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Steve Green Gaming Guru - Page 5Bondholder drops lawsuit against Station Casinos13 May 2009
LAS VEGAS, Nevada -- A bondholder challenging Station Casinos Inc.'s plan for a prepackaged bankruptcy filing and debt exchange has dropped his lawsuit against the Las Vegas company, its board of directors and its key executives.
Bondholder S. Blake Murchison made headlines Feb. 13 when he sued ... (read more)
Riviera reports quarterly loss11 May 2009
At a glance...
+Las Vegas revenue plunged as visitation to the city declined and convention attendance fell
+Company defaulted on debt, failed to make $4 million in interest payments
+Riviera unable to gain walk-in traffic from Fontainebleau because of delays there
+++
LAS VEGAS, Nevada -- ... (read more)
Station Casinos sues Internet company over Web sites22 April 2009
LAS VEGAS, Nevada -- Station Casinos Inc. is suing two Internet companies that it says are infringing on trademarks Station owns for four of its Las Vegas hotel-casinos.
Station filed suit Friday in U.S. District Court in Las Vegas against Smart Answer, S.A.; and a woman living in Panama and associated ... (read more)
Station Casinos sues Internet company21 April 2009
LAS VEGAS, Nevada -- Station Casinos Inc. is suing an Internet company based in Panama that it says is infringing on trademarks Station owns for three of its Las Vegas hotel-casinos.
Station filed suit Friday in U.S. District Court in Las Vegas against Smart Answer, S.A.; and a woman living in Panama and ... (read more)
MGM Mirage, Harrah's on Fortune 500 list20 April 2009
LAS VEGAS, Nevada -- Two Las Vegas-based gaming companies are again the only Nevada firms included in Fortune magazine's annual Fortune 500 list of the nation's largest companies.
In 2009 rankings now out for Fortune's May 4 edition, Harrah's Entertainment Inc. is ranked No. 263 with 2008 revenue of $10.127 billion and MGM Mirage is ranked No. ... (read more)
As MGM honored, economy challenges diversity efforts30 March 2009
LAS VEGAS, Nevada -- Tears emerged from the eyes of several hotel and casino employees as they listened to the horrible comments about their co-workers.
A group of women of all races and men of color listened to the comments and looked into the eyes of their white male co-workers. The white men stood shoulder-to-shoulder, facing the group. ... (read more)
Tropicana creditors want Vegas property split from company25 March 2009
LAS VEGAS, Nevada -- Creditors of bankrupt Tropicana Entertainment LLC want the Tropicana hotel-casino on the Las Vegas Strip to be split off from the parent company and former MGM Mirage executive Alex Yemenidjian would be a key part of the deal.
A disclosure statement filed by the creditors with their ... (read more)
Adelson 'holding up quite well' despite recession11 March 2009
LAS VEGAS, Nevada -- Las Vegas Sands Corp. Chairman and Chief Executive Sheldon Adelson today said business remains sound for the company in Las Vegas despite concerns about the recession, a decline in corporate travel and the replacement of his top corporate lieutenant.
"We're holding up quite well,' ... (read more)
Wynn Resorts gets double dose of good publicity9 March 2009
LAS VEGAS, Nevada -- Wynn Resorts received a double serving of positive national publicity this weekend, landing on Barron's list of 10 good stocks to hold for the long haul and ranking highest among gaming companies on Fortune's list of the world's most admired companies.
Despite concerns that its stock ... (read more)
Riviera gets notice of technical default; stock tumbles4 March 2009
LAS VEGAS, Nevada -- Financial pressures are increasing for the owner of the Riviera hotel-casino in Las Vegas and the company's stock sunk to a 52-week low today on news that it's in technical default on a $245 million line of credit.
Riviera Holdings Corp. said it received a notice of technical default ... (read more)
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