Featured Articles Archive - Page 538

IGT to impose layoffs

LAS VEGAS, Nevada -- Slot machine giant International Game Technology said Tuesday it will lay off a yet-to-be determined number of employees by Jan. 5 due to the troubled economy. In an e-mail to employees, IGT Chairman and Chief Executive Officer TJ Matthews said the number of layoffs will be based on how many workers accept a voluntary separation program that was introduced last week...read more

House committee votes to clarify UIGEA

The movement to regulate online gaming in the U.S. scored its first legislative victory since the passage of the Unlawful Internet Gambling Enforcement Act (UIGEA) when The House Financial Services Committee passed Payment Systems Protection Act (PSPA) by a 30-19 vote Tuesday...read more

Gaming industry escapes wrath of Hurricane Ike

TEXAS AND LOUISIANA -- Hurricane Ike caused some structural damage at Pinnacle Entertainment's L'Auberge du Lac casino in Lake Charles, La., but the gaming industry emerged relatively unscathed from the massive storm. Las Vegas-based Pinnacle said Monday it shut down the gaming operations at L'Auberge early Saturday when the hurricane, which made landfall over the Gulf Coast area of Texas, arrived over western Louisiana. Lake Charles is roughly 150 miles east of Houston, which received the brunt of Hurricane Ike...read more

Resorts' gadgets to suit guests

LAS VEGAS, Nevada -- There was a time when a high-tech hotel room consisted of dial-up Internet access and free movies. At the $9.2 billion CityCenter, the bar is being set a bit higher. MGM Mirage said three of the hotels at CityCenter will have an in-room technology system where guests can customize their room environment for their own personal tastes...read more

Top-10 things to look for in a poker room

In the past three weeks a pair of new plush poker rooms have opened on opposite sides of the U.S. In Connecticut, Mohegan Sun brought live poker back to its casino floor for the first time in seven years with the opening of Casino of the Wind while in Las Vegas the Hard Rock Hotel & Casino rolled out the red carpet for the grand opening of its state-of-the-art poker lounge this past weekend...read more

Nevadan at work: Trade group representative helps competing companies to coexist

LAS VEGAS, Nevada -- In his role as executive director of the Association of Gaming Equipment Manufacturers, Marcus Prater is developing skills that could make him the next secretary-general of the United Nations. The members of his trade group are usually at war with each other in the courtroom...read more

Inside gaming column: IGT talk amounts to Street nothings

LAS VEGAS, Nevada -- A filing with the Securities and Exchange Commission in August gave Wall Street the impression that International Game Technology had acquired 22.5 percent of casino technology provider Progressive Gaming International. Not so, said Progressive Gaming Chief Financial Officer Heather Rollo. Progressive Gaming and IGT expanded the companies' strategic alliance for server-based gaming...read more

Aristocrat Leisure replaces leader of U.S. operations

AUSTRALIA AND LAS VEGAS, Nevada -- Australia-based slot machine maker Aristocrat Leisure Ltd. has tapped a new president of its American operations for the second time in the last two years. The company announced Thursday that Tim Parrott had been replaced as head of Las Vegas-based Aristocrat Technologies by Nick Khin, who has overseen Aristocrat's operations in Europe, the Middle East and Africa since September 2006...read more

Enforcing a Stupid Law

The problem with political jokes is they sometimes get elected. Anonymous What do you do with a law that should never have been written? By this time, most people who are interested in Internet gaming know the sordid history of the Unlawful Internet Gambling Enforcement Act: It was written by the failed politician William H...read more

IGT wins; battle begins

A federal judge has ruled in favor of International Game Technology in a patent infringement dispute with rival gambling equipment maker Bally Technologies. The lawsuit is related to a slot machine gaming wheel product. But Wall Street said the fight is far from finished. Bally and IGT have several patent infringement lawsuits filed against each another in U.S...read more