Nevada News - Page 433

The $600 million financing transaction is a preliminary step toward an initial public offering of shares on the Hong Kong Stock Exchange.

Last year Nevada's 37,943 penny slot machines attracted wagers of $17.8 billion, 15 percent of all the money gambled statewide.

International news brief: The gaming giant lifted its market share of Macau gambling revenue to 11% in August, up from 8% in June.

The M Resort, The Venetian and Palazzo will be bringing an exciting new trend to Las Vegas this football season by offering "in-running" wagering on select games. The new concept will allow football bettors to place wagers on games after they kick off and while the live action is unfolding before their eyes.

Tourism leaders are hoping that a mix of low hotel prices, special offers and other deals are enough to entice Las Vegas visitors to end the summer on a high note.

News brief: The swanky Vegas casino is suing alleged Ponzi-scheme artist Allen Stanford for repayment of a gambling debt of more than $250,000.

Bellagio resort sues Texas billionaire Robert Allen Stanford, claiming he owes $258,480 in unpaid gambling markers.

A Las Vegas company that books hotel rooms and sells vacation packages online has filed for bankruptcy reorganization in a case involving numerous Southern Nevada hotel-casinos.

The Planet Hollywood nightclub will remain open under a 30-day temporary license but will be kept on a short leash after a rash of incidents.

The company announced that it secured commitments for up to $600 million of cash to restart its stalled projects on Macau’s Cotai Strip.

Almost every casino off the Strip hosts a contest, and a wide variety of them are offered, some free and some for big money.

Unsecured creditors of the casino company want portions of plans linked to rate swaps ruled illegal.

The average daily stock prices of six casino operators and three gambling equipment makers showed marked increases in August.

Bankrupt Fontainebleau resort suffers legal defeat when judge ruled in favor of banks it is suing on key legal questions.

Temperature to climb to 108, with wildfire warnings to the north and west.

The team is assembled under the new ownership banner of Tropicana Las Vegas, Inc. and was hand selected by Tropicana Chairman and CEO Alex Yemenidjian.

Federal class action lawsuits have been filed in recent weeks against slot machine manufacturer International Game Technology and casino operator MGM Mirage.

The $250 million hotel-casino has been able to attract a loyal customer base, according to principal owner Bill Paulos.

Bally's sports book opened Wednesday after a forced five-month hiatus just in time for football season.

Station Casinos' creditors want the ability to pursue the transaction that took the company private.