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Arnold M. Knightly Gaming Guru - Page 34County urged to probe Harrah's19 March 2008
and Joan Whitely
LAS VEGAS, Nevada -- Fred Frazzetta, the non-union electrician who blew the whistle on illegal remodeling at the Rio hotel, encouraged Clark County commissioners to push Tuesday for "a thorough and complete investigation" of management at Harrah's Entertainment for wrongdoing and poor ... (read more)
Harrah's pullout unnerves Bahamas business people14 March 2008
LAS VEGAS, Nevada –- Harrah's Entertainment's sudden withdrawal from a $2.6 billion resort project in the Bahamas has left the country's business community stunned.
"We all thought it was a go," Bahamas Chamber of Commerce President Dionisio D'Aguilar said Tuesday. "There was an upbeat feeling in the ... (read more)
Riviera Holdings ends review of company sale10 March 2008
LAS VEGAS, Nevada -- Riviera Holdings Corp. has killed a review that was examining the possible sale of the company partially because of tightening credit markets and weak economic conditions, the gaming company announced Friday.
Also, a $34 per share offer for the company made in May is apparently off the table.
... (read more)
Buyout sends Station to loss7 March 2008
LAS VEGAS, Nevada -- Station Casinos lost money for the quarter and the year because of costs from a management-led buyout of the company, the gaming company announced Thursday.
One gaming analyst, however, said he suspected that growing softness in Southern Nevada's economy may have contributed to ... (read more)
Columbia Sussex fights back5 March 2008
NEW JERSEY –- Columbia Sussex Corp. is not leaving New Jersey without a fight.
The Fort Mitchell, Ky.-based operator filed a 62-page brief with the New Jersey appellate court Tuesday asking that the New Jersey Casino Control Commission's Dec. 12 decision to not renew the company's gaming license to ... (read more)
Hooters brand will get the boot4 March 2008
LAS VEGAS, Nevada -- Say goodbye to those orange short-shorts.
Hooters Hotel will be rebranded into a yet-to-be named boutique hotel following a $130 million redevelopment of the property that could begin later this year, the investment group purchasing the hotel said Monday.
Santa ... (read more)
Tip-pooling hearing postponed4 March 2008
LAS VEGAS, Nevada -- State Labor Commissioner Michael Tanchek's second look at the controversial Wynn Las Vegas tip-pooling policy has been postponed.
The Nevada Department of Business and Industry notified interested parties Monday that a hearing scheduled for 9 a.m. March 19 at the Sawyer Building ... (read more)
Nevada Palace saying its last goodbyes29 February 2008
LAS VEGAS, Nevada -- Nevada Palace casino porter Rich Czapla stops cleaning up paper and cups around a slot machine to give an update on his wife's health to the property's longtime owner.
William Wortman looks at 88-year-old Czapla, placing a hand on the worker's right shoulder.
Czapla was 69 when he started working at the 15,000-square-foot casino in March 1989. ... (read more)
Even with 'supercasino' out, Harrah's stays in U.K.28 February 2008
UNITED KINGDOM -- Harrah's Entertainment on Tuesday said it will continue to pursue gaming opportunities in the United Kingdom casino market despite the government's decision to not approve plans for a "supercasino" in Manchester, England.
The British government announced Tuesday what had been ... (read more)
Cosmopolitan project saved by pair's aid28 February 2008
"LAS VEGAS, Nevada – A hotel company and an investment firm have reached an agreement to save New York developer Bruce Eichner's financially troubled $3 billion Cosmopolitan from default, an official with the Strip project said Wednesday.
"Global Hyatt Corp. and New York-based Marathon Asset ... (read more)
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