Nevada News - Page 623

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.

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.

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.

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.

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.

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

Shuffle Master reports dfiluted earnings per share from continuing operations increased 29% to $0.27 and revenue increased 48% to $25.9 million for Q4.

Instead of developing second and third Macau properties with other hotel owners, Steve Wynn says the power of Macau is too valuable to sell, and that he'll build at least one, and possibly two properties on the island.

The head of the MGM Mirage's diversity program says having same-sex benefits available may be the difference in a recruitment battle with a competitor.

International Game Technology confirmed today that it has filed a patent infringement lawsuit against Alliance Gaming Corporation and its Bally Gaming, Inc. and Bally Gaming International, Inc. subsidiaries in the Federal District Court in Las Vegas.

Alliance Gaming Corp. responds to a patent infringement complaint was filed yesterday against the company by International Game Technology.

With Nevada on pace this year to host a record 50 million-plus annual visitors, Gov. Kenny Guinn says the state must capitalize on its unprecedented popularity by using portions of today's tourism windfall to pay for improvements that will make the state more attractive to different industries.

Hoping to emulate The Donald's success with ‘The Apprentice’ while avoiding the critical backlash that was ‘The Casino,’ proponents of outdoor adventures in Nevada's backcountry will soon take their message to the masses using a first-of-its-kind reality television program.

Two Las Vegas gaming executives say there is an ever-increasing need for capital investment in attractions and attention to quality customer service if Nevada is going to maintain its edge as the premiere gaming destination in the world.

The gaming industry is expected to consolidate further with a particular emphasis on expansion in Las Vegas, according to an 2005 industry outlook published by bond rating company Fitch Ratings.

Casino Direct Health Services, a mobile dentist clinic in Las Vegas, offers on-site general dentistry services to Station Casinos and Boyd Gaming Corp. employees, and is looking to expand to other casinos and, possibly, beyond the gaming industry.

IGT today announced that Thomas J. Matthews will succeed G. Thomas Baker, as chairman of International Game Technology.

International Game Technology’s Board of Directors has declared a quarterly cash dividend of twelve cents ($0.12) per share, payable on January 4, 2005 to shareholders of record on December 21, 2004.

Wynn Resorts reports that Deutsche Bank Securities Inc., the underwriter of its previously announced offering of common stock which closed on November 15, 2004, has exercised in full its option to purchase an additional 1,125,000 shares of Wynn Resorts common stock to cover over-allotments.