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Howard Stutz Gaming Guru - Page 214Nevada Gaming Board member not opposed to online wagering19 May 2010
LAS VEGAS, Nevada -- Nevada Gaming Control Board Member Randall Sayre said he isn't opposed to online wagering.
"I've got nothing against Internet gambling. I have no dog in the fight with regards to whether it's good or bad," Sayre told GamblingCompliance, an online publication based in the United Kingdom which covers the casino industry. ... (read more)
Andy Rooney rips industry on "60 Minutes"17 May 2010
LAS VEGAS, Nevada -- It probably wasn't too much of a surprise that curmudgeon commentator Andy Rooney took off on the gaming industry Sunday night on the CBS News television show "60 Minutes."
What may have been surprising was that he launched a verbal tirade on casino employees.
"I mean who's ... (read more)
Atlantic City casino revenue slightly improves17 May 2010
ATLANTIC CITY, New Jersey -- Only in Atlantic City would casino operators be celebrating a less than 1 percent decline in monthly gaming revenues.
April's casino win of $311.5 million didn't reverse a downward spiral that goes back to August 2008, but it gave casino operators on the Boardwalk some hope. ... (read more)
Aria ready for Ivey Room debut17 May 2010
LAS VEGAS, Nevada -- So how much money do you have to gamble to have your name placed on the room that houses the highest-limit poker table inside the Strip's newest and most expensive hotel-casino? Aria President Bill McBeath isn't saying. But clearly when the name of poker superstar Phil Ivey is attached to a nine-seat table, we're not talking penny ante. ... (read more)
Paragon Gaming taking on $450 million project in Vancouver17 May 2010
VANCOUVER, British Columbia -- Diana Bennett watched her father create a Las Vegas tourism segment while building a billion-dollar casino business.
The daughter of gaming pioneer William Bennett has quietly taken that same entrepreneurial spirit to Canada with Paragon Gaming.
Paragon, a privately ... (read more)
Rival's results bode well for Marina Bay Sands14 May 2010
SINGAPORE -- The Singapore subsidiary of Malaysia-based casino operator Genting reported first quarter earnings today but analysts were reading more into the figures than just the raw numbers. They believe the results from Genting's recently opened casino project on Singapore's Sentosa Island gives a glimpse into how Las Vegas Sands Corp.'s Marina Bay Sands is performing. ... (read more)
Texas legislator pushes legalized gaming14 May 2010
AUSTIN, Texas -- Texas has become the latest state to float the idea of legalizing casinos and using the tax revenues to close what potentially could be an $18 billion budget hole.
Texas House Appropriations Chairman Jim Pitts, a Republican, said Tuesday that legalized casinos in the Lone Star State ... (read more)
Aqueduct casino bidding begins again14 May 2010
NEW YORK, New York -- New York Lottery officials have restarted the search for an operator to manage a proposed 4,500-machine video lottery terminal casino at the Aqueduct Racetrack in New York City. But after last year's convoluted bidding process, which resulted in Las Vegas-based Navegante Group losing ... (read more)
Nevada gaming revenues dip slightly14 May 2010
LAS VEGAS, Nevada -- It was back to normal for Nevada casinos in March -- or what portends to be the new normal.
Gaming revenues fell by less than 1 percent during the month following February's double-digit increase, the first such climb in almost three years.
On the Strip, gaming revenues increased 2.4 percent, the second straight monthly increase for the tourist market. ... (read more)
Stratosphere sets stage for improvements14 May 2010
LAS VEGAS, Nevada -- The Stratosphere's owners said Wednesday that a planned renovation and a new thrill ride that is already drawing better-than-expected numbers should help bolster the property's performance as the economy recovers. American Casino & Entertainment Properties will spend $20 million in room ... (read more)
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