Nevada News - Page 427
CityCenter may land in bankruptcy
27 March 2009
The multi-billion dollar MGM Mirage project, billed as the most expensive commercial development in U.S. history, may end up in bankruptcy court.
Dragon City site faces auction block26 March 2009
The 22-acre Dragon City resort site is scheduled to be auctioned May 16 at MGM Grand during the International Council of Shopping Centers Convention.
Reid, Ensign made calls to banks for MGM25 March 2009
Senators’ intervention raises ethical questions.
IGT names new president, CEO25 March 2009
The slot machine giant named current board member Patti Hart as its president and CEO.
MGM Mirage plans to finish CityCenter25 March 2009
MGM Mirage said that a lawsuit filed by partner Dubai World was "completely without merit" and that it still plans to complete the $9.1 billion project.
Wynn Vegas, dealers union remain stalled24 March 2009
Representatives from Wynn Las Vegas and the dealers union are facing the issue of "just cause" when they return to the bargaining table.
CityCenter partner wants out24 March 2009
A lawsuit filed by Dubai World says the MGM Mirage is to blame for the $9.1 billion project's shaky status.
Canadian high roller's debts are multiplying23 March 2009
Arrest warrant issued in Las Vegas Justice Court last month for Toronto gambler for failing to pay $5 million in gambling debts.
With betting on the fly, M Resort is the new Stardust23 March 2009
Unveiled over the weekend at M Resort is the first 'in-running' sports betting, which allows bettors to wager on the action as it happens.
Lawsuit clouds future of CityCenter23 March 2009
Uncertainties are clouding the future of the CityCenter project, with one of the partners suing the other, saying it cannot continue to fund the development in its current status.
Herbst Gaming files for Chapter 1123 March 2009
The plan will result in the company losing ownership of its 15 casinos but retaining control of its Nevada slot machine route.
Progressive Gaming files to liquidate23 March 2009
Progressive Gaming sold most of its assets to International Game Technology in January and formally filed for bankruptcy liquidation this week.
Vegas visitor turns $30 into $1.5 million20 March 2009
A Wisconsin man who was in town for a convention won over $1.5 million playing the Wheel of Fortune dollar MegaJackpot at Planet Hollywood Resort and Casino.
McCarran traffic falls again20 March 2009
The number of passengers flying in and out of the Las Vegas airport fell 15.2 percent in February to about 3 million.
Treasure Island sale gets final OK20 March 2009
Phil Ruffin will take over the Las Vegas property today after paying $600 million up front in cash.
Dream Team Poker announces Caesars Palace lineup19 March 2009
More than 100 teams and 300 players are expected to play in the $500 + $50 per-player Dream Team Poker tournament at Caesars Palace from March 27-29.
MGM Mirage will need aid19 March 2009
A gaming analyst said that 60 days is not enough time for MGM Mirage to restructure and the gaming giant will need the help of a bankruptcy court.
Station Casinos to file for bankruptcy19 March 2009
Station Casinos plans to file for bankruptcy by April 15 according to a federal court filing.
Binion's offering cash back and comps18 March 2009
Members of Club Binion's will receive #1 in cash back and $2 in comps for every 40 points earned.
MGM Mirage gets relief from vendors18 March 2009
The casino operator is in danger of defaulting on $7 billion of its long-term debt but will get financial relief through the middle of May.
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