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Nevada is the Top State for Negative Equity Home Loans and Car Debt
Nevada is the top state in country for the rate of homeowners who have negative equity in their homes for September 2009. 65% of Nevada homes are worth less than their loan ... Read More...
Silver State Schools Credit Union Loses $36 Million and CEO Resigns
Silver State Schools Credit Union reported a $36 million loss for the first nine months of 2009 and the Review-Journal reported that its CEO for the last ten years, Dave Rhamy, has ... Read More...
Las Vegas to Build a New City Hall
The City Council has voted its approval and the bonds have been sold; Las Vegas will be getting a new city hall. It will be a stone's throw from Clark ... Read More...
Trump Dumps on CityCenter - Calls it "An Absolute Catastrophe"
New York real estate builder, casino developer and television star, Donald Trump, called CityCenter "an absolute catastrophe" on Larry King's December 15th show as reported in the Review-Journal by Norm ... Read More...
Sahara Hotel Downsizes - Shuts down Two Towers
The Sahara Hotel closed two of its three hotel towers for the winter because of low demand. The hotel said that its other facilities will remain open according to the ... Read More...
Harrah's to Buy Planet Hollywood
Harrah's Entertainment has filed an application to purchase Planet Hollywood Resort and Casino with the Nevada Gaming Control Board. The company has formed a subsidiary, PHW Las Vegas LLC, for ... Read More...
Boyd Trying To Buy Station Casinos
Boyd Gaming delivered a proposal to the executives of Station Casinos on December 16th, offering to purchase Station Casinos. Boyd is proposing to buy all of Station's 18 casinos, some land ... Read More...
Las Vegas Sands Raises $2.5 Billion on the Hong Kong Stock Exchange
On November 30, 2009 Las Vegas Sands' Macau unit debuted on the Hong Kong stock market. The offering raised $2.5 billion but the shares dropped more than 10% on opening day. The drop was ... Read More...
The Las Vegas CEO-CFO Group Goes Exclusive: Updated
As of January 1, 2008, the CEO-CFO Group will be exclusive. Due to growth, the group will limit its attendees to C-Level Executives and Sponsors only. Read More...
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