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Howard Stutz Gaming Guru - Page 157Has gaming reached a saturation point? An oddly self-serving cry of "Enough"29 May 2012
It's not shocking when anti-gaming zealots or those opposed to gambling for moral reasons argue that America has too many casinos.
Imagine the surprise, however, when the developer of Maryland's largest casino suggests the U.S. has reached a saturation point.
The statement seemed a bit self-serving. ... (read more)
Nevada's richest list includes many with casino ties29 May 2012
In the age of the "Occupy Wall Street" movement amidst reverberating cries of the "99 percent versus the 1 percent," one has to wonder whether inclusion on the annual Forbes 400 list of the Richest People in America is actually a good thing.
At a time when the superwealthy are under a microscope, the ... (read more)
Ado over IGT chief's resume brings shrug from analysts29 May 2012
The dust-up over International Game Technology CEO Patti Hart's resume discrepancy lasted all of a 24-hour news cycle.
The financial community's confidence in the slot machine manufacturing giant wasn't shaken.
With sales of newer slot machines to replace older games showing a bit of an upswing and ... (read more)
World Series of Poker returns with 61 bracelet events28 May 2012
by Howard Stutz
LAS VEGAS, Nevada -- If the World Series of Poker holds true to form, the final table of this year's Main Event will include nine unknown players resembling a cross-section of the United Nations.
That's pretty much how the tournament has played out in the three of the past four years. ... (read more)
BMM International moving to new headquarters in Las Vegas25 May 2012
Gambling equipment testing laboratory BMM International is relocating its corporate headquarters within Las Vegas to a facility closer to the major slot machine manufacturers.
The company, which is vying for a piece of the Nevada testing market, currently has an office and testing lab in southern Las Vegas. ... (read more)
Report: Las Vegas Sands won't seek license in Boston area23 May 2012
Las Vegas Sands Corp. on Tuesday became the second Nevada-based casino operator to take a pass on Massachusetts' fledgling gaming industry, saying the number of casinos planned was too many for the overall market.
The move by Las Vegas Sands was somewhat surprising because company Chairman Sheldon Adelson is a native of Boston. ... (read more)
State investigating possible illegal gambling by Whitney Houston's daughter22 May 2012
Nevada gaming regulators are looking into allegations that Bobbi Kristina Brown, 19, the daughter of the late pop superstar Whitney Houston, was gambling at the MGM Grand Las Vegas last weekend. Gaming Control Board Chairman Mark Lipparelli said late Monday that the agency's investigators are looking into the matter. ... (read more)
Russian fishing territory angling for chips22 May 2012
A Russian territory best known for fish processing and heavy industry wants to become the next Macau.
Nash Dom Primorye, a wholly owned government corporation of the Russian Federation's Primorsky Territory, is expected to announce it is seeking developers to build a casino complex near the port city of Vladivostok. ... (read more)
Ohio draws comparison to Singapore as fertile market for casino gambling21 May 2012
CLEVELAND -- Long before the first official hand of blackjack was dealt on Monday, the $350 million Horseshoe Casino Cleveland was credited with driving more than $7 billion in downtown reinvestment in Ohio's second-largest city. Imagine what the next phase - which could include a second casino and a hotel - might accomplish. ... (read more)
Toledo expected to challenge Detroit as draw for gamblers21 May 2012
TOLEDO, Ohio -- To use baseball terminology, the Triple-A city is looking to take business away from the Major League club. Penn National Gaming, Inc. will open the $320 million Hollywood Casino Toledo in nine days, and the regional casino operator is targeting the roughly 300,000 residents of the Northwestern Ohio city as its primary customer base. ... (read more)
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