Las Vegas News - Page 611

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Desert Passage Owner Talking to Suitors

6 August 2003

The owner of the Desert Passage mall at the Aladdin said it is talking with several interested parties about buying the property or entering into a partnership to run the mall, though the company did not name any suitors.

Rejected Casino Investor to Try Again

6 August 2003

Luke Brugnara, a San Francisco real estate investor who once threatened to sue state regulators for denying him a casino license, is planning to reapply to run a casino resort planned for the Las Vegas Strip and Convention Center Drive.

Column: Norm! Venetian Owner Pursuing Casino Plans in Britain, Reports Say

6 August 2003

Sheldon Adelson, owner of The Venetian, is pursuing plans with soccer team owners for casinos in Britain, according to published reports in London and Glasgow

Vegas Rated Nation's 'Meanest City' for Homeless

6 August 2003

News Brief: It's been called sinful and decadent. Now the city of Las Vegas has been dubbed the meanest in America for homeless people.

Casinos Hope to Avoid Tax

5 August 2003

Business and casino interests expressed confidence Monday they would not be hit with a new higher payroll tax enacted by the 2003 Legislature to target banks and other financial institutions.

Plan for Caesars Tower Moves Ahead

5 August 2003

Park Place Entertainment Corp. has submitted plans with Clark County to build a 1,000-room hotel tower and a 175,000-square-foot building for retail, restaurants and convention space at its Caesars Palace resort in Las Vegas.

Convention Growth Considered Critical

5 August 2003

Major Strip operators could be in for a 40 percent boost in profitability by 2005 from added convention business and higher attendance levels, a new Wall Street study shows.

Possible New Air Route Between Vegas,Washington

31 July 2003

Las Vegas' McCarran International Airport could benefit from one of six new round-trip flights proposed for Ronald Reagan Washington National Airport in Washington D.C.

Former Vegas Exec to Run Fandango

29 July 2003

Carson City's newest casino, the Fandango, will open by Friday and it will be run by a former Las Vegas gaming executive.

12 Las Vegans Listed Among Convention Industry's Top People

29 July 2003

Las Vegas' reputation as one of the world's leading convention destinations was bolstered by a strong showing in Tradeshow Week's "Power Pack 100" survey of the 100 most influential people in the North American trade show industry.

Venetian Applies to Buy Electricity from Sempra

29 July 2003

The Venetian has filed an application to buy electricity from a competitor of Nevada Power Co., state regulators disclosed Monday.

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 Up

28 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 Financing

28 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 Close

25 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 Mall

25 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 Power

25 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 Groups

24 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 Loan

24 July 2003

The bankrupt Castaways hotel-casino on Wednesday received a financial boost from Vestin Mortgage.

Tropicana Results Decline, Redevelopment Studied

24 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.

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