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Rod Smith Gaming Guru - Page 3Inside Gaming Column: Las Vegas Tourism Could be a little Insecure5 September 2006
New national surveys seem to show Americans' fascination with Las Vegas could be waning. Americans still name the city as a top vacation destination, but they say security at airports will keep them closer to home. The cost of living has them looking for ways to save. Also, gaming may be losing its luster. ... (read more)
Is Rail the Solution for Gridlock?5 September 2006
SOUTHERN CALIFORNIA AND LAS VEGAS, NEVADA -- A heavy rail line bringing tourists in from Southern California and elsewhere will have to be a part of the solution to growing traffic problems along the Strip resort corridor, Regional Transportation Commission General Manager Jacob Snow and other local experts ... (read more)
Monorail Set to Grow29 August 2006
LAS VEGAS, Nevada -- Major expansion plans are in the works for the Las Vegas Monorail to help relieve traffic congestion along the resort corridor, including a hookup with the airport down Swenson Street and new stations that will link all four of the Strip's major convention centers for the first ... (read more)
Inside Gaming Column: A Strip Yes, But Not the Strip, Wynn Says28 August 2006
LAS VEGAS, Nevada -- With Wynn Macau about to open next month, megadeveloper Steve Wynn has been dreaming up plans for his next resort off the coast of China, this one on the so-called Cotai Strip. Wynn says his property is big enough to host four hotel-casinos or two megaresorts. Wynn is also fond of pointing out that the name Cotai Strip is misleading. ... (read more)
Tip Income Dispute: IRS Audits Anger Casino Workers21 August 2006
LAS VEGAS, Nevada -- A nasty dust-up over taxes owed on tip income has Las Vegas bar and restaurant workers seething and the Internal Revenue Service beating a hasty retreat -- for now.
The ruckus, which reached a head at a so-called "tip summit" between IRS and hotel-casino industry representatives on ... (read more)
Urban Growth: Strip Squeeze21 August 2006
LAS VEGAS, Nevada -- If you've driven down the Strip anytime in the past few years, you know how bad traffic is.
Now imagine yourself creeping along past one construction site after another trying to get to a restaurant on time with an additional 50,000 cars crowding the already jammed-up Las Vegas Boulevard every day.
... (read more)
Inside Gaming Column: Security Could Stifle Tourism, Polls Show21 August 2006
LAS VEGAS, Nevada -- Morning-after surveys suggest American travelers overwhelming support elevated security measures in airports following the recent terrorist threat. However, they also show that more than 10 percent of domestic airline passengers say they'll rethink their next vacation plans if security procedures stay the same. ... (read more)
Coffee CEO Applies for Gaming License18 August 2006
LAS VEGAS, Nevada -- Jeffrey Fine, a local real estate investor and chairman of Fine Concepts, which owns 13 Coffee Bean & Tea Leaf franchises here, seems ready to try his hand at a new career -- casino management.
State investigators are wrapping up background checks in preparation for ... (read more)
Inside Gaming Column: Harrah's, Boyd Land Swap Stalls, or Does It?8 August 2006
Sources who seem to know say Boyd Gaming Corp. is in no hurry swap the Barbary Coast plus cash for the Westward Ho site. First, Boyd's Strip site in the middle of Harrah's Entertainment's two-block stretch of Strip hotel-casinos is plenty big enough for a Cosmopolitan-type development, and could piggy-back on Harrah's soon-to-be announced redevelopment plans. ... (read more)
MGM Mirage Posts Record Revenues4 August 2006
LAS VEGAS -- Despite a faltering lower-end market, MGM Mirage Thursday posted record revenues and earnings for the second quarter.
The salvation of the company's overall performance came from strong demand for its premium products and condo-hotel unit sales in its Signature project.
The company ... (read more)
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