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Ed Vogel Gaming Guru - Page 4License Urged for Aladdin Resort's Owners12 August 2004
CARSON CITY, Nevada -- A group that intends to turn the bankrupt Aladdin into the first
Planet Hollywood hotel-casino won preliminary license approval Wednesday from the
state Gaming Control Board.
Planet Hollywood, Bay Harbour Management and Starwood Hotels & Resorts will operate
the Strip resort. ... (read more)
Nevada Economy: State Gaming Revenue on a Roll13 July 2004
CARSON CITY -- Nevada's gaming industry blossomed in May as casinos raked in $908 million from gamblers, nearly a 13 percent increase over the same month last year, the state announced Friday.
Gaming Control Board statistical analyst Frank Streshley attributed the large increase to an improved ... (read more)
Nevada Economy: Job Report Provides Optimism22 June 2004
CARSON CITY -- Nevada's seasonally adjusted unemployment rate dipped two-tenths of a percentage point to 4.1 percent in May, the state's lowest rate since August 2000.
"Every major labor market in the state achieved a multiyear low in unemployment in May," Gov. Kenny Guinn said Friday in a statement. ... (read more)
Gaming Control Board: Wynn Partner Gets OK7 June 2004
CARSON CITY -- A $1 billion slot machine company controlled by Steve Wynn's Japanese business partner received unanimous approval Friday for a two-year Nevada manufacturer's license.
Wynn told members of the Gaming Control Board of the strong ethical character of Aruze Corp. Chairman Kazuo Okada. ... (read more)
Nevada Gaming Board Waits on Gaming License3 June 2004
CARSON CITY, Nevada -- Gaming Control Board members could not agree Wednesday on whether to
give Goldman, Sachs & Co. an unconditional waiver from a regulation requiring it to
get a gaming license.
Historically, such waivers have been granted to passive owners of gaming properties,
such as mutual funds and Wall Street investment firms such as Goldman, Sachs & Co. ... (read more)
Boyd Gaming, Coast Casino Merger Approved3 June 2004
CARSON CITY, Nevada -- A $1.3 billion merger of Boyd Gaming Corp. and Coast Casinos was
quickly approved Wednesday on a 2-0 vote by the Gaming Control Board.
The combined company will consist of 19 gaming properties, have annual revenue of $2
billion and unite the Boyd and Gaughan families, whose lineage in Las Vegas gaming
stretches back to the 1940s. ... (read more)
Nevada Economy: Jobless in Las Vegas, State Drop30 March 2004
CARSON CITY -- Nevada's unemployment rate fell to 4.4 percent in February, remaining at a three-year low as the state continued to lead the nation in job growth, Nevada officials reported Monday.
The state's unemployment rate now is far less than the national 5.6 percent rate and the 6.2 percent rate in neighboring California. ... (read more)
Nevada Economy Recovering2 October 2003
CARSON CITY -- Nevada's economy showed continued signs of recovery in July as businesses posted their strongest sales increases since before the Sept. 11, 2001, terrorist attacks, state officials said Wednesday.
Sales by businesses in the state climbed by 9.3 percent in July, the largest monthly gain in nearly two years. ... (read more)
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