For the latest Las Vegas casino and gaming industry news and headlines visit reviewjournal.com.
An appeals court has overturned a ruling that awarded The Venetian an unpaid gambling debt of $499,000 plus interest, saying the judge erred by excluding evidence that the customer had terminated his line of credit.
An attorney for the California resident said the ruling could change how casinos govern lines of credit, or markers.
The visitor count for Las Vegas grew by 1 percent compared to the same month in 2009, the lowest rate of increase since April and less than half of the 2.6 percent for the first 11 months of last year, according to the Las Vegas Convention and Visitors Authority.
Gaming revenues fell almost 6 percent in November, ending a three-month rally by Nevada casinos. On the Strip, gaming revenues declined 4.1 percent, which halted four straight months of either increases or flat results. The focus was immediately trained on December, expected to close out 2010 on an upbeat note.
The Las Vegas Convention Center has officially acquired an alter ego as the World Trade Center Las Vegas. The Consumer Electronics Association purchased the license for the name from the World Trade Center Association in New York and worked out an agreement with the Las Vegas Convention and Visitors Authority.
