Nevada News - Page 732

MGM Mirage reported a big decline in earnings for the last quarter of 2001 but still came in well ahead of analysts’ expectations. The company’s rebound reflects the Las Vegas gaming industry’s bounce back from Sept. 11.

The company wants to replace the business it would have had at the MGM Grand if the Tyson fight had occurred April 6. A source said it’s working on a McCartney date for that night, along with a high-end baccarat tournament for that weekend.

Holiday travel failed to significantly boost slumping traffic at McCarran International Airport as December passenger counts were down for the fourth straight month.

Harrah's is asking Clark County officials to approve zoning for a hotel-casino project directly north of its Rio resort on Flamingo Road, near the Las Vegas Strip.

Binion's Horseshoe hotel-casino plans to appeal an order to provide $1.9 million of its assets by Feb. 11 as security for membership fees allegedly owed to the Fremont Street Experience.

Investors who had sold Station short suffered from huge losses as company’s stock rose.

The developer of the Desert Passage blames faltering tourism in the wake of Sept. 11 and the Chapter 11 bankruptcy filing of the $1.2 billion Aladdin for the decline in the mall's value.

A Nevada judge today granted a request to have more than $1.9 million in Binion's Horseshoe's assets seized as security for alleged unpaid membership fees owed to the downtown Las Vegas promotion district.

Singapore Airlines, giving a boost to the Las Vegas hotel-casino industry, is planning the first nonstop flights between Hong Kong and Las Vegas beginning in August.

News Brief: To tourists, Las Vegas is a glamorous getaway. The glittering city of dreams also attracts the desperate, people who couldn't make it anywhere else and come here as a last resort.

Twelve managers and coordinators of the World Series of Poker are suing Binion's Horseshoe Club casino and its owner, alleging they failed to equitably distribute $540,000 in tips to tournament personnel and allegedly used the money to pay bonuses to casino employees.

Harrah's Entertainment President and Chief Operating Officer Gary Loveman has apparently toned down his criticism of the state's regulatory hold over casino executives.

For the first time in more than 70 years, Nevada's casinos will soon be able to offer gambling to elite high-rollers in rooms completely inaccessible to the public.

According to MGM Mirage’s president, consumer confidence in Las Vegas is rebounding strongly after falling after Sept. 11.

The Nevada Gaming Commission could vote today on a plan to create private gambling areas for thousands of bettors.

A weekly review of Las Vegas news bits including: Venetian security boss deals with potential threats; a blacklisted Reverend; trivia and quotes.

Harrah's sys the U.S. District Court in Nevada issued an injunction prohibiting Stratosphere Corp. and others from infringing on one of Harrah’s marketing patents.

Park Place Entertainment has eliminated its corporate hotel group sales department. The move resulted in the elimination of six positions, four of them executive-level.

Casino operators aren’t seeing the increases in reservations they were hoping for from the Olympics.

The Martin Luther King holiday is a three-day weekend for much of the country, but for Las Vegas convention officials, it’s not big enough to merit projections of visitor counts.