Nevada News - Page 454

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.

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.

Bankruptcy attorneys and restructuring specialists are doing very well in this struggling economy.

A Las Vegas Sands board member quit because he disagreed with the forced resignation of former company president Bill Weidner.

The company's game-enhancing products on blackjack and pai gow tables have helped path the path to prosperity.

The gaming company's owners are buying the debt to ensure they remain in control should Harrah's go bankrupt.

The gambling equipment provider posted a net loss if $973,000 for the quarter ended Jan. 31.

Press secretary Robert Gobbs said that the president never said "don't go to Las Vegas."

A $1.75 billion deal by Australian gaming company Crown Limited to buy Cannery Casino Resorts collapsed on Thursday.

Players can register online or in-person at the Rio Hotel & Casino in Las Vegas, which is the host property.

Under the deal, lenders will control Herbst's 15 casinos in three states while Herbst brothers will control its Nevada slot routes.

Former President Bill Weidner stepped down from his post Sunday after constant infighting with Chairman and CEO Sheldon Adelson.

A finance professor said that Station's bondholders hold the key on whether Boyd can complete its purchase of many of the casino company's assets.

Bill Weidner, who has led the casino company for almost 14 years, has resigned after "conflicts" with CEO Sheldon Adelson.

Dozens of Green Valley Ranch staffers shaved their heads on Saturday to raise money for childhood cancer research.

Terry Dillard is one of just 56 certified blimp pilots in the world and steers the M Resort blimp above Las Vegas.

Despite posting the loss, the casino company's revenues were up in the South and Midwest.

Construction has stopped on a portion of the Cosmopolitan's west tower while some floors are redesigned.

Huck Seed took out Vanessa Rousso in the tournament's best-of-three final table and won a $500,000 first-place prize.

A bond analyst said she doubts the latest debt swap offer from Harrah's Entertainment will be successful and that the gaming giant will be in bankruptcy court by the end of 2009.