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Arnold M. Knightly Gaming Guru - Page 6Harrah's may be breaking into Macau2 February 2010
LAS VEGAS, Nevada -- Harrah's Entertainment could be close to breaking into the lucrative Macau market with the purchase of a third-party's interest in a gaming company already operating in the Chinese enclave, according to a gaming analyst.
David Bain, a gaming analyst with the financial firm ... (read more)
Harrah's ordered to hand over bettor's documents1 February 2010
LAS VEGAS, Nevada -- A Clark County District Court judge on Friday ordered Harrah's Entertainment to turn over documents related to gaming activities of a high-roller accused of bouncing checks totaling $14.75 million at two of the company's casinos.
Omaha, Neb., businessman Terrance Watanabe is ... (read more)
Judge rejects propsal between Station and lenders29 January 2010
LAS VEGAS, Nevada -- A bankruptcy court judge Thursday denied a proposal to give independent lenders access to information about Station Casinos' restructuring negotiations in exchange for not pursuing their request to appoint an independent examiner in the company's bankruptcy case.
The ... (read more)
Judge delays Station bondholder ruling26 January 2010
LAS VEGAS, Nevada -- The judge in Station Casinos' bankruptcy case wants more information before ruling on a request from bondholders that they be allowed to sue the company and its lenders over the gaming company's November 2007 buyout.
The gaming company has until late March to submit its own restructuring plan. ... (read more)
Unfinished business across Vegas raises ire22 January 2010
LAS VEGAS, Nevada -- What was to be a routine item on the Clark County Zoning Board's consent agenda Wednesday turned into a discussion about urban blight and what kind of message all the unfinished projects around town are sending.
Wyndham Vacation Resorts received a three-year extension until May ... (read more)
Michigan casino on track for summer opening21 January 2010
LAS VEGAS, Nevada -- A new American Indian casino managed by Station Casinos should be ready to open by the end of summer, about the same time a management agreement with another tribe expires after seven years.
Construction on the $157 million Gun Lake Casino in western Michigan is two weeks ahead of ... (read more)
Harrah's to take over Planet Hollywood18 January 2010
LAS VEGAS, Nevada --Harrah's Entertainment will take over management of Planet Hollywood Resort's hotel operations at midnight tonight while the gaming giant continues to work on buying the property.
Harrah's will replace Sheraton Operating Corp., a subsidiary of Starwood Hotel & Resorts Worldwide, ... (read more)
Tropicana on track to exit bankruptcy7 January 2010
LAS VEGAS, Nevada -- Billionaire financier Carl Icahn will be the largest owner of Tropicana Entertainment when it becomes the first gaming company to emerge from bankruptcy since the recession, likely on Jan. 27.
The Nevada Gaming Control Board gave preliminary approval Wednesday to the Las Vegas-based ... (read more)
Attendance for Vegas electronics convention to remain flat4 January 2010
LAS VEGAS, Nevada -- Flat is good when it comes to Las Vegas' hard-hit convention business.
Officials involved with the annual International Consumer Electronics Show are predicting attendance and local economic impact numbers will be similar to last year's when the show begins Thursday, and ... (read more)
Talks stall between Caesars, dealers30 December 2009
LAS VEGAS, Nevada -- Caesars Palace officials said contract talks with unionized dealers have broken down after nearly two years of negotiations. Therefore, Caesars officials said, the hotel-casino on Friday will begin implementing many provisions outlined in a final contract offer sent to the dealers ... (read more)
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