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News - Page 1026

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Cost cuts narrow MGM Mirage loss

MGM Mirage said the the opening of CityCenter and cost-cutting efforts narrowed a fourth-quarter net loss from a year ago.

Nevada's biggest casinos lose $6.8 billion

Nevada's highest-grossing casinos generated a net loss of almost $6.8 billion in 2009 according to a report released by the Gaming Control Board.

Harrah's acquisition of Planet Hollywood approved

Harrah's chief financial officer said the company expects tripling or even quadrupling the property's cash flow over the next few years.

Murren has job creation ideas for Obama

MGM Mirage Chairman and CEO Jim Murren says that he would like to discuss ideas for creating jobs with the President Barack Obama.

Benyamine takes Party Poker Premier League IV title

French legend David Benyamine defeated Luke Schwartz heads-up to win the title and take home $476,000.

NAPT Mohengan Sun schedule announced

Mohegan Sun in Connecticut will be host to 38 poker events over 16 days in the inaugural event on the PokerStars.net North American Poker Tour.

Hard Rock has Asia on mind

The Hard Rock Hotel's $770 million expansion will get put to the test during Chinese New Year in Las Vegas.

ESPN2 to air North American Poker Tour

PokerStars has reached a deal with ESPN to televise the newly-launched North American Poker Tour beginning in April.

Las Vegas Sands narrows fourth-quarter loss

Las Vegas Sands said it narrowed its fourth-quarter net loss from a year ago thanks to booming results from its Macau casinos.

Final table comes into focus at Premier League IV

The league stages at the Party Poker Premier League IV at the M Resort in Las Vegas is over with four players going directly to the final table.

Simon Properties offers General Growth $10 billion buyout

Simon Property Group, the nation's largest shopping mall owner, made a $10 billion hostile bid Tuesday to acquire ailing General Growth Properties.

ESPN to broadcast PokerStars NAPT

ESPN will broadcast 16 hours of the PokerStars.net North American Poker Tour. The NAPT Venetian will be held in Las Vegas from Feb. 20-24 and will kick off ESPN2’s taped coverage on April 19.

Wynn tip-pooling ruling delayed until May

A ruling on whether Wynn Las Vegas' tip-pooling policy breaks state labor law has been delayed until at least May.

Stratosphere to dim lights for Earnhardt

The Stratosphere Tower in Las Vegas will dim its lights on Feb. 18 in honor of racing legend Dale Earnhardt.

Hawaii casino proposal still an uphill battle

A casino gambling bill has found traction in the Hawaii Legislature but many analysts make passage of the bill a long shot.

NBC Heads-Up Championship returns to Caesars Palace

The sixth edition of the popular "National Heads-Up Poker Championship" is sponsored by GoDaddy and will take place March 4-7.

Strip high-rise market might be improving

A report by a gaming industry advisory firm said sales of high-rise condos and hotel-condo units within the Strip residential market has increased.

Vegas readies for Chinese New Year celebrations

Las Vegas has been been preparing for the the lucrative two-week Chinese New Year celebration for the past year.

Station-Boyd rivalry heading to Midwest

Station Casinos is working to build and operate a casino in Michigan, which may poach customers from Boyd Gaming’s Blue Chip casino in Indiana.

All news is bad news for Atlantic City

Atlantic City gaming revenues fell for the 17th straight month as competition emerged in Pennsylvania and Delaware and two operators planned their exit.

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