Las Vegas News - Page 548

Gaming's largely unsuccessful lobbying efforts in the contentious 2003 legislative session led to some fractures within the industry.

Local tourism leaders on Friday said they've likely found a way to air a new Las Vegas ad during the telecast of Super Bowl XXXIX.

The transaction gives Landry's its first gaming property and a brand name the company hopes to introduce into different casino jurisdictions.

Barney Vinson: I’d written my dad to tell him where I was, but he never wrote back, and he’d always been good about staying in touch.

Jack Binion, the former manager of Binion's Horseshoe who sold his high-rolling casino empire to Harrah's Entertainment Inc. last year, is considering re-entering the casino business on the Las Vegas Strip or abroad, he said.

A Vietnamese man was sentenced for convincing members of the Las Vegas Vietnamese community to give him money so he could finalize a deal to build a Las Vegas-style casino in Vietnam.

Cirque du Soleil unveiled its latest creation, KA, to an enthusiastic audience at the MGM Grand Garden Arena.

Landry's Restaurants will purchase the landmark Golden Nugget Casino in downtown Las Vegas from Poster Financial Group, Inc. for $140 million in cash and the assumption of $155 million of Senior Secured Notes.

The Las Vegas City Council have indefinitely postponed acting on proposed changes to an 11-year-old downtown land deal with Boyd Gaming Corp.

The NFL has tightened its defenses surrounding Sunday's broadcast of Super Bowl.

Bally Gaming and Systems reports that Flamingo Las Vegas, a Caesars Entertainment, Inc. resort, has agreed to purchase the company's MindPlay MP21 table-game management technology and blackjack system.

The National Football League has again rejected the Las Vegas Convention and Visitors Authority's bid to advertise the city during Sunday's Super Bowl broadcast.

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.

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 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.

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 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.

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.

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.

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