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Nevada News - Page 528

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Hard Rock project unveiled

The new owners of the Hard Rock Hotel unveiled plans Monday for $750 million in renovations and expansions that will double the size of the property by adding new hotel rooms and convention space to the property as well as a new, larger concert venue.

Heading on with Echelon

Robert Boughner, president of Echolon, said renderings and designs for Echelon would be revealed at the formal ground breaking, but he cautioned against expecting Echelon to have a theme attached to its architecture.

Las Vegas companies linked in $700 million deal

Las Vegas-based Diamond Resorts announced it would purchase Sunterra Corp., which is headquartered in North Las Vegas, in a transaction valued at $700 million.

Goodbye Stardust Casino

LVI Services Inc. announces the implosion of Las Vegas' famed Stardust Casino and Hotel Towers.

Businessman bets on Four Queens

Since acquiring the Four Queens Hotel & Casino three years ago, local businessman, Terry Caudill, has invested over $20 million in the historic downtown property.

Jeff Simpson on how the El Cortez is quickly becoming downtown's feel-good story of the year

Megaresort developments have become the norm on the Strip, and those multibillion-dollar investments have been dwarfed by recent casino industry mergers and acquisitions.

The Strip: Growing north

Almost two weeks after the Sahara was seemingly given a new lease on life, demolition crews are preparing to blast away the last remnant of the Stardust.

Expansion planned for Hard Rock

DLJ Merchant Banking Partners and Morgans Hotel Group Co. report a large-scale expansion and renovation project for the Hard Rock Hotel & Casino in Las Vegas.

Down month for Nevada but no panic

January's statewide gaming win fell almost 2.1 percent when compared with what casinos collected from gamblers in the same month a year ago.

Fray develops over phrase in video game

Las Vegas is in the crosshairs of a powerful corporate boss who wants to turn Sin City into a family-themed destination, or at least that's the plot of a new video game based on that scenario.

Chips no longer good as cash

The days where casino chips were the coin of the realm, used to settle debts between friends, buy groceries and pay for haircuts have passed.

Herbst acquistion approved

he growing Herbst Gaming operation received tentative approval Wednesday to acquire its largest assets yet, the three Primm casinos on the Nevada-California border now operated by MGM Mirage.

Looking in on: Gaming

Ten to 20 percent profits at Las Vegas casinos have nothing on Macau, where Las Vegas Sands has come to expect 100 percent returns.

Mergers and acquisitions: Eye on past, hand in future

As one of the Strip's last remaining icons, the Sahara savors its 55 years in operation.

Station Casinos learns lesson about neighbors

The last time Station Casinos broke ground, there was a big dust-up by neighbors complaining about the height, the traffic, the imposition. This time, neighbors' reaction is more akin to a hallelujah chorus.

Looking in on: Gaming

Research by economist and real estate consultant John Restrepo indicates that most condo buyers prefer views of lakes and oceans to views of casinos.

Interview with Jeffrey Pollack: The 2007 WSOP

Newly hired World Series of Poker Commissioner Jeffrey Pollack didn’t have enough time to make his presence fully felt during the scheduling of the 2006 WSOP.

Fight brewing over aviation administration's funding

Battle lines are forming between airline passengers and private plane operators over who should pay for the nation's air traffic control system.

Nothing to these flights

A company founded by a space flight entrepreneur and a former astronaut will offer the experience of weightlessness via a modified Boeing 727 flying 24,000 feet above the Nevada desert.

Sahara buyer sees new life for old resort

Los Angeles entrepreneur Sam Nazarian spent close to three years trying to strike the right casino deal in Las Vegas. But his interests kept returning to the aging Sahara.

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