Nevada News - Page 646
Mergers and Acquisitions: Other Deals in Works?
14 July 2004
MGM Mirage is continually looking for new acquisition and expansion possibilities although it prefers dealing with some gaming jurisdictions more than others, the company's chairman said in a recent interview.
Moapa Band Cements Deal for its Land14 July 2004
One of the nation's largest cement companies said this week it has struck a deal to build a $250 million plant less than 40 miles northeast of Las Vegas on land owned by the Moapa Band of Paiute Indians.
Imperial Palace to Pay $325,000 to Settle Lawsuit14 July 2004
Imperial Palace Inc. has agreed to pay the federal government $325,000 to settle a lawsuit that accused the company of violating the Fair Credit Reporting Act.
Carrow's Not Likely to Survive Merger, MGM Mirage Exec Sees 'Higher and Better Use'14 July 2004
MGM Mirage's Big Apple-themed New York-New York resort could get some new polish if the gaming company's $7.9 billion acquisition of Mandalay Resort Group is completed as proposed.
Las Vegas Visitors Stay on Record Pace13 July 2004
A surge in convention attendance powered another record for local tourism in May, when Las Vegas welcomed more than 3.2 million visitors for the third consecutive month.
New Las Vegas Sands Resort to Cost $1.6 Billion13 July 2004
Las Vegas Sands on Monday released new details about its planned $1.6 billion Palazzo casino resort on the Strip at Sands Avenue and started marketing a $975 million credit package to provide financing for the project.
Mermaid Show Planned13 July 2004
The Silverton hotel-casino plans to produce a live hourly mermaid show at a 110,000-gallon salt-water tropical fish tank it is building as a new attraction.
Condo Tower In Works For North Strip13 July 2004
A group of Los Angeles-based developers announced plans to build Sky Las Vegas, a 40-story residential luxury high-rise condominium tower located on the west side of Las Vegas Boulevard.
Nevada Economy: State Gaming Revenue on a Roll13 July 2004
Nevada's gaming industry blossomed in May as casinos raked in $908 million from gamblers, nearly a 13 percent increase over the same month last year, the state announced Friday.
Three Harrah's Executives Named12 July 2004
David Carroll, vice president of human resources at Horseshoe Gaming Holding Corp., joins Harrah's as Central Division vice president of human resources.
Ex-Mirage Official Pleads Guilty in Privacy Case12 July 2004
Former Mirage Resorts Inc. corporate security manager Eugene Harding has pleaded guilty to a federal charge that he conspired with a government official to illegally access an individual's personal tax records.
Casino Loan Earns Boston Unwelcome Attention12 July 2004
News Brief: The Boston Museum of Fine Arts is being challenged for renting 21 Monets to a casino gallery in Las Vegas.
Autopsy Fails to Uncover Cause of Death of Tata12 July 2004
News Brief: Investigators are still trying to determine what caused the death of Amherst native Michael Tata - one of the prominent players in the Discovery Channel reality series 'American Casino'.
Reno Jackpot Pays Out $1.9 Million12 July 2004
News Brief: A retired laundromat owner from Fresno, Calif., is $1.9 million richer after hitting a progressive slot jackpot at a Reno casino.
Reno Casino Employee Injured in Accident12 July 2004
News Brief: An employee at the Silver Legacy Resort Casino received head injuries Saturday after an accident with a lift device, Reno firefighters said.
Inside Gaming: Pockets Deep, Competition Steep12 July 2004
A selection of news and views from inside the industry this week.
Wynn Increases Las Vegas Country Club Offer to $52.5 million9 July 2004
Rejected once in recent days, developer Steve Wynn has increased his bid for the Las Vegas Country Club, this time offering members approximately $52.5 million in exchange for control of the 36-year-old golf course and its amenities.
Cingular Pulling Poker Sponsorship9 July 2004
Cingular Wireless has pulled its sponsorship of the "Celebrity Poker Showdown" on the Bravo cable network.
Union Members Agree to Merger9 July 2004
Culinary Union parent Hotel Employees and Restaurant Employees International Union have to merge, creating an organization with nearly 50,000 local workers.
Nevada Gaming Win Again Up9 July 2004
For the fourth straight month, Nevada casinos registered a double-digit increase in their gross win, the first time this has happened since at least 1997.
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