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Arnold M. Knightly Gaming Guru - Page 17Site first fight for LV resort26 June 2009
LAS VEGAS, Nevada –- The bankruptcy court in Las Vegas is the proper venue to hear the Fontainebleau Las Vegas restructuring case, according to two motions filed last week by creditors who want the case moved from Miami.
The Fontainebleau Las Vegas and two of its affiliates filed for Chapter 11 bankruptcy June 9 in U.S. ... (read more)
Harrah's chief stays confident about company23 June 2009
LAS VEGAS, Nevada –- Although some industry insiders and observers have had second thoughts about the wisdom of private equity's entry into the gaming industry, Harrah's Entertainment chief Gary Loveman isn't one of them.
"(Being privately owned) provides an ability to focus on long-term viability and the health of the business," Loveman said. ... (read more)
MGM Mirage continuing global reach17 June 2009
LAS VEGAS, Nevada –- MGM Mirage likes to think big.
It is building the largest privately funded project in U.S. history on the Strip, but the company isn't stopping there.
The gaming giant on Tuesday announced its latest push to spread its name around the world, this time through a partnership to build ... (read more)
Hard Rock Hotel begins hiring process16 June 2009
LAS VEGAS, Nevada –- The Hard Rock Hotel on June 22 will hold the first in a series of job fairs to fill positions for the property's $750 million expansion, the company announced this morning.
The initial job fair will seek to fill housekeeping positions. The two-day fair will be from 10 a.m. ... (read more)
Construction halted on Fontainebleau Las Vegas15 June 2009
LAS VEGAS, Nevada –- Construction on the Fontainebleau Las Vegas has been halted and the 24-acre site is being secured while the project is in bankruptcy court, a project spokesman confirmed Thursday.
"There is a fairly significant contingent of security at the site now," Fontainebleau spokesman Lance Ignon said. ... (read more)
Harrah's may think of license for Macau3 June 2009
LAS VEGAS, Nevada –- Harrah's Entertainment Inc., the world's biggest casino company, will be "interested" in applying for a gambling license in Macau if the government ends a freeze on new permits.
"As the largest gaming operator in the world, we have an interest in the largest gaming market in the ... (read more)
Fontainebleau's top executive leaves company1 June 2009
LAS VEGAS, Nevada -- The former Mandalay Resort Group executive who was brought in to oversee development and bring executive gaming experience to the Fontainebleau Las Vegas project has left the company.
Glenn Schaeffer, Fontainebleau Resorts' co-founder and its top executive, recently departed the ... (read more)
Station Casinos gets another extension1 June 2009
LAS VEGAS, Nevada -- Station Casinos on Friday was able to put off a bankruptcy filing until another day after getting a fourth extension so it can continue negotiating a restructuring plan, the company said.
Earlier Friday, company spokeswoman Lori Nelson declined to say how long of an extension the ... (read more)
Harrah's Interactive to be based in Montreal1 June 2009
LAS VEGAS, Nevada -- Harrah's Interactive Entertainment, the new subsidiary of Harrah's Entertainment established to oversee the World Series of Poker's growth online and internationally, will be based in Montreal, according to the Montreal Gazette.
Harrah's Entertainment announced May 22 the hiring of ... (read more)
Harrah's taps chief for interactive unit26 May 2009
LAS VEGAS, Nevada –- The worst-kept secret in the world of online gaming is now official.
Harrah's Entertainment announced Friday the hiring of former online gaming executive Mitch Garber as chief executive officer of Harrah's Interactive Entertainment, a new subsidiary that will oversee the company's ... (read more)
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