Operators and investors in a Henderson locals casino say they're interested in acquiring some of the assets that Station Casinos Inc. plans to auction in its bankruptcy case.
Attorneys for Mandalay Bay are asking the U.S. Bankruptcy Court to dismiss the bankruptcy filing by the Rumjungle nightclub there, saying it was filed in bad faith and is a misuse of the bankruptcy process.
Attorneys for Station Casinos and its key lenders are defending the company's bankruptcy reorganization plan, saying a group of five hotel-casinos won't be at a competitive advantage to 13 more properties should the other 13 be picked up by another buyer.
Station Casinos Inc. and competitor Boyd Gaming Corp. traded charges against each other this week in Station's bankruptcy case as Station presses forward with its plan.
Las Vegas home prices fell again in February as measured by the widely-followed Standard & Poor's/Case-Shiller Home Price Indices -- but they declined at a slower rate. S&P said Las Vegas prices fell 0.4 percent from January to February.
A trademark dispute has erupted over the Stratosphere hotel-casino's new SkyJump Las Vegas attraction in which riders jump off the tower and fall 855 feet to the ground in a controlled descent.
Harrah's Entertainment Inc. today reported a first quarter loss on lower revenue as the recession continued to reduce spending at its big Las Vegas Strip resorts.
The insurer for the Las Vegas Monorail's bonds suffered a setback Monday when a bankruptcy judge declined to convert the case to a Chapter 9 reserved for government agencies.
A sixth website operator has been sued over allegations that copyrighted Las Vegas Review-Journal stories were posted and reproduced without authorization.
Two big Nevada bank operators this week reported improved first quarter earnings, but said loan defaults remain high. Western Alliance Bancorporation said it earned $384,000 in the quarter, an improvement from 2009's first quarter.
Boyd Gaming and certain creditors filed new objections Wednesday to Station Casinos Inc.'s bankruptcy reorganization plan as legal wrangling intensified.
A company with strategic land holdings on the Las Vegas Strip filed for Chapter 11 bankruptcy reorganization Wednesday after its plans for an Elvis Presley-themed resort fell through.
A group of Station Casinos Inc. workers backed by the Culinary Union is objecting to Station’s reorganization plan, saying some employees including union supporters may lose their jobs as casinos change hands.
Station's bankruptcy reorganization plan is under attack, with unsecured creditors charging it's part of a "scheme" by the Fertitta family to maintain control of the company "at as low a valuation as they can get away with.''
Station Casinos Inc. of Las Vegas today said certain creditors have agreed to support a plan in which the Fertitta family, Colony Capital and key lenders would control the entire company.
Harrah's Entertainment Inc. is disputing allegations in a lawsuit that its World Series of Poker breached a $22.5 million sponsorship agreement with an online poker company.
Heirs of the late billionaire Howard Hughes filed an objection Friday to a plan in the General Growth Properties Inc. bankruptcy case in which the Las Vegas planned community of Summerlin would be spun off into a separate company.
MGM Mirage said its first quarter revenue declined, even after the opening of CityCenter, and that it expects to report a loss for the quarter. In disclosing preliminary first quarter results, the Las Vegas-based gaming operator said net revenue is expected to total about $1.46 billion.
The Arizona Department of Gaming today said Las Vegas-based slot machine maker Bally Technologies Inc. has agreed to pay a $175,000 fine to settle an investigation of Bally’s procedures in shipping gaming device software to Arizona Indian casinos.
Instead of organizing bus tours for investors in foreclosed homes, Las Vegas luxury home broker Ken Lowman is lining up private jet tours in which he's flying potential buyers to Las Vegas.
The Privé and Living Room nightclubs at Planet Hollywood resort in Las Vegas could be shut down after they were unable to come to terms on a new lease with Planet Hollywood.
Station Casinos Inc. on Wednesday asked its bankruptcy judge to further extend the period in which Station alone can pursue a plan to reorganize its Las Vegas locals casino empire.
Las Vegas-based slot machine maker Bally Technologies Inc. today announced the sale of a casino and said its annual profit will be less than anticipated — in part because casinos aren’t buying as many gambling systems as expected.
A legal fight is under way over whether the Luxor hotel-casino can use the name "Liquidity" for one of its bars. Records show Thomas D. Weldon of Fernandina Beach, Fla., in April 2008 obtained a federal trademark for the word "Liquidity" for use in the sale of red wine.
The recession continued to punish Laughlin's casino industry in 2009, figures released Wednesday show. Tropicana's two properties in Laughlin are the 1,495-room Tropicana Express and the 1,000-room River Palms. Together they employ 1,225 people.
The owner of the 2,950-room Las Vegas Hilton hotel-casino on Paradise Road today disclosed it lost money during the fourth quarter as conventions attracted fewer business people to Las Vegas.
Station Casinos Inc. of Las Vegas today disclosed that its revenue fell on a year-over-year basis in the fourth quarter as the recession reduced spending at its hotels and casinos.
Southern Nevada and the nation remain mired in a slow and plodding economic recovery. That’s the bottom line as related in the latest crop of economic reports. Unemployment in Nevada in February reached a record of 13.2 percent, up from 13 percent in January and 10.1 percent in February 2009.
Las Vegas-area home prices retreated in January as measured by the influential Standard & Poor's Case-Shiller Home Price Indices issued today. After rising 0.2 percent on a month-to-month basis in December, prices in Las Vegas fell 0.5 percent in January, Standard & Poor's said today in its report. That compares to a monthly decline of 0.4 percent in prices among the 20 big U.S. cities analyzed monthly.
Bondholders in Station Casinos Inc.'s bankruptcy case are demanding that Station stop making loans to the Station subsidiary that operates the 496-room Green Valley Ranch Resort in Henderson.
Riviera Holdings Corp. of Las Vegas reiterated Friday that it’s in talks with creditors about restructuring its debt – but continued to avoid comment on whether Starwood Capital Group LLC is preparing to take over Riviera through a prepackaged bankruptcy.
Station Casinos Inc. filed a reorganization plan in its bankruptcy case Wednesday proposing the sale of its interests in 13 of its 18 Southern Nevada gaming properties.
A company headed by the former chief executive of Las Vegas-based casino ATM operator Global Cash Access Holdings Inc. on Monday filed an antitrust lawsuit against Global Cash.
An insurance company is suing two former Hard Rock hotel-casino employees, charging they were involved in the theft of $831,519 from the Las Vegas resort.
Southern Nevada hotel-casino operator American Casino & Entertainment Properties LLC today said it lost $17.6 million in the fourth quarter ended Dec. 31 as the recession led to lower revenue at its properties.
A new study confirms what Las Vegas hotel-casino owners are painfully aware of: Visitors to the city in 2009 didn't gamble as much and spent less for hotel rooms.
Bankrupt Mesquite casino operator Black Gaming LLC has encountered some resistance to its initial plan to spend money while its bankruptcy case proceeds. Attorneys filed court papers objecting to Black Gaming's request for approval of an agreement between Black and certain creditors.
A judge on Wednesday dismissed part of a lawsuit filed by Las Vegas cupcake company The Cupcakery claiming a former worker stole trade secrets and infringed on Cupcakery trademarks by opening gourmet cupcake shops in California.
The owner of the Rumjungle nightclub at Mandalay Bay resort in Las Vegas filed for Chapter 11 bankruptcy reorganization Tuesday, saying it needs court protection to prevent Mandalay Bay from shutting it down.
CityCenter general contractor Perini Building Co. today weighed in on its lien dispute with the $8.5 billion resort complex in Las Vegas, saying it will continue with efforts to collect the $491.2 million it says is owed.