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John G. Edwards
 
 

Herbst Gaming may serve as bankruptcy blueprint

30 November 2009
LAS VEGAS, Nevada -- Attorneys Gerald Gordon and Erika Pike Turner believe they have seen the future of some Las Vegas casino operators in the bankruptcy of Herbst Gaming Inc. and affiliated companies. Herbst lost its casinos and slot routes as a result of bankruptcy. But the lawyers at Gordon Silver say ... (read more)
 

Judge rejects Lake Las Vegas dismissal plea

5 October 2009
LAS VEGAS, Nevada -- Bankruptcy Judge Linda Riegle on Friday denied a motion filed by Ronald Boeddeker's Transcontinental Corp., former owner of Lake Las Vegas, to dismiss the bankruptcy case filed by the Henderson resort community. The bankruptcy case was filed in bad faith and was running up ... (read more)
 

Lake Las Vegas: Drainage feared

30 July 2008
and Alan Maimon LAS VEGAS, Nevada -- Bankrupt Lake Las Vegas is struggling to stay afloat financially, but the development's owners are worried a break in a pipeline underneath the lake could drain it and sink the community's financial future. In a statement filed in the development's Chapter 11 ... (read more)
 

Lake Las Vegas seeks Chapter 11 protection

18 July 2008
LAS VEGAS, Nevada -- In one of the potentially largest bankruptcies in Nevada history, Lake Las Vegas, a 3,592-acre residential and resort development in Henderson, filed for Chapter 11 bankruptcy Thursday. Lake at Las Vegas Joint Venture LLC, one of five related companies filing for bankruptcy, ... (read more)
 

Ex-Harrah's chief tapped for Sierra Pacific position

7 May 2008
LAS VEGAS, Nevada -- Sierra Pacific Resources' board on Tuesday elected Phil Satre, former chief executive officer and chairman of Harrah's Entertainment, as its nonexecutive chairman. He will succeed Walt Higgins, who stepped down as CEO on Aug. 1 and who will leave as chairman on the same date this ... (read more)
 

OSHA reviews Orleans probe

15 April 2008
NEVADA -- Federal officials are trying to determine whether Nevada officials mishandled an investigation of a sewer system accident that killed two men at The Orleans last year. Richard Terrill, acting regional administrator of the U.S. Occupational Safety and Health Administration, on Monday ... (read more)
 

Casino billionaires see their fortunes shrink

7 February 2008
LAS VEGAS, Nevada -- Afraid to check your 401(k)? Consider the stomach-turning change of fortune for three billionaire casino investors. Sheldon Adelson, chairman of Las Vegas Sands, has seen the value of his shares in Las Vegas Sands drop by $10.8 billion, or 40 percent, since October. His ... (read more)
 

UFC sponsor files for bankruptcy

22 January 2008
LAS VEGAS, Nevada -- The Las Vegas manufacturer and distributor of energy drink Xenergy, which sponsors the Ultimate Fighting Championship, has filed for bankruptcy protection amid claims of intimidation and death threats. Xyience Inc., the energy drink company headquartered at 4572 Hacienda Ave., reported $42.3 million in liabilities and $5.3 million in assets. ... (read more)
 

Gambling technology: Now see this, and this

3 January 2007
LAS VEGAS, Nevada -- Las Vegas Gaming Inc. has devised a solution for the gambler who doesn't like abandoning a slot machine to watch and bet on sports events and horse races. Las Vegas Gaming's product is called PortalVision, and it can serve as a platform for several programs. Gamblers using PortalVision also will see a pop-up option when they start to cash out. ... (read more)

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John G. Edwards
John G. Edwards