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Chris Sieroty Gaming Guru - Page 23

Chris Sieroty
 
 

Cantor Gaming sports book director arrested, faces eight charges

25 October 2012
LAS VEGAS -- Cantor Gaming sports book director Mike Colbert was arrested Wednesday in Las Vegas by state gaming agents in connection with a warrant filed by the district attorney in Queens County, N.Y. Gaming and legal sources confirmed the charges involve Pinnacle Sports (PinnacleSports.com), one of the largest offshore sports wagering websites. ... (read more)
 

Wynn Resorts third-quarter profit declines; revenue flat

25 October 2012
LAS VEGAS -- Wynn Resorts Holdings, LLC, the casino company founded by Steve Wynn, said Wednesday that its profit fell almost 12 percent in the third quarter as a debt-related charge increased expenses for the operator of casinos in Las Vegas and Macau. Wynn Resorts said its net income for the third quarter ... (read more)
 

SJM Holdings gets approval for Macau casino

23 October 2012
SJM Holdings Limited, a Hong Kong-based casino operator, said Friday it had received approval to build a hotel-casino in Macau, the world's largest gambling market. In a statement, SJM Holdings said its subsidiary, SJM, had accepted the draft land concession contract with the Macau government for "70,468 square meters" of land in the Cotai area in Macau. ... (read more)
 

Ruth's Chris Steak House to replace The Range at Harrah's Las Vegas

23 October 2012
LAS VEGAS -- Ruth's Chris Steak House has found a home on the Strip. The upscale restaurant chain will open early next year at Harrah's Las Vegas Casino & Hotel, replacing the casino's The Range steak house. The Range will close Nov. 11. The steak house will be on the second floor, with floor-to-ceiling windows offering views of the Strip, the company said Monday. ... (read more)
 

Silver Legacy Casino in Reno seeks to resolve bankruptcy case

22 October 2012
The owner of the Silver Legacy Resort Casino will go before the U.S. Bankruptcy Court in Reno on Monday seeking approval of an agreement to settle its $142.8 million debt with creditors, allowing it to emerge from five months of bankruptcy protection. Details of the plan were limited Friday. An executive ... (read more)
 

Nevada Gold & Casinos finds new corporate home in Las Vegas

16 October 2012
LAS VEGAS -- Nevada Gold & Casinos, Inc. announced Tuesday it's closing its corporate headquarters in Houston and will move to Las Vegas, a decision the gaming company expects will reduce costs by more than $750,000 annually. The move is expected to be completed by early next year, according to a company executive. ... (read more)
 

Station Casinos loss at NLRB not end to dispute with Culinary Union

11 October 2012
LAS VEGAS -- The Culinary Union may have won the latest round in its long-running labor battle with Station Casinos, Inc., but the union still has a lot of work to do in its campaign to unionize the Las Vegas-based gaming company, a labor industry observer said Friday. The National Labor Relations Board ... (read more)
 

Romney debate bounces extends to William Hill odds

8 October 2012
LAS VEGAS -- William Hill, a British bookmaker with about 2,350 shops, updated its odds on the U.S. presidential election Thursday after the first of three debates between Republican nominee Mitt Romney and President Barack Obama. Just one problem for local gamblers - you can't place a wager at any of William Hill's 159 sports books or kiosks in Nevada. ... (read more)
 

Wynn Resorts ranks 26th on Fortune's "Fastest-Growing Companies" list

25 September 2012
LAS VEGAS -- Wynn Resorts Las Vegas was the only Nevada business to make the list of Fortune Magazine's "Fastest-Growing Companies," coming in 26th on the list, the magazine reported in its Sept. 24 issue. Company Chairman and CEO Steve Wynn attributed the accomplishment to a consistent and high-quality product, as well as continued strong revenue growth at his firm's two properties in Macau. ... (read more)
 

Cantor Gaming inks deal with RoadRunner Saloons

22 September 2012
LAS VEGAS -- Cantor Gaming and Corrigan Management Inc. have entered into an agreement allowing RoadRunner Saloons customers to open Cantor sports wagering accounts today . Corrigan Management operates two RoadRunner Saloons in Las Vegas. Customers will be able to open an account, fund their account, withdraw funds and wager through their accounts, Cantor Gaming said in a statement. ... (read more)

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