Steve Green

Story Archive

Golden Nugget sees revenue increase in second quarter
Monday, Aug. 9, 2010
Revenue increased for the Golden Nugget hotel-casinos in Las Vegas and Laughlin in the second quarter, their owner reported today.
Websites, bloggers make moves to avoid Righthaven lawsuits
Monday, Aug. 9, 2010
As word spreads around the country about the copyright infringement lawsuits filed over online Las Vegas-Review Journal stories, some bloggers and attorneys are advising website operators to immediately take steps to protect themselves from such suits.
Righthaven continues suits over R-J copyrights; 91 total
Friday, Aug. 6, 2010
Attorneys for a law firm continue to attack a copyright infringement lawsuit campaign involving Review-Journal stories, saying it's a "massive cash grab" aimed at coercing settlements from small website owners.
Venetian restaurant operator files for Chapter 11 bankruptcy reorganization
Friday, Aug. 6, 2010
A company that owns four restaurants at the Venetian hotel-casino and the attached Grand Canal Shoppes mall has filed for Chapter 11 bankruptcy reorganization and says one of the four restaurants has closed.
Bellagio files trademark lawsuit against mattress maker
Thursday, Aug. 5, 2010
A luxury mattress executive received a bit of bad news while showing off mattresses at the World Market Center: a trademark infringement lawsuit against his company filed by the Bellagio.
Fertitta family, lenders maintain highest bid for Station Casinos properties
Thursday, Aug. 5, 2010
Bankruptcy court filings today confirmed that no one has stepped up to out-bid a group led by the Fertitta family in Friday's auction of certain Station Casinos Inc. properties.
Carl Icahn: Fontainebleau to sit idle until economy improves
Thursday, Aug. 5, 2010
Three pieces of news emerged today about the massive, unfinished Fontainebleau casino resort on the Las Vegas Strip. Today's disclosures by one of Icahn's companies, Icahn Enterprises L.P. of New York, are significant because they are the first official word from Icahn since the Las Vegas Sun reported in June that a contractor, Taylor International Corp., had pulled $1.2 billion in construction permits for the resort.
State Democratic Party fighting R-J copyright lawsuit
Thursday, Aug. 5, 2010
The Democratic Party of Nevada is fighting back against a copyright infringement lawsuit over Las Vegas Review-Journal stories posted on its website, enlisting Washington, D.C., attorneys experienced in representing public officials, candidates and political parties.
New York-New York wins trademark suit over Internet domain name
Wednesday, Aug. 4, 2010
MGM Resorts International has won a trademark infringement lawsuit involving New York-New York, with it winning rights to the domain name newyorknewyork.com.
Las Vegas hotel serving gay market files for bankruptcy
Wednesday, Aug. 4, 2010
The Blue Moon Resort, a small Las Vegas nongaming hotel serving the gay male market, and an associated company filed for Chapter 11 bankruptcy reorganization Tuesday.
Harrah's swings to loss in 2Q, notes market improvements in Las Vegas
Wednesday, Aug. 4, 2010
Harrah's Entertainment Inc. today reported a second quarter loss and continued sluggish business conditions on the Las Vegas Strip, but CEO Gary Loveman said business may be stabilizing after two years of revenue declines.
Defendants in R-J copyright lawsuits speak out
Wednesday, Aug. 4, 2010
The following are some of the nonprofits, individuals and companies sued by Righthaven. • acdc-bootlegs.com and its owner, Nate Althoff, both accused of posting R-J material about an AC/DC concert in Las Vegas. Court records show the AC/DC bootleg website has posted numerous AC/DC concert reviews by publications including the Des Moines Register, Milwaukee Journal-Sentinel, Louisville Courier-Journal and the Kansas City Star.
Some targets of Righthaven lawsuits fighting back
Wednesday, Aug. 4, 2010
The Righthaven lawsuits filed in U.S. District Court in Las Vegas at first glance seem pretty simple: They show bloggers, nonprofits and generally small-time websites around North America for years have been cutting and pasting entire Las Vegas Review-Journal stories on to their websites without authorization.
Are website copyright violations hurting newspapers' bottom line?
Wednesday, Aug. 4, 2010
Righthaven LLC CEO Steve Gibson says the real story about Righthaven is not the controversy over its lawsuits, but that it’s a fast-growing technology company with a bright future in Las Vegas — a city that certainly needs the jobs.
Legal attack dog sicked on websites accused of violating R-J copyrights
Websites and blogs that post Las Vegas Review-Journal content, however innocent their intent, can expect to be sued without warning
Wednesday, Aug. 4, 2010
When it comes to fighting copyright theft in the news industry — the piracy of stories, editorials, columns, photos and videos — there are watchdogs and there are attack dogs.
MGM Resorts loses $883.5 million in second quarter
Tuesday, Aug. 3, 2010
Casino operator MGM Resorts International said Tuesday its second-quarter loss widened as it absorbed a $1.12 billion writedown on its investment in CityCenter in Las Vegas.
Analysts: Weakness in gaming industry continues
Moody's updated report shows uncertainties, but also good news
Wednesday, July 28, 2010
Weak consumer confidence, unemployment and cheap hotel rooms indicate the gaming industry is likely to see continued weakness at least through the end of the year, a new report says.
Station Casinos, bondholders settle dispute
Wednesday, July 28, 2010
A development in the Station Casinos Inc. bankruptcy case Wednesday may clear the way for the Las Vegas company to avoid continued litigation as it emerges from bankruptcy with the founding Fertitta family still in control. Station filed court papers saying it has reached a settlement with bondholders owed $2.8 billion who have been fighting Station’s reorganization plans.
Las Vegas home prices fall again
Standard & Poor: May figures show LV dropped to new index low
Tuesday, July 27, 2010
Las Vegas home prices fell again in May and among big U.S. cities, only Detroit's housing market has performed worse than Las Vegas's during the recession.
R-J mob source hit with copyright suit
Tuesday, July 27, 2010
Former mob enforcer turned government witness Anthony Fiato over the years has been the subject of a book by Las Vegas Review-Journal columnist John L. Smith and a source for Smith's news columns.
Boyd Gaming says revenue, income down for Borgata casino
Company says severe winter storms led to fewer day trips to Atlantic City
Monday, July 26, 2010
Boyd Gaming Corp. of Las Vegas today said revenue and net income fell during the second quarter for its half-owned Borgata casino resort in Atlantic City.
SouthwestUSA Bank turned over to FDIC
Friday, July 23, 2010
The Nevada Financial Institutions Division today announced that the under-capitalized SouthwestUSA Bank has failed and was turned over to the Federal Deposit Insurance Corp.
Analysts give boost to Wynn Resorts
Friday, July 23, 2010
Wynn Resorts Ltd. of Las Vegas received a boost this week when key debt ratings were lifted by Fitch Ratings and Moody's Investors Service.
Sands China fires CEO, names interim replacement
Friday, July 23, 2010
Sands China Ltd., the fast-growing Macau subsidiary of Las Vegas Sands Corp., today said CEO Steve Jacobs was fired and removed from the board of directors.
More copyright lawsuits filed over Review-Journal stories
Friday, July 23, 2010
Four more website operators have been sued for copyright infringement after Las Vegas Review-Journal stories were posted on their websites, allegedly without authorization.
Bank of Nevada owner posts second quarter profit
Thursday, July 22, 2010
Western Alliance Bancorporation of Las Vegas, owner of Bank of Nevada and other banks, on Thursday posted a second quarter profit of $1.2 million as its loan portfolio continued to grow despite the recession.
With high debt load, Moody's report questions Harrah's strategy
Thursday, July 22, 2010
Casino giant Harrah's Entertainment Inc. has forged ahead during the recession with a growth strategy despite losing billions of dollars and carrying a hefty debt load of $22 billion.
Shareholders file another lawsuit against Las Vegas Sands Corp.
Thursday, July 22, 2010
Another shareholder lawsuit was filed Wednesday in federal court in Las Vegas accusing Las Vegas Sands Corp. of securities law violations. This is the second such suit seeking class-action status against Las Vegas Sands to be filed in that court since May 24.
Wynn, Encore 2Q operating loss widens to $17.2M
Wednesday, July 21, 2010
The first second quarter financial results for the Las Vegas Strip are out and they show continued downward pressure on room rates.
Second OneCap company seeks bankruptcy protection
Monday, July 19, 2010
Another OneCap real estate lending entity filed for Chapter 7 bankruptcy liquidation in Las Vegas on Friday, meaning investors who placed hundreds of thousands of dollars with OneCap may face delays in pursuing fraud claims against OneCap.
Lake Las Vegas emerges from bankruptcy
Creditor trust immediately files scores of lawsuits to recover funds
Friday, July 16, 2010
Lake Las Vegas emerged from bankruptcy protection Friday and its creditor trust promptly filed scores of lawsuits to recover funds for creditors, including a $470 million claim against former insiders.
3 suits over alleged R-J copyright infringements bring total to 72
Friday, July 16, 2010
Three more website operators were sued for copyright infringement Thursday after Las Vegas Review-Journal stories allegedly were posted on their sites without authorization, lifting the total of such lawsuit filings to at least 72 since March.
5 more suits filed over alleged R-J copyright violations
Thursday, July 15, 2010
Righthaven LLC, the company suing website operators for infringing on copyrighted Las Vegas Review-Journal stories, filed five more lawsuits this week in federal court in Las Vegas.
Golf course, charity at odds over fundraising tournament
Thursday, July 15, 2010
Has a Nevada golf course been trying to intimidate the charitable foundation of 6-foot 9-inch, 345-pound football player Jonathan Ogden?
As unlikely as it may seem, that’s an issue emerging in a lawsuit pitting the Dragon Ridge Golf Club Inc. of Henderson against the foundation of Ogden, the retired Baltimore Ravens 11-time Pro Bowl offensive tackle.
Starwood Capital involved in takeover of bankrupt Riviera
Tuesday, July 13, 2010
Deep-pocketed Starwood Capital Group is participating in the takeover of the Riviera hotel-casino on the Las Vegas Strip, an attorney confirmed Tuesday.
Riviera files for Chapter 11 bankruptcy reorganization
Monday, July 12, 2010
Riviera Holdings Corp., owner of casinos in Las Vegas and Colorado, filed for Chapter 11 bankruptcy reorganization Monday -- the latest in a series of gaming industry bankruptcies.
South Point expansion to include more slots, restaurants
Monday, July 12, 2010
The South Point Hotel, Casino & Spa in Las Vegas today announced a 55,000-square-foot expansion of its casino, with the first phase opening Friday. The first phase includes 600 slot, video poker and video keno machines, a newly designed 175-seat race book, a new poker room and an entertainment area.
Nevada Democratic Party hit with R-J copyright lawsuit
Friday, July 9, 2010
The Democratic Party of Nevada was sued for copyright infringement Friday after Las Vegas Review-Journal stories allegedly were posted on its website without authorization this spring.
Station Casinos bondholders renew interest in suing over deal
Friday, July 9, 2010
Bondholders in the Station Casinos Inc. bankruptcy case have renewed their request that they be allowed to sue Station insiders over the 2007 deal that took the Las Vegas company private.
Land plans signal growth in Summerlin
Monday, July 5, 2010
The owner of Summerlin has disclosed plans to sell hundreds of lots to homebuilders in a sign that the residential building industry is preparing for growth in the master-planned community.
Lawsuit filed over UMC patient records leak
Saturday, July 3, 2010
The fallout continued Friday over the Sun’s disclosure in November that confidential patient information was being leaked from University Medical Center.
New objections filed in Station Casinos bankruptcy case
Friday, July 2, 2010
Platoons of attorneys in the Station Casinos Inc. bankruptcy case have more work to do as new objections are being filed in the Las Vegas company's complex bankruptcy case. Attorneys for Station and its creditors are also preparing for hearings July 15-16.
Bank of Nevada owner listed as potential takeover target
Bank of George receives $2 million capital infusion
Thursday, July 1, 2010
Two Las Vegas banks were in the news Thursday — and for a change the coverage involved positive developments. Western Alliance Bancorp, owner of Bank of Nevada, showed up in a Wall Street Journal blog as a potential takeover target.
Analysts: Despite improvements on Strip, soft economy to linger
Wednesday, June 30, 2010
Las Vegas Strip hotel-casinos are likely to see business improve somewhat in the second half of 2010 and in 2011, but the recovery will be muted and operating trends will remain soft.
Las Vegan sues to halt merger of airlines
Wednesday, June 30, 2010
Robert D. Conway of Las Vegas seems fed up with big airline mergers resulting in higher fares, reductions in service and more inconvenience for travelers.
Report: Las Vegas home price increase lags other cities
Tuesday, June 29, 2010
Las Vegas home prices edged up in April as measured by the closely followed Standard & Poor's/Case-Shiller Home Price Indices.
Judge approves Black Gaming bankruptcy plan
Monday, June 28, 2010
Black Gaming’s Chapter 11 bankruptcy reorganization plan was approved today. The reorganization was needed when it was unable to service debt and liabilities of $253.4 million.
MGM on list of best companies for diversity
Monday, June 28, 2010
For the sixth consecutive year, MGM Resorts International has been named among the "40 Best Companies For Diversity" by Black Enterprise magazine.
Judge blocks Mandalay Bay's attempt to evict Rumjungle nightclub
Monday, June 28, 2010
Mandalay Bay today moved to immediately evict the Rumjungle nightclub in Las Vegas, but a judge issued a restraining order allowing Rumjungle to stay in possession of its leased space for now.
R-J copyright suit filed against newspaper source
Friday, June 25, 2010
Longtime Las Vegas casino industry publisher Anthony Curtis was accused Friday of copyright infringement for posting on his website a Las Vegas Review-Journal story – a story involving Curtis’ company.