Gaming - VEGAS INC

Former Las Vegas bingo, keno operator in bankruptcy

The Las Vegas company that used to operate the statewide "Nevada Numbers'' keno game at casinos filed for Chapter 7 bankruptcy liquidation Thursday.

10 March 2011

By Steve Green

Report: Rising gas prices will bring weaker results to gaming industry

Higher fuel costs will likely take a toll on the U.S. gaming industry as Americans scale back on discretionary spending to fill their gas tanks, according to a new report.

10 March 2011

By Amanda Finnegan

Station Casinos reaches agreement to buy Green Valley Ranch

Green Valley Ranch hotel-casino in Henderson will remain part of the Station Casinos' Las Vegas locals gaming empire under plans announced today.

10 March 2011

By Steve Green

Strip gaming win falls 2.4 percent in January

CARSON CITY – For the third straight month, gaming win at the 42 casinos on the Las Vegas Strip fell in January, registering a 2.4 percent decline compared to a year ago.

10 March 2011

By Cy Ryan

Board OKs Caesars Entertainment ties with foreign Internet gaming company

The state Gaming Control Board today approved the suitability of a relationship between Caesars Entertainment with subsidiaries of an Israel-based Internet gaming company operating in the United Kingdom’s overseas territory of Gibraltar.

9 March 2011

By Richard N. Velotta

Las Vegas Sands attorneys want ban on TVs in courtroom

Las Vegas Sands CEO and Chairman Sheldon Adelson speaks during a media briefing with the backdrop of Singapore's Marina Bay Sands on Dec. 21, 2009 in Singapore.

Attorneys for Las Vegas Sands Corp. don't want any television cameras in the courtroom next week during a hearing on a lawsuit filed against the casino operator by fired Macau executive Steven Jacobs.

9 March 2011

By Steve Green

Big Pinnacle Entertainment gamblers get trips to Wynn, Encore

Casino operator Pinnacle Entertainment Inc. is finding a way to give its highest rollers trips to the Las Vegas Strip each year, even though it has no casinos there.

9 March 2011

Associated Press

Audit cites gaming board for loose handling of money

CARSON CITY – The Nevada Gaming Control Board does a good job in collecting taxes and fees but there’s some loose handling of the money when it reaches Carson City, a legislative audit says.

8 March 2011

By Cy Ryan

Union asks LVCVA to refund them for lost furlough days

With room tax collections slowly recovering, members of the union representing workers of the Las Vegas Convention and Visitors Authority have informally asked the organization’s board of directors to consider refunding them for furlough days they lost.

8 March 2011

By Richard N. Velotta

Caesars Entertainment CEO Gary Loveman made $5.9 million in 2010

Gary Loveman took home about $5.9 million in 2010 in his role as Caesars Entertainment chairman and CEO, slightly less than the compensation package he received in 2009.

7 March 2011

By Amanda Finnegan

Caesars Palace to revamp 180-room tower as Nobu hotel

Caesars Palace features six hotel towers, which will include the newly announced Nobu Hotel, replacing the existing Centurion Tower.

Caesars Palace hotel-casino on the Las Vegas Strip and Nobu Hospitality LLC today announced plans to establish a Nobu hotel, restaurant and lounge at Caesars Palace.

7 March 2011

By Las Vegas Sun Staff

Cosmo takes a tough stance: Smoking on the terraces only

The Cosmopolitan's rooms will be marketed as a resort hotel with added perks typical of condominiums.

The Cosmopolitan may be the only casino-resort in town to prevent guests from smoking in their hotel rooms — private areas exempted under the state’s partial smoking ban. Yet an unusual feature in the rooms makes them a haven for smokers

5 March 2011

By Liz Benston

Fortune names Wynn Resorts most admired company in hotel-casino industry

The Encore is shown to the left of the Wynn Las Vegas on the Strip.

For the third consecutive year, Wynn Resorts Ltd. of Las Vegas is the most admired casino operator as ranked by Fortune magazine. Fortune's annual list, based on surveys of industry participants and analysts, was released Thursday and it puts Wynn at No. 4 in the category of hotels, casinos and resorts.

3 March 2011

By Steve Green

Moody's upgrades outlook for MGM Resorts

For the second consecutive day, Moody's Investors Service has upgraded its outlook on a big Las Vegas Strip hotel-casino operator.

2 March 2011

By Steve Green

Hard Rock Hotel management group ends its run with resort

A view of the Hard Rock hotel-casino at Paradise Road and Harmon Avenue on Tuesday, Jan. 25, 2011.

Morgans Hotel Group Co. of New York, former manager of -- and investor in -- the Hard Rock Hotel in Las Vegas, is closing the books on its disastrous experience with the property.