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Chris Sieroty Gaming Guru - Page 33Steve Wynn dropped from Barron's list27 March 2012
LAS VEGAS, Nevada -- Las Vegas casino developer Steve Wynn isn't wanted in the Philippines or Singapore.
Now it seems the CEO of Wynn Resorts Ltd. is no longer considered one of the world's top chief executives.
Barron's, the international business publication, has dropped Wynn from its annual list ... (read more)
Tropicana Las Vegas unveils latest overhaul23 March 2012
LAS VEGAS, Nevada -- The Tropicana Las Vegas is in the midst of a third overhaul of its nightclub and dayclub. Just three weeks after closing the short-lived Tropicana's RPM, the nightclub and dayclub that replaced the failed South Beach-styled Nikki Beach concept, the 30,000-square-foot space is being remade for a new occupant. ... (read more)
Playboy Club to close at Palms19 March 2012
LAS VEGAS, Nevada -- The Playboy Club, a fixture of the club scene at the Palms in Las Vegas for six years, will close for undisclosed reasons, the resort said Friday. "After a strong six-year run, The Palms Casino Resort and Playboy Enterprises will end their partnership in early June and each pursue new brand opportunities in Las Vegas nightlife," The Palms said in a statement. ... (read more)
Bally exec doesn't expect federal online poker soon13 March 2012
LAS VEGAS, Nevada -- Bally Interactive Vice President of Business Development John Connelly said he didn't expect federal legalization of online poker anytime this year, despite assurances by Senate Majority Leader Harry Reid that he'll try to get it through. "An election year makes things a little more complicated," Connelly said. ... (read more)
Indian tribes worried about state online poker7 March 2012
LAS VEGAS, Nevada -- American Indian tribes may not benefit from state-regulated online poker laws. While seemingly everyone at iGaming North America was busy wondering if and when online poker may be legalized on an intrastate basis, tribes expressed concern about the effect state regulation might have on their gaming operations. ... (read more)
Casino companies want U.S. rules for online gaming6 March 2012
LAS VEGAS, Nevada -- For years, Caesars Entertainment Corp. and other brick-and-mortar gaming companies have approached Internet gambling as a threat to their multibillion-dollar businesses, worried that customers would opt to stay home instead of visiting a casino. They also pursued legislation that made Internet gambling illegal. ... (read more)
William Hill generates $1.79 billion in revenue in 201128 February 2012
LONDON, England -- William Hill PLC, a British land-based and online bookmaker, generated $1.79 billion in revenue in 2011, a 6 percent year-over-year increase.
Operating profit for 2011 totaled $432.9 million, the company said Monday.
William Hill said the net revenue increase was largely driven ... (read more)
Golden Gaming purchases slot route, two casinos27 February 2012
LAS VEGAS, Nevada -- Golden Gaming Inc.'s purchase of Affinity Gaming LLC's slot machine route and two casinos in Pahrump was approved Thursday by the Nevada Gaming Commission. The commission's decision makes Golden Gaming of Las Vegas the largest slot machine route operator in Nevada. Blake Sartini, CEO of Golden Gaming, said the deal gives his company 8,500 slot machines and at 650 locations. ... (read more)
Wynn Resorts board removes Okada24 February 2012
LAS VEGAS, Nevada -- Wynn Resorts Ltd. CEO Steve Wynn has ousted former business partner Kazuo Okada from the board of Wynn Macau casino. A board decision to remove Okada was effective immediately, the company said today in a filing with the Hong Kong stock exchange. "The board considered the information disclosed by Wynn Resorts Ltd. ... (read more)
Wynn Resorts buys out Japanese board member20 February 2012
LAS VEGAS, Nevada -- Wynn Resorts Ltd. said Sunday it has deemed Kazuo Okada, a former close business associate of Steve Wynn, as "unsuitable" based on an internal investigation and has forcibly bought his shares in the company at a steep discount.
Wynn Resorts of Las Vegas will pay Okada $1.9 billion ... (read more)
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