Wall Street wasn’t surprised Wednesday when casino giant MGM Mirage said its third-quarter profit fell 67 percent from a year ago due to the slowing national economy and reduced customer spending.
Harrrah’s Entertainment is paying for an outside review of its local remodeling projects to verify they meet safety codes, in an arrangement agreed to by the Clark County District Attorney’s Office.
The half-point cut in the short-term interest rates is squeezing rates for savers and lenders, but some borrowers may benefit, Southern Nevada financial executives said Wednesday.
Stocks within the beleaguered gaming sector scored a one-day boost Wednesday despite the markets’ overall volatility. Las Vegas Sands Corp., along with Chairman and Chief Executive Officer Sheldon Adelson, were the biggest benefactors.