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Howard Stutz Gaming Guru - Page 235

Howard Stutz
 
 

The Mirage celebrates 20th anniversary

23 November 2009
LAS VEGAS, Nevada -- Twenty years ago, The Mirage was the CityCenter of its time. Built by Steve Wynn's Golden Nugget Corp. for a then unheard of cost of $620 million, The Mirage was the first new resort added to the Strip's skyline in more than 15 years. But with the city still recovering from the ... (read more)
 

Pinnacle seeks to hire CEO in 90 days

20 November 2009
LAS VEGAS, Nevada -- Las Vegas-based Pinnacle Entertainment hopes to have a new chief executive officer in place "within the next 90 days" company officials said this week. Interim CEO John Giovenco, a member of the casino operator's board of directors and the former president of Hilton Gaming Corp., told ... (read more)
 

Slot machines center of attention at G2E

20 November 2009
LAS VEGAS, Nevada -- Slot machine manufacturers didn't hold back at the Global Gaming Expo. Games with high-definition animated characters and 3-D graphics, touch-screen technology and Xbox-type or similar video game features were on display in the booths of the major slot machine makers. Slot ... (read more)
 

Aria casino gets license approval

20 November 2009
LAS VEGAS, Nevada -- There was never any doubt Thursday whether Nevada gaming regulators would approve a casino license for the centerpiece resort inside the $8.5 billion CityCenter development. However, all five members of the Nevada Gaming Commission said they had reviewed a 10-inch thick notebook of ... (read more)
 

PartyGaming executive sees future in online betting

18 November 2009
LAS VEGAS, Nevada -- Internet gaming companies could become the next wave of casino industry equipment manufacturers if the U.S. government legalizes online wagering. Jim Ryan, chief executive officer of Gibraltar-based PartyGaming, told a private meeting of institutional gaming industry investors Monday ... (read more)
 

Penn seeks approval to buy Fontainebleau

18 November 2009
LAS VEGAS, Nevada -- Penn National Gaming asked the federal bankruptcy court in Miami on Tuesday to approve the company as the stalking horse bidder for the shuttered Fontainebleau project, setting a starting price of $50 million for the Strip development that had a construction budget of almost $3 ... (read more)
 

Gaming insiders not betting on end of recession

18 November 2009
LAS VEGAS, Nevada -- America's casino industry is showing slight signs of a recovery from the economic firestorm of the past 18 months, but gaming insiders believe it will be three to four years before business returns to levels seen before 2008. During his annual Global Gaming Expo state of the gaming industry media briefing Tuesday, American Gaming Association President Frank Fahrenkopf Jr. ... (read more)
 

Nevada not investigating Lee, Pinnacle

16 November 2009
LAS VEGAS, Nevada -- Nevada Gaming Control Board Chairman Dennis Neilander said there are no plans for the state to open an investigation into Pinnacle Entertainment following the sudden resignation of chairman and chief executive officer Dan Lee. Missouri gaming authorities said they were investigating ... (read more)
 

License backed for CityCenter casino

16 November 2009
LAS VEGAS, Nevada -- Gaming regulators on Friday granted preliminary licensing approval for the only casino component inside the $8.5 billion CityCenter project and suggested the revenue mix might be sharply different from the traditional gaming-driven environment. During a hearing that lasted more than ... (read more)
 

WSOP Commissioner Pollack resigns post

13 November 2009
LAS VEGAS, Nevada -- World Series of Poker Commissioner Jeffrey Pollack resigned his role with the tournament just three days after concluding its second-most lucrative competition in the event's 40-year history. Pollack, 45, said Thursday he plans to "explore new business challenges" after completing a four-year run as the World Series of Poker's driving force. ... (read more)

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