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Howard Stutz Gaming Guru - Page 230Planet Hollywood nightclubs get temporary liquor licenses8 January 2010
LAS VEGAS, Nevada -- Embattled nightclub owners of Privé nightclub and its sister club Living Room were granted an extension Thursday of its temporary liquor license until April 9 by the Clark County Business License Department.
The extension was issued by the county without a hearing before Clark County commissioners. ... (read more)
Cannery Casinos benefiting by Pennsylvania table games approval8 January 2010
LAS VEGAS, Nevada -- Shuffle Master and Las Vegas Sands Corp. aren't the only Nevada gaming companies expected to benefit by Pennsylvania's approval Thursday to allow the state's slot machine-only casinos to add table games.
The Meadows Racetrack and Casino in Washington County outside of Pittsburgh is ... (read more)
Wynn to give wife half of his stock in divorce7 January 2010
LAS VEGAS, Nevada -- Wynn Resorts Ltd. Chairman Steve Wynn will transfer half of his stock in the Las Vegas-based casino operator to his wife, Elaine, as part of their divorce settlement, but he isn't relinquishing control of the company.
According to a filing Wednesday with the Securities and ... (read more)
Isle of Capri could run Station Casinos7 January 2010
LAS VEGAS, Nevada -- Regional gaming operator Isle of Capri Casinos could become the manager of at least four Station Casinos-owned properties through an agreement reached with one of the bankrupt company's lenders.
A spokeswoman for St. Louis-based Isle of Capri said Wednesday that the company ... (read more)
Analysts praise Pennsylvania table games approval7 January 2010
LAS VEGAS, Nevada -- Pennsylvania Gov. Ed Rendell signed a bill into law last week that will allow the state's slot machine-only casinos to add table games to gaming floors.
The new law will allow large Pennsylvania casinos to add up 250 table games each and smaller resort style casinos can add 50 games each. ... (read more)
No megafight is no good for Vegas7 January 2010
LAS VEGAS, Nevada -- Boxing fans aren't the only ones upset about the apparent demise of the Floyd Mayweather Jr.-Manny Pacquiao championship fight that had been scheduled for March 13 at the MGM Grand.
Wall Street said Las Vegas could be losing out on a potentially lucrative payday.
Macquarie ... (read more)
Isle of Capri to take over Greektown in Detroit6 January 2010
LAS VEGAS, Nevada -- St. Louis-based regional casino operator Isle of Capri Casinos will take over management of the bankrupt Greektown Casino in Detroit.
The casino had been managed by the Las Vegas-based Fine Point Group, whose contract expired on Dec. 31.
The casino, which has been operating under Chapter 11 bankruptcy protection, filed a request Tuesday with U.S. ... (read more)
Analysts upgrade Wynn, Las Vegas Sands5 January 2010
LAS VEGAS, Nevada -- Wall Street analysts upgraded the prospects of two Las Vegas-based casino operators based on the companies' holdings in Macau.
Simultaneously, Macau media reported gaming revenue in the Chinese gambling market jumped 48 percent in December.
The news sent shares of Wynn Resorts and Las Vegas Sands Corp. ... (read more)
Pennsylvania table game vote could come this week5 January 2010
LAS VEGAS, Nevada -- Pennsylvania's governor is giving state lawmakers until Friday to reach an agreement on legalizing table games, and he's holding the jobs of 1,100 state workers as hostage.
Gov. Ed Rendell said he needs the tax revenues generated by Pennsylvania casinos to balance the state budget. ... (read more)
Penn National secures Ohio location4 January 2010
LAS VEGAS, Nevada -- The courts may still weigh in, but Penn National Gaming is moving forward on one of two planned casino projects in Ohio.
The Wyomissing, Pa.-based regional casino operator purchased a 44-acre site in East Toledo, Ohio for a planned $250 million casino. The site cost $2.5 ... (read more)
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