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Howard Stutz Gaming Guru - Page 212"The Master" wins seventh WSOP bracelet7 June 2010
LAS VEGAS, Nevada -- Seven turned out to be the lucky number for the poker player known as "The Master." Men Nguyen of Bell Gardens, Calif., won the 41st World Series of Poker's first $10,000 buy-in event early Sunday morning, when he topped a field of 150 players to capture the Seven-Card Stud World Championship at the Rio. ... (read more)
Six companies enter reopened Aqueduct casino process4 June 2010
NEW YORK, New York -- Six entities have entered the restarted bidding process to operate a slot machine-only casino at New York Aqueduct Racetrack, but absent from the group was the winner of the previous aborted go-round. The New York Lottery Division, which is overseeing the bidding process, released the names Wednesday. ... (read more)
Kentucky, Delaware put off gaming expansion4 June 2010
FRANKFURT, Kentucy -- Two states have put off gaming expansion for the time being.
In Kentucky, the state Legislature passed a two-year budget plan during a special session.
Gaming expansion, including racetrack slot machines and stand-alone casinos, had been presented during the regular legislative session. ... (read more)
Casino licensees told to stay clear of Internet gambling companies4 June 2010
LAS VEGAS, Nevada -- A member of the Gaming Control Board said casino licensees should continue to keep their distance from Internet gambling companies that accept wagers from Americans.
The Nevada agency will continue to look at any ongoing relationships on a case-by-case basis.
In letter posted ... (read more)
MGM Mirage says it is paying CityCenter subcontractors4 June 2010
LAS VEGAS, Nevada -- MGM Mirage said in a court filing it has begun the process of paying subcontractors caught in the middle of its legal skirmish with CityCenter general contractor Perini Building Co. The casino operator, which owns CityCenter in a 50-50 joint venture with Dubai World, said it is actively ... (read more)
MGM Mirage, Sands, Wynn stocks decline slightly4 June 2010
LAS VEGAS, Nevada -- Stock prices of the gaming industry's "big three" publicly traded casino operators in May lost some of the value they gained on a wild upward swing a month earlier.
But the declines didn't filter down to regional casino operators or slot machine manufacturers, according to a report by Las Vegas-based financial consultant Applied Analysis. ... (read more)
Judge OKs auction of Station Casinos properties4 June 2010
RENO, Nevada -- A federal bankruptcy judge on Friday gave his initial approval for the auction process that will place a large chunk of locals' casino giant Station Casinos on the open market.
U.S. Bankruptcy Court Judge Gregg Zive approved two motions sought by the bankrupt gaming company concerning a two-pronged reorganization that was proposed to the court in March. ... (read more)
Ameristar may seek Missouri license1 June 2010
LAS VEGAS, Nevada -- Ameristar Casinos has not formally said it was interested in acquiring a soon-to-be available Missouri gaming license. But the operator's actions place it smack into the middle of the debate. Las Vegas-based Ameristar, which already operates two Missouri casinos, suggested the license owned by the President Casino should be transferred from downtown St. ... (read more)
Slot machine market looking up1 June 2010
LAS VEGAS, Nevada -- So what happened to all the expected slot machine sales?
Following November's Global Gaming Expo in Las Vegas, casino operators seemed ready to loosen the half-decade-old grip they held over capital spending budgets.
The recession slowed customer casino spending, causing nationwide gaming revenues to fall 5.5 percent in 2009 following a 4.7 percent drop in 2008. ... (read more)
Joe Cada is back for more28 May 2010
LAS VEGAS, Nevada -- You're Joe Cada and you won tournament poker's ultimate championship last year at an age when your contemporaries are finishing college and thinking about embarking on a career or graduate school. Instead, at 21, you won the World Series of Poker's Main Event. You collected more than ... (read more)
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