Gamblers lost a record $34.13 billion in non-tribal casinos last year, a 5 percent increase from 2006 and more than consumers spent going to movies and buying video games combined, the American Gaming Association reported today in its annual industry survey.
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MGM Mirage officials topped off the first of six high-rise towers on its CityCenter development Wednesday, and a senior company official said it was pushing ahead despite nervousness across the casino industry because of the uneasy U.S. economy.
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The Las Vegas Convention and Visitors Authority reported more of the same today: fewer visitors, especially convention goers, are coming to town.
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For the third month in a row, the state of Nevada is reporting a significant decline in gaming revenue blamed on the economy.
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Today’s news that Tropicana Entertainment is filing for Chapter 11 bankruptcy protection comes on the heels of a much-publicized slowdown that has uncovered the myth that gaming is a recession-proof ...
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LAS VEGAS (AP) _ Casino operator Wynn Resorts says its first-quarter profit fell 20 percent on an increase in operating costs.
The Las Vegas-based co-developer of an upscale condominium project in the southwest valley filed a lawsuit today accusing its Irish partner of hijacking the development.
In a move that could reverberate across the casino industry, the Atlantic City Council voted unanimously Wednesday night to ban smoking in the nation’s No. 2 gaming market.
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Officials at McCarran International Airport say they aren’t worried about being paid by the bankrupt airlines that packed up operations in a recent flurry of Chapter 11 filings.
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Excluding the value of stock options and awards, MGM Mirage Chief Executive Terry Lanni earned $9.6 million in compensation last year. That figure includes a salary of $2 million and incentive-based compensation of $6.4 million, according to the company’s latest proxy.
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