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Howard Stutz Gaming Guru - Page 127Survey: Top gaming companies have distinctive Asian ties19 February 2013
LAS VEGAS -- A recent ranking of the top 20 gaming companies based on market capitalization had one distinctive flavor. The top 10 companies have either a direct investment or control of Asian gaming assets. Global Betting & Gaming Consultants - GBGC, which is based in the United Kingdom, ranked the worldwide companies according to U.S. ... (read more)
Poker world mourns friend Jerry Buss19 February 2013
LAS VEGAS -- The death of Los Angeles Lakers owner Jerry Buss was felt not only in the sports world, but within the poker community. Buss, who died Monday at 80, was an active poker player in Las Vegas, especially at the World Series of Poker, where he was a participant for decades. Buss had four career ... (read more)
Link not disclosed in IGT deal18 February 2013
A Silicon Valley-based investment bank where the husband of International Game Technology CEO Patti Hart is a top executive oversaw the slot machine maker's purchase of a small social gaming technology company last year. Under the U.S. Securities and Exchange Commission's Regulation Fair Disclosure, ... (read more)
Professor was valued, respected in gaming industry18 February 2013
Bill Eadington never built a billion-dollar Strip resort. He never managed a riverboat casino or a gambling hall of any size. Eadington never created a new table game. He never developed an innovative slot machine. Yet, the influence Eadington carried inside and outside gaming circles during his 44-year ... (read more)
World Series of Poker ensures the Ladies Only championship includes just women players18 February 2013
Among the planned 62 bracelet events scheduled for the 2013 World Series of Poker is the Ladies Only No-Limit Hold’em Championship. This year, tournament officials have taken steps to ensure the event on June 28 really is a women-only tournament. In the past, several men have entered the women’s event, ... (read more)
Regional casino operator Pinnacle suffers fourth-quarter net loss14 February 2013
LAS VEGAS -- Several one-time charges and costs associated with the opening of a hotel-casino in Baton Rouge, La., caused regional gaming operator Pinnacle Entertainment, Inc. to suffer a net loss in the fourth quarter. The Las Vegas-based company said Wednesday its net loss in the quarter that ended Dec. ... (read more)
Infinity World chief joining MGM Resorts company board13 February 2013
LAS VEGAS -- The president of MGM Resorts International's partner in CityCenter has been elected to serve on the casino company's board of directors. In a statement Tuesday, MGM Resorts officials said William Grounds, director and president of Infinity World Development Corp., will join the company's board. ... (read more)
SBE Entertainment secures last of $415 million in financing for Sahara13 February 2013
LAS VEGAS -- Nearly two years after closing, the Sahara is finally getting its long-awaited face-lift. Los Angeles-based SBE Entertainment Group, LLC has secured the last piece of the $415 million in financing needed to transform the Strip resort into the SLS Las Vegas. Groundbreaking - for work such as interior construction and exterior design - is scheduled to begin today. ... (read more)
MGM Resorts wants Toronto to bet on its complex12 February 2013
Nevada's largest casino companies are about to bet the house on Toronto. A single integrated resort complex in the heart of Canada's largest city could be worth billions in annual revenue to whichever casino operator wins a heated bidding process for the gaming license. Of course, there has to be a competition. ... (read more)
Maintain wages, benefits, Culinary workers say12 February 2013
LAS VEGAS -- That was the overriding theme from three Strip and downtown casino workers as Culinary Local 226 and Bartenders Local 165 enter into contract talks with much of the Las Vegas hotel-casino industry. Several thousand union members convened Monday in meetings at Cashman Center in different sessions to discuss the upcoming contract talks. ... (read more)
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