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Nevada News - Page 444

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MGM Mirage plans to finish CityCenter

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 stalled

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 out

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 multiplying

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 Stardust

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 CityCenter

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 11

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 liquidate

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 million

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 again

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 OK

Phil Ruffin will take over the Las Vegas property today after paying $600 million up front in cash.

Dream Team Poker announces Caesars Palace lineup

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 aid

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 bankruptcy

Station Casinos plans to file for bankruptcy by April 15 according to a federal court filing.

Binion's offering cash back and comps

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 vendors

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.

Smaller March Madness crowd expected in Vegas

There are still rooms available in Las Vegas for one of the biggest sports betting weekends of the year.

Massive $23.1 billion debt hanging over Harrah's

The gaming giant is at risk of default as its revenue continues to shrink, according to a filing with the SEC.

Wynn prices common stock offering

The casino company has priced a public offering of 9.6 million newly issued shares at $19 per share.

Professor mixes law with gaming

Bob Faiss, who teaches a class in gaming law, will be signing copies of his oral history book "Gaming Regulation and Gaming Law in Nevada" on March 30.

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