Nevada News - Page 374
McCarran passenger count declines yet again
24 August 2010
Passenger counts at McCarran International Airport in Las Vegas declined for the sixth straight month in July
Is Madonna mulling Vegas offer?23 August 2010
Rumours Madonna may be in discussions for a Las Vegas residency.
Moody's boosts ratings for Las Vegas Sands23 August 2010
Moody's Investors Service upgraded its ratings on bonds covering casino company Las Vegas Sands.
Station Casinos suffers $69.6 million net loss17 August 2010
The casino company's total revenues in the quarter were $233.6 million, a 12.6 percent decrease compared with $267.2 million last year.
Nevada resort might face sale17 August 2010
The M Resort might be up for sale after the bank controlling $700 million of the hotel-casino's debt put its stake up for a private auction sale.
Cosmopolitan arrival to add pressure on room numbers16 August 2010
Cosmopolitan adding 2000 new rooms to Las Vegas in December and likely additional pressure on Vegas casinos.
Analyst questions Harrah's motives for regulatory filing16 August 2010
A regulatory filing by Harrah’s Entertainment could test the waters for the privately-held casino operator’s initial public offering.
MGM Mirage pays more CityCenter subcontractors16 August 2010
MGM Resorts International has settled overdue payments with 77 subcontractors at the CityCenter mega-resort in Las Vegas.
Station, Boyd feud is real and compelling16 August 2010
The feud between Las Vegas companies Station Casinos and Boyd Gaming has intensified after Boyd attempted to insert itself in Station Casinos' bankruptcy.
Bally Technologies sees net profit increase 54 percent13 August 2010
The Las Vegas-based slot machine said its net profit increased in the fourth quarter thanks to the sale of its casino in Mississippi.
Almost Angels celebrating birthday at Taj13 August 2010
The Almost Angels will celebrate their first Birthday at the Ego Bar & Lounge at the Trump Taj Mahal in Atlantic City.
Binion's hosts poker tournament for firefighters12 August 2010
The Las Vegas casino hosted a special poker tournament August 13 and 14 in support of local firefighters.
Vegas named "Coolest City" by Forbes Magazine10 August 2010
Las Vegas tied with New York City as America's "Coolest City," according to the Aug. 2 edition of Forbes magazine.
Harrah's loses $274 million in second quarter9 August 2010
Harrah's Entertainment is blaming weak customer spending for a $274 million loss in the second quarter.
Station Casinos gets sale approval9 August 2010
A judge approved the sale of 11 casinos, land holdings and American Indian gaming contracts to a group backed by Fertitta Gaming for $772 million.
Macau is booming and Vegas is glooming9 August 2010
Macau gaming revenues surged more than 70 percent in July while gaming revenues in Las Vegas are "showing no signs of turning around."
Miami group envisions $2 billion Vegas product9 August 2010
A Miami company has acquired a majority stake in a small hotel-casino on Paradise Road that gives the company some 20 acres for future development.
Boyd Gaming sees second quarter profits plunge4 August 2010
The Las Vegas-based casino operator announced its second-quarter profits fell 73 percent days after dropping out of bidding for Station Casinos properties.
MGM reports $883 million net loss3 August 2010
The Las Vegas-based casino giant said its second quarter net loss was $883 million compared to a loss of $212 million in the same quarter last year.
Shares of gaming companies dive in July2 August 2010
The average daily stock prices of 10 casino operators and slot machine manufacturers all tumbled during the month.
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