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Howard Stutz Gaming Guru - Page 160For slot machine company executive Bob Miodunski, Cabo will wait30 April 2012
What happens when you grow weary of building and selling custom houses in Cabo San Lucas on the lower tip of Baja California Sur, Mexico?
If you're retired gaming executive Bob Miodunski, you come back to the U.S. and take a temporary position helping an up-and-coming slot machine manufacturer gain a foothold in the industry. ... (read more)
Slot points for spinach? Golden Gaming will try it - launching rewards club for grocery stores30 April 2012
Slot points for steaks, seafood and spinach?
Golden Gaming, Inc. is about to make that possible by giving grocery store slot players their own rewards club.
The company, which is Nevada's largest tavern owner, became the state's biggest slot machine route operator in March through an asset swap with Affinity Gaming. ... (read more)
O'Sheas to raise final toast to current home on Strip30 April 2012
O'Sheas Casino will end its current existence on the Strip at noon Monday. Roughly 14 hours later, the real action begins. The 22,000-square-foot standalone casino, which does not have hotel rooms and opened in 1989, is being demolished as part of the construction for the $550 million Project Linq. ... (read more)
Poker icon "Amarillo Slim" Preston, 83, dies30 April 2012
Poker legend "Amarillo Slim" Preston, who dominated the tables long before the game's massive growth in popularity, died early Sunday morning after a long illness at the age of 83. Born Thomas Austin Preston Jr., "Amarillo Slim" became one of poker's most accomplished cash-game players. He was recognized by his Stetson cowboy hat and ostrich skin boots. ... (read more)
Pinnacle plans to purchase majority stake in Texas racetrack27 April 2012
Regional casino operator Pinnacle Entertainment, Inc. announced Thursday it will acquire a 75.5 percent interest in a Texas racetrack for $22.8 million.
The Las Vegas-based company, which operates casinos in Louisiana, St. Louis and Indiana, also owns the River Downs Racetrack in Cincinnati, Ohio. ... (read more)
Las Vegas Sands boss Sheldon Adelson tells UNLV students he learned on the fly27 April 2012
It's not every day that the nation's seventh-richest billionaire tells college students the secret of his success was "never knowing anything" about the businesses in which he got involved.
In a 90-minute discussion Thursday with University of Nevada, Las Vegas students, Las Vegas Sands Corp. Chairman Sheldon Adelson also advised that willingness to risk it all is key to any entrepreneur. ... (read more)
Asia properties boost LV Sands26 April 2012
Roughly 83 percent of Las Vegas Sands Corp.'s $2.76 billion in first-quarter revenues came from the casino operator's holdings in Asia.
Don't expect that to change anytime soon.
During a conference call with analysts and investors Wednesday to discuss the company's financial results for the three ... (read more)
PokerStars in settlement talks with prosecutors25 April 2012
Online gaming giant PokerStars, which saw its access to American customers cut off by a federal indictment a year ago, said Tuesday it is in settlement talks with prosecutors. Meanwhile, a separate deal involving a French investment group's effort to buy troubled rival Full Tilt Poker fell through. ... (read more)
IGT increases second-quarter revenues with interactive help25 April 2012
Tucked within International Game Technology's second-quarter earnings report were a few sentences about the company's interactive gaming business results. It may be too early to attach a qualitative figure, but the slot machine maker clearly indicated to Wall Street where the business could be headed. ... (read more)
Nevada's slot machine industry preparing for Internet gaming23 April 2012
International Game Technology is poised to premiere "American Idol" on Facebook, and wants players to one day wager on the interactive version of its slot machine on the Internet.
While state and federal lawmakers inch along toward legalization of online gaming, IGT and the casino industry's other large slot machine makers are already lining up for a piece of the potential action. ... (read more)
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