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Benjamin Spillman Gaming Guru - Page 13Tips to skip trip traps19 May 2008
LAS VEGAS, Nevada -- A well-rehearsed presentation and clever turn of a French phrase could help land a deal with a Parisian client.
But even the most prepared businessperson doesn't stand a chance if he or she is stuck in a Chicago airport while a competitor schmoozes the prospective client in Paris. ... (read more)
Authority foresees drop in hotel room-tax revenue16 May 2008
LAS VEGAS, Nevada -- Even Las Vegas optimists led by "America's happiest mayor" have lowered their revenue expectations for Southern Nevada resorts, predicting room taxes for the year will be $8 million less than forecast.
A budget forecast by Las Vegas Convention and Visitors Authority officials ... (read more)
Hilton Star Trek attraction may seek out new life elsewhere14 May 2008
LAS VEGAS, Nevada -- Operators of Star Trek: The Experience at the Las Vegas Hilton might soon be telling Sin City, "Qapla'."
That's Klingon for goodbye.
The lease on the biggest nerd magnet since the International Consumer Electronics Show expires at the end of the year, and a spokesperson for owners Cedar Fair Entertainment Co. ... (read more)
Profits plunge for Golden Nugget parent12 May 2008
LAS VEGAS, Nevada -- Profits for Landry's Restaurants, parent company of the Golden Nugget casinos in Las Vegas and Laughlin, fell 93 percent in the first quarter and a company executive said to expect cash flow at the Nevada casinos to be down 5 percent to 8 percent for 2008.
Earnings were $1.5 ... (read more)
Las Vegas visitation numbers tumble12 May 2008
LAS VEGAS, Nevada -- The number of people who visited Las Vegas in March fell 1 percent to about 3.4 million, prompting resort operators to lower hotel rates to keep rooms full.
On Friday, the Las Vegas Convention and Visitors Authority reported March visitation figures that showed declines in rates, ... (read more)
El Cortez owner sells stake in downtown casino8 May 2008
LAS VEGAS, Nevada -- Longtime Las Vegas casino owner Jackie Gaughan is finally walking away from the tables.
During a process that took just a few minutes on Wednesday, the Nevada Gaming Control Board approved a request by the downtown casino owner to sell his stake in the El Cortez, Gaughan's ... (read more)
'For sale' sign could be headed for Fitzgeralds7 May 2008
LAS VEGAS, Nevada -- Fitzgeralds owner Don Barden is pledging his downtown Las Vegas property to generate a $35 million equity stake in a slots-only casino in Pittsburgh, making a sale likely for the Fremont Street hotel.
Ratings agency Standard & Poor's reported that Barden, through companies he ... (read more)
For tourism, outback to the future6 May 2008
LAS VEGAS, Nevada -- Since the 1950s the Nevada desert was the destination for someone who ran afoul of the Las Vegas mob or victims of space alien abduction.
For 20 athletes gathered Monday on the outskirts of Henderson, it is where they'll spend the next few days kayaking, rock climbing, mountain ... (read more)
Conventions: Wynn plans ritzy meeting complex5 May 2008
LAS VEGAS, Nevada -- Steve Wynn, the casino developer credited with changing the way people experience gambling resorts, says he ready to do the same for another pillar of the Las Vegas economy -- trade shows and conventions.
Wynn, chairman and chief executive officer of Wynn Resorts Ltd., told investors ... (read more)
April cruel to gaming stocks1 May 2008
LAS VEGAS, Nevada -- Publicly owned gambling companies lost 2.5 percent of their value in April, in large part due to economic tumult that has home prices in the basement and oil costs in the stratosphere.
Investors watched eight out of 10 gambling stocks lose ground on the Applied Analysis Gaming ... (read more)
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