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Las Vegas News - Page 573

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Minority Vendors Divided on Mergers

Minority small business people attending the MBE Showcase 2004 had mixed opinions about how the proposed mergers of major gaming companies will affect their chances of doing business with those companies.

Professor: Deals Will Boost Casinos' Clout

Bill Thompson, a public administration professor at UNLV, said the increased concentration of Harrah's and Caesars employees would enhance political power.

Gold Rush, Magic Star Deal Approved

Nevada gaming regulators have approved Station Casinos' request to take over management at Henderson's Gold Rush and Magic Star casinos.

Station Casino Q2 Earnings Surge

Station Casino’s ongoing strategy of buying up any and every prime locals gaming site it can obtain in Southern Nevada has paid off richly in recent months.

Monorail Finally Ready

This morning Gov. Kenny Guinn and other dignitaries arrived at the MGM Grand for a VIP ride on Las Vegas' long-awaited new public transportation system.

Mergers and Acquisitions: Other Deals in Works?

MGM Mirage is continually looking for new acquisition and expansion possibilities although it prefers dealing with some gaming jurisdictions more than others, the company's chairman said in a recent interview.

Moapa Band Cements Deal for its Land

One of the nation's largest cement companies said this week it has struck a deal to build a $250 million plant less than 40 miles northeast of Las Vegas on land owned by the Moapa Band of Paiute Indians.

Imperial Palace to Pay $325,000 to Settle Lawsuit

Imperial Palace Inc. has agreed to pay the federal government $325,000 to settle a lawsuit that accused the company of violating the Fair Credit Reporting Act.

Carrow's Not Likely to Survive Merger, MGM Mirage Exec Sees 'Higher and Better Use'

MGM Mirage's Big Apple-themed New York-New York resort could get some new polish if the gaming company's $7.9 billion acquisition of Mandalay Resort Group is completed as proposed.

Las Vegas Visitors Stay on Record Pace

A surge in convention attendance powered another record for local tourism in May, when Las Vegas welcomed more than 3.2 million visitors for the third consecutive month.

New Las Vegas Sands Resort to Cost $1.6 Billion

Las Vegas Sands on Monday released new details about its planned $1.6 billion Palazzo casino resort on the Strip at Sands Avenue and started marketing a $975 million credit package to provide financing for the project.

Mermaid Show Planned

The Silverton hotel-casino plans to produce a live hourly mermaid show at a 110,000-gallon salt-water tropical fish tank it is building as a new attraction.

Condo Tower In Works For North Strip

A group of Los Angeles-based developers announced plans to build Sky Las Vegas, a 40-story residential luxury high-rise condominium tower located on the west side of Las Vegas Boulevard.

Three Harrah's Executives Named

David Carroll, vice president of human resources at Horseshoe Gaming Holding Corp., joins Harrah's as Central Division vice president of human resources.

Ex-Mirage Official Pleads Guilty in Privacy Case

Former Mirage Resorts Inc. corporate security manager Eugene Harding has pleaded guilty to a federal charge that he conspired with a government official to illegally access an individual's personal tax records.

Casino Loan Earns Boston Unwelcome Attention

News Brief: The Boston Museum of Fine Arts is being challenged for renting 21 Monets to a casino gallery in Las Vegas.

Autopsy Fails to Uncover Cause of Death of Tata

News Brief: Investigators are still trying to determine what caused the death of Amherst native Michael Tata - one of the prominent players in the Discovery Channel reality series 'American Casino'.

Inside Gaming: Pockets Deep, Competition Steep

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

Wynn Increases Las Vegas Country Club Offer to $52.5 million

Rejected once in recent days, developer Steve Wynn has increased his bid for the Las Vegas Country Club, this time offering members approximately $52.5 million in exchange for control of the 36-year-old golf course and its amenities.

Cingular Pulling Poker Sponsorship

Cingular Wireless has pulled its sponsorship of the "Celebrity Poker Showdown" on the Bravo cable network.

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