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Nevada News - Page 326

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Building of "authentic" neighborhood lays groundwork for Downtown Grand

Fifth Street Gaming is overseeing one of the most ambitious redevelopment projects ever in downtown Las Vegas, with millions of dollars being invested in an effort to create a neighborhood that will benefit Downtown Grand. The new hotel-casino will open late next year in the shell of the former Lady Luck.

Actor Robert De Niro's Las Vegas plans include Nobu Hotel on the Strip

De Niro is a shareholder in Nobu Hospitality, the restaurant and entertainment company of chef Nobu Matsuhisa, which is developing its first-ever Nobu Hotel at Caesars Palace.

Aliante Casino and Hotel closes poker room, five employees laid off

The resort is replacing it with a "new concept," a company spokeswoman confirmed Friday.

Andrea's opens December 28 at Encore Las Vegas

Highly-anticipated "vibe dining" concept caters to Wynn Las Vegas' vibrant nightlife scene.

Partnership to complete foreclosure on LVH

A partnership between Goldman Sachs Mortgage Co. and the New York-based real estate investment firm Gramercy Capital Corp. will complete the foreclosure on the off-Strip property.

Merson wins WSOP Main Event

Greg Merson survived 11 hours of three-handed play and then beat Jesse Sylvia heads up early Wednesday morning to win the World Series of Poker Main Event and $8,531,853. Sylvia won $5,295,149 for finishing in second, while Jake Balsiger finished third and won $3,799,073.

Aliante Gaming taking over management of NLV property from Station Casinos

The Aliante Station name has been removed from the property and replaced with Aliante Casino and Hotel, according to the property's owner, Aliante Gaming LLC.

McCarran traffic drops 3 percent in September

The 3.4 million people passing in and out of its terminals marked a 3 percent decline compared with the same month last year, as four of the five top airlines shrank.

Merson seizes chip lead at WSOP Main Event final table

Greg Merson, Jesse Sylvia and Jake Balsiger are the last three players standing at the World Series of Poker Main Event, and they will play for $8.53 million Tuesday.

Jackie Gaughan, on his 92nd birthday, offers link to days of old Vegas

Gaughan once controlled 25 percent of the downtown Las Vegas gaming market. For a time, he owned all or part of eight hotel-casinos, including the Flamingo, Union Plaza and Showboat.

Fitch takes a "circumspect view" of Caesars' plans to remodel Bill's Gamblin' Hall

Caesars plans to remodel the 198 hotel rooms and the 17,200-square-foot casino at Bill's.

Court ruling gives Fontainebleau contractors hope of repayment

The six justices on the Nevada Supreme Court ruled unanimously that mechanic's lien claimants stand in the repayment line ahead of lenders who replaced original lenders.

Ruth's Chris Steak House to replace The Range at Harrah's Las Vegas

The upscale restaurant chain will open early next year at Harrah's Las Vegas, replacing the casino's The Range steak house, which will close November 11.

Nevada's director of Business and Industry tapped for Gaming Control Board

Terry Johnson replaces Mark Lipparelli, who resigned as chairman of the three-member panel at the end of September.

Bankruptcy case for Aliante Station closes

Although the reorganization plan was approved in May 2011, turning over ownership to lenders owed $378 million, legal cleanup work has continued since then.

Silver Legacy Casino in Reno seeks to resolve bankruptcy case

An executive with Circus and Eldorado Joint Venture said in a statement that the deal calls for a $70 million loan from Wells Fargo and second lien notes, which has "overwhelming support" of creditors.

Circus and Eldorado settle bankruptcy litigation

Bankruptcy plan and agreement for Silver Legacy Resort Casino announced, pending court approval.

Boyd Gaming planning to decorate Echelon site

The company expects to complete a landscaping project to hide the unfinished Strip resort by the end of December.

Eric Drache, Sailor Roberts earn Poker Hall of Fame nod

The 2012 induction ceremony will be October 30 in the Rio's Penn & Teller Theater as part of World Series of Poker Main Event Final Table festivities.

UNITE HERE president resigning, will nominate local Culinary leader as successor

UNITE HERE is the parent organization of Culinary Local 226, which represents 60,000 hotel and restaurant workers on the Strip and downtown.

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