Nevada News - Page 475
Financing for Lake Las Vegas OK'd
5 August 2008
Bankruptcy Judge Linda Riegle said she will sign an order today approving $127 million in post-bankruptcy financing for Lake Las Vegas.
Echelon delayed, Boyd decision hailed5 August 2008
The announcement by Boyd Gaming Corp. on Friday morning that the casino operator will delay construction of its $4.8 billion Echelon project on the Strip for up to a year was met with applause on Wall Street.
Get lucky in love in Las Vegas5 August 2008
With provocative shows to set the mood and an intimate nightlife to titillate your senses, the odds of getting lucky in Las Vegas have never been better.
M Resort chooses Aristocrat5 August 2008
Aristocrat Technologies has recently announced that the OASIS 360 Casino Management System has been selected for the M Resort, Spa and Casino, a $1 billion resort scheduled to be completed in the spring of 2009 on South Las Vegas Boulevard.
Southern Nevada economy: Analysts' projections sour4 August 2008
Echelon's plight, combined with Tuesday's revelation of more than $3 billion in financing hurdles for MGM Mirage's CityCenter, threw off analyst projections of a local housing recovery set for mid-2009.
Despite downturn, unions seek to organize residential builders4 August 2008
The union campaigns were both conceived several years ago, when Las Vegas and other Western cities were in the midst of a housing boom.
Airport parking fees to increase1 August 2008
Parking fees at McCarran International Airport -- along with charges for cabs, limousines and buses -- are about to go up, as much as 50 percent in some cases.
Fortune Pai Gow Poker jackpot hit for over $500,0001 August 2008
Shuffle Master, Inc. reports that the progressive jackpot on its Fortune Pai Gow Poker Progressive table game hit twice during July.
Nevada governor continues 'comped' meal tax fight31 July 2008
Gov. Jim Gibbons wants to continue the state’s $142 million battle with casinos over “comped” meals.
Nevada economy: State loses 10,700 jobs to China31 July 2008
A new study found that some of America's -- and Nevada's -- best jobs have decamped to the People's Republic of China..
Losing their very soles31 July 2008
Sparse foot traffic this week in the Las Vegas Convention Center suggests fewer people than usual made tracks to town for one of the shoe industry's biggest conventions.
Vegas.com launches new online store31 July 2008
Vegas.com launches a new online store, www.VegasArrowStore.com, with Las Vegas souvenirs that truly reflect Vegas and feature the iconic red Vegas arrow and, soon, merchandise from shows in the city.
Retiree wins Aristocrat's Millioni$er jackpot31 July 2008
Players have been winning millions playing Aristocrat's Millioni$er penny slot, and now a lucky Las Vegas local has joined the millionaires' club by hitting the jackpot at Rampart Casino in Las Vegas.
Quake felt in Vegas; Nevada ranks No. 3 in quake hazards30 July 2008
From his 10th floor office, Las Vegas Mayor Oscar Goodman said he felt the Tuesday earthquake that was centered in Chino Hills.
Lake Las Vegas: Drainage feared30 July 2008
Bankrupt Lake Las Vegas is struggling to stay afloat financially, but the development's owners are worried a break in a pipeline underneath the lake could drain it.
End of ban on cell phones in sports books expected29 July 2008
It seems a foregone conclusion that the Nevada Gaming Commission will vote next month to lift the ban on cell phones and other electronic devices in sports books.
MGM Mirage, Dubai World late in raising funds29 July 2008
News Brief: MGM Mirage and Dubai World are late in raising as much as $3.5 billion for their $11.2 billion CityCenter project in Las Vegas because banks saddled with debt to casinos and hotels are wary of making new loans.
Gaming's bond ratings reflect past, not future28 July 2008
A couple of weeks ago, major bond rating agencies downgraded credit issued by the major gaming companies, warning that the gambling business in Las Vegas is in trouble.
McCarran flier count dips 7 percent in June28 July 2008
Passenger counts at McCarran International Airport fell 7 percent in June, another indication that the nation's shaky economy is undermining the leisure travel industry.
Inside gaming column: Macau casinos face Olympic hurdle28 July 2008
A selection of news and views from inside the industry this week.
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