Nevada News - Page 632

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Golden Nugget Properties Report Profit Increase

13 April 2004

The Golden Nugget casinos in downtown Las Vegas and Laughlin today reported a profit of $2.9 million for 2003, up from a loss of $529,000 for 2002 primarily due to increased operating efficiency at the properties.

Bellagio Workers Lose Out on Pay

13 April 2004

The continuing power outage at the Bellagio has left many of the megaresort's 8,000 workers out of work and without pay for at least a day.

The Strip: Venetian Finds Buyer for its Mall

13 April 2004

The nation's second-largest shopping center owner on Monday stepped up to Las Vegas' brightest stage with its reported $1.5 billion acquisition of The Venetian's Grand Canal Shoppes and future considerations.

Visitor Volume Increases 5.2 Percent in February

13 April 2004

Winter's chill did little to cool off Las Vegas' white-hot tourism industry in recent months as the city enjoyed its third consecutive best-ever month in February.

Mystery Outage Cripples Bellagio

13 April 2004

A power outage paralyzed gambling operations at Bellagio on Easter Sunday, sending workers at the five-star hotel scrambling to accommodate more than 1,500 inconvenienced guests.

Inside Gaming: Plazzo May Have Place in Mall Bids

13 April 2004

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

Castaways Deal Paves Way for Reopening

8 April 2004

A trio of local casino operators has a tentative deal to buy and reopen the Castaways hotel-casino near downtown Las Vegas, prospective buyer Randy Miller said this morning.

Nevada Regulators Approve Reopening of Laughlin Casino

8 April 2004

he Nevada Gaming Control Board on Wednesday gave preliminary approval for the owner of a California real estate investment company to reopen the Regency Casino.

Las Vegas Attracts Spring Break Vacationers

8 April 2004

As one of the top destination resorts in the world, Las Vegas is on the radar screen of thousands of individuals and families who escape for the annual ritual of spring break.

Mixed Reactions to UK Gaming Recommendations

8 April 2004

Two major Las Vegas operators and a gaming analyst see the latest recommendations for gambling expansion in the UK as a positive for casino companies. Others aren’t so optimistic.

Economists: Las Vegas Economy Improving

8 April 2004

Profits at the major, publicly traded Las Vegas-based gaming companies jumped an estimated 28 percent in the first quarter of 2004, signaling further improvements in the local economy.

Man Bets Shirt Off His Back

8 April 2004

News Brief: A British man who has sold all his possessions, including his clothes, will stand in a rented tuxedo on Sunday and bet everything on a spin of the roulette wheel.

Pedestrian Bridge at McCarran May Help Ease Airlines' Growing Pains

7 April 2004

A pedestrian bridge linking two concourses at McCarran International Airport would enable the airport's two busiest airlines to expand operations without inconveniencing passengers, the airport's top executive said Tuesday.

Federal Homeland Security Tourism Advocate Proposed

7 April 2004

Rep. Jon Porter, R-Nev., is working to create a tourism advocate position in the Department of Homeland Security.

Harrah's Execs Eat More Health Care Costs

6 April 2004

News Brief: Harrah's Entertainment Inc. is cutting costs and making health care more affordable for low-wage workers partly by shifting the burden onto employees at the top of the pay scale.

Wynn Pursues Upscale Gamblers

6 April 2004

News Brief: Stephen A. Wynn wants Vegas to become the top destination for every upscale gambler in the world.

Nevada Casinos Want $20 million Tax Refund

6 April 2004

Forty-one casinos want a tax refund of $20 million for the sales tax paid on complimentary meals for their guests and employees over a three-year period.

Deadline Passes, But Sales Talks Will Continue for Castaways

6 April 2004

The deadline for the partnership of Randy Miller, Rich Gonzales and Rich Ionnone to buy the Castaways passed Monday without a final deal, but with negotiations still in progress, Vestin spokesman Steve Stern said.

The Strip: Mandalay Revises Earnings Upward

6 April 2004

Startled Wall Street analysts, seeing estimated first-quarter earnings at Mandalay Resort Group revised upward 30 percent Monday, described Las Vegas as a boom town with bright prospects for the months ahead.

Two People Killed in Dispute at Off-Strip Casino

5 April 2004

News Brief: Las Vegas police shot and killed a man moments after he gunned down a customer during a dispute Thursday night inside the Eureka Casino, police said.

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