Las Vegas News - Page 592

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Harrah's, Horseshoe Agreement Official

22 January 2004

Harrah's Entertainment Inc. today said it signed a definitive agreement to purchase Binion's Horseshoe in downtown Las Vegas and is working to re-open the historic hotel-casino.

Hard Rock Hit with Complaint

22 January 2004

The Hard Rock hotel-casino could face a fine of as much as $300,000 after the state Gaming Control Board filed a three-count complaint against the Las Vegas resort over its advertising on Wednesday.

Drought Won't Change Water Park Plans

22 January 2004

Don't bet on the drought prompting Las Vegas casino developers to quit building water-themed resorts, industry experts said Wednesday.

Analysts Foresee Strong Strip Hotel Results for Chinese New Year

22 January 2004

Gaming industry sources have expressed confidence this week's Chinese New Year celebration will attract plenty of high-rolling revelers as they ring in the Year of the Monkey.

Castaways Losses Continue, Turnaround Projected

21 January 2004

The owner of the Castaways hotel-casino lost $1.6 million in December and is projected to lose another $1.3 million in January, according to a filing this week in U.S. Bankruptcy Court.

Ritz-Carlton Restaurant Earns Four-Diamond Award

21 January 2004

A Mediterranean restaurant at the Ritz-Carlton Lake Las Vegas Resort in Henderson has been named to AAA's Four-Diamond List.

Golden Nugget Bid Extension Expected

21 January 2004

Wall Street worry about one-year limitations on gaming licenses for the prospective owners of the Golden Nugget is expected to prompt the buyers' lawyers to ask the Nevada Gaming Commission on Thursday to extend the limitations to four years, industry insiders said.

Casino Hit With Lawsuit in Gangs Battle

20 January 2004

A lawsuit filed last week in District Court claims an Arizona couple suffered emotional distress and physical harm when they witnessed a gun battle between rival motorcycle gangs at a Laughlin casino.

Commission May Consider Restrictions on Strip Pedicabs, Segway Scooters

20 January 2004

News Brief: Clark County commissioners may soon consider new restrictions for pedicabs and Segway scooters on the Strip.

Gaming Industry Bonds Notch Yields of 15 Percent

20 January 2004

Gaming industry bonds posted yields approaching 15 percent in 2003, even better than their yields the year before but seriously lower than returns from similarly rated bond offerings, analysts said Monday.

Casino Closing: Horseshoe Employees Getting Aid

20 January 2004

While executives continued talks Monday to complete Harrah's $50 million deal to buy Binion's Horseshoe, more than 200 of the closed casino's workers sought assistance from Nevada Partners and the Culinary Training Academy.

Woodworkers' Convention to Move to Las Vegas in '05

19 January 2004

The Association of Woodworking & Furnishings Suppliers will move its AWFS Fair to Las Vegas in 2005, ending a relationship the event has had with Southern California since 1957.

Four Vegas Flights Added

19 January 2004

America West Airlines will continue its expansion in Las Vegas with four new round-trip flights in April, including new service to Burbank, Calif.

Inside Gaming Column: Gaming Operators Could Hit IPO Market

19 January 2004

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

The Horseshoe Closing: Blame Becky

19 January 2004

Becky Binion Behnen's 5 1/2-year stint as owner of Binion's Horseshoe was a disaster, industry experts agreed.

Downtown Casino: Binion's Deal Still Unsigned

19 January 2004

Becky Binion Behnen and Harrah's Entertainment Friday were 'making substantial progress' in negotiating a final agreement to sell the landmark downtown hotel-casino, a lawyer for Behnen said Friday.

Las Vegas Cabby Wins World Record Nickel Slot Jackpot

19 January 2004

Las Vegas cab driver Robert Baker won a $3.2 million nickel slot jackpot over the weekend.

Caesars Talking to Baseball League

16 January 2004

Caesars Entertainment Inc. is talking to Major League Baseball about moving a franchise to the Las Vegas Valley.

Report: Las Vegas Gaming Fuels Real Estate Market

16 January 2004

News Brief: The Las Vegas office market is expected to improve this year as gaming revenues increase and new jobs are created, according to a new report from a major real estate brokerage firm.

Binion Deal Unsigned

16 January 2004

Sources say that the owner of Binion’s Horseshoe has failed to sign or discuss a definitive sales agreement that was delivered to her Tuesday by prospective buyer Harrah's Entertainment.

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