Steve Green

Story Archive

Judge tosses two investors’ suits against MGM Resorts International
Wednesday, March 28, 2012
A federal judge has dismissed two of the six securities lawsuits filed against MGM Resorts International over the decline of its stock price between 2007 and 2009.
Despite improvements, Las Vegas economy still struggling
Wednesday, March 28, 2012
The Las Vegas-area economy continues to struggle with slow growth and high unemployment, two new reports show.
Wynn, Okada fallout continues with shareholder lawsuit
Tuesday, March 27, 2012
Wynn Resorts Ltd. board members, including Steve Wynn and Kazuo Okada, were sued Tuesday by a shareholder who says their conduct has harmed the company.
In fighting sanction, Righthaven CEO complains of foes' 'ambush tactics'
Tuesday, March 27, 2012
The CEO of copyright lawsuit filer Righthaven LLC is complaining that he's the victim of ''unconscionable'' ambush tactics by opposing attorneys in one of several lawsuits filed by the company.
Are Las Vegas home prices still declining? Reports differ
Tuesday, March 27, 2012
New data issued Tuesday sent mixed signals about the Las Vegas-area residential real estate market. Debt rating agency Standard & Poor's issued its monthly S&P/Case-Shiller Home Price Indices, which cover data through January. S&P said Las Vegas-area prices in January fell to June 1996 levels, a post-recession low, as they slipped 0.5 percent from December and were down 9 percent from January 2011.
City of Henderson reverses course on Roadhouse Casino license
Monday, March 26, 2012
Station Casinos LLC of Las Vegas has scored a big win in its lawsuit against the City of Henderson over plans for the closed Roadhouse Casino to reopen as a nonrestricted casino.
Las Vegas Sands facing new suit over 2008 stock price decline
Monday, March 26, 2012
Las Vegas Sands Corp. may be in sound financial condition today, but some shareholders are still trying to recover losses from a steep decline in the company’s stock price in late 2008.
After hitting town with a huge splash, will WinCo be a game-changer in the Las Vegas grocery market?
Sunday, March 25, 2012
In a metro area which is home to at least 185 grocery stores, can WinCo establish a successful long-term presence in Las Vegas with its 24-hour-per-day, warehouse-style discount formula?
The story behind how a ‘Winning Company’ got its name
Sunday, March 25, 2012
Boise, Idaho-based WinCo Foods dates to 1967 but has only carried its current name since 1999 — the result of an employee contest spurred by competition from Walmart.
Will WinCo drive down grocery prices in Las Vegas?
Sunday, March 25, 2012
It remains to be seen whether WinCo’s prices are low enough to drive grocery prices down in the Las Vegas market.
Hard-fought copyright case closed against Righthaven
Saturday, March 24, 2012
In what an attorney calls another ''nail in the coffin'' of Righthaven LLC, a Las Vegas judge has closed another of the copyright company’s noteworthy lawsuits.
Cosmopolitan posts profit on special tax gain
Friday, March 23, 2012
The Cosmopolitan of Las Vegas on Friday posted its first profit, saying it earned $72.6 million during the fourth quarter thanks to a special tax benefit.
Las Vegas casinos, bars fighting $500 million suit over karaoke music tracks
Friday, March 23, 2012
Las Vegas casinos and bars are fighting back against what some attorneys say is an abusive trademark lawsuit involving karaoke performances. The Las Vegas lawsuit involves Slep-Tone Entertainment Corp. of Charlotte, N.C., which regularly sues bars and karaoke jockeys around the country.
Las Vegas tourism improvements lift revenue for the Stratosphere
Thursday, March 22, 2012
The return of tourists to Las Vegas boosted fourth-quarter financial results for the owner of the Stratosphere.
Top copyright litigator withdraws from Righthaven cases
Wednesday, March 21, 2012
Dale Cendali, one of the top U.S. copyright attorneys, made it clear Wednesday that she’s no longer representing struggling copyright enforcement company Righthaven LLC of Las Vegas.
Five Righthaven lawsuits dismissed in Denver
Wednesday, March 21, 2012
Copyright infringement lawsuit filer Righthaven LLC’s legal setbacks continued Tuesday with a federal judge in Denver dismissing five more of its lawsuits.
Creditor seeks $500-a-day fine against Righthaven
Tuesday, March 20, 2012
Copyright lawsuit filer Righthaven LLC of Las Vegas and its CEO may soon face a fine of $500 per day for every day that Righthaven fails to comply with a court order.
State tells some park volunteers it doesn’t want their help anymore
Monday, March 19, 2012
A court fight has erupted over plans by Spring Mountain Ranch State Park west of Las Vegas to end its 38-year relationship with a group of park volunteers called Spring Mountain Ranch Docents.
Las Vegas medical fraud suit to continue
Monday, March 19, 2012
A federal judge has refused to dismiss a lawsuit claiming a network of Las Vegas doctors, attorneys and others received kickbacks in a scheme to defraud Allstate Insurance Co.
Moody's analysts: 'The Las Vegas recovery is under way'
Monday, March 19, 2012
Analysts at Moody's Investors Service in New York have become more optimistic about business conditions for hotel-casino operators on the Las Vegas Strip. Hotel numbers in particular are looking better, Moody's said in a report Monday titled "Las Vegas Strip Gaming Recovery Brightens."
Las Vegas man wins $1.868 million in employment age, retaliation suit
Sunday, March 18, 2012
A Las Vegas pharmaceutical drug sales executive has won $1.868 million in an age discrimination lawsuit against drug company Hoffmann-La Roche Inc.
Top Rank suing boxer, 'poachers'
Sunday, March 18, 2012
Las Vegas-based Top Rank Inc. is suing undefeated featherweight boxing champion Yuriorkis Gamboa after Gamboa backed out of an April 14 fight set for Mandalay Bay.
After lengthy hearing, it's clearer than ever that Harmon is doomed to demolition
Sunday, March 18, 2012
It’s almost certain that the Harmon hotel tower in Las Vegas — which a top CityCenter executive calls a “monument of construction defects” — will be demolished sooner or later in spectacular and unusual fashion. What’s unusual for the Harmon is that it’s a brand-new, almost-completed structure.
1 OAK clubs suing L.A. nightclub booker in trademark dispute
Friday, March 16, 2012
The swank 1 OAK nightclubs in Las Vegas and New York are suing a California man they claim is infringing on 1 OAK trademarks. Butter IPH LLC, a 1 OAK holding company, filed suit Friday in federal court in Las Vegas against Jayson Sanchez, who has a company in Los Angeles called "1oak Entertainment Group.''
Righthaven sports-betting lawsuit thrown out
Friday, March 16, 2012
A copyright infringement lawsuit over sports-betting content involving Righthaven LLC was thrown out of court Friday by a Nevada federal judge.
Beers hits Las Vegas City Council opponent Truesdell with libel suit
Friday, March 16, 2012
Businessman Bob Beers has filed a libel and defamation lawsuit against his Las Vegas City Council election foe, Las Vegas Planning Commissioner Ric Truesdell.
Harmon implosion hearing recessed until July
Friday, March 16, 2012
Four days of hearings this week failed to resolve whether CityCenter can demolish its Harmon hotel tower on the Las Vegas Strip prior to a jury trial on defective work there — and a new round of hearings is now set for July.
Two more Righthaven appeals dismissed
Thursday, March 15, 2012
The step-by-step demise of Righthaven LLC continued Thursday when two of its own appeals were dismissed because of Righthaven’s failure to prosecute them.
Palms says Playboy Club to close, ending partnership
Thursday, March 15, 2012
The Palms in Las Vegas on Thursday said the Playboy Club there will close for undisclosed reasons. A spokesman was asked how many employees would be affected and what the Playboy Club space will be converted to, but he said the resort had no further details.
Perini lawyer says Harmon is safe; thorny issues compel call for more hearings
Thursday, March 15, 2012
Don’t look for a quick decision on whether the Harmon hotel tower in Las Vegas can be imploded because of construction defects and safety concerns.
R-J copyright to be auctioned following Righthaven’s collapse
Wednesday, March 14, 2012
U.S. District Judge Philip Pro has signed an order transferring any interests Righthaven has in its 278 copyright registrations and its trademark to a receiver.
Reports indicate improvements in Las Vegas real estate market
Wednesday, March 14, 2012
The Las Vegas-area real estate market improved in February, two reports issued this week show. Home Builders Research reported 310 new-home sales locally in February, lifting the total for the year to 526. The two-month total is up by 57 sales, or 12.2 percent, from the same period in 2011.
Judge in Harmon case refuses to allow attorneys to place blame
Tuesday, March 13, 2012
A judge Tuesday refused to let attorneys stray into side issues as she weighs whether the Harmon hotel tower on the Las Vegas Strip can be demolished.
Wynn Resorts says it's eager to fight Okada's counterclaim in court
Tuesday, March 13, 2012
Casino-resort owner Wynn Resorts Ltd. of Las Vegas on Tuesday criticized as ''scurrilous'' the counterclaim filed against the company Monday by board member Kazuo Okada and his companies.
A quake could topple the Harmon, engineer testifies in Strip case
MGM Resorts, Perini square off in first day of court clash
Tuesday, March 13, 2012
A hearing is under way on CityCenter’s request that it be allowed to demolish the never-occupied, $279 million Harmon hotel building on the Las Vegas Strip because of construction defects and safety concerns.
Board member Kazuo Okada files counterclaim against Wynn Resorts
Monday, March 12, 2012
Wynn Resorts Ltd. board member Kazuo Okada hit the company and its directors with a lawsuit counterclaim Monday disputing the validity of Wynn’s redemption of his shares at a discount.
In dispute with Wynn, Okada cites ambiguities in U.S. anti-bribery law
Monday, March 12, 2012
Attorneys for Wynn Resorts Ltd. board member Kazuo Okada signaled Monday that he would cite ambiguities in a federal anti-bribery law in defending against a Wynn Resorts lawsuit.
Nevada gaming agents cleared in dispute over overpayment at baccarat table
Sunday, March 11, 2012
Two state Gaming Control Board agents can’t be sued for allegedly arresting a Reno gambler on suspicion that he failed to re-pay a casino a $950 overpayment, an appeals court ruled Friday.
Digital freedom group gains another victory over R-J, Righthaven
Sunday, March 11, 2012
Digital freedom group the Electronic Frontier Foundation (EFF) has won another victory against the Las Vegas Review-Journal and its copyright enforcement partner.
Sunrise Hospital sued by nurse fired in catheter incidents
Friday, March 9, 2012
A nurse investigated in the death of an infant at Sunrise Hospital filed suit Friday claiming she was defamed, wrongfully fired and made a scapegoat for hospital administrators — whom she claims conducted a shoddy investigation.
Tropicana Entertainment loses $13.6 million in fourth quarter
Friday, March 9, 2012
Tropicana Entertainment Inc. of Las Vegas posted a smaller loss in the fourth quarter than the same period a year earlier, the company disclosed in its annual report this week.
Figures in Las Vegas HOA fraud probe hit with civil lawsuit
Friday, March 9, 2012
Key figures in the Las Vegas-area homeowner association criminal investigation have now been hit with a class-action civil lawsuit. The suit was filed Tuesday in Clark County District Court.
Tropicana Las Vegas clubs under new ownership yet again
Thursday, March 8, 2012
The nightclub and dayclub at the Tropicana in Las Vegas have been sold and will be rebranded for the third time in a year. The buyer is the New York-based ONE Group, which has clubs and restaurants around the country including STK restaurant at the Cosmopolitan of Las Vegas.
Judge threatens to dismiss 7 more Righthaven lawsuits
Thursday, March 8, 2012
The gradual demise of copyright lawsuit filer Righthaven LLC continued Thursday, with a judge in Las Vegas threatening to dismiss seven more of its lawsuits.
Las Vegas-based Righthaven tried to profit with 275 no-warning copyright infringement lawsuits filed in the past two years.
Wynn board member Okada mostly fails in initial document bid
Thursday, March 8, 2012
Wynn Resorts Ltd. board member Kazuo Okada will have to try harder to gain detailed financial information from the casino-resort giant after a court ruling Thursday.
Las Vegas last in new export growth report
Wednesday, March 7, 2012
The Las Vegas area ranked last among the nation’s 100 largest metro areas in the growth of exports from 2009 to 2010, a study released Wednesday shows.
Problems pile up for Righthaven with new ruling
Wednesday, March 7, 2012
Legal problems are snowballing for Las Vegas copyright lawsuit filer Righthaven LLC, with a judge on Wednesday entering yet another judgment against the firm.
Las Vegas shopping center files for bankruptcy reorganization
Wednesday, March 7, 2012
Problems with another Las Vegas commercial real estate loan resulted in yet another bankruptcy filing on Wednesday.
SEC alleges Las Vegas company defrauded investors
Wednesday, March 7, 2012
In a statement Wednesday, the SEC said the company had issued false and misleading press releases that touted lucrative agreements for the company’s food and beverage products.
Global Cash Access of Las Vegas sees 4th-quarter profits improve
Wednesday, March 7, 2012
Casino supplier Global Cash Access Holdings Inc. of Las Vegas on Tuesday said its fourth-quarter profit improved thanks to lower costs and its acquisition of a competitor.