Gaming

Strip gaming win plummets 25 percent in October

Casinos on the Strip suffered through their worst month in at least 25 years in October, as the gaming win dropped 25.7 percent. Statewide, casinos recorded their biggest monthly decline, 22.3 percent.

Got $300K? Your private gambling room is ready

Nevada regulators have changed some house rules with the goal of boosting lackluster business in private gambling rooms for high-rollers.

MGM Mirage launches international gaming division

With the U.S. economy in the tank and foreign countries more open to big gambling resorts, MGM Mirage is amping up its expansion efforts with a new division focused on international gaming expansion.

Station, Harrah’s to bondholders: Help us refinance

Station, Harrah’s to bondholders: Help us refinance

With no sign of an economic recovery on the horizon, Station Casinos and Harrah’s Entertainment are bargaining with lenders to help resolve their cash flow problems.

Improved volcano rekindles Mirage's economic hopes

After months of the Mirage's volcano laying dormant, the hotel and casino reignited its icon to the public with a new look and a new sound.

Despite harsh economic times on the Strip, the Mirage launched its latest multimillion dollar addition Monday night, a project that has been on the resort's agenda for almost four years.

Bailout for casinos? Don’t bet on it

Las Vegas, like Detroit, has been hit hard by the economic downturn, creating layoffs and reduced hours at casinos. But unlike the Big Three automakers, Las Vegas' casino bosses won't be headed to Washington to beg for a bailout.

The debate over the proposed federal bailout of Detroit’s Big Three automakers raises some intriguing comparisons with the industry behind our own company town. Las Vegas has been called the “last Detroit.” And the Strip is indeed a modern union success story. The U.S. automakers say the failure of the country’s largest remaining manufacturing base could spark a depression.

Denny's makes inroads at Station properties

Station Casinos’ decision to replace company-owned cafes at six casinos with Denny’s restaurants is part of a money-saving trend afoot at properties owned by Station and competitor Boyd Gaming, which are facing the worst recession in a generation.

Police still looking for casino robber

Metro Police on Wednesday are again asking for the public’s help in identifying a man wanted in connection with a casino robbery Nov. 12 on North Rancho Drive.

Harrah’s vice chairman stepping down

Harrah’s Entertainment vice chairman Charles Atwood announced today he is resigning effective Dec. 19 after nearly 30 years with the casino giant.

Economy poses test for The Strip's big night

Economy poses test for The Strip's big night

Strip casinos have maintained enviably high occupancy rates during this recession by offering deep discounts and unprecedented package deals – an indication that customers are still willing to open their wallets for bargains even in turbulent times.

Mesquite casino cites economy in reduction

Black Gaming is temporarily closing its Oasis casino in Mesquite in a last-ditch attempt to cut costs and fend off a potential bankruptcy.

Encore resort launches Web site

The Strip’s newest addition, Encore Las Vegas, launched its Web site today, giving visitors a sneak peek at Steve Wynn’s $2.3 billion luxury resort and casino.

Culinary sees opportunity after Station makes its move

The wedge that the Culinary Union has been working to drive between Station Casinos management and its employees just got a lot bigger Monday.

Station debt to take bite of workers’ benefit

Station Casinos is among the first gaming companies to suspend contributions to the retirement benefit. The company said it will periodically evaluate the potential reinstatement of matching contributions.

Cutting costs versus serving customers

View of the Las Vegas Strip from the first floor living area in the Emperor's Suite in the Caesars Palace Forum Tower.

Throughout this downturn, big Strip casinos have kept hotel occupancy high by cutting room rates and offering discounts and other promotions.