Nevada News - Page 617

Introducing a state lottery could be counterproductive and even hurt the state's primary industry, according to one casino representative.

News Brief: A new casino is coming to Fallon to serve residents on the west side of Churchill County.

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

Station Casinos reports record Q4 EBITDA of $107.1 million, an increase of 27% over the prior year's Q4 and record fiscal 2004 EBITDA of $385.4 million, an increase of 31% over the prior year.

Park Cattle Co., the company that owns the land housing Caesars Tahoe, said Friday it wouldn't exercise an option to purchase the casino's 27.2-acre site.

In a year in which so many things went awry, Las Vegas remained one of 2004's few bright spots for America West Airlines.

Caesars Entertainment Inc., reports that Park Cattle Co., the owner of the land on which the Caesars Tahoe casino resort is located, has decided against exercising its right to purchase the northern Nevada property.

It took 10 years and a ton of money, but the once-humble Silverton is finally gaining some respect.

North Las Vegas Police will be on hand at Texas Station this weekend to provide extra security in light of a shooting there last Friday.

Democrats in the Legislature plan to propose a Nevada lottery this session that would largely go to education.

As another legislative session nears, the Nevada Resort Association's chairman says the association is starting the year with commitments from the state's major casino companies.

The Nevada Gaming Commission has been asked to discipline the owner of the Venetian resort over a 2004 incident in which a minor was allowed to gamble and was served alcoholic beverages in the casino.

Sources familiar with Mandalay say it intends to divvy up control of the Mandalay properties among its executives rather than create and maintain a separate Mandalay Resort Group operating unit after its merger with MGM Mirage.

Casino Arizona has chosen JCM American as the exclusive supplier of bill validators for its two Scottsdale-area properties.

Harrah's Entertainment and Caesars Entertainment have substantially complied with a request from the Federal Trade Commission for additional information surrounding their proposed $9.4 billion merger agreement.

Shuffle Master, Inc. today announced that the Company will form a wholly-owned subsidiary company, Shuffle Up Productions, Inc.

Boomtown Casino and Hotel Reno is dazzling with a $75,000 Diamond Giveaway through April 2 that will award Hearts on Fire, Scott Kay and other dazzling diamond jewelry.

Membership in the Gaming Standards Association continues to grow worldwide, and the organization is proud to welcome its newest Platinum Member, the Genting Group, the leading casino operator in the Asia Pacific region.

The Las Vegas City Council is expected to delay voting on a measure that could relieve Boyd Gaming of its obligation to build a parking garage on city land it bought for $1 in 1994.

The board of directors of Harrah's Entertainment declared a regular quarterly cash dividend of 33 cents per share, payable February 23, 2005, to shareholders of record as of the close of business on February 9, 2005.