Nevada News - Page 718
Aladdin Beating Expectations
16 October 2001
The Aladdin hotel-casino is running ahead of financial expectations in the early days of its bankruptcy, attorneys for the Strip resort told the court.
MGM Grand Sues New York Firm over Cancelled Convention16 October 2001
The MGM Grand hotel-casino sued a New York firm in a dispute over whether the terrorist attacks were the real reason that the company canceled a Las Vegas convention.
Stardust Hit Hard By Slowdown16 October 2001
Boyd's Stardust hotel-casino posted cash flow of $722,000 for the quarter ending Sept. 30, down 76 percent from the year-ago period.
Club, Spa Attempt to Force Aladdin's Hand15 October 2001
The builders of two major projects at the bankrupt Aladdin hotel-casino don't want to proceed with construction unless the Aladdin commits to maintaining their leases.
Las Vegas Gambling Business Continues Recovery15 October 2001
Fears of more terrorist strikes and mailings of anthrax did not take the wind out of Las Vegas' continuing recovery. Occupancy was strong this weekend.
Some Las Vegas Casino Workers Return14 October 2001
One-fourth of the 15,000 local casino industry workers who lost their jobs in recent weeks have returned to part-time status at the Las Vegas megaresorts of MGM Mirage, Mandalay Resort Group and Park Place Entertainment, executives said.
Hotels Say No Early Fallout from Anthrax Scare13 October 2001
Tourists continued to stay at Reno and Las Vegas hotels Saturday despite the news that a letter sent to a Microsoft office in Reno tested positive for anthrax.
Flamingo Reno Buyer Had License Problem12 October 2001
News Brief: The principal owner of the company trying to buy the Flamingo Reno hotel-casino had trouble four years ago with state gambling regulators, who refused to renew his license.
Hotel Visitor Volume Was Up Before Terrorist Strikes12 October 2001
Las Vegas hotels had experienced a good month for visitor volume prior to the terrorist attacks, said the Las Vegas Convention and Visitors Authority.
Survey: Weekend Room Rates On Rise12 October 2001
Midweek hotel performance remains stagnant at the city's megaresorts while weekend hotel prices continue to rebound from the effects of the Sept. 11 terrorist attacks.
IRS Alters Tip Tax11 October 2001
Tens of thousands of tip earners at Nevada casinos will see their federal income tax withholding rates cut in half, officials said.
Nevada Gamblers Losing More to Nickel Slot Machines11 October 2001
While the win from tables decreased, slot machine revenue rose 4.3 percent or $22.8 million in Nevada casinos during August.
Henderson Casino Plan Changed11 October 2001
The owners of the Castaways hotel-casino have backed away from their plans to build a Polynesian-themed resort in Henderson, Nevada, following a wave of opposition spearheaded by Station Casinos Inc.
MGM Mirage Lobbying for Workers' Benefits11 October 2001
MGM Mirage said Tuesday it plans to join the Culinary Union in a federal lobbying campaign intended to secure more benefits for laid-off Las Vegas casino workers.
Poll: Economy Big Cause of Tourism Slowdown for Vegas11 October 2001
Terrorism fears don't appear to be the major factor in those canceling trips to Las Vegas. Instead, a study found more Americans are more concerned about an older issue, a sagging economy, than they are about fresh terrorist strikes.
Researcher Says Vegas' Mob Past Has Been Overblown10 October 2001
Researcher David G. Schwartz believes the images of Vegas in the grip of "cartoonish pin-striped gangsters mucking around" isn't a very accurate view of Las Vegas, either past or present.
Union Job Plan Languishes10 October 2001
Las Vegas casino operators have not responded to a Culinary Local 226 plan that would see casino workers reduce their schedules by 20 percent to create part-time jobs for recently laid-off union members.
Casino Bosses, Nevada Governor Criticized9 October 2001
Several top tourism industry figures are privately criticizing what they say is a leadership vacuum that has plagued the casino industry and state government in the weeks since the Sept. 11 terrorist attacks.
Riviera Closes Poker Room9 October 2001
The Riviera's poker room was permanently closed last week, with property executives citing the room's poor financial performance and fallout from the Sept. 11 suicide hijackings.
Consultant: Women in Gaming Have to be Aggressive9 October 2001
Is there a glass ceiling for women in the casino industry? Yes, according to the head of a casino consulting firm who was a panelist at last week's Global Gaming Expo in Las Vegas.
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