The cost of Singaporean first casino development could rise up to 40 percent in a struggle to keep the project on budget, reports said. Today newspaper quoted the CEO of Las Vegas Sands as saying the original us$ 3.6 billion cost of the development could swell by as much as USD 1.44 billion. The cost could rise by "20 to 40 percent," Las Vegas Sands president and CEO William Weidner was quoted as saying in Macau.
The former Baywatch babe, who is currently starring as magician Hans Klok’s assistant in his Las Vegas show, is said to be keen to launch Planet Pammy in the gambling capital of the world. Pamela Anderson is planning to open her own casino in Las Vegas, people close to the blonde star said. A source said: "Pammy is interested in several different ventures and is currently leaning towards a themed venue - possibly a casino."
New York (AP) -- Shares of casino operators traded mostly higher Wednesday as shares of Las Vegas Sands Corp. rallied behind the debut of the Venetian Macao Hotel Resort and a Dubai World unit started a tender offer for shares of MGM Mirage. A day after the opening of the USD 2.4 billion Venetian Macao, Goldman Sachs analyst Steven Kent was still cheering the megaresort's operations. In a second assessment of the property, Kent said in a client note that the Venetian Macao has a large number of enthusiastic employees and a diverse customer base.
Las Vegas - Casino giant Harrah's Entertainment Inc. announced Wednesday that it will partner with AEG, the company that brought David Beckham to the Los Angeles Galaxy, to build a 20,000-seat arena in Las Vegas capable of housing an NBA or NHL team. The USD 500 million arena, behind the Bally's and Paris hotel-casinos on the Las Vegas Strip, is projected to open in 2010. It's a step toward attracting a pro sports franchise to a city that has tried to persuade reluctant league officials to look past its legalized sports betting.
Phil Ruffin's nearly 10-year run as a casino magnate on the Strip is officially over. He signed the final papers Aug. 7, selling the 34.5-acre New Frontier property for USD 1.24 billion, according to the Wichita (Kan.) Eagle, his hometown newspaper. Ruffin paid USD 167 million for the property in October 1997. His purchase brought to an end four months later what had been a bitter six-year labor strike.
Las Vegas: A section of a multistory parking garage under construction collapsed Monday, less than a week after one worker died from a 30-foot (9-meter) fall, authorities said. No one was injured when three levels of concrete slabs collapsed with a pancake effect at the casino-resort building site on the Las Vegas Strip, Clark County fire spokesman Scott Allison said.
Cynthia Fields looks younger than her 39 years and has 15 years of experience as a highly rated dealer and casino manager at upscale casinos. But Fields has discovered what many in the casino business have learned after they've been fired from their jobs: It can be tough to get back into the game. The story about how Fields was dismissed from her dealer job at Wynn Las Vegas in early January is legend in casinos in Las Vegas.
Las Vegas - Two people were wounded in a Las Vegas Strip casino Saturday after a man knocked down in a fistfight retrieved a gun and opened fire, police reported. The gunshots rang out soon after a fight involving several people began about 4 a.m. near an elevator leading to a parking garage at the Caesars Palace hotel-casino, said Officer Ramon Denby of the Las Vegas Metro Police Department.
Garden Grove - An Indian tribe has formally proposed building a Las Vegas-style casino complex in hopes of making Garden Grove a tourist destination. The Gabrielino-Tongva Tribe's proposal calls for two casinos with 7,500 slot machines, two upscale hotels and a 10,000-seat stadium. It also promises a college scholarship for every high school graduate in Garden Grove, USD 5.1 billion to the city over 30 years, payment of USD 100 million for infrastructure improvements and nearly 10,000 permanent jobs.
Analysts have been surprised at the scale of new plans by James Packer's Publishing and Broadcasting Limited for its North American gambling operations, after its Crown Las Vegas consortium lodged documents with Nevada authorities outlining plans to build the tallest casino on the famous Las Vegas strip.
Las Vegas (AP) -- Gambling giant Harrah's Entertainment Inc. announced a USD 1 billion expansion Thursday for its flagship Caesars Palace hotel-casino in a bid to compete with a wave of new megaresorts planned for the Las Vegas Strip. The company plans to build a 665-room tower called Octavius, three pool villas for high rollers, add an extra 263,000 square feet of convention space and upgrade 512 of its oldest rooms.
Las Vegas - By pulling a six of hearts on the river card, Jerry Yang made a low straight -- but high enough to beat Tuan Lam's pair of queens and win the World Series of Poker in the wee hours of Wednesday morning. The two Asian-born immigrants went head to head for more than 30 hands before Yang finally prevailed.
