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Chris Sieroty Gaming Guru - Page 21Freeze frame: The Cosmopolitan to replace pool with ice rink for holidays13 November 2012
LAS VEGAS -- Las Vegas is known for doing everything big. Christmas is no exception. From last year's Winter in Venice at The Venetian to the Palazzo's winter garden at the atrium waterfall and Bellagio's 42-foot Shasta Fir decorated with more than 13,500 twinkling white lights, the Strip is awash in lights and decorations for the holiday season. ... (read more)
Nevada Gold & Casinos names MGM Resorts executive CEO13 November 2012
LAS VEGAS -- Nevada Gold & Casinos, Inc. has tapped MGM Resorts International for its new chief executive, about a month after announcing its plans to move most of its corporate offices and employees to Las Vegas. Michael Shaunnessy will take over as president and CEO on Dec. 1, the company said last Monday. ... (read more)
The Cosmopolitan posts smaller third-quarter loss12 November 2012
LAS VEGAS -- The Cosmopolitan of Las Vegas reported a smaller third-quarter loss Friday as casino revenue continued to trail food, beverage and room revenue at the luxury Strip resort. It was also the third consecutive quarter that the resort reported declining losses. The Cosmopolitan lost $23.4 million in ... (read more)
Nevadan at Work: Cosmo exec crafts catchy slogan, edgy TV ads12 November 2012
LAS VEGAS -- Lisa Marchese's wanderlust has taken her to practically every corner of the globe, but she chose Las Vegas as her home to pursue what she calls "a once-in-a-lifetime opportunity" - the role of chief marketing officer for The Cosmopolitan of Las Vegas. Marchese never expected a career in the ... (read more)
Ex-Cantor executive to plead not guilty, attorney says9 November 2012
LAS VEGAS -- A lawyer for a former Cantor Gaming executive charged with four felonies in connection with an illegal bookmaking ring said Thursday he will plead not guilty later this month at his initial court hearing in New York. Michael Cristalli, a Las Vegas-based lawyer, declined to comment on the charges against his client, Mike Colbert. ... (read more)
Betts to retire as CEO of Global Cash Access9 November 2012
LAS VEGAS -- Scott Betts will retire as CEO of Global Cash Access Holdings Inc. on Dec. 31. Betts, who served as CEO since October 2007, will remain an employee in a strategic planning role through March and will continue to serve as a board member, according to the company. David Lopez, president of the Las Vegas-based company since June, was named CEO on Wednesday, the company said. ... (read more)
Wynn Resorts to bid for casino in Philadelphia9 November 2012
LAS VEGAS -- Steve Wynn is going to bid for the last casino license in Philadelphia. The chairman of Wynn Resorts, Limited proposes to build a 150,000-square-foot casino with 900 slot machines and 100 table games and a 300-room hotel on about 60 acres of waterfront property, a company spokesman confirmed Thursday. ... (read more)
Full House Resorts Inc. profits exceed expectations8 November 2012
LAS VEGAS -- Full House Resorts, Inc. on Wednesday reported third-quarter earnings that beat analyst expectations across the board, as the company posted a double-digit increase in casino revenues and earnings from its casinos in Northern Nevada. The Las Vegas-based company reported net income of $2.1 ... (read more)
Paddy Power pays out over $650,000 on President Obama's victory - before results were in8 November 2012
Paddy Power, a Dublin-based online bookmaker, was so confident President Barack Obama would defeat GOP challenger Mitt Romney and win re-election Tuesday that it already had paid out more than $650,000 before the results were in, the firm said on its blog. Before the decision to pay out, Obama's odds fell ... (read more)
Tropicana Entertainment posts $20 million third-quarter profit8 November 2012
LAS VEGAS -- Tropicana Entertainment LLC's third-quarter profit was helped significantly by lower interest expenses, the Las Vegas-based gaming company said Wednesday. The company, which has casinos in Nevada, New Jersey, Louisiana, Indiana and Aruba, said it earned $20.8 million in the third quarter, up from $14.9 million in the same period last year. ... (read more)
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