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Las Vegas News - Page 607

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Remodeling Costs Skyrocket

The owners of the Westin Casuarina have spent $15 million more than they planned to remodel the former Maxim property, they said Wednesday after the Gaming Control Board voted 3-0 to recommend licensing the new property.

Exec Eyes Freemont Changes

The secret to revitalizing Las Vegas’ downtown lies in the city's freewheeling roots, one executive believes.

License Approved for Four Queens Buyer

The Nevada Gaming Control Board approved a gaming license for Terry Caudill, the new owner of the Four Queens casino in downtown Las Vegas.

Palms Expansion Approved

Plans for a second tower for the Palms casino resort in Las Vegas were approved by the Clark County Commission, although a company representative said a final decision on whether to build the 25-story building hasn't been made yet.

Slots Allowed at Supper Clubs

The Las Vegas City Council have passed an ordinance to allow supper clubs to have five slot and video poker machines on countertop bars or in the bar area.

Vegas Magazine Sells Glitz, Glamour and Sex

News Brief: Vegas is a city of sin and showgirls, dreams and jackpots, glitter and glitz -- a life without limits. A city ready for a magazine to call its own.

Lender Criticizes Casino Executives, Vestin Says Castaways Misspent Loan

One day after the Castaways' owners filed for Chapter 11 bankruptcy protection from its creditors, its biggest creditor came out swinging.

New Venetian Tower, Seen to Cut Costs, Opens This Week

The Venetian's new 1,013-room Venezia tower, which opened this week, is expected to cut the Strip resort's overhead cost per room by as much as 12 percent, an analyst predicted Friday.

Golden Nugget Deal Official

The two 34-year-olds who announced their deal to buy downtown's venerable Golden Nugget said Thursday they can't wait to try their hand at running the hotel-casino.

Castaways Loan Approved

Castaways lawyers on Thursday filed for Chapter 11 bankruptcy protection from its creditors, and a federal bankruptcy judge allowed the Fremont Street property to borrow an additional $1 million in order to keep its doors open.

Sahara Drops Eviction Action

The Sahara agreed Wednesday to drop its eviction action against Dyer Ventures Inc., owner of the NASCAR Cafe entertainment complex on the Strip-side of the hotel.

Castaways on Verge of Bankruptcy

The Castaways may file for bankruptcy protection from its creditors today if it is not able to settle a dispute with a lender on an overdue payment on a $20 million mortgage loan, sources said Wednesday.

Tropicana, Union Dispute Settled

The long-simmering dispute between the Tropicana and its 1,400 Culinary Union members has been settled, hotel and union representatives announced.

New Wynn Resort Construction Pace Increased

Wynn Las Vegas resort is adding construction workers at a pace of about 100 every week, with the current total about 1,100, Steve Wynn said Tuesday.

Le Reve Resort Renamed

In a move to create stronger international brand recognition for upcoming casinos, gaming magnate Steve Wynn is bidding adieu to the name Le Reve and has instead rechristened his multi-billion-dollar Strip resort Wynn Las Vegas.

Gluck Joins Aladdin Team

Former Caesars World Chairman Henry Gluck is returning to the gambling industry to assist in the revitalization of the Aladdin resort

Planet Hollywood Wins Aladdin

A federal bankruptcy judge Friday refused to accept offers from other interested bidders, effectively approving Planet Hollywood's $635 million offer to buy the bankrupt Aladdin.

Sands Expansion Opens

The Venetian opened a $45 million expansion of its Sands Expo and Convention Center Thursday, increasing the megaresort's total meeting room area to 1.9 million square feet and boosting Las Vegas' convention role in the United States.

Moulin Rouge Fire Suspect Out on Bail

One of the two men charged with first-degree arson in the fire that destroyed the historic Moulin Rouge casino was out on bail today and had returned to his apartment near the casino, worrying area residents.

Casinos' Culinary Focus Grows

The restaurant business is taking a cue from casinos in remaking itself as an industry that can cater to a customer's every dining and entertainment whim, panelists said at a hotel and restaurant conference in Las Vegas Thursday.

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