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Nevada News - Page 674

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Mergers And Acquisitions: Sources Expect Sale of Las Vegas Hilton

Park Place Entertainment Corp. is expected to announce today the sale of the Las Vegas Hilton to Colony Capital for $280 million, sources close to the deal said Tuesday.

Vegas Resorts Make Few Changes for Holidays

Besides special menu items and holiday decorations, Las Vegas’ resorts aren’t doing much to draw holiday visitors.

Rio Makes Plans for Wheel in Sky

The Rio Tuesday announced plans to build the world's tallest observation wheel, part of an $86 million project that it promised would change Las Vegas' skyline and bring millions of new visitors to the off-Strip property each year.

Opinion: Barr Offers Forward-Thinking Policy on Problem Gamblers

Wallace R. Barr: When Park Place Entertainment began crafting an updated policy to promote responsible gambling at our casinos, we thought that our announcement would attract some attention, both inside and outside the gaming industry.

Hotels Strike Bowl Paydirt

The Golden Nugget probably feels a bigger impact than the Luxor as host hotels of the 12th annual Las Vegas Bowl, but both properties welcome the business during one of the slower periods of the year.

Hilton Has Rich History in Las Vegas

For more than 34 years, the Las Vegan Hilton has been a Las Vegas landmark and an important part of the history of the casino capital of the world.

Boomtown Reno Reels Out

Boomtown Casino and Hotel Reno is reeling out big paydays and even bigger laughs with new Saturday Night Live slots.

More Signs of Bad Times at Horseshoe

In what casino industry observers believe is a sign of a near-term sale or closure of Binion's Horseshoe, the husband of property owner Becky Binion Behnen has asked state regulators to withdraw his gaming license application.

Woman Hits $8.9 Million Megabucks

A retired homemaker from the Hawaiian island of Molokai wasn't even a whole day into her annual Las Vegas vacation when she won $8.9 million while playing a Megabucks slot machine late Monday morning at the Fremont hotel.

Rio Project Planned

Las Vegas’ Rio hotel-casino is expected to announce today a major construction project that will involve a joint-venture partner.

Bankrupt Castaways Approved to Borrow $10 Million

A bankruptcy court judge gave approval for the owner of the Castaways hotel-casino to borrow another $10 million to keep the money-losing property open and to fund an expansion and remodeling project.

Reno Casino Workers Want Laws Changed

News Brief: Former workers at the shuttered Sundowner hotel-casino want changes to federal laws that they say don't give employees enough protections when a business shuts down.

The Strip: Deal for Desert Passage Official

News Brief: An ownership group, collectively known as Boulevard Invest, officially acquired the Desert Passage Mall, shown here in July, from Trizec Properties on Monday for $240.5 million.

Reno Feeling California Casino Competition

News Brief: Reno casinos continue to feel the pinch of growing competition from California Indian casinos.

Inside Gaming Column: Is MGM Primed to Sell in Primm?

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

This Campaign Means Business, Convention Authority's Less Famous Ads Lure Work Events

It's been overshadowed by a younger, flashier and more-expensive sister program, but proponents of the Las Vegas Convention and Visitors Authority's pro-business advertising campaign say they too have been extremely effective in luring more visitors to Southern Nevada.

McCarran Traffic Climbs 9.4 Percent for November

A bevy of Thanksgiving travelers provided some holiday stuffing for McCarran International Airport, which enjoyed a 9.4 percent increase in passenger traffic in November.

My First Job in Vegas

Barney Vinson: I'd been in Las Vegas for less than three weeks.

Prosecutors to Seek Life Sentence for Alleged Binion Killers

News Brief: Prosecutors plan to seek a harsher penalty for Sandy Murphy and Rick Tabish if they are convicted a second time of killing casino executive Ted Binion, court documents show.

Nevada Court Questions Detention of Pro Gambler

News Brief: The Nevada Supreme Court's chief justice raised questions Thursday about the authority of a state Gaming Control Board agent to hold a professional gambler beyond the one hour permitted to police.

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