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Howard Stutz Gaming Guru - Page 133Affinity Gaming shareholder defends questioning of $300,000 payment21 December 2012
LAS VEGAS -- The president of Affinity Gaming's largest shareholder on Thursday defended his questioning of a $300,000 payment made to the casino operator's board chairman, telling the Nevada Gaming Commission and Control Board that the 2011 action was "very uncommon." James Zenni, whose Illinois-based ... (read more)
Regulators' chief signed onto Caesars system to see how it worked21 December 2012
LAS VEGAS -- The most surprising revelation to come out of the Nevada Gaming Commission and Control Board hearing Thursday into the licensing of Caesars Interactive Entertainment wasn't the company's eventual approval. Gaming Commission Chairman Pete Bernhard, the state's top regulator, said he signed onto ... (read more)
Bally Technologies to supply VLTs to fifth Canada province20 December 2012
Slot machine maker Bally Technologies, Inc. signed an agreement Wednesday to provide the provincial lottery in Saskatchewan with 650 of the company's video lottery terminals. Terms were not announced for the contract, which was awarded after a competitive procurement process. Atlantic Lottery Corporation, ... (read more)
Imperial Palace fading into sunset of Strip redevelopment20 December 2012
LAS VEGAS -- The Imperial Palace Hotel & Casino officially disappears on Friday. That's when the Strip resort will officially be operating as the Quad, Caesars Entertainment Inc. announced Wednesday. Renovations of the 2,543-room hotel-casino began recently, and the changes are expected to be completed by late 2013. ... (read more)
Mirage President Felix Rappaport will resign19 December 2012
LAS VEGAS -- Felix Rappaport, president of The Mirage, announced on Tuesday plans to resign from his position, becoming the second MGM Resorts International Strip property high-level executive to leave the company this month. On Dec. 3, Aria President Bill McBeath resigned. In a memo to employees, ... (read more)
Poker player Lederer agrees to forfeit millions to settle civil lawsuit19 December 2012
Poker superstar Howard Lederer, facing a $42.5 million civil lawsuit filed by the U.S. Department of Justice over his leadership role with a tarnished online gambling company, agreed Tuesday to settle the case, forfeiting more than $2.5 million in cash and assets. In a stipulated settlement filed at the U.S. ... (read more)
IGT confirms Megabucks winner at M Resort18 December 2012
LAS VEGAS -- A gambler wishing to remain anonymous hit the statewide Megabucks slot machine jackpot, totaling more than $17.3 million, over the weekend at M Resort. International Game Technology officials confirmed the jackpot Monday. M Resort officials posted notice of the win on the hotel-casino's Facebook page. ... (read more)
Paris to host 2013 World Series of Poker Europe18 December 2012
The 2013 World Series of Poker Europe will take place in Paris inside the oldest casino in France. Tournament officials announced Monday the seventh annual event will take place Oct. 11-24 in the lakefront Casino Barrière d'Enghien-les-Bains in greater Paris. The casino has gone through several remodeling ... (read more)
Revenues, profits rise for SHFL Entertainment18 December 2012
LAS VEGAS -- SHFL Entertainment grew revenues and profits over the fourth quarter and all of fiscal 2012 and the gaming equipment supplier awarded its chief executive with a contract extension. Las Vegas-based SHFL, formerly known as Shuffle Master, announced Monday revenue grew 12 percent to $73.6 million in the quarter that ended Oct. ... (read more)
Internet poker bill effort dead, Reid says17 December 2012
WASHINGTON, D.C. -- Its dim prospects finally fading to black, Sen. Harry Reid pulled the plug Friday on the effort in Congress to legalize Internet poker this year. With only days remaining in the session, and with consensus far from reached on a bill that sought to reshape the landscape of online gaming, "we have simply run out of time in this legislative calendar," he said. ... (read more)
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