Nevada News - Page 640

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Barrick Gaming Secures Financing for Acquisitions

26 February 2004

Barrick Gaming, the start-up company buying four downtown Las Vegas casinos from gaming pioneer Jackie Gaughan recently secured financing for the roughly $82 million deal, a company executive said today.

Individuals Not Named in Venetian Complaint

26 February 2004

Don't look for the names of The Venetian executives responsible for rigging three February 2002 contests for high-rolling gamblers in the complaint and settlement agreement the megaresort and the Gaming Control Board agreed to Tuesday.

Aladdin's Loss Narrows

26 February 2004

The bankrupt Aladdin resort on the Las Vegas Strip reported a $402,122 loss in January in a recent filing with the U.S. Bankruptcy Court.

Mandalay Ad Campaign Stresses Fun

26 February 2004

Mandalay Resort Group is changing the direction of its advertising for its 4,404-room Luxor megaresort on the Las Vegas Strip.

Venetian Exec Leaves for New Venture

26 February 2004

Venetian hotel-casino owner Sheldon Adelson's right-hand man, David Friedman, is leaving the company to build a new gaming resort in Las Vegas.

Las Vegas Boost Room Profits

26 February 2004

Despite flat room rates and tepid leisure travel demand, major Strip hotel-casinos are successfully squeezing ever-higher profits per room, according a Fulcrum Global Partners report.

Latino Theme Eyed as Possibility for Castaways

25 February 2004

The Castaways would be transformed into Las Vegas' first hotel-casino marketed directly to Hispanics if a trio of small casino operators exercise an option to buy the 49-year-old property.

Expansion Under Way at Silverton

25 February 2004

Construction is under way on the Silverton hotel-casino's $100 million expansion.

Venetian Settles Complaint Over Rigging of Contest

25 February 2004

Rigging a 2002 contest to make sure a losing gambler won a Mercedes-Benz and violating other state rules will cost The Venetian $1 million.

PrimeLine SportsBook Goes Live

25 February 2004

VirtGame Corp.’s PrimeLine SportsBook has been deployed and gone live at Casino Fandango.

Local Group Pursues Castaways, Offering More Than $20 Million

25 February 2004

The odds of the Castaways reopening as a hotel-casino improved markedly Tuesday after three local casino operators signed a letter of agreement giving them an option to buy the property.

Clothes-Minded Told to Open Eyes

25 February 2004

Despite the bling-bling diamond rings, model-studded parties and celebrity posses on display in abundance, most of the nearly 90,000 people in town for this week's Men's Apparel Guild in California trade show came to Las Vegas seeking new ways to grow and improve their businesses.

Culinary Launches New Attack Against Aladdin Buyer

24 February 2004

Culinary Union officials sent a letter Monday to Nevada gaming regulators charging that the themed-restaurant operator's business record raises questions about his suitability for licensing as a Nevada casino operator.

Las Vegas Lifts Gaming Stocks

24 February 2004

The power of the Las Vegas casino business is driving gaming industry stocks to near-record heights, industry experts said Monday.

Crowds Jam Colosseum, Fan Caesars Revenue

23 February 2004

The Colosseum at Caesars Palace has rendered crowds and financial rewards substantially surpassing expectations since it opened almost a year ago, Caesars Palace President Mark Juliano said Friday.

Inside Gaming Column: Hotel Can't Count on Counsel's Credentials

23 February 2004

A selection of news and views from inside the industry.

Barney Vinson's World: Diane

22 February 2004

Barney Vinson: She was kind of sweet, like a kid sister. The only problem was she looked more like her dad than her mother.

Trump Won't Disclose Nevada Plans

20 February 2004

Trump won unanimous approval from the commission for a gaming license, but said after the brief licensing hearing that he has no immediate announcement of his plans for Nevada and Las Vegas.

Land Owners Against Binion Deal

20 February 2004

Owners of the land under Binion's Horseshoe are refusing to go along with the proposed sale of the hotel-casino to MTR Gaming Group.

Fitzgeralds Continues to Evolve

20 February 2004

Don Barden continues to upgrade the Las Vegas property he acquired out of bankruptcy in 2001.

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