Las Vegas News - Page 584

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Former Castaways, Horseshoe Staff : Once Gone, But Now Taken On

2 March 2004

Thanks to pent-up demand for workers in the gaming industry, major casino companies are snatching up former Binion's Horseshoe and Castaways workers, even as the proposed sales and reopening of the properties are progressing.

Longtime MGM Executive Fred Benninger, 86, Dies

2 March 2004

Fred Benninger, who with longtime friend and business partner Kirk Kerkorian developed notable Nevada resorts including the International and a pair of MGM Grand properties, died Sunday at his Las Vegas home.

Inside Gaming Column: Filegate Left for Control Board to Finish

1 March 2004

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

Airport Efforts Appear to Work

1 March 2004

Sometimes people's fondest dreams come true -- and sometimes their worst nightmares never materialize. So far this weekend, both such scenarios have applied to the operators of McCarran International Airport.

Wynn's Stock, Hotel in Fine Shape

1 March 2004

Wynn Resorts topped off twice this week: It poured the top slab on its signature Las Vegas resort and its stock continued its remarkable climb with share price increases leading all other major gaming companies.

Former Sands Exec to Start Own Company

27 February 2004

David Friedman, the No. 2 executive and jack-of -all-trades for Las Vegas Sands owner Sheldon Adelson has confirmed he is resigning to start a new company.

Expert: Las Vegas Could Benefit from Union Merger

27 February 2004

Las Vegas stands to get a lift from the merger of the Culinary's parent union with the retail, textile and laundry workers union, even though it could be challenging for the gaming industry, a UNLV professor said.

Time Shares Plan Considered for Aladdin Land

27 February 2004

Planet Hollywood International Inc. Chairman Robert Earl thinks time share units may be the best way to use a vacant parcel next to the Aladdin that he and his partners would acquire as part of the Las Vegas megaresort they've agreed to purchase out of bankruptcy protection.

Venetian Contest-Rigging Execs Still in Business

27 February 2004

Two of the casino executives fired by the Las Vegas Strip's Venetian resort for their involvement in the rigging of three 2002 promotional contests are still working in the casino business.

Barrick Gaming Secures Financing for Acquisitions

26 February 2004

Barrick Gaming, the start-up company buying four downtown Las Vegas casinos from gaming pioneer Jackie Gaughan recently secured financing for the roughly $82 million deal, a company executive said today.

Individuals Not Named in Venetian Complaint

26 February 2004

Don't look for the names of The Venetian executives responsible for rigging three February 2002 contests for high-rolling gamblers in the complaint and settlement agreement the megaresort and the Gaming Control Board agreed to Tuesday.

Aladdin's Loss Narrows

26 February 2004

The bankrupt Aladdin resort on the Las Vegas Strip reported a $402,122 loss in January in a recent filing with the U.S. Bankruptcy Court.

Mandalay Ad Campaign Stresses Fun

26 February 2004

Mandalay Resort Group is changing the direction of its advertising for its 4,404-room Luxor megaresort on the Las Vegas Strip.

Venetian Exec Leaves for New Venture

26 February 2004

Venetian hotel-casino owner Sheldon Adelson's right-hand man, David Friedman, is leaving the company to build a new gaming resort in Las Vegas.

Las Vegas Boost Room Profits

26 February 2004

Despite flat room rates and tepid leisure travel demand, major Strip hotel-casinos are successfully squeezing ever-higher profits per room, according a Fulcrum Global Partners report.

Latino Theme Eyed as Possibility for Castaways

25 February 2004

The Castaways would be transformed into Las Vegas' first hotel-casino marketed directly to Hispanics if a trio of small casino operators exercise an option to buy the 49-year-old property.

Expansion Under Way at Silverton

25 February 2004

Construction is under way on the Silverton hotel-casino's $100 million expansion.

Venetian Settles Complaint Over Rigging of Contest

25 February 2004

Rigging a 2002 contest to make sure a losing gambler won a Mercedes-Benz and violating other state rules will cost The Venetian $1 million.

Local Group Pursues Castaways, Offering More Than $20 Million

25 February 2004

The odds of the Castaways reopening as a hotel-casino improved markedly Tuesday after three local casino operators signed a letter of agreement giving them an option to buy the property.

Clothes-Minded Told to Open Eyes

25 February 2004

Despite the bling-bling diamond rings, model-studded parties and celebrity posses on display in abundance, most of the nearly 90,000 people in town for this week's Men's Apparel Guild in California trade show came to Las Vegas seeking new ways to grow and improve their businesses.

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