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The Las Vegas Sands CEO announced that his company will replicate
what it has built in Macau in other Asian gaming markets if the jurisdictions cough up lucrative tax breaks and infrastructure construction costs.
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Director of Hotel Operations says the $700-million, 825-room, business-friendly hotel and casino
will be ready for its scheduled grand opening on May 17 with no soft openings or phase-ins
necessary.
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Movie-goers laid their money down on "21" as the card-counting blackjack film inspired by the
best-selling book "Bringing Down the House" brought in a box-office-best $23.7 million in its debut
weekend.
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The Nevada Supreme Court reversed a Washoe County District Court decision in a dispute between the
Sparks Nugget and the Department of Taxation and ruled that comped meals provided to
casino patrons are exempt from the state sales and use tax.
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The economic slowdown has the casino industry facing its toughest challenge since the months
following the Sept. 11 terrorist attacks, according to a report released by a leading Wall
Street bond rating house.
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New York-based FX Real Estate and Entertainment is planning an Elvis-themed hotel-casino development
for nearly 18 acres on the Strip across from CityCenter, according to a Securities and Exchange
Commission filing last week.
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The thought of not being able to light up while playing their favorite game has enraged the Atlantic
City smoking crowd, which may be out of luck if a proposed full smoking ban at city casinos is put in
place.
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