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MGM Resorts posts surprise profit for 1st quarter on strength of Las Vegas, Macau

The Canadian PressMay 2, 2013 12:00
LAS VEGAS, Nev. - MGM Resorts International reported a surprise profit for its first quarter on the strength of room bookings and gambling tables on the Las Vegas Strip and continued profits in Macau. CEO Jim Murren called the results the best first quarter since the beginning of the recession five years ago, and shares rallied in morning trading. "This is the beginning of a new era for MGM," he said on a conference call with analysts.

Caesars' posts smaller loss as charges shrink but a drop in visitors hurts revenue

The Canadian PressMay 1, 2013 17:46
LAS VEGAS, Nev. - Casino operator Caesars Entertainment Corp. posted a smaller loss for its first quarter on Wednesday, but results still missed expectations as a drop in visitors dragged down revenue.

Police arrest suspect in Las Vegas car shooting

February 28, 2013 23:00
California police said Thursday they have arrested a man suspected in a shooting and multiple car crash that left three people dead on the famed Las Vegas Strip last week. Ammar Harris, a self-described pimp, was arrested by Los Angeles police and federal agents in North Hollywood. The 26-year-old convicted felon was due to be handed over to Las Vegas police to be tried in court.

UPDATE 4-Three die in shooting, fiery crash on Las Vegas Strip

February 21, 2013 17:15
By Tim Pratt LAS VEGAS, Feb 21 (Reuters) - Three people died in the heart of the Las Vegas Strip early on Thursday when one or more gunmen in a Range Rover sport utility vehicle opened fire on a Maserati, killing the driver and touching off a fiery multi-car crash. The driver of the Maserati died in the pre-dawn shooting, and his car veered out of control and smashed into a taxi carrying two people, Las Vegas Metropolitan Police spokesman Officer Jose Hernandez said.

Britney Spears considers long-term Las Vegas deal

February 8, 2013 16:15
LOS ANGELES, Feb 8 (Reuters) - Pop star and former "X Factor" judge Britney Spears is in talks to sign a long-term contract to headline a show at a Las Vegas resort, Caesars Entertainment Corp. said on Friday. "We can now confirm the company is actively engaged in discussions with Britney Spears' representatives regarding a potential headlining residency at Planet Hollywood Resort and Casino," the company said in a statement. Representatives for Spears were not immediately available for comment on Friday.

Las Vegas Sands confirms Madrid mega-casino dig

February 8, 2013 11:31
US firm Las Vegas Sands said Friday it was set to go ahead with building a huge casino near Madrid, which could create hundreds of thousands of jobs at a time of record unemployment in Spain. The controversial "Eurovegas" project plans to build four casino complexes with 12 hotels providing 36,000 rooms, nine theatres, three golf courses, and convention centres over 10-15 years. The first, most expensive phase foresees four resorts with 3,000 rooms each, casinos and leisure infrastructure for an investment of about 6.8 billion euros ($9.2 billion).

US firm Las Vegas Sands confirms Madrid mega-casino project

February 8, 2013 09:17
US firm Las Vegas Sands said on Friday that it will go ahead with the construction of a vast casino project near Madrid which could create up to 200,000 jobs, the Madrid regional government said. Six years after unveiling the contested project, the company run by US billionaire Sheldon Adelson will build the project on 750 hectares (1,850 acres) of land in Alcorcon, located about 15 kilometres (10 miles) southwest of the Spanish capital, the head of the regional government of Madrid, Ignacio Gonzalez, said.

Lawyer for Saudi man seeks to suppress evidence in Vegas rape case

January 31, 2013 22:30
By Timothy Pratt LAS VEGAS, Jan 31 (Reuters) - The lawyer for a Saudi Air Force sergeant accused of raping a 13-year-old boy at a Las Vegas hotel on New Year's Eve said on Thursday he would seek to suppress his client's statements to police, in part because the man was drunk at the time. During a brief hearing in Las Vegas Justice Court, the 23-year-old defendant, Mazen Alotaibi, waived his right to a preliminary hearing in the case.
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