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  • Las Vegas foreclosure rate down to No. 25 in US Thursday, 25 Oct 2012 | 12:54 AM ET

    LAS VEGAS-- The Las Vegas area is getting further away from its dubious title as foreclosure capital of the country. Realtytrac reports one in every 139 housing units in Las Vegas saw some sort of foreclosure filing in the third quarter.

  • Oct 24- Nobel Prize-winning economist Joseph Stiglitz chided U.S. President Barack Obama and Republican presidential candidate Mitt Romney for not seriously addressing the troubled U.S. housing market during the recent series of presidential debates.

  • News Summary: Wynn Resorts' profit falls in 3Q Wednesday, 24 Oct 2012 | 6:15 PM ET

    LUCK OUT: Casino hotel operator Wynn Resorts Ltd. saw is profit decline nearly 12 percent in the third quarter, as a debt-related loss drove expenses higher. NUMBERS GAME: Net income fell to $112 million, or $1.11 per share, compared with net income of $127.1 million, or $1.01 per share, a year earlier.

  • Wynn Resorts' 3Q profit falls on expenses Wednesday, 24 Oct 2012 | 6:09 PM ET

    LAS VEGAS-- Wynn Resorts Ltd.' s profit fell nearly 12 percent in the third quarter, as a debt-related loss boosted expenses for the casino operator. The latest quarterly report card showed Wynn's casino resorts in Las Vegas benefited from a stronger gambling business, as its table games and slot machines generating more revenue.

  • Wynn Resorts' 3Q profit falls, revenue flat Wednesday, 24 Oct 2012 | 4:52 PM ET

    LAS VEGAS-- Wynn Resorts Ltd. says its profit fell nearly 12 percent in the third quarter, as a debt-related loss boosted expenses for the casino operator. The Las Vegas company said Wednesday that net income fell to $112 million, or $1.11 per share, compared with net income of $127.1 million, or $1.01 per share, a year earlier.

  • Pinnacle Entertainment 3Q loss narrows, shares up Wednesday, 24 Oct 2012 | 3:43 PM ET

    LAS VEGAS-- Shares of Pinnacle Entertainment hit annual highs Wednesday after the casino operator halved its losses for the third quarter and beat Wall Street expectations. Pinnacle Entertainment Inc. owns and runs a total of seven casinos, in Louisiana, Missouri, and Indiana, as well as a racetrack in Ohio.

  • *Vegas less powerful in casino world after Macau boom. With no full-time staff in Asia and a mission that includes nurturing an industry increasingly dependent on China- controlled Macau, the granddaddy of U.S. gambling regulators may ultimately prove powerless to police a global business of which Las Vegas is no longer the capital, industry veterans said.

  • Ex-Britney Spears manager faces cross-examination Wednesday, 24 Oct 2012 | 9:25 AM ET

    LOS ANGELES-- The man who presided over Britney Spears' life during her well-publicized meltdown is portraying himself in court as a benevolent personal manager who saved her from ruin. Sam Lutfi was to finish his direct testimony Wednesday and face cross-examination by a battery of lawyers for the singer's parents and conservators.

  • *Vegas less powerful in casino world after Macau boom. With no full-time staff in Asia and a mission that includes nurturing an industry increasingly dependent on China- controlled Macau, the granddaddy of U.S. gambling regulators may ultimately prove powerless to police a global business of which Las Vegas is no longer the capital, industry veterans said.

  • How Less Taxes Improve the Economy: Leven   Monday, 22 Oct 2012 | 8:17 AM ET
    How Less Taxes Improve the Economy: Leven

    Michael Leven, Las Vegas Sands president & COO, discusses how to improve current tax policies, and create jobs.

  • Macau's SJM Holdings gets land deal for new casino Saturday, 20 Oct 2012 | 2:07 AM ET

    HONG KONG-- Casino operator SJM Holdings says it has signed a deal to buy land for a new casino in Macau, the world's biggest gambling market, giving it a chance to catch up with its rivals' rapid expansion. The company operates 20 casinos already in Macau but most are small.

  • Billionaire drops proxy fight against Wynn Resorts Friday, 19 Oct 2012 | 5:45 PM ET

    LAS VEGAS-- A Japanese billionaire has dropped his campaign to win seats for his allies on the board of Wynn Resorts Ltd., ending a chapter in a feud with casino mogul CEO Steve Wynn. It was a legal setback for Okada, a former Wynn friend and business partner, who once was Wynn Resorts' single largest shareholder.

  • Nevada jobless rate drops to 11.8 percent in Sept. Friday, 19 Oct 2012 | 11:35 AM ET

    CARSON CITY, Nev.-- Nevada's unemployment rate has dropped to 11.8 percent in September, down from 12.1 percent the month earlier. Officials with the state Department of Employment, Training and Rehabilitation say Friday that Las Vegas' jobless rate is 11.5 percent, down from 12.3 percent in August.

  • Skywalk case goes before federal appellate court Friday, 19 Oct 2012 | 9:15 AM ET

    SAN FRANCISCO-- A Las Vegas developer has been bounced between tribal and federal court in an effort to protect his financial interest in the Grand Canyon Skywalk, a popular glass bridge that extends from the canyon's edge on tribal land in western Arizona.

  • Shares of MGM Resorts rise on casino plan Thursday, 18 Oct 2012 | 3:40 PM ET

    NEW YORK-- Shares of MGM Resorts International climbed Thursday after the company said its Chinese arm signed a deal for land to build a massive new casino in the world's biggest gambling market. MGM China, which signed the deal, is a joint venture between Las Vegas- based MGM Resorts International and Pansy Ho, daughter of Macau casino kingpin Stanley Ho.

  • Sin City's pull puts state of Nevada in play Thursday, 18 Oct 2012 | 2:33 PM ET

    What makes politics here different is who works in those skyscrapers _ not lawyers or accountants, but heavily unionized housekeepers, blackjack dealers and line cooks who have abruptly transformed Nevada into a swing-voting state. Her youngest daughter will soon graduate from the University of Nevada, Las Vegas. "

  • MGM China gets land for new $2.5B Macau casino Thursday, 18 Oct 2012 | 11:05 AM ET

    HONG KONG-- The Chinese arm of U.S. casino company MGM Resorts International signed a land deal Thursday for a new $2.5 billion casino resort in Macau, the world's biggest gambling market, hoping to catch up with the rapid expansion of rival casino operators.

  • MGM China signs deal for new Macau casino Thursday, 18 Oct 2012 | 6:38 AM ET

    MGM China Holdings Ltd. said it formally accepted a land concession contract from the Macau government for a 7.2 hectare plot in the Cotai district, an area of reclaimed land that's earmarked for all new casinos in the Asian gambling haven. MGM China said it is paying $161.4 million for the land, including a $56.2 million down payment.

  • Romney ad advantage doesn't tell the whole story Thursday, 18 Oct 2012 | 12:42 AM ET

    An Associated Press analysis of presidential campaign advertising data from April through last week found that pro-Romney spending has exceeded pro-Obama ad spending by at least $65 million across the nine states expected to decide the election: Colorado, Florida, Nevada, New Hampshire, North Carolina, Ohio, Virginia, Iowa and Wisconsin.

  • APNewsBreak: Johnny Depp starting book imprint Monday, 15 Oct 2012 | 7:01 PM ET

    NEW YORK-- How cool is this: Johnny Depp is going to help run a publishing imprint. Already on the list of books is one by Bob Dylan, "The Unraveled Tales of Bob Dylan," which aims to set the record straight on the songwriter's enigmatic life and career and will be based in part on interviews with Dylan by best-selling historian Douglas Brinkley.