Featured Articles Archive - Page 718

Rebecca's Recommendations - November 17, 2005

Welcome back! I have returned in one piece, and now I'm ready to fill you in on my whirlwind of a trip to NYC's AdTech. First of all, I decided to book a room at the Hotel Pennsylvania because the recommended accommodations were at least $400 per night...read more

Casino Bosses Talk on TV

LAS VEGAS – Any more joint appearances and they'll qualify as a lounge act. Two months after sharing a stage at the Global Gaming Expo, Harrah's Entertainment Chairman Gary Loveman and MGM Mirage Chairman Terry Lanni took part in another public discussion Wednesday. The chief executives of the casino industry's two largest companies debated various gaming matters while taping an appearance on "Nevada Week in Review," a weekly, half-hour public affairs program for KLVX-TV, Channel 10...read more

Treasure Chest GM Brings Work Home

NEW ORLEANS, Louisiana – (PRESS RELEASE) -- Talk about taking your work home with you, for Kim Etland the Treasure Chest Casino is her home. As general manager of a floating gaming vessel moored in Lake Pontchartrain, Etland was tasked with bringing the 24,000-square-foot, multilevel riverboat-themed facility back to life after it was closed for seven weeks in Hurricane Katrina's aftermath. Her job was made even more difficult when her own home in the nearby community of Metaire was heavily damaged and rendered unlivable by flooding that followed the storm. Etland took up residence in a modest motor home parked in the Treasure Chest's parking lot, making the casino her personal refuge. "I had hoped to be back in my home by Thanksgiving, but I don't think that will happen," said Etland, a Las Vegas native who graduated from Valley High School in the 1970s...read more

Casino Magic Director Faces Post-Hurricane Challenge

BAY ST. LOUIS, Mississippi – (PRESS RELEASE) -- The experience Marty Moore gained in 20 years marketing Southern Nevada casinos will be put to the test in 2006. As the senior director of marketing for the Casino Magic, Moore will find himself at the forefront when this hurricane-ravaged community's only casino reopens...read more

Empire Limbo: How Low Can You Go?

PartyGaming has followed its decision to segregate the players of its skins clients from the main PartyPoker network with what now appears to have been its plan all along. The company has essentially absorbed two of the four skins into the PartyPoker network and completely severed ties with another...read more

This Casino Will Reopen, Mateys

EDITOR'S NOTE -- Review-Journal reporter Howard Stutz and photographer John Locher recently visited the hurricane-ravaged Gulf Coast region to examine the effect on the gaming industry. This is the third in a weeklong series of articles looking at how the industry and its employees are dealing with the disaster. BILOXI, Miss...read more

Aftermath Of Hurricane Katrina: Where Are All The Slots?

BILOXI, Mississippi -- Soon after the storm surge from Hurricane Katrina subsided and casino operators could climb into their broken gaming barges to survey the damage, reality set in. The natural disaster not only left thousands homeless and ravaged communities when it hit Aug...read more

Rebecca's Recommendations - November 10, 2005

Welcome back to Rebecca's Recommendations! This week has been a crazy one for me. I just came back from NYC's Ad-Tech, "the #1 event for interactive marketing", and now I’m in San Diego visiting my sister. I can't wait to get back to the office so I can get my hands on 1,000+ new email messages...read more

No Decision, No Thanks; Riviera Stock Sinks

Wall Street was unkind to Riviera Holdings on Tuesday after management told investors the company had reviewed alternatives for its flagship Riviera Hotel but reached no conclusions. So on the same day the Las Vegas-based Riviera reported its third-quarter loss had decreased from a year ago, the company's stock price was hammered to its lowest levels in seven months. Shares in the gaming company, which also operates a casino in Black Hawk, Colo., fell 22 percent initially after announcing it had finished assessing alternatives for the 2,070-room Riviera, including a redevelopment of the 26-acre Strip location, joint ventures and refinancing the debt. "It did not produce the appropriate strategy and we saw nothing that we thought would help our shareholders recognize fair market value," said Riviera President Bill Westerman during the company's half-hour conference call with investors and analysts. "Although this process has been concluded, Riviera will continue to consider strategic opportunities as they arise, and as the board of directors considers them to be in the best interests of Riviera and its shareholders," Westerman added. After an initial drop of $4, the share price recovered briefly but continued down in trading on the American Stock Exchange, ending the day at $13.42, down $4.48, or 25.03 percent...read more

L'Auberge du Lac Bolsters Pinnacle's earnings

Pinnacle Entertainment said Monday it was able to increase net income, revenue and earnings per share during the third quarter despite a seemingly anti-gaming stance by Mother Nature. Gulf Coast hurricanes in August and September closed three of the Las Vegas-based casino operator's seven major casinos during those months...read more