Las Vegas
Las Vegas Sands Plunges on Default, Bankruptcy Risk
Nov. 6 (Bloomberg) -- Las Vegas Sands Corp., billionaire Sheldon Adelson's casino company, plunged in New York trading after saying it may default on debt and face bankruptcy.
The casino owner, which had $8.8 billion in long-term debt at the end of June, said in a regulatory filing today that it probably won't meet the requirements of some loans unless it cuts spending on development projects, boosts earnings at its Las Vegas Strip casinos and raises more capital.
Lefty Rosenthal Was an FBI Snitch
Back before he was mayor of Las Vegas, when he was the city's leading mob attorney, Oscar Goodman insisted he didn't represent snitches.
Las Vegas Casinos Go Empty During Tough Economic Times
(Rueters) - LAS VEGAS: With just days to go until the US presidential election, financial gloom hangs like a pall over visitors to Las Vegas.
Gaming and the Presidential Election: All in for McCain
Gaming has bet the house on the presidential campaign of Republican John McCain.
Wynn Las Vegas Receives Honor
For the second year in a row, Wynn Las Vegas has been awarded Five Red Pavilions from the 2009 Las Vegas Michelin Guide.
Frank Lefty Rosenthal Dead: Suffers Heart Attack
MIAMI (AP) - Frank "Lefty" Rosenthal, the sports handicapper, Las Vegas gaming executive and the inspiration for the blockbuster movie "Casino," died Monday. He was 79.
Is Rough Economy Hurting Poker? Online and Brick and Mortar Evidence
Gambling911.com speaks to many online poker affiliates on a regular basis. The consensus is clear: revenues are down thus far in October, way down.
Can John McCain Win in Nevada?
In terms of Nevada issues, McCain unsuccessfully tried to ban college sports betting in Nevada, an unpopular move in a state where gambling is an economic engine, writes Dave Toplikar of the Las Ve
Miami Beach The Next Gambling Mecca?
Could a Miami Beach hotel be looking to offer a casino? This was the question being posed by the Miami Herald this weekend.
Vice Shares Like Gambling Help to Stimulate the Economy
The portfolio of "unethical" shares which we picked on this week last year has unsurprisingly lost value in the past 12 months, but has beaten the general market, as well as the FTSE For
Some Around Vegas Panic In Wake of Nevada Bank Closure, Market Meltdown
Southern Nevadans are panicking and considering extraordinary steps to avoid losing more money in the stock market, real estate and even bank savings accounts, one local banker told the
Las Vegas Begs Poker Players to Start Playing “regular” games
Forbes.com announced last week that Vegas gambling revenue declined 14 percent in the month of July. Shortly following that announcement it was leaked that leaders from the large casinos such as The Bellagio and The Wynn have asked big poker players like Doyle Brunson and Phil Ivey to start playing "regular" games like Craps and Blackjack so that they have a shot at their money too.
When reached for comment, Phil just stared down the camera.
OJ Simpson Trial Promises New Spectacle in Las Vegas
While OJ Simpson's latest trial - related to a Las Vegas hotel armed robbery - is less likely to draw the national attention his first murder trial did in 1995, Sin City will still be taking center
Michael Phelps Gets Another Gold…At Strip Club
Radar managed to get some good photos of Olympian gold medal record holder, Michael Phelps, grabbing for the live preservers...only these were implanted in some hot Vegas strippers chest.
Southwest Airlines Lets the Industry Have it During 2008 NFL Opener
Southwest Airlines - the official sponsor of the NFL - let the airline industry have it Thursday night with an ad that reinforces the idea that Southwest, unlike most of its competitors, does not c
Virgin America Kicks of New York-Las Vegas Flight With Season 5 of Entourage
Virgin America today announced it is teaming up with HBO to launch the airline's new non-stop New York-Las Vegas flights and Season 5 of Entourage in high style with "Entourage Class" ser
John McCain’s 14 Hour Impulsive Casino Craps Play
The Huffington Post on Monday featured an article on US Republican Presidential candidate John McCain and what they allege is an "impulsive&
Las Vegas Continues to be Paralyzed by US Economy Woes
Statewide, gambling revenue for June was down a little more than 1% at $949.3 million, according to the Nevada Gaming Control Board.
And on the Strip -- which accounts for roughly half of all gambling in the Silver State -- monthly revenue fell 3% to $486.4 million. After a relatively upbeat start to 2008, Nevada gambling revenue is down nearly 2% for the year to date, with the Strip off 1.5%.
Steve Wynn Attacked by Hookers at His Strip Resort
Casino mogul Steve Wynn was reportedly attacked by two sister hookers this week at his strip hotel in Las Vegas.
Reports had Sarah Cournede approaching Wynn and soliciting him for sex, which he refused. He did, however, allegedly confuse her with someone else - a girl named "Jamie" or perhaps a guy named "Jamie".All he kept saying was Jamie, Jamie, Jamie, like screaming Jamie.
Deutsche Bank AG Forecloses on $3.5 bil Las Vegas Casino
The $3.5 billion Cosmopolitan Resort & Casino in Las Vegas has come to stand for everything that could possibly go wrong with today's mortgage crisis.
Starbucks Closes 16 Starbucks in Las Vegas
A sure sign the US economy is in trouble - Starbucks is closing 600 of 11,168 stores and 16 in Las Vegas alone (10 percent of all Starbucks in Sin City).
Starbucks' surge and contraction mirror the Las Vegas economy, said Keith Schwer, director of the Center for Business and Economic Research at the University of Nevada in Las Vegas. ``We've gone from having a better unemployment situation than the national economy to one that is slightly less.''
Exxon Biggest Quarterly Profit in US History as Airlines, Vegas Suffer
Poker Dealer Dreamt of Becoming a Hitman
Essam Ahmed Eid, a 53-year-old Egyptian man living in Vegas and dealing poker at the Bellagio, dreamed of becoming a hit man.
Wynn Continues With Lawsuit Frenzy: Sues Girls Gone Wild
Wynn Las Vegas Casino first went after NBA star Charles Barkley for a gambling debt, then - just the other day - they announced a lawsuit against the NBA itself.
