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Arnold M. Knightly Gaming Guru - Page 41Station's sale clears obstacle5 October 2007
LAS VEGAS, Nevada -- The $5.4 billion management-led buyout of Station Casinos took another step forward Thursday with the state Gaming Control Board's approving the locals gaming company's purchase by a joint-venture partnership.
Station Casinos is being bought by Fertitta Colony Partners, a ... (read more)
$5.4 billion buyout: Station's hearing delayed3 October 2007
NEVADA -- The hearing for the largest private-equity buyout of a Nevada gaming company to go before the state Gaming Control Board has been rescheduled for Thursday.
The board will hear testimony on the structure of the $5.4 billion management-led buyout of Station Casinos by Fertitta Colony Partners, a ... (read more)
No sheets, no linen, no napkins27 September 2007
LAS VEGAS, Nevada -- While negotiations between the Culinary and hotels continue, other contract talks between the Culinary and an industrial laundry company could affect casino operations in Southern Nevada.
A strike at the six local plants of the laundry, Mission Industries, could disrupt laundry ... (read more)
Las Vegas Hilton posh, polished and poised25 September 2007
LAS VEGAS, Nevada -- The Las Vegas Hilton has quietly undergone $100 million of upgrades and renovations since a private equity partnership bought the property in June 2004.
The latest upgrades, scheduled to be unveiled the first week of October, are 221 Resort Club rooms and a new Resort ... (read more)
Gaming groups want details before entering Massachusetts19 September 2007
MASSACHEUSETTS -- Harrah's Entertainment, MGM Mirage and Las Vegas Sands Corp. expressed interest Tuesday in entering the underserved Massachusetts gaming market but want more information before proceeding.
The proposal, which was announced Monday but must be approved by the state Legislature, projects the first casinos opening as early as 2012.
... (read more)
That about covers it17 September 2007
LAS VEGAS, Nevada -- They are hard to miss, but that's the point.
A 40-story-high Jim Beam bottle ad on the side of the Rio, which was finished this week, is visible to commuters and tourists traveling north on Interstate 15.
An image of an Absolut Vodka bottle appears on the east side of ... (read more)
Nevadan at work: Certified chef serves as tastemaker for Station Casinos' culinary future17 September 2007
Quick quiz: Which gaming company employs the only certified master chef in Las Vegas?
The answer may surprise you.
Give up? The company is Station Casinos and the chef is David Kellaway.
Kellaway, one of only 57 certified master chefs in the United States, was plucked from Mandalay Bay in 2005 to work for Station Casinos. ... (read more)
Harrah's after fiscal benefits of physical fitness17 September 2007
LAS VEGAS, Nevada -- Spiraling health-care costs were becoming a major pain to Harrah's Entertainment Chairman and Chief Executive Officer Gary Loveman.
He wanted a plan to slow the ever-growing medical bills his company and its employees were facing. So, he asked the company's senior executives and ... (read more)
Study: Gambling in check for British17 September 2007
LONDON, England -- A gambling study will demonstrate the British casino industry has taken a proactive and socially responsible role in dealing with problem gambling, the new chief executive officer of London Clubs International said Friday.
The study by academics in the United Kingdom hopes to establish ... (read more)
NEVADA ECONOMY: Gaming win rises in July14 September 2007
LAS VEGAS, Nevada -- An accounting quirk and a little luck helped push Nevada casinos to report the highest-ever one-month gaming win total during July.
Nevada casinos won $1.146 billion from gamblers in July, eclipsing by $3 million the previous record of $1.143 billion reported in May, results ... (read more)
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