News - Page 1950

Sunday marks the 50th anniversary of the opening of the Sands, the legendary Strip casino imploded to make way for Sheldon Adelson's The Venetian.

Binion's Horseshoe introduced a `play for fun’ website this week that is intended to serve as a first step to launching a real-money Internet casino for foreign bettors.

News Brief: For the third consecutive year, New Year's Eve in Las Vegas will include a large-scale fireworks display over the Strip.

Casinos along the Las Vegas Strip won $395.3 million in October, up 10.4 percent from a year ago and the third straight month of increased revenues. But the amount won was still down .5 percent compared to October 2000.

News Brief: The Las Vegas Strip can expect only slow to moderate growth in the near future due primarily to the lack of any new megaresorts, which fueled most of its success the past decade, an economist said Wednesday.

News Brief: A collection of more than 50 Andy Warhol celebrity paintings and works on paper will debut at the Bellagio Gallery of Fine Art in February.

The average room rate on the Strip has dropped 22 percent for the Christmas weekend, Dec. 28 and 29, compared with last year, according to recent survey data collected by Wall Street broker Bear, Stearns & Co.

A Barrick Gaming Corp. executive Monday said its $82 million deal to buy a collection of downtown casino and motel properties was a vote of confidence in the future of downtown.

Jackie Gaughan today announced plans to sell four casinos in downtown Las Vegas to a startup company for $82 million.

Although the competition will take place exclusively at the Thomas & Mack Center, the Wrangler National Finals Rodeo's economic impact will be felt by businesses throughout the Las Vegas Valley.

Binion's Horseshoe hotel-casino in downtown Las Vegas, was sued Wednesday over $194,529 in allegedly unpaid rent by a group of investors in Clark County District Court.

Las Vegas's gaming industry is extremely vulnerable to possible terrorist attack, the Clark County's sheriff-elect told a group of casino security officials Wednesday.

Many international high-rollers are returning to Las Vegas casinos after the terrorist attacks but those from Latin America are continuing to stay away, says a top official of the Mandalay Bay hotel-casino.

MGM Mirage expects to build a luxury condominium complex on the northeast end of the company's MGM Grand casino resort property in Las Vegas with partner and condominium developer Turnberry Associates.

News Brief: A bid by Mandalay Bay Resort & Casino to be the third Las Vegas megaresort with private gambling salons for high-rollers was endorsed Wednesday by state regulators.

Hundreds of the late Ralph Engelstad's friends and family members turned out Tuesday to pay their final respects to the Imperial Palace founder.

The bankrupt Aladdin hotel-casino has received another extension of a deadline to file a plan to sell the resort or produce a reorganization plan.

The Hoosier Park at Anderson 2002 meet featured a record number of racing programs that generated wagering in excess of one million dollars.

News Brief: One year after the ownership change of Summerlin's JW Marriott and its leased Rampart Casino, both hotel and casino operators say they couldn't be happier with their results.