Nevada News - Page 734
Mikohn Disputes Claims by Disgruntled Shareholders
18 May 2001
A group of Mikohn investors says the company shouldn't be narrowing the focus of its operations and trimming expenses to become profitable.
Casinos Win Court Case against Porn Handbills18 May 2001
Casinos along the Las Vegas Strip have won a preliminary battle in the Nevada Supreme Court to stop the distribution of pornographic handbills on the private sidewalks in front of their properties.
Nevada Regulators Changing Method of Tracking Slot Win18 May 2001
The new regulation will focus on using automatic meters to verify gaming win.
Elsinore Report Profit Decline for Q1 200117 May 2001
Elsinore Corp., owner and operator of Las Vegas' Four Queens hotel-casino, reported net income of $522,000, or 10 cents per share, for Q1 2001.
Expert: Aladdin Needs $100 Million Overhaul17 May 2001
Jason Kroll, gaming analyst at Bear Stearns, says that at least $100 million is needed to get the Aladdin to maximize its potential.
Profit Declines at Stratosphere Hotel-Casino17 May 2001
The company reported net income of $1.4 million, 68 cents a share, on revenues of $33.3 million for Q1 2001, compared with net income of $1.6 million, 80 cents a share, on revenues of $34 million for Q2 2001.
Brugnara Drops Threat to Sue For Gaming License16 May 2001
San Francisco businessman Luke Brugnara, who failed to obtain a gaming license for the Silver City, is backing away from earlier threats to sue the Nevada Gaming Commission.
Energy Problems, Indian Threats to Las Vegas Casinos Downplayed16 May 2001
Two prominent gaming analysts are downplaying the possible impact soaring energy costs and the proliferation of Indian gaming in California will have on Nevada casino companies this year.
Nevada Lawmakers Push for Statewide Lottery Vote16 May 2001
Although Nevada is known worldwide for its gambling, residents have no in-state access to a lottery.
Big Quarterly Loss Pushes Aladdin Closer to the Edge16 May 2001
The $1.2 billion megaresort on the Las Vegas Strip now needs an $8.7 million cash infusion within two weeks in order to pay its bills.
Lawmakers Adding Amendments to Net Gambling Bill16 May 2001
The bill, which enables regulators to establish secure and legal interactive gaming, was sent to a work session with representatives of casinos, slot manufacturers and even lawmakers requesting changes.
Limits On Residential Casinos Opposed15 May 2001
A bill to make it tougher to build casinos near residential neighborhoods in Las Vegas has run into tough opposition.
Nevada Assembly Panel Approves Bill Authorizing Private Gambling Salons15 May 2001
The Assembly Judiciary Committee on Monday unanimously approved a bill allowing big Las Vegas casinos to set up private gambling rooms to attract international ultra-high-rollers.
Downtown Vegas Casinos Try Energy-Saving Measures15 May 2001
A number of downtown Las Vegas casinos, in response to the soaring costs of electricity, have launched an energy conservation campaign.
The Venetian's Art Called both Education, Entertainment14 May 2001
The Guggenheim Museum and the Venetian resort are betting that Las Vegas and its millions of visitors are ready for the cultural experience that a major art gallery delivers.
Venetian Hotel-Casino to Host Bingo Championship14 May 2001
A Canadian firm plans to hold a "World Championship of Bingo" in November at the Venetian.
Gallagher Promotes Caesars' Expansion14 May 2001
In his first shareholders meeting as chief executive of Park Place, Tom Gallagher pitched an ambitious, $500 million-plus expansion of Caesars Palace at his company's stockholders.
Court Denies Venetian's Request to Suspend Sanctions in Lien Dispute11 May 2001
The Nevada Supreme Court has denied the petition of the Venetian Resort on the Las Vegas Strip and its Georgia law firm to suspend sanctions imposed during court hearings over mechanics liens against the hotel-casino.
Las Vegas Casinos Gamble on Art10 May 2001
News Brief: Las Vegas resorts are betting that Picasso and Renoir can compete with fighting pirates, dancing water fountains and exploding volcanoes and video poker.
New North Las Vegas Casino Passes Hurdle10 May 2001
The North Las Vegas Planning Commission on Wednesday unanimously approved an application of a final development plan for a hotel-casino submitted by Millenium Gaming and the Mendenhall Family Trust.
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