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Howard Stutz Gaming Guru - Page 213WSOP offering more low buy-in events28 May 2010
LAS VEGAS, Nevada -- If attendance at last year's special $1,000 buy-in no limit hold 'em event was any indication, the folks running the World Series of Poker may be on to something. Tournament officials added the event to boost attendance and give low-limit players a chance to compete for a championship bracelet. ... (read more)
Illinois expands slot machine footprint27 May 2010
SPRINGFIELD, Illinois -- Illinois lawmakers changed the language of the state's Video Gaming Act Wednesday, allowing truck stops and VFW halls to operate slot machines. The measure passed both legislative houses and it's anticipated the governor will sign the bill into law.
Originally, in the law passed ... (read more)
Governor, MGM Mirage meet over disputed payments27 May 2010
LAS VEGAS, Nevada -- An MGM Mirage official vowed Wednesday to pay subcontractors who claim they are owed almost $400 million for their work on CityCenter, following a meeting between company executives and Gov. Jim Gibbons. CityCenter Chief Executive Officer Bobby Baldwin said paying some 600 ... (read more)
MGM Mirage invites subcontractors to meeting26 May 2010
LAS VEGAS, Nevada -- Subcontractors caught in the middle of the legal skirmish between MGM Mirage and Perini Building Co. have been invited to a mass meeting with the casino operator to discuss how the companies can settle some $390 million in disputed claims over work on CityCenter. The meeting will take place at 10 a.m. ... (read more)
Hard Rock Hotel selects new president26 May 2010
LAS VEGAS, Nevada -- M Resort executive Joseph Magliarditi has been selected as president and chief executive officer of the Hard Rock Hotel, Morgans Hotel Group announced Tuesday. Magliarditi, M Resort's chief operating officer, has been with the hotel-casino since the property's opening in March 2009. ... (read more)
Slot giant IGT takes server-based gaming to Europe25 May 2010
LAS VEGAS, Nevada -- Slot machine giant International Game Technology has rolled out its first European launch of the company's sbX server-based gaming system.
The system, which links a casino's slot machines to a central server that allows for better game management, is similar to the system installed last year at Aria and recently at the Monte Carlo, only on a much smaller scale. ... (read more)
CityCenter continues to close condo sales25 May 2010
LAS VEGAS, Nevada -- CityCenter continues to close residential sales of its high-rise luxury condominiums, although the pace is not what developer MGM Mirage had originally desired. Through the middle of May, closings have been completed on 125 residential units inside the Mandarin Oriental and Vdara, totaling $118 million in sales, according to statistics compiled by Union Gaming Group. ... (read more)
Governor meets with Perini officials over MGM Mirage dispute24 May 2010
LAS VEGAS, Nevada -- In the simmering rift between casino operator MGM Mirage and general contractor Perini Building Co. over a payment dispute for CityCenter, both sides agreed on one aspect. Officials from the feuding companies want the more than 600 subcontractors and vendors caught in the middle of the ... (read more)
Looney Rooney off base on gambling stance24 May 2010
LAS VEGAS, Nevada -- After curmudgeon commentator Andy Rooney slammed the casino industry a week ago on the CBS show "60 Minutes," gaming lobbyists took a pass taking him to task for the remarks.
I won't.
Rooney, who sounded like the crazy uncle relegated to the family basement, reported on the American Gaming Association's annual "State of the States" survey. ... (read more)
LV Sands closes $1.75 billion in financing for Macau21 May 2010
LAS VEGAS, Nevada -- Las Vegas Sands Corp. took a step toward restarting the company's Cotai Strip projects in Macau today, announcing it had closed $1.75 billion in project financing through its Chinese subsidiary.
Sands China Ltd. will use the funds to complete construction on the combined Shangri-La, ... (read more)
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