Las Vegas Sports Books Struggling During Downturn

November 23, 2009 by · Leave a Comment
Filed under: Las Vegas News 

However, on Oct. 25, Week 7 of the NFL season, the corporate types running the mighty Las Vegas sports books found themselves trapped in the unpleasant reality many have experienced in Sin City — paying out far more than planned and … More…

Tony Las Vegas development struggles in downturn – Register Citizen

June 7, 2009 by · Leave a Comment
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LAS VEGAS (AP) It was a symbol of Las Vegas largesse during the good times. Now it s an emblem of recession blues. With a manmade lake in the desert, an Italian-style village beyond the suburban sprawl and neighborhoods fit for diva Celine Dion …

UPDATE 1-Wynn Resorts, Las Vegas Sands amend credit terms – Reuters

April 29, 2009 by · Leave a Comment
Filed under: Las Vegas News 

LOS ANGELES, April 21 (Reuters) – Casino operators Wynn Resorts Ltd ( WYNN.O ) and Las Vegas Sands Corp ( LVS.N ), grappling with a recession-driven downturn in gambling demand, said separately on Tuesday that they have secured changes in credit … More…

Wynn Resorts, Las Vegas Sands amend credit terms – Reuters

April 25, 2009 by · Leave a Comment
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New Online CasinosWynn Resorts, Las Vegas Sands amend credit termsReutersO: Quote, Profile, Research) and Las Vegas Sands Corp (LVS.N: Quote, Profile, Research), grappling with a recession-driven downturn in gambling demand, said separately on Tuesday that they have secured changes in credit agreements. …Wynn, Las Vegas Sands amend debt agreements The Associated PressEconomic Crisis Poised To Remake Casino Industry Wall Street JournalWynn Las Vegas amends credit agreement Macau Daily Times Forbes  – Casino Gaming Stock all 138 news articles More…

Crown takes $450m hit in Las Vegas – Brisbane Times

February 9, 2009 by · Leave a Comment
Filed under: Las Vegas News 


James Packer has suffered another setback in his faltering US casino expansion, with the downturn in the economy forcing Crown to book a $450 million writedown on its bets on the Las Vegas market. The writedowns take Crown’s losses in Las Vegas to …

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