Las Vegas News - Page 646

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Nevada Regulators Endorse New Four Queens Owner

4 April 2002

News Brief: Terry Caudill, a casino industry veteran who started out as a dice dealer, was endorsed as the new owner of the Four Queens hotel-casino in downtown Las Vegas.

Players Line Up as Megabucks Hits $17 Million

2 April 2002

The Megabucks progressive slot machine jackpot climbed above $17 million on Monday as players stepped up to drop dollars into their favorite machines throughout Las Vegas.

Casinos Worried About Chinese Government Backlash

29 March 2002

News Brief: Casino industry executives worry about a possible Chinese government backlash in response to a highly critical Washington Post story about the influx of well-to-do gamblers from mainland China to Las Vegas.

Icahn Again Taking Stratosphere Private

29 March 2002

Financier Carl Icahn is once again moving forward with a proposal that would take Stratosphere Corp. completely private.

Las Vegas Ready for Final Four Bets

28 March 2002

News Brief: Las Vegas sport books are in the middle of what's arguably their biggest betting season as the single-elimination tournament prepares for this weekend's Final Four.

Andersen May Lose Big Vegas Clients

28 March 2002

New Jersey gaming regulators on Wednesday barred the state's casino operators from doing business with Arthur Andersen, including two of its largest Las Vegas clients. Nevada is not planning to follow New Jersey’s action.

More Creditors Protest Aladdin Sale Proposal

28 March 2002

The Aladdin's unsecured creditors have joined a protest against plans to quickly sell the bankrupt $1.2 billion Las Vegas Strip hotel-casino.

Eight Casinos File Appeals on Property Values

27 March 2002

Eight major casinos in Southern Nevada, whose net income ranged from $35.4 million to a loss of $3.1 million, have filed appeals with the state Board of Equalization to reduce their property values.

Wall Street Banker Joins Le Reve Effort

27 March 2002

Wynn Resorts has hired a Wall Street banker with deep gaming industry connections, presumably to assist the company in securing financing for the proposed $1.65 billion Le Reve hotel-casino on the Las Vegas Strip.

Las Vegas Visitor Numbers Drop

27 March 2002

News Brief: The number of Las Vegas visitors fell 4.8 percent in January to 2.67 million, compared with 2.81 million in January 2001, according to statistics released by the Las Vegas Convention and Visitors Authority.

Vegas Hotel Adding Meeting Space

27 March 2002

Construction will begin next week on a 10,500-square-foot event center in Las Vegas that will cater to small groups and local conferences.

Mandalay Bay Convention Bookings Set for Opening

27 March 2002

The Mandalay Bay hotel-casino's 1.8 million-square-foot convention center has booked a series of meetings and conventions in advance of the building's January opening.

Casino Execs Upset Over Chinese Gambler Story

27 March 2002

Las Vegas casino executives were shaking their heads Tuesday over a Washington Post story about the exploits of wealthy Chinese gamblers.

Industry Execs: Las Vegas Kid Friendly Attitude an Act

26 March 2002

News Brief: Glenn Schaefer, Mandalay Bay Group President, says that off the record, Las Vegas casino execs hate babies, but love baby boomers.

China's High Rollers Invade Las Vegas

26 March 2002

News Brief: Gambling executives say China's big-time gamblers could become the fastest-growing market among high-stakes Asian players, outstripping those from Hong Kong, Taiwan and Japan.

Former MGM Slot Director Sued

25 March 2002

MGM Mirage’s Treasure Island sued a former director of slot operations, alleging he sold 196 slot machines without the Las Vegas hotel-casino's consent for $133,021 and allegedly misappropriated the money.

GE Capital Critical of Aladdin Plan

25 March 2002

News that Atlantic City casino operator Colony Capital LLC is eyeing a buyout of the $1.2 billion Aladdin for $500 million or less has drawn fire from one of the largest creditors of the bankrupt Las Vegas Strip resort.

JW Marriot After Local Market

25 March 2002

The old Resorts Casino has a new owner, a new name and a new game plan.

Casino, Brewery To Close

22 March 2002

The Holy Cow! Casino, Cafe and Brewery, a part of the Big Dog's Hospitality Group, is closing its operation.

Station Casino Brothers Push Ultimate Fighting

22 March 2002

Lorenzo and Frank Fertitta III are pushing to develop the Ultimate Fighting Championship as a potentially lucrative extension of their Station Casinos' experience.

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