Nevada News - Page 450
Treasure Island sale gets final OK
20 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.
Smaller March Madness crowd expected in Vegas18 March 2009
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's18 March 2009
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 offering17 March 2009
The casino company has priced a public offering of 9.6 million newly issued shares at $19 per share.
Professor mixes law with gaming17 March 2009
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.
Wynn Sportsbook rings in the madness with new TV show and special 900-seat venue for fans16 March 2009
March Madness will be even more lively than usual for John Avello, the Director of Race and Sports at Wynn Las Vegas, which is playing host to a new college basketball TV show hosted by Billy Packer and Bobby Knight.
Before recession, success further fed gaming industry's egos16 March 2009
In the haze of the ongoing economic hangover, Las Vegas resorts - including some yet to be finished - look like the fevered dreams of out-of-control egos.
Hard Rock posts $282.2 million net loss16 March 2009
The Hard Rock Hotel posted its lowest revenues since 2004 with yearly revenues declining 11.7 percent to $164.3 million from $186 million in 2007.
Bad times for gaming a boom for some16 March 2009
Bankruptcy attorneys and restructuring specialists are doing very well in this struggling economy.
LV Sands board member quits16 March 2009
A Las Vegas Sands board member quit because he disagreed with the forced resignation of former company president Bill Weidner.
Galaxy Gaming enhancing the table16 March 2009
The company's game-enhancing products on blackjack and pai gow tables have helped path the path to prosperity.
Harrah's owners buying part of debt16 March 2009
The gaming company's owners are buying the debt to ensure they remain in control should Harrah's go bankrupt.
Shuffle Master posts net loss13 March 2009
The gambling equipment provider posted a net loss if $973,000 for the quarter ended Jan. 31.
Aide says Obama not anti-Vegas13 March 2009
Press secretary Robert Gobbs said that the president never said "don't go to Las Vegas."
Plan to buy Cannery Resorts falls apart13 March 2009
A $1.75 billion deal by Australian gaming company Crown Limited to buy Cannery Casino Resorts collapsed on Thursday.
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