Nevada News - Page 643

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Fraudulent Vegas Casino Scheme Claim Settled

3 February 2004

A California man has agreed to settle Securities and Exchange Commission claims that he defrauded investors in a bogus celebrity-themed Las Vegas resort and casino.

Las Vegas Sands Results Mixed

3 February 2004

Las Vegas Sands Inc., owner of The Venetian resort and the Grand Canal Shops, reported Q4 cash flow of $63.4 million, an increase of 8.7 percent from Q4 2002. But net income of $2.6 million was down from $6 million in Q4 2002.

Nevada Casinos Numbers Dip

3 February 2004

News Brief: Winter weather and gaming competition from eastern Idaho's Fort Hall Indian Reservation cut into revenue at a pair of Jackpot, Nevada casinos.

Gaming Leader Death Almost Unnoticed

2 February 2004

The death of a longtime leading Las Vegas gaming executive last month might have gone unnoticed had the resort that he ran for 34 years not closed last week.

Troupe Offers to Reinstate HIV-Positive Gymnast

2 February 2004

Cirque du Soleil offered Friday to reinstate an HIV-positive gymnast after federal labor investigators found "reasonable cause" to believe the Montreal-based circus engaged in job discrimination when it fired the performer because of his condition.

Hofbrauhaus Opens

2 February 2004

Hofbrauhaus' opening day was Saturday. The Hofbrauhaus is at Paradise Road and Harmon Avenue in Las Vegas.

$300 Million Project Planned for Las Vegas

2 February 2004

Florida-based Turnberry Associates has joined with Centra Properties to develop a 100-acre parcel that sits in the ‘cross hairs’ of Las Vegas Valley.

Castaway Employees Get Help

2 February 2004

The same coalition of groups that helped Binion's Horseshoe workers find work and file for benefits has already begun pointing the Castaways employees toward assistance.

Binion's Targeted for Insurance Probe

2 February 2004

Binion's Horseshoe and its owner are being investigated by the U.S. Department of Labor for possible violations of federal law involving $2.5 million in unpaid worker health insurance claims.

Casinos Cash in on Super Bowl Fans

30 January 2004

While the Super Bowl remains one of the most bet-upon events in history, it's the small bettors that will carry the day in Las Vegas, experts say.

Vacation Village Site Sold

30 January 2004

In a joint-venture deal, Turnberry Associates and Centra Properties LLC have purchased the closed Vacation Village hotel-casino on Las Vegas Boulevard and plan to develop a retail center and possibly other projects on the site.

Future of Castaways Unclear

30 January 2004

Gaming industry observers are split over whether the historic Castaways will ever open again.

Super Bowl Puts Sports, Gaming Link in Forefront

30 January 2004

The NFL bans gaming ads during the Super Bowl but has no problem with casinos buying guest boxes at the big game for high rollers. Their policy is example of the hypocritical relationship between sports and gaming.

Asbestos Concern Won't Delay Binion's Opening

30 January 2004

The reopening of Binion's Horseshoe in downtown Las Vegas is not expected to be delayed by asbestos concerns, an official with Harrah's Entertainment Inc. said Thursday.

Prop Bets Offer Wild, Wacky Fun

29 January 2004

Casual gamblers love Super Bowl props because they tend toward the wacky and whimsical. Professional sports bettors see props as an opportunity to get the upper hand on oddsmakers and pocket some cash.

New Vegas Flights Prices Released

29 January 2004

United Airlines' low-cost carrier, which will debut Feb. 12 with flights between Denver and Las Vegas, has announced ticket prices on its Las Vegas routes.

Super Bowl Controversy Erupts at Vegas Resort

29 January 2004

The Palms hotel-casino has canceled a sold-out broadcast of the Super Bowl in its movie theater after the property was threatened with legal action by the National Football League.

Expert Pessimistic about Moulin Rouge Revival

29 January 2004

At least one gaming expert is not supporting the plan by the Moulin Rouge's new owners to build a $200 million casino and entertainment complex on the 15-acre site devastated by arson last spring.

Culinary Union Increases Pressure

29 January 2004

The Culinary Workers Union Local 226 today said it stepped up its effort to organize workers at the bankrupt Aladdin hotel-casino on the Las Vegas Strip.

Asbestos Adds to Binion's Woes

29 January 2004

Asbestos materials lacing Binion's Horseshoe could further delay its sale and reopening as well as slow and add substantial costs to any renovation or redevelopment of the downtown property.

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