Nevada News - Page 715
Profits Plunge at Station Casinos
7 November 2001
Third-quarter profits fell 71 percent for locals casino giant Station Casinos in the aftermath of the Sept. 11 terrorist attacks and the December sale of the company's two Missouri casinos.
Nightclub Venture at Aladdin Still Up in the Air7 November 2001
A bankruptcy judge has yet to decide whether a massive new nightclub and a show featuring actress Carmen Electra will make their home at the bankrupt Aladdin hotel-casino on the Las Vegas Strip.
Second Firm Offering Slot-ATM Combo7 November 2001
The system is called `QuikPlay,' and it's being developed by Global Cash Access of Las Vegas.
Station Eyes Expansion of Boulder Station6 November 2001
Station Casinos Inc. is taking the first steps toward an expansion of Boulder Station.
Las Vegas Casino Owner in Litigation over Coast Name6 November 2001
Coast Resorts is fighting the Vancouver, British Columbia-based Coast Hotels chain over which company has rights to use the Coast trademark.
Venetian Sues Restaurant over Expansion Plans5 November 2001
The Venetian megaresort on the Las Vegas Strip sued Clark County and the Rosewood Grille restaurant, in hopes of blocking Rosewood's planned expansion.
Debbie Reynolds' Son Sues IRS in Casino Tax Dispute5 November 2001
Todd Fisher, the son of actress Debbie Reynolds, sued the Internal Revenue Service in a dispute over taxes levied against the former Debbie Reynolds hotel-casino in Las Vegas.
Casino Hotel Rates Continue Downward Trend2 November 2001
Room rates at Las Vegas Strip hotel-casinos remain sharply below last year's levels going into Thanksgiving week, according to a weekly survey released by Bear Stearns.
Horseshoe Club Owner Sued by Siblings2 November 2001
The children of Las Vegas gambling legend Benny Binion are feuding over the fate of a Las Vegas house they inherited from their mother, Teddy Jane Binion.
Plunge in Asian Tourists Hits Businesses Hard2 November 2001
Retailers catering to Asian visitors are taking the biggest hit from the tourism downturn.
Las Vegas Slowdown Detected Before Sept. 112 November 2001
The magnitude of the business slowdown caused by the Sept. 11 attacks varies dramatically within the Las Vegas convention and tourism industry since many were expecting a slowdown in economy anyways.
Mall Tenants: Desert Passage Fell Short of Expectations2 November 2001
Not all of Desert Passage's tenants are happy. The massive mall has been busy with lawsuits over disputes with four former tenants, seven current tenants and one prospective tenant and many others are disappointed with lack of customers and sales.
Aladdin, Club in Dispute Over Showroom1 November 2001
The bankrupt Aladdin ino has filed a request with a bankruptcy judge to reject a lease held by Showclubs of America, the company that had hoped to open a combination nightclub and 1,200-seat showroom at the Aladdin early next year.
Aladdin Deal on Hold31 October 2001
A federal bankruptcy judge postponed until Tuesday consideration of a $50 million loan to the Aladdin.
Casino Self-Exclusion Programs Grow, Called a 'Work in Progress'31 October 2001
Those who join the programs get removed from the casino's direct-marketing mailing lists, no longer receive casino credit and can't cash checks at the casino. In some states, they aren't allowed to even enter the casino.
Nevada Cash Flow Plunges for Park Place31 October 2001
While business is recovering, Park Place warned investors to expect more of the same in the next quarter.
MGM Mirage Says Asian High Rollers Fear U.S. Travel31 October 2001
The company says business has improved since the aftermath of the Sept. 11 attacks, but it doesn’t expect the big international players to return until next year.
Harrah's Rio Teams Up with Maxim Magazine30 October 2001
Harrah's Entertainment is in a deal with the popular men's magazine Maxim aimed at drawing the young hip crowd to its off-Strip Rio hotel-casino.
Program Helps Laid-Off Workers Retrain for New Jobs30 October 2001
Foundation for an Independent Tomorrow, a privately funded nonprofit organization, is helping laid-off casino and hotel workers retrain for new jobs.
Stratosphere Hotel Threatens To Derail Monorail30 October 2001
Stratosphere executives pushing for approval of a giant thrill ride could sideline a downtown monorail plan that has been the focus of efforts by city and state officials for years.
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