Steve Green

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Recent Stories (view all stories)

Former exec claims Kellogg Media inflated circulation numbers: Friday, Nov. 6, 2009; Legal problems appear to be mounting for Kellogg Media Group LLC of Las Vegas, publisher of the "What's On, The Las Vegas Guide" tourist magazine.
Judge dismisses suits blaming Las Vegas Sands for stock drop: Friday, Nov. 6, 2009; A state judge on Friday dismissed a group of shareholder lawsuits blaming Las Vegas Sands Corp. Chairman and CEO Sheldon Adelson and his fellow board members for the collapse of the gaming company's stock beginning in late 2007.
Adult model alleges Las Vegas company isn't sharing profits: Friday, Nov. 6, 2009; An adult model is suing a Las Vegas company, claiming it's operating an Internet site featuring her in photos and videos but has failed to share the Web site profits with her.
Report paints gloomy picture of Las Vegas commercial real estate: Friday, Nov. 6, 2009; When it comes to optimism about commercial real estate, Las Vegas received an unsurprising negative mention in a national report issued Thursday by the Urban Land Institute and accounting firm PricewaterhouseCoopers LLP.

The institute and accounting firm issued their Emerging Trends in Real Estate 2010 report, based on interviews and surveys involving some 700 industry professionals around the country.
Fontainebleau subcontractors organize to finish project: Thursday, Nov. 5, 2009; Several Fontainebleau Las Vegas subcontractors, including two Fortune 500 construction companies, said Thursday they've organized and are stepping up efforts to find financing and gaming partners to complete the project.
Galaxy Gaming reports higher revenue, narrows loss: Thursday, Nov. 5, 2009; Galaxy Gaming Inc., a small Las Vegas-based casino industry supplier, today reported higher revenue and that it sold $600,000 in stock through a private equity deal aimed at financing growth.
MGM Mirage loses $750M as CityCenter's value drops: Company maintained room occupancy levels, but with lower rates; Thursday, Nov. 5, 2009; With its CityCenter resort set to open, MGM Mirage today reported a loss for the third quarter as revenue fell on the Las Vegas Strip -- but also said its results are improving in the fourth quarter. "We continue to show sequential improvement in our operating results over the course of 2009,'' Chairman and Chief Executive Jim Murren said in a statement. MGM Mirage lost $750.4 million, or $1.70 per share in the third quarter vs. a profit in the year-ago quarter of $61.3 million or 22 cents per share.
Vestin Mortgage real estate trusts narrow losses: Wednesday, Nov. 4, 2009; The recession continued to hurt results in the third quarter at two real estate investment trusts run by Vestin Mortgage Inc. of Las Vegas, though both trusts narrowed their losses from year-ago levels.
Casino ATM supplier to settle Arizona complaint: Wednesday, Nov. 4, 2009; Global Cash Access Holdings Inc., a Las Vegas company providing ATM machines and credit services at casinos around the country, said Wednesday it agreed in principal to settle a complaint filed by Arizona regulators and will continue to operate in that state.
Appeals court sides with Harrah's, Pinnacle in Louisiana case: Wednesday, Nov. 4, 2009; A federal appeals court has upheld a ruling rejecting claims that two Las Vegas companies conspired to monopolize the Louisiana casino market. The 5th U.S. Court of Appeals last week ruled in favor of Harrah's Operating Co. and Pinnacle Entertainment Inc.