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John G. Edwards Gaming Guru - Page 3Expansion of Las Vegas pipeline announced23 October 2006
LAS VEGAS, Nevada -- Kinder Morgan Energy Partners, the pipeline partnership controlled by billionaire Richard Kinder, on Thursday confirmed earlier reported plans to spend about $388 million to expand a gasoline pipeline to Las Vegas from California refineries.
The company announced its decision to ... (read more)
Let the Guessing Begin ...3 October 2006
LAS VEGAS, Nevada AND NEW YORK -- The $15 billion that two equity firms offered to take Harrah's Entertainment private created a frenzy of buying for other casino operator stocks on Monday, as investors speculated on the potential for similar offers for other gaming companies.
"New York equity funds are ... (read more)
Las Vegas Moving Closer to Fuel Linkup With Texas16 August 2006
A Phoenix gasoline pipeline company says it is ready to take a $390 million project off the drawing boards and move a step closer to bringing low-cost Texas gasoline to Las Vegas.
Pacific Texas Pipeline Co. said it is seeking agreements from companies that want to ship gasoline, diesel or jet fuel ... (read more)
Casino Stocks Mostly Unfazed by Latest Terrorism Incident14 August 2006
Gaming investors saw the foiled terrorist plot to bomb airline flights as a blip on their radar screens Thursday and showed little inclination to reduce their casino stock holdings.
"I don't think it's really had much of an effect at all," said analyst David Katz of CIBC World Markets. ... (read more)
23 Percent Increase: Utility Pursues Rate Hike18 January 2006
The skyrocketing price of natural gas will trigger a 23 percent increase in electric power rates in Southern Nevada this summer if state regulators approve a rate case filed by Nevada Power Co. on Tuesday.
Nevada Power Co. said a typical customer's year-round monthly bill will increase $30.62 to an ... (read more)
Gasoline Prices Won't Cause Tourism to Sputter24 March 2005
LAS VEGAS -- Gasoline prices continue to climb in Las Vegas and Nevada but analysts see no reason
to worry yet about it affecting the area's tourism.
The average price of a gallon of unleaded regular registered $2.31 in Las Vegas on
Wednesday, up almost 17 percent from Dec. 14 and 4 cents more ... (read more)
Analyst, Gaming Foe Disagree on Election Results4 November 2004
UNITED STATES -- The Rev. Tom Grey believes Tuesday's election results show it's about time for the
gaming industry -- which had been counting on several initiatives to expand its reach
in the United States -- to fold its hand.
The gambling foe and executive director of the National Coalition ... (read more)
Teamsters Approve New Pact, End Strike13 September 2004
LAS VEGAS -- Members of Teamsters Local 631 approved a new labor contract Saturday, ending a weeklong strike that was threatening to disrupt Las Vegas' multibillion-dollar convention business during one of its busiest times of the year.
A total of 1,033 union members turned out Saturday afternoon at the ... (read more)
Judge Blocks Strikers' Picket10 September 2004
LAS VEGAS –- A judge Thursday ordered a temporary end to union picketing at several locations
after hearing a complaint that a strike against convention service companies was
becoming "increasingly hostile and violent."
District Judge Stewart Bell issued a temporary restraining order against ... (read more)
Nevada Defies Jobless Trend9 August 2004
, Hubble Smith and John G. Edwards
Many Las Vegas employers, defying national trends as they have since the recent recession started four years ago, were adding jobs in July.
Keith Schwer, director of the Center for Business and Economic Research, said job growth in Nevada was about 4 percent in July, although final employment numbers will not be released by the state until Aug. ... (read more)
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