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Howard Stutz Gaming Guru - Page 178Gaming giant Terry Lanni remembered in Vegas17 August 2011
LAS VEGAS, Nevada -- Community and gaming industry leaders remembered longtime executive Terry Lanni for the changes he brought to the industry during his 30 years overseeing two major casino operators. During a 90-minute service Tuesday afternoon at Mandalay Bay Resort & Casino attended by nearly 1,000 ... (read more)
MGM Resorts says it will demolish flawed CityCenter tower16 August 2011
LAS VEGAS, Nevada -- MGM Resorts International says there's only one way out for the flawed 27-story Harmon Tower: explosives. On Monday, the casino operator told Clark County officials that the structurally troubled Harmon Tower cannot be fixed and submitted a plan to implode the unfinished luxury hotel ... (read more)
Chino Rheem wins Epic Poker League Main Event15 August 2011
LAS VEGAS, Nevada -- David “Chino” Rheem of Los Angeles became the Epic Poker League’s first Main Event champion Friday night at The Palms Casino Resort. Rheem defeated Poker Hall of Fame member Erik Seidel in the $20,000 buy-in No Limit Hold’em Six-handed event to win $1 million. Seidel earned $604,330 for finishing as runner-up. ... (read more)
Cantor Gaming suing Brandywine Bookmaking CEO15 August 2011
LAS VEGAS, Nevada -- If Cantor Gaming really thought Joe Asher was stealing company secrets, why did it take four years to file a lawsuit against its former executive? Maybe the mobile gaming innovator and sports book operator needed time to gather 15.7 million reasons. Asher is chief executive officer of ... (read more)
Nevada gaming revenues jump 16 percent12 August 2011
LAS VEGAS, Nevada -- June turned out to be a month in which the Strip's high-end baccarat players gave back the money they won a year ago.
Gaming revenues statewide and on the Strip recorded their second-straight monthly double-digit increase, fueled in part by a 489 percent increase in what casinos won from free-spending baccarat customers. ... (read more)
MGM Resorts reverses second-quarter loss9 August 2011
LAS VEGAS, Nevada -- MGM Resorts International used its quarterly earnings conference call to somewhat soothe the nerves of the investment community, battered by Monday's 634-point loss in the stock market. The casino giant, which operates 10 resorts on the Strip, including CityCenter Aria Resort & Casino , ... (read more)
Palms goes all-in with Epic Poker League8 August 2011
LAS VEGAS, Nevada -- At first, The Palms Casino Resort President George Maloof wasn't completely sold on the Epic Poker League. He's glad he changed his mind. Up to 240 of the world's best poker players are invading the off-Strip casino this week for the first of four Epic Poker League events scheduled through January. ... (read more)
Sands subsidiary to open luxury hotel in Macau8 August 2011
MACAU -- Sands China Ltd., a subsidiary of Las Vegas Sands Corp., announced Friday that its new multibillion-dollar Macau resort would house Hilton and Intercontinental hotel brands when it opens next year. Located on Macau's Cotai strip, next to The Venetian Macao Resort-Hotel, Sands Cotai Central will ... (read more)
Illinois, Massachusetts mull gambling proposals5 August 2011
SPRINGFIELD, Illinois -- Illinois Gov. Pat Quinn has still not decided what he will do with a gaming bill that could massively expand gambling throughout the state.
Meanwhile, in Massachusetts a casino developer said he’s launching a ballot initiative campaign for the 2012 election that would legalize three casinos in the state. ... (read more)
Ferris wheel plans still spinning in Vegas5 August 2011
LAS VEGAS, Nevada -- The question over competing giant Ferris wheel-type projects on the Strip comes down to who has all their bearings. At least, that's what developer Howard Bulloch says. Bulloch, who is behind the Skyvue development on the south end of the Strip across from Mandalay Bay Resort & Casino, ... (read more)
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