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Sparkle seems off neon for Street

Wall Street has soured on Las Vegas. Gaming analysts are challenged to find nice things to say about the casino industry in light of poor financial performances in numerous markets, including the Strip, where gaming revenues fell more than 3 percent...

Trump's second tower may wait

New York billionaire Donald Trump arrives in Las Vegas this week to cut the ribbon on his shimmering $1.2 billion Trump International Hotel & Tower. Trouble, is the nongaming 64-story condominium and hotel may be the only building on the north...

Panel member might not keep seat

Gov. Jim Gibbons is not expected to reappoint Nevada Gaming Commission member Ray Rawson when his term expires next month, sources said last week. Rawson, a former state senator, was appointed to the five-member gaming regulatory and policy making...

Board seeking air-tariff controls

Las Vegas Sands Corp. is proceeding with plans to retrofit two former passenger airliners to serve as modified flying casinos, on which high-end customers can pass the time gambling while being shuttled between Asia and the company's Strip casinos...

Now you play it, now you don't

Trailer Station has competition. Slot route operator United Coin Machine received preliminary approval last week from state gaming regulators to operate a temporary 16-slot machine casino inside a closed strip mall at the northeast corner of the...

Wynn dividend raises eyebrows

The timing of a special dividend to investors by Wynn Resorts Ltd. was called into question by a few stock market observers. A day after Barron's panned the stocks of casino companies operating in Macau, Wynn Resorts, which owns the Wynn Las Vegas...

Company's future grows cloudier

Is the death watch on for Progressive Gaming International Corp.? The Las Vegas-based gaming technology provider has to post a $20 million bond while it appeals a $39 million judgment in a federal antitrust case. Last week, Progressive said it had...

TheStreet sees MGM pressing a point

Was there an issue underlying the timing of MGM Mirage's announcement last week that it would build a $5 billion resort in Atlantic City? TheStreet.com reported the company was using the announcement to pressure New Jersey gaming regulators to speed...

Executives exiting Black Gaming

Two executives from Black Gaming resigned recently as Mesquite casino magnate Randy Black Sr. is taking back tighter day-to-day control of the casino company. Chief Operating Officer Jonathan Lowenhar and Vice President of Marketing and Sales Scott...

Olympia Gaming turns eye to Kansas

Las Vegas-based Olympia Gaming is a partner with the Mohegan Indian Tribe of Connecticut and another developer to bid on a potential casino project in Kansas. The group, which calls its project Legends Sun, will compete against Las Vegas Sands Corp...