Nevada News - Page 615

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Workers Reject Mandalay Proposal

17 December 2004

About 320 maintenance workers at three Mandalay Resort Group properties voted to reject a two-tier wage and benefit contract offer from the company and could strike as soon as Wednesday.

Pinnacle Entertainment Prices Common Stock

17 December 2004

Pinnacle Entertainment, Inc. reports that the underwritten public offering of its four million newly issued shares of common stock has been priced at $18.25 per share, which will result in gross proceeds to Pinnacle of $73.0 million.

Harrah's Names New Vice President

17 December 2004

Marybel Batjer has been named Vice President of Public Policy and Communications of Harrah's Operating Company, Inc., a subsidiary of Harrah's Entertainment, Inc.

Las Vegas Sands Tops Market

16 December 2004

On its inaugural day of trading on the New York Stock Exchange, Las Vegas Sands became the industry's largest gaming company in terms of market capitalization after its stock price jumped 61 percent Wednesday.

Judge Dismisses Lawsuit Against Paris Las Vegas

16 December 2004

A federal judge on Wednesday summarily dismissed a lawsuit stemming back to the 1999 opening of the Paris Las Vegas resort in which a California gambler claimed hotel executives reneged on promises after he lost millions at the casino.

Harrah's Launches Redesigned Web Site

16 December 2004

Today, Harrah's Entertainment, Inc. launched an upgraded version of its Harrah’s Web site.

World Poker Tour Season Three: Bellagio Five Diamond World Poker Classic

15 December 2004

The eighth stop on the World Poker Tour kicked off today at Bellagio, Las Vegas.

Company to Issue 3 Million Shares of Common Stock

15 December 2004

Pinnacle Entertainment Inc. said it intends to offer 3 million shares of common stock. Underwriters of the stock offering will have the option of purchasing up to 450,000 shares.

Suit Asks That Payments to Las Vegas Firm Stop

15 December 2004

A watchdog group is suing to block the state from making more payments to a Las Vegas law firm hired a year ago to draft legislation to legalize video slot machines.

Planned Vegas Tower Featured in 'Apprentice' Season Finale

15 December 2004

Las Vegas' high-rise tower boom will get national exposure Thursday night when Donald Trump takes his planned Trump International Hotel and Tower Las Vegas to the set of NBC's "The Apprentice."

Report: Las Vegas Economy Should Stay Robust in '05

15 December 2004

Southern Nevada received high marks for its 2004 economic performance this morning from the UNLV Center for Business and Economic Development.

Officials: Pro Sports Could Only Help Market Las Vegas

15 December 2004

Coupling big-time sports with this city's existing amenities would be a marketing home run for the local tourism and travel industry, executives with the Las Vegas Convention and Visitors Authority and advertising agency R&R Partners said Tuesday.

Las Vegas Sands IPO a Big Hit

15 December 2004

News Brief: Las Vegas Sands commanded a premium of about 50 percent over its IPO price Wednesday as investors bid up shares of the casino giant on the company's growth prospects in the U.S. and in China.

Wynn Resorts Completes Refinancing

15 December 2004

Wynn Resorts, Limited reports the completion of the refinancing of the indebtedness of its subsidiary, Wynn Las Vegas, LLC.

Pinnacle Entertainment Offers Common Stock

14 December 2004

Pinnacle Entertainment, Inc. reports that it intends to offer 3.0 million newly issued shares of its common stock.

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.

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