 Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter! Howard Stutz Archives
More Strategy Experts
|
Howard Stutz Gaming Guru - Page 149Pinnacle reverses second-quarter loss, will open Louisiana casino in August26 July 2012
Regional casino operator Pinnacle Entertainment, Inc. reversed its second-quarter net loss from a year ago while increasing revenues 3.1 percent. The Las Vegas-based company also said it was pushing the planned opening of its fourth casino in Louisiana to the end of August. Pinnacle said Wednesday its ... (read more)
Pinnacle Entertainment to add small hotel to Boomtown New Orleans casino25 July 2012
Pinnacle Entertainment, Inc. officials said Tuesday the company would spend $20 million to build a 150-room hotel tower at the company's Boomtown New Orleans.
The development would mark the second construction for Las Vegas-based Pinnacle in Louisiana. The company is expected to open the $350 million L'Auberge Casino & Hotel Baton Rouge this fall. ... (read more)
IGT credits revenue rise partly to social gaming25 July 2012
Slot machine giant International Game Technology (IGT) said Tuesday the company's quarterly revenues increased 9 percent, due partly to the spare change social gaming customers spent to increase their virtual bankrolls at the company's Double Down Casino.
IGT, which has headquarters in both Las Vegas ... (read more)
Regional gaming slowdown reduces Penn National's second-quarter results25 July 2012
Slowing gaming trends in several U.S. regional markets diminished second-quarter earnings for Penn National Gaming, Inc.
The company, which owns the M Resort, said Tuesday its net income for the quarter that ended June 30 was $66.7 million, down 12 percent from $76 million in the same quarter a year ago. ... (read more)
Nevadan at Work: Transplant didn't want to leave Las Vegas23 July 2012
David Arrajj literally received his latest job offer during his going away party.
In 2000, Arrajj was corporate counsel for Park Place Entertainment, which operated the Hilton Hotels' gaming properties, including the former Las Vegas Hilton and Bally's Las Vegas.
Company executives asked Arrajj to transfer back to back to Atlantic City. ... (read more)
An easy solution to Echelon eyesore23 July 2012
Here's a better idea than Boyd Gaming Corporation's plan to spend $4 million on palm trees, landscaping and facades to hide a shuttered $4.8 billion development on the Strip that has sat unfinished since 2008 and is one of the boulevard's biggest eyesores. Just tear it down. The fact is Boyd's original ... (read more)
Caesars to pay $100,000 fine to settle under-age gambling, alcohol charges19 July 2012
Caesars Entertainment Inc. has agreed to pay a $100,000 fine to Nevada gaming regulators to settle multiple charges of gambling and alcohol consumption by under-age customers at several of the company's Strip resorts between 2010 and May of this year.
The stipulation for settlement was signed by Caesars representatives on July 9 and filed by the Gaming Control Board the next day. ... (read more)
Reports of deal on Web poker met with caution19 July 2012
Reports by an online gaming publication that two key Washington, D.C., leaders have agreed to push an Internet poker legalization bill through Congress during the lame duck session were met Wednesday with caution and optimism by both the gambling and investment communities.
Last week, online gaming ... (read more)
Churchill Downs files for interactive Nevada gaming license18 July 2012
The company that operates the famed racetrack that is home to the Kentucky Derby has filed an application with Nevada gaming regulators to provide interactive gaming services as part of the state's push into online gaming.
Churchill Downs Incorporated, which owns the famed Churchill Downs Racetrack in ... (read more)
Ameristar completes purchase of planned Louisiana gaming development18 July 2012
Ameristar Casinos, Inc. completed its $32.5 million purchase of a planned gaming development in Lake Charles, La., on Monday and is expected to break ground Friday on the $500 million hotel-casino project.
In a statement, Las Vegas-based Ameristar said it hoped to complete the 700-room Ameristar Lake Charles by the fall of 2014. ... (read more)
< Previous 10 Articles | Next 10 Articles > |