Nevada News - Page 728
Casino to Breathe Life into Downtown Reno
29 July 2001
News Brief: Barney Ng is betting that his new $70-million Siena Hotel Spa & Casino will breathe new life into downtown Reno.
Las Vegas Casino Figure Jailed for Bankruptcy Fraud27 July 2001
News Brief: Once-flamboyant penny-stock tycoon, Robert Brennan, was sentenced to more than nine years for money-laundering and bankruptcy fraud. He had been a high-rolling gambler and had tried to develop the old El Rancho site.
Station Casinos Buyback May Hike Price of Stock27 July 2001
Station Casinos‘s plan to buy back as much as 17 percent of its own stock indicates a shift in the company's investment philosophy.
Station Casino Calls North Las Vegas Project Off26 July 2001
Station Casinos Inc. announced this morning it is abandoning a controversial casino proposal in North Las Vegas.
Gaming Panel Chairman Resigning26 July 2001
Brian Sandoval is resigning as chairman of the Nevada Gaming Commission and is considering a run for state attorney general next year. Sandoval supported Nevada's interactive gaming legislation.
Venetian Room Rates Strong, Casino Unlucky26 July 2001
For the second straight quarter, the Venetian's earnings have been pushed down by below-normal hold, even while demand for its hotel rooms boomed. Hotel revenue exceeded casino revenue.
Casinos Happily Cash Tax Rebates26 July 2001
Casinos that routinely advertise paycheck cashing promotions are now gearing up to cash the rebate checks.
Legal Insurer Wants Out of Vegas Casino Design Case25 July 2001
A legal malpractice insurer is disclaiming responsibility for claims made by a law firm representing architect Domingo Cambeiro in a battle over the design of the New York-New York hotel-casino.
Nevada Casino to Close25 July 2001
MTR Gaming Group is closing its money-losing Speakeasy casino in Reno.
ACLU Says MGM Intimidated Participants in Vigil for Homeless25 July 2001
The American Civil Liberties Union of Nevada is accusing the MGM Grand of using aggressive, intimidating tactics on a group of homeless advocates holding a vigil in front of the resort.
Dispute Threatens Vegas Casino-Hotel Bailout24 July 2001
Vacation Village's plans to emerge from Chapter 11 bankruptcy protection and to become a Holiday Inn franchise are in question over a dispute over a bailout loan for the small Las Vegas strip hotel-casino.
Competition, Energy Costs Hurt Riviera Profits24 July 2001
Riviera Holdings Corp. report a Q2 loss of $70,000 or 2 cents per share, an improvement from the $553,000 or 14 cents lost in the year-ago quarter.
Vegas Casino Operators Eyeing Macau and Britain24 July 2001
Macau and Britian are eyeing drastic liberalization of their gambling regulations. That's leading Las Vegas's casino operators to see them as possible expansion opportunities.
Editor Settles Defamation Suit23 July 2001
Marlene Prendeville, U.S. West Coast editor of Casino World, a gaming publication printed in the United Kingdom, settled a defamation lawsuit she filed against TrizecHahn Development Corp.'s Desert Passage mall on the Las Vegas Strip.
Las Vegas Finds Religion20 July 2001
News Brief: Las Vegas’ biggest secret, even more than how to win at roulette, is that it's got the highest church attendance per capita in the U.S.
Longtime Las Vegas Gaming Executive Dies at 7020 July 2001
During his gaming career, which spanned from the late 1950s to the 1990s, Leo Lewis held top executive positions at the Dunes, Binion's Horseshoe, Flamingo, Tropicana, Golden Nugget, Sahara and Barbary Coast hotels.
Desert Inn Demolition Approved20 July 2001
Nearly one year after shutting down the Desert Inn, Steve Wynn has received county approval to begin the process of demolishing the 50-year-old resort to make way for his latest creation.
Bellagio Awarded $100,000 in Cybersquatting Case20 July 2001
A federal judge has awarded more than $100,000 in damages to the Bellagio resort and ordered a California company to stop using its name.
Bad Hold, Tough Competition Plague Rio19 July 2001
For six of the last seven quarters the Rio's tables haven't won nearly as much from gamblers as company officials and investors expected.
Vegas Companies Battle for Illinois Casino19 July 2001
News Brief: Two huge Las Vegas casino companies soon will make lucrative offers to buy out Emerald Casino and take over the company's embattled Rosemont, Illinois, casino site, which is near Chicago.
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