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Nevada News - Page 528

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Speedway Casino sold away

MTR Gaming Group announced Tuesday that it had entered an agreement to sell the Speedway Casino to Mandekic Cos., a local privately held company, for $18.2 million in cash.

Las Vegas sets record for visitors

Las Vegas attracted a record number of tourists in 2006 despite losing 581 rooms from its hotel inventory, the first such decrease since 1992.

Casino considered for downtown Reno

News Brief: At least two developers are considering building a hotel-casino in downtown Reno, which would be allowed under zoning changes that the Reno City Council will consider today.

Venetian celebrates Chinese New Year

The Venetian Resort Hotel Casino will ring in the Chinese New Year in traditional style.

MTR Gaming sells Speedway Casino

MTR Gaming Group subsidiary, Speakeasy Gaming of Las Vegas, Inc., has entered into a definitive agreement with Mandekic Companies, LLC to sell its Speedway Casino in North Las Vegas, NV for $18,175,000 in cash.

Jeff Simpson on why it's unlikely the online gambling ban will be reversed

American Gaming Association President Frank Fahrenkopf told Jeff Simpson last week that if online poker players are confident they can persuade Congress to pass a law that would define poker as a game of skill, they're sadly mistaken.

Problem gambling panel hopes to gain renewal of funding

After allocating almost $2.5 million for programs dealing with the research, prevention and treatment of compulsive gambling in Nevada, a state advisory panel hopes to do it all over again.

NBA All-Star weekend: Spanning the globe

During nine seasons with the National Basketball Association's Dallas Mavericks, the long arms of German-born Dirk Nowitzki have blocked nearly 700 shots.

Nevada economy: Casinos post record win

Nevada casinos roared to an all-time record gaming win of $12.6 billion in 2006, fueled by free-spending gamblers frequenting the Strip's glitzy gambling halls.

MGM Mirage, Jeanco Realty enter agreement

MGM Mirage has entered into a partnership agreement with Jeanco Realty Development, LLC to form a 50/50 joint venture whose purpose is to master plan a mixed-use development in Jean, Nevada.

Heard it on the river

Rudi Schiffer updates the Tunica scene in this edition of Heard it on the River.

Hard Rock bets on a three-way deal

Hard Rock casino investors are betting on a three-way deal with to obtain a Nevada gaming license.

Lady Luck remains shuttered

Lady Luck casino remains shuttered almost one year after its owners closed the property and displaced nearly 700 workers.

McCarran passenger traffic rises to 46.2 million in 2006

A record 46.2 million people went through McCarran International Airport in 2006, airport officials said Tuesday.

Blackjack Institute announces first group seminar of 2007

Mike Aponte and David Irvine, former members of the MIT blackjack team, will impart their blackjack wisdom to students during the year's first one-day group seminar.

Hit me - with a snack

Starting in March, El Cortez gamblers will be able to eat as they play slot machines and table games.

Super Bowl gamblers bet less

News Brief: Nevada gamblers bettors wagered $93.1 million on Sunday's game between the Indianapolis Colts and Chicago Bears, down from the 2006 total of $94.5 million.

Gold settles WSOP lawsuit

Jamie Gold has agreed to settle a dispute over the World Series of Poker Main Event $12 million prize, according to the Associated Press.

Mergers and acquisitions: Rock and a good place

'Relieved' was the word Morgans Hotel Group Chief Executive Officer and President Ed Scheetz used to describe the end of the company's nearly nine-month journey to take over the Hard Rock Hotel.

Touch of Asia in palatial Palazzo

The $1.8 billion Palazzo has not been the average Strip construction project.

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