Las Vegas News - Page 598

Visitors kept flocking to the Strip at the end of the holiday week despite broadcasts Friday on CNN and Fox News about terror threats to Las Vegas, gaming industry operators said.

Park Place Entertainment Wednesday confirmed reaching a definitive agreement to sell the Las Vegas Hilton for $280 million to Colony Capital, a Los Angeles-based international private investment firm.

A judge threw out a conviction against an advantage gambler and professional personal trainer who was convicted earlier this year of disorderly conduct for allegedly resisting arrest while being detailed, handcuffed and roughed up at the El Cortez.

Park Place Entertainment Corp. is expected to announce today the sale of the Las Vegas Hilton to Colony Capital for $280 million, sources close to the deal said Tuesday.

Besides special menu items and holiday decorations, Las Vegas’ resorts aren’t doing much to draw holiday visitors.

The Rio Tuesday announced plans to build the world's tallest observation wheel, part of an $86 million project that it promised would change Las Vegas' skyline and bring millions of new visitors to the off-Strip property each year.

Wallace R. Barr: When Park Place Entertainment began crafting an updated policy to promote responsible gambling at our casinos, we thought that our announcement would attract some attention, both inside and outside the gaming industry.

The Golden Nugget probably feels a bigger impact than the Luxor as host hotels of the 12th annual Las Vegas Bowl, but both properties welcome the business during one of the slower periods of the year.

For more than 34 years, the Las Vegan Hilton has been a Las Vegas landmark and an important part of the history of the casino capital of the world.

In what casino industry observers believe is a sign of a near-term sale or closure of Binion's Horseshoe, the husband of property owner Becky Binion Behnen has asked state regulators to withdraw his gaming license application.

A retired homemaker from the Hawaiian island of Molokai wasn't even a whole day into her annual Las Vegas vacation when she won $8.9 million while playing a Megabucks slot machine late Monday morning at the Fremont hotel.

Las Vegas’ Rio hotel-casino is expected to announce today a major construction project that will involve a joint-venture partner.

A bankruptcy court judge gave approval for the owner of the Castaways hotel-casino to borrow another $10 million to keep the money-losing property open and to fund an expansion and remodeling project.

News Brief: An ownership group, collectively known as Boulevard Invest, officially acquired the Desert Passage Mall, shown here in July, from Trizec Properties on Monday for $240.5 million.

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

It's been overshadowed by a younger, flashier and more-expensive sister program, but proponents of the Las Vegas Convention and Visitors Authority's pro-business advertising campaign say they too have been extremely effective in luring more visitors to Southern Nevada.

A bevy of Thanksgiving travelers provided some holiday stuffing for McCarran International Airport, which enjoyed a 9.4 percent increase in passenger traffic in November.

Barney Vinson: I'd been in Las Vegas for less than three weeks.

News Brief: Prosecutors plan to seek a harsher penalty for Sandy Murphy and Rick Tabish if they are convicted a second time of killing casino executive Ted Binion, court documents show.

The Nevada Gaming Commission has approved a complicated deal permitting operators of the Rampart Casino at the Resort at Summerlin to share 50 percent of their profit with the company that owns the property.