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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (589304)10/8/2010 2:48:01 PM
From: Tenchusatsu2 Recommendations  Respond to of 1571987
 
Bentway, > I'm already president of my own startup!

There was an ad posted on a Starbucks billboard. "Become the CTO of a promising startup!"

I'm sure they offer their "stock options" on a roll of Charmin ...

Tenchusatsu



To: bentway who wrote (589304)10/8/2010 4:17:26 PM
From: tejek  Read Replies (1) | Respond to of 1571987
 
MGM, Wynn Jump as Las Vegas Strip Gambling Rises 21%

Shares of MGM Resorts International, Las Vegas Sands Corp. and Wynn Resorts Ltd. rose after Las Vegas Strip gambling revenue jumped 21 percent in August, showing the biggest U.S. casino city is emerging from a record slump.

Revenue rose to $544.4 million from $449.6 million in the same month a year earlier, Nevada’s Gaming Control Board said today in an e-mail. Strip casino proceeds increased 4.5 percent in the first eight months of this year.


The three biggest publicly traded Las Vegas-based casino owners noted signs of improvement on the Strip in the second half during their most recent quarterly earnings announcements. Jim Murren, chief executive officer of MGM Resorts, the biggest Strip owner, projected a “very solid” October in an interview last month, as conventions return and vacationers help fill the city with last-minute bookings.

MGM Resorts rose 14 percent to $13.39 at 2:36 p.m. in New York Stock Exchange composite trading. Las Vegas Sands gained 4.3 percent to $37.31. Wynn Resorts added 4.4 percent to $93.67 on the Nasdaq Stock Market.

Revenue for all Nevada casinos gained 12 percent to $944.5 million in August, the board said. Monthly proceeds for Clark County, which includes downtown Las Vegas as well as the Strip, climbed 14 percent to $806.1 million.

Convention Attendance

Resort operators in the largest U.S. casino and conference market are booking more conventions to drive room prices higher after slashing rates to attract gamblers and vacationers for more than two years.

About 25.1 million people visited the Nevada city in the eight months through August, a 2.5 percent increase from a year earlier, the Las Vegas Convention and Visitors Authority said today on its website. Convention attendance is up 2.2 percent and average daily rates at Vegas hotels have gained 1.3 percent this year.

Average daily auto traffic arrivals rose 4.4 percent in August, and air passengers declined 0.4 percent from the same month a year ago.

Overall passenger traffic at the area’s McCarran International Airport fell 2.4 percent in the eight months through August, according to Clark County Department of Aviation data released last month. That extended last year’s record 8.2 percent drop and 2008’s 7.7 percent decline, as carriers including UAL Corp.’s United Airlines cut flights.

bloomberg.com