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Las Vegas News - Page 589

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Vegas Ranks No. 3 on New List

Las Vegas ranks No. 3 on Inc. Magazine's new list of the Top 25 Cities to Do Business in America. The city trails Atlanta and Riverside-San Bernardino, Calif.

Group Plans To Resurrect Moulin Rouge

News Brief: A group of black business owners has purchased the long-closed Moulin Rouge property and plans to build a $200 million locals' casino resurrecting and celebrating the historic hotel.

Inside Gaming Column: Partners Untie the Corporate Knot

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

Asbestos-Removal Challenges May Hamper Hotel Projects

Workers on Friday completed asbestos removal and demolition of the Vagabond Inn and Tam O'Shanter Motel on the Strip and Sands Avenue, Las Vegas Sands officials said.

Job Center Opens for Laid-off Workers

A one-stop job search center will be set up to help laid-off workers from the Castaways hotel-casino.

Convention Boom to Help Vegas Weather Obstacles

Las Vegas' current convention boom will power it past obstacles such as the proliferation of domestic gaming, Indian casinos and offshore Internet betting sites, according to casino executives.

Panel: California Casino Growth Not Hurting Vegas

The explosion of tribal casinos in California continues to hurt Nevada's second-tier markets but does not appear to be significantly cutting into business in Las Vegas, a panel of experts said at a conference.

NFL, CBS Ad Issue Simmers

CBS won't broadcast the Super Bowl again for at least another three years, but the NFL still intends to talk to the network about why Las Vegas ads ran on some of its affiliates during Sunday's Super Bowl.

Boyd Honored

About 200 people attending the 10th annual American Gaming Summit Tuesday in Las Vegas paid tribute to William Boyd, chairman and chief executive of Boyd Gaming Corp., Las Vegas.

Job of Handing Out Racy Fliers Crucial for Some

News Brief: Handing out photos of topless women to strangers on the Strip for $4 an hour is not Jorge Amador's ideal job.

Analyst: Venetian Clear No. 2, Strong Earnings Put Strip Resort Behind Only Bellagio

Despite strong growth in 2003 at the Las Vegas Sands, owner and operator of The Venetian, Grand Canal Shops and Sands Macau, net income faltered in the fourth quarter on weak table play, depreciation and interest expenses, officials said Tuesday.

Binion's Workers to Still Get Aid

A national emergency program that has been used to help hundreds of former Binion's Horseshoe employees is ending, but another 400 out-of-work casino workers will still be eligible for help, a Nevada Partners official said.

NFL Vows to Close Las Vegas Advertising Loophole

It looks like Janet Jackson's breast isn't the only thing that won't be making a return appearance on next year's television broadcast of Super Bowl XXXIX.

New Nightclub Planned

Hard Rock Hotel and Casino owner Peter Morton has signed a deal to partner with Hollywood nightlife developer Brent Bolthouse on the opening of a new yet-to-be named nightclub at his Las Vegas hotel.

Las Vegas Hilton President Resigns

William Bigelow has submitted his resignation as president of the Las Vegas Hilton as the property's prospective buyer makes plans to announce its choice to head the resort after the sale closes.

Closed Casino: Castaways Likely Finished

The Castaways is unlikely to reopen, Las Vegas casino industry executives predicted on Monday after the 49-year-old hotel-casino was sold to Vestin Mortgage, the property's biggest creditor.

Columnist: Las Vegas, NFL Need Timeout

Las Vegas Sun columnist, Jeff German, thinks that Las Vegas and the NFL need to step away from their squabbling.

Fraudulent Vegas Casino Scheme Claim Settled

A California man has agreed to settle Securities and Exchange Commission claims that he defrauded investors in a bogus celebrity-themed Las Vegas resort and casino.

Las Vegas Sands Results Mixed

Las Vegas Sands Inc., owner of The Venetian resort and the Grand Canal Shops, reported Q4 cash flow of $63.4 million, an increase of 8.7 percent from Q4 2002. But net income of $2.6 million was down from $6 million in Q4 2002.

Gaming Leader Death Almost Unnoticed

The death of a longtime leading Las Vegas gaming executive last month might have gone unnoticed had the resort that he ran for 34 years not closed last week.

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