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Nevada News - Page 498

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Nevada unions battle over Democratic caucus

News Brief: A deep and angry split in Nevada's labor movement has opened up as rival unions try to rein in the power of the state's Culinary Workers Union in advance of Saturday's Democratic presidential caucuses.

New Speedway owner has revival plans

Las Vegas-based Ganaste completed an $11.4 million real estate purchase of the Speedway Hotel and Casino from Chester, W.Va.-based MTR Gaming last week.

Shiny new Shoppes at Palazzo

The Shoppes at Palazzo retailers are betting the drawing power of Las Vegas and the novelty of 34 new-to-market stores and restaurants will be enough to overcome the glum business headlines.

Ideas traded in tax debate

Business leaders whose companies support the casino industry heard impassioned reasons Thursday morning why two different initiatives to raise the state's gaming tax would be bad for their bottom lines.

Palazzo kicks off with spectacular show

Las Vegas Sands Corp.launched a spectacular music, light, and firework display that officially opened the company's new $1.9 billion resort -- The Palazzo Las Vegas.

Project on Strip suffers setback

The tightening lending market is jeopardizing the ownership of the Cosmopolitan, a multibillion-dollar hotel-condominium development under construction on the Strip.

Cosmopolitan receives notice of loan default

The Deutsche Bank has delivered a notice of loan default to the developer of the Cosmopolitan Resort and Casino project under construction in Las Vegas, Nevada.

Visitor tally flat for Las Vegas

Neither Floyd Mayweather nor the Rolling Stones were around to draw tourists to Las Vegas in November, and it showed in the monthly visitation tally.

Jeff Haney previews the National Heads-Up Poker Championship and its satellite lead-in

Nearly all of the 64 slots in the fourth National Heads-Up Poker Championship at Caesars Palace will be filled by big-name poker pros, with a smattering of celebrity types rounding out the field.

Unemployment by the numbers

Gaming stocks are plummeting and Wall Street is frenzied with fears that people are spending much less of their hard-earned cash in casinos.

Dwellings sell well at CityCenter

Roughly 50 percent of CityCenter's nearly 2,650 high-end residential offerings have been claimed by buyers since MGM Mirage's $24 million sales pavilion on the Strip opened a year ago.

Lake Las Vegas owners inheriting fiscal liability

The new owners of Lake Las Vegas have a fresh set of challenges -- millions of dollars at stake in a series of lawsuits and unpaid bills left behind.

Gaming tax petition argued

Retired Nevada Supreme Court Justice Miriam Shearing said Monday that she will try to decide quickly whether to throw out or keep intact a teachers union petition to increase the state gaming tax.

CityCenter releases last of luxury residences

MGM Mirage released the last of CityCenter's exclusive residential offerings with the sales launch of The Harmon Hotel, Spa & Residences.

Culinary leader: Closing sites on Strip would strike at caucus' heart

Nevada’s largest and most politically active union fired back Saturday at an attempt to shut down caucus sites on the Strip.

Seal added to Palazzo line-up

The Palazzo Las Vegas reports that three-time Grammy award winning performer, Seal, has been added to the star-studded grand opening concert lineup.

Hard Rock Hotel owners go forward

The owners of the Hard Rock Hotel seem poised to start collecting revenues from the largest cash flow amenity on the property: the casino.

Sale of Binion's recommended

Binion's sale to Four Queens owner Terry Caudill for $32 million was endorsed by the Nevada Gaming Control Board on Wednesday.

Stratosphere step closer to changing ownership

The $1.3 billion sale of the Stratosphere's parent company to an affiliate of Goldman Sachs was recommended for approval by the state Gaming Control Board on Wednesday.

MTR Gaming, TLC Casino deal approved

MTR Gaming Group, Inc. and TLC Casino Enterprises, Inc. announced that the Nevada Gaming Control Board unanimously voted to recommend approval of the sale of Binion’s to TLC Casino Enterprises to the Nevada Gaming Commission yesterday.

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