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Howard Stutz Gaming Guru - Page 123Q and A with M Resort President Anthony Marnell III1 April 2013
LAS VEGAS -- In baseball, it’s often said that catchers make the best managers. Catchers control the game on the field and are involved in many key decisions. M Resort President Anthony Marnell III understands the concept. A standout high school catcher at Bishop Gorman, Marnell went on to play collegiate baseball at the University of Arizona. ... (read more)
Key Largo Casino had just a small role in Las Vegas history1 April 2013
LAS VEGAS -- The now-burned-out and soon-to-be-demolished Key Largo Casino actually had a bit part in Las Vegas lore. It was one reason the casino became the Key Largo. The closed Flamingo Road casino, which caught fire Thursday, opened in 1973 as the Ambassador. In the 1980s, it was renamed the La Mirage Casino. ... (read more)
These new hotel-casino names were not my idea25 March 2013
LAS VEGAS -- Memo to Las Vegas Review-Journal readers: Please stop calling, e-mailing and leaving me nasty messages about the planned Gansevoort Las Vegas. I didn’t select the name. Nor did I choose the names Quad, SLS, LVH, D, M and any other variation of the alphabet popping up around Las Vegas. ... (read more)
Analyst offers negative forecast for Las Vegas if energy costs rise25 March 2013
LAS VEGAS -- The economic evaluation team at Deutsche Bank looked at how higher taxes and energy cost would negatively impact discretionary spending by consumers. The investment firm’s high-yield gaming analyst, Andrew Zarnett, said the report didn’t bode well for the casino industry. The economic report ... (read more)
Analyst: Recent IGT proxy fight viewed as "positive" for the company25 March 2013
LAS VEGAS -- One gaming analyst thought International Game Technology’s recently concluded proxy fight was actually a good thing for the gaming industry’s largest slot machine manufacturer. Wells Fargo Securities gaming analyst Cameron McKnight resumed his coverage of IGT this week with an “outperform” ... (read more)
Las Vegas hotel-casino operators told to stamp out illegal activities22 March 2013
LAS VEGAS -- Two high-profile incidents and the fast-approaching summer months led state gaming regulators and Las Vegas police to issue a stern warning Thursday to hotel-casino operators: Keep a close watch on your nightclubs and pool parties or face disciplinary action for any illegal activity. In a memorandum from the Nevada State Gaming Control Board Gaming Commission Chairman A.G. ... (read more)
Regulators OK Gilbraltar-based company for Web gaming license22 March 2013
LAS VEGAS -- Representatives of Gibraltar-based 888 Holdings Plc wanted to assure the Nevada State Gaming Control Board Gaming Commission that the company, which operates legal Internet gaming websites in Europe, would comply with the state’s regulatory structure. After the company spent almost two hours ... (read more)
Marnell: M Resort is at "turning point"21 March 2013
LAS VEGAS -- Of all the changes made at the M Resort since the property opened in March 2009, among the most gut-wrenching for Anthony Marnell III was closing Veloce Cibo, the hotel-casino’s 16th floor restaurant with expansive views to the north of the Strip. “It was a heartbreaker for me, but I made the ... (read more)
Station Casinos back on track post-bankruptcy, CFO says20 March 2013
LAS VEGAS -- Mission accomplished. Station Casinos, Inc. Chief Financial Officer Marc Falcone said Tuesday the company accomplished its stated goals for 2012, which included growing revenues 4.4 percent in the casino operator’s first full year following completion of a bankruptcy court-administered reorganization. ... (read more)
$100 million Hakkasan to open at MGM Grand20 March 2013
LAS VEGAS -- One of the Strip’s most expensive nightclub projects will debut next month. Angel Management Group announced the opening schedule Tuesday for the Hakkasan Las Vegas at the MGM Grand Las Vegas. The $100 million construction project removed the location of Studio 54 at the front of the ... (read more)
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