Gaming

In down economy, crimes against casinos are up

In down economy, crimes against casinos are up

The state’s casino cops have been busy. Could recession-fueled money troubles be blamed for the brazen acts of theft that have surfaced in recent months? Gaming board agents have made nearly 400 arrests in connection with casino and gambling-related crimes in Nevada this year, compared with fewer than 300 for all of 2008.

19 October 2009
By Liz Benston

Celebrity, media NFL picks Week Six

Remember the game in 1987 when the Bengals had to burn six seconds to win a game, and instead allowed Joe Montana and Jerry Rice one more shot at the end zone? That didn't work out too well.

16 October 2009
By Sal DeFilippo

Executive named examiner in Fontainebleau bankruptcy case

An executive experienced in financial restructurings was appointed Friday as the examiner in the Fontainebleau Las Vegas bankruptcy case. The U.S. Trustee for Miami's bankruptcy court appointed as examiner Jeff Truitt.

16 October 2009
By Steve Green

Fontainebleau president among execs leaving project

As developers of the bankrupt Fontainebleau Las Vegas resort attempt to sell the unfinished project, the company continues to trim its staff and most recently revealed the departure of its top local executive.

15 October 2009
By Steve Green

Gaming stocks fall on Macau travel restriction news

Headlines about limits on visits to Macau today hurt gaming stocks exposed to the Chinese gambling district. Macao Daily reported that China’s Guangdong province tightened travel restrictions to Macau.

15 October 2009
By Las Vegas Sun Staff

Former IGT exec steps down as board chairman

T.J. Matthews, former International Game Technology chief executive officer, is stepping down as chairman of the IGT board of directors but will remain on the board.

15 October 2009
By Steve Green

Garth Brooks coming to Encore Theater for extended stay

Garth Brooks confirmed this morning what many had been speculating for months. The country music star announced during a Nashville news conference that he would be coming out of retirement with an extended stay at the Encore Theater.

14 October 2009
By Amanda Finnegan

Moody’s raises outlook on Wynn Resorts

A second credit rating service has raised its outlook on Wynn Resorts this week as a result of the company’s initial public offering on the Hong Kong Stock Exchange. Moody’s Investor Services raised its outlook from negative to stable.

14 October 2009
By Amanda Finnegan

Las Vegas Hilton's chief executive leaves post

The company that owns the Las Vegas Hilton disclosed Tuesday the departure of Rudy Prieto, who has been serving as chief executive and general manager of the hotel-casino.

14 October 2009
By Steve Green

IGT to take $77 million charge, stock trading higher

Casino industry supplier International Game Technology today said it expects to take noncash charges totaling $77 million or 26 cents per share after taxes.

14 October 2009
By Steve Green

Official: Lift ban on child care in casinos

A view of the Las Vegas Strip.

MGM Mirage lost a $5 million convention recently. No one blamed President Barack Obama’s remarks about frivolous travel for scaring off the desperately needed business. Rather, it appears county ordinances were to blame.

14 October 2009
By Joe Schoenmann

Former MGM Mirage CEO Lanni diagnosed with cancer

A former chief executive of casino operator MGM Mirage has been diagnosed with cancer. MGM Mirage said Tuesday that Terrence Lanni requires treatment, including chemotherapy and possibly surgery.

13 October 2009
Staff and wire services

Alexander Haig resigns from MGM Mirage board

MGM Mirage of Las Vegas announced today that former Secretary of State Alexander M. Haig Jr. resigned from the casino-resort operator's board of directors effective Oct. 7.

13 October 2009
By Las Vegas Sun Staff

MGM Mirage wants the right tone for CityCenter’s first night

In another economy, CityCenter might have opened with the kind of pageantry befitting royalty.

13 October 2009
By Liz Benston

Gaming stocks fall on news of Macau growth

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

Despite an improved credit outlook for Wynn Resorts Ltd., its shares and those of competitor Las Vegas Sands Corp. fell Monday after the government of Macau said it's reviewing growth of the casino industry and that the six gaming operators there agree it "shouldn’t expand infinitely." Local reports said the Chinese gambling enclave is considering imposing limits on table numbers, removing gaming operations from residential areas and raising the age limit for entering casinos from 18 to 21.

12 October 2009
By Steve Green
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