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Howard Stutz Gaming Guru - Page 183Herbst Gaming announces name change24 May 2011
LAS VEGAS, Nevada -- Herbst Gaming is out and Affinity Gaming is in. Members of the founding Herbst family lost control of the company's casinos and slot machine route operation in December after a bankruptcy court-administered reorganization. They no longer have any involvement in the business. New ... (read more)
Maloof hopes to keep NHL stars coming to Vegas24 May 2011
LAS VEGAS, Nevada -- Three years ago, The Palms Casino Resort owner George Maloof didn't know a slap shot from a faceoff. The National Hockey League then signed a deal with Las Vegas to make the off-Strip hotel-casino the center of the sport's universe for a few days in June. With the three-year agreement ... (read more)
IGT plays on hype of 'Hangover' with game23 May 2011
Maybe this way, it'll be easier to find Doug. The sequel to the popular "Hangover" movie is set to open nationwide next week, and gambling equipment giant International Game Technology is about to take advantage of the hype by unveiling its slot machine themed after the original hit film. Caesars Entertainment Corp. ... (read more)
Culinary challenging UFC to rile Fertittas23 May 2011
Culinary Local 226 has used various venues in an unsuccessful quest over the years to unionize at least half of Station Casinos' 13,000 employees.
Stepping into the Octagon, however, may not be the wisest move.
The union, through the New York Hotel and Motel Trades Council, has squared off with ... (read more)
MGM Resorts hopes to raise $1.5 billion in IPO18 May 2011
LAS VEGAS -- It's official. MGM Resorts International, through the company's joint venture partner in Macau, hopes to raise $1.5 billion in an initial public offering on the Hong Kong Stock Exchange, according to a term sheet for the sale.
Both Reuters and Bloomberg News Hong Kong reported Tuesday the ... (read more)
Tunica casinos to reopen after flooding18 May 2011
Receding Mississippi River floodwaters are allowing casinos in Tunica, Miss., to get back to business. MGM Resorts International said Tuesday it would reopen the Gold Strike at 10 a.m. Wednesday. Caesars Entertainment plans to reopen two of its three casinos in Tunica by Friday. The company is hopeful Harrah's Tunica, its largest casino in the market, would reopen by Memorial Day weekend. ... (read more)
Slots go quiet as Sahara closes 59-year run on Las Vegas Strip17 May 2011
LAS VEGAS -- In the end, it wasn't the celebrities who came to bid farewell when one of the last of the Strip's Rat Pack era hotel-casinos ended its 59-year run Monday.
It was the average folks.
Longtime Sahara customers and employees showed up in the morning and quickly turned a somber occasion into a reunion. ... (read more)
Pinnacle announces name for Baton Rouge casino17 May 2011
Pinnacle Entertainment has gone with a familiar name for the company's $357 million hotel-casino under construction in Baton Rouge, La. The Las Vegas-based regional casino operator said Monday the riverboat casino would be called L'Auberge Baton Rouge, extending the brand of the company flagship L'Auberge du Lac in Lake Charles, La. ... (read more)
After deal, PokerStars returns $100 million to gamblers16 May 2011
Disgraced online gambling company PokerStars said Friday it has returned more than $100 million to U.S. gamblers since it reached an agreement with government prosecutors last month that allowed Americans to cash out their accounts. PokerStars, whose American operations were frozen on April 15 when the U.S. ... (read more)
Sahara employees to receive severance pay16 May 2011
Monday’s closing of the Sahara will put almost 400 employees, who are members of Culinary Local 226 and Bartenders Local 165, out of work. The unions credited Sahara owners SBE Entertainment with softening the blow. SBE is providing Sahara workers with severance pay based on years of service. Employees with 20 or more years at the Strip resort will receive $5,000. ... (read more)
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