Nevada News - Page 384

Former owner of the Sahara Paul Lowden reminisces about his time running the iconic Vegas strip casino, and plans one last dinner at its famous House of Lords steakhouse before the casino closes its doors for good.

Monday’s closing of the Sahara will put almost 400 employees out of work. SBE Entertainment is providing Sahara workers with severance pay based on years of service.

The Cosmopolitan of Las Vegas' first quarter of operations is in the books, and despite its high occupancy rate, the newest resort on the Strip reported a $56.8 million loss, the company said Friday.

American Casino & Entertainment Properties LLC, owner of the Stratosphere, on Thursday posted a bigger first-quarter loss than a year earlier and a moderate decline in revenues.

A Las Vegas business is giving Nevada residents a chance to buy lottery tickets in California and Arizona, but officials differ on whether or not the business is legal.

Attorneys for Green Valley Ranch Gaming LLC said low-ranking creditors who are challenging the $500 million sale of the Green Valley Ranch Resort in Henderson to affiliates of the Fertitta family should be removed from the case's unsecured creditors committee.

World Series of Poker officials say the federal government's crackdown on PokerStars, Full Tilt Poker and Absolute Poker won't hurt participation in this year's tournament.

The World Series of Poker is offering fans the chance to watch final table action of 55 gold bracelet events on a five-minute delay via the Internet.

Top gaming industry executives launched a lobbying push Tuesday to persuade Congress to legalize Internet poker.

Caesars Entertainment Chairman Gary Loveman used a conference call to rally support for the federal legalization of Internet poker.

The World Series of Poker has teamed with Prevent Cancer Foundation and the Nevada Cancer Institute, to offer the “First Annual Bad Beat Seminar Series.”

Casino City's Vin Narayanan attended the iGaming North America Conference in Las Vegas, where land-based and online gaming executives gathered to discuss the state of the online gaming industry in the United States. Here are his top-10 observations.

Comedian Jay Mohr will return to Las Vegas in June to host the 2011 NHL Awards at the Palms Casino Resort.

William Hill has spent more than $53 million in less than a month to purchase three sports wagering companies in Nevada. The British-based bookmaker expects licensing by Nevada regulators to be completed in 2012 and doesn't expect any regulatory issues.

MGM Resorts International has closed a 500-room hotel tower and reduced restaurant and gaming activities at the Gold Strike in Jean.

Legions of American poker players are trying to figure what to do next after April 15's indictments against PokerStars and Full Tilt Poker.

John Caparella, a chief operating officer of Gaylord Hotels, has been named the new president of The Venetian and Palazzo resorts by Las Vegas Sands.

American Gaming Association President and CEO Frank J. Fahrenkopf Jr. says there's "reason to be optimistic about the future of gaming."

Penn National Gaming has been given preliminary approval by the Nevada Gaming Control Board to take over the M Resort.

The Nevada Gaming Control Board gave tentative approval to Intrepid Gaming to reopen Casino MonteLago on May 26.