Tropicana Entertainment Inc. of Las Vegas on Tuesday said its first-quarter loss widened on weakness in the Nevada market and unlucky play in Atlantic City.
Hotel-casino operator Caesars Entertainment Corp. of Las Vegas on Tuesday said its first-quarter loss widened, even as business improved in Las Vegas. Caesars said it lost $280.6 million in the quarter ended March 31 vs. a loss in the year-ago quarter of $147.5 million.
UFC fighter Nick Diaz is asking a Las Vegas judge to lift the suspension of his Nevada fighter’s license. On Feb. 8, the Nevada State Athletic Commission suspended the license of Diaz and launched disciplinary proceedings against him.
The second auction of Righthaven LLC assets, including its trademark and a copyright for a Las Vegas Review-Journal editorial, is scheduled to begin Monday morning on eBay.
Casino supplier Bally Technologies Inc. of Las Vegas on Thursday said business boomed during the quarter ended March 31, with revenue up 20 percent on a year-to-year basis to $229 million.
A federal appeals court on Thursday rejected claims by Dr. Kevin Buckwalter of Henderson that his rights were violated when the State Board of Medical Examiners, without notice and on an emergency basis, suspended his authority to prescribe medication after he was linked to patient overdose deaths.
A Virginia nonprofit is asking for donations to cover the $30,000 it spent successfully fighting a Righthaven LLC copyright infringement lawsuit. The Virginia Citizens Defense League Inc. (VCDL), a gun rights group in Newington, Va., was sued by Las Vegas-based Righthaven in September 2010.
Guns. Knives. Brass knuckles. Decades after they were used as tools in deadly games of profit and control, pieces of the nation’s mobster past are once again involved in a heated dispute — this time in court.
Attorneys for investors in Nevada foreclosed homes have filed yet another massive lawsuit challenging homeowner association assessments and collection costs. The latest suit was filed secretly in April 2011 in federal court in Las Vegas and it was unsealed on Wednesday.
Casino supplier International Game Technology on Tuesday said its investment in interactive gaming helped boost revenue in the fiscal second quarter ended March 31.
Las Vegas-area home prices fell from January to February, according to the closely-followed Standard & Poor’s/Case-Shiller Home Price Indices. S&P on Tuesday said Las Vegas was among nine big U.S. markets to see prices hit new post-recession lows in February, as the larger U.S. market continued to struggle. Las Vegas prices fell 0.4 percent on a monthly basis and were down 8.5 percent from February 2011, S&P said.
Moody’s Investors Service on Monday downgraded Riviera Holdings Corp.’s debt ratings and said further downgrades are possible for the Las Vegas hotel-casino company. Riviera is considered to be in better financial shape after its emergence from bankruptcy last year — a deal engineered by veteran hotelier Barry Sternlicht. Moody’s, however, is worried about continued losses at the aging 2,075-room Riviera hotel-casino on the Las Vegas Strip as well as the company’s debt load of about $73 million.
Las Vegas developer Bill Plise, facing personal debt and liabilities topping $100 million, voluntarily filed for Chapter 7 bankruptcy protection Monday.
Hotel-casino giant Las Vegas Sands Corp. asked a U.S. court Friday to stop a former partner from proceeding with a lawsuit against Sands in Macau. Asian American Entertainment Corp. of Macau filed suit trying to collect $375 million in damages from Sands.
Casino giant Wynn Las Vegas LLC is moving to garnish certain assets of "Girls Gone Wild" founder Joe Francis as their fight over a $2 million gambling debt heats up. Wynn this week filed a lawsuit against Francis, his attorney and several Francis companies in the garnishment effort.
MGM Resorts International shareholders and bondholders have filed an amended class-action lawsuit in hopes of recovering losses from the decline of the Las Vegas company’s stock and bond prices between 2007 and 2009.
Shareholder lawsuit No. 5 was filed Tuesday against Wynn Resorts Ltd. board members over allegations of potential violations of the federal Foreign Corrupt Practices Act.
Newly released commercial real estate data show that for the most part, the Las Vegas market continued to scrape along the bottom in the first quarter.
A dispute between the Clark County firefighters union and the county boiled over into a lawsuit on Monday. Firefighters Local 1908 filed suit Monday in U.S. District Court in Las Vegas.
Two Full Tilt Poker directors were hit with another class-action lawsuit Thursday by online poker players upset because they can’t withdraw funds from the company.
A good-news, bad-news scenario emerged Wednesday on the foreclosure front in Nevada. RealtyTrac of Irvine, Calif., reported that in March, Nevada moved to No. 2 on the national foreclosure list after leading the nation for 62 consecutive months.
Attorneys say the owner of the Las Vegas Review-Journal should be required to pay $774,683 in legal fees for what critics call a failed ''shakedown'' copyright infringement lawsuit that threatened the free speech rights of a political website.
Eight couples filed suit Tuesday to overturn Nevada’s ban on same-sex marriage. The couples, represented by the Lambda Legal Defense and Education Fund Inc. in Los Angeles, which advocates for gay rights, filed suit in U.S. District Court for Nevada.
One of the three big Wall Street debt-rating agencies is warning about continued budget shortfalls at the city of Las Vegas tied to economic problems and high costs for police services.
UNLV’s Center for Business and Economic Research on Monday issued its latest economic data and it suggests continued growth locally in the coming months.
Sam Nazarian’s plan to redevelop and reopen the Sahara hotel-casino is risky for investors in the project’s debt, Standard & Poor’s is cautioning. The debt-rating agency issued a preliminary B- rating to a proposed $300 million term loan for the project.
With attorneys appearing to be in pile-on mode, a fourth outside shareholder lawsuit was filed Thursday against the directors of Wynn Resorts Ltd. of Las Vegas. Like three other suits filed since March 27, Wednesday’s filing in federal court in Las Vegas covers the feud between Wynn Resorts and board member Kazuo Okada.
A group promoting itself as The Platters in Las Vegas has been hit with a lawsuit charging it’s a counterfeit and is infringing on trademarks held by an original Platters member. The case is the latest in a number of trademark lawsuits over rights to The Platters name.
Glenn Schaeffer, a top Nevada casino executive in the mid-2000s, has been sued over allegations he failed to disclose all of his assets in a bank short-sale request.
New details were made public Wednesday on hotelier Sam Nazarian’s plan to redevelop and reopen the closed Sahara hotel-casino on the lonely northern end of the Las Vegas Strip. Debt rating agency Moody’s Investors Service issued a report that confirmed the redeveloped property would be called ''SLS Las Vegas'' and that Nazarian was hoping to reopen it in 2014.
Fox Restaurant Concepts, of Scottsdale, Ariz., said Wednesday it was entering the Las Vegas market with a concept called Culinary Dropout at the Hard Rock.
Aliante Station hotel-casino in North Las Vegas posted a $573,000 profit during the final two months of 2011 after emerging from bankruptcy, its owner says.
Florida-based celebrity attorney Yale Galanter received $500,000 for defending O.J. Simpson in his Las Vegas criminal case, but concealed that payment in order to avoid paying his Las Vegas co-counsel his $250,000 cut, the local attorney claims in a new lawsuit.
Clark County Jail detainees are subjected to violations of their privacy because of campaign contributions from reality show producers to Sheriff Doug Gillespie, a Las Vegas woman claims in a new lawsuit.
Las Vegas-based race car driver Scott Tucker and his brother were sued by federal regulators Monday over allegations they had scammed consumers who taken out online payday loans.The Federal Trade Commission filed a civil lawsuit in U.S. District Court in Las Vegas against Tucker, his brother Blaine Tucker and several affiliated individuals and companies in Henderson and Las Vegas, as well as in Kansas, Nebraska and Oklahoma.
Righthaven LLC of Las Vegas suffered yet another setback Friday when a federal judge dismissed seven more of its newspaper copyright infringement lawsuits.
A judge has rejected a request by billionaire Sheldon Adelson that a Las Vegas law firm be punished over the public broadcasting of an Adelson deposition video.
Attorneys fighting copyright company Righthaven LLC of Las Vegas on Thursday asked a federal judge to reject claims by its CEO that he's unable to bring the company into compliance with a court order and that he shouldn't be sanctioned.
One of the hotels at Lake Las Vegas in Henderson will be operating under a new name beginning Thursday. The management company for the 493-room Loews Lake Las Vegas is changing its name to the Westin Lake Las Vegas Resort & Spa.