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Arnold M. Knightly Gaming Guru - Page 16Tropicana Las Vegas in a name battle22 July 2009
LAS VEGAS, Nevada –- What's in a name?
A few million dollars a year, according to the old owners of the Tropicana.
Tropicana Las Vegas Inc., which acquired the Strip resort this month, doesn't see it that way, though.
The new owners of the resort filed a lawsuit Monday in Clark County ... (read more)
Fontainebleau owner suing...himself?20 July 2009
LAS VEGAS, Nevada –- In a new twist in the Fontainebleau Las Vegas bankruptcy case, project owner Jeffrey Soffer has sued himself, sort of.
Soffer's Turnberry West Construction, which is the general contractor on the stalled project, filed a lawsuit in Florida bankruptcy court against ... (read more)
Silverton thriving in downturn17 July 2009
LAS VEGAS, Nevada –- The Silverton's top official is glad the property didn't proceed with building a new 360-room hotel tower that was scheduled to open this fall.
When the local housing market crashed and funding for construction projects dried up, the Silverton switched gears and decided it ... (read more)
Venetian says it is not violating trademark15 July 2009
LAS VEGAS, Nevada –- A subsidiary of the Las Vegas Sands Corp. is asking a federal court in Nevada to issue a declaratory judgment stating that the gaming company is not infringing on a Houston company's trademark by selling "Palazzo" branded items in its hotel gift shops.
Venetian Casino ... (read more)
Caesars Palace opens new convention area14 July 2009
LAS VEGAS, Nevada –- Caesars Palace opened 110,000 square feet of new convention and meeting space Monday in the middle of an economic downturn that has cut local convention attendance to its lowest levels in years.
The convention area was part of a $1 billion expansion project of Caesars ... (read more)
Investor seeks approval of Riviera ownership stake10 July 2009
LAS VEGAS, Nevada –- Casino investor and Las Vegas 51s owner Derek Stevens is asking Nevada regulators to approve his ownership stake in the financially troubled Riviera, a request his attorney admits may be "superfluous."
Riviera Holdings Corp., which owns the Strip property, was recently ... (read more)
Vegas visitor count dips in May10 July 2009
LAS VEGAS, Nevada –- Fewer meetings and lower attendance at two large conventions drove local visitor numbers down again in May.
The number of visitors to the valley dropped 5.8 percent to nearly 3.2 million people, numbers released Thursday by the Las Vegas Convention and Visitors Authority show.
The ... (read more)
Fontainebleau files motion to leave offices9 July 2009
LAS VEGAS, Nevada –- Fontainebleau Las Vegas employees have moved into new offices in Las Vegas while the developer tries to get the bankrupt Strip project back on track.
Company attorneys on Wednesday filed a motion asking the Florida bankruptcy court for permission to break its lease on offices near the construction site. ... (read more)
Testimony heard in Wynn case8 July 2009
LAS VEGAS, Nevada –- Wynn Las Vegas dealer Daniel Baldonado has been waiting for this day for nearly three years.
After a journey through the Nevada court system that ended last year, Baldonado's claim against the hotel-casino for a new tip pooling policy he believes breaks state law is ... (read more)
Fears of demise fade for MGM Mirage26 June 2009
LAS VEGAS, Nevada –- Recent financial moves by MGM Mirage have left the company's auditor feeling pretty good about the gaming giant's financial future.
That became evident with the gaming company's Tuesday afternoon filing with the Securities and Exchange Commission announcing "there is no longer ... (read more)
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