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Shuffle Master looking for new CEO after health issues worsen
Monday, April 26, 2010
Las Vegas-based casino supplier Shuffle Master Inc. today said it's searching for a new CEO because, based on his medical condition, Timothy J. Parrott, "shall no longer serve as the company’s CEO or as a member of its board of directors.''
NV Energy cites lower costs, rate hike in narrowing loss
Monday, April 26, 2010
NV Energy Inc., the main electric utility in Nevada, today said it narrowed its first quarter loss as fuel and purchased power costs declined.
Shuffle Master CEO taking leave of absence for health issues
Wednesday, April 21, 2010
Las Vegas-based casino supplier Shuffle Master Inc.'s CEO is taking a medical leave of absence expected to last four to six weeks.
Spike in fuel costs lowers Allegiant profit
Tuesday, April 20, 2010
Las Vegas airline operator Allegiant Travel Co. on Monday reported a lower first quarter profit as fuel costs soared 72 percent.
Harrah's to host job fair in search for 500 workers
Monday, April 12, 2010
Harrah’s Entertainment is looking to hire 500 workers for positions at its Las Vegas casinos. The casino operator announced today that it is looking to fill 125 full-time positions and 375 temporary, on-call or part-time positions.
Las Vegas visitor numbers hold steady in February
Thursday, April 8, 2010
The number of visitors to Las Vegas in February held steady compared to a year ago, according to numbers released this afternoon by the Las Vegas Convention and Visitors Authority.
March home sales get boost, prices up slightly
Wednesday, April 7, 2010
The arrival of spring brought out more homebuyers in March with sales rising 33 percent over February and prices getting a slight boost as well, according to statistics released Wednesday.
Green Valley Ranch named 'casino of the year' for country music support
Tuesday, April 6, 2010
Green Valley Ranch hotel-casino in Henderson today was named "casino of the year" by the Academy of Country Music for its support of country music.
Western Alliance Bancorporation names president
Tuesday, April 6, 2010
Kenneth A. Vecchione on Monday was named president and chief operating officer of Las Vegas-based bank holding company Western Alliance Bancorporation. This is a newly created position.
Newseum chronicles Elvis' meteoric rise
Tuesday, April 6, 2010
http://www.washingtonpost.com/wp-dyn/content/article/2010/04/05/AR2010040504469.html
Tropicana Las Vegas names vice president of sales
Wednesday, March 24, 2010
Joni Peru has been named vice president of sales for Tropicana Las Vegas. Peru is responsible for convention sales and services, catering and audio visual for the hotel-casino.
McCarran passenger traffic fell 6.2 percent last month
Monday, March 22, 2010
Passenger traffic at McCarran International Airport last month was down 6.2 percent compared to February 2009, airport officials said today.
Moody's: Debt rating outlook for MGM Mirage is stable
Thursday, March 18, 2010
Moody's Investors Service today affirmed MGM Mirage's debt ratings, including its "Caa1 Corporate Family Rating;" and raised the company's "Speculative Grade Liquidity" rating to SGL-3 from SGL-4.
N.Y. business leader to become Las Vegas Chamber president
Tuesday, March 16, 2010
The leader of the largest business association in New York will become the new president and chief executive of the Las Vegas Chamber of Commerce.
Commercial real estate projects earn honors
Sunday, March 14, 2010
The Freeman building and Corporate Center VI (2360 Corporate Circle) in Green Valley won "Best Building" honors for Southern Nevada at the 13th Annual NAIOP Spotlight Awards on Saturday.
Companies announce plans for wind turbine manufacturing plant
Plant in the Las Vegas area would employ about 1,000 people
Thursday, March 11, 2010
A consortium of companies announced plans today to develop a plant in the Las Vegas area that would employ about 1,000 people for manufacturing wind turbines. The 320,000-square-foot plant would be one of the largest manufacturing employers in Southern Nevada.
Gaming companies say thank you to Harry Reid in bright lights
Wednesday, March 10, 2010
Las Vegas gaming companies were showing in a very public way their appreciation to Senate Majority Leader Harry Reid for his role in ushering tourism legislation through Congress.
Coroner: Death of Hard Rock hotel chief a suicide
Wednesday, March 10, 2010
The Clark County Coroner’s Office ruled that Las Vegas Hard Rock Hotel and Casino President Randy Kwasniewski died Tuesday of a single self-inflicted gunshot wound to the head.
Las Vegas visitor numbers see increase for fifth month
Wednesday, March 10, 2010
The number of visitors to Las Vegas in January increased over the same month a year ago, according to figures released today. The Las Vegas Convention and Visitors Authority said 2,877,716 people visited Las Vegas in January, which is up from 2,765,916 visitors in January 2009 -- and increase of 4 percent.
Hard Rock Hotel president found dead of gunshot wound
Tuesday, March 9, 2010
Las Vegas Hard Rock Hotel and Casino President Randy Kwasniewski was found dead this morning in his Summerlin home, the company said today.
Lenders give MGM Mirage more time to pay debt
Friday, Feb. 26, 2010
MGM Mirage today said lenders representing about $4.37 billion of its debt have agreed to new terms giving the hotel-casino operator more time to pay off that debt.
Profits grow for Southwest Gas Corp.
Thursday, Feb. 25, 2010
Southwest Gas Corp. of Las Vegas today said its fourth quarter profit grew, despite an increase in costs for the natural gas seller.
Feds to send $1.3 million to fight Las Vegas foreclosures
Thursday, Feb. 25, 2010
WASHINGTON -- The Housing and Urban Development Department and Senate Majority Leader Harry Reid announced today $1.3 million in resources to help Las Vegas and Clark County better tap federal funds to stabilize neighborhoods hard hit by the foreclosure crisis.
Culinary Union alleges unfair labor practices at Station Casinos
Thursday, Feb. 25, 2010
Station Casinos Inc. and the Culinary Union traded barbs today over the union’s effort to organize Station workers. The Culinary Union said it filed an unfair labor practice charge against the company with the National Labor Relations Board alleging more than 100 incidents of threatening, surveilling, assaulting and intimidating workers for their union activities.
Airport passenger counts hold steady in January
Wednesday, Feb. 24, 2010
The number of passengers at McCarran International Airport held steady in January compared to a year earlier, airport officials said today.
Wynn Resorts enters Philadelphia casino agreement
Tuesday, Feb. 23, 2010
Wynn Resorts Ltd. of Las Vegas today said it reached a partnership and management agreement for a casino on the Philadelphia waterfront. The agreement is subject to the satisfaction of certain conditions.
Harrah's officially takes over Planet Hollywood
Friday, Feb. 19, 2010
Harrah’s Entertainment officially assumed ownership of the Planet Hollywood Resort & Casino today. The Nevada Gaming Commission unanimously approved the takeover Thursday.
Rate hike helps NV Energy swing to profit in quarter
Monday, Feb. 8, 2010
NV Energy Inc. today reported a fourth quarter profit of $4.2 million, or 2 cents per share -- a reversal from its loss of $2.1 million, or 1 cent per share, for the same period in 2008. Revenue of $772.9 million was up from $766.1 million, with the company attributing most of the increase to a rate hike.
Company acquires Travelocity subsidiary, plans Las Vegas ticket kiosks
Thursday, Feb. 4, 2010
Miami-based Entertainment Benefits Group has acquired Travelocity on Location, a Travelocity.com subsidiary, and will operate 30 Las Vegas ticket sales locations. Alissa Bavli, vice president of sales and marketing for EBG, said the acquisition is a move by the company to branch out.
Casino supplier Mission Industries names president
Tuesday, Feb. 2, 2010
Casino industry supplier Mission Industries of North Las Vegas today named Grover Ferguson as president and chief executive officer. He succeeds Doc Wiener.
Bank of Nevada names chairman to board of directors
Tuesday, Feb. 2, 2010
Bank of Nevada announced today that Don Snyder has been elected chairman of its board of directors. He succeeds Art Marshall, who retired.
Viad Corp. changes name of Vegas-based convention business
Tuesday, Feb. 2, 2010
Phoenix-based Viad Corp. has changed the name of its Las Vegas-based convention and trade show business from GES Exposition Services Inc. to Global Experience Specialists Inc. (GES).
Outlook improves for owner of Nevada State Bank
Wednesday, Jan. 27, 2010
Shares of Zions Bancorporation -- owner of regional banks including Nevada State Bank -- rose this week after Zions posted a narrower loss than Wall Street expected, reflecting an easing of problems in its loan portfolio.
Las Vegas Sands executive gets $200,000 raise
Monday, Jan. 25, 2010
A Las Vegas Sands executive is getting a salary increase, according to a Securities and Exchange Commission filing today.
FDIC OKs plans to consolidate local banks
Thursday, Jan. 21, 2010
Capitol Bancorp Ltd. on Thursday said the Federal Deposit Insurance Corp. approved previously announced plans to consolidate four of its local financial institutions: Desert Community Bank, Red Rock Community Bank, Black Mountain Community Bank and Bank of Las Vegas.
Passenger traffic down 2.1 percent last month at McCarran
Thursday, Jan. 21, 2010
Passenger traffic at McCarran International Airport last month was down 2.1 percent compared to December 2008.
City to offer free business seminars
Friday, Jan. 15, 2010
If you'd like to learn some basics about running a small business, the city of Las Vegas is planning another series of free seminars in February.
Rory Reid announces effort to make UMC a teaching hospital
Wednesday, Jan. 13, 2010
Clark County Commissioner Rory Reid announced this morning a plan that includes former University Chancellor Jim Rogers to transform University Medical Center into a public-private teaching hospital. Reid's announcement will transform UMC into a "top-flight teaching hospital," he said. Rogers will lead an effort to look at successful models around the country that will include members of the education and medical communities, and the private sector.
Board for casino supplier IGT elects company director
Tuesday, Jan. 12, 2010
Casino industry supplier International Game Technology of Reno announced today that its board of directors elected Paget L. Alves to serve as a director for the company.
Las Vegas ONE to end operations today
Friday, Jan. 8, 2010
The cable television news channel Las Vegas ONE announced Friday it’s ceasing operations Saturday and will be disbanded after nearly 12 years of operation.
Tropicana names vice president of entertainment
Monday, Jan. 4, 2010
The Las Vegas Tropicana hotel-casino last week announced the appointment of Lee Ann Groff-Daudet as vice president of entertainment.
Hard Rock Hotel opens new all-suite tower
News media get glimpse of latest rooms to open in Las Vegas
Monday, Dec. 28, 2009
The Hard Rock Hotel & Casino’s all-suite HRH Tower welcomed its first guests Monday. The new tower includes 359 "standard" suites, seven penthouses and eight spa villas with direct access to Hard Rock’s new pool area set to open in the spring. The news media were allowed inside the towers Monday. Hard Rock executives have said they will target luxury-seeking guest with the new suites. The HRH Tower will offer a separate entrance and guest check-in area.
Harrah’s wins contract extension to manage Arizona tribal casino
Tuesday, Dec. 22, 2009
Harrah’s Entertainment Inc. of Las Vegas today said it won a five-year extension of its contract to manage the Ak-Chin Indian Community’s hotel-casino in Arizona.
Steve Wyrick says he expects theater to reopen before month's end
Monday, Dec. 14, 2009
Representatives for illusionist Steve Wyrick still can't be reached for comment on why his Las Vegas theater and magic show abruptly closed last week -- but Wyrick indicated today he expects to reopen the theater.
CityCenter unveils financing program for condo buyers
CityCenter closings are scheduled to begin in January
Wednesday, Dec. 9, 2009
Three weeks before CityCenter starts closing on condominiums, it unveiled a program today to provide financing to some buyers and help others arrange for the loans they need. CityCenter buyers have been awaiting word on the program because of the difficulty in obtaining high-end loans to purchase condominiums.
Harrah's moves ahead with possible Planet Hollywood acquisition
Monday, Nov. 30, 2009
Harrah’s Entertainment has filed an application with state gaming regulators to acquire Planet Hollywood Resort and Casino, the Nevada Gaming Control Board said today.
CityCenter launches Web site to show property
Wednesday, Nov. 18, 2009
MGM Mirage today unveiled its new CityCenter Web site, www.citycenter.com, which offers visitors an interactive look at the $8.5 billion resort complex that begins opening next month on the Las Vegas Strip.
Gaming Partners reports quarterly loss on charge
Thursday, Nov. 12, 2009
Gaming Partners International Corp. of Las Vegas, which makes casino currency and table game equipment, today announced a loss as it wrote down the value of assets to reflect the recession's affect on its business.
Banks end plan for 1st Commerce acquisition
Thursday, Nov. 12, 2009
Western Liberty Bancorp's deal to buy 1st Commerce Bank of North Las Vegas has been canceled.
Las Vegas Sands moves forward with Macau project
Wednesday, Nov. 11, 2009
Las Vegas Sands Corp. is accelerating activity in Macau, launching its initial public offering road show for investors and planning to resume construction on a stalled project there within months, reports said today.