Laughlin News - Page 5
American Casino & Entertainment Properties reports 2015 Q3 financial results
16 November 2015
The casino operator with four locations in Nevada lost $6.7 million in the quarter that ended Sept. 30, compared to $600,000 net income in the same period in 2014.
Britney Spears premiers slot game, extends show at Planet Hollywood25 September 2015
Aristocrat's Britney Spears slot game can be found at several Caesars Entertainment properties. The pop superstar also announced that she has extended her residency show at Planet Hollywood through 2017.
Karas placed in Nevada's Black Book18 September 2015
Archie Karas is famous for once turning $50 into $40 million during an infamous Las Vegas hot streak in the 1990s.
Stratosphere owner increases quarterly profits and revenue17 August 2015
American Casino & Entertainment Properties says the company was driven by higher revenues across all business segments.
Caesars reaches restructuring agreement with second-tier creditors22 July 2015
Caesars Entertainment Corp. has made a deal with a group of creditors that would improve their recovery prospects when the bankruptcy reorganization is completed.
Quarterly profits nearly double for Stratosphere owner18 May 2015
American Casino & Entertainment Properties profited $8 million in the first quarter of 2015, compared to $4.5 million in the same period last year.
Vegas sees largest convention numbers since 2008 with 5.2 million2 February 2015
The Las Vegas Convention and Visitors Authority on Friday publicly confirmed what most people already knew, that a record 41.1 million people visited Southern Nevada last year.
Avi Resort & Casino delivers 3,000 turkeys this Christmas29 December 2014
It’s the giving season and the Avi Resort & Casino & the Fort Mojave Indian Tribe are making sure that thousands of Tri-State area families have a holiday to remember.
Stratosphere parent reverses quarterly loss, grows revenue18 November 2014
American Casino & Entertainment Properties reversed third-quarter net loss and grew revenue 4.1 percent, the company said.
Dotty's taverns are simply complex28 July 2014
Everything making up a Dotty’s — think a grandmother’s house with gambling devices — sits in the warehouse.
Owner of Dotty's buys River Palms in Laughlin for $6.75 million8 July 2014
Nevada Restaurant Services, Inc., the Las Vegas-based parent company of tavern operator Dotty’s, announced last week it was paying $6.75 million to acquire the River Palms in Laughlin from Atlantic City-based Tropicana Entertainment.
Tropicana Entertainment announces sale of River Palms Resort and Casino in Laughlin, Nevada to Nevada Restaurant Services and Laughlin Hotel2 July 2014
Tropicana intends to terminate the lease and discontinue its operation of River Palms in September 2014.
Stratosphere parent reverses loss, sees revenue rise13 May 2014
American Casino said Monday the company had a net income of $4.5 million for the quarter that ended March 31. A year ago, the company reported a net loss of $3 million for the same quarter.
ACEP reports financial results for first quarter13 May 2014
ACEP reported first quarter Net Income of $4.5 million for 2014 compared to a Net Loss of $3.0 million for the first quarter of 2013.
Baccarat, Laughlin, football betting shine in tepid gaming month2 December 2013
Nevada gaming revenues dropped 2.58 percent in October, ending two straight monthly increases. Gaming revenues on the Las Vegas Strip declined 5.06 percent.
American Casino loses $9.4 million in third quarter12 November 2013
The company said its net revenue during the quarter fell 1.6 percent to $84.4 million.
Parent of Stratosphere, Arizona Charlie's reverses net loss14 August 2013
American Casino & Entertainment Properties reported net income of roughly $100,000 in the quarter than ended June 30, compared with a net loss of $2.8 million in the same quarter a year ago.
Hotel occupancy, revenue decline at Stratosphere13 August 2013
American Casino & Entertainment Properties, which operates the Stratosphere, offset its losses with increased revenue at its other properties.
Fertitta creates Golden Nuggets5 August 2013
Tilman Fertitta is expanding his business empire through casino acquisition and development.
William Hill opens new facility at Edgewater casino in Laughlin18 July 2013
The completion of the sports book follows its March opening of the Plaza in downtown Las Vegas.
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