Nevada News - Page 658

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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.

Tribal Gambling's Threat Nears with Expansion Talks

28 January 2004

Nevada casinos are likely to face major challenges sooner rather than later based on the rapid progress of initial negotiations to expand tribal gaming in California, Wall Street analysts said Tuesday.

Moody's Upgrades Golden Nugget Investors

28 January 2004

Moody's Investors Service has upgraded the rating outlook on Poster Financial Group Inc. of Las Vegas to ‘stable’ from ‘negative’.

Horseshoe Woes Continue: Sources: Medical Bills Unpaid

28 January 2004

Hundreds of Binion's Horseshoe former workers may have to pay millions in unpaid medical bills even though the gaming company deducted medical insurance premiums from their paychecks.

Las Vegas Has New NFL Ad Game Plan

28 January 2004

News Brief: The Las Vegas Convention and Visitors Authority is retaliating against the NFL’s anti-betting ad stance.

Aladdin Bosses Pleased Despite $4.1 Million Loss

27 January 2004

The Las Vegas Strip's Aladdin hotel-casino, in the midst of a U.S. Bankruptcy Court-approved sale, had a loss of $4.1 million in December, documents filed with the court said.

Travel Companies Honored in N.Y.

27 January 2004

VEGAS.com, an Internet travel site, won three silver and two bronze awards for public relations, marketing and promotional excellence at the Hospitality Sales & Marketing Association International 2003 Adrian Awards in New York Monday.

Inside Gaming Column: Fool Thinks Harrah's May Pitch Horseshoe

26 January 2004

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

Emergency-Plan Flap Persists

26 January 2004

Nearly four months after a statutory deadline, state officials this week are still finalizing the list of hotel-casinos required to file emergency response plans with the Division of Emergency Management and correcting the log of who has complied.

Ongoing Betting Growth Called Threat to Nevada

26 January 2004

Delays in dealing effectively with the burgeoning growth of online gaming is compounding the competitive and regulatory challenges it poses for Las Vegas, industry experts said this week.

Wheel of Fortune Pays Nearly $5 Million

26 January 2004

Wheel of Fortune slots hit twice on Saturday in Las Vegas paying the two winners a total of nearly $5 million.

Golden Nugget Takeover Approved

23 January 2004

Tim Poster and Tom Breitling have received approval from the Nevada Gaming Commission for their $215 million takeover of the downtown and Laughlin Golden Nugget hotel-casinos.

Harrah's Plans to Continue Poker Series

22 January 2004

Harrah’s says they will continue the World Series of Poker after it has purchased Binion’s Horseshoe.

Harrah's, Horseshoe Agreement Official

22 January 2004

Harrah's Entertainment Inc. today said it signed a definitive agreement to purchase Binion's Horseshoe in downtown Las Vegas and is working to re-open the historic hotel-casino.

Hard Rock Hit with Complaint

22 January 2004

The Hard Rock hotel-casino could face a fine of as much as $300,000 after the state Gaming Control Board filed a three-count complaint against the Las Vegas resort over its advertising on Wednesday.

Drought Won't Change Water Park Plans

22 January 2004

Don't bet on the drought prompting Las Vegas casino developers to quit building water-themed resorts, industry experts said Wednesday.

Analysts Foresee Strong Strip Hotel Results for Chinese New Year

22 January 2004

Gaming industry sources have expressed confidence this week's Chinese New Year celebration will attract plenty of high-rolling revelers as they ring in the Year of the Monkey.

Castaways Losses Continue, Turnaround Projected

21 January 2004

The owner of the Castaways hotel-casino lost $1.6 million in December and is projected to lose another $1.3 million in January, according to a filing this week in U.S. Bankruptcy Court.

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