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Howard Stutz Gaming Guru - Page 225Vegas visitor tally rises once again10 February 2010
LAS VEGAS, Nevada -- More people have visited Las Vegas for four months in a row, spreading optimism through the offices of the Las Vegas Convention and Visitors Authority.
But it is cautious optimism, Kevin Bagger, the authority's senior director of marketing, was quick to point out ... (read more)
Aqueduct casino soap opera continues10 February 2010
QUEENS, New York -- In today's episode "As Aqueduct Turns," two New York media outlets are reporting that state investigators are considering opening a preliminary investigation into the awarding of the casino franchise for the Aqueduct Racetrack.
Winning bidder Aqueduct Entertainment Group, the ... (read more)
MGM Mirage exec appointed to Shuffle Master board9 February 2010
LAS VEGAS, Nevada -- Former MGM Mirage executive Dan Wade has been appointed to the board of directors of Las Vegas-based gambling equipment provider Shuffle Master Gaming.
Wade spent 37 years in the gaming industry and held various executive positions with MGM Mirage for 16 years, including a ... (read more)
Pinnacle to sell Atlantic City site8 February 2010
LAS VEGAS, Nevada -- Regional casino operator Pinnacle Entertainment is putting its vacant 19-acre Atlantic City Boardwalk casino site on the market and may look at selling other nonrevenue-producing assets.
The Las Vegas-based company, which doesn't operate a casino in Southern Nevada, is also ... (read more)
MGM to divest from Atlantic City8 February 2010
ATLANTIC CITY, New Jersey -- MGM Mirage announced this morning it will divest itself from its holdings in Atlantic City by placing its 50 percent ownership stake in the Borgata resort and its vacant land holdings into a trust arrangement.
The move will allow MGM Mirage to sell its stake in the ... (read more)
Bethlehem wants Las Vegas Sands hotel timeline8 February 2010
BETHLEHEM, Pennsylvania -- The mayor of Bethlehem, Pa., wants Las Vegas Sands Corp. to set a construction timeline for the Sands Bethlehem's stalled hotel, mall and conference center.
Mayor John Callahan asked the Pennsylvania Gaming Control Board to make the timeline part of the casino's ... (read more)
Slot casino at Aqueduct racetrack moving ahead5 February 2010
QUEENS, New York -- New York's governor told reporters Wednesday that the consortium chosen to run a 4,500-game slot machine casino at the Aqueduct Race Track had agreed to all the state's conditions, including the upfront payment of a $300 million licensing fee.
However, one of the group's ... (read more)
Penn National maintains interest in Strip property5 February 2010
LAS VEGAS, Nevada -- Penn National Gaming officials spent a small portion of the company's fourth-quarter earnings conference call Thursday giving analysts a tour of the Strip.
But the regional casino and racetrack operator wasn't willing to tip its hand on where it might land.
The ... (read more)
Ameristar Casinos suffers fourth-quarter loss4 February 2010
LAS VEGAS, Nevada -- Ameristar Casinos recorded a $63.3 million loss in the fourth quarter after customers had trouble reaching its Indiana casino because of a closed bridge.
The Las Vegas-based company, which operates predominantly in regional markets, also said Wednesday it took a noncash ... (read more)
Hawaii lawmakers studying casino proposal4 February 2010
HONOLULU, Hawaii -- One of only two states without any form of legalized gambling is taking steps to change that status.
A lawmaker in Hawaii has introduced a bill that would legalize casinos in the state. The House Committee on Hawaiian Affairs passed the bill through to the entire legislative ... (read more)
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