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.

Submitted by Guest on, Nov/06/2008

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.

Submitted by Guest on, Oct/30/2008

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.

Submitted by Guest on, Oct/27/2008

Gaming and the Presidential Election: All in for McCain

Gaming has bet the house on the presidential campaign of Republican John McCain.

Submitted by Guest on, Oct/26/2008

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.

Submitted by Guest on, Oct/22/2008

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.

Submitted by Guest on, Oct/16/2008

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.

Submitted by C Costigan on, Oct/14/2008

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

Submitted by Jagajeet Chiba on, Sep/29/2008

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.

Submitted by Jagajeet Chiba on, Sep/28/2008

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

Submitted by C Costigan on, Sep/25/2008

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

Submitted by Jagajeet Chiba on, Sep/18/2008

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.

Submitted by Guest on, Sep/16/2008

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

Submitted by Jagajeet Chiba on, Sep/14/2008

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.

Submitted by Tyrone Black on, Sep/05/2008

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

Submitted by Payton on, Sep/04/2008

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

Submitted by Guest on, Aug/26/2008

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&

Submitted by C Costigan on, Aug/18/2008

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%.

Submitted by Guest on, Aug/13/2008

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.

Submitted by Guest on, Aug/08/2008

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.

Submitted by Jagajeet Chiba on, Aug/07/2008

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.''

Submitted by Jagajeet Chiba on, Jul/31/2008

A Mormon linebacker tackles Las Vegas Underbelly

Submitted by Jagajeet Chiba on, Jul/26/2008

The US Economy in Dire Straits: Vegas Not Immune

Submitted by C Costigan on, Jul/21/2008

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.

Submitted by Payton on, Jul/20/2008

Barney Frank "Cult Hero" for Online Gambling

Submitted by C Costigan on, Jul/13/2008

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.

Submitted by C Costigan on, Jul/04/2008

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