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Nevada News - Page 746

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Gaming Companies Face Downgrades

Moody's Investors Service placed three more Las Vegas gaming companies on watch for a possible downgrade in credit ratings.

Casino Industry Eyes New Slot Machines

Slot machine sales are big business, with manufacturers using the Global Gaming Expo to preview products they'll roll out over the coming year.

Gaming Board Recommends Approval for Diamond Slot Developer

The Nevada Gaming Control Board recommended approval for a permanent license for a company that has developed a slot machine that gives diamonds as payouts.

Park Place Interested in Bankrupt Aladdin

Park Place Entertainment is interested in examining opportunities to take an ownership position in the bankrupt Aladdin hotel-casino, but has not committed to making a run at the $1.2 billion property.

Studio CEO: Imagination Key To Gaming

Alex Yemenidjian, CEO of Metro-Goldwyn-Mayer and former president of MGM Mirage, pointed out the similarities between the casino and movie industries his keynote address at the Global Gaming Expo in Las Vegas.

Vegas Convention Business Picking Up

Las Vegas' tourism and convention business is rebounding from the terrorist attacks but slower than its rivals that are less dependent on the airline industry.

Las Vegas Works to Win Back Tourists

Las Vegas visitors bureau fires up new ad campaign in an attempt to bounce back from a downturn in the economy brought about by the Sept. 11 terrorist attacks.

Mirage Wins Rulings

The Nevada Supreme Court handed twin victories to the Mirage hotel-casino in Las Vegas, one in a judgment against the resort and the other allowing it to stop distribution of pornographic literature on its sidewalks.

Greyhound Bus Shutdown of Little Consequence to Casinos

Today's shutdown of Greyhound Lines is expected to have little impact on the already struggling Las Vegas casino market, observers and casino officials said

Aladdin is Sued by Fired Exec

The Aladdin's ousted chief executive has hauled the bankrupt Strip casino into court, accusing it of wrongfully firing him 12 days ago.

Some Casinos Cold to Culinary Plan

The Culinary Union offer comes with a key condition. The hotel-casinos must specify how many workers they will bring back if the workweek reductions are implemented.

AGA Honors Reid, Anka

Sen. Harry Reid, D-Nev., and entertainer Paul Anka have been honored by the American Gaming Association in an inaugural awards ceremony recognizing ``America's Gaming Greats."

Las Vegas Execs Eye Local Economy

Gamming executives agreed Tuesday that numbers are looking better than they did in the days immediately following the Sept. 11 terrorist attacks.

Crowds Return to Las Vegas Strip

McCarran International Airport was jammed with four-hour lines and the city's hotel rooms were being filled at near-normal rates over the weekend as Las Vegas continued bouncing back.

Lawyer Named Nevada Gaming Chairman

News Brief: Ending a longtime north-south balance on the Nevada Gaming Commission, Gov. Kenny Guinn on Monday named Las Vegas lawyer Peter Bernhard as chairman of the powerful panel.

Short-Term Problems Confronting Casinos

Analysts say that the long-range forecast for the gaming industry remains bright, but casino companies are going to have to weather several sub-par quarters before they return to the income levels they were experiencing before the Sept. 11 terrorist attacks.

Casino Security Remains Visible

News Brief: Las Vegas casinos are taking extra measures to ensure their customers feel safe after the Sept. 11 terrorist attacks.

Aladdin Employees Optimistic About Move

Some Aladdin employees say they were relieved when they heard about the company’s Chapter 11 filing.

Economist: Las Vegas Unemployment Could Hit 8.7 Percent

The drastic decline in worldwide travel in the aftermath of the Sept. 11 terrorist attacks could leave one of every 12 Southern Nevadans unemployed by the middle of next year

Las Vegas Weekend Up Slightly; Expected to Fall Off Again

The Las Vegas tourism market continued a slow but measurable rebound over the weekend.

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