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Strip visitors seeking value, room bookings up from last year

New Year’s Eve reservations are strong at Alize at the Palms and Andre’s at Monte Carlo, year in and year out among the city’s biggest draws. While the numbers might be up from a weak holiday a year ago, more visitors are coming to Las Vegas this year with an eye toward value rather than splurging.

Bellagio puts bandit on notice: Chips are changing

Casino bosses are serving notice to the bandit who made off with $1.5 million in chips from the Bellagio: Try to redeem those worth $25,000 soon or they’ll become worthless. Bellagio owner MGM Resorts International is discontinuing its standard $25,000 chip and calling for all gamblers to redeem them by April 22.

Molycorp shares swing after China cuts rare-earths quota

China’s announcement that it is cutting rare-earths export quotas caused shares of rare earth mining company Molycorp Inc., which is restarting mining in Mountain Pass, Calif., to rise and then fall Tuesday.

Primm hotel-casino primps

If the Fontainebleau had been completed, guests might have paid more than $200 a night for a room. But designer desks, chairs, dressers and night stands slated for the Strip hotel ended up at Buffalo Bill’s in Primm, where rooms go for $29 to $39 a night.

Cosmopolitan condo owners still upset

Buyers of condominiums at The Cosmopolitan of Las Vegas will get the chance to tour and close escrow on completed units next month, according to a company spokeswoman and lawyer representing a number of investors. But an attorney for about 150 condominium buyers they still haven’t received all the required real estate disclosures.

Home prices fall again

Las Vegas loses 13,400 construction jobs in last year

Construction employment grew or remained steady in 120 out of 337 U.S. metropolitan statistical areas in the 12-month period through November, but Las Vegas was not one of them, the Associated General Contractors reported Tuesday.

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