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Gaming GuruCulinary voting on dues increase for strike fund21 May 2013
LAS VEGAS -- Culinary Union Local 226 members were voting Monday to increase dues for a worker strike fund, two weeks before contracts between Strip casino operators and the union expire. Union members said the vote was just a precaution. The union and representatives from MGM Resorts International and Caesars Entertainment Corp. ... (read more)
Former Culinary boss says unions oppose Obama's Commerce Secretary nominee21 May 2013
LAS VEGAS -- It didn’t take former Culinary Workers Local 226 boss D. Taylor very long to make his entrance onto the national stage. Taylor, who became president of 270,000-member UNITE HERE, the Culinary’s parent organization, last year, said organized labor will oppose President Barack Obama’s nominee for Commerce Secretary, Penny Pritzker. ... (read more)
Philadelphia's current operators appear unfazed over prospects of new competition20 May 2013
PHILADELPHIA, Pennsylvania -- If this city’s current casino operators are worried about the prospects of a big new competitor in the market, they aren’t saying. Pennsylvania gaming regulators by the end of the year should decide which of six proposals will be awarded the state’s final gaming license, for the Philadelphia area. ... (read more)
Derek Stevens integral to downtown Las Vegas revival20 May 2013
LAS VEGAS -- If Tony Hsieh is the savior of downtown Las Vegas, then Derek Stevens is at least the savior of Fremont Street. Not to take anything away from Hsieh. The Zappos CEO has a vision. Through the privately funded $350 million Downtown Project, Hsieh seeks to revitalize Las Vegas’ core community. ... (read more)
Battered Atlantic City seeks to reinvent itself as destination resort20 May 2013
ATLANTIC CITY, New Jersey -- The Boardwalk can’t catch a break. For the past two decades, Atlantic City’s casino industry has been under siege from gaming competition in neighboring states. The Southern New Jersey seaside resort, where saltwater taffy was created in the late 1800s, which thumbed its nose ... (read more)
Renovation of Golden Nugget Atlantic City spurs widespread praise20 May 2013
ATLANTIC CITY, New Jersey -- Landry’s Inc. paid $38 million two years ago to acquire the rundown, money-losing Trump Marina, and analysts immediately predicted the gaming market’s demise. A few years earlier Trump Marina had been valued as high as $315 million. The bargain-basement price cemented concern ... (read more)
New leadership hopes to revitalize Revel in Atlantic City20 May 2013
ATLANTIC CITY, New Jersey -- The opening of the $2.4 billion Revel Casino Resort on the northern end of the Boardwalk in April 2012 was one of the most anticipated events in the market since 2003, when the Borgata was unveiled. Revel, with 1,898 hotel rooms, a 130,000-square-foot casino, 14 restaurants fr... (read more)
Terribles Casino to become Silver Sevens Hotel & Casino20 May 2013
LAS VEGAS -- The cowboy is headed for boot hill. Affinity Gaming will begin the process next week of renovating the company’s off-Strip Terrible’s Hotel and Casino at the corner of Paradise and East Flamingo roads to a new name — Silver Sevens Hotel & Casino. The Terrible’s marquee and signage — including the large Terrible’s cowboy logo — will be removed by the end of the week. ... (read more)
Toronto casino project that drew Nevada interest appears dead20 May 2013
A downtown Toronto resort complex that attracted the interest of Nevada’s largest casino operators appeared dead Friday after the city’s mayor canceled a vote scheduled for next week on the multi-billion dollar development. In a City Hall news conference Thursday, Toronto Mayor Rob Ford, the key backer of a ... (read more)
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