Las Vegas News - Page 592
Dynamics Help Locals Market Flourish
28 July 2003
One of the reasons competition for the locals gambling customer is so strong is that Las Vegas locals love to gamble.
Locals Casinos: Competition Heating Up28 July 2003
Two dominant companies rule the Las Vegas locals' roost, but Station Casinos and Coast Casinos don't really compete head-to-head.
Vestin Exposure Limited in Castaways Financing28 July 2003
Vestin Mortgage of Las Vegas moved last week to clarify news reports about its stake in a $20 million loan at the center of the Castaways hotel-casino bankruptcy case, emphasizing that its position in the loan is just $7.5 million.
Four Queens Sale Set to Close25 July 2003
The Nevada Gaming Commission on Thursday approved a casino license for poker bar owner Terry Caudill to own and operate the Four Queens casino downtown.
Mandalay to Open Mall25 July 2003
Mandalay Resort Group has signed leases with many of the 40 or so boutique retailers and restaurants set to open this fall in the skyway mall linking the company's Mandalay Bay and Luxor casinos.
Nevada Officials Heed Station Casino's Power25 July 2003
The power of Station Casinos' Sacramento, Calif.-area tribal casino isn't lost on the Nevada Gaming Commission, which held its monthly meeting Thursday in Las Vegas.
MGM Mirage Quits Trade Groups24 July 2003
Unhappy that a broad-based business tax wasn't approved by the Nevada Legislature while casino taxes were increased, gambling company MGM Mirage Inc. quit the Las Vegas Chamber of Commerce and two other business groups.
Castaways to Get New Loan24 July 2003
The bankrupt Castaways hotel-casino on Wednesday received a financial boost from Vestin Mortgage.
Tropicana Results Decline, Redevelopment Studied24 July 2003
Aztar Corp. executives say they are on track with a plan that will allow them to make a definitive decision on whether to redevelop the Tropicana resort in Las Vegas.
Reverend Jackson, Workers Rally at Aladdin24 July 2003
News Brief: The Reverend Jesse Jackson and a sea of workers rallied in front of the Aladdin megaresort Wednesday to try to force casino management to recognize its recently formed union.
Gideon Bibles Still Offered in Las Vegas21 July 2003
In Las Vegas, most major casinos offer Gideon Bibles in rooms but don't have other holy texts available.
Downtown Casinos Agree to Slots at Neonopolis18 July 2003
Las Vegas Mayor Oscar Goodman said Thursday a deal has been struck with the consortium of downtown casinos that permits a total of 25 slots in Neonopolis' restaurants and bars.
Speaking Their Language17 July 2003
The Las Vegas Convention and Visitors Authority has for the first time developed original Spanish-language spots to lure more drive-in traffic from nearby areas with large Hispanic populations.
Vegas Time-Share Execs Resign17 July 2003
Two senior executives and two board members at bankrupt Mego Financial Corp./Leisure Industries of Las Vegas have resigned.
Castaways Exec Outlines Property's Woes17 July 2003
A Castaways hotel-casino executive on Wednesday detailed problems at the struggling Las Vegas property, saying it was denied its best shot at raising funds to convert into a Holiday Inn franchise.
Traffic at McCarran Up in June16 July 2003
The number of passengers flying in and out of Las Vegas' McCarran International Airport increased by 2.3 percent in June over the same month a year ago, the airport reported today.
New Tower Part of Caesars, Park Place Revival Strategy15 July 2003
Park Place Entertainment Corp. has resurrected plans to build a $350 million room tower at Caesars Palace, a company official said today.
Wynn Buys Rembrandt Self-Portrait14 July 2003
Steve Wynn's added a Rembrandt self-portrait to his art collection, and the Strip developer is happy about the $11.3 million purchase.
Travel and Tourism: Data: May Visitor Count Flat14 July 2003
The city's primary economic engine remained largely in neutral through the first five months of 2003, a new survey shows.
Wynn Buys Rembrandt Self-Portrait10 July 2003
A Rembrandt self-portrait that went unrecognized for more than three centuries was bought at auction today for $11.3 million by casino developer, Steve Wynn.
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