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Archive for January, 2007
Thursday, January 4, 2007 The Year in Gigging By Mike Prevatt As you may know, last week CityLife published its annual year-in-review issue, and in that issue, the paper’s critics listed their favorite albums of 2006. One thing I wanted to include in summing up the year in music was a ranking of my favorite concerts and DJ gigs. Limited editorial space, of course, forced me [...]
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Thursday, January 4, 2007 And some Quick Hits… By Steve Sebelius They’re hot and fresh, so come and get ‘em:
» It should have been on the front page, but the story in the Review-Journal’s business section today bears reading by everyone. In it, Wynn Las Vegas roulette dealer Cynthia Fields alleges that casino mogul Steve Wynn personally threatened the jobs of any dealer who joined a [...]
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Thursday, January 4, 2007 Harrah’s: Another body falls By David McKee Scarcely was the ink dry on the news that Harrah’s Senior Vice President of Operations Tony Santo and Central Division President Anthony Sanfilippo were out as of Jan. 1 when a third top executive walked the plank. COO Tim Wilmott’s resignation was announced in a terse SEC filing yesterday, effective Jan. 5. Which means that [...]
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Thursday, January 4, 2007 Starting off with a bang! By Steve Sebelius We can think of no better way to kick off a new governorship than a constitutional crisis, and that may be what thrice-sworn Gov. Jim Gibbons has done! Gibbons today appointed two people to the state Gaming Control Board, current Chairman Dennis Neilander and current control board investigative chief, Randy Sayre.
The problem? Outgoing Gov. [...]
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Thursday, January 4, 2007 Holiday sales disappoint By Ian Mylchreest Yes, Virginia, there was a dearth of big-ticket, must-have items these holidays and so retailers are disappointed, reports the Associated Press. Most chain stores have reported "disappointing" numbers, where they didn’t dive down the drain like Pier 1. The stores had to discount deeply to get shoppers into the stores and the "rush" at the end [...]
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Wednesday, January 3, 2007 Porn industry slows By Ian Mylchreest On the eve of the annual porn industry trade shows in Las Vegas, it seems the last two decades of boom times are grinding to a crawl. The industry is worth $13 billion annually but in the last year its growth has slowed to less than 3 percent — roughly the rate of inflation, reports the [...]
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Wednesday, January 3, 2007 Casinos need to give us a break By Len Butcher Another year. Can you believe it? Seems like I was just celebrating the first day of 2006 only a few months ago. I really believe that as we get older, time moves faster, or maybe I’m just slowing down and everyone is passing me by, making it seem that way. Whatever the reason, there’s no [...]
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Wednesday, January 3, 2007 Fewer shareholders sued last year By Ian Mylchreest If you think the business world is beset by frivolous litigation, you’re wrong, reports CNN. A report from Stanford Law School shows that shareholder lawsuits, at least, reached an all-timte low in 2006.
Of course, the plethora of bad news about timing of stock options seemed to show that the lawyers still had plenty of work. And [...]
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Wednesday, January 3, 2007 Trans fats trend spreads By Ian Mylchreest Despite the guffaws that greeted New York City’s ban on trans fat, the trend to "healthy" fat is spreading. Starbucks has already cut out the lethal cholesterol enemy in some of its own products and promises to eliminate trans fat in every U.S. store within two years, reports the Associated Press.
Stand-alone stores in 10 major [...]
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Tuesday, January 2, 2007 This year could be even more exciting than last year By Ian Mylchreest At least if you’re in the M&A or investment banking business. TheStreet.com’s founder and resident guru Jim Cramer sees an even bigger year ahead for private equity buyouts. He writes in New York Magazine that the regulatory problems and market expectations will drive even more big companies, many with a presence in Southern Nevada, into [...]
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