June 4, 2008 |
Construction workers building a massive casino complex on the Las Vegas Strip were expected to return to work after a one-day walkout over safety concerns at the site where six workers have died since 2006. The general contractor of MGM Mirage Inc.'s CityCenter project will arrange for worker safety training and allow union and business leaders full access to the site at all times, union officials said.
February 24, 2009 |
MGM Mirage and Dubai World are in talks with Deutsche Bank for the $1.2-billion loan they need to complete their CityCenter project on the Las Vegas Strip, according to three people with knowledge of the discussions. Deutsche Bank may merge its Cosmopolitan Resort & Casino tower with the CityCenter project, and provide the loan in return for an equity and debt stake in the venture, the people said.
January 23, 1989 |
Irving (Ash) Resnick, a longtime gaming figure credited with luring high rollers to the Las Vegas Strip, died Wednesday. He was 72. Resnick died of heart failure at Humana Hospital Sunrise after being hospitalized after a long bout with cancer. His forte was bringing gamblers to Las Vegas casinos for high-stakes gambling, and he organized the first junkets that later became a fixture of the casinos.
February 22, 2006 |
Police blasted out a 20th-story window and stormed a room at a Las Vegas Strip hotel-casino, arresting a gunman who authorities say killed a man and shot at police and a security guard during a six-hour standoff. Police would not say how they shattered the window in the 35-story Harrah's Carnaval Tower, describing it only as a tactical diversion. The alleged gunman was uninjured.
January 17, 2008 |
Nevada's foreclosure crisis claimed a high-profile victim as investment bank Deutsche Bank took the first step toward foreclosing on the $3-billion Cosmopolitan Resort & Casino project. Developer and owner Ian Bruce Eichner said his company, 3700 Associates, was working with Deutsche Bank and Merrill Lynch & Co. to find new investors. The $760-million construction loan from Deutsche Bank went into default Wednesday, the company said. A Deutsche Bank spokesman did not return a call seeking comment.