Las Vegas News - Page 631

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Nevada Supreme Court Blocks Cash Seizure at Binion's Horseshoe

11 February 2002

The Nevada Supreme Court has at least temporarily blocked a District Court judge's order authorizing the seizure of $1.9 million from the Binion's Horseshoe's cage to cover overdue payments to the Fremont Street Experience pedestrian mall.

Travelers Boost Spending, Slot Play at Airport

8 February 2002

McCarran International Airport says many passengers, faced with spending more time in the concourse waiting for flights, are using that time to play slot machines and are spending more on concessions.

Venetian Alliance Aims For European Visitors

7 February 2002

The Venetian has entered into a marketing alliance with London-based Le Meridien in a move designed to shore up international visitation to the $1.5 billion Las Vegas Strip resort.

Court Documents Detail Aladdin Dispute

7 February 2002

A disagreement over whether to publicly release warnings about the poor financial status of the Aladdin led property executives to fire the megaresort's former chief executive officer, according to state court documents.

Bingo Operator Alleges Retaliation for Lawsuit

5 February 2002

Planet Bingo, which filed a patent infringement lawsuit against GameTech International, accused GameTech of retaliating against Planet Bingo for filing the suit.

S&P May Raise Alliance Gaming Credit Ratings

5 February 2002

Standard & Poor's raised its outlook on Alliance Gaming to `positive,’ raising the possibility the Las Vegas gaming company could see its credit ratings raised by S&P.

Binion's Cuts Health Insurance

5 February 2002

Binion's Horseshoe casino in downtown Las Vegas is cutting health insurance benefits for many of its non-union employees, including dealers, effective April 1.

New Frontier Development Delayed Again

5 February 2002

Fears of potential Wall Street investors have forced New Frontier owner Phil Ruffin to again delay his plans to redevelop the aging Strip hotel-casino into a $1 billion, 2,500-room San Francisco-themed megaresort.

Gaming Execs Look to Chinese New Year

5 February 2002

Las Vegas casinos are hoping that the increase in tourists and will continue through Chinese New Year.

Venetian Accused Of Thwarting Discrimination Investigation

4 February 2002

The Nevada Equal Rights Commission wants a court order to hold the Venetian hotel-casino in contempt for allegedly thwarting its efforts to investigate an employment discrimination complaint against the hotel-casino.

R&R Wins Park Place Account

4 February 2002

R&R Partners Inc. has been named the agency of record for Park Place Entertainment Corp.'s eight Nevada properties.

Super Bowl Upset Leads to Vegas Sports Books Loss

4 February 2002

News Brief: According to a sports book director, the winning Patriots going into the game as the underdog could mean Nevada's sports book ultimately come out losers in this year's big game.

Vegas Sports Books Ready for their Big Weekend

1 February 2002

As much as 5 percent of the books’ yearly winnings come from the Super Bowl, but it’s hard to tell where Sunday’s game will rank in Super Bowl history. The record handle for the game in Nevada books was $77.3 million in 1998.

Inside the 'War Room' with Las Vegas' Top Oddsmakers

1 February 2002

For 15 years, Las Vegas Sports Consultants has been setting odds on sporting events for its clients. When it comes to hanging a line on the Super Bowl, no one in Las Vegas makes a move until the company sends out its recommendation.

Casinos Ask for Property Tax Cut

1 February 2002

More than 30 casinos are seeking huge cuts in their property taxes, asking officials to slash the taxable value of their properties by more than $2 billion.

Workers at Binion's Horseshoe Face Loss of Medical Insurance

1 February 2002

Hundreds of Binion's Horseshoe workers face the April loss of their medical coverage after the casino told employees that only some of the property's non-union workers would continue to be protected by the Horseshoe's medical insurance provider.

Aztar Announces Land Deal

31 January 2002

Tropicana-owner Aztar is exercising its option to purchase the remaining 50 percent of the site where the south Strip megaresort sits, potentially paving the way for the redevelopment of the 44-year-old casino property.

MGM Mirage Results Reflect Vegas Economic Rebound

31 January 2002

MGM Mirage reported a big decline in earnings for the last quarter of 2001 but still came in well ahead of analysts’ expectations. The company’s rebound reflects the Las Vegas gaming industry’s bounce back from Sept. 11.

MGM Mirage Trying to Book Paul McCartney

30 January 2002

The company wants to replace the business it would have had at the MGM Grand if the Tyson fight had occurred April 6. A source said it’s working on a McCartney date for that night, along with a high-end baccarat tournament for that weekend.

December Passenger Count Off

30 January 2002

Holiday travel failed to significantly boost slumping traffic at McCarran International Airport as December passenger counts were down for the fourth straight month.

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