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Nevada News - Page 643

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Casinos Eliminating Craps Position

Another longtime Las Vegas tradition is starting to see the dice come up snake eyes as several gaming companies move to eliminate the box man position at craps tables.

Ellis Island Plans Condo-Hotel

The off-Strip Ellis Island Casino & Brewery has submitted plans with to build a 36-story condo-hotel tower with about 800 rooms.

Aladdin Sale Back on Track

The sale of the $1.4 billion Aladdin hotel-casino is back on track since Nevada investigators were given access to audit documents dealing with some of the buyers' investments.

Las Vegas Culinary Academy Opens

To better serve what has become the fastest-growing segment of the hospitality industry in Las Vegas, the Culinary Training Academy today will open a $3 million kitchen classroom at Nevada Partners.

Company Hires PR Agency

Caesars Entertainment Inc. has hired Fremont, Calif.-based Maita-Saviano Public Relations LLC to help increase Caesars' visibility among the technology trade press.

Aladdin Turns Profit as Licensing Hearing Nears

The Aladdin hotel-casino, nearing the end of a marathon run in bankruptcy, reported a profit of $3 million in July, according to a filing in U.S. Bankruptcy Court.

Small Properties May Gain From Proposed Mergers

The two pending casino company megamergers destined to change the landscape of the gaming industry have raised the profile -- and the value -- of some of the small, non-corporate properties, some casino executives say.

Trade Group Joins Cause

The Association of Gaming Equipment Manufacturers, a trade group for makers of slot machines and related equipment, has made a $20,000 contribution to to the Nevada Council on Problem Gambling.

One L.A. Flight to be Cut

Southwest Airlines will eliminate one nonstop round trip between Las Vegas and Los Angeles when it revamps its schedule in October.

Casino Receives $1 Billion Loan

Las Vegas Sands Inc. said it's opening a $1.01 billion credit line for the Venetian.

Police Unit to Occupy Convention Center

Metro Police has moved its Tourism Safety Unit to the Las Vegas Convention Center from downtown's City Hall to provide quicker response time to the tourism district, Metro officials said.

LVCVA Uses Mobile Billboards

A truck owned by Marla Letizia's Mobile Billboards of Las Vegas rolls along the Strip adorned with an advertisement.

Casino Merger Value Rises

The preliminary price for MGM Mirage to buy Mandalay Resort Group has edged up to $8.1 billion in the two months since the deal was announced in June, but Wall Street analysts on Friday said the merger still makes sense for investors and the combined company.

Developers Envision 73-Story Tower of Condominiums on Strip

Refusing to settle for pie in the sky when they're promising to actually build there, a pair of Australian developers said late Thursday they'll soon erect Las Vegas' tallest habitable structure directly north of the Sahara.

Massive Merger: Mall Giant Bids for Las Vegas Empire

Wall Street's 2004 push toward consolidation reprised early Friday, and once again the latest corporate megadeal had multiple Las Vegas connections.

Desert Inn to be Imploded Nov. 17

Steve Wynn says that he plants to simultaneously implode both remaining Desert Inn hotel buildings, including the St. Andrews Tower, about 1 a.m. on Nov. 17.

Former Maxim Investor Hit by Insider Trading Complaint

The Securities and Exchange Commission has accused a Dallas investor in the former Maxim hotel-casino in Las Vegas of engaging in insider trading.

Wynn: Disneyland Casino Reports Overblown

Steve Wynn says that media reports linking him to plans to develop a tribal casino near Disneyland in Orange County, California, are exaggerated.

California Deal Helps Las Vegas Group

George Maloof, owner of the Palms, and Jerry Turk, former owner of Fitzgeralds, were the big winners in California Governor Arnold Schwarzenegger's latest tribal casino agreements.

Merger Stirs Vendors' Fears

Some local Las Vegas vendors are worried that they are going to suffer as a result of the Harrah's and MGM Mirage megamergers.

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