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Arnold M. Knightly Gaming Guru - Page 32Brown resigns as ACEP chief22 April 2008
LAS VEGAS, Nevada -- Richard Brown resigned Monday as chief executive officer of the parent company of the Stratosphere and both Arizona Charlie's, a Securities and Exchange Commission filing shows.
Brown, 60, could not be reached for comment. No time frame was given to name his ... (read more)
IGT reports lower earnings21 April 2008
LAS VEGAS, Nevada -- Slot machine giant International Game Technology on Thursday tried to overshadow a disappointing second quarter by announcing an agreement to install server-based networks and products at MGM Mirage's CityCenter.
Results for IGT's second quarter ended March 31 came in below ... (read more)
Visionary Henri Lewin dies18 April 2008
LAS VEGAS, Nevada -- Heinz "Henri" Lewin, a gaming industry veteran who escaped Nazi Germany and foresaw the convention potential of Las Vegas, died Wednesday in San Francisco. He was 85.
He died after a long series of illnesses, his son, Larry Lewin, said Thursday.
"My father was very much a visionary," Larry Lewin said. ... (read more)
Trop owner buys time16 April 2008
LAS VEGAS, Nevada -- The owner of the Tropicana has negotiated a "significant" deadline extension with various note holders while the company fights to keep itself out of bankruptcy.
Tropicana Entertainment President Scott Butera said Tuesday that an extension to a Sunday deadline has been ... (read more)
Fontainebleau stays on course15 April 2008
LAS VEGAS, Nevada -- Now, for some good news about a Strip construction project.
Progress on the Fontainebleau Las Vegas is proceeding, seemingly unfazed by the financial uncertainties and cost overruns that are plaguing projects such as the Cosmopolitan, Tropicana and the neighboring Crown ... (read more)
Hotel plans to issue refunds10 April 2008
LAS VEGAS, Nevada -- The owner of The Westin has reversed its decision to charge attendees of a dental conference for the conference organizer's unpaid bills.
Legal counsel for Crestview Hills, Ky.-based Columbia Sussex Corp. sent registered letters dated Tuesday to attendees of a conference held at ... (read more)
Tip-rules switch broke pacts, labor lawyer says8 April 2008
LAS VEGAS, Nevada -- (PRESS RELEASE) -- A Las Vegas labor attorney told Nevada's high court justices Monday that Wynn Las Vegas illegally violated employment agreements with its dealers when it changed its tip-pooling policy in 2006.
The Supreme Court justices heard arguments Monday from attorneys ... (read more)
Attendees get conference bills7 April 2008
LAS VEGAS, Nevada -- The ownership of the Westin Casuarina is standing behind a decision to charge attendees of an October dental conference for the organizer's unpaid bill.
Convention industry veterans and conference attendees, however, are questioning the ethics and legality of that ... (read more)
Harrah's Entertainment exits Slovenia plan4 April 2008
LAS VEGAS, Nevada -- For the second time in about 30 days, Harrah's Entertainment has decided to pull out of an international project.
The gaming company has suspended talks with Slovenia-based Hit Group about developing a $1.2 billion resort in the Eastern European country because it was unable to ... (read more)
Hooters Hotel sees fourth-quarter decline3 April 2008
LAS VEGAs, Nevada -- Hooters Hotel's management said the economic downturn late last year drove fourth-quarter revenue down as the property saw departmentwide declines.
Fourth-quarter net revenues declined 11.5 percent to $14.8 million from $16.8 million in 2006.
Casino revenues dropped 10.1 ... (read more)
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