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Benjamin Spillman Gaming Guru - Page 3Gaming index reveals industry still suffering2 July 2009
LAS VEGAS, Nevada –- Two months after picking themselves up off the floor, stocks in gambling-related companies are losing steam again.
On Tuesday, Applied Analysis of Las Vegas reported stocks in its monthly gaming index lost 2.9 percent of their value in June, the first decline since March.
"The ... (read more)
Vegas casinos offering bargains all over29 June 2009
LAS VEGAS, Nevada –- Two years ago Gary Hamm and his wife gambled $200 at the Bellagio.
About two months ago it paid off.
He opened the mailbox at his Tacoma, Wash., home and found an offer from Bellagio for three free nights plus $50 in free play and food and drink credits.
"I was amazed, really," said Hamm. ... (read more)
Clark County approves Rent-A-Car slot machine17 June 2009
LAS VEGAS, Nevada –- Anxious to get revenue wherever they can find it, Clark County commissioners approved a construction proposal that will make way for slot machines at an airport rental car facility despite a recommendation to reject all the bids.
Commissioners voted unanimously on Tuesday to approve a ... (read more)
Lawsuit accuses strip clubs, taxis of scam3 June 2009
LAS VEGAS, Nevada –- A Southern California man is suing dozens of Las Vegas strip clubs, taxi companies and limousine providers, accusing them of running illegal kickback schemes that defraud tourists of millions of dollars.
Theodore Trapp says he boarded a cab at Caesars Palace on Jan. 17 for a trip to a ... (read more)
Dispute leaves Neonopolis on broil2 June 2009
LAS VEGAS, Nevada –- In addition to a magnifying glass and telephone, John Del Prado keeps a roll of paper towels at the front desk in his jewelry store.
He uses them to mop up puddles of sweat from the desktop.
Del Prado is one of the few remaining tenants in Neonopolis, a troubled downtown mall that ... (read more)
Vegas supplying low rates this weekend22 May 2009
LAS VEGAS, Nevada –- Bob and Donna Schmisseur are movin' on up in the Las Vegas pecking order.
The longtime visitors from Pratt, Kan., are among thousands of tourists who will spend the holiday enjoying Las Vegas luxury at Reno roadhouse rates.
"I've taken her to the Imperial Palace a whole lot of ... (read more)
LVCVA approves reduced budget22 May 2009
LAS VEGAS, Nevada –- Las Vegas' tourism boosters on Thursday approved a $231 million budget for the 2010 fiscal year, one that's 17.3 percent lower than the budget presented this time last year.
The cutbacks by the Las Vegas Convention and Visitors Authority are the result of a national recession that's ... (read more)
Vegas sees smallest decline in seven months8 May 2009
LAS VEGAS, Nevada -- More than 3.2 million people visited Las Vegas in March, a 6.5 percent decline from the previous March.
It was the smallest visitation decrease in seven months and, perhaps, suggests customers are responding to steep room discounts.
The average daily rate was down 31.6 percent to ... (read more)
Danger signs for Binion's6 May 2009
LAS VEGAS, Nevada -- A casino that once was the pride of downtown Las Vegas now needs rent relief to survive.
That's how dire the financial situation is for Binion's, according to a senior company official.
Brian Arlin described the property's fiscal straits in letters to landlords who ... (read more)
Vegas entrepreneur sees plenty of opportunities4 May 2009
LAS VEGAS, Nevada -- It's tough being a company man or woman in a listing-company town, especially one taking on as much water as Las Vegas.
Since September, nearly 35,000 Las Vegas workers have lost their jobs.
The recession torpedoed consumer spending and real estate values, which formed the ... (read more)
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