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Nevada News - Page 607

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Venetian Stock Sale Approved

The Nevada Gaming Control Board has recommended approval for Las Vegas Sands Corp. to sell up to $575 million in common stock to be used for such things as expansion into the gaming markets in Asia and the United Kingdom.

Gaming Stocks Recovering

Gaming stocks had a banner month in September, recovering from their summer doldrums with a surge of 12 percent in the Dow Jones Casino Index and 6 percent in the Applied Analysis Gaming Index.

Slot Licensing Craze Continues

The slot industry has been on a licensing binge over the past few years to capture and retool brands ranging from TV shows and game shows to vintage cartoons.

Courts: FBI Can't Force Casinos to Reveal Records

A federal judge Wednesday tossed out provisions of the Patriot Act that the FBI used to force casinos and airlines to turn over customer records for thousands of Las Vegas visitors in December.

Aristocrat Technologies President Honored

Aristocrat Technologies President Gavin Isaacs was named "Gaming Professional of the Year" by the Casino Management Association of Southern Nevada.

Macau to Learn from Las Vegas

ews Brief: In effect aiming to mirror the success of The Strip, which 20 years ago was only famous for its casinos, Macau hopes to use Las Vegas know-how to reposition itself as a destination for families, business conventions, sightseeing and shopping.

McCarran Passenger Traffic on Record Pace

McCarran International Airport had near-record traffic counts last month, posting the best August in the airport's history.

Casinos Seen as Terrorist Target for Money Laundering

Casinos need to be certain they are following federal policies aimed to prevent money laundering by terrorists, members of the Senate Banking Committee said Tuesday.

Slot maker to Unveil New Games at G2E

International Game Technology will display more than 380 machines and about 185 new slot brands at the Global Gaming Expo trade show at the Las Vegas Convention Center next week.

Replica Signs Available at Casinos

The souvenir signs will be available at casinos and at souvenir stores throughout the city.

Giant Ad Appears on Luxor

A giant ad promoting a new Toyota truck appears on the side of the Luxor hotel and casino facing Mandalay Bay.

That's About the Size of it

The machines there are huge, so big they make a fully grown man resemble a child's action figure posed beneath a toy Tonka truck in a backyard sandbox.

Gaming Deal: Colony Gets Casinos for $1.2 Billion

Colony Capital is poised to become a major competitor in the gaming industry nationwide after reaching a final agreement to buy four casinos from Harrah's Entertainment and Caesars Entertainment, analysts said Monday.

Stock Climbs on Analyst Report

Shares of Wynn Resorts were up more than $2 per share in early trading this morning as the broader markets fell on a bullish analyst report.

Commission Delays Action on Club's Slots

A Las Vegas topless dance club won a reprieve for the shutdown of its 13 video poker machines Friday when the Nevada Gaming Commission voted to postpone action on a state Gaming Control Board complaint over alleged violations of state gaming laws.

Casinos Remain Cautious of Reality Shows

From its June debut up to the final episode of the Fox network reality show "The Casino" last month, the Golden Nugget experienced an increase in business and the kind of publicity that can't be bought.

Reno Man Becomes Millionaire

News Brief: A 25-year-old warehouse receiving manager from Reno hit it big at the Atlantis Casino Resort.

Gaming Commission Hearing: Station Fined $2.2 Million

The Nevada Gaming Commission on Friday approved a $2.2 million settlement of the 18-month-old case against Station Casinos for failing to file required anti-money laundering reports with the federal government.

Nevada Gaming Commission: Hard Rock Action Wins Praise

Attorneys hailed a Nevada Gaming Commission's Friday decision to dismiss two complaints against the Hard Rock Hotel arising from its sexually suggestive advertisements as a victory for the hotel-casino and the First Amendment.

Hard Rock CEO Planning $1 Billion Condo-Hotel

The chief executive of the Hard Rock Hotel on Thursday announced plans to build four condo-hotel towers behind the resort at a cost of $1 billion, locking up a key parcel of land for future expansion.

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