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Howard Stutz Gaming Guru - Page 118Affinity Gaming reports small dip in revenues13 May 2013
LAS VEGAS -- Casino operator Affinity Gaming said Friday its overall revenues declined less than 1 percent in the quarter that ended March 31. The Las Vegas-based company, which operates 12 casinos in Nevada, Colorado, Missouri and Iowa, reported revenues of $101 million in the first quarter, down from $101.7 million a year ago. ... (read more)
Las Vegas man wins first legal online poker tournament in United States10 May 2013
LAS VEGAS -- Las Vegas resident Daniel Healey made history last weekend, becoming the first poker player to win a legal, real-money online tournament in the U.S. Healey topped a 200-player field to win Ultimate Poker’s first $10,000 Sunday Tournament. Healey collected a first-place prize of $4,173. ... (read more)
Gaming revenue climbs 7 percent in Nevada, 13 percent on Strip10 May 2013
LAS VEGAS -- Nevada gaming revenues grew 7 percent in March, the state’s second straight monthly revenue increase. The Nevada State Gaming Control Board Gaming Commission said Friday casinos statewide collected $914.8 million from customers during the month, an increase of 7.04 percent compared to the same month a year ago. ... (read more)
Poker standout Ivey sues London casino over nonpayment of gambling winnings9 May 2013
Poker champion Phil Ivey has decided he’s waited long enough to collect his winnings from a hot game of Punto Banco last summer in London. A United Kingdom-based law firm said in an e-mailed statement Tuesday it filed a writ with the High Court in London seeking some $12.1 million Ivey says he won at Crockfords Club casino last August. ... (read more)
Slot machine maker sees its profits decline in third quarter7 May 2013
Slot machine maker WMS Industries Incorporated saw its profits decline in the third quarter, company representatives said Monday. The Illinois-based manufacturer, which is being acquired by lottery equipment provider Scientific Games in a $1.5 billion buyout, said its net income for the quarter that ended March 31 was $7.5 million, or 14 cents per share. ... (read more)
Commercial casino gaming revenues total $37.34 billion in 20127 May 2013
U.S. commercial casinos collected $37.34 billion in gaming revenues in 2012, the second-highest figure ever produced by the nation’s gambling states. Gaming leaders said the figure was a sign the industry is recovering since the recession zapped consumer spending. The American Gaming Association, which ... (read more)
Quarterly results offer IGT chief degree of vindication6 May 2013
LAS VEGAS -- There are victory laps and then there are VICTORY LAPS. IGT - International Game Technology Chief Executive Officer Patti Hart took the latter last month. The slot machine manufacturer, which has corporate headquarters in Las Vegas and Reno, grew profits 26 percent to $78.2 million and ... (read more)
New Nevada online poker site deals out 100,000th hand6 May 2013
LAS VEGAS -- Ultimate Poker has registered thousands of users from every U.S. state and 20 countries. That’s in just 72 hours. By Thursday evening, the website dealt its 100,000th hand of poker. Around 10 p.m., Ultimate Poker had 50 poker tables with action. “I would say we were the largest poker room in the state at that hour,” Ultimate Gaming CEO Tobin Prior said Friday. ... (read more)
Ameristar Casino sees profits, revenues decline6 May 2013
LAS VEGAS -- Regional gaming operator Ameristar Casinos, Inc. said a decline in revenues and profits in the first quarter was due to economic factors and new competition in several markets. Las Vegas-based Ameristar, which is being acquired by rival Pinnacle Entertainment, Inc. in a $2.8 billion buyout, ... (read more)
Daughter of Dennis Gomes shines spotlight on late father in new book6 May 2013
ATLANTIC CITY -- The late Dennis Gomes had a colorful and Hall of Fame-worthy 40 years in the gaming industry. He operated more than a dozen casinos in Las Vegas and on the Boardwalk from the mid-1980s until his sudden passing at age 68 in February 2012. Many of those endeavors played out vividly in the public arena. ... (read more)
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