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Howard Stutz Gaming Guru - Page 102Reservations put rebranding of The Hotel on hold16 September 2013
LAS VEGAS -- A planned transformation of The Hotel at Mandalay Bay Resort & Casino into the Delano Las Vegas may be on hold for a good reason. MGM Resorts International needs the rooms. Increased convention and meeting business at the adjacent Mandalay Bay conference center is a sign the casino operator, ... (read more)
Preliminary OK given to marketing agreement between Golden Gaming, Treasure Island12 September 2013
State gaming regulators gave preliminary approval Thursday to a marketing agreement between Golden Gaming and Gibraltar-based 888 Holdings in which the tavern operator could deliver its customers as online poker players to a website that includes Treasure Island. Under terms of the exclusive marketing ... (read more)
G2E will glow with glitz and glamour11 September 2013
LAS VEGAS -- This month’s Global Gaming Expo (G2E) could easily be mistaken for CinemaCon. The casino industry’s annual trade show and conference is where slot machine makers unveil their new games and products. However, the Sands Expo and Convention Center is going to look a lot like Caesars Palace during ... (read more)
COO of Las Vegas Sands Corp.'s Macau subsidiary reportedly resigns4 September 2013
LAS VEGAS -- The chief operating officer of Las Vegas Sands Corp.’s Macau subsidiary reportedly resigned over the weekend. David Sisk, who has been at the company for three years, had left Sands China, several Asian-based media outlets reported Tuesday. A spokesman for Las Vegas Sands confirmed Sisk was no longer employed by the company. ... (read more)
Macau casinos record second-largest monthly revenue in August4 September 2013
Macau’s casino industry recorded its second-highest single month gaming revenue total during August, and analysts said the market shows no signs of slowing. Casinos in the Chinese gaming enclave collected $3.8 billion from gamblers during August, Macau’s Gaming Inspection and Coordination Bureau announced Monday. ... (read more)
Union Gaming Group, successful at home, looks to Japan as global gambling's possible next frontier3 September 2013
When Bill Lerner and Rich Moriarty penciled out their ideas for Union Gaming Group over dinner at the Sparks Steak House in New York City in 2008, the original concept was to create a boutique investment bank and securities firm focused on the global casino industry. Five years later, the Las Vegas-based business has far exceeded their initial plan. ... (read more)
Could Wynn buy Atlantic Club to gain New Jersey foothold?3 September 2013
LAS VEGAS -- How odd would it be if Steve Wynn were to buy the Atlantic Club in Atlantic City in order to gain a foothold in New Jersey’s highly anticipated Internet gaming market? It’s not like he’s unfamiliar with the building. Wynn built the Boardwalk’s southernmost hotel-casino, which opened as the Golden Nugget Atlantic City in 1980, and he sold it for $440 million in 1987. ... (read more)
For the High Roller, the task at hand is to put the wheel in place3 September 2013
LAS VEGAS -- As an executive with Universal Studios, David Codiga led the design and development teams for several of the company’s Orlando theme park attractions, including Jurassic Park, Terminator 2 and Spiderman 3D. Overseeing the design, development and construction of the 550-foot High Roller ... (read more)
Nevada gaming revenues decline 8 percent in July, Las Vegas Strip down 14 percent3 September 2013
LAS VEGAS -- At a glance, the Nevada gaming revenue figure for July looked promising. However, baccarat results and a comparison to just the state’s second billion-dollar month in four years drove down the overall picture. The Gaming Control Board said Friday casinos in Nevada collected $925.7 million from gamblers during July, a decline of 7.9 percent compared with $1.005 billion a year ago. ... (read more)
Caesars signs agreement for $1 billion development in Boston29 August 2013
Caesars Entertainment Inc. on Tuesday stepped up the race to operate a single hotel-casino complex in the city of Boston. The gaming company, in partnership with Suffolk Downs Race Track, signed a host community agreement with city leaders to build a $1 billion development adjacent to the thoroughbred racing facility, which straddles the neighborhood of East Boston and the city of Revere. ... (read more)
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