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Atlantic
City
May 31 2001
AC casinos
at odds with inspector over fire safety
ASSOCIATED PRESS
ATLANTIC CITY -- The man who runs the inspection bureau for the Atlantic
City Fire Department says the resort city's casinos have serious fire
safety problems.
More...
May 30 2001
Internet wagering
pushed at A.C. parley
ATLANTIC CITY - Europeans have been
placing bets online since the mid-1990s, but so far, U.S. gaming
companies and industry regulators have been unwilling to embrace
the concept.
More...
May 27 2001
Entry
into Internet Gaming Should Be Delayed, Casino Leaders Say
ATLANTIC CITY, N.J.--Executives for two of the world's largest
casino companies said Thursday it's time to put the brakes on
the industry's move toward Internet gambling even though both of
their companies operate Web sites where customers can wager for
prizes rather than money.
More...
May 25 2001
Gaming
Company Linking Brands across Atlantic City, N.J., Boardwalk
The gaming company is the world's largest, and when its purchase
of the Claridge Casino Hotel closes June 1, it will own four
casinos in Atlantic City -- more than any competitor.
More...
May 21
2001
A.C.
gaming convention focuses on views of experts
ATLANTIC CITY — After tinkering with formats and names for
four years, the now-titled Mid-Atlantic Gaming Congress has
settled on what it believes is its strength: showcase panels.
More...
May 21
2001
Trop
gamblers to make blatant grabs for cash
Tropicana Casino and Resort soon will be taking slot-machine
players to new heights.
Literally.
The casino is installing an elevated “Fortune Dome,” in
which qualifying gamblers will be whisked by elevator above the
gaming floor and thrust into a sphere with $25,000 in cash
whirling around them. The object: Grab as many of the bills as
possible within a limited, and yet unspecified, time.
More...
May 16
2001
MGM:
Jury’s land award to hurt Atlantic City
Last week’s jury award of $225 per square foot of land in a city
condemnation case could have a chilling effect on casino and business
development in Atlantic City, a prominent casino executive said.
More...
May 14
2001
A.C. officials approve
expansion of Tropicana
ATLANTIC CITY, N.J. -- Tropicana Casino and
Resort's plan to add a 500-room hotel tower and a retail-entertainment
complex has been unanimously approved by the Atlantic City Zoning Board.
More...
May 14
2001
Guccione land draws
interest of state agencies
ATLANTIC CITY — Two state agencies are eyeing property that Penthouse
magazine publisher Bob Guccione will be forced to sell unless he cuts a
last-minute deal to pay off millions of dollars of debt.
More...
May
14
2001
MGM:
Jury’s land award to hurt Atlantic City
Last week’s jury award of $225 per square foot of land in a city
condemnation case could have a chilling effect on casino and business
development in Atlantic City, a prominent casino executive said.
More...
May 14
2001
Sands new
owner Icahn cleared for N.J. license
ATLANTIC CITY — No Carl Icahn, no problem.
With Icahn presiding over a charitable fund-raiser in New York, the Casino
Control Commission needed only a 15-minute hearing to find the billionaire
financier fully qualified to hold a New Jersey gaming license.
More...
May 12
2001
A.C. officials approve
expansion of Tropicana
ATLANTIC CITY, N.J. -- Tropicana Casino and
Resort's plan to add a 500-room hotel tower and a retail-entertainment
complex has been unanimously approved by the Atlantic City Zoning Board.
More...
May
12
2001
New
Jersey Casino's Billionaire Owner Receives His Casino License
Although he wasn't there to receive
it, businessman Carl Icahn got his New Jersey casino license yesterday.
While Icahn attended a fund-raiser in New
York, officials in Atlantic City expressed hope that the billionaire would
continue to provide a much-needed boost to the troubled Sands Hotel and
Casino. He has invested $65 million into the casino since he bought it out
of bankruptcy last year.
More...
May
7
2001
Tropicana
expansion opponents want cash
ATLANTIC CITY —
Condominium owners fighting a planned $225 million expansion at
the adjacent Tropicana Casino and Resort say they would drop
their opposition in exchange for cash and other concessions from
the casino.
More...
May 4
2001
Poor economy
shows in casinos' April win
ATLANTIC CITY - The economic downturn might finally be hitting the city's
casino floors, experts say. The casino industry was unable to escape its
first-quarter doldrums last month, reporting a 3.7 percent decline in
gross gaming revenue.
More...
May
3
2001
Cash flow
triples at Resorts
ATLANTIC CITY - The bad first-quarter weather that depressed profits at
other casinos was no problem for Resorts Atlantic City.
More...
May 3
2001
Las Vegas
Review-Journal Gaming Chips Column
ODDS ADVERTISING HAD LITTLE EFFECT
ON INDUSTRY: For 22 years, Atlantic City casinos were pleased with a law
that prohibited them from advertising odds and slot-machine payouts. In
fact, in 1993 they successfully quashed a proposed repeal of that law,
fearing an odds war that would crimp profits. Last
year, however, the Division of Gaming Enforcement notified the city's
dozen casinos that it would no longer enforce the advertising ban, saying
that in the wake of a Supreme Court ruling it would likely be found
unconstitutional on free-speech grounds.
More...
May
2
2001
Fix
is near for free-credit slots
ATLANTIC CITY — The remaining WMS Gaming slot machines susceptible to
cheating should be fixed by the end of today, the state’s gaming-
technology chief said Monday.
More...
Biloxi
May
30 2001
Beau Rivage
changes focus
BILOXI, Miss. -- Club Beau Rivage offered slot gamblers a gift for earning
500 points last month: a set of barbecue utensils with the Beau Rivage
logo.
More...
May 27 2001
Biloxi,
Miss.-Area Eateries Do Well with Help of Local Casinos
BILOXI, Miss.--The maze of 64 specialty
restaurants, snack bars and all-you-can-eat buffets that exist today
inside the Coast's 12 casinos would have scared the daylights out of local
restaurants a decade ago.
Instead, the casinos have brought in more
business than they have gobbled up, food industry panelists told the
Biloxi Breakfast Club on Thursday morning. More noncasino restaurants are
probably on the horizon, they said.
More...
May 25 2001
Miss.
casinos hurt by soft economy, fuel prices
AP - JACKSON, Miss. -- Paying for heat and gas is keeping patrons from
spending money in casinos, industry officials say. Business layoffs also
contributed to casino revenues falling in April.
More...
May
24 2001
Crusade to
stop growth of gambling failing in Louisiana
NEW ORLEANS -- Less than two years ago
the plugs were pulled on 4,200 video poker machines at the
mandate of Louisiana voters. Now the number of machines has just
about rebounded to the pre-shutdown level.
More...
May 14
2001
Park
Place to be dominant in gaming, its chief vows
Although Park Place
Entertainment Corp. is the world’s largest and most profitable casino
company, it’s just beginning to realize its potential, CEO Thomas
Gallagher said Friday.
More...
May 13
2001
Mississippi
Leaders Recognize the Business Impact of Gambling
BILOXI, Miss.--Gov. Ronnie Musgrove invited visiting casino officials from
across the country to take a good long look at Mississippi, particularly
the Coast, and consider bringing their businesses here.
More...
May 9
2001
Mississippi casino
expanding
BAY ST. LOUIS, Miss. -- Casino Magic in Bay St.
Louis has received permits for construction of a $35 million, 300-room,
14-story hotel.
More...
May 8
2001
Fire
breaks out at Mississppi casino
ROBINSONVILLE, Miss. - A fire broke out Friday at the Grand Casino and
Hotel, sending smoke into the huge gambling hall. There were no reports of
injuries.
More...
May 2
2001
Casino employees
implicated
BILXOI, Miss. -- Craps dealers at two Biloxi
casinos were arrested over the weekend in what Mississippi regulators say
is a continuing investigation into cheating.
More...
May 1
2001
Casino
revenue up in March
JACKSON, Miss. -- Mississippi casino
revenue rose slightly in March with the 30 state-regulated
casinos bringing in $243.2 million.
More...
International
May 31 2001
Gambling
regulator resigns
KINGSTON, Jamaica -- A government minister
who was responsible for overseeing the Jamaican gambling industry
resigned on Tuesday, two days after newspaper reports said he wrote
bad checks while playing slot machines.
More...
May
29 2001
PBL
bets on Net move to Vanuatu
The Internet
gaming division of the Packer family's Publishing & Broadcasting
Ltd empire is preparing to pack its bags for Vanuatu to escape the
Australian Government's ban on online gambling and fulfill PBL's
ambition to broaden its earnings base.
More...
May 28 2001
Ho
exploits legal loophole on bets
CASINO tycoon Stanley Ho Hung-sun is exploiting loopholes in Hong
Kong law to step up his campaign to lure punters on to an offshore
gambling website.
More...
May 26 2001
Packer, Trump,
MGM MIRAGE studying Taiwan casino opportunity
LAS VEGAS SUN
Three more casino companies, including Las Vegas-based MGM MIRAGE,
have expressed an interest in developing a resort on an island chain
off the coast of Taiwan, published reports say.
More...
May
23 2001
Efforts
to regulate South African online gambling
The
South African National Gambling Board, the statutory body charged
with the regulation of the gambling industry, has spent hundreds of
thousands of rands on developing legislation aimed at regulating
Internet casinos.
More...
May
22 2001
Israeli
stake in Rhodes casino
RHODES - Resido, a
subsidiary of publicly traded Israeli investment companies
Queenco and Milomour, with a 65 percent stake in the Rhodes
casino, is aiming to attract high-rollers with the construction
of a 32-suite boutique hotel, which will be rented out at
$10,000 a night per suite
More...
May
18
2001
Sun
International opens Zambia hotels
South African gaming and hotel group Sun International (South
Africa) has officially opened two new hotels in Zambia's tourist
resort of Livingstone.
More...
May
10
2001
Tokyo
governor suggests building casinos
TOKYO, Japan (Reuters) --
Tokyo's maverick governor, Shintaro Ishihara, said on Monday
Japan should consider setting up casinos as a way to alleviate
the pains of structural reform, such as unemployment.
More...
May 10
2001
Mall owner buying back
stock
TORONTO -- TrizecHahn Corp., a Canadian real
estate company that owns the Desert Passage mall at the Aladdin resort on
the Las Vegas Strip, said it will buy back up to 10.3 million shares, or
about 10 percent of shares eligible for trading.
More...
May
8
2001
Gambling
ban could end TV game shows
AUSTRALIA'S commercial TV stations have opposed parts of the
federal Government's interactive gambling bill while arguing for
the exemption of telephone betting to be extended to interactive
TV datacasting services.
More...
May
8
2001
Nine
arrested in Saudi gambling crackdown
RIYADH, Saudi Arabia -- Saudi security forces have arrested nine
Filipino members of a sophisticated gambling ring who used the
Internet to advertise their services and connect to a Thai
gambling website, police said in a statement today.
More...
May
1
2001
SM
property to house new casino in Tagaytay
STATE-OWNED Philippine
Amusement and Gaming Corp. (Pagcor) is finalizing a deal with
the group of retail tycoon Henry Sy for the opening of a new
9,000-square-meter casino inside the SM group’s Tagaytay
property this July.
More...
Reno
May
26 2001
Reno Sets New Record
High for Date
RENO, Nev. (AP) - A record-high temperature fell
in Reno again Wednesday as the mercury soared to 94 degrees, the fourth
time this month a new high for the date was set.
More...
May
26 2001
Manteris to head
sports books
Art Manteris, who has held sports book
management positions in some of Las Vegas' best known casinos, was named
vice president of race and sports at Station Casinos Inc.
More...
May
1 2001
Casino deal ends
longtime Lake Tahoe rivalry
RENO, Nev. (AP) - When Harrah's Entertainment
Inc. announced plans to acquire Harveys Casino Resorts last week, it
signaled the end of an era at Lake Tahoe.
More...
Las
Vegas
May 31 2001
Number of
Memorial Day visitors on the rise despite slowing visitor growth
Las Vegas (AP) - A record-breaking number
of visitors descended on the famous Las Vegas Strip over Memorial
Day weekend.
More...
May 31 2001
Internet
gambling bill may rise again
CARSON CITY -- The bill to allow Nevada
casinos to become the first in the nation to offer Internet gambling
died quietly in the Senate Monday, but supporters say it will rise
again in the next few days.
More...
May 30 2001
Wynn
says Aruze still his partner in Desert Inn
LOS ANGELES (Reuters) - Casino mogul Steve Wynn said Friday that tax
issues facing the Japanese investment partner in his venture to
build a mega-resort on the site of the old Desert Inn in Las Vegas
have not affected the partnership, and that a ground breaking will
likely occur in the fall.
More...
May 30 2001
Anticipation
Continues as Las Vegas Casino Ponders Loan Payments
Strip casino executives and the financial community will likely wait
until Thursday to see whether the majority owners of the Aladdin
make payments totaling $8.7 million to avoid a technical default on
the property's bank loans.
More...
May 30 2001
Two
Vegas Casinos Ban Poker-Room Smoking
LAS
VEGAS
--
The Bellagio and Mirage casinos will ban smoking in their poker
rooms starting Friday, because a trial ban proved
"overwhelmingly positive," casino executives announced.
The decision was made largely at the request of Californians who
enjoy smoke-free environments back home, said Robert Baldwin,
president and CEO of Mirage Properties.
More...
May 28 2001
Keeping
big-shot gamblers from riff-raff
LAS VEGAS - The casinos in this desert city are trying to save the
whales - "whales" being their term for the most elite high
rollers.
More...
May 28 2001
Casinos are
elated over Reid's promotion
Casino industry leaders were ecstatic
today over the news that Sen. Harry Reid, D-Nev., will become the
second most powerful member of the Senate.
More...
May
27 2001
Report says new
deal possible for Desert Inn
Casino developer Steve Wynn is looking for
new partners for the megaresort he plans at the site of his Desert
Inn resort on the Las Vegas Strip, Reuters News Service reported.
More...
May 27 2001
Casinos' 'Save
the Whales' campaign is succeeding
A "Save the Whales" campaign of
a different sort is going on in Las Vegas -- only this one has
nothing to do with the ocean and everything to do with gambling.
More...
May 26 2001
Casinos are
elated over Reid's promotion
Casino industry leaders were ecstatic
today over the news that Sen. Harry Reid, D-Nev., will become the
second most powerful member of the Senate.
More...
May 26 2001
Manteris to head
sports books
Art Manteris, who has held sports book
management positions in some of Las Vegas' best known casinos, was
named vice president of race and sports at Station Casinos Inc.
More...
May 26
2001
Litigation
arises over Scintas show
A Las Vegas entertainment agent that
represents a production show at the Rio hotel-casino has sued
another agent, alleging fraud.
More...
May 25 2001
Vegas casinos
want privacy for high rollers
LAS VEGAS (AP) - A "Save the
Whales" campaign of a different sort is going on in this desert
city - only this one has nothing to do with the ocean and everything
to do with gambling.
More...
May 25 2001
Regent picks Peccole
as preferred buyer
A prominent Las Vegas real estate developer
whose focus has been in shopping malls and upscale residential properties
has produced the best offer to buy the bankrupt Regent Las Vegas resort,
the property's restructuring team said.
More...
May 25 2001
Jobless benefits for
fired housekeeper at issue
The Mirage hotel-casino sued to reverse a
decision by the state Employment Security Department to award unemployment
benefits to a housekeeper whom it said was terminated for allegedly
assaulting a supervisor.
More...
May
24 2001
LV gaming company
investing in real estate to help cut tax bill
Archon Corp. of Las Vegas announced it acquired
two East Coast office complexes in March for $148.2 million.
More...
May
24 2001
Agendas differ for Las
Vegas casinos, Hollywood
The Hollywood film industry is asking Las Vegas
to provide it with more sound stages and post-production centers so it can
film more movies here.
More...
May
24 2001
Nevada Internet
gambling bill clears committee
CARSON CITY -- Nevada would be the first state
to approve Internet gambling under a bill passed by the Senate Judiciary
Committee Monday.
More...
May
24 2001
Company posts gain
from business sale
Casino Journal Publishing Group Inc. of Las
Vegas reported net income of $1.32 million, or 20 cents a share, for the
quarter ended March 31.
More...
May
23 2001
Icahn's
Stratosphere Casino Hotel and Tower to Add Outdoor Events Center as
Component of $75 Million Expansion Project
LAS VEGAS--(BUSINESS WIRE)-- The Stratosphere Casino Hotel and Tower will
add an outdoor event center as part of its $75 million expansion project.
The new venue will host headline entertainment and special events, such as
world-class boxing, announced Stratosphere officials. The outdoor event
center will be located on the north side of the property -- the entrance
adjacent to the Stratosphere Buffet. The venue will seat 3,750 guests.
Seating will consist of 2,140 bleacher seats and 1,610 chairs.
Construction is scheduled to begin in late June with a launch date of
early September.
More...
May
22 2001
Casino Owner Mandalay Resort Group
Reports Increase for Las Vegas Hotels
A surge in guests at Mandalay Resort
Group's Las Vegas hotels boosted first-quarter earnings to $47.3 million,
or 61 cents a share.
More...
May
20
2001
Las
Vegas Casino May Ask Banks to Reschedule Payments
Aladdin Gaming Chairman Richard Goeglein is preparing to ask bankers for
the financially troubled megaresort to reschedule upcoming debt payments,
as a May 29 deadline looms for an $8.7 million payment to avoid a
technical default on the property's bank loans, a knowledgeable source
said Thursday.
More...
May
20
2001
Mortensen claims poker
championship
For the second time in three years, poker's
ultimate championship rests in the hands of a European. Seven
hours into a marathon final session, Spaniard Carlos Mortensen snared a
king-high straight on his final card Friday night to emerge victorious in
the championship game of the World Series of Poker at Binion's Horseshoe
in Las Vegas. In addition to the gold bracelet of the champion, the
29-year-old poker pro from Madrid received a $1.5 million payday.
More...
May 19
2001
Casinos win round
versus porn handbills
CARSON CITY -- Casinos along the Las Vegas Strip
have won a preliminary battle in the Nevada Supreme Court to stop the
distribution of pornographic handbills on the private sidewalks in front
of their properties.
More...
May 19
2001
Nevada regulators
changing method of tracking slot win
Nevada gaming regulators are in the process of
changing the way the state's casinos must track their slot winnings, a top
official with the state Gaming Control Board said Thursday.
More...
May 19
2001
Mikohn chief disputes
claims by disgruntled shareholders
Mikohn Gaming Corp. of Las Vegas has charted a
course of narrowing the focus of its operations and trimming expenses to
become profitable.
More...
May 19
2001
Park Place property
fined
The Nevada Gaming Commission on Thursday
approved a $25,000 fine against Bally's/Paris Las Vegas for violations of
the state's gaming currency transaction regulations.
More...
May 19
2001
Experts:
Las Vegas Casinos Will Take Hit in Power Bills
The top 22 revenue generating Strip casinos could each see a $3.2 million
decline in cash flow this year because of rising electricity and natural
gas prices in Las Vegas, according to a newly released report from the
Wall Street investment banking firm of Bear, Stearns & Co.
More...
May 18
2001
Higher energy costs
expected to sap Strip revenues
LAS VEGAS (AP) - The top 22 revenue generating
Strip casinos could each see a $3.2 million decline in cash flow this year
because of rising electricity and natural gas prices in Las Vegas,
according to financial analysts.
More...
May 18
2001
Riviera
holders reject political disclosure measure
Shareholders of Riviera Holdings Corp. aren't ready to be trend-setters in
the area of political campaign funding disclosure.
More...
May
17
2001
Energy
problems, Indian threats to Las Vegas casinos downplayed
Two issues -- soaring
energy costs and the proliferation of Indian gaming in
California -- have helped create nervousness among investors
about the outlook for the Las Vegas Strip.
More...
May
17
2001
Big
loss pushes Aladdin closer to the edge
The Aladdin hotel-casino
reported a huge quarterly loss Tuesday, blaming unusually lucky
gamblers. The $1.2 billion megaresort on the Las Vegas Strip now
needs an $8.7 million cash infusion within two weeks in order to
pay its bills.
More...
May
17
2001
Brugnara
drops threat to sue for gaming license
San Francisco businessman Luke
Brugnara, denied by Nevada gaming regulators in his efforts to
re-open the Strip's Silver City casino, is backing away from
earlier threats to sue the Nevada Gaming Commission.
More...
May
16
2001
New Betting Tool for
Online Gamers
AMSTERDAM, Netherlands - The Zootec
Group today launched its flagship product Zoogi (http://www.zoogi.com)
- an online betting platform that allows people to play any game
on any site or network with their buddies for real money. Zoogi
is a virtual meeting room, independent of any game site, where
online game players can play against each other for real money
while conversing and collaborating using instant messaging and
chat communication.
More...
May
16
2001
Las
Vegas-Based Casino Operator Drops Bay St. Louis, Miss., Casino
Plan
BAY ST. LOUIS, Miss.--Mandalay Bay Resort Group will take its
money elsewhere, vacating a controversial plan to develop a $225
million casino on St. Louis Bay in Hancock County.
More...
May
16
2001
Las
Vegas Hotels Post Increase in Weekday Room Rates
Room rates at Strip hotels increased 32.2 percent to $121 for
weekday advance reservations through June 2, while weekend rates
declined 7.4 percent to $239, according to Bear Stearns &
Co. Inc., a Wall Street investment firm that tracks the leisure
and travel industry.
More...
May
15
2001
Racing
Commission approves track sale to Vegas-based company
NEW ORLEANS (AP) - The sale of the
Delta Downs horse racing track, which is in line to get a slot
machine casino, was approved Monday by the Louisiana State
Racing Commission.
More...
May
15
2001
Slots
Bring Gamblers Back to Tracks
Racing people say casino gaming at tracks has saved the horse
racing industry in New Mexico. Critics say horse racing simply
provides cover for lucrative gambling that otherwise would be
illegal. Slots at the tracks: savior or shell game?
More...
May
15
2001
Hotel-casino
to host bingo championship
A Canadian firm announced plans to
hold a "World Championship of Bingo" in November at
the Venetian.
More...
May
15
2001
Gallagher
promotes Caesars' expansion
In his first shareholders meeting as
chief executive of Park Place Entertainment Corp., Tom Gallagher
on Friday pitched an ambitious, $500 million-plus expansion of
Caesars Palace at his company's stockholders.
More...
May
15
2001
Venetian
art called both education, entertainment
The Guggenheim Museum and the Venetian resort are betting that
Las Vegas and its millions of visitors are ready for the
cultural experience that a major art gallery delivers.
More...
May
14
2001
High court
denies Venetian's request to suspend sanctions
CARSON CITY -- The Nevada Supreme
Court has denied the petition of the Venetian Casino Resort in
Las Vegas and its Georgia law firm to suspend sanctions imposed
during court hearings over mechanics liens against the
hotel-casino.
More...
May
14
2001
Mikohn
announces new slot strategies
Mikohn Gaming Corp. will redeploy slot
machines to better performing locations and introduce new games
to shore up modest earnings reported Thursday.
More...
May
13
2001
Park
Place to Build All-Suites Hotel Tower at Caesars Palace; Project
Cost Estimated at $450 Million to $475 Million
LAS VEGAS--(BUSINESS WIRE)--May 11, 2001--Park Place
Entertainment Corp. (NYSE:PPE), the world's largest gaming
company, today announced plans to build a 29-story all-suites
hotel tower at Caesars Palace in Las Vegas.
More...
May
13
2001
MGM
Mirage Official: Capitol Hill Leaders Misunderstand Casino
Industry
BILOXI, Miss.--The casino industry must do a better job of
educating politicians about problem gambling, a proposed ban on
college sports betting and issues related to minority hiring and
contracting, a top MGM Mirage executive said Wednesday.
More...
May
12
2001
High court
denies Venetian's request to suspend sanctions
CARSON CITY -- The Nevada Supreme
Court has denied the petition of the Venetian Casino Resort in
Las Vegas and its Georgia law firm to suspend sanctions imposed
during court hearings over mechanics liens against the
hotel-casino.
More...
May
11
2001
New
NLV casino passes hurdle
LAS VEGAS SUN
The North Las Vegas Planning Commission on Wednesday unanimously
approved an application of a final development plan for a
hotel-casino submitted by Millenium Gaming and the Mendenhall
Family Trust.
More...
May
11
2001
Henderson
casino left out of PT's deal: Profit up for PD
When a small Las Vegas gaming company acquires the PT's Pub
chain of video poker bars later this year, the deal won't
include a 15,000-square-foot Henderson casino.
More...
May
10
2001
Total
Rewards' credit card announced
Harrah's Entertainment Inc. of Las
Vegas signed a deal with credit card company MBNA Corp. to issue
credit cards branded under its "Total Rewards" players
club program.
More...
May
9
2001
Mandalay
details spending, share buyback program
Bank of America has been aggressively
buying Mandalay Resort Group shares on behalf of the Las
Vegas-based casino operator, Mandalay disclosed in its annual
report last week.
More...
May
9
2001
Santa Fe settles suit
against shareholder
A three-year-old legal feud between Santa Fe Gaming
Corp. of Las Vegas and a large shareholder has finally ended.
More...
May 9
2001
Director
sells shares
A member of Harrah's Entertainment
Inc.'s board of directors has sold roughly one-third of his
holdings in the Las Vegas-based casino company.
More...
May
8
2001
Is
It a Light Show or a Light Snack? For Las Vegas Bats, the Luxor
Is Both
LAS VEGAS
--
In a town known for its bountiful buffets, the most unusual one
is staged at the Luxor Hotel-Casino, where freeloaders fly in
for a feeding frenzy.
We're talking bats, at a bug buffet, served after sunset not
inside the pyramid-shaped hotel, but above it, in its famous
"sky beam."
More...
May
7
2001
Caesars, LV
Convention Center named world's best
Caesars Palace was named the world's
top casino resort in the 2001 World Travel Awards, a global
online contest designed to recognize top performers in the
global travel industry.
More...
May
7
2001
NFR cowboy
sues hotel over use of photo
A champion team-roping rodeo cowboy
sued a downtown Las Vegas hotel-casino for allegedly using his
photograph without authorization for an advertisement for
National Finals Rodeo tickets.
More...
May 6
2001
Harrah's
Entertainment Plans Hotel Expansion at Rio Property in Las Vegas
Harrah's Entertainment is
planning to add a new hotel tower at its off-Strip Rio property,
the company's top executive said Thursday. Harrah's
Chairman and Chief Executive Officer Phil Satre said the company
prefers to add to the Rio rather than create a third Las Vegas
property.
More...
May 5
2001
Harrah's CEO
sees bright future for gambling giant
The year 2000 was far from a great one
for Harrah's Entertainment Inc. of Las Vegas.
More...
May 4
2001
In Las
Vegas, chips fly over `Highroller Fantasy'
WALL STREET JOURNAL
When Randy Snow took plans for two Las Vegas sweepstakes ads to
television networks in March, he was looking for a routine
approval by their broadcast-standards censors. What he got was a
bit of high controversy.
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May 3
2001
MGM Mirage
shareholders cooperative, content at company's first-ever
meeting
It was a feel-good session Tuesday, as
MGM Mirage executives treated company shareholders to speeches,
slickly packaged video presentations and a brief appearance by
Siegfried & Roy during the company's first-ever annual
meeting.
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May 3
2001
Bankers'
help likely needed to keep Aladdin from bankruptcy
The Las Vegas Strip's $1.2 billion
Aladdin hotel-casino passed a potentially dangerous date Tuesday
with no difficulties, but will likely need assistance from its
bankers later this summer to avoid bankruptcy, Wall Street
analysts say.
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May 3
2001
Networks
object to 'high-roller' campaign
Two television networks have demanded
changes in a Las Vegas TV advertising campaign because of the
way they promoted gambling.
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May 3
2001
LVCVA closes
on purchase
The Las Vegas Convention and Visitors
Authority closed on its $14.1 million purchase of the World
Trade Center hotel Tuesday afternoon.
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May 2
2001
Record
revenues, earnings reported
Acres Gaming Inc., a Las Vegas gaming technology company,
reported record revenues and earnings for its third quarter that
ended March 31.
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May 2
2001
Merger
termination fee demanded
A Las Vegas casino equipment supplier today demanded a $1
million termination fee as a result of a failed merger deal.
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May 1
2001
Teamsters
prevail at Aladdin
Warehouse workers at the Aladdin voted
in favor of union representation in a National Labor Relations
Board-supervised election Friday, making them the first group of
workers at the Strip property to be represented by a union.
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May 1
2001
Mikohn,
Anchor plan new slot bonus system
Two Las Vegas-based casino suppliers
have signed an agreement to develop a new slot game bonus system
modeled after Pachinko, a game popular in Japan.
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