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Arnold M. Knightly Gaming Guru - Page 50

Arnold M. Knightly
 
 

Development: Second the motion

19 March 2007
LAS VEGAS, Nevada -- The much-ballyhooed promises of new development along the Harmon corridor seem to be back on track. With the MGM Mirage's $7 billion Project CityCenter beginning to rise from the ground and new buyers in place at key properties along Harmon Avenue, the growth of the "second ... (read more)
 

Ex-Sheriff Young takes Station post

14 March 2007
and Arnold M. Knightly LAS VEGAS, Nevada -- Since his retirement two months ago, former Clark County Sheriff Bill Young has skied more than he did in the past 20 years. He had time to golf, pick up his daughter from school, do the laundry and other day-to-day things that used to take a back seat to his job as the county's top cop. ... (read more)
 

Hard Rock project unveiled

13 March 2007
LAS VEGAS, Nevada -- Celebrities and hipsters will soon have more room to party and be seen at one of the area's premier niche gaming properties. "The new owners of the Hard Rock Hotel unveiled plans Monday for $750 million in renovations and expansions that will double the size of the property ... (read more)
 

Slot-route operations down

11 March 2007
LAS VEGAS, Nevada -- While many business and slot operators have cried foul over the new smoking ban, many have been reluctant to reveal how the new law is affecting their bottom line. Comments made Thursday, however, during one of the state's largest slot route operator's year-end earnings conference ... (read more)
 

Stay stalls plan for Station-managed casino in Michigan

7 March 2007
MICHIGAN -- A plan for an American Indian casino in Michigan managed by Station Casinos is again on hold. U.S. District Court Judge Garrett Penn in Washington, D.C., on Monday issued an order for a stay pending further judicial review of an appeal that was filed after an anti-gaming lobbying group's ... (read more)
 

Casino worker fired after All-Star remarks

5 March 2007
LAS VEGAS, Nevada -- A longtime casino slot employee has been fired after comments he made about customers during the four-day NBA All-Star Weekend appeared in the Review-Journal. Bruce Schowers, who has worked in the casino industry for nearly 30 years, was fired Monday from his position as a slot ... (read more)
 

Riviera parent slims loss

5 March 2007
LAS VEGAS, Nevada -- The 51-year-old Riviera on the Strip turned in a strong performance and helped Riviera Holdings Corp. narrow its fourth-quarter loss, officials said Friday. The company posted a net loss of $1.6 million, or 13 cents per share, for the quarter ended Dec. 31, narrowing a loss of ... (read more)
 

Bill's comes due for new ownership

3 March 2007
LAS VEGAS, Nevada -- The world's largest casino company officially got a little larger Thursday. Harrah's Entertainment reopened the former Barbary Coast at 2 p.m. under the name Bill's Gamblin' Hall & Saloon. "This is very valuable for us," said Ed Crispell, general manager of the Imperial Palace and, now, Bill's. ... (read more)
 

Ruling favors Station Casinos in casino bid

3 March 2007
LAS VEGAS, Nevada -- A recent court decision could clear the way for a local gaming operator to manage its second American Indian casino. U.S. District Court Judge Garrett Penn in Washington, D.C., last week dismissed a case brought by anti-gaming lobbying group Michigan Gambling Opposition. The group, ... (read more)
 

Station reports income jump

3 March 2007
LAS VEGAS, Nevada -- The opening of Red Rock Resort in April helped boost Station Casinos' fourth-quarter cash flow, although higher interest expenses and operating costs pushed net income down sharply. The locals casino giant on Tuesday said its net income was $23.1 million, or 41 cents per share, in the three months ended Dec. ... (read more)

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