 | The closure of 11 coast casinos last week resulted in an estimated loss of as much as $28 million in gross revenue. The onslaught of evacuating coast residents, however, helped hotel occupancy rates spike.
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New York-based Related Cos. has been hired to finish development of the $3.9 billion project that sits on 8.5 acres on the Las Vegas Strip, between CityCenter and the Bellagio.
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A consulting firm reported that the state's 27 gaming facilities took in a $1.3 billion last year, a 7.3% improvement from the year before.
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Billionaire gambler Fouad "Fat Man" al-Zayat won a legal bid to avoid paying the losses he suffered during one night at a London casino.
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The project at the southeast corner of Las Vegas Boulevard and St. Rose Parkway had 1,600 job applicant even before it kicked off a hiring campaign last week.
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For the first time in five months, the average daily stock price of the major publicly traded casino operators and slot machine makers rebounded after some companies fell to historic lows.
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An improper type of resin on two decorative features helped start the devastating fire that caused $100 million in damage at the Monte Carlo in Las Vegas in January, according to a Clark County report.
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Donald Catlin: 
