There was a news story a few days ago indicating that Nevada regulators had decided to levy a fine against Planet Hollywood for incidents at the Privé nightclub including underage drinking and other offenses.
Today, an article in the Sun that compares the $500,000 fine with other agencies.
Update: The gaming commission approved the fine, as expected. In addition though, Clark County has denied the liquor license application for Privé. I'm not really sure how they can survive without booze.
The Sun weighs in: http://www.lasvegassun.com/news/2009/jul/23/planet-hollywood/