Nevada News - Page 589

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Monarch Casino & Resort Expects Record Results

10 January 2005

Monarch Casino & Resort, Inc reports that it expects to report record results for its fourth quarter and fiscal year ended December 31, 2004.

Wheel of Fortune Dollars Pays Texas Tourist $3.8 Million

10 January 2005

Gracie Salinas had to borrow a dollar from her mother to play the $3 maximum on her second spin of the Wheel of Fortune dollar machine and, as a result, she says she'll split her $3.8 million jackpot with her parents.

Penn National to Sell Junk Bonds

7 January 2005

Penn National Gaming Inc., the casino owner planning to buy Argosy Gaming Corp., will sell about $300 million of high-yield bonds this month to help fund the takeover, said a person familiar with the offering who declined to be identified.

Las Vegas Sands Names New General Counsel and Secretary

7 January 2005

Las Vegas Sands report that Brad Serwin has been named general counsel and secretary.

Adelson-Wynn Battle in Commission Again

6 January 2005

A legal and political battle between Strip titans Sheldon Adelson, owner of the Venetian, and Steve Wynn, owner of the as-yet-to-open Wynn Las Vegas, has entered the Clark County Commission chambers entered.

New Rules to Tackle Size of Neighborhood Casinos

6 January 2005

The Clark County Commission on Wednesday directed county planning staff to draft a new ordinance that would specify how big a neighborhood casino can be and what design elements it can have.

MGM Mirage Named on Forbe's Best Managed List

6 January 2005

Forbes magazine has named MGM Mirage one of the "Best Managed Companies in America," as part of its annual Forbes Platinum 400 list of top-performing big corporations.

Lanni Ready for Legislative Fights as AGA Chief

6 January 2005

The American Gaming Association is starting the new year in its usual defensive position, hoping to fend off federal legislation that could hurt the casino industry or restrict growth, according to Terry Lanni, board chairman of the AGA and chairman and chief executive of MGM Mirage.

Harrah's U.K. Venture Nixed

6 January 2005

Harrah's Entertainment Inc. said Wednesday it has pulled out of a joint venture with U.K. bingo parlor operator Gala Group Ltd .

LV-Pittsburgh Flights on Southwest Likely

6 January 2005

Though Southwest Airlines isn't confirming it, nonstop flights between Pittsburgh International Airport and McCarran International Airport would be a safe bet.

Linen Company's Drivers Returning to Work After Strike

6 January 2005

Teamster truck drivers are set to return to work today at Mission Industries after voting overwhelmingly to ratify a three-year contract agreement with the linen company on Wednesday.

Company to Rent Hotel Suite to Steve Wynn

5 January 2005

Wynn Resorts Ltd. intends to lease a "villa suite" at the upcoming Wynn Las Vegas megaresort to company Chief Executive Steve Wynn and his wife, Elaine, a company director.

International Consumer Electronics Show: Get a Load of This!

5 January 2005

While Rosie the Robot was nowhere to be found, odds are good even George Jetson would be impressed by the products showcased at this year's International Consumer Electronics Show.

Vegas Ad Campaign May Not Mean Success with Foreign Tourists

4 January 2005

The award-winning slogan "What happens here, stays here" has been one of the most effective ad campaigns in bringing American visitors to Las Vegas, yet it may leave some international tourists scratching their heads in confusion.

Reservation Frustration: Getting Bumped

4 January 2005

Industry sources attribute overbooking primarily to hotel operators' collective desire to run as close to 100 percent occupancy as possible.

Las Vegas to be the Subject of Documentary for PBS

4 January 2005

News Brief: Las Vegas continues to sparkle in the spotlight -- on screens big and small.

Archon Reports Loss

4 January 2005

For 2004, Archon Corporation reported net revenues of $45.7 million as compared to revenues of $46.2 million in fiscal 2003.

McCarran Changes Might Prevent Repeat of 2004 Logjam

4 January 2005

McCarran's latest technological upgrade could improve customer service at one of the five or so U.S. airports that handled more than 40 million annual passengers in 2004.

Las Vegas Sands Redeems Mortgage Notes

4 January 2005

Las Vegas Sands Corp.’s subsidiaries, Las Vegas Sands, Inc. and Venetian Casino Resort, LLC, have called for redemption $291.14 million principal amount of their 11% Mortgage Notes due 2010.

Labor Department: Castaways Workers Can't Recover Claims

3 January 2005

The U.S. Labor Department has officially closed an investigation into charges that the Castaways hotel and casino failed to pay medical claims for nonunion casino workers at the former property.

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