Nevada News - Page 408
CityCenter to report $255 million loss
15 April 2010
The Las Vegas mega-complex is expected to report an operating loss of $255 million in the first quarter when MGM Mirage releases earnings in early May.
Analysts boost prospects for three casino operators14 April 2010
Analyst Steven Kent of Goldman Sachs and Joe Greff of JPMorgan increased their price target for MGM Mirage and Greff also upped his opinion of Wynn Resorts and Las Vegas Sands Corp.
Harrah's to issue $500 million in notes14 April 2010
Harrah's Entertainment plans to issue $500 million in second priority secured notes to pay down loans that come due in the next two years.
Few condo sales at CityCenter, but analysts satisfied13 April 2010
CityCenter has only sold 25 of its 2,400 high-rise condominium units, but to some analysts and investors, the number is 100 percent more than they expected to be sold.
Venetian loses imprisionment civil trial13 April 2010
A federal jury returned a $200,000 verdict after finding that Venetian security officers had falsely imprisoned a hotel guest in 2004.
Top-10 ways Las Vegas Sands is going green12 April 2010
Las Vegas Sands has become a global leader in sustainable development. Here are the top-10 reasons why the casino giant is going green.
Cosmopolitan of Las Vegas sees high views as a draw12 April 2010
The new Las Vegas resort has 10 stories of hotel rooms above the 40th floor and is set to open in phases this year and next.
Wynn pulls Philadelphia casino project12 April 2010
Less than three days after meeting with the mayor of Philadelphia touting his plans for a casino, Steve Wynn announced he was canceling plans for the project.
Nevada wants gaming industry to pay to regulate12 April 2010
Nevada lawmakers are pushing the concept of having casino operators and slot-machine manufacturers fund the Gaming Control Board's $32 million annual budget.
Nevada gaming revenues jump big in February12 April 2010
The state's gaming revenues jumped 13.9 percent for the month, the first double-digit increase in almost three years.
Virgin Atlantic to begin Las Vegas-UK flights in 20117 April 2010
The British air carrier will launch twice-weekly service between McCarran International Airport and Manchester in the United Kingdom.
Vin's Top-10 places to eat in Las Vegas5 April 2010
Las Vegas is known worldwide as a premier destination for gaming and nightlife. But another great aspect of the city is the array of top-shelf dining options. Casino City's Vin Narayanan can be described as a Vegas regular, and he has come up with his top-10 places to eat in Sin City.
New owners bring optimism to downtown Vegas5 April 2010
Downtown gaming recorded its worst revenue numbers in nearly two decades last year. But revenue flattened in January with downtown posting a less-than-1 percent decrease.
Inventor gives roulette a new spin5 April 2010
Edward Launzel is hoping to pique the interest of a casino or a gaming vendor in Jackpot Bonus Roulette.
Illinois investigating MGM Mirage's Macau partner5 April 2010
The Illinois Gaming Board is investigating the business partnership between MGM Mirage and Hong Kong businesswoman Pansy Ho.
Hooters Hotel owner says it may not survive2 April 2010
The owner of Hooters Casino Hotel says the off-Strip property may go bust because of recurring operating losses and an accumulated deficit.
Rampart Casino announces Progressive Pai Gow winner2 April 2010
Alina Morello was dealt a seven-card straight flush and won $89,442 at the Las Vegas casino.
Everbridge selected by CityCenter for emergency notification2 April 2010
The Las Vegas mega-resort will use Everbridge's mass notification system to maintain critical communications.
Nevada gaming stocks improve in March2 April 2010
Eight out of the 10 businesses followed in the Applied Analysis Gaming Index showed declines in average daily stock prices in the month.
Reuters report targets Sands' ties in Macau30 March 2010
The news wire service is questioning connections between Las Vegas Sands and Cheung Chi-tai, a Macau-based businessman alleged to have ties to organized crime.
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