Gaming

Cosmopolitan owner expects to recover investment in resort

Visitors enter the Cosmopolitan of Las Vegas for the first time as the doors to the new property on the Strip opened to the public Wednesday, Dec. 15, 2010.

The Cosmopolitan is on track to be profitable, its owner suggested Wednesday. Unlike some competitors that have had to write down the value of their resorts, the Cosmopolitan said it doesn't expect doing this.

30 March 2011
By Steve Green

Station Casinos accuses Henderson of 'cover up,' meeting law violations

Station Casinos and the city of Henderson are headed toward a court showdown over charges by Station that City Council members violated state law in meeting secretly to decide an issue about a potential competitor.

30 March 2011
By Steve Green

Financial adviser wants cut from Morton's N9NE group deal

Restaurant and club operator the Nine Group at the Palms casino-resort in Las Vegas can't seem to stay out of court.

30 March 2011
By Steve Green

Students urge lawmakers to clear way for state lottery

Three high school students in Las Vegas on Tuesday urged a Senate committee to approve a constitutional amendment that would open the door for a state lottery to help finance education.

29 March 2011
By Cy Ryan

Gas prices, decline in consumer confidence rattle Las Vegas

Officials in Las Vegas worry a decline in consumer confidence nationwide, combined with higher gas prices, could hurt tourism to the city. The Conference Board Consumer Confidence Index on Tuesday stood at its lowest level in three months.

Consumer confidence has been shaken as gas prices have topped $4 a gallon in some locations, raising concerns about the near-term recovery of the U.S. jobs market and the Las Vegas economy, according to figures released today by The Conference Board.

29 March 2011
By Dave Berns

Las Vegas Sands plans May opening for Pennsylvania hotel

Las Vegas Sands opened its newest casino in Bethlehem, Pa., in 2009. The $743 million casino's architecture pays homage to the steel mill.

Las Vegas Sands will open a hotel at its Pennsylvania casino in May. The Sands Hotel at the Sands Casino Resort in Bethlehem, Pa., will be a 300-room, luxury hotel and the largest in Pennsylvania's Lehigh Valley area, the company announced this week.

29 March 2011
By Amanda Finnegan

Is Dotty’s a tavern? Amid battle, big casinos say no

Cindy Clark plays a slot machine at Dotty's near Eastern and Serene in Henderson on Thursday, March 24, 2011.

To call Dotty’s a bar probably would offend the quiet, mostly female crowd that has gathered this particular evening for video poker and electronic keno. The Dotty’s on Serene Avenue is the newest storefront in a gambling chain with a grandmotherly name that has spread rapidly despite the Great Recession.

29 March 2011
By Liz Benston

Las Vegas Hilton, Riviera post quarterly losses

The recession and the over-supply of hotel rooms in Las Vegas continued to punish the Las Vegas Hilton and the nearby Riviera Las Vegas hotel-casinos during the fourth quarter.

25 March 2011
By Steve Green

Wynn announces partnership to expand Internet gambling

Wynn Resorts announced a partnership with PokerStars, a company that operates online poker games, saying the two companies would work toward the passage of federal legislation to regulate gambling on the Internet.

24 March 2011
By Las Vegas Sun Staff

Regulators OK ties between Caesars, Internet gaming company

The Nevada Gaming Commission approved the suitability of a relationship between Caesars Entertainment with subsidiaries of an Israel-based Internet gaming company.

24 March 2011
By Richard N. Velotta

Lawmakers weigh bill to bring online poker to Nevada

CARSON CITY – Opening the door for online poker in Nevada could bring jobs and money to the state at a time when the economy is hurting, supporters said today.

24 March 2011
By Cy Ryan

Gaughan Gaming sues Oklahoma tribe over casino control

A Las Vegas gaming management company sued the Tonkawa Tribe of Oklahoma on Tuesday, alleging tribal officials violated management agreements with the company when they took over control of two tribal casinos.

23 March 2011
TIM TALLEY, Associated Press

Caesars Palace dealers resoundingly reject Wynn-style tips policy

Dealers at Caesars Palace this month voted down a labor contract that would have shared 15 percent of their tip pool with other Caesars employees.

23 March 2011
By Liz Benston

Stratosphere owner reports loss in fourth quarter

American Casino & Entertainment Properties LLC today reported a fourth quarter loss as revenue declined at its Las Vegas properties. The average daily rate at the 2,427-room Stratosphere of $44.12 was down from $46.22.

21 March 2011
By Steve Green

Approval of online gaming collaboration might make history

Is history about to be made on Internet gambling in Nevada?

21 March 2011
By Richard N. Velotta
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