TOP STORIES -- Friday, September 27, 2002

Coalition outlines objectives

Southern Nevada's home-construction industry has undertaken grass-roots efforts to rectify problems stemming from construction defects, including the unavailability and skyrocketing cost of liability insurance and excessive litigation, an industry representative said Thursday.

Steve Hill, chairman of the Coalition for Fairness in Construction, said the industry needs to rebuild its relationship with homeowners and come together as one voice in Carson City for next year's Legislature.
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GAMING REGULATION: Bingo scandal spurs device scrutiny

An electronic bingo scandal believed to have victimized thousands of gamblers at several Las Vegas area casino bingo halls has prompted Nevada gaming regulators to begin checking other types of casino equipment for vulnerability to similar schemes, Gaming Control Board Chairman Dennis Neilander said Thursday.

Neilander said before the bingo scandal, the control board didn't believe that equipment like GameTech International's card minders could be used to cheat. But the realization that they could be tampered with has prompted a thorough review of other gaming-related equipment.
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BUSINESS DIGEST

Silver State basks in gold's new glitter

RENO Gold is glittering again in Nevada. Last fall, the price of the precious metal languished as low as $272 an ounce.

Barrick Gold lowers forecast

ELKO -- Barrick Gold Corp. said Thursday it was cutting its earnings expectations for the current quarter and the full year, citing reduced production, higher costs and lower sales.

INSIDE BUSINESS

Trade group reports sell-out for LV expo The Electronic Retailing Association, a Washington, D.

Air Canada's Tango unit to add Las Vegas flight

Canadians in search of warmer climes, cheap buffets or the chance to gamble on the Strip will soon have an expanded selection of low-cost flights to and from Las Vegas.

Bid for Nevada Power restated

An official of the Southern Nevada Water Authority on Thursday expressed optimism that Sierra Pacific Resources would agree to negotiate the authority's $3.

Bellagio pays fine, settles cash-handling violation

Bellagio lawyers handed a $25,000 check to state officials Thursday to settle a cash-handling violation after the Nevada Gaming Commission voted 5-0 to accept the settlement agreement.

Teamsters to boycott Park Place Entertainment properties

The International Brotherhood of Teamsters Thursday announced a unionwide boycott of Park Place Entertainment properties.

BUSINESS BRIEFS

NEW YORK Airline losses could hit $8 billion, group says The Air Transport Association, a trade group, is predicting that the airline industry could easily lose $8 billion by the end of the year, exceeding the record-breaking losses of 2001.

Coalition outlines objectives

Southern Nevada's home-construction industry has undertaken grass-roots efforts to rectify problems stemming from construction defects, including the unavailability and skyrocketing cost of liability insurance and excessive litigation, an industry representative said Thursday.

GAMING REGULATION: Bingo scandal spurs device scrutiny

An electronic bingo scandal believed to have victimized thousands of gamblers at several Las Vegas area casino bingo halls has prompted Nevada gaming regulators to begin checking other types of casino equipment for vulnerability to similar schemes, Gaming Control Board Chairman Dennis Neilander said Thursday.

PHOTO: Say 'Hi' to the Newest Best Buy



BUSINESS NEWS FROM

Tech

• Venture Capital Fund Raising Falls Again
• Judge Upholds BellSouth-Sprint Ruling
• 'Cyberbegging' Sites Popping Up on Web
• Intel Co-Founder Predicts Industry Growth
• 'Dell Dude' Arrested on Drug Charge
• EU Proposes Agency to Combat Cybercrimes
• Famous Hacker Suffers Web Site Break-Ins

Business

• Dow Closes Up 56, Nasdaq Gains 14
• J&J Buys Scios to Boost Biotech Position
• Venezuela Continues Ban on Dollar Sales
• Reams of Paper Delay Fastow Case
• Energy Costs Soar With Cold, Iraq Threat
• YUM! Reports Solid Increase in 4Q Sales
• ImClone Shares Up on Cancer Drug Forecast

Daily Photo

Steve Hill
Coalition leader says builders need chance to fix defects


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