Las Vegas News - Page 685
Judge Holds Secret Hearing for Casino Robbery Case
6 February 2001
District Judge, without notifying the public, held an unusual hearing at the Clark County Detention Center last month in the high-profile case of a dangerous suspect in a string of Strip casino robberies.
Atlanta Lender Sued over LV Casino Loan Fee5 February 2001
Flamingo sued Choice International Corp., alleging the lender repeatedly refused to return what Flamingo called a `refundable commitment fee’
Nevada Casino Sued Over Molestation of Girl5 February 2001
The family of an 8-year-old is seeking more than $5 million in punitive damages from Si Redd's Oasis hotel-casino in Mesquite.
$1 billion in Expansions Planned for Venetian5 February 2001
Some people may worry about the strength of the Las Vegas market, but not Sheldon Adelson, owner of the Venetian.
Analysts: Las Vegas Megaresorts Struggle in Search for Partners2 February 2001
News Brief: A number of recently proposed Las Vegas megaresorts will likely face a tough challenge in getting partners with casino operating experience, as major Las Vegas gambling companies have shifted their growth focus to Atlantic City, analysts say.
Rants and Raves1 February 2001
California Indian Gambling Impact on Nevada Gaming
1 February 2001
News Brief: A Nevada Gaming Control Board analysis shows Indian gambling in California is likely to flatten casino revenue growth in several Nevada areas, including Reno and downtown Las Vegas.
Station and MGM Mirage Issued Negative Credit Reports1 February 2001
Standard & Poor's issued negative credit reports on Station Casinos Inc. and MGM MIRAGE, citing concerns over potentially heavy debt loads incurred by the two Las Vegas companies' recent acquisition sprees.
Regent Denies Former Exec's Charges1 February 2001
The Regent Las Vegas denied charges raised by its former chief operating officer in a lawsuit that a locals-oriented marketing plan helped drive the resort into bankruptcy.
Asian-themed Property Proposed for Strip31 January 2001
News Brief: Plans for the $104 million Dynasty Forbidden City hotel-casino include a four-story hotel tower with a U-shaped parking garage wrapped around it in a design reminiscent of the Great Wall of China.
Casino Dealers Lose Ruling on Tobacco Smoke31 January 2001
News Brief: The Nevada Supreme Court rejected casino dealers' demands for a medical monitoring program to be paid by tobacco companies to detect the onset of tobacco-related illnesses as a result of their exposure to secondhand tobacco smoke at work.
Tropicana Results Lift Aztar Earnings31 January 2001
Aztar Corp. of Phoenix today reported a 20 percent increase in earnings per share, as its Tropicana hotel-casino on the Las Vegas Strip posted much improved results for the quarter ending Dec. 28. 2000.
Aladdin Announces Positive Cash Flow for Quarter30 January 2001
After a difficult opening, the Aladdin recorded positive cash flow for the quarter ending Dec. 31, its chief executive said Monday.
Supreme Court Justices Order New Trial in Mirage Case30 January 2001
News Brief: The Supreme Court has ordered a new trial over a $5.8 million jury award against The Mirage because a district judge didn't let two jurors help determine the award.
New Flamingo Road Hotel-casino Under Construction30 January 2001
A Las Vegas-based developer has started construction of Tuscany Suites, a 1,000-room hotel-casino slated for completion in fall 2001.
AG Nominee Ashcroft Nevada Ally in NCAA Battle30 January 2001
In a twist of irony, Nevada's congressional delegation is eyeing Attorney General-nominee John Ashcroft, a strong gambling opponent, as an ally in its sports betting fight with the NCAA.
Aladdin Partner Subject of Takeover Speculation30 January 2001
The chairman of London Clubs International is downplaying speculation that a deal for his company could result in the complete sale of its stake in the Aladdin but isn't denying that his company could be for sale.
London Clubs Subject of Takeover Speculation30 January 2001
Last month, the company said it would consider selling part of its 40 percent stake in the Aladdin, the Las Vegas Strip’s newest resort. But divorcing London Clubs from the Aladdin would be tricky.
Nevada Looks at Ashcroft as Potential Ally in NCAA Battle30 January 2001
As part of its fight against the NCAA’s effort to ban sports betting in Nevada, the state’s congressional delegation is pushing a bill that would have the Justice Department investigate illegal sports betting. Ashcroft would be an ironic ally.
Union Splits in Las Vegas Dealer Elections29 January 2001
Dealers in Las Vegas, who historically have not been unionized, voted for the Transport Workers Union at the Stratosphere, but soundly rejected the union at the MGM Grand.
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