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Chris Jones Gaming Guru - Page 30Megamerger: A Contrast in Cultures21 July 2004
LAS VEGAS -- What to make of a proposed deal that would reshape much of the Strip has become a modern-day $64,000 question, and then some, for many local gaming operators.
But with close to $10 billion at stake in Harrah's Entertainment's bid to buy rival gaming operator Caesars Entertainment, ... (read more)
Caesar's Employees Give Merger Mixed Reviews16 July 2004
LAS VEGAS -- Like Shakespeare's Roman citizens of old, employees of Caesars Entertainment offered
mixed opinions Thursday on whether Harrah's Entertainment's pending $9.4 billion
buyout would help bury Caesars or praise it.
Some said their empire's likely conqueror would bring a welcome influx of ... (read more)
Station Casino Q2 Earnings Surge15 July 2004
LAS VEGAS -- The secret to Station Casinos' record second-quarter earnings isn't difficult to
locate.
Chances are, thousands of customers are standing atop it at this very moment.
The Las Vegas gaming giant's ongoing strategy of buying up any and every prime locals
gaming site it can obtain ... (read more)
Gold Rush, Magic Star Deal Approved15 July 2004
LAS VEGAS -- Nevada gaming regulators on Wednesday approved Station Casinos' request to take over
management at Henderson's Gold Rush and Magic Star casinos.
The Las Vegas-based gaming operator in late March announced it would buy the small
casinos from Sidelines and Great American Corp. ... (read more)
Moapa Band Cements Deal for its Land14 July 2004
One of the nation's largest cement companies said this week it has struck a deal to build a $250 million plant less than 40 miles northeast of Las Vegas on land owned by the Moapa Band of Paiute Indians.
The Ash Grove Cement Co. expects the plant would bring a steady influx of cash and 100 to 130 ... (read more)
Las Vegas Visitors Stay on Record Pace13 July 2004
A surge in convention attendance powered another record for local tourism in May, when Las Vegas welcomed more than 3.2 million visitors for the third consecutive month.
The city's 3.26 million May guests represented a 6.9 percent gain from the same month of 2003, the Las Vegas Convention and Visitors Authority said Monday. ... (read more)
Wynn Increases Las Vegas Country Club Offer to $52.5 million9 July 2004
LAS VEGAS -- Rejected once in recent days, developer Steve Wynn has increased his bid for the Las Vegas Country Club, this time offering members approximately $52.5 million in exchange for control of the 36-year-old golf course and its amenities.
The club's board of directors rejected what it described as a "hostile" takeover bid from Wynn Golf division on June 18. ... (read more)
Barrick Eyes Plaza Bus Terminal Site for Redevelopment7 July 2004
Next month's planned reductions in Greyhound Lines' bus schedule isn't the only big change that could soon affect the company's Nevada passengers.
Barrick Gaming Corp., which recently acquired the Plaza in downtown Las Vegas, hopes to someday push the Dallas-based bus operator from its longtime home at 200 S. ... (read more)
Las Vegas Ready for July 4th2 July 2004
LAS VEGAS -- Though this weekend's planned celebration comes largely at their nation's expense,
British travelers Chris and Beryl Kington said they're still looking forward to being
in Las Vegas for Sunday's 228th anniversary of the United States' declared
independence from English rule.
"We've ... (read more)
McCarran Records its Busiest May Ever28 June 2004
Passenger traffic at McCarran International Airport increased at more than three times the national average during this year's first five months, providing further evidence Las Vegas' tourism industry is in the midst of what could become its busiest year ever.
The Clark County Aviation Department ... (read more)
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