Gaming

FortuNet shareholders sue over stock acquisition

Two shareholders are seeking class-action status in a lawsuit against FortuNet Inc., a Las Vegas company that supplies electronic bingo systems around the nation, and its leader, Yuri Itkis, for allegedly trying to acquire shares of the company at what they say is an unfair price.

9 December 2009
By Cara McCoy

Station Casinos property to be renamed after Days Inn agreement

Wild Wild West casino located just west of I-215 and Tropicana on Wednesday afternoon, Dec. 9, 2009 in Las Vegas.

Station Casinos Inc. today announced a franchise agreement to bring the Days Inn hotel brand to the Wild Wild West Gambling Hall on Tropicana Avenue west of Interstate 15 in Las Vegas.

9 December 2009
By Steve Green

Fontainebleau judge details guidelines for credit bid

The Fontainebleau Las Vegas bankruptcy judge on Tuesday gave contractors 10 days to come up with more than $200 million in cash and a bond if they want to continue pressing for the right to buy the casino resort project with a credit bid.

8 December 2009
By Steve Green

Caesars Palace smoking lawsuit dropped, Wynn suit continues

Attorneys have dropped their lawsuit claiming Caesars Palace workers in Las Vegas are exposed to dangerous second-hand cigarette smoke. Plans are to continue pursuing a similar lawsuit filed Oct. 20 against Wynn Las Vegas.

8 December 2009
By Steve Green

Murren: Locals will visit Strip to go to CityCenter

Bram and Sarah Tihany take in the view from the Mandarin Bar at the grand opening of the Mandarin Oriental at CityCenter on Friday, Dec. 4, 2009.

MGM Mirage Chairman and Chief Executive Officer Jim Murren this week said he isn’t crazy and neither was opening his company’s $8.5 billion CityCenter project in one of the worst economies Las Vegas has seen. “We have to look back and look at how long it's taken to develop this, look at the money we've expended and look at it from a return on investment perspective,” Murren said.

8 December 2009
By Amanda Finnegan

Southern Nevada economy still lags nation, but stabilizing

Southern Nevada’s economy lags behind the rest of the nation, but it appears to be stabilizing even though there’s no inkling of when a recovery will occur.

8 December 2009
By Buck Wargo

Fontainebleau: Half-built bargain bid up by billionaire

Construction on the Fontainebleau resort was halted in June. A bankruptcy judge has set a Jan. 27 hearing to consider the sale of the resort to the highest bidder.

At stake is control of the most spectacular bankrupt building in the country, the half-built Fontainebleau resort on the Strip.

7 December 2009
By Liz Benston

Another potential buyer emerges for Fontainebleau

A little-known Las Vegas company has expressed interest in acquiring the bankrupt Fontainebleau casino-resort project. Craig Road Development Corp. sent a letter to Fontainebleau's bankruptcy judge.

5 December 2009
By Steve Green

The golden rule of service

Doorman Reggie Horsford interacts with Anja Luthje, corporate director of rooms, during a training simulation at the Mandarin Oriental.

Spa-industry veteran Jennifer Lynn acknowledges what out-of-towners have increasingly been complaining about: Customer service — long a Las Vegas hallmark — is suffering as financially beleaguered hotels can’t afford to pamper run-of-the-mill guests as they used to.

5 December 2009
By Liz Benston

CityCenter’s Mandarin Oriental makes Vegas debut

MGM Mirage CEO Jim Murren speaks at the grand opening of the Mandarin Oriental at CityCenter, Friday, Dec. 4, 2009.

One of the world’s most prestigious hotel brands made its Las Vegas debut today when the 47-story Mandarin Oriental opened at the $8.5 billion CityCenter. It was the third building of this week’s phased opening at MGM Mirage’s Strip resort campus and sets the stage for the Dec. 16 launch of Aria.

4 December 2009
By Richard N. Velotta

AG says any Station Casinos trustee must be licensed by gaming regulators

Nevada Attorney General Catherine Cortez Masto and gaming regulators are intervening in the Station Casinos Inc. bankruptcy case, demanding that if a trustee is appointed that the trustee be licensed by state casino regulators.

3 December 2009
By Steve Green

Control Board files complaint against mini mart owner

CARSON CITY – The state Gaming Control Board has filed a complaint against Sam Elias Hamika, owner of two mini marts in Las Vegas, for switching the title to his businesses without informing the state.

3 December 2009
By Cy Ryan

CityCenter unveils Crystals retail district

The interior of Crystals features the dramatic designs of Studio Daniel Libeskind and David Rockwell.

Adding a slew of high-end retailers to the Las Vegas Strip, CityCenter’s Crystals retail and entertainment district opened on Thursday, marking the unveiling of the massive project’s second building. Crystals opened at noon for a charity shopping event and at 5 p.m. to the public. The 500,000-square-foot retail and dining district has direct access from Las Vegas Boulevard and houses some of the most high-end brands in fashion. The retail selection at Crystals includes names such as Louis Vuitton, Tiffany & Co., Christian Dior, Hermes and Prada.

3 December 2009
By Amanda Finnegan

Fontainebleau lenders sue construction companies over liens

Lenders owed $1.048 billion in the Fontainebleau Las Vegas bankruptcy case sued hundreds of construction companies Wednesday as disputes escalated over liens filed against the project by lenders and contractors.

3 December 2009
By Steve Green

M Resort notes improved business in recent months

CARSON CITY – Top staff at the M Resort Spa and Casino told gaming regulators today that business at the 9-month-old resort is looking up.

2 December 2009
By Cy Ryan
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