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Tim O'Reiley Gaming Guru - Page 8Who's got clout? The Las Vegas Business looks at 10 movers and shakers who shape business in the valley20 November 2012
LAS VEGAS -- Clout can be fleeting. Especially in Las Vegas. Times change quickly in Southern Nevada. During the boom period, gaming ruled as new megaresorts on the Strip fueled a booming economy. The recession altered the status quo. Gaming, in some sense, has taken a backseat to other types of development and job creation. ... (read more)
Union's rolling billboard parodies Allegiant slogan16 November 2012
LAS VEGAS -- Negotiators for the Transport Workers Union tried to settle a large majority of the issues for the initial contract covering Allegiant Travel Co. flight attendants in September before calling in top executives to seal the deal. Instead, Allegiant Chairman and CEO Maurice Gallagher Jr. remained ... (read more)
Wynn Resorts ordered into arbitration over disputed fee15 November 2012
LAS VEGAS -- An appellate court ruling will force Wynn Resorts, Limited into arbitration over a disputed fee to an investment bank it hired in the depths of the recession but ultimately did not use. Atlantic-Pacific Capital of Greenwich, Conn., was retained in March 2009 to raise equity to buy three ... (read more)
Okada's counterattack against Wynn Resorts scaled back14 November 2012
Kazuo Okada's counterattack against Wynn Resorts, Limited for the forced redemption of his shares in February was trimmed at a Tuesday hearing but largely left standing. Clark County District Judge Elizabeth Gonzalez removed one count that Okada, through his Aruze USA Inc., had based on the Racketeer Influenced and Corrupt Organizations Act. ... (read more)
Company linked to LVH pursues 'Vegas International' trademark12 November 2012
LAS VEGAS -- Could the casino now known as the LVH wind up with the name Vegas International Casino + Hotel? American Casino and Entertainment Properties LLC, which applied for a trademark for the name and accompanying logo, is in the middle of the month during which outsiders can register their opposition. ... (read more)
Greyhound starts new faster runs between Las Vegas, L.A.8 November 2012
LAS VEGAS -- The dog has started running faster. Greyhound launched its express service from its downtown station next to the Plaza to Los Angeles on Wednesday, shaving about one or two hours off the standard one-way trip by eliminating all but one stop. The company also runs buses - either new or ... (read more)
Letter knocks Wynn board exclusion4 November 2012
LAS VEGAS -- Although Kazuo Okada dropped his plan for a proxy battle last month, he still sent his greetings to the Wynn Resorts Holdings, LLC annual meeting on Friday. In a letter dated Oct. 31 but released by one of Okada's law firms shortly after the meeting started, the Japanese gaming tycoon and former largest shareholder, decried the "illegal maneuver" the company took on Feb. ... (read more)
Partnership to complete foreclosure on LVH31 October 2012
LAS VEGAS -- Ronald Johnson checks out at midnight as the receiver for the LVH - Las Vegas Hotel and Casino. A partnership between Goldman Sachs Mortgage Co. LLC and the New York-based real estate investment firm Gramercy Capital Corp. will complete the foreclosure on the 2,950-room off Strip property. ... (read more)
Hurricane Sandy means fewer people leaving Las Vegas30 October 2012
LAS VEGAS -- When Keith and Deb Berner went to McCarran International Airport on Monday morning, they didn't expect problems. Their destination, Cleveland, was well out of Hurricane Sandy's way, and they had a nonstop flight. Still, United Airlines had canceled the 10:55 a.m. departure. "We were willing to ... (read more)
McCarran traffic drops 3 percent in September30 October 2012
LAS VEGAS -- The slide in passenger traffic at McCarran International Airport intensified in September with the weakest performance in more than two years. The 3.4 million people passing in and out of its terminals marked a 3 percent decline compared with the same month last year, as four of the five top airlines shrank. ... (read more)
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