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Las Vegas News - Page 621

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Binion's Plans Internet Casino

Binion's Horseshoe introduced a `play for fun’ website this week that is intended to serve as a first step to launching a real-money Internet casino for foreign bettors.

Las Vegas Plans for New Year's Eve Fireworks

News Brief: For the third consecutive year, New Year's Eve in Las Vegas will include a large-scale fireworks display over the Strip.

Vegas Gaming Win Still Weak Compared to 2000

Casinos along the Las Vegas Strip won $395.3 million in October, up 10.4 percent from a year ago and the third straight month of increased revenues. But the amount won was still down .5 percent compared to October 2000.

Economist: Las Vegas Growth to Dwindle Due to Lack of New Megaresorts

News Brief: The Las Vegas Strip can expect only slow to moderate growth in the near future due primarily to the lack of any new megaresorts, which fueled most of its success the past decade, an economist said Wednesday.

Warhol a Good Bet at Casino Gallery

News Brief: A collection of more than 50 Andy Warhol celebrity paintings and works on paper will debut at the Bellagio Gallery of Fine Art in February.

Survey: Strip Holiday Room Rates Down

The average room rate on the Strip has dropped 22 percent for the Christmas weekend, Dec. 28 and 29, compared with last year, according to recent survey data collected by Wall Street broker Bear, Stearns & Co.

Barrick Execs: Downtown Ripe for Redevelopment

A Barrick Gaming Corp. executive Monday said its $82 million deal to buy a collection of downtown casino and motel properties was a vote of confidence in the future of downtown.

Downtown Casinos Sold

Jackie Gaughan today announced plans to sell four casinos in downtown Las Vegas to a startup company for $82 million.

Rodeo Spells Relief for Vegas Hotel Operators

Although the competition will take place exclusively at the Thomas & Mack Center, the Wrangler National Finals Rodeo's economic impact will be felt by businesses throughout the Las Vegas Valley.

Binion's Horseshoe Casino Sued by Landlord

Binion's Horseshoe hotel-casino in downtown Las Vegas, was sued Wednesday over $194,529 in allegedly unpaid rent by a group of investors in Clark County District Court.

Sheriff: Las Vegas Vulnerable to Terrorist Attack

Las Vegas's gaming industry is extremely vulnerable to possible terrorist attack, the Clark County's sheriff-elect told a group of casino security officials Wednesday.

Foreign High-Rollers Returning to Las Vegas

Many international high-rollers are returning to Las Vegas casinos after the terrorist attacks but those from Latin America are continuing to stay away, says a top official of the Mandalay Bay hotel-casino.

Condo Complex Set for MGM Site

MGM Mirage expects to build a luxury condominium complex on the northeast end of the company's MGM Grand casino resort property in Las Vegas with partner and condominium developer Turnberry Associates.

Nevada Approves Another High Rollers Salon

News Brief: A bid by Mandalay Bay Resort & Casino to be the third Las Vegas megaresort with private gambling salons for high-rollers was endorsed Wednesday by state regulators.

Final Respects: Ralph Engelstad

Hundreds of the late Ralph Engelstad's friends and family members turned out Tuesday to pay their final respects to the Imperial Palace founder.

Judge Grants Extension on Aladdin Sale

The bankrupt Aladdin hotel-casino has received another extension of a deadline to file a plan to sell the resort or produce a reorganization plan.

Once Struggling Las Vegas Casino Seeing Better Results

News Brief: One year after the ownership change of Summerlin's JW Marriott and its leased Rampart Casino, both hotel and casino operators say they couldn't be happier with their results.

Oddsmaker Reizner Dies at 81

Julius Charles `Sonny’ Reizner, the dean of Las Vegas bookmakers and one of the world's foremost experts on sports betting, died Saturday of Parkinson's disease in Las Vegas. He was 81.

Engelstad Generosity Noted by Home Town

When news of Ralph Louis Engelstad death surfaced on Wednesday, visitors started streaming into the $104 million arena he financed for the University of North Dakota. A short tribute is planned during tonight's hockey game there.

Las Vegas Room Revenues Improving

For the first time since the Sept. 11, 2001, revenue per available room at Las Vegas resorts was up almost 10 percent in September compared with the year before and compared with an rise of just more than 9 percent for the lodging industry nationwide.

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