Nevada News - Page 739

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Excalibur Fined For Poor Treatment of Workers

6 April 2001

The Las Vegas Strip's Excalibur hotel-casino will pay more than $50,000 in civil penalties and backpay to 22 of its hotel and casino workers to settle charges of workplace discrimination.

Venetian Hit By Bad Luck

5 April 2001

The parent company of the Las Vegas Strip's Venetian megaresort is warning it will likely need to rely on credit from owner Sheldon Adelson to keep from falling out of compliance with its credit agreements.

Beauty Salon Loses to Caesars in Trademark Infringement Dispute

5 April 2001

Park Place Entertainment Corp.'s Caesars World Inc. won a court order to stop a Las Vegas beauty salon from operating as "Scissors Palace."

Aladdin Debt Downgraded

5 April 2001

Moody's Investors Service downgraded all of Aladdin Gaming Holding's credit ratings Wednesday, a move that affected $620 million in debt.

Las Vegas Hospitality Executives Recognize Privacy Concerns

5 April 2001

Hospitality executives and analysts see mobile phones, the Internet and other techno-gadgets as a way to better track their customers' habits in order to better serve them but, they also agree that too much data-collecting of the customer could appear intrusive.

Stratosphere Bondholders Lose Lawsuit Against Lakes Gaming Inc.

5 April 2001

Less than a year after coughing up $18 million to settle lawsuits brought by former Stratosphere shareholders, Lakes Gaming Inc. has triumphed in a lawsuit brought against it by former Stratosphere bondholders.

GCR Gaming and Station Casino Pump Extra $20 Proposed Casino Resort

5 April 2001

The estimated cost of Station Casino’s upscale Green Valley Ranch Station Casino has escalated to $300 million.

Casino, Lounge Claim Vacant Lot Hurts Business

5 April 2001

The Aladdin hotel-casino and Blue Note Las Vegas lounge say that the empty lot next door to them is deterring many customers from entering their establishments.

Italian Mogul Soon to be Coronated 'King of Las Vegas'

5 April 2001

Fabrizio Boccardi, with his ``Genesis'' gaming concept, intends to create a new trend recognition in Las Vegas and throughout the world, to new levels of gambling on a casino floor.

Stratosphere's Profit Rises as Company Plans to Add 1,000 Hotel Rooms

4 April 2001

The company said it expects to complete its new 1,000-room hotel tower and 350-seat coffee shop, a $60 million project, in late June.

Big Las Vegas Casino Operators Detail Plans for Spending

4 April 2001

Park Place is earmarking funds toward the construction of a fifth hotel tower at Caesars Palace, one month after receiving approval from Clark County.

Threat of Asian Gangs Growing in Las Vegas

3 April 2001

Asian organized crime may not have reached the level the Italian mob once had in Las Vegas, but there have been two recent busts that prove this area is not immune to a growing international problem.

Aladdin Investors Dig Deeper to Finance Losses

3 April 2001

Aladdin’s parent company reported that the megaresort failed to produce enough cash flow to service its debt in its first full quarter of operations.

Beanie Baby Maker Settles Suit Against Casinos

3 April 2001

Ty Inc. which accused Aztar Corp. of illegally promoting Ty's "Beanie Baby" toys in exchange for slot play at Aztar's Tropicana hotel-casinos, has reached a settlement with the hotel-casino operator.

Full House Resorts Buys Interest in Indian Casino Contracts

3 April 2001

Full House Resorts Inc. of Las Vegas announced it bought out GTECH Corp.'s 50 percent interest in three Indian casino management companies for $1.8 million.

Study: California Indian Casinos Will Affect Nevada's Casino Industry

3 April 2001

News Brief: A new study says Indian casinos in California could cost Nevada millions of dollars in tax revenue and thousands of jobs.

Reservations Contract Signed

2 April 2001

Phoenix-based Utell said it has signed a three-year contract to provide hotel reservations services to Park Place Entertainment.

Report will Illuminate Situation at Aladdin

2 April 2001

Fresh light into the struggles of the $1.2 billion Aladdin hotel-casino will be provided today, when the resort's holding company issues its annual report.

Vegas Lights Undimmed, on the Outside

2 April 2001

News Brief: Despite soaring prices for electricity, the big hotel-casinos don't plan to reduce their dazzling wattage outside: but they are cutting energy use indoors.

Measure Proposed to Strengthen Nevada Neighborhood Casino Law

30 March 2001

News Brief: A Las Vegas lawmaker advises that stricter limits are needed on proposed casino projects in Nevada's residential areas to preserve the integrity of neighborhoods.

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