Nevada News - Page 769

Burdened by a heavy debt load, the $1.2 billion Aladdin resort on the Las Vegas Strip needs additional cash as it makes its way through a tough start-up period.

The owner and operator of the Lady Luck hotel-casino in downtown Las Vegas today reported a significant loss for the third quarter, as weather and one-time charges took their toll on earnings.

The National Labor Relations Board has denied an appeal by the Culinary Union alleging it had a contract at the Santa Fe hotel-casino.

The trustee for bankrupt Spintek Gaming Technologies Inc. of Las Vegas has agreed to sell the bankruptcy estate's gaming assets to its largest creditor for more than $1 million.

While Nevada casinos are raking in more money, their profits have fallen to their lowest level in at least 16 years.

A group of cocktail waitresses told a Senate committee Tuesday that the high-heeled shoes required by many casinos have caused foot deformities.

MGM Mirage is the most-admired casino operator in Fortune magazine's annual rankings, displacing last year's leader Harrah's Entertainment Inc.

American Vantage Cos. of Las Vegas said it sold its majority interest in a New York-based Internet job recruiting service.

The Beluga Bar at the Caspian Sea, one of the high-profile retailers at the Desert Passage mall at the Aladdin resort on the Las Vegas Strip, has filed for Chapter 11 bankruptcy protection.

The Transport Workers Union has won two elections and lost five in its drive to organize Las Vegas dealers.

Virgin Atlantic Airlines will add a third nonstop flight between London and Las Vegas next summer.

A state judge has awarded two subcontractors $7.5 million to pay for work performed on the construction of the Venetian resort on the Las Vegas Strip.

A settlement ending the legal dispute between the Venetian hotel-casino and LVCVA will be considered Tuesday.

Strip up 9% in December.

Bally’s hotel-casino sues e-commerce company over alleged breached contract.

News Brief: The year 2000 gave investors in gaming stocks major heartburn as companies reported gambling revenue dipping for the first time in two years.

News Brief: Gambling profits seem to be declining, so the city has branched out by expanding its convention facilities; it seems to be working, but a recession would be bad news.

Why should the Rio showroom, recently vacated by David Cassidy and Sheena Easton, be without a tenant in a town filled with talent?

Prosecutors and defense lawyers in a security-heightened Bellagio casino robbery case agree that the public needs to be allowed into an upcoming hearing.

William Barron Hilton, who has been associated with Nevada gaming since the 1970s, has been recommended by the state Gaming Control Board to be a director and shareholder in Las Vegas-based Park Place.