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Howard Stutz Gaming Guru - Page 112Bally's Las Vegas remodeling rooms, suites25 June 2013
LAS VEGAS -- Bally’s - Las Vegas is remodeling the 756 rooms and suites inside the hotel-casino’s south tower, which will be renamed the Jubilee Tower. The name is a tribute to the long-running Donn Arden’s “Jubilee!” The show has been holding performances since 1981. Caesars Entertainment Inc., which owns Bally’s and the attached Paris Las Vegas, is overseeing the room remodeling project. ... (read more)
Internet wagering attracts crowd; how will Nevada fare?24 June 2013
No one can say for certain how much New Jersey’s online gaming market will actually be worth. State regulators, lawmakers, casino industry insiders and Wall Street analysts have estimated Internet wagers could generate as much as $1.2 billion in gaming revenues in the first year — roughly 40 percent of what Atlantic City’s 12 casinos collected in 2012. ... (read more)
Poker players' official to discuss Web gaming legalization24 June 2013
For the past few months, Poker Players Alliance Executive Director John Pappas has been running up the frequent flyer mileage. With federal Internet poker legalization prospects seemingly at a standstill, Pappas focused efforts of the 1.2 million-member lobbying organization on various individual state legislative activities. ... (read more)
Mississippi gaming regulators sign off on Pinnacle acquisition21 June 2013
Mississippi gaming regulators on Thursday signed off on Pinnacle Entertainment, Inc.’s $2.8 billion acquisition of Ameristar Casinos, Inc. The ruling comes a few days Pinnacle reached an agreement with the Federal Trade Commission over antitrust issues surrounding the deal. Pinnacle will acquire the Ameristar Casino Hotel - Vicksburg, Mississippi, as part of the buyout. ... (read more)
Zynga acquires design studio founded by slot industry veteran21 June 2013
A design studio founded by a longtime slot machine industry veteran has been acquired by social gaming giant Zynga Inc., which is seeking an avenue into Nevada’s gaming market. San Francisco-based Zynga, developer of “Farmville,” “Words With Friends” and other freeplay social games, did not disclose a purchase price for Spooky Cool Labs. ... (read more)
Konami Gaming doubling size of Las Vegas headquarters20 June 2013
LAS VEGAS -- Konami Gaming, Inc. is more than doubling the size of its Las Vegas-based North American headquarters, signaling a potential challenge to industry’s largest slot machine manufacturers. The company, a subsidiary of the Japan-based Konami Corp., began the expansion work on its corporate offices and manufacturing center last month. ... (read more)
Adelson to online gaming: Get off my lawn20 June 2013
LAS VEGAS -- Sheldon Adelson successfully chased those pesky Internet brats off his lawn. But at the same time he may have pushed potential gamblers out of his casinos. In an opinion piece published on Forbes.com Wednesday, Adelson, the chairman and CEO of Las Vegas Sands Corp., reiterated his long-standing opposition to Internet gambling. ... (read more)
Pinnacle deal for buyout of Ameristar calls for sale of two properties18 June 2013
LAS VEGAS -- Pinnacle Entertainment put its downtown St. Louis casino and a western Louisiana hotel-casino development on the market Monday to eliminate any federal antitrust issues surrounding the company’s $2.8 billion buyout of Ameristar Casinos, Inc. An agreement with the Federal Trade Commission is ... (read more)
Confidence in MGM Resorts future climbing17 June 2013
LAS VEGAS -- Clearly, MGM Resorts International’s planned $2.5 billion development on Macau’s Cotai Strip has Wall Street excited. Lately, analysts are giving the company credit for its fundamentals on the Strip. Even CityCenter. J.P. Morgan gaming analyst Joe Greff recently conducted investor meetings with MGM Resorts representatives, including Chief Financial Officer Dan D’Arrigo. ... (read more)
Nevadan at work: Ultimate Gaming exec has international background17 June 2013
LAS VEGAS -- On an early Tuesday afternoon in June, Ultimate Gaming Chief Executive Officer Tobin Prior took out his smartphone and checked up-to-the-minute operating statistics for Ultimate Poker. Sixty-five tables were in play, offering stakes from a few pennies to games with a $100 big blind. At the ... (read more)
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