Nevada News - Page 307
Stratosphere parent grows revenue, reverses net loss
30 March 2015
American Casino & Entertainment Properties said Thursday its net income of $200,000 for the quarter that ended Dec. 31 reversed a net loss of $2.8 million for the same period a year ago.
Bernard Lee signs with Blaycation, offers poker bucket list experience27 March 2015
The company’s first scheduled poker experience will run from May 27 - June 1st, centered around the World Series of Poker’s Colossus bracelet event in Las Vegas with Lee as the host.
Culinary, Bartenders unions say tentative deal reached with MGM Grand27 March 2015
The four-year contract, which covers porters, bellmen, guest room attendants, cocktail servers, bartenders, food servers, cooks and other hospitality positions, still needs to be ratified by employees.
Elaine Wynn defends fight to retain board seat26 March 2015
Elaine Wynn has challenged the company’s selection process. She is asking shareholders to return her to the board over one of its chosen candidates.
Nevada, Delaware launch online poker network26 March 2015
A Multi-State Poker Network was agreed upon in February 2014 by the states’ two governors in which players from Nevada and Delaware could share poker tables and tournaments.
Celine Dion announces her return to the Colosseum at Caesars Palace25 March 2015
Celine Dion will return to The Colosseum at Caesars Palace on Thursday, Aug. 27, 2015 to resume her Las Vegas show.
Company: Elaine Wynn had conflicts in Strip land deal25 March 2015
Wynn Resorts sent a letter to shareholders Tuesday, asking them to support the company’s two board nominees and ignore Elaine Wynn, who launched a proxy fight to regain her seat.
Caesars retiree bitter after flow of pension checks stops25 March 2015
Kenneth Houng is one of 63 former employees and executives whose retirement payments were halted in January when Caesars Entertainment Corp. placed its largest operating division into a Chapter 11 bankruptcy reorganization.
‘Favoritism’ in SLS investors' visa requests tied to Reid25 March 2015
Sen. Harry Reid, D-Nev., made no apologies for helping the Las Vegas hotel-casino, which boosted the economy on the north end of the Strip.
Unprecedented ruse in betting scheme case debated in federal court24 March 2015
The case involves millions of dollars in illegal wagers accepted by the betting operation on the World Cup soccer tournament last year, according to prosecutors.
Resorts World Las Vegas groundbreaking announced24 March 2015
The Strip development, which has been in planning for two years, is projected to include 3,000 hotel rooms and a casino with a combined 3,500 slot machines and table games in its initial phase.
MGM Grand Las Vegas room rates for fight weekend start at $1,60023 March 2015
MGM Grand, the host hotel-casino for the megaboxing match between Floyd Mayweather Jr. and Manny Pacquaio on May 2, expects a 35 percent revenue windfall from the fight weekend.
Full House reports wider net loss, decline in revenue19 March 2015
CEO Dan Lee told investors Tuesday that refinancing debt and boosting Full House’s stock price are the primary concerns.
Elton John celebrates 100th Performance "The Million Dollar Piano" The Colosseum at Caesars Palace18 March 2015
To mark the milestone, Caesars Palace and AEG Live have just announced plans for Elton to return to The Colosseum in October 2015.
Caesars says lawsuits raise 'going concern' doubts18 March 2015
In the company’s year-end SEC filing, Caesars said the numerous lawsuits are related to transactions the company has made with its Caesars Entertainment Operating Co., going back to 2010.
Hedge fund proposes REIT split for MGM Resorts18 March 2015
MGM Resorts Chairman Jim Murren discussed the company forming a REIT last month during a quarterly conference call.
Nevadan at work: Scion of Las Vegas gaming family paid his dues16 March 2015
Blake Sartini II is Golden Gaming’s vice president of route operations, overseeing the company’s Nevada-leading business.
Strip resorts president West to retire in April16 March 2015
Luxor and Excalibur President Renée West will be replaced by two people.
Sands taps executive from Bahamas to oversee Strip resorts16 March 2015
The company recently named George Markantonis as president and chief operation officer of The Venetian, Palazzo and Sands Expo & Convention Center.
Golden Nugget to mark $6.5 million convention center upgrade13 March 2015
Renovations included new flooring, lighting and wall coverings along with upgraded technology and a state-of-the-art digital signage system, officials said in a statement.
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