Wall Street Crushing Las Vegas Strip (KLAS Las Vegas) There are more signs of just how much the Las Vegas Strip is hurting in this economic downturn. One of the valley's biggest casino companies, Boyd Gaming, saw a huge drop in profits, down 73-percent in the third quarter. Reporter Aaron Drawhorn has the story.
(AFX UK Focus) 2008-10-29 13:23 UPDATE 1-MGM Mirage profit falls 66 percent; delays projects (Interactive Investor) NEW YORK NEW YORK, Oct 29 (Reuters) - MGM Mirage, the world's second-largest casino operator, said on Wednesday its third-quarter profit fell about 66 percent as business slumped on the Las Vegas Strip and the company put projects on hold. MGM said it has postponed development work for the MGM Grand Atlantic City project. "Current economic conditions and the impact of the credit market ...