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Howard Stutz Gaming Guru - Page 238Ohio voters support casino measure26 October 2009
LAS VEGAS, Nevada -- Ohio voters support a statewide ballot measure that would allow four casinos to be built in the state's largest cities, a Columbus Dispatch/Ohio Newspaper Poll showed Sunday. The election will be held Nov. 3.
Ohio voters currently favor Issue 3 by 57 percent to 39 percent, with 4 percent undecided. ... (read more)
IGT board post adds to Satre's power26 October 2009
LAS VEGAS, Nevada -- Phil Satre is the most powerful businessman in Nevada.
He can influence both your electricity costs and what slot machines you can play at the local casino.
There might be some argument as to which role is more important.
Satre, 60, joined the board of directors of NV ... (read more)
Chef Boulud leaving Wynn for Las Vegas Sands26 October 2009
LAS VEGAS, Nevada -- New York chef Daniel Boulud will open a restaurant at the $5.4 billion Marina Bay Sands, which is being built in Singapore by Las Vegas Sands Corp. and is expected to open next year.
He will be one of six celebrity chefs opening eateries at the Marina Bay Sands, which will be the island nation's first casino.
... (read more)
Casino execs support stimulus package23 October 2009
LAS VEGAS, Nevada -- Without several provisions in the federal stimulus bill, Nevada government might have shut down, jobs would have been lost and casino corporations wouldn't have been able to restructure some of their long-term debt, sending additional companies into bankruptcy.
That was the message ... (read more)
Steve Wynn won't quiet criticism23 October 2009
LAS VEGAS, Nevada -- Wynn Resorts Ltd. Chairman Steve Wynn said Monday he plans to continue speaking out on what he calls the Obama administration's mishandling of the economy.
And he believes others in the business community should be taking a similar approach.
"I feel very strongly about this, and it ... (read more)
Navegante picks up endorsement in Aqueduct bid22 October 2009
LAS VEGAS, Nevada -- Las Vegas-based Navegante Group picked up an important endorsement in its bid to operate a casino at the Aqueduct Race Track in New York City.
The Minority Business Leadership Council of New York urging the governor to select Aqueduct Entertainment Group for the license. Navegante, ... (read more)
Penn National remains interested in Strip22 October 2009
LAS VEGAS, Nevada -- Penn National Gaming made its intentions clear Wednesday -- the regional casino operator wants to acquire the bankrupt Fontainebleau project if it makes financial sense.
During Penn's third-quarter earnings conference call with analysts, company executives addressed several questions ... (read more)
CityCenter worth about half of building cost21 October 2009
LAS VEGAS, Nevada -- CityCenter is worth about half of what it cost MGM Mirage and Dubai World to build the massive Strip development, according to third-party valuation specialists.
In a statement to investors Tuesday, in which MGM Mirage said it was writing down more than $1 billion related to ... (read more)
Murren says Wynn doesn't speak for enitire industry19 October 2009
LAS VEGAS, Nevada -- MGM Mirage boss Jim Murren doesn't mind that rival casino operator Steve Wynn made the rounds on cable television recently.
Murren wants to be clear, however, that Wynn, the chairman of Wynn Resorts, isn't the voice for the entire gaming industry with his critical remarks on how the Obama administration is handling the economy and healthcare.
... (read more)
MGM Mirage explores Hong Kong IPO19 October 2009
LAS VEGAS, Nevada -- MGM Mirage may join its rivals with a listing on the Hong Kong Stock Exchange.
The Las Vegas-based casino operator, which owns 50 percent of the MGM Grand Macau, is exploring an initial public offering in the Asian market.
MGM Mirage Chairman and Chief Executive Officer Jim Murren ... (read more)
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