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Nevada News - Page 397

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Vegas named "Coolest City" by Forbes Magazine

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 quarter

Harrah's Entertainment is blaming weak customer spending for a $274 million loss in the second quarter.

Station Casinos gets sale approval

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 glooming

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 product

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 plunge

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 loss

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 July

The average daily stock prices of 10 casino operators and slot machine manufacturers all tumbled during the month.

Pinnacle reports $49 million loss in second quarter

Pinnacle Entertainment lost $49.3 million in the second quarter despite a jump of revenues from the opening of a casino in St. Louis.

Wynn net income improves thanks to Macau

Wynn Resorts saw its net income improve during the second quarter because of a robust showing in Macau.

Casino industry outlook still uncertain

Moody's Investors Service said there is a "high degree of uncertainty" over how much gaming trends will improve through the end of the year.

Wynn slams Obama adminstration again

Steve Wynn said he he isn’t thrilled with the current direction of the U.S. economy during a second quarter earnings conference call.

81 sites sued for copyright infringement

Copyright infringement suits involving content from the Las Vegas Review-Journal have been filed against at least 81 Web site owners and organizations over the last 11 weeks, according to multiple reports by the Las Vegas Sun.

Las Vegas Sands narrows second quarter net loss

The casino operator was able to shrink its second quarter net loss due to booming business in Macau.

IGT profits grow despite revenue dip

Gambling equipment giant International Game Technology saw a rise in fiscal third-quarter profits despite a decline in company revenues.

Golden Tavern Group announces August promotions

Sierra Gold and PT’s taverns in Las Vegas will have promotions based on NFL as well as fantasy football in August.

Global Cash Access gets gaming approval in Nevada

Global Cash Access received approval from the Nevada Gaming Control Board to begin a product field trial of its new QuikTicket product.

Top-10 moments from the WSOP Main Event

Casino City's Dan Igo, Vin Narayanan and Aaron Todd have finally recovered from the World Series of Poker. With a week to reflect on what they saw, they present a tag-team effort for the top-10 moments from this year's Main Event.

Las Vegas Sands fires top Macau exec

Sands China Chief Executive Officer and President Steven Jacobs was removed from his position on Friday.

WSOP champs start famous but have faded out

Winning the World Series of Poker leads to instant fame, but the last seven champions have not won another bracelet since their big victory.

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