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Rod Smith Gaming Guru - Page 31A Busy Day at Bellagio16 April 2004
LAS VEGAS -- Not only is MGM Mirage's flagship property, the Bellagio, open for business again,
but it enjoyed a busier than usual Thursday, a company spokesman, retailers and
guests agreed.
"A lot of the questions for the past few days have related to how to build the
business back and restore trust in the property. ... (read more)
Bellagio Reopens15 April 2004
LAS VEGAS -- Lights, action, check-in and gamble.
After 3 1/2 days in the dark because of a freak power failure, Bellagio turned the lights back on and began welcoming guests back to the 3,000-room Strip megaresort.
After an unexpected paid holiday from work while the Strip resort was shut down ... (read more)
Power May Be Restored to Bellagio Today14 April 2004
LAS VEGAS -- A small army of workers scurried all day and night Tuesday to get Bellagio ready for a reopening today although several government officials described any timetable to restore power and inspect the resort's electrical and safety systems as "extremely fluid."
The $1.6 billion Strip ... (read more)
Union, Tribe Trading Rhetoric14 April 2004
A war of words is raging in the wake of a worker demonstration in Palm Springs, Calif., between the Agua Caliente Band of Chuilla Indians and the unions pushing to organize its tribal casinos.
More than 300 demonstrators marched Thursday in Palm Springs, demanding workplace rights and union talks at the ... (read more)
Bellagio Workers Lose Out on Pay13 April 2004
The continuing power outage at the Bellagio has left many of the megaresort's 8,000 workers out of work and without pay for at least a day.
D. Taylor, secretary-treasurer of Culinary Local 226 which represents 3,925 of the workers, said the idled workers and lost pay are a serious concern to the ... (read more)
Economists: Las Vegas Economy Improving8 April 2004
LAS VEGAS - Profits at the major, publicly traded Las Vegas-based gaming companies jumped an
estimated 28 percent in the first quarter of 2004, signaling further improvements in
the local economy, local economists said Wednesday.
Net income for the top six gaming operators -- Harrah's Entertainment, Caesars
Entertainment, MGM Mirage, Mandalay Resort Group, Boyd Gaming Corp. ... (read more)
Mixed Reactions to UK Gaming Recommendations8 April 2004
LAS VEGAS --Las Vegas gaming operators pining for expansion opportunities in Great Britain were
largely undermined with official recommendations released by the House of Lords, two
Wall Street analysts said Wednesday.
However, two major Las Vegas operators and Joe Greff, gaming analyst at ... (read more)
Union Plans Protest in Palm Springs7 April 2004
A hotel union plans a major demonstration, including sit-down strikes and possible arrests, on Thursday as part of the first statewide gaming industry demonstration in California.
Jennifer Skurnik, the Hotel Employees and Restaurant Employees International Union's organizing director in ... (read more)
The Strip: Mandalay Revises Earnings Upward6 April 2004
Startled Wall Street analysts, seeing estimated first-quarter earnings at Mandalay Resort Group revised upward 30 percent Monday, described Las Vegas as a boom town with bright prospects for the months ahead.
Mandalay announced that its first-quarter earnings would exceed $1.10 per share, which ... (read more)
Deadline Passes, But Sales Talks Will Continue for Castaways6 April 2004
The deadline for the partnership of Randy Miller, Rich Gonzales and Rich Ionnone to buy the Castaways passed Monday without a final deal, but with negotiations still in progress, Vestin spokesman Steve Stern said.
The trio, owners of the Longhorn casino on Boulder Highway and the Bighorn casino in North Las Vegas, had signed an exclusive option Feb. ... (read more)
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