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Station Casino gets City Council OK for Development

News Brief: Station Casinos will build a hotel-casino and movie theater next to a golf course after a unanimous vote late Wednesday by the North Las Vegas City Council.

Microsoft and Alliance Gaming Agreement Announced

Alliance Gaming Corp. said Tuesday it entered into an alliance with Microsoft Corp. to develop a new software platform for slot machines.

Woes Hurt Harrah's Profit

As expected, Harrah's Entertainment Inc. of Las Vegas today reported a heavy loss for Q4 2000, as harsh weather, low hold and the bankruptcies of National Airlines and Harrah's New Orleans took their toll.

Ex- Park Place Executive Leading Casino Development Effort

Paul Pusateri, one of the key men in the development of the Paris Las Vegas hotel-casino, has joined Florida-based Turnberry Associates in its efforts to develop a London-themed resort on the north end of the Las Vegas Strip.

MGM Mirage Casino Stock Sold

News Brief: Kirk Kerkorian, the controlling shareholder of Las Vegas-based casino giant MGM MIRAGE, sold 1.89 million shares of MGM MIRAGE stock Tuesday afternoon.

Council to Consider North Las Vegas Casino

After months of very public and sometimes heated debate, an application for a casino on the Craig Ranch Golf Course is in the hands of the North Las Vegas City Council.

Venetian Reverses Loss Record

The Venetian's strong business trends continued in the closing months of 2000, as the resort reversed the losses posted one year ago.

Desert Inn Development Plans to be Announced Soon

Steve Wynn said he's just months away from revealing final plans for his newest resort casino on the Las Vegas Strip.

Judge Holds Secret Hearing for Casino Robbery Case

District Judge, without notifying the public, held an unusual hearing at the Clark County Detention Center last month in the high-profile case of a dangerous suspect in a string of Strip casino robberies.

Atlanta Lender Sued over LV Casino Loan Fee

Flamingo sued Choice International Corp., alleging the lender repeatedly refused to return what Flamingo called a `refundable commitment fee’

Nevada Casino Sued Over Molestation of Girl

The family of an 8-year-old is seeking more than $5 million in punitive damages from Si Redd's Oasis hotel-casino in Mesquite.

$1 billion in Expansions Planned for Venetian

Some people may worry about the strength of the Las Vegas market, but not Sheldon Adelson, owner of the Venetian.

Analysts: Las Vegas Megaresorts Struggle in Search for Partners

News Brief: A number of recently proposed Las Vegas megaresorts will likely face a tough challenge in getting partners with casino operating experience, as major Las Vegas gambling companies have shifted their growth focus to Atlantic City, analysts say.

Rants and Raves

California Indian Gambling Impact on Nevada Gaming

News Brief: A Nevada Gaming Control Board analysis shows Indian gambling in California is likely to flatten casino revenue growth in several Nevada areas, including Reno and downtown Las Vegas.

Station and MGM Mirage Issued Negative Credit Reports

Standard & Poor's issued negative credit reports on Station Casinos Inc. and MGM MIRAGE, citing concerns over potentially heavy debt loads incurred by the two Las Vegas companies' recent acquisition sprees.

Regent Denies Former Exec's Charges

The Regent Las Vegas denied charges raised by its former chief operating officer in a lawsuit that a locals-oriented marketing plan helped drive the resort into bankruptcy.

Asian-themed Property Proposed for Strip

News Brief: Plans for the $104 million Dynasty Forbidden City hotel-casino include a four-story hotel tower with a U-shaped parking garage wrapped around it in a design reminiscent of the Great Wall of China.

Casino Dealers Lose Ruling on Tobacco Smoke

News Brief: The Nevada Supreme Court rejected casino dealers' demands for a medical monitoring program to be paid by tobacco companies to detect the onset of tobacco-related illnesses as a result of their exposure to secondhand tobacco smoke at work.

Tropicana Results Lift Aztar Earnings

Aztar Corp. of Phoenix today reported a 20 percent increase in earnings per share, as its Tropicana hotel-casino on the Las Vegas Strip posted much improved results for the quarter ending Dec. 28. 2000.

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