Nevada News - Page 593

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Higher Room Rates Are Not Dissuading Las Vegas Visitors

14 December 2004

When Mandalay Resort Group released its latest quarterly profit report this month, it was room rates -- not gambling revenue -- that did most to boost earnings by about 65 percent.

Engineers Likely to Strike

14 December 2004

About 320 maintenance workers at three Mandalay Resort Group properties, represented by the Operating Engineers Local 501, are expected this week to reject a company contract offer that is similar to one the workers rejected in July.

Las Vegas Visitation Hits Record

14 December 2004

Las Vegas had the most monthly visitors in its history in October as 3.3 million people poured into the city's resorts.

NFL Still Plans to Sack Las Vegas Super Bowl Parties

14 December 2004

The National Football League, in a recent letter to the casino industry's largest trade group, stands by its position that the Las Vegas Super Bowl parties of years past won't fly this season.

Conventions Helped Attract 3.33 Million Visitors To Vegas During Month

14 December 2004

Visitors each have their reasons for coming to Las Vegas, but in October those temptations to travel frequently included new tile flooring and private jets, the latest dirt bikes and the chance to sample next year's favored Slurpee flavors.

Ameristar Casinos Reports UK Casino Plans

14 December 2004

Ameristar Casinos, Inc. reports plans to develop a regional destination casino-hotel and entertainment facility as part of a major regeneration project at the West Quay in Southampton, England.

Casinos Bet on Pop Culture Icons

13 December 2004

News Brief: Although celebrities have been endorsing products for as long as there have been celebrities, the lucrative branding and licensing deals are recent additions to the arsenals of slot machine manufacturers.

Nevada Casino Win Up

13 December 2004

Fueled by a surge in table game play on the Strip, Nevada casinos in October recorded their second-best month ever, winning $924.9 million from customers, numbers reported Friday by the state Gaming Control Board show.

Mandalay Shareholders Approve Merger

13 December 2004

In a meeting that ended almost as quickly as it began, shareholders of Las Vegas-based Mandalay Resort Group on Friday approved their company's proposed $7.9 billion sale to local gaming giant MGM Mirage.

Inside Gaming Column: Faster than the Down of a Thistle

13 December 2004

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

Holiday Décor on the Strip

13 December 2004

Longtime casino types remember the days when holiday decor during December at a Strip hotel-casino consisted of a fake Christmas tree in the hotel lobby, a few twinkling lights in the buffet area and silent nights. These days holiday decorating takes on various levels of expense.

Sands Raises IPOP Estimates

13 December 2004

Las Vegas Sands has again raised the amount of money it expects to get from its initial public offering of stock, saying the company could be worth an estimated $8.2 billion instead of earlier estimates of $6.8 billion.

It's About Time

11 December 2004

Star Brooks: In the past year we have seen our gambling environments change with the times.

Mandalay Stockholders Approve Merger

10 December 2004

Mandalay Resort Group reports that this morning at its 2004 annual meeting of stockholders the merger agreement between MGM Mirage and the company was approved by the company's stockholders.

Deadline Set for Wynn Online Job Applications

10 December 2004

Wynn Las Vegas said it is advising job applicants to complete online job applications by Dec. 31 to be considered for positions at the resort, which is scheduled to open April 28.

Las Vegas Strip, Nevada Casinos Stay Hot

10 December 2004

Fueled by big baccarat and other table-game action, casinos along the Las Vegas Strip won $491.9 million in October, a 20.3 percent increase from a year ago and the highest monthly percentage gain since November of 1999.

Nevada May Receive Less Security Funding

10 December 2004

Those in Washington who allege that Nevada's reduced potential as a terrorist target make it less deserving of homeland security funding soon will hear otherwise from the state's congressional delegation, Rep. Shelley Berkley told a Las Vegas audience Thursday.

Shuffle Master Revenues Up

10 December 2004

Focusing on its core business as a casino equipment supplier, Shuffle Master said Thursday the company grew its revenues 48 percent in the fourth quarter and 45 percent for fiscal 2004.

Litigation Could Hurt Alliance Gaming Stock

10 December 2004

Patent litigation brought by International Game Technology against rival slot machine manufacturer Alliance Gaming could be the latest adverse element affecting the company's slumping stock price, one gaming analyst said.

MGM Grand Opens Teatro Euro Bar

10 December 2004

MGM Grand has defined yet another genre of nightlife with the grand opening of Teatro Euro Bar.

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