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Howard Stutz Gaming Guru - Page 137Who's got clout? The Las Vegas Business looks at 10 movers and shakers who shape business in the valley20 November 2012
LAS VEGAS -- Clout can be fleeting. Especially in Las Vegas. Times change quickly in Southern Nevada. During the boom period, gaming ruled as new megaresorts on the Strip fueled a booming economy. The recession altered the status quo. Gaming, in some sense, has taken a backseat to other types of development and job creation. ... (read more)
Old Sahara to have L.A. feel; retail provider named for SLS Las Vegas20 November 2012
LAS VEGAS -- The planned SLS Las Vegas is bringing a touch of the Los Angeles retail market to the reconfigured former Sahara. SBE Entertainment Group, LLC will announce today a deal to give the Fred Segal chain an exclusive hold on the SLS retail business. Fred Segal will place seven different retail outlets throughout the property, which is being redesigned by architect Philippe Stark. ... (read more)
Penn National plans split into two separate companies19 November 2012
Penn National Gaming, Inc., which saw its stock price jump to nearly a five-year high Friday after announcing plans to split the regional casino operator into two separate publicly traded companies, may be the trendsetter for the rest of the casino industry. Analysts universally praised Wyomissing, ... (read more)
World Series of Poker schedule set; final table determined July 1619 November 2012
LAS VEGAS -- The 2013 World Series of Poker will take place May 29 through July 16 at the Rio, tournament officials announced this week. The slate of individual events still is being finalized, but the tournament is expected to include at least 60 events where the winners earn gold bracelets. The $10,000 ... (read more)
Bwin's chief questioned; expect scrutiny19 November 2012
News that your company's chief executive officer has been arrested, detained or questioned by law enforcement is not the type of headline that pleases stockholders. If the company in question is Bwin.Party Digital Entertainment plc - the world's largest online poker company - this is certainly not the news you want to share with Nevada gaming regulators. ... (read more)
Images rendered by marine-life painter will offer undersea experience on a slot19 November 2012
LAS VEGAS -- Marine-life artist Wyland figured if his paintings were destined for a slot machine, the sea creatures should come to life in a three-dimensional setting that replicates an underwater experience. His impression after viewing the new Wyland-themed machines inside IGT - International Game Technology's showroom on South Buffalo Drive last week? "I'm really stoked. ... (read more)
Regulators license MGM Resorts' planned Web gambling subsidiary16 November 2012
LAS VEGAS -- MGM Resorts International's planned online gaming subsidiary was licensed Thursday by the Nevada Gaming Commission to operate an interactive poker website in Nevada. MGM Resorts officials told regulators the company would wait until real-money poker and casino online company Bwin.Party Digital Entertainment plc is licensed by the state before launching its website. ... (read more)
Caesars appoints new chief financial officer16 November 2012
LAS VEGAS -- Caesars Entertainment Inc. went outside the gaming industry and named Donald Colvin as chief financial officer on Thursday. Colvin served in a similar position with ON Semiconductor Corp. from April 2003 until October. Before joining ON Semiconductor, he held a number of financial leadership ... (read more)
Bally Technologies taps new CEO15 November 2012
LAS VEGAS -- Bally Technologies, Inc. announced Wednesday that Ramesh Srinivasan will become chief executive officer of the Las Vegas-based slot machine manufacturer. Srinivasan, 52, who will also join the company's board, replaces Richard Haddrill, who will become Bally's chairman. The transition takes effect Dec. ... (read more)
Affinity Gaming reverses loss, grows revenues in third quarter14 November 2012
LAS VEGAS -- Affinity Gaming reversed a third-quarter net loss as the Las Vegas-based casino operator moved to sell its three Northern Nevada casinos and took control of its casinos in Colorado. Affinity, which operates the three Primm casinos and the off-Strip Terrible's, said its adjusted net income was $1.5 million for the quarter that ended Sept. ... (read more)
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