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Las Vegas News - Page 564

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Nevada Economy: Taxable Sales Grow Statewide

Statewide taxable sales saw another month of double-digit growth in April, with food and drink and car purchases helping push the economic indicator up by 14.2 percent over April 2003.

Inside Gaming Column: Zounds! Project Z Zooming Ahead

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

Las Vegas Attorney Named to Gaming Commission

John T. Moran Jr., a high-profile Las Vegas lawyer and former sheriff's deputy who has already served on two state boards, today was named to the Nevada Gaming Commission that oversees the state's casino industry.

Comdex Trade Show Leaves Vegas

The producer of Las Vegas' annual Comdex trade show has pulled the plug on this fall's planned technology showcase, deleting an event that only a few years ago was considered the city's most important convention.

MGM Mirage Considering Keeping Circus Circus

MGM Mirage, once its $7.9 billion buyout of Mandalay Resort Group is done, is interested in keeping and maybe redeveloping Circus Circus, MGM Mirage President Jim Murren said.

Las Vegas County Club Counters Wynn's Campaign

The Las Vegas Country Club board launched a counterattack to a hostile takeover campaign by Las Vegas developer Steve Wynn, club members said Wednesday.

Federal Security Official Touts New Policies

Homeland Security official gave an upbeat presentation Wednesday to a House subcommittee, saying new initiatives will help arrivals clear customs without significant delays.

Casino Companies Refocus on Vegas

News Brief: After more than a decade of expansion throughout the United States, big casino companies are no longer leaving Las Vegas.

Gaming Executives Continue to Sell Shares

Officers of major Las Vegas casino companies have sold a total of more than 2.7 million shares over the past couple of months, recent records show.

Competing Interests Emerge

At least three groups have now expressed interest in buying the golf course and golfing rights at the Las Vegas Country Club, officials said today.

Comdex Postponed

MediaLive International, owner of the big Comdex technology trade show in Las Vegas, today said the 2004 show has been postponed.

Wynn Proposal Begs Questions, Club Members Wonder If They're Getting All The Facts

The Las Vegas County Club's board of directors is preparing a response to Las Vegas developer Steve Wynn's $40 million buyout offer, although some members believe they are not being told all of the facts, sources said Tuesday.

Executive Sees Rough Skies Ahead for Airline Industry

The head of Southern Nevada's second-busiest airline painted a dismal portrait of the U.S. aviation industry Tuesday, telling a Las Vegas audience high fuel costs and rigid competition could soon permanently ground many of today's largest carriers.

Caesars Completes Sale of Hilton for $280 Million

Another Las Vegas landmark changed hands Friday when Caesars Entertainment completed the $280 million sale of the Las Vegas Hilton to Colony Capital.

California Deal With Tribes Unlikely to Hurt Las Vegas

The new tribal casino compact agreements signed by Gov. Arnold Schwarzenegger on Monday likely will have no effect on the gaming industry in Las Vegas and little in the rest of the state, industry insiders and experts said.

Room for Another Restaurant?

An already crowded dining corridor in west Las Vegas will soon have another big-name player on the menu.

Wynn Offers $40 Million for Las Vegas Country Club

Las Vegas developer Steve Wynn last week teed up an offer to buyout the landmark Las Vegas Country Club on Joe W. Brown Drive across from the Las Vegas Hilton for $40 million.

Treasury Official Keeps Eye on Las Vegas

The threat of terrorism crippling construction in Las Vegas and the potential for money laundering in casinos have made Las Vegas a unique focus of federal and state agencies, U.S. Treasury Secretary John Snow told a business roundtable on Friday.

New Vegas Flights Planned

Four new Las Vegas flights, including two to previously unserved cities, will be added later this year by Tempe, Ariz.-based America West Airlines and its commuter partner, Mesa Airlines, America West announced today.

Adelson Company May Be Valued at $4 Billion

Sheldon Adelson's Las Vegas Sands Inc., which operates the Venetian Casino Resort on the Las Vegas Strip, may have a market value of at least $4 billion after an initial public offering.

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