Las Vegas Review-Journal
Wednesday, August 29, 2007
Tuesday, August 28, 2007
Monday, August 27, 2007
Saturday, August 25, 2007
Another project on Strip delayed: Olympia Gaming puts off work on $1 billion hotel-casino
Las Vegas Review-Journal
Friday, August 24, 2007
Thursday, August 23, 2007
Tuesday, August 21, 2007
Monday, August 20, 2007
Collective Vision: North Las Vegas business leaders set to redefine city's center
special to the Business Press
Business Press item
If you're going to commit a crime at any Harrah's Entertainment property, you might not want to use a Total Rewards customer loyalty card.
A California couple was arrested at Caesars Palace on July 30 and charged with passing $100 counterfeit bills through slot machines.
The couple alledgedly had spent a wild weekend at the Strip property, dropping Benjamins in 13 slot machines.
Caesars security got wise after identifying the machines that had accepted the fake greenbacks and crossing the information with the loyalty card database, according to a recent article in the Review-Journal.
This bit of sleuthing follows a request by an Indiana prosecutor for customer information regarding a faulty slot machine at Caesars Indiana.
The casino reported a loss of $487,000 in July 2006 to patrons who used a slot machine installed with software not designed for U.S. currency.
The problem was discovered after a patron reported receiving $200 in credit after playing $20.
The casino's report to the police said 24 patrons had swiped their Total Rewards card before ripping off the machine.
State gaming officials did, however, fine the casino $15,000 for failing to test the machine.
A California couple was arrested at Caesars Palace on July 30 and charged with passing $100 counterfeit bills through slot machines.
The couple alledgedly had spent a wild weekend at the Strip property, dropping Benjamins in 13 slot machines.
Caesars security got wise after identifying the machines that had accepted the fake greenbacks and crossing the information with the loyalty card database, according to a recent article in the Review-Journal.
This bit of sleuthing follows a request by an Indiana prosecutor for customer information regarding a faulty slot machine at Caesars Indiana.
The casino reported a loss of $487,000 in July 2006 to patrons who used a slot machine installed with software not designed for U.S. currency.
The problem was discovered after a patron reported receiving $200 in credit after playing $20.
The casino's report to the police said 24 patrons had swiped their Total Rewards card before ripping off the machine.
State gaming officials did, however, fine the casino $15,000 for failing to test the machine.
Sunday, August 19, 2007
Gaming Column Item
A Nevada Supreme Court appeal by two dealers challenging Wynn Las Vegas' tip-pooling policy is quietly winding through the system.
The court said in July it would accept briefs from two former state assemblymen, David Mello and Jack Lund Schofield, and the dealer's new union in support of the dealer's arguments.
The ex-assemblymen said a 1971 state law revision they authored has been misinterpreted by the courts when used in tip-pooling cases. The revision was intended to prevent an employer from taking tips from one group of employees and giving the money to another, they said.
The dealers filed their appeal in May after a judge dismissed the class action lawsuit Dec. 6, saying the dealers are not contract employees and state law allows casinos to change their tip-pooling policies.
Las Vegas Review-Journal
The court said in July it would accept briefs from two former state assemblymen, David Mello and Jack Lund Schofield, and the dealer's new union in support of the dealer's arguments.
The ex-assemblymen said a 1971 state law revision they authored has been misinterpreted by the courts when used in tip-pooling cases. The revision was intended to prevent an employer from taking tips from one group of employees and giving the money to another, they said.
The dealers filed their appeal in May after a judge dismissed the class action lawsuit Dec. 6, saying the dealers are not contract employees and state law allows casinos to change their tip-pooling policies.
Las Vegas Review-Journal
Saturday, August 18, 2007
Friday, August 17, 2007
Thursday, August 16, 2007
Wednesday, August 15, 2007
Tuesday, August 14, 2007
Monday, August 13, 2007
Business Press item
The Hard Rock Hotel quietly started bulldozing a few apartments on an adjacent property to make way for a $600 million expansion scheduled to begin in the fall.
Plans for a ground-breaking around Aug. 7 were pulled when hotel officials decided to wait for a more photogenic backdrop in the next few months.
Expansion plans include use of eight acres of the adjacent 23-acre Paradise Bay Club weekly apartments.
The remaining 15 acres will be either sold or developed in a partnership utilizing the Hard Rock brand.
An investment group led by Morgans Hotels Group paid $770 million in early 2007 for 39 acres covering the hotel and apartment complex.
Plans for a ground-breaking around Aug. 7 were pulled when hotel officials decided to wait for a more photogenic backdrop in the next few months.
Expansion plans include use of eight acres of the adjacent 23-acre Paradise Bay Club weekly apartments.
The remaining 15 acres will be either sold or developed in a partnership utilizing the Hard Rock brand.
An investment group led by Morgans Hotels Group paid $770 million in early 2007 for 39 acres covering the hotel and apartment complex.
Sunday, August 12, 2007
Friday, August 10, 2007
Thursday, August 09, 2007
Wednesday, August 08, 2007
Monday, August 06, 2007
Business Press item
A dispute with a trade union stopped construction for three days at Aliante Station, Station Casinos' latest project.
Company spokeswoman Lori Nelson declined to identify which trade union the dispute was with, only saying that it was over a "previously unresolved issue."
"We're on the path to a resolution that is mutually beneficial to both sides," Nelson said.
Construction halted on July 27 but resumed on July 31.
Station subsidiary Station Construction is the general contractor on the project. The Penta Building Group is also listed as a contractor.
Multiple inquiries to Penta were not returned.
The gaming company broke ground in February on the $650 million North Las Vegas project.
Station Casinos' 17th property in Southern Nevada is scheduled to open in early 2009.
Company spokeswoman Lori Nelson declined to identify which trade union the dispute was with, only saying that it was over a "previously unresolved issue."
"We're on the path to a resolution that is mutually beneficial to both sides," Nelson said.
Construction halted on July 27 but resumed on July 31.
Station subsidiary Station Construction is the general contractor on the project. The Penta Building Group is also listed as a contractor.
Multiple inquiries to Penta were not returned.
The gaming company broke ground in February on the $650 million North Las Vegas project.
Station Casinos' 17th property in Southern Nevada is scheduled to open in early 2009.
Sunday, August 05, 2007
Gaming Column Item #2
The Imperial Palace has been spared the wrecking ball and is getting an upgrade.
Harrah's Entertainment is spending money and labor to enable the Strip casino's slot machines and amenities to accept the company's Total Rewards customer loyalty card.
The conversion is scheduled to finish by January.
Recent speculation had centered on the Imperial Palace's demise. Observers figured the land would become part of the company's larger Strip master plan.
Las Vegas Review-Journa;
Harrah's Entertainment is spending money and labor to enable the Strip casino's slot machines and amenities to accept the company's Total Rewards customer loyalty card.
The conversion is scheduled to finish by January.
Recent speculation had centered on the Imperial Palace's demise. Observers figured the land would become part of the company's larger Strip master plan.
Las Vegas Review-Journa;
Gaming Column Item #1
New York-based developer Elad Group says it does not owe local broker David Atwell any fees related to its $1.2 billion purchase of the New Frontier.
Atwell's company, Resort Properties of America, is suing Elad and an escrow company, claiming the brokerage company was the "procuring cause" for the sale.
In response to a July 28 Review-Journal article on the federal lawsuit, an Elad spokesman said the company is confident in its position.
"The company did not engage Mr. Atwell to act as a broker and he did not earn and is not entitled to a commission."
Resort Properties is asking for a $12 million buyer's broker fee plus damages.
Las Vegas Review-Journal
Atwell's company, Resort Properties of America, is suing Elad and an escrow company, claiming the brokerage company was the "procuring cause" for the sale.
In response to a July 28 Review-Journal article on the federal lawsuit, an Elad spokesman said the company is confident in its position.
"The company did not engage Mr. Atwell to act as a broker and he did not earn and is not entitled to a commission."
Resort Properties is asking for a $12 million buyer's broker fee plus damages.
Las Vegas Review-Journal
Saturday, August 04, 2007
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