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Europe Closes Lower; Fed in Focus

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  • Pa. table games continue strong growth Tuesday, 18 Jun 2013 | 9:52 AM ET

    The Pennsylvania Gaming Control Board says table games generated $72.7 million in May, up 13.6 percent from the same period last year. The increase was fueled by gains at Sands Casino Resort Bethlehem and The Meadows Racetrack and Casino in western Pennsylvania, as well as growth at the newest casino, Valley Forge Casino Resort.

  • Company drops plans for solar project in Nevada Monday, 17 Jun 2013 | 10:54 AM ET

    LAUGHLIN, Nev.-- A Chinese-backed company is dropping plans for a major solar project near the Colorado River resort town of Laughlin, Nev.. ENN Mojave Energy LLC has informed Clark County officials that it's terminating its agreement to purchase 9,000 acres after it was unable to find customers for the power that would have been generated there.

  • Pinnacle, FTC reach agreement in principle Monday, 17 Jun 2013 | 9:09 AM ET

    LAS VEGAS-- Pinnacle has reached an agreement in principle with federal regulators on the structure of its proposed acquisition of rival Ameristar Casinos Inc..

  • Diamond Resorts files plans for IPO Friday, 14 Jun 2013 | 11:51 AM ET

    LAS VEGAS-- Diamond Resorts International Inc. filed paperwork Friday for an initial public offering of its stock. Diamond said in a filing with the SEC that it plans to use the proceeds to purchase senior secured notes and repay loans.

  • Nevada ACLU backing suit against 'patient dumping' Thursday, 13 Jun 2013 | 7:14 AM ET

    LAS VEGAS-- A psychiatric patient has filed a federal civil rights lawsuit in Nevada accusing state officials of giving him a one-way bus ticket to Northern California, where he arrived, scared and disoriented, without money and identification in a city where he didn't know anyone and had never been.

  • All-You-Can-Fly Airline Takes Off in California Wednesday, 12 Jun 2013 | 6:37 PM ET
    Surf Air

    Surf Air, an all-you-can-fly air service will fly you as much as you want between certain cities for $1,650 a month. The start-up airline has launched with service in two cities.

  • NV regulators urge ban on Google Glass in casinos Wednesday, 12 Jun 2013 | 10:49 AM ET

    LAS VEGAS-- Regulators in Nevada are urging casinos to ban gamblers from wearing Google Glass, the tiny eyeglasses-mounted device capable of shooting photos, filming video and surfing the Internet. The state Gaming Control Board issued a warning Monday saying the devices made by Google Inc. could be used to cheat at card games.

  • Ex-mortgage firm chief guilty in Vegas fraud case Wednesday, 12 Jun 2013 | 10:46 AM ET

    LAS VEGAS-- The 75- year-old former president and CEO of a Nevada loan servicing firm has taken a plea deal in a scheme that federal prosecutors say cost Wells Fargo& Co. more than $8 million. Justice Department officials say former U.S. Mortgage chief Earl Gross pleaded guilty to bank fraud Tuesday in Las Vegas.

  • Mysterious brown foam prompts testing at Lake Mead Wednesday, 12 Jun 2013 | 8:48 AM ET

    LAS VEGAS-- Authorities took a boat onto Lake Mead on Tuesday to gather water samples they hope could shed light on mysterious brown foam found floating on the lake's surface over the weekend.

  • Sorry Bro, I Can't Afford to Be Your Best Man Tuesday, 11 Jun 2013 | 2:05 PM ET

    Young men in the 18-to-34-year-old bracket are the ones most likely to decline a request to be in a wedding party based on the cost, according to a Harris Interactive survey.

  • Southwest puts fall flights on sale briefly Tuesday, 11 Jun 2013 | 1:31 PM ET

    DALLAS-- Southwest Airlines Co. is running a three-day sale on fall travel, and other airlines are starting to match the lower prices. Southwest and its AirTran subsidiary launched the sale Tuesday, with round-trip prices ranging from $98 to $298 based on distance.

  • Race tracks: NY casino deal in making is a loser Tuesday, 11 Jun 2013 | 11:04 AM ET

    ALBANY, N.Y.-- The group that represents video slot machine centers at race tracks says casino expansion in New York will cost taxpayers and schools millions of dollars without creating substantially more jobs. The New York Gaming Association had lobbied to turn their "racinos" at race tracks into the Las Vegas- type casinos proposed by Gov.

  • Vegas visitor tally flat, room rates up in April Tuesday, 11 Jun 2013 | 10:44 AM ET

    LAS VEGAS-- Tourism officials say they counted 3.34 million visitors to Las Vegas in April, up a slight 0.5 percent from the same month in 2012.. A Las Vegas Convention and Visitors Authority report released Monday showed that that hotel room rates increased almost 7 percent _ from a little more than $108 in April 2012 to just under $116 this year.

  • Fight over Vegas pipeline plan heads back to court Monday, 10 Jun 2013 | 12:20 PM ET

    RENO, Nev.-- A battle over a massive pipeline project to carry billions of gallons of water to Las Vegas from rural counties along the Nevada- Utah line is heading back to court this week.

  • Board approves Calif. high-speed rail construction Friday, 7 Jun 2013 | 9:54 AM ET

    SACRAMENTO, Calif.-- The board that oversees California's High-Speed Rail Authority on Thursday unanimously approved a nearly $1 billion contract to start construction on the first leg of the $68 billion bullet train in the Central Valley, clearing the way for work to start as soon as this summer on what officials have said will be a tight construction timeline.

  • Restaurateur wins $1.2M in World Series of Poker Friday, 7 Jun 2013 | 7:28 AM ET

    LAS VEGAS-- A Canadian restaurant manager is the first poker aficionado to become a millionaire at this year's World Series of Poker in Las Vegas. Benny Chen, of Prince Edward Island, won $1.2 million Tuesday night in the seven-week poker bonanza that's just getting underway at the Rio hotel and casino off the Strip.

  • Wayne Newton moving out of Las Vegas estate Thursday, 6 Jun 2013 | 8:28 AM ET

    The downsizing from a 40- plus acre spread to a $3 million mansion and several adjacent properties totaling 20 acres is taking place this week, the crooner's sister-in-law, Tricia McCrone, and Newton publicist Kevin Sasaki said Wednesday.

  • May 29- A Berkshire Hathaway Inc unit will pay $5.6 billion for NV Energy Inc, the electric utility serving Las Vegas and its power-hungry casinos, in yet another large energy deal for Warren Buffett in the western United States.

  • In Western U.S. states such as California, Nevada and Arizona, the housing crash and resulting foreclosure crisis was particularly acute, and played a large part in the 2008 economic crash. Prices in Phoenix, Arizona rose 22.5 percent in the past 12 months- the biggest gain among all U.S. cities- followed by 22.2 percent in San Francisco and 20.6 percent in Las Vegas.

  • *Home prices up 10.9 percent in March from year before. NEW YORK, May 28- U.S. home prices accelerated by the most in nearly seven years in March while consumer confidence surged in May, suggesting there were areas of resilience for an economy that is facing the pinch of belt-tightening in Washington.

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