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Howard Stutz Gaming Guru - Page 226

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No table games in Maryland in 2010

3 February 2010
ANNAPOLIS, Maryland -- Maryland won't be joining Pennsylvania and Delaware in the table games market this year. The state's governor told media he's not going to ask lawmakers to debate legalizing table games during the upcoming legislative session. Maryland legalized slot machines in five ... (read more)
 

Isle of Capri exiting Greektown

3 February 2010
DETROIT, Michigan -- Isle of Capri Casinos announced Tuesday it was exiting a contract to operate the Greektown Casino in Detroit after a deal was reached for the property to emerge from bankruptcy. St. Louis-based Isle of Capri signed an agreement in January to take over management of Greektown ... (read more)
 

New York ties helped Navegante win Aqueduct deal

2 February 2010
QUEENS, New York -- Longtime gaming executive Larry Woolf said there's a simple explanation why a partnership that includes his Navegante Group won the right to operate a potentially lucrative casino at New York City's Aqueduct Race Track. Except for Woolf's Las Vegas-based casino management ... (read more)
 

Wall Street finds IGT boss's outlook too conservative

2 February 2010
LAS VEGAS, Nevada -- The honeymoon may be over between Wall Street and International Game Technology Chief Executive Officer Patti Hart. Based on comments and observations following the company's first-quarter earnings report last month, analysts are no longer giving Hart a free pass. ... (read more)
 

Navegante Group wins Aqueduct bidding

1 February 2010
QUEENS, New York -- A partnership that includes the Las Vegas-based Navegante Group won a prolonged bidding process Friday and was selected to build and operate a potentially lucrative casino at the Aqueduct Race Track in New York City. New York Gov. David Paterson chose Aqueduct Entertainment Group ... (read more)
 

Gaming stocks see a January jolt

1 February 2010
LAS VEGAS, Nevada -- Gaming stocks started off the year with a bounce as investors anticipated fourth-quarter earnings and casino watchers tried to gauge the impact of the recently opened CityCenter on Las Vegas. On a whole, seven of the 10 publicly traded casino operators and slot machine ... (read more)
 

Northern Nevada's woes likely to expand

1 February 2010
LAS VEGAS, Nevada -- Expansion plans by an Indian casino near Sacramento, Calif., signal another bad omen for Northern Nevada's beleaguered gaming market. Casino revenues in Reno and the Lake Tahoe area have been decimated for almost three years. The recession has zapped tourism, while bad weather ... (read more)
 

Effel adds flair to flourishing tournament

1 February 2010
LAS VEGAS, Nevada -- The World Series of Poker has allowed Jack Effel to live out a lifelong ambition. Growing up in Dallas, Effel wanted to become an announcer or broadcaster. As a teenager, he would carry around a tape recorder, play his favorite songs and add commentary. "I always said I ... (read more)
 

N.Y. council members endorse MGM Mirage Aqueduct bid

29 January 2010
LAS VEGAS, Nevada -- The selection of casino operator for New York City's Aqueduct Race Track has dragged on for almost a year. Now, the three New York City Council members who represent the Southeast Queens Community where Aqueduct is located have weighed in on the matter. Deputy Majority Leader Leroy Comrie, Civil Service & Labor Committee Chairman James Sanders Jr. ... (read more)
 

Bankruptcy exit near for Herbst Gaming

29 January 2010
LAS VEGAS, Nevada -- Herbst Gaming will emerge from bankruptcy next week but it may take up to a year to determine the makeup of the Las Vegas-based casino company and slot machine route operator. In a filing with the Securities and Exchange Commission Thursday, Herbst Gaming said its Final Plan of Reorganization, which was approved by the U.S. ... (read more)

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