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Article: Fortunes Are Better for Once-Struggling Las Vegas Casino.

Article from:
Knight Ridder/Tribune Business News
Article date:
December 1, 2002
Copyright

By John Gurzinski, Las Vegas Review-Journal Knight Ridder/Tribune Business News

Dec. 1--What a difference a year has made for the operators of Summerlin's JW Marriott and its leased Rampart Casino.

Last November the former Regent Las Vegas was purchased in a U.S. Bankruptcy Court auction for $80 million by Vancouver, British Columbia-based Hotspur Resorts.

Hotspur leased the $366 million property's casino to Nevada-licensed Millennium Management, the operators building the Cannery, a $105 million locals casino in North Las Vegas.

Millennium principal Bill Paulos won't say how much Millennium pays for its 10-year lease of the ...

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