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Howard Stutz Gaming Guru - Page 209Lawsuit filed to prevent rentals at Vegas complex20 July 2010
LAS VEGAS, Nevada -- A group of potential Cosmopolitan of Las Vegas condominium owners is suing to prevent the resort from renting their units to hotel guests when it opens in December, a law firm representing the plaintiffs announced Wednesday.
The lawsuit was filed Wednesday in Clark County District Court on behalf of 220 individuals with nearly $20 million in deposits on units. ... (read more)
Game makers take aim at Pennsylvania19 July 2010
LAS VEGAS, Nevada -- This month's rollout of table games in Pennsylvania casinos is expected to be a boon for the state's tax coffers.
It's also turning into a financial windfall for Nevada-based table game providers and gambling equipment vendors.
Pennsylvania is one of three Eastern states -- ... (read more)
IGT elects new board member19 July 2010
RENO, Nevada -- Slot machine maker International Game Technology said that Vincent Sadusky has been elected to the company's board of directors.
Sadusky is president and chief executive officer of LIN TV Corp., a multimedia company based in Providence, R.I.
"He brings a wealth of knowledge and ... (read more)
Penn National terminates agreement on Ohio casinos19 July 2010
WYOMISSING, Pennsylvania -- Penn National Gaming announced this morning it terminated option agreements with rival Lakes Entertainment concerning two casino sites in Ohio.
In a statement, Penn National said it would pay Lakes a $25 million cash payment in exchange for Lakes surrendering its interest in casino projects in Columbus and Toledo. ... (read more)
Computer-linked game systems don't yet rule casinos16 July 2010
LAS VEGAS, Nevada -- Like many casino operators, Aria President Bill McBeath isn't sure how server-based gaming will ultimately be received.
He knew five years ago, however, that Aria, the centerpiece hotel-casino of MGM Resorts International's $8.5 billion CityCenter, wasn't going to open without the new technology. ... (read more)
Las Vegas visitation up 2 percent in May12 July 2010
LAS VEGAS, Nevada -- Visitation to Las Vegas grew 2 percent in May, the ninth straight monthly increase.
The Las Vegas Convention and Visitors Authority said 3,262,831 tourists came to town during the month, compared with 3,199,719 in May 2009.
Visitation is up 1.5 percent through May, with 15.4 ... (read more)
Ex-Alliance Gaming boss joins small slot maker12 July 2010
LAS VEGAS, Nevada -- Former Alliance Gaming chief executive Bob Miodunski has ended a six-year hiatus from the gaming industry.
American Gaming Systems (AGS), a small slot machine manufacturer that provides games to American Indian casinos, named Miodunski as its chairman and interim president and chief executive officer. ... (read more)
Huck Seed wins WSOP Tournament of Champions6 July 2010
LAS VEGAS, Nevada -- Huck Seed, who was voted into the World Series of Poker's 27-player Tournament of Champions by fans, won the freeroll event and the $500,000 first prize. Seed, who was the 1996 World Series of Poker's Main Event champion, won the all-star tournament that was played off and on over a ... (read more)
Atlantic City continues to struggle28 June 2010
ATLANTIC CITY, New Jersey -- In the same breath in which the gaming industry received rare positive news from Wall Street, Atlantic City was given yet another beat-down.
And so continues the Boardwalk's years of discontent.
Last week, Moody's Investors Service revised its Industry Sector Outlook ... (read more)
Kassela first double-bracelet winner of WSOP25 June 2010
LAS VEGAS, Nevada -- It took 40 events, but the World Series of Poker finally crowned its first multiple individual event bracelet winner of the tournament. Frank Kassela of Memphis, Tenn., captured the $2,500 buy-in Seven-Card Razz event early Thursday morning at the Rio, topping a 365-player field and earning $214,085. ... (read more)
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