Nevada News - Page 294
Despite convention dropoff, Las Vegas sets tourism records for June
29 July 2015
Las Vegas saw 3.6 million visitors last month, a 2.4 percent increase year-over-year.
Inside Gaming: One-time Resorts World exec to reopen shuttered Indian casino29 July 2015
Ivory Gaming founder Christian Goode sees opportunity in overseeing the reopening of the Chukchansi Gold Resort & Casino near Fresno.
Eldorado player wins $167,675 at Pai Gow Poker28 July 2015
Fred K. of Cloverdale, Calif. won the massive score.
Strict fire codes kept Cosmo fire in check, county officials say28 July 2015
The county requires cabanas to be made of non-combustible materials and placed at least 20 feet away from any fuel-fired equipment.
Increased sales at The Ogden signal bright future for downtown Las Vegas27 July 2015
The recent spate of closings at the beleaguered condo tower, which was built right before the recession hit, is the result of lavish upgrades, an innovative lending strategy and optimism about the prospects for the downtown area of the city.
Man leads police on chase through Bellagio's fountains27 July 2015
The incident caused "way over" $5,000 worth of property damage and prompted an MGM spokeswoman to remind guests that the fountains are "not a swimming pool."
One hospitalized after fire at Cosmopolitan27 July 2015
The fire shut down the Strip for about an hour and forced the partial evacuation of the Cosmopolitan.
Caesars spends $223 million to transform Strip resort into The Linq27 July 2015
The changes scrubbed away any remnants of the Strip resort's life as the Imperial Palace and the Quad.
Boyd keeping mum about REIT plans24 July 2015
While REITs are a popular investment choice for casinos, Boyd has repeatedly stated that it will not comment on the possibility of forming one until it has definitive plans.
Super High Roller Celebrity Shootout premieres July 2923 July 2015
Poker Central's high-rolling celebrity poker tournament, which will air on NBCSN, pits movie and TV stars against some of the most well-respected names in poker.
Macau market decline cuts into Las Vegas Sands' quarterly revenues23 July 2015
While the company did still turn a profit, it reported a 19.4 percent decline in revenues and a 30.1 percent decline in profits from last quarter.
Spate of downtown Las Vegas closures symptom of 'growing pains'23 July 2015
Several bars, restaurants and clubs have shut down recently in Las Vegas's revitalizing downtown core.
Pinnacle, GLPI agree on $4.75 billion merger22 July 2015
After two rejected offers, Pinnacle has accepted an offer from GLPI rather than form its own spinoff REIT.
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.
Inside Gaming: MGM Resorts CEO discusses REIT plans22 July 2015
Analysts expect MGM to announce a new strategic plan soon, and an interview with Jim Murren indicates that it is likely to include spinning off part of the company into a real estate investment trust.
GLPI reaches agreement with Pinnacle to acquire real estate assets21 July 2015
Gaming and Leisure Properties, Inc., will acquire nearly all of Pinnacle's real estate properties, and the properties will be spun off into separate property and operating companies.
Airbnb operates in gray areas of Las Vegas' housing laws20 July 2015
Las Vegas regulators are working to clarify and define the legal space that the short-term home rental service occupies and balance competing interests from hosts, guests, hosts' neighbors and the hospitality industry.
California wildfire blocks I-15 road to Vegas20 July 2015
Las Vegas hotels are working to accommodate Californian visitors trapped inside or outside Vegas as firefighters work to control the blaze.
Inside Gaming: Eldorado deal for MGM casinos makes company king of Reno20 July 2015
In conjunction with the all-cash deal with MGM, Eldorado announced a $60 million stock offering and $375 million debt offering. Eldorado is also assuming $60 million in debt through the transaction.
Uber, Lyft licensing fees in Nevada will be highest in the nation17 July 2015
The proposed regulations for ride-hailing companies to operate in Nevada include hefty fees and taxes, but regulators maintain they are necessary to offset the costs of enforcing regulatory compliance.
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