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Station Casinos Loses $69.6 Million in 2nd Quarter

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Private casino operator Station Casinos Inc. says it lost $69.6 million during the second quarter as revenue dropped and it spent nearly $38 million on its bankruptcy reorganization. More>>

Room Rates Climb in Las Vegas

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The Las Vegas Convention and Visitors Authority says the average daily room rate in Las Vegas in June climbed 6%. That's good news for the valley's casinos, but that upward trend may soon stop. More>>

NV Casino Winnings Down 4.3 Percent in Fiscal Year

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Regulators say monthly casino winnings in Nevada were down more than 6.6 percent in June, pushing the overall decrease for the fiscal year to 4.3 percent. More>>

Las Vegas Sees Increased Competition from Out-of-State Casinos

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Nevada is getting more competition. In an effort to generate revenue, other states are loosening restrictions on gaming and allowing casinos to open. The trend leaves many wondering about the long-term effect on Nevada's gaming industry. More>>

Casino Cashes In On Coin Nostalgia

It's a sight rarely seen anymore in Las Vegas casinos: Slot machines that take coins. Now, the Eastside Cannery is bringing coin-operated slots back and in fine form. More>>

Harrah's Entertainment Loses $274M in 2nd Quarter

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Casino operator Harrah's Entertainment Inc. says it lost $274 million during the second quarter as customers gambled less. More>>

House Bill Would Lift Ban on Internet Betting

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It's been debated for years, but could legalized and regulated Internet gambling in the United States soon become a reality? U.S. Rep. Barney Frank (Massachusetts-D) is pushing a bill to lift the federal ban on web betting, and the idea is gaining support in Nevada. More>>

Boyd Gaming Give Up on Station Casinos Deal

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Boyd Gaming Corp. says it's no longer interested in buying certain assets of its rival regional casino operator, Station Casinos Inc. More>>

Wynn Resorts Earns $52.4M During Second Quarter

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Casino operator Wynn Resorts Ltd. says its second quarter profit doubled to $52.4 million with help from its new resort in the Chinese gambling enclave of Macau. More>>

North Strip Renaissance Failing to Take Shape

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It was long billed as the next frontier of Las Vegas Strip redevelopment. But in recent years, the north end of the Strip has struggled. Two casino-hotel developments have stalled. Major projects never left the drawing board, and this week, the Riviera announced it's filing for bankruptcy protection. More>>

Las Vegas Hotel Rooms Still a Bargain

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Nevada's latest gaming numbers paint a bleak picture at first glance. The Silver State's casino winnings for the month of May were down 4.7 percent over the same month last year. More>>

Nevada Casino Winnings Decrease in May

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Regulators say monthly casino winnings in Nevada decreased 4.7 percent in May, to a little more than $889 million, compared with the same month a year ago. More>>

Moody's says Casino Industry Has Hit Bottom

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A casino analyst for Moody's Investors Service says the industry may have hit bottom after more than two years of declines. More>>

Virgin Atlantic Celebrates 10 Years of Direct Flights to Las Vegas

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International tourists are known to stay longer and spend more money while in Las Vegas. One way to lure them is to offer a direct flight from their home country. More>>

MGM MIRAGE is Now MGM Resorts International

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Shareholders have approved changing the name of MGM MIRAGE to MGM Resorts International to better reflect their strategy. More>>

Nevada Casino Winnings Down 5.7 Percent in April

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Regulators say monthly casino winnings in Nevada decreased 5.7 percent in April, to a little more than $810 million, compared with the same month a year ago. More>>

Judge Approves Auctioning Station Casino Hotels

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A federal bankruptcy judge in Nevada has approved a plan to auction 11 Station Casinos properties on the open market. More>>

Harrah's CEO Gary Loveman Paid $5.97M in 2009

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The chief executive of casino operator Harrah's Entertainment Inc. was paid $5.97 million in 2009, less than one-sixth as much as the $39.6 million he made in 2008. More>>

Hard Rock Casino in Las Vegas Names New Chief

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Owners of the Hard Rock Hotel & Casino in Las Vegas have named Joseph Magliarditi as its new president and chief executive, replacing an executive whom authorities say shot and killed himself in March. More>>

Special Table for Wealthy Card Sharks

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Wealthy card sharks have a new exclusive table on the Las Vegas Strip that honors one of the game's most famous players. More>>

Las Vegas Sands Closes on $1.75B in Macau Loans

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Las Vegas Sands Corp. says it has secured $1.75 billion in financing to build its next two phases of development in Macau. More>>

Nevada Casino Winnings Decrease Slightly in March

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The state Gaming Control Board reported Tuesday that Nevada casino winnings were down less than 1 percent year-to-year, after winning $918 million in March 2009. More>>

Boyd Gaming Moves to 1Q Profit on Lower Expenses

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Casino operator Boyd Gaming Corp. says it returned to a first-quarter profit as cost cuts helped offset a drop in gambling revenue and forecast growth in the second half of the year. More>>

Wynn Resorts Reports $27M Profit

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Casino operator Wynn Resorts Ltd. did better than expected in the first quarter, benefiting from higher revenue in China and Las Vegas, and it turned a profit in contrast with a loss a year earlier. More>>

Las Vegas Sands CEO Adelson got $5.58 Million in 2009

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An Associated Press analysis shows billionaire Sheldon Adelson received $5.58 million in 2009 as the chairman and chief executive of casino-resort developer and operator Las Vegas Sands Corp. More>>

Las Vegas Sands CEO Sheldon Adelson Got $5.58 Million in 2009

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Billionaire Sheldon Adelson was paid $5.58 million in 2009 as the chairman and chief executive of casino-resort developer Las Vegas Sands Corp., according to an Associated Press analysis of a regulatory filing Friday. More>>

Boyd Objects to Station Casinos Bankruptcy Plan

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Casino operator Boyd Gaming Corp. is objecting to a proposed bankruptcy plan by rival Station Casinos Inc., saying it devalues certain properties that would be sold under a court auction. More>>

Downtown Las Vegas Casinos Struggle to Lure Gamblers

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Downtown Las Vegas is struggling. That is the bottom line from research firm Union Gaming Group, which reports downtown earnings are declining despite efforts to bring visitors to the area. More>>

MGM Mirage CEO Murren Paid $13.75M in 2009

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MGM Mirage CEO Jim Murren got a $13.75 million pay package in 2009, his first full year as the casino operator's top executive, according to an Associated Press analysis of a regulatory filing the company made late Tuesday. More>>

Station Owners, Most Lenders Agree on Opening Bid

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Station Casinos Inc.'s owners and some of its lenders have agreed to make a $772 million opening bid at a proposed bankruptcy auction for most of the company's properties, Station Casinos said Monday. More>>

MGM Mirage Taps Burton Cohen for Board Post

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MGM Mirage Inc. named industry veteran Burton Cohen as a board member, the casino operator said Wednesday. More>>

Las Vegas Picked to Host Global Tourism Summit

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Tourism officials in Las Vegas say the city has been picked to host an international summit next year for tourism leaders from around the world. More>>

Wynn Resorts Dropping Bid to Rescue Casino

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Philadelphia's mayor says he's shocked to hear Wynn Resorts is dropping its bid to rescue a troubled waterfront casino project in his city More>>

Nevada Casino Winnings Jump 14-Percent in February

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Regulators say casinos on the Las Vegas Strip did better in February, pushing gambling winnings up almost 14 percent statewide compared with a dismal month in 2009. More>>

Cosmopolitan of Las Vegas to Open in December

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The CEO of the new $3.9 billion Cosmopolitan of Las Vegas casino says it will open in mid-December with about one-third of its rooms delayed until July 2011. More>>

Luxor in Legal Battle over Bar's Name

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MGM Mirage's Luxor hotel and casino is in a legal fight over whether it can use the name "Liquidity" for one of its bars. More>>

Casino Equipment Manufacturers Group Adds Members

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A trade group for casino equipment manufacturers says it has added three new companies as members. More>>

Wynn Resorts CEO Steve Wynn Paid $8.39M in 2009

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An Associated Press analysis shows that billionaire Steve Wynn's compensation as chief executive of Wynn Resorts changed little in 2009 as the casino operator struggled in Las Vegas. More>>

Harrah's Puts Planet Hollywood in Total Rewards

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Harrah's Entertainment says it has finished integrating the Planet Hollywood Resort & Casino into its Total Rewards loyalty program. More>>

The Transformation of the Las Vegas Strip

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UNLV has just released a new report that details the significant transformation that has taken place on the Las Vegas Strip in the last 10 years. More>>

Nevada OSHA Adopts Federal Recordkeeping Program

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Nevada OSHA will soon begin the process of auditing Nevada's employers through OSHA's Federal Recordkeeping National Emphasis Program. More>>

Contractor Files Lawsuits Against MGM Mirage

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The primary contractor for the newly completed $8.5 billion CityCenter complex has filed a lawsuit seeking $492 million for unpaid construction work. More>>

Nevada's Unemployment Rate Rises to 13.2 Percent

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The unemployment rate in Las Vegas rose another notch toward 14 percent in February even though employers added more jobs. More>>

Station Casinos Breakup Proposed

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It's one of the largest corporate bankruptcies in Nevada history. Station Casinos announced Thursday its plan to save some of its properties while potentially selling off more than a dozen others. More>>

Station Casinos to Reorganize Under Chapter 11

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Station Casinos and its subsidiaries have announced that they have filed a Joint Plan of Reorganization under Chapter 11 of the Bankruptcy Code. More>>

Pinnacle Entertainment Names News President, CEO

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Las Vegas-based Pinnacle Entertainment has named Anthony M. Sanfilippo president and chief executive officer of the casino company. More>>

MGM Mirage, NJ Agree on Sale of Half of Borgata

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MGM Mirage said Friday it will sell its 50 percent interest in Atlantic City's top casino and stop doing business in New Jersey rather than cut ties with the family of an Asian casino mogul accused of organized crime ties. More>>

Coroner Rules Hard Rock Executive's Death Suicide

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The Clark County coroner has ruled the death of top Hard Rock Hotel and Casino executive Andrew "Randy" Kwasniewski (kwas-NEW'-skee) was a suicide. More>>

Nevada Casinos Revenue Down In January

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Casino regulators say Nevada casinos won 3.2 percent less in January than they did in the same month a year ago. More>>

MGM Mirage to Sell $845 Million in Bonds

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Casino operator MGM Mirage says it will sell $845 million in new bonds due in 2020, looking to build a healthier balance sheet amid a gambling industry slump. More>>

More Las Vegas News More>>

Shooting Leaves 2 Dead, 1 Boy Wounded

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Shortly before 9 p.m. on Tuesday, Metro received a call stating someone had been killed at a house in the 2400 block of Walnut. More>>

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