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November 21, 2009

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Recent Stories (view all stories)

Fontainebleau contractors say sales process is flawed
Friday, Nov. 20, 2009
Contractors that claim to be owed $424 million today objected to the Fontainebleau Las Vegas sales process in which Penn National Gaming could pick up the unfinished project for less than $102 million.
Joint venture will acquire Hughes Center owner
Friday, Nov. 20, 2009
A big nationwide real estate deal announced today includes the high-end, 115-acre Hughes Center office and business complex in Las Vegas. Its owner, Crescent Real Estate Equities Limited Partnership of Fort Worth, Texas, has been taken over by Barclays Capital, part of London-based banking giant Barclays Bank Plc.
Vegas company to pay $1 million to settle Arizona case
Friday, Nov. 20, 2009
Global Cash Access Holdings Inc. of Las Vegas on Thursday disclosed details about its agreement with Arizona gaming regulators, saying it will pay $1 million to settle an investigation involving actions years ago involving the company's founders.
SEC sues former gaming exec for alleged insider trading
Friday, Nov. 20, 2009
The Securities and Exchange Commission on Thursday sued former gaming executive R. Brooke Dunn, charging he and a friend were involved in illegal insider trading of the securities of Shuffle Master Inc. of Las Vegas.
Station Casinos, lenders agree to rent decrease at 4 properties
Friday, Nov. 20, 2009
Station Casinos Inc. and key lenders have reached an agreement to temporarily slash the rent that Station pays to lease from itself four of its most valuable hotel-casinos.
Culinary Union statement critical of Station Casinos
Thursday, Nov. 19, 2009
The Culinary Union issued a statement Thursday critical of Station Casinos Inc. and called on creditors in its bankruptcy case to demand that Station insiders make a significant equity investment in the company.
Las Vegas likely to see Thanksgiving holiday travel boost
Thursday, Nov. 19, 2009
Travel is expected to increase nationwide over Thanksgiving and Las Vegas properties will likely see more drive-in traffic from the big Southern California market, industry officials said this week.
Creditors want to expand probe of Station Casinos deal
Thursday, Nov. 19, 2009
One day before a key hearing in Station Casinos Inc.'s bankruptcy case, a creditors committee has signaled its intention to widen an investigation into the 2007 deal in which the Las Vegas company was taken private for $5.7 billion.
Bondholders say Herbst overpaid in deals, fight to recover debt
Wednesday, Nov. 18, 2009
Bondholders owed $362 million by Herbst Gaming aren't giving up on hopes of collecting some of that debt.
Company sues over card shuffler at Vegas gaming expo
Wednesday, Nov. 18, 2009
Casino industry supplier Shuffle Master Inc. sued a company based in Taiwan on Tuesday, charging the defendant is promoting a card shuffler at a Las Vegas trade show this week that infringes on Shuffle Master's patents.

(view all stories)

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