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Howard Stutz Gaming Guru - Page 243Station founder Fertitta's services set25 August 2009
LAS VEGAS, Nevada –- Services for Station Casinos founder Frank Fertitta Jr. will be Friday and Saturday.
A rosary and vigil will start at 6:30 p.m. Friday at St. Joseph Husband of Mary Catholic Church at 7260 West Sahara Ave.
The funeral mass will be at 11 a.m. Saturday at the Shrine of the Most Holy ... (read more)
Nevada prepared for online gambling24 August 2009
LAS VEGAS, Nevada –- Nevada, where declining gaming and sales tax collections have ravaged the biennial budget, could benefit financially if a bill to legalize Internet gambling in the United States is approved by Congress.
The potential, however, rests on a big IF.
A House of Representatives ... (read more)
Station Casinos founder Fertitta dies at 7024 August 2009
LAS VEGAS, Nevada –- To long-time Station Casinos employees and patrons, Frank Fertitta Jr., the patriarch of the gaming company, was affectionately referred to as "Mr. Fertitta."
It was a title that came out of respect, said his long-time friends and associates.
"He was not aggressive or loud," said attorney Frank Schreck, who represented Fertitta since the 1970s. ... (read more)
California tribes to add slots24 August 2009
LAS VEGAS, Nevada –- California's slot machine market is about to get bigger.
A federal judge in Sacramento has ruled the state's Indian casinos can add 10,549 slot machines to a jurisdiction that is now approved for more than 83,000 games, the largest Indian gaming market in the United States.
By ... (read more)
LV Sands files for Hong Kong Stock Exchange20 August 2009
LAS VEGAS, Nevada –- Las Vegas Sands Corp. said it has formally applied with the Hong Kong Stock Exchange for a listing on the main board of the Asian stock market.
In a brief filing with the Securities and Exchange Commission this morning the operator of the Venetian and Palazzo and three resorts in ... (read more)
Lawsuit claims MGM misled shareholders20 August 2009
LAS VEGAS, Nevada –- Strip casino giant MGM Mirage has been hit with a shareholder class action lawsuit over the company's falling stock price and financial issues covering the past two years.
The case was filed in U.S. District Court in Nevada by a national law firm on behalf of a shareholder named ... (read more)
Wynns sell two million company shares19 August 2009
LAS VEGAS, Nevada –- Wynn Resorts Chairman Steve Wynn and his wife, Elaine, sold 2 million shares of the company's stock last Friday, collecting at least $114 million.
In a brief statement released this morning, Wynn Resorts said the shares were sold "to provide liquidity in anticipation of the change in ... (read more)
Privé files for license after staff changes18 August 2009
LAS VEGAS, Nevada –- The shuttered Privé nightclub and its ultralounge, the Living Room, could reopen sometime this week under a temporary liquor license after the ownership of the location inside Planet Hollywood Resort replaced the management and key employees.
Clark County's Business and ... (read more)
MGM Mirage says M Resort has lost its value18 August 2009
LAS VEGAS, Nevada –- MGM Mirage told Wall Street its investment in the $1 billion M Resort has lost its value.
When the Strip casino giant released second-quarter earnings Aug. 3, one factor contributing to the company's $212.6 million loss was a noncash impairment charge of $188 million, or ... (read more)
Busy Full House ready for spotlight17 August 2009
LAS VEGAS, Nevada –- Full House Resorts has quietly flown under the radar.
But the Las Vegas-based casino operator is making enough noise that investors could soon notice.
Two weeks ago, Full House opened the FireKeepers Casino in Battle Creek, Mich., which it manages for the Nottawaseppi Huron Band of Potawatomi Indians. ... (read more)
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