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Cy Ryan Gaming Guru - Page 6August Gaming Win Rebounds12 October 2004
CARSON CITY -- Fueled by strong play in the slot machines, Nevada casinos bounced back in August, winning $905.1 million, up 11.2 percent from a year ago.
The state Gaming Control Board reported today the $905.1 million was a record win for the month of August, surpassing the $839.5 million in August ... (read more)
Venetian Stock Sale Approved1 October 2004
CARSON CITY -- The state Gaming Control Board today recommended approval for Las Vegas Sands Corp. to sell up to $575 million in common stock to be used for such things as expansion into the gaming markets in Asia and the United Kingdom. The deal is part of the company's previously announced initial public offering. ... (read more)
Gaming Win Slumps in July10 September 2004
CARSON CITY, Nevada -- After months of double-digit increases, winnings in Nevada casinos slumped in July by 1.5 percent compared with a year ago.
The Nevada Gaming Control Board reported today that casinos statewide won $812.4 million before taxes and business expenses, or $13 million less than a year ago. ... (read more)
Court Rejects Appeal of Stratosphere Ride Case3 September 2004
CARSON CITY, Nevada -- The Nevada Supreme Court today rejected the appeal of the Stratosphere Resort & Casino to develop a roller-coaster-type thrill ride at its property in Las Vegas.
The court upheld the decision of District Judge Valorie Vega, who had ruled in favor of the City Council that denied ... (read more)
New Nevada Casino Regulator Seated27 August 2004
CARSON CITY -- The state Gaming Commission took things out of order Thursday so its new commissioner John Moran could sit at the meeting.
Gov. Kenny Guinn announced the appointment of Moran to the Gaming Commission on June 25 to succeed Augie Gurrola. A spokesman for the governor said he did not know Moran had a state gaming license at that time. ... (read more)
Vegas Businessman Receives License27 August 2004
CARSON CITY -- Las Vegas businessman Andrew Donner has been granted a state casino license for the Lady Luck, but the chairman of the Nevada Gaming Commission expressed concerns that Donner may be "cutting corners" in following rules.
Donner, who moved to Las Vegas 10 years ago and has 16 licenses ... (read more)
Growth in Nevada Gaming Win Cools in June12 August 2004
CARSON CITY, Nevada -- After four straight months of double-digit increases in gaming win, Nevada casinos cooled off in June, posting a 5.7 percent gain over June 2003 with gross revenue of $855.4 million.
But the state Gaming Control Board reported there were still some hot spots in Southern Nevada ... (read more)
Indian Gaming on the Rise, Except in Nevada7 July 2004
CARSON CITY -- Indian gambling expanded in every state where it was legal last year, except in Nevada.
And the growth of gross win of tribal casinos far outpaced the percentage increase for commercial gambling.
Alan Meister, a manager of financial consulting firm Analysis Group, released his ... (read more)
Aruze Wins Nevada Approval18 June 2004
CARSON CITY -- Steve Wynn, who is building a megaresort on the Las Vegas Strip, says he and others are in the process of developing a "radical" new slot machine.
Wynn testified before the Nevada Gaming Commission Thursday in support of the application of Aruze Corp., a Japanese company headed by Kazuo ... (read more)
Gaming Win Sets Record for April8 June 2004
CARSON CITY -- For the third straight month, Nevada casinos posted a double-digit increase in winnings with strong business on the Las Vegas Strip.
The state Gaming Control Board reported today the clubs reported gross revenue of $826.9 million for April, up 11.05 percent, a record for this month. ... (read more)
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