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Howard Stutz Gaming Guru - Page 131National Heads-Up Poker Championship returns to Caesars Palace14 January 2013
LAS VEGAS -- After a one-year hiatus, the National Heads-Up Poker Championship will return to Caesars Palace this spring and will be televised on the both NBC and the NBC Sports Network. The tournament features 64 players competing in one-on-one games of No Limit Hold’em and styled is after the NCAA Basketball Tournament bracket. ... (read more)
Analysts go radio-silent as proxy fight roils IGT14 January 2013
Wall Street sang the praises of IGT - International Game Technology and Chief Executive Officer Patti Hart in December following a daylong meeting with investors to discuss the slot machine manufacturer's 2013 business prospects. Last week, after news surfaced of a proxy fight over control of IGT, the only ... (read more)
Nevada gaming revenues decline 11.1 percent in November11 January 2013
LAS VEGAS -- There is no way to sugarcoat November's gaming revenue totals in Nevada. However, an 11.1 percent statewide gaming revenue decline during month, coupled with a 12.8 percent drop on the Strip, were not a total surprise. One reason for the decline? Analysts said the Strip hold figures - the ... (read more)
Ader disputes statement from IGT in proxy fight11 January 2013
LAS VEGAS -- Former Wall Street analyst Jason Ader, who is heading a proxy fight with IGT - International Game Technology, disputed a brief statement released by the slot machine manufacturer Thursday afternoon. In a one-paragraph statement, IGT said Ader informed the company he had withdrawn his intent to ... (read more)
MGM Resorts passes second hurdle for Macau development10 January 2013
LAS VEGAS -- MGM Resorts International has cleared a second hurdle in the company's quest to build a $2.5 billion hotel-casino project on the Cotai Strip region of Macau. Notice of the Las Vegas-based casino operator's plan was published Wednesday in Macau's official government gazette. MGM Resorts ... (read more)
IGT facing proxy fight from company's former chairman9 January 2013
The former chairman and chief executive of IGT - International Game Technology is challenging the slot machine maker's current leadership and has launched a proxy fight to regain a seat on the company's board of directors. Charles Mathewson, IGT's chairman from 1986 until retirement in 2003, is working with ... (read more)
Crews top off structure for Northern California Indian Casino being developed by Station Casinos9 January 2013
Construction crews topped off the structure Tuesday for the $800 million Graton Resort and Casino near Santa Rosa, Calif., which is being developed and managed by Station Casinos, Inc. The project, which is owned by the Federated Indians of Graton Rancheria, is expected to open later this year. Ground was broken on the resort last June. ... (read more)
MGM Resorts offers free Wi-Fi service at Las Vegas Strip casinos9 January 2013
LAS VEGAS -- MGM Resorts International has unveiled a free Wi-Fi network at its Strip casinos, allowing guests free wireless Internet in public areas throughout the company's resorts. In a statement, MGM Resorts said the system is currently live at Bellagio, MGM Grand, Mandalay Bay and The Mirage. The ... (read more)
Proposed gaming bill would allow interstate agreements for online poker8 January 2013
LAS VEGAS -- Nevada's budding Internet poker market could eventually accept wagers from players in other states under a proposed legislative change in the Silver State's interactive gambling regulations. In a bill draft submitted to the Legislature, the Nevada State Gaming Control Board Gaming Commission ... (read more)
More challenges lie ahead for gaming board chairman7 January 2013
LAS VEGAS -- It's not like A.G. Burnett has a huge learning curve in his new position as chairman of the Nevada State Gaming Control Board Gaming Commission. For more than a decade, Burnett, 43, played a behind-the-scenes but active role in many of the agency's decisions and rulings concerning the industry. ... (read more)
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