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Benjamin Spillman Gaming Guru - Page 8Travel group predicts fewer trips31 October 2008
LAS VEGAS, Nevada -- The recession that's battering the Las Vegas hospitality economy is likely to continue through 2009 and could worsen, according to a national travel forecast.
The Travel Industry Association, a trade group for the nation's $740 billion hospitality industry, predicts leisure travel ... (read more)
McCarren traveler numbers continue to fall28 October 2008
LAS VEGAS, Nevada -- The number of people flying to and from Las Vegas fell 13.2 percent in September to 3.37 million, the largest year-over-year decline since the months following Sept. 11, 2001, and the 11th consecutive monthly dip.
It's another major indicator that the woes of the airline industry, ... (read more)
Allegiant revenue rises as profit falls in third quarter, beating Street estimates23 October 2008
LAS VEGAS, Nevada -- Las Vegas-based Allegiant Travel Co. increased revenue 35.4 percent to $116.9 million in the third quarter, but earnings per share fell from 34 cents to 24 cents, a 29.4 percent decline.
Despite fuel costs chipping away at profits and a recession that's battering the hospitality and ... (read more)
Vintage-feeling Plaza to aim for newer look22 October 2008
LAS VEGAS, Nevada -- Aside from some room upgrades on the 15th floor, a trip to the Plaza downtown is like a trip to Las Vegas of the past -- cheap rooms, cheap booze and shiny, 1970s vintage fixtures everywhere.
Not that there's anything wrong with that.
For better or for worse, the Plaza still ... (read more)
Landry's chief executive makes another attempt to buy up remaining shares of company22 October 2008
LAS VEGAS, Nevada -- Landry's Restaurants CEO Tilman Fertitta has revived his offer to buy the company, an empire that includes the Golden Nugget hotel-casinos in Las Vegas and Laughlin as well as about 179 restaurants in 28 states.
It's Fertitta's second attempt to buy the public company he now ... (read more)
These shows don't go on20 October 2008
LAS VEGAS, Nevada -- Cracks are beginning to show in the multibillion-dollar Las Vegas convention industry, which had managed to deliver increased attendance in five of the first eight months this year despite the growing downturn.
Trade show and convention attendance tumbled 22.3 percent in August and ... (read more)
Laughlin: It's like you own the place15 September 2008
LAUGHLIN, Nevada -- Faced with increased competition from Southern California Indian casinos and reeling from the rocky national economy, the Colorado River gambling town of Laughlin launched a new multimillion-dollar marketing campaign Friday.
It's part of an effort to reverse a tourism slump ... (read more)
Court gets trademark fight over Plaza name11 September 2008
LAS VEGAS, Nevada -- After months of billionaire bickering, it looks as if a jury will decide whether Las Vegas gamblers can tell the difference between the Plaza hotel-casino and a hole in the ground.
Jury selection begins today for a trial in which owners of the Plaza in downtown Las Vegas are seeking ... (read more)
A tack to lay down tracks10 September 2008
LAS VEGAS, Nevada -- Operators of the Las Vegas Monorail are looking forward to an extension to McCarran International Airport even as the rail system's debt rating points toward default.
In a presentation to a Southern Nevada tourism booster board, Las Vegas Monorail Co. President and Chief Executive ... (read more)
Tivoli beats odds9 September 2008
NEVADA -- Developers of an $850 million retail and residential project in Summerlin are proceeding despite a miserable economic outlook for many mixed-use projects.
On Monday the developers behind Tivoli Village at Queensridge announced another batch of tenants, including some that are new to the Las ... (read more)
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