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Howard Stutz Gaming Guru - Page 173Trump pushing for Internet poker regulation31 October 2011
LAS VEGAS, Nevada -- Proponents of Internet poker legalization gained a high-profile ally 10 days ago.
Billionaire real estate developer Donald Trump partnered with a New York hedge fund and announced plans to launch a gambling website bearing his famous name once Congress legalizes and regulates the activity. ... (read more)
Asian success boosts Las Vegas Sands results28 October 2011
LAS VEGAS, Nevada -- The success Las Vegas Sands Corp. is experiencing in Asia is now boosting the company's results in Las Vegas. The casino operator reported Thursday that its third-quarter net income was $353.6 million, a 110.5 percent increase compared with $168 million in the same quarter a year ago. ... (read more)
Genting proposes $3.8 billion Miami casino28 October 2011
MIAMI, Florida -- Las Vegas Sand Corp. Chairman Sheldon Adelson loves to say “bigger is better” when discussing his casino projects, such the company’s Venetian Macau, which boasts a 500,000-square-foot casino. We may find out Thursday what he thinks about the plans of his rival for a casino project in Miami. ... (read more)
Competition expected to be fierce for Mass. gaming license26 October 2011
LAS VEGAS, Nevada -- Caesars Entertainment Corp. Chairman Gary Loveman served as an associate professor at the Harvard University Graduate School of Business Administration, holds a doctorate in economics from the Massachusetts Institute of Technology, is involved in several Boston-area charities, and lives most of the time in Massachusetts. ... (read more)
Maryland governor wants online poker off federal agenda24 October 2011
ANNAPOLIS, Maryland -- Maryland's governor is asking Washington D.C., lawmakers to take the proposed legalization of Internet poker off the discussion table because he fears online gambling could destroy his state's lottery. In a letter to Sen. Patty Murray, D-Wash., and Rep. Jeb Hensarling, R-Texas, ... (read more)
MGM Resorts to develop project in Louisiana21 October 2011
LAKE CHARLES, Louisiana -- MGM Resorts International bought its way into the Louisiana gaming market Thursday through a joint venture with Las Vegas-based Creative Casinos to develop and operate a project in Lake Charles. The company's real targets, however, are Houston and other communities in customer-rich Texas. ... (read more)
Penn National reports high profits21 October 2011
WYOMISSING, Pennsylvania -- M Resort owner Penn National Gaming told investors Thursday the locals gaming market is growing increasingly more competitive, especially with Station Casinos emerging from bankruptcy earlier this year. In a conference call with analysts and investors to announce the company's ... (read more)
Newsweek names MGM Resorts a top green company21 October 2011
LAS VEGAS, Nevada -- MGM Resorts International was listed among Newsweek magazine's 500 most environmentally responsible companies in the United States.
The honor marked the second consecutive year the casino operator made the list. MGM Resorts was the highest ranking company among casino operators and was ranked as the third most highly rated hotel company on the list. ... (read more)
American wins WSOP Europe Main Event title21 October 2011
CANNES, France -- American poker professional Elio Fox had to go to Cannes, France, to win his first World Series of Poker championship bracelet. Fox, 25, from New York City, captured the Main Event in the World Series of Poker Europe on Thursday, topping a field of 593 players in the no-limit hold’em tournament and earning more than $1.9 million. ... (read more)
Illinois governor won't sign large-scale gaming bill19 October 2011
SPRINGFIELD, Illinois -- Illinois' governor said late Monday that he wouldn't sign a large casino expansion bill that was sent to his desk in May, quashing expansion of that state's gaming presence.
Gov. Pat Quinn, however, said he would support his own scaled-down proposal, which would allow five new gaming locations, as opposed to nine. ... (read more)
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