 Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter! Howard Stutz Archives
More Strategy Experts
|
Howard Stutz Gaming Guru - Page 205Fahrenkopf says gaming is backing Harry Reid in Nevada3 September 2010
LAS VEGAS, Nevada -- American Gaming Association President Frank Fahrenkopf Jr., who served as chairman of the National Republican Party for six of President Ronald Reagan's eight years in the White House, is backing the re-election of Democratic Senate Majority Leader Harry Reid.
He also said the bulk of the gaming industry — well, probably not Las Vegas Sands Corp. ... (read more)
Vegas sportsbooks accept wagers via Blackberry3 September 2010
LAS VEGAS, Nevada -- Let's say you want to place a wager on the Monday Night National Football League opener between the San Diego Chargers and the Kansas City Chiefs. But you're at work and you can't get over to the sports book before kickoff.
The answer may be as easy as your BlackBerry.
Leroy's ... (read more)
Global, non-Vegas casino operators lift August index3 September 2010
LAS VEGAS, Nevada -- The gaming sector's stock market performance during August carried a distinct trend.
Companies with large casino holdings outside of the United States and regional gaming operators were the darlings of the investment community.
Las Vegas-centric gaming companies didn't fare quite as well. ... (read more)
Gomes optimistic about Resorts Atlantic City30 August 2010
ATLANTIC CITY, New Jersey -- Maybe they should anoint Dennis Gomes mayor of Atlantic City. Clearly, Gomes has way too much exuberance and optimism to handle just the ownership of the city's oldest hotel-casino. The Boardwalk, he said, is poised for an epic turnaround. Gomes, 65, acquired Resorts Casino Hotel last week through his privately held Gomes Gaming Inc. ... (read more)
Atlantic City outlook stays cloudy30 August 2010
ATLANTIC CITY, New Jersey -- Add another nail to Atlantic City's coffin.
Table games, which were operational for just part of July at Pennsylvania's nine casinos, brought in more than $17.5 million in gaming revenue during the month.
The initial results led gaming analysts to believe that dire days ... (read more)
Judge approves Station Casinos reorganization plan30 August 2010
LAS VEGAS, Nevada -- A federal bankruptcy judge in Reno confirmed Station Casinos' plan of reorganization Friday after 90 percent of the company's secured and unsecured creditors signed off on the deal, which will wipe some $4 billion in debt from the company's books.
The plan will give creditors an ... (read more)
Dubai World may sell CityCenter stake27 August 2010
LAS VEGAS, Nevada -- Dubai World, one of the largest investors in MGM Resorts International and a 50 percent owner of CityCenter, may be looking to sell its stake in the casino operator to pay down more than $14.4 billion of bank debt. Both Reuters and Bloomberg News reported that the investment arm of the ... (read more)
Creditors support Station Casinos' reorganization plan27 August 2010
LAS VEGAS, Nevada -- Station Casinos representatives will walk into the U.S. Federal Bankruptcy Court in Reno this morning with support from nearly 90 percent of the company's secured and unsecured creditors for its two-pronged plan of reorganization.
Given that Station Casinos needs 65 percent of its ... (read more)
Cosmopolitan to be part of Marriott's luxury hotels27 August 2010
LAS VEGAS, Nevada -- Operators of the soon-to-open Cosmopolitan of Las Vegas found a 32 million-plus answer to questions surrounding the independent Strip resort's lack of a database. Cosmopolitan operators announced a deal Wednesday with Marriott International to market the $3.9 billion hotel-casino as ... (read more)
Dennis Gomes acquires Resorts in Atlantic City24 August 2010
ATLANTIC CITY, New Jersey -- Longtime gaming figure Dennis Gomes has entered into an agreement to acquire the financially troubled Resorts Casino Hotel in Atlantic City. Gomes, who ran casinos in Las Vegas in 1980s and 1990s before returning to his roots in Atlantic City, acquired the aging property through his privately held Gomes Gaming Inc., which he operates with his son, Aaron. ... (read more)
< Previous 10 Articles | Next 10 Articles > |