Las Vegas Sun

Sun archives Headlines from the Vegas gaming industry When MGM Mirage took longer than expected to secure bank financing for CityCenter, many saw their doubts that the $9.2 billion city-within-a-city would be finished on time, if at all, confirmed. That was an overreaction, though perhaps the doubters can be forgiven based on the fact that CityCenter is the most expensive privately financed project in U.S. history and is taking shape during one of its deepest downturns. No wonder that executives ...

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Blog Vegas Happens Here: Why 40/40 @ Palazzo Was A Bad Idea African-American members of the Nevada legislature and other leaders in the Nevada black community say they are surprised ...

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Indian casinos nationwide generated 5 percent more gambling revenue in 2007 than the previous year in spite of an economic slowdown that began to take effect in the fourth quarter of last year, according to a report released today.

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A month ago, investors panicked over news that Nevada’s gambling revenue in May plummeted 15 percent to its lowest level in 11 years while Strip gambling revenue fell 16 percent.

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Bank of America gaming stock analyst Shaun Kelley has released a report stating that Boyd Gaming’s retail mall at its Echelon resort under way on the Strip could be delayed by developer General Growth Properties because of the credit crunch.

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Related stories Gaming and business blogs With banks tightening their belts and consumers tightening their wallets, it’s a good time to be Frank Merola. As a bankruptcy attorney specializing in ...

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What do you do when your profit is down in the double digits and near-term profits are uncertain?

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CityCenter recently revealed several retailers and dining establishments planned for its 500,000-square-foot retail space known as The Crystals.

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When Steve Wynn hired some 10,000 workers for the 2005 opening of Wynn Las Vegas, he initiated an interview process designed to draw prospective applicants into casual and free-flowing conversation, thus discovering and hiring the most engaging personalities.

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After Thursday’s news of double-digit declines in gambling revenue in Las Vegas, the latest tourism statistics from the Las Vegas Convention and Visitors Authority seem anticlimactic. Or, in other words, like more of the same.

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