Nevada News - Page 527

The Nevada State Contractors Board recently granted MIG Nevada with an Unlimited Gaming Contractor License

Elad Group plans to spend $5 billion to turn the New Frontier Western-themed hotel-casino into an ultraluxury mixed-use development.

First-quarter losses widened at one of the most recognizable casinos, Binion's, in downtown Las Vegas.

Golden Nugget, Inc. reports that, in connection with the previously announced cash tender offer and consent solicitation for its outstanding 8.75% Senior Secured Notes due 2011, Golden Nugget has received the requisite consents from holders of the Notes to amend the indenture.

A new business model is slowly but significantly unfolding along the Strip.

Casino dealers at Wynn Las Vegas voted by an almost a 3-1 margin in favor of union representation despite an impassioned eleventh hour hour plea by company Chairman Steve Wynn.

A selection of news and views from inside the industry this week.

The number of people who visited Las Vegas in March went up 1.4 percent to nearly 3.5 million even though gambling revenue for the month was down in every Clark County market.

Three payment-processors have been accused of miscoding gaming transactions and funneling that money to online casinos and sportsbooks in grand jury indictments unsealed last week in Utah.

The election culminates nearly nine months of heated debate at Wynn Las Vegas after the resort's management made a controversial change in how the casino pools and divides the tips earned by casino workers.

Navegante Group, the company that manages the largest group of downtown Las Vegas casinos, is leaving, a move that adds even more uncertainty to an already struggling gambling market.

The cost of keeping Las Vegas ahead of the competition just increased by $153 million.

Now in its fifth year, the Gaming Technology Summit continues its steady growth with a new Lottery track, more sponsors, more exhibitors and an encore presentation of the popular Project Management Forum.

Although quarterly earnings for Wynn Resorts Ltd. reversed a year-earlier loss, company Chairman Steve Wynn lectured investors Monday on how Las Vegas history might be used to carefully judge the growth of gambling in Macau.

‘The Nevada Passage,’ a reality television competition aimed at expanding people's perception of the Nevada, will explore Nevada’s outdoor recreational possibilities.

The missteps of MGM Mirage's top marketing executive for the Asia region were the lead item on the Gaming Control Board's monthly meeting agenda.

News Brief: Police said the blast behind the Luxor hotel-casino was directed at the man and was not a terrorist act or a mob hit.

There was concern, including among Las Vegas police officials, that Saturday's fight would attract a tough crowd, much like the one that traveled to Las Vegas for NBA All-Star Weekend in February.