 Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter! Howard Stutz Archives
More Strategy Experts
|
Howard Stutz Gaming Guru - Page 179Macau gaming revenues hit $3 billion mark2 August 2011
MACAU -- Macau casino operators had a near-record month in July for gaming revenues, helped by the opening of the Galaxy Macau in May. Casino authorities in Macau said Monday that gaming revenues grew 48.4 percent in July, hitting the $3 billion mark for just the second time. Macau said the 24.2 billion ... (read more)
Gaming stocks up despite debt ceiling concerns1 August 2011
LAS VEGAS, Nevada -- What debt ceiling?
Gaming industry stocks seemed to be shielded from concern about raising the federal debt ceiling, an issue that has made investors in other sectors somewhat skittish.
Nine of the 10 gaming industry stocks followed by Las Vegas-based financial consultant ... (read more)
Wynn sets sights on Singapore1 August 2011
SINGAPORE -- It took awhile, but Singapore finally caught the attention of Steve Wynn. It's hard not to notice the tiny island-nation. Singapore's two casinos are poised to pass Las Vegas as the world's No. 2 gaming destination less than two years after gaming began. If you want further proof, just look at the results posted by Marina Bay Sands in the second quarter. ... (read more)
Caesars pays out $7.75 million in executive bonuses1 August 2011
LAS VEGAS, Nevada -- Caesars Entertainment Corp. paid out $7.75 million in bonuses to key executives for their efforts in slicing more than $100 million in company costs.
The largest payment was $1 million to Caesars Chairman and Chief Executive Officer Gary Loveman.
In a Thursday filing with the U.S. ... (read more)
Epic Poker Leagues reaches TV deal with CBS27 July 2011
LAS VEGAS, Nevada -- The upstart Epic Poker League, which kicks off its initial round of events next week at The Palms Casino Resort, has signed a broadcast deal with the CBS Television Network and Discovery Communications to air a combined 20 hours of programming. The agreement, which is expected to be ... (read more)
IGT posts third quarter loss27 July 2011
LAS VEGAS, Nevada -- Slot machine giant International Game Technology said Tuesday its net income declined slightly in the company's third quarter. For the period that ended June 30, IGT said its net income was $92 million, or 30 cents per share, compared with net income of $96 million, or 32 cents per share, in the same quarter last year. ... (read more)
MGM Resorts wants more time to sell Borgata stake25 July 2011
ATLANTIC CITY, New Jersey -- MGM Resorts International is seeking additional time to sell its 50 percent stake in Atlantic City's Borgata Hotel Casino and Spa as part of a settlement agreement reached with New Jersey gaming authorities for the company to divest itself from the East Coast casino market. ... (read more)
More than 1,500 pay tribute to Lanni at memorial25 July 2011
SOUTH PASADENA, California -- Longtime gaming industry figure Terry Lanni was remembered in a memorial service Friday in South Pasadena, Calif., that was attended by more than 1,500 family, friends, business associates and admirers.
Lanni, 68, who died of cancer on July 14, spent 18 years as the president of Caesars World. ... (read more)
Dennis Phillips considers himself a poker ambassador25 July 2011
LAS VEGAS, Nevada -- Dennis Phillips lost count of how many times poker fans have asked to see his championship bracelet from the 2008 World Series of Poker's Main Event. The trouble is Phillips didn't win the tournament. He finished third. With his trademark red St. Louis Cardinals baseball cap and ... (read more)
U.S. Digital Gaming betting on regulated gambling25 July 2011
LAS VEGAS, Nevada -- U.S. Digital Gaming, a multimillion-dollar venture founded in 2009 by former Las Vegas casino executive Richard "Skip" Bronson, is looking for a few good companies to provide the services needed to run Internet gambling sites.
Bronson and his company offer everything from software and legal services to licensing, marketing and advertising operations. ... (read more)
< Previous 10 Articles | Next 10 Articles > |