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Las Vegas News - Page 663

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Bill May Stiffen Building Rules For Locals Casinos

A bill approved by the Senate Judiciary Committee on Monday would make it tougher for casinos to obtain county or city approval to build resorts near residential neighborhoods.

Private Gambling Salon Bill Advances in Senate

A bill that would permit Nevada casinos to set aside exclusive gaming areas for ultra high-rollers has been approved by the Senate Judiciary Committee.

Stratosphere Casino Hotel and Tower Expansion Project Nearing Completion

The Stratosphere Casino Hotel and Tower is nearing the completion of the anticipated $75 million tower expansion project.

Mandalay Bay, Stardust Eye Convention Center Growth

Despite fears of a general slowdown on the Las Vegas Strip, Mandalay Resort and Boyd Gaming -- are looking at big expansions of their Strip convention operations.

Caesars Palace Sues Las Vegas Nude Dancing Club

Caesars Palace hotel-casino sued to stop a Las Vegas club from allegedly infringing on its trademark when they used the name `Teasers Palace’.

Lackluster Luck Won't Slow Venetian's Growth

News Brief: A company offical says that despite poorer than expected luck for The Venetian's casino during the past three quarters, the low hold percentage won't affect the megaresort's plans to add a 1,000-room hotel tower and two museums.

Excalibur Fined For Poor Treatment of Workers

The Las Vegas Strip's Excalibur hotel-casino will pay more than $50,000 in civil penalties and backpay to 22 of its hotel and casino workers to settle charges of workplace discrimination.

Venetian Hit By Bad Luck

The parent company of the Las Vegas Strip's Venetian megaresort is warning it will likely need to rely on credit from owner Sheldon Adelson to keep from falling out of compliance with its credit agreements.

Beauty Salon Loses to Caesars in Trademark Infringement Dispute

Park Place Entertainment Corp.'s Caesars World Inc. won a court order to stop a Las Vegas beauty salon from operating as "Scissors Palace."

Aladdin Debt Downgraded

Moody's Investors Service downgraded all of Aladdin Gaming Holding's credit ratings Wednesday, a move that affected $620 million in debt.

Las Vegas Hospitality Executives Recognize Privacy Concerns

Hospitality executives and analysts see mobile phones, the Internet and other techno-gadgets as a way to better track their customers' habits in order to better serve them but, they also agree that too much data-collecting of the customer could appear intrusive.

Stratosphere Bondholders Lose Lawsuit Against Lakes Gaming Inc.

Less than a year after coughing up $18 million to settle lawsuits brought by former Stratosphere shareholders, Lakes Gaming Inc. has triumphed in a lawsuit brought against it by former Stratosphere bondholders.

GCR Gaming and Station Casino Pump Extra $20 Proposed Casino Resort

The estimated cost of Station Casino’s upscale Green Valley Ranch Station Casino has escalated to $300 million.

Casino, Lounge Claim Vacant Lot Hurts Business

The Aladdin hotel-casino and Blue Note Las Vegas lounge say that the empty lot next door to them is deterring many customers from entering their establishments.

Italian Mogul Soon to be Coronated 'King of Las Vegas'

Fabrizio Boccardi, with his ``Genesis'' gaming concept, intends to create a new trend recognition in Las Vegas and throughout the world, to new levels of gambling on a casino floor.

Stratosphere's Profit Rises as Company Plans to Add 1,000 Hotel Rooms

The company said it expects to complete its new 1,000-room hotel tower and 350-seat coffee shop, a $60 million project, in late June.

Big Las Vegas Casino Operators Detail Plans for Spending

Park Place is earmarking funds toward the construction of a fifth hotel tower at Caesars Palace, one month after receiving approval from Clark County.

Threat of Asian Gangs Growing in Las Vegas

Asian organized crime may not have reached the level the Italian mob once had in Las Vegas, but there have been two recent busts that prove this area is not immune to a growing international problem.

Aladdin Investors Dig Deeper to Finance Losses

Aladdin’s parent company reported that the megaresort failed to produce enough cash flow to service its debt in its first full quarter of operations.

Beanie Baby Maker Settles Suit Against Casinos

Ty Inc. which accused Aztar Corp. of illegally promoting Ty's "Beanie Baby" toys in exchange for slot play at Aztar's Tropicana hotel-casinos, has reached a settlement with the hotel-casino operator.

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