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Howard Stutz Gaming Guru - Page 220Study finds Las Vegas visitors spent less in 200922 March 2010
LAS VEGAS, Nevada -- Visitors to Las Vegas spent significantly less on gambling during 2009 than in previous years, according to a study released over the weekend by Las Vegas Convention and Visitors Authority.
A person's average gaming budget per trip was $481.57, according to the Las Vegas Visitor Profile, down significantly from $531.98 a year ago. ... (read more)
Trump Vegas project gets long-term financing19 March 2010
LAS VEGAS, Nevada -- Trump International Las Vegas has secured long-term financing for the condominium-hotel project that fell victim to the collapsing economy and is now operating primarily as a nongaming Strip hotel.
The undisclosed amount of financing, secured by the privately held Trump ... (read more)
Would Pansy Ho get a Nevada gaming license?19 March 2010
LAS VEGAS, Nevada -- New Jersey and Nevada gaming regulators disagree on the suitability of Hong Kong businesswoman Pansy Ho, MGM Mirage's joint venture partner in the MGM Grand Macau.
New Jersey said Pansy Ho is tainted by allegations the Macau casinos operated by her father, Hong Kong ... (read more)
N.J. says Asian casino boss has mob ties18 March 2010
LAS VEGAS, Nevada -- Nevada's top gaming regulator defended his agency's 3-year-old approval of MGM Mirage's business partner in Macau despite Wednesday's finding by his New Jersey counterparts that Hong Kong businesswoman Pansy Ho was unsuitable and under the influence of her Asian casino magnate ... (read more)
Macau may take back land promised to casino operators17 March 2010
LAS VEGAS, Nevada -- Four of Nevada's top casino companies -- Las Vegas Sands Corp., Wynn Resorts Ltd., MGM Mirage and Harrah's Entertainment -- could be hurt by a move made Tuesday by Macau's top leader.
Macau Chief Executive Fernando Chui said the Special Administrative Region of China may ... (read more)
Macau curtailing new casino construction16 March 2010
MACAU -- Macau will continue to regulate the number of casinos constructed in the Special Administrative Region of China.
Macau Chief Executive Fernando Chui, in a public policy address Tuesday, said the entity would only allow new casinos to be built as long as construction plans had ... (read more)
Pinnacle Entertainment names new CEO15 March 2010
LAS VEGAS, Nevada -- Former Harrah's Entertainment executive Anthony Sanfilippo has been named president and chief executive officer of regional casino operator Pinnacle Entertainment, the company announced Monday.
Sanfilippo, 51, replaces interim CEO John Giovenco, who had been operating the Las Vegas-based company since November. ... (read more)
Contractor plans liens against CityCenter owners15 March 2010
LAS VEGAS, Nevada -- MGM Mirage and Perini Building Co. are disputing payment of almost $500 million from the total construction budget of $8.5 billion for the CityCenter development.
In a filing Friday with the Securities and Exchange Commission, the casino operator said the project's ... (read more)
Shuffle Master reverses net loss12 March 2010
LAS VEGAS, Nevada -- Gaming equipment provider Shuffle Master reversed a quarterly net loss from a year ago but disappointed analysts who expected stronger profits.
The Las Vegas-based company, which provides casinos with table games and casino management equipment, said Thursday its net income was $3.7 million, or 7 cents a share, in the first quarter ended Jan. ... (read more)
Nevada may clamp relationships between casinos and Net12 March 2010
LAS VEGAS, Nevada -- Nevada gaming regulators may clamp down on contractual relationships between the state's casino operators and nongambling arms of the Internet gaming industry.
The move, which the Gaming Control Board is exploring, could shut off revenue streams for the World Series of ... (read more)
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