Las Vegas News - Page 558
Aladdin Turns Profit as Licensing Hearing Nears
25 August 2004
The Aladdin hotel-casino, nearing the end of a marathon run in bankruptcy, reported a profit of $3 million in July, according to a filing in U.S. Bankruptcy Court.
Small Properties May Gain From Proposed Mergers25 August 2004
The two pending casino company megamergers destined to change the landscape of the gaming industry have raised the profile -- and the value -- of some of the small, non-corporate properties, some casino executives say.
One L.A. Flight to be Cut24 August 2004
Southwest Airlines will eliminate one nonstop round trip between Las Vegas and Los Angeles when it revamps its schedule in October.
Casino Receives $1 Billion Loan23 August 2004
Las Vegas Sands Inc. said it's opening a $1.01 billion credit line for the Venetian.
Police Unit to Occupy Convention Center23 August 2004
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 Billboards23 August 2004
A truck owned by Marla Letizia's Mobile Billboards of Las Vegas rolls along the Strip adorned with an advertisement.
Casino Merger Value Rises23 August 2004
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 Strip23 August 2004
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 Empire23 August 2004
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. 1720 August 2004
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 Complaint20 August 2004
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 Overblown20 August 2004
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 Group20 August 2004
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' Fears20 August 2004
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 Close19 August 2004
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 Unsettled19 August 2004
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 Redevelopment19 August 2004
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 Review18 August 2004
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 Center18 August 2004
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 Deal18 August 2004
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.
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