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Friday, February 04, 2000

Daily Photo
J. Terrance Lanni




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TOP STORIES

Ex-MGM exec joins dot-com

Ex-MGM Grand Chief Executive Officer J. Terrence Lanni was named to the board of Youbet.com, an Internet betting service that allows gamblers to place bets and watch coast-to-coast horse races.
      In December, Lanni, 56, left MGM Grand as the company's chief executive officer but continues to serve as the chairman of the company's board of directors. He is an avid horse racing fan who owns thoroughbred horses.
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Fliers' laments increase

WASHINGTON -- Airline passengers have a message: We will not go quietly from bad service on that last flight.
      In 1999, the number of complaints to the Transportation Department concerning the 10 major U.S. carriers more than doubled, ballooning to 13,709 from 5,808 in 1998. This increase occurred while the number of passengers on those carriers increased by about 16 million between 1998 and 1999 to 553.8 million, a growth of about 3 percent, the department said.
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TODAY'S BUSINESS DIGEST
IN BRIEF
Turnberry may buy shuttered El Rancho A company developing luxury high-rise condominiums in Las Vegas may buy the shuttered El Rancho, John Riordan, Turnberry Associates vice president, said.

Fliers' laments increase
WASHINGTON -- Airline passengers have a message: We will not go quietly from bad service on that last flight.

Attorney general recommends settlement of Culinary suit
CARSON CITY -- A lawsuit brought by the Culinary union against the attorney general's office over a Depression-era Nevada law that makes it a crime to say disparaging things about a bank's financial condition is being recommended for settlement.

Palm City foreclosure sale delayed
A foreclosure sale on a 500-acre residential site in Henderson was postponed Thursday. The foreclosure sale on the site, known as Palm City, was delayed because a Carson City businessman has offered to pay mortgage holders $26.

Inside business
Xertain to acquire Innovative Gaming Xertain Inc. of Las Vegas will purchase slot manufacturer Innovative Gaming Corp.

Harrah's, Players say merger is on
lasvegas.com Gaming Wire Harrah's Entertainment and Players International have agreed neither company will exercise its right to terminate their announced merger until Feb.

Ex-MGM exec joins dot-com
Ex-MGM Grand Chief Executive Officer J. Terrence Lanni was named to the board of Youbet.com, an Internet betting service that allows gamblers to place bets and watch coast-to-coast horse races.

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