Nevada News - Page 749

News Brief: They're back. Not all of them, but tourists are once again stuffing quarters into slot machines and checking into Las Vegas hotels.

The Las Vegas gaming industry faces tough challenges, but two new projects continue on course: the Maloof family's Palms and Station Casinos' Green Valley Ranch.

News Brief: The Nevada Supreme Court has denied a request by casino executive Steve Wynn to reconsider its earlier ruling throwing out a $3.2 million libel judgment in his favor.

An Atlantic City casino industry boss considers chartering a flight to Las Vegas. The idea reflects the fear that many Americans have of flying with people they don't know, and illustrates the challenge Las Vegas faces.

Richard Goeglein, who has been in charge since the old Aladdin was imploded in 1998, left his post Friday, with the company not saying whether he quit or was fired. It told the SEC that Chapter 11 protection may be necessary.

Due to the sharp decline in travel to Las Vegas after the Sept. 11 terrorist attacks, construction has been stopped on the 1.8 million-square-foot convention center adjacent to Mandalay Bay. No date was set for resuming the work.

Las Vegas Mayor Oscar Goodman has made an impassioned plea to local casino owners to delay laying off employees even as tourism visits continue to plummet after last week's terrorist attacks.

A severe dip in Las Vegas tourism and apparent infighting among the owners of the troubled Aladdin megaresort prompted the Aladdin to say for the first time that it may have to close.

Two casino projects got Clark County approvals Wednesday and developers said that fears of an economic turndown affecting the region probably won't slow construction.

Nevada resorts should not cut their prices to draw more visitors during this economic downturn, a casino official says.

The Las Vegas Strip is no longer seen as recession-proof, after an unprecedented round of layoffs Wednesday.

Las Vegas casinos are eliminating jobs or considering possible job cuts because of a dramatic decline in travel following last week's terrorist attacks in the Northeast.

The IRS has agreed to withhold a smaller percentage of casino worker tips so long as hotel occupancy rates remain below 80 percent because of last week's terrorist attacks.

Desert Inn owner Steve Wynn said Wednesday he will move ahead with plans to implode a 14-story tower and redevelop the 220-acre north Strip site despite the uncertainties plaguing the U.S. economy.

Binion's Horseshoe Club, which was ordered by a federal judge in 1998 to comply with the Americans with Disabilities Act, has agreed to complete modifications to the downtown Las Vegas hotel-casino by next July.

A prominent operator of upscale hotels has emerged as one of the bidders for the bankrupt Regent Las Vegas hotel-casino.

Park Place Entertainment has begun laying off employees at two of its Las Vegas hotel-casinos, as the Strip's casino industry waits for a return to normalcy after last week's terrorist attacks on the East Coast.

Price tags for Las Vegas hotel rooms have fallen as much as 60 percent in the aftermath of last week's terrorist attacks on New York and Washington, D.C.

The operator of Strip landmarks like Mandalay Bay, Luxor and Circus Circus attributed the layoffs to the economic effects of last week’s terrorism. No information was given on the number of jobs cut.

Despite the disruption being experienced by the Las Vegas tourism industry, interest remains strong in the bankrupt Regent and Vacation Village hotel-casinos.