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Howard Stutz Gaming Guru - Page 231Station Casinos sets odds on Tiger win4 January 2010
LAS VEGAS, Nevada -- It took all of a few hours for the strangest proposition wager of 2010 to be offered at a Las Vegas sports book.
Station Casinos has placed odds on golfer Tiger Woods winning a PGA tournament this year.
Woods, the world's top golfer, has said he is taking a break from the ... (read more)
Gaming stocks down for the month, up for 20094 January 2010
LAS VEGAS, Nevada -- December wasn't the best of months for the publicly traded gaming companies.
But compared to where their stock prices stood a year ago, 2009 turned out to be a rebound year for most of the sector.
The average daily stock prices of the seven casino companies and three slot ... (read more)
Gazing ahead at gaming in 20104 January 2010
LAS VEGAS, Nevada -- Gaming news in 2009 wasn't boring. It also wasn't positive.
Other than the opening of the $8.5 billion CityCenter -- which remains an ongoing story in 2010 -- the industry struggled with the economy, diminished revenues and bankruptcies.
So what does 2010 hold?
Certain ... (read more)
Aqueduct casino decision may be near4 January 2010
LAS VEGAS, Nevada -- We've heard this before: New York Gov. David Paterson hopes to select a casino operator for the Aqueduct Race Track "in the next week or so."
According to New York media, the state is nearing a deadline if hopes to have a contract in place with the operator of a planned slot ... (read more)
Small casinos see recession as real adversary4 January 2010
LAS VEGAS, Nevada -- Brad Fredella, general manager of the Stetson's Saloon and Casino on the Boulder Highway, doesn't consider neighboring large casinos such as Sunset Station, Green Valley Ranch Resort and the Fiesta Henderson as his competition.
With 69 slot machines and an eight-seat race-and-sports ... (read more)
Indiana bridge closing could hurt Ameristar Casinos30 December 2009
LAS VEGAS, Nevada -- A bridge closing in Indiana has implications for investors in Las Vegas-based Ameristar Casinos.
The shut down of the Cline Avenue Bridge (Indiana State Route 912) will force customers of Ameristar East Chicago to find a new access to the riverboat casino.
Macquarie Securities ... (read more)
Megamyth shadows Nevada casino openings28 December 2009
LAS VEGAS, Nevada -- We can all blame Elmer Sherwin for one of the greatest urban myths in Nevada gaming.
On Nov. 22, 1989, the 76-year-old retiree won a $4.6 million Megabucks jackpot at The Mirage. The slot machine pull came about 10 hours after the resort opened.
Sherwin's jackpot is the ... (read more)
IGT boss has plenty on to-do list28 December 2009
LAS VEGAS, Nevada -- Overseeing the day-to-day operations of slot machine manufacturer International Game Technology was not on Patti Hart's to-do list.
Four years earlier, Hart had left her chief executive officer duties with technology company Pinnacle Systems and was elected to the boards of four ... (read more)
Fitch Ratings says recovery not in cards in 201023 December 2009
LAS VEGAS, Nevada -- The impact the recession had on the casino industry in 2009 has not been completely accounted for, but by all measures the year will go down as the worst on record.
Through October, gaming revenues have declined more than 12 percent both on the Strip and throughout Nevada. Monthly ... (read more)
Pennsylvania market could unlock gaming profits22 December 2009
LAS VEGAS, Nevada -- The approval of table games in one West Virginia county may be just a prelude to Pennsylvania.
If the Keystone State follows suit, Las Vegas-based table game providers could be doubling down.
Jefferson County voters this month gave their OK for live table games to be added to the casino at the Charles Town Racetrack, which Penn National Gaming operates. ... (read more)
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