With the expected takeover of the Aladdin by the Planet Hollywood ownership group less than a month away, an estimated 1,500 union protesters rallied Wednesday against the property's failure to recognize the union's organizing claims.

Shuffle Master Files Lawsuits Over Patents

Saying the company intends to aggressively defend patent rights on its products, Shuffle Master Inc. filed a pair of lawsuits in U.S. District Court in Las Vegas.

Critics Rush to Pan Schwarzenegger's Las Vegas Appearance

Without so much as a sneak preview, some notable critics dismissed today's planned Arnold Schwarzenegger Strip stage show as too much style and too little substance.

Officials Spotlight Efforts Against Problem Gambling

The casino industry has stepped up its campaign against problem gambling with more than $13 million in contributions to a national research center and one program that slams the door on gamblers who show serious symptoms of addiction.

Sign Goes Up on Wynn Resort

The sign on Wynn Las Vegas was erected on the side of the building Friday.

Ellis Island Sues Over Failed Tuscany Suites Merger

The merger between the Ellis Island Casino & Brewery and the Tuscany Suites and Casino Resort has been scrapped and Ellis Island's owner has filed suit in Clark County District Court over the abandonment of the deal.

Gaming Companies Urging Employees to Vote

In recent months, several companies have stepped up efforts to register their tens of thousands of employees and produce voter guides on candidates and issues.

Trump Unveils Strip Tower Plan

Taking a break from his efforts to "fire" young go-getters and affix his name across the Manhattan skyline, Donald Trump has turned his attention to Las Vegas.

Nevada Gaming Commission: Hard Rock Ad Issues Unresolved

Despite two months of talks between the Hard Rock Hotel and the state attorney general's office, the Nevada Gaming Commission on Thursday said larger policy issues had to be addressed before the casino's allegedly pornographic advertising case can be resolved.

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