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Friday, September 17, 1999

Daily Photo
A worker for Ad Art puts up the new Raley's sign on a former Albertson's sore at 8150 S. Eastern Av. It's the first of 19 Albertson's stores in Las Vegas being taken over by Raley's
Photo by Jerry Henkel/Review Journal.



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TOP STORIES

Raley's to open first LV store

The first of 19 Raley's Supermarkets and Drug Centers in Las Vegas opens Saturday at 8150 S. Eastern Ave. as the Northern California food chain begins its takeover of former Albertson's stores here.
      In the next few weeks, Raley's will be closing the remainder of Albertson's stores for three days each so employees can "re-merchandise" the stores with Raley's private labels and fresh produce, meat, bakery and deli items.
FULL TEXT

Kerkorian acquires Mirage shares

MGM Grand Co. Chairman Kirk Kerkorian has purchased 4.9 percent of the stock in Mirage Resorts Inc., prompting speculation among gaming analysts as to the next move for the two casino giants.
      Analysts speculated the move could lead to a takeover effort by Kerkorian if Mirage stock remains undervalued.
FULL TEXT


TODAY'S BUSINESS DIGEST
MGM Grand: Tax laws keeping gamblers from high-end slots
Associated Press DETROIT -- MGM Grand casino officials say Michigan's tax laws are keeping rich-blooded gamblers from playing their Detroit casino's high-end slots.

Kerkorian acquires Mirage shares
MGM Grand Co. Chairman Kirk Kerkorian has purchased 4.9 percent of the stock in Mirage Resorts Inc.

Inside business
Chamber names award winners The Las Vegas Chamber of Commerce named the winners of its annual Community Achievement Awards.

Raley's to open first LV store
The first of 19 Raley's Supermarkets and Drug Centers in Las Vegas opens Saturday at 8150 S. Eastern Ave.

Polo Towers expanding
The company that owns the Polo Towers and Jockey Club time-share units in Las Vegas has changed its name to Diamond Resorts International and is adding a third tower to its flagship property.

Judge allows additional depositions
A District Court judge ruled Thursday that The Venetian may take the depositions of six members of the board of directors of the Las Vegas Convention and Visitors Authority to determine if there were violations of the state's open meeting law when the board approved a now stalled proposed expansion of the Las Vegas Convention Center.

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