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Chris Sieroty Gaming Guru - Page 20Cantor Gaming opens new Silverton sports book3 December 2012
LAS VEGAS -- Cantor Gaming opened its eighth race and sports book on Thursday, as the company continues to invest millions of dollars to expand its lines of business in Southern Nevada to include sports books, poker rooms, mobile and self-service wagering stations in bars and restaurants. The new race and sports book is at the Silverton Casino Lodge Las Vegas. ... (read more)
Report: Steve Wynn pursuing Massachusetts casino site27 November 2012
LAS VEGAS -- Steve Wynn is considering bidding to build a casino on the site of a former chemical plant in Everett, Mass., as the Las Vegas casino developer pursues a site for the second time in the Bay State. In May, Wynn pulled out of a deal with The Kraft Group, owner of the New England Patriots, that would have built a $1 billion casino-resort adjacent to Gillette Stadium in Foxborough. ... (read more)
Wynn Resorts, others paying special dividends before '1326 November 2012
LAS VEGAS -- Wynn Resorts, Limited has joined a long list of companies paying special dividends before the end of the year, to help investors avoid a larger tax bill in 2013. The move comes as Congress scrambles for a solution to avoid some $500 billion in automatic tax hikes and spending cuts in the new year. ... (read more)
Full House Resorts reorganizes its senior management21 November 2012
LAS VEGAS -- Full House Resorts, Inc. on Tuesday announced several changes to its upper management structure, a move the Las Vegas-based company says will allow it to better support its recent acquisitions and plans for growth. The company said Deborah Pierce will take over as chief financial officer in December. ... (read more)
Who's got clout? The Las Vegas Business looks at 10 movers and shakers who shape business in the valley20 November 2012
LAS VEGAS -- Clout can be fleeting. Especially in Las Vegas. Times change quickly in Southern Nevada. During the boom period, gaming ruled as new megaresorts on the Strip fueled a booming economy. The recession altered the status quo. Gaming, in some sense, has taken a backseat to other types of development and job creation. ... (read more)
Cantor Gaming to take bets at Boulevard, Giuseppe's restaurants20 November 2012
Sports book operator Cantor Gaming announced three new deals Monday allowing the company to further expand its mobile and self-service wagering business in bars and restaurants in Southern Nevada. The privately held company expects the so-called kiosks to open later this week at Boulevard Bar and Grille and Giuseppe's Bar and Grille in Las Vegas. ... (read more)
Law firm drops Kazuo Okada in Wynn Resorts legal battle19 November 2012
LAS VEGAS -- One of the law firms representing Japanese billionaire Kazuo Okada in two legal disputes against former business partner Steve Wynn and Wynn Resorts, Limited has withdrawn from both cases, the firm said in court filings late Thursday. Davis, Polk, Wardwell LLP said it had stopped representing ... (read more)
Analysts issue upbeat growth forecast for Strip in 201316 November 2012
LAS VEGAS -- The most challenging period for Las Vegas and its largest industry, gaming and hospitality, appears to be in the rearview mirror, according to a report released Thursday. According to its report, the Newmark Grubb Knight Frank Global Gaming Group expects total revenue generated by properties on ... (read more)
Cantor Gaming signs deal with the Nugget casino in Pahrump15 November 2012
LAS VEGAS -- Cantor Gaming has signed a long-term agreement with Golden Gaming LLC to operate the race and sports book at the Pahrump Nugget Hotel & Gambling Hall. The Nugget sports book in Pahrump is Cantor Gaming's first deal outside Clark County. "This agreement marks a milestone for Cantor Gaming as we ... (read more)
Station Casinos posts $11.2 million profit, buys 50.1 percent of Fertitta Interactive14 November 2012
LAS VEGAS -- Station Casinos, Inc. posted its third consecutive profitable quarter on Tuesday. The local gaming company's bottom line continued to benefit from its aggressive marketing efforts, despite a competitive Las Vegas market and a sluggish economic recovery. The privately held company also announced ... (read more)
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