The LINQ Hotel + Experience News - Page 14

Harrah's Entertainment Inc. has signed an agreement to purchase the Imperial Palace for $370 million, giving the company a larger foothold on the Strip and ownership of four adjacent casinos.

Harrah's Entertainment, Inc. has signed an agreement with Imperial Palace, LLC, to acquire the Imperial Palace Hotel & Casino in Las Vegas.

Resorts along the Las Vegas Monorail route are frustrated and restless about the dormant high-tech train but cautious about being too critical of its failures, since all agree that safety is the most important element of its operation.

A pair of "advantage gamblers," who use dealer or casino mistakes to increase their odds of winning, lost an appeal Monday to the Supreme Court seeking the right to sue two Gaming Control Board agents for wrongful arrest.

A $400,000 judgment against the Strip casino Imperial Palace for detaining a gambler who had broken no laws could be good news for the future of gambling in Las Vegas -- but only if it marks the beginning of a trend.

Advantage gambler James Grosjean beat the odds by winning a $400,000 judgment against a Strip casino that a jury agreed violated his rights four years ago.

Imperial Palace owner Betty Engelstad and the property's two new trustees have made big investments in technology that are starting to pay off for the center Strip resort.