 Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter! Howard Stutz Archives
More Strategy Experts
|
Howard Stutz Gaming Guru - Page 215Isle of Capri interested in Missouri license10 May 2010
LAS VEGAS, Nevada -- Apparently there is interest in owning the soon-to-be-available St. Louis gaming license that Pinnacle Entertainment is abandoning in July.
Some 15 groups and individuals, including regional gaming operator Isle of Capri Casinos, have sent letters of interest to Missouri gaming regulators. ... (read more)
Gaming revenues from casino industry plummet again7 May 2010
LAS VEGAS, Nevada -- Americans have grown seemingly comfortable with the idea of having a casino in the neighborhood.
But in 2009, they just weren't willing to spend as much on gambling as in the past.
For the second straight year, gaming revenues produced by the nation's commercial casino industry tumbled as the recession caused gamblers to watch their wallets more closely. ... (read more)
MGM Mirage hopes for quick resolution to CityCenter feud7 May 2010
LAS VEGAS, Nevada -- While MGM Mirage isn't planning to publicly try its dispute with Perini Building Co. over payment of $500 million in CityCenter construction costs, company Chairman and Chief Executive Officer Jim Murren doesn't want to lose the perception battle either. Murren, during MGM Mirage's ... (read more)
IGT cuts ties with Digideal7 May 2010
RENO, Nevada -- International Game Technology is ending its relationship with electronic table game provider DigiDeal, allowing the smaller company to branch out on its own.
The announcement Wednesday unwinds a 2007 transaction that established IGT as majority owner of DigiDeal and gave IGT exclusive rights to manufacture and distribute DigiDeal table games globally. ... (read more)
MGM Mirage reports net loss of $96.7 million7 May 2010
LAS VEGAS, Nevada -- MGM Mirage lost $96.7 million in the first quarter, news that was not a surprise to Wall Street after the company pre-announced earnings last month.
The casino giant, which operates 10 Strip resorts, said this morning the net loss translated into a loss of 22 cents per share for the quarter that ended March 31. ... (read more)
Vegas firm shows interest in Station Casino properties4 May 2010
LAS VEGAS, Nevada -- On the eve of what could be pivotal hearings in the Station Casinos bankruptcy case, a Las Vegas firm has entered the fray, expressing an interest in acquiring some of the company's small properties. Las Vegas-based Silver State Capital Advisors said in statement late Monday night it ... (read more)
Las Vegas stock index up in April3 May 2010
LAS VEGAS, Nevada -- Bad news coming from some gaming industry companies during April didn't faze investors.
Six casino operators and three slot machine manufacturers all showed marked upticks in their average daily stock prices during the month with seven of the nine showing double-digit increases. ... (read more)
Did Steve Wynn criticize Sheldon Adelson?3 May 2010
LAS VEGAS, Nevada -- Did Wynn Resorts Chairman Steve Wynn take a veiled verbal swipe at his rival, Las Vegas Sands Corp. Chairman Sheldon Adelson, during his company's quarterly earnings conference call Thursday?
You be the judge.
In responding to a question about Wynn's plans for a hotel-casino on ... (read more)
Wynn has major plans for Macau30 April 2010
LAS VEGAS, Nevada -- Wynn Resorts Chairman Steve Wynn didn't back away from the idea of moving the casino operator's corporate headquarters from Las Vegas to Macau, and he said Thursday that he and the company's chief financial officer would spend more time in China.
During a question-and-answer session ... (read more)
Three companies seek St. Louis gaming license30 April 2010
ST. LOUIS, Missouri -- Isle of Capri Casinos, which is based in St. Louis, is one of three parties seeking the Missouri gaming license being abandoned by Pinnacle Entertainment. The Las Vegas-based regional casino operator will surrender the license when it shuts down the President Casino in July.
The President is located on the Mississippi River in downtown St. ... (read more)
< Previous 10 Articles | Next 10 Articles > |