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Rod Smith Gaming Guru - Page 39Venetian Plows Ahead, Closure Nears for Tam O'Shanter7 January 2004
and Erik C. Huey
Another piece of Las Vegas history will close next week to make way for The Venetian's second Las Vegas resort on the corner of Twain Avenue and the Strip, across from Wynn Resorts' new hotel-casino.
Plans for the new resort call for building a 3,000-room hotel tower that will cost ... (read more)
Park Place Hails Change to Caesars7 January 2004
LAS VEGAS -- Park Place Entertainment Corp. officially changed its name Tuesday to Caesars Entertainment in a move the company hopes will boost its efforts to develop new gaming markets.
Caesars President Wally Barr helped mark the company's name and stock ticker change by ringing the bell to open the New ... (read more)
Tourism: Visitors Find Las Vegas Vulnerable6 January 2004
LAS VEGAS -- Visitors to Las Vegas have a newfound belief that the city is as vulnerable as the rest of the nation to terror attacks, an MRC Group Research Institute survey released Monday showed.
"Basically, where Las Vegas was feeling a lot safer than everybody else, we don't feel too safe (to visitors) anymore. ... (read more)
Gaming Stocks Turned Out to be Sure Bet in 20032 January 2004
The past 12 months have been a banner year for gaming stocks, with the average value of casino shares up almost 40 percent -- more than double the broader market indices.
"The surprise of 2003 was how much the consumer was willing to put up and still want to travel especially when it came to gaming," said Goldman Sachs analyst Steve Kent. ... (read more)
Casinos, Airlines Ordered to Give FBI Information31 December 2003
LAS VEGAS -- Las Vegas hotel operators and airlines serving McCarran International Airport are being required by the FBI to turn over all guest and passenger names and personal information, at least during the holiday period, several sources said Tuesday.
FBI spokesman Todd Palmer confirmed the federal ... (read more)
New Year's: Strip No-Shows Surface30 December 2003
LAS VEGAS -- Cancellations for New Year's Eve jumped dramatically in the past week at previously sold-out Strip hotels, a Deutsche Bank survey found Monday.
While only four Strip properties still reported rooms available last week, cancellations had opened rooms at 10 added major properties as of Monday ... (read more)
Concerns About Security Not Deterring Strip Visits29 December 2003
LAS VEGAS -- Visitors kept flocking to the Strip at the end of the holiday week despite broadcasts Friday on CNN and Fox News about terror threats to Las Vegas, gaming industry operators said.
R&R Partners Chief Executive Officer Billy Vassiliadis said the public has become "somewhat skeptical and ... (read more)
Jingle bells! Casinos Swell for Holiday29 December 2003
LAS VEGAS -- For major Strip operators, Christmas was merry and bright.
Most operators reported they were fully booked for the Christmas holiday without a single room left in their hotels and none listed on Internet travel sites. Though a limited number of local properties on Friday reported some rooms ... (read more)
Judge Tosses Gambler's Conviction28 December 2003
A judge threw out a conviction against an advantage gambler and professional personal trainer who was convicted earlier this year of disorderly conduct for allegedly resisting arrest while being detailed, handcuffed and roughed up at the El Cortez.
District Judge Joseph Bonaventure on Wednesday ... (read more)
Park Place Confirms Deal for Sale of Las Vegas Hilton28 December 2003
Park Place Entertainment Wednesday confirmed reaching a definitive agreement to sell the Las Vegas Hilton for $280 million to Colony Capital, a Los Angeles-based international private investment firm.
Park Place President Wally Barr said in a statement released Wednesday that his company's strategy ... (read more)
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